The Europe Electric Hobs Market would witness market growth of 4.1% CAGR during the forecast period (2022-2028).
Despite their similarities in appearance, induction and ceramic hobs are fundamentally distinct appliances. The primary distinction between induction and ceramic hobs is how heat is generated. An induction cooktop works similarly to an electric hob, but it contains coils beneath the surface that induce an electrical current in the pan or metal item to generate heat. It uses less energy than other types of electric hobs because it requires less electricity and remains cold until set a pan on it.
Many electric hobs include features such as a power boost, which allows increasing the power required to cook quickly, which is excellent if in a hurry. One of the most significant features of an electric hob is the safety features installed to prevent accidents. The heat indicator is a valuable feature that lets know if a zone is still hot after use and warns not to touch it. This visibly tells consumer and eliminates the need to burn fingertips checking if it's still too hot or not!
In 2019, Germany generated 612.4 billion kWh of electricity. Renewable energy generation now accounts for 40% of total electricity generation (37 percent excluding hydropower). Although natural gas generation climbed somewhat in 2019, coal and nuclear generation declined in 2019. By 2030, Germany wants to generate 65 percent of its electricity from renewable sources. Germany is the world's seventh-largest nuclear energy producer, with 75.1 terawatt hours (TWh) or 12% of total power generation, down from 133 TWh (28% of total generation) in 2010. The sharp drop is due to the anticipated retirement of older nuclear power plants. By 2022, the German government intends to shut down all remaining nuclear power plants.
The Germany market dominated the Europe Electric Hobs Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $64.2 Million by 2028. The UK market would witness a CAGR of 3.2% during (2022 - 2028). Additionally, The France market is experiencing a CAGR of 4.8% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarket/Hypermarket, E-commerce, and Others. Based on Size, the market is segmented into 2 Burner, 4 Burner, and 5 Burner. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The North America Electric hobs Market would witness market growth of 12.5% CAGR during the forecast period (2022-2028).
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH (BSH Home Appliances Corporation), LG Electronics, Inc. (LG Corporation), Siemens AG, Whirlpool Corporation, Haier Smart Home Co., Ltd. (Haier Group Corporation), Beko plc (Arçelik A.?.), Cusimax, SMEG S.p.A. and Electrolux AB
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Specialty Stores
- Supermarket/Hypermarket
- E-commerce
- Others
By Size
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH (BSH Home Appliances Corporation)
- LG Electronics, Inc. (LG Corporation)
- Siemens AG
- Whirlpool Corporation
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
- Beko plc (Arçelik A.?.)
- Cusimax
- SMEG S.p.A.
- Electrolux AB
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Electric hobs Market, by Distribution Channel
1.4.2 Europe Electric hobs Market, by Size
1.4.3 Europe Electric hobs Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Market Share Analysis, 2021
Chapter 4. Europe Electric Hobs Market by Distribution Channel
4.1 Europe Specialty Stores Market by Country
4.2 Europe Supermarket/Hypermarket Market by Country
4.3 Europe E-commerce Market by Country
4.4 Europe Others Market by Country
Chapter 5. Europe Electric Hobs Market by Size
5.1 Europe 2 Burner Market by Country
5.2 Europe 4 Burner Market by Country
5.3 Europe 5 Burner Market by Country
Chapter 6. Europe Electric Hobs Market by Country
6.1 Germany Electric Hobs Market
6.1.1 Germany Electric Hobs Market by Distribution Channel
6.1.2 Germany Electric Hobs Market by Size
6.2 UK Electric Hobs Market
6.2.1 UK Electric Hobs Market by Distribution Channel
6.2.2 UK Electric Hobs Market by Size
6.3 France Electric Hobs Market
6.3.1 France Electric Hobs Market by Distribution Channel
6.3.2 France Electric Hobs Market by Size
6.4 Russia Electric Hobs Market
6.4.1 Russia Electric Hobs Market by Distribution Channel
6.4.2 Russia Electric Hobs Market by Size
6.5 Spain Electric Hobs Market
6.5.1 Spain Electric Hobs Market by Distribution Channel
6.5.2 Spain Electric Hobs Market by Size
6.6 Italy Electric Hobs Market
6.6.1 Italy Electric Hobs Market by Distribution Channel
6.6.2 Italy Electric Hobs Market by Size
6.7 Rest of Europe Electric Hobs Market
6.7.1 Rest of Europe Electric Hobs Market by Distribution Channel
6.7.2 Rest of Europe Electric Hobs Market by Size
Chapter 7. Company Profiles
7.1 Robert Bosch GmbH (BSH Home Appliances Corporation)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.6 SWOT Analysis
7.2 LG Electronics, Inc. (LG Corporation)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional & Segmental Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 Siemens AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Whirlpool Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 Haier Smart Home Co., Ltd. (Haier Group Corporation)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.6 Beko plc (Arçelik A.Ş.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 Cusimax
7.7.1 Company Overview
7.8 SMEG S.p.A.
7.8.1 Company overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 Electrolux AB
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
TABLE 1 Europe Electric Hobs Market, 2018 - 2021, USD Million
TABLE 2 Europe Electric Hobs Market, 2022 - 2028, USD Million
TABLE 3 Europe Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 Europe Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 Europe Specialty Stores Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Specialty Stores Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Supermarket/Hypermarket Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Supermarket/Hypermarket Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe E-commerce Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe E-commerce Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 14 Europe Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 15 Europe 2 Burner Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe 2 Burner Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe 4 Burner Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe 4 Burner Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe 5 Burner Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe 5 Burner Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Electric Hobs Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Electric Hobs Market by Country, 2022 - 2028, USD Million
TABLE 23 Germany Electric Hobs Market, 2018 - 2021, USD Million
TABLE 24 Germany Electric Hobs Market, 2022 - 2028, USD Million
TABLE 25 Germany Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 26 Germany Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 27 Germany Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 28 Germany Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 29 UK Electric Hobs Market, 2018 - 2021, USD Million
TABLE 30 UK Electric Hobs Market, 2022 - 2028, USD Million
TABLE 31 UK Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 32 UK Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 33 UK Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 34 UK Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 35 France Electric Hobs Market, 2018 - 2021, USD Million
TABLE 36 France Electric Hobs Market, 2022 - 2028, USD Million
TABLE 37 France Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 France Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 France Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 40 France Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 41 Russia Electric Hobs Market, 2018 - 2021, USD Million
TABLE 42 Russia Electric Hobs Market, 2022 - 2028, USD Million
TABLE 43 Russia Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 Russia Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 Russia Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 46 Russia Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 47 Spain Electric Hobs Market, 2018 - 2021, USD Million
TABLE 48 Spain Electric Hobs Market, 2022 - 2028, USD Million
TABLE 49 Spain Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 50 Spain Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 51 Spain Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 52 Spain Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 53 Italy Electric Hobs Market, 2018 - 2021, USD Million
TABLE 54 Italy Electric Hobs Market, 2022 - 2028, USD Million
TABLE 55 Italy Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 56 Italy Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 57 Italy Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 58 Italy Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 59 Rest of Europe Electric Hobs Market, 2018 - 2021, USD Million
TABLE 60 Rest of Europe Electric Hobs Market, 2022 - 2028, USD Million
TABLE 61 Rest of Europe Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Rest of Europe Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Rest of Europe Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 64 Rest of Europe Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 65 key information – Robert Bosch GmbH
TABLE 66 Key information – LG Electronics, Inc.
TABLE 67 Key Information – Siemens AG
TABLE 68 Key information – Whirlpool Corporation
TABLE 69 key information – Haier Smart Home Co., Ltd.
TABLE 70 Key Information – Beko plc
TABLE 71 Key Information – Cusimax
TABLE 72 Key Information – SMEG S.p.A.
TABLE 73 Key Information – Electrolux AB
List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2021
FIG 3 Swot analysis: Robert bosch gmbh
FIG 4 Swot analysis: LG Corporation
FIG 5 Swot analysis: Siemens AG
FIG 6 SWOT ANALYSIS: whirlpool corporation