According to a new report Microwave Oven Market, published by KBV Research, the Microwave Oven Market is expected to attain a market size of $28.9 billion by 2023, growing at a CAGR of 5.9% during the forecast period.
The Convection market dominated the Global Microwave Oven Market by Product Type in 2016, and would continue to be a dominant market till 2023. The Grill market is expected to witness a CAGR of 6.6% during (2017 - 2023). Additionally, The Solo market is expected to witness a CAGR of 6.7% during (2017 - 2023).
The North America market dominated the Global Commercial Microwave Oven Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 6.9 % during the forecast period. The Europe market is expected to witness a CAGR of 6.6% during (2017 - 2023). Additionally, The Asia Pacific market is expected to witness a CAGR of 8.7% during (2017 - 2023).
The Counter Top market dominated the Global Microwave Oven Market by Structure in 2016, and would continue to be a dominant market till 2023; thereby, achieving a market value of $20,810.5 million by 2023, growing at a CAGR of 5.5 % during the forecast period. Additionally, The Built-In market would attain market value of $8,093.0 million by 2023.
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the Microwave Oven Market have been discussed in the report along with the elaborated company profiles of Panasonic Corporation, Whirlpool Corporation, LG Corporation (LG Electronics, Inc.), SAMSUNG ELECTRONICS CO. LTD., Alto Shaam, Inc., AB Electrolux, Hon Hai Precision Industry Co., Ltd., Techtronic Industries (Hoover limited), Illinois Tool Works (ITW) Inc., and Galanz Enterprise Group.
Full report - https://www.kbvresearch.com/microwave-oven-market/
By Product Types
By Applications
By Structures
By Geographies
Companies Profiled
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Related Reports:
North America Microwave Oven Market
Europe Microwave Oven Market
LAMEA Microwave Oven Market
Asia Pacific Microwave Oven Market
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