Global Commercial Microwave Ovens Market Growth 2019-2024

SKU ID : LPI- 13069865

Publishing Date : 11-Feb-2019

No. of pages : 159

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  • Commercial microwaves are constructed with higher quality materials and designed for superior durability compared to a typical residential microwave. They are also designed for much more frequent and heavy use than a home model. A commercial microwave will typically have a much higher power output than a residential microwave.
    Commercial Microwave Ovens used in Food Service Industry and Food Industry. Report data showed that 46.99% of the Commercial Microwave Ovens market demand in Food Service Industry and 53.01% in Food Industry in 2016.
    There are three kinds of Commercial Microwave Ovens, which are Under 1 Cu. Ft Type, 1 to 1.9 Cu. Ft Type and Over 2 Cu.ft Type. Under 1 Cu. Ft Type is important in the Commercial Microwave Ovens, with a sales market share nearly 48.09% in 2016.
    North America is the largest sales regions of Commercial Microwave Ovens, with a sales value market share nearly 32.95% in 2016.
    The second place is Europe; following North America with the sales value market share over 30.97% in 2016. China is another important sales market of Commercial Microwave Ovens.
    Briefly speaking, in the next few years, Commercial Microwave Ovens industry will still be a relative steady industry. Sales of Commercial Microwave Ovens have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.


    According to this study, over the next five years the Commercial Microwave Ovens market will register a 6.8% CAGR in terms of revenue, the global market size will reach US$ 5940 million by 2024, from US$ 4270 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Commercial Microwave Ovens business, shared in Chapter 3.

    This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Microwave Ovens market by product type, application, key manufacturers and key regions and countries.

    This study considers the Commercial Microwave Ovens value and volume generated from the sales of the following segments:

    Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    Under 1 Cu. Ft Type
    1 to 1.9 Cu. Ft Type
    Over 2 Cu.ft Type
    Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Food Service Industry
    Food Industry

    This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
    United States
    Canada
    Mexico
    Brazil
    APAC
    China
    Japan
    Korea
    Southeast Asia
    India
    Australia
    Europe
    Germany
    France
    UK
    Italy
    Russia
    Spain
    Middle East & Africa
    Egypt
    South Africa
    Israel
    Turkey
    GCC Countries

    The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
    Galanz
    Midea
    Panasonic
    SHARP
    Whirlpool
    Electrolux
    Siemens
    GE(Haier)
    LG
    Samsung
    Toshiba
    Bosch
    Breville

    In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

    Research objectives
    To study and analyze the global Commercial Microwave Ovens consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Commercial Microwave Ovens market by identifying its various subsegments.
    Focuses on the key global Commercial Microwave Ovens manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Commercial Microwave Ovens with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Commercial Microwave Ovens submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.