The North America Electric Hobs Market would witness market growth of 4.2% CAGR during the forecast period (2022-2028).
One of the most common types of stovetop cooking is electric. Warming up an electric hob takes a minute or two. The cooking parts of electric hobs are cooking rings or zones, which can be two, four, or six in number. Electric hobs are popular among consumers since they are the most cost-effective of all the possibilities. It is powered by electricity, and sales may suffer as a result of the fact that hobs do not emit heat immediately.
However, other than cooking time, it has little effect on meal quality, thus many people use electric hobs to save money. High internet penetration around the world, as well as an increase in the number of food exhibitions and food blogging, are driving the electric hobs market opportunity. As a result, the use of electric hobs rises. Furthermore, the global population of households is growing at an exponential rate.
Cooking is done with a variety of heat sources, such as gas, wood, and electricity. During cooking in wood or gas can contribute to indoor air pollution. Carbon monoxide, formaldehyde, and other hazardous chemicals released by natural gas and propane burners can be poisonous to humans and pets. Cooking using a wood stove or fireplace can cause a lot of indoor air pollution because of the wood smoke. Cooking, especially at high temperatures, can produce hazardous air pollutants by heating oil, fat, and other food ingredients. The impacts of indoor air pollution are particularly detrimental to young children, asthmatics, and persons with heart or lung illness. The usage of the electric hobs reduces the pollution growth.
Households in the United States require energy to run a variety of devices and gear, but on average, more than half of a household's yearly energy consumption (51 percent in 2015) is spent on just two power end uses space heating and air cooling. Geographic location, housing size and structure, and machinery and fuels used all play a role in these largely seasonal and energy-intensive uses.
The US market dominated the North America Electric Hobs Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $174 Million by 2028. The Canada market is poised to grow a CAGR of 6.6% during (2022 - 2028). Additionally, The Mexico market is exhibiting a CAGR of 5.6% 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 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Electric hobs Market, by Distribution Channel
1.4.2 North America Electric hobs Market, by Size
1.4.3 North America 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 scenario
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. North America Electric Hobs Market by Distribution Channel
4.1 North America Specialty Stores Market by Country
4.2 North America Supermarket/Hypermarket Market by Country
4.3 North America E-commerce Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Electric Hobs Market by Size
5.1 North America 2 Burner Market by Country
5.2 North America 4 Burner Market by Country
5.3 North America 5 Burner Market by Country
Chapter 6. North America Electric Hobs Market by Country
6.1 US Electric Hobs Market
6.1.1 US Electric Hobs Market by Distribution Channel
6.1.2 US Electric Hobs Market by Size
6.2 Canada Electric Hobs Market
6.2.1 Canada Electric Hobs Market by Distribution Channel
6.2.2 Canada Electric Hobs Market by Size
6.3 Mexico Electric Hobs Market
6.3.1 Mexico Electric Hobs Market by Distribution Channel
6.3.2 Mexico Electric Hobs Market by Size
6.4 Rest of North America Electric Hobs Market
6.4.1 Rest of North America Electric Hobs Market by Distribution Channel
6.4.2 Rest of North America 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 North America Electric Hobs Market, 2018 - 2021, USD Million
TABLE 2 North America Electric Hobs Market, 2022 - 2028, USD Million
TABLE 3 North America Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 4 North America Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 5 North America Specialty Stores Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Specialty Stores Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Supermarket/Hypermarket Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Supermarket/Hypermarket Market by Country, 2022 - 2028, USD Million
TABLE 9 North America E-commerce Market by Country, 2018 - 2021, USD Million
TABLE 10 North America E-commerce Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 14 North America Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 15 North America 2 Burner Market by Country, 2018 - 2021, USD Million
TABLE 16 North America 2 Burner Market by Country, 2022 - 2028, USD Million
TABLE 17 North America 4 Burner Market by Country, 2018 - 2021, USD Million
TABLE 18 North America 4 Burner Market by Country, 2022 - 2028, USD Million
TABLE 19 North America 5 Burner Market by Country, 2018 - 2021, USD Million
TABLE 20 North America 5 Burner Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Electric Hobs Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Electric Hobs Market by Country, 2022 - 2028, USD Million
TABLE 23 US Electric Hobs Market, 2018 - 2021, USD Million
TABLE 24 US Electric Hobs Market, 2022 - 2028, USD Million
TABLE 25 US Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 26 US Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 27 US Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 28 US Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 29 Canada Electric Hobs Market, 2018 - 2021, USD Million
TABLE 30 Canada Electric Hobs Market, 2022 - 2028, USD Million
TABLE 31 Canada Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 32 Canada Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 33 Canada Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 34 Canada Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 35 Mexico Electric Hobs Market, 2018 - 2021, USD Million
TABLE 36 Mexico Electric Hobs Market, 2022 - 2028, USD Million
TABLE 37 Mexico Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 Mexico Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 Mexico Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 40 Mexico Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 41 Rest of North America Electric Hobs Market, 2018 - 2021, USD Million
TABLE 42 Rest of North America Electric Hobs Market, 2022 - 2028, USD Million
TABLE 43 Rest of North America Electric Hobs Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 44 Rest of North America Electric Hobs Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 45 Rest of North America Electric Hobs Market by Size, 2018 - 2021, USD Million
TABLE 46 Rest of North America Electric Hobs Market by Size, 2022 - 2028, USD Million
TABLE 47 key information – Robert Bosch GmbH
TABLE 48 Key information – LG Electronics, Inc.
TABLE 49 Key Information – Siemens AG
TABLE 50 Key information – Whirlpool Corporation
TABLE 51 key information – Haier Smart Home Co., Ltd.
TABLE 52 Key Information – Beko plc
TABLE 53 Key Information – Cusimax
TABLE 54 Key Information – SMEG S.p.A.
TABLE 55 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