The Latin America, Middle East and Africa Electric Hobs Market would witness market growth of 6.5% CAGR during the forecast period (2022-2028).
Rising health consciousness, as well as changes in consumer lifestyles, increased health awareness, and an increase in the trend of preparing food at home, are projected to drive the electrical hobs market forward in the future. In addition, throughout the projection period, the use of cloud kitchens in the food service industry is expected to provide attractive prospects for the electric hobs business.
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. Induction hobs are ideal for anyone searching for a high-quality appliance that will help them save money on their utility bills.
Clean energy is heat and electricity generated from renewable sources such as solar heaters or wind turbines that emit little or no pollution. The majority of electricity in South Africa is derived from non-renewable sources, primarily coal-fired power plants, which emit damaging pollutants such as carbon dioxide into air and waterways.
In South Africa, Power Africa has helped in the development of 3,180 megawatts (MW) of energy-producing installations. In addition, several companies have gotten assistance from the US Embassy to complete transactions. The following page provides an overview of South Africa's energy system, discusses Power Africa's role, and highlights Power Africa's financially concluded deals in the country, some of which are currently operational and providing crucial electricity to South Africans.
The Brazil market dominated the LAMEA Electric Hobs Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $15.3 Million by 2028. The Argentina market would showcase a CAGR of 7.1% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 6.2% during (2022 - 2028).
Based on Size, the market is segmented into 2 Burner, 4 Burner, and 5 Burner. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Electric hobs Market is Predict to reach $816.2 Million by 2028, at a CAGR of 4.6%
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Electric hobs Market, by Distribution Channel
1.4.2 LAMEA Electric hobs Market, by Size
1.4.3 LAMEA 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. LAMEA Electric Hobs Market by Distribution Channel
4.1 LAMEA Specialty Stores Market by Country
4.2 LAMEA Supermarket/Hypermarket Market by Country
4.3 LAMEA E-commerce Market by Country
4.4 LAMEA Others Market by Country
Chapter 5. LAMEA Electric Hobs Market by Size
5.1 LAMEA 2 Burner Market by Country
5.2 LAMEA 4 Burner Market by Country
5.3 LAMEA 5 Burner Market by Country
Chapter 6. LAMEA Electric Hobs Market by Country
6.1 Brazil Electric Hobs Market
6.1.1 Brazil Electric Hobs Market by Distribution Channel
6.1.2 Brazil Electric Hobs Market by Size
6.2 Argentina Electric Hobs Market
6.2.1 Argentina Electric Hobs Market by Distribution Channel
6.2.2 Argentina Electric Hobs Market by Size
6.3 UAE Electric Hobs Market
6.3.1 UAE Electric Hobs Market by Distribution Channel
6.3.2 UAE Electric Hobs Market by Size
6.4 Saudi Arabia Electric Hobs Market
6.4.1 Saudi Arabia Electric Hobs Market by Distribution Channel
6.4.2 Saudi Arabia Electric Hobs Market by Size
6.5 South Africa Electric Hobs Market
6.5.1 South Africa Electric Hobs Market by Distribution Channel
6.5.2 South Africa Electric Hobs Market by Size
6.6 Nigeria Electric Hobs Market
6.6.1 Nigeria Electric Hobs Market by Distribution Channel
6.6.2 Nigeria Electric Hobs Market by Size
6.7 Rest of LAMEA Electric Hobs Market
6.7.1 Rest of LAMEA Electric Hobs Market by Distribution Channel
6.7.2 Rest of LAMEA 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 LAMEA Electric Hobs Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Electric Hobs Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 LAMEA Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 LAMEA Specialty Stores Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Specialty Stores Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Supermarket/Hypermarket Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Supermarket/Hypermarket Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA E-commerce Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA E-commerce Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 14 LAMEA Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 15 LAMEA 2 Burner Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA 2 Burner Market by Country, 2022 - 2028, USD Milliona
TABLE 17 LAMEA 4 Burner Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA 4 Burner Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA 5 Burner Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA 5 Burner Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Electric Hobs Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Electric Hobs Market by Country, 2022 - 2028, USD Million
TABLE 23 Brazil Electric Hobs Market, 2018 - 2021, USD Million
TABLE 24 Brazil Electric Hobs Market, 2022 - 2028, USD Million
TABLE 25 Brazil Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 26 Brazil Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 27 Brazil Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 28 Brazil Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 29 Argentina Electric Hobs Market, 2018 - 2021, USD Million
TABLE 30 Argentina Electric Hobs Market, 2022 - 2028, USD Million
TABLE 31 Argentina Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 32 Argentina Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 33 Argentina Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 34 Argentina Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 35 UAE Electric Hobs Market, 2018 - 2021, USD Million
TABLE 36 UAE Electric Hobs Market, 2022 - 2028, USD Million
TABLE 37 UAE Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 UAE Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 UAE Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 40 UAE Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 41 Saudi Arabia Electric Hobs Market, 2018 - 2021, USD Million
TABLE 42 Saudi Arabia Electric Hobs Market, 2022 - 2028, USD Million
TABLE 43 Saudi Arabia Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 Saudi Arabia Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 Saudi Arabia Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 46 Saudi Arabia Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 47 South Africa Electric Hobs Market, 2018 - 2021, USD Million
TABLE 48 South Africa Electric Hobs Market, 2022 - 2028, USD Million
TABLE 49 South Africa Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 50 South Africa Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 51 South Africa Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 52 South Africa Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 53 Nigeria Electric Hobs Market, 2018 - 2021, USD Million
TABLE 54 Nigeria Electric Hobs Market, 2022 - 2028, USD Million
TABLE 55 Nigeria Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 56 Nigeria Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 57 Nigeria Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 58 Nigeria Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 59 Rest of LAMEA Electric Hobs Market, 2018 - 2021, USD Million
TABLE 60 Rest of LAMEA Electric Hobs Market, 2022 - 2028, USD Million
TABLE 61 Rest of LAMEA Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Rest of LAMEA Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Rest of LAMEA Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 64 Rest of LAMEA 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