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Global Microwave Ovens Market Research Report 2024
Synopsis
Microwave oven is a kitchen appliance that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. This induces polar molecules in the food to rotate and produce thermal energy in a process known as dielectric heating. Microwave ovens heat foods quickly and efficiently because excitation is fairly uniform in the outer 25–38 mm (1–1.5 inches) of a homogeneous, high water content food item; food is more evenly heated throughout than generally occurs in other cooking techniques.
The global Microwave Ovens market was valued at US$ 9793 million in 2023 and is anticipated to reach US$ 12180 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
Global Microwave Oven key players include Galanz, Midea, Electrolux, Whirlpool, Panasonic, etc. Global top five manufacturers hold a share about 65%. China is the largest market, with a share about 50%, followed by Europe, with a share about 15 percent. In terms of product, Under 1 Cu.Ft Type is the largest segment, with a share about 60%. And in terms of application, the largest application is Commercial Use, followed by Household Use, etc.
This report aims to provide a comprehensive presentation of the global market for Microwave Ovens, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microwave Ovens.
Report Scope
The Microwave Ovens market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Microwave Ovens market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Microwave Ovens manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Galanz
Midea
Panasonic
SHARP
Whirlpool
Electrolux
Siemens
GE(Haier)
LG
Samsung
Toshiba
Bosch
Breville
Segment by Type
Mechanical Microwave Oven
Smart Microwave Oven
Segment by Application
Commercial
Household
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Microwave Ovens manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Microwave Ovens in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Microwave oven is a kitchen appliance that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. This induces polar molecules in the food to rotate and produce thermal energy in a process known as dielectric heating. Microwave ovens heat foods quickly and efficiently because excitation is fairly uniform in the outer 25–38 mm (1–1.5 inches) of a homogeneous, high water content food item; food is more evenly heated throughout than generally occurs in other cooking techniques.
The global Microwave Ovens market was valued at US$ 9793 million in 2023 and is anticipated to reach US$ 12180 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
Global Microwave Oven key players include Galanz, Midea, Electrolux, Whirlpool, Panasonic, etc. Global top five manufacturers hold a share about 65%. China is the largest market, with a share about 50%, followed by Europe, with a share about 15 percent. In terms of product, Under 1 Cu.Ft Type is the largest segment, with a share about 60%. And in terms of application, the largest application is Commercial Use, followed by Household Use, etc.
This report aims to provide a comprehensive presentation of the global market for Microwave Ovens, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microwave Ovens.
Report Scope
The Microwave Ovens market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Microwave Ovens market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Microwave Ovens manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Galanz
Midea
Panasonic
SHARP
Whirlpool
Electrolux
Siemens
GE(Haier)
LG
Samsung
Toshiba
Bosch
Breville
Segment by Type
Mechanical Microwave Oven
Smart Microwave Oven
Segment by Application
Commercial
Household
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Microwave Ovens manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Microwave Ovens in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index1 Microwave Ovens Market Overview
1.1 Product Overview and Scope of Microwave Ovens
1.2 Microwave Ovens Segment by Type
1.2.1 Global Microwave Ovens Market Value Comparison by Type (2024-2030)
1.2.2 Mechanical Microwave Oven
1.2.3 Smart Microwave Oven
1.3 Microwave Ovens Segment by Application
1.3.1 Global Microwave Ovens Market Value by Application: (2024-2030)
1.3.2 Commercial
1.3.3 Household
1.4 Global Microwave Ovens Market Size Estimates and Forecasts
1.4.1 Global Microwave Ovens Revenue 2019-2030
1.4.2 Global Microwave Ovens Sales 2019-2030
1.4.3 Global Microwave Ovens Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Microwave Ovens Market Competition by Manufacturers
2.1 Global Microwave Ovens Sales Market Share by Manufacturers (2019-2024)
2.2 Global Microwave Ovens Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Microwave Ovens Average Price by Manufacturers (2019-2024)
2.4 Global Microwave Ovens Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Microwave Ovens, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Microwave Ovens, Product Type & Application
2.7 Microwave Ovens Market Competitive Situation and Trends
2.7.1 Microwave Ovens Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Microwave Ovens Players Market Share by Revenue
2.7.3 Global Microwave Ovens Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Microwave Ovens Retrospective Market Scenario by Region
3.1 Global Microwave Ovens Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Microwave Ovens Global Microwave Ovens Sales by Region: 2019-2030
3.2.1 Global Microwave Ovens Sales by Region: 2019-2024
3.2.2 Global Microwave Ovens Sales by Region: 2025-2030
3.3 Global Microwave Ovens Global Microwave Ovens Revenue by Region: 2019-2030
3.3.1 Global Microwave Ovens Revenue by Region: 2019-2024
3.3.2 Global Microwave Ovens Revenue by Region: 2025-2030
3.4 North America Microwave Ovens Market Facts & Figures by Country
3.4.1 North America Microwave Ovens Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Microwave Ovens Sales by Country (2019-2030)
3.4.3 North America Microwave Ovens Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Microwave Ovens Market Facts & Figures by Country
3.5.1 Europe Microwave Ovens Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Microwave Ovens Sales by Country (2019-2030)
3.5.3 Europe Microwave Ovens Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Microwave Ovens Market Facts & Figures by Country
3.6.1 Asia Pacific Microwave Ovens Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Microwave Ovens Sales by Country (2019-2030)
3.6.3 Asia Pacific Microwave Ovens Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Microwave Ovens Market Facts & Figures by Country
3.7.1 Latin America Microwave Ovens Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Microwave Ovens Sales by Country (2019-2030)
3.7.3 Latin America Microwave Ovens Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Microwave Ovens Market Facts & Figures by Country
3.8.1 Middle East and Africa Microwave Ovens Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Microwave Ovens Sales by Country (2019-2030)
3.8.3 Middle East and Africa Microwave Ovens Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Microwave Ovens Sales by Type (2019-2030)
4.1.1 Global Microwave Ovens Sales by Type (2019-2024)
4.1.2 Global Microwave Ovens Sales by Type (2025-2030)
4.1.3 Global Microwave Ovens Sales Market Share by Type (2019-2030)
4.2 Global Microwave Ovens Revenue by Type (2019-2030)
4.2.1 Global Microwave Ovens Revenue by Type (2019-2024)
4.2.2 Global Microwave Ovens Revenue by Type (2025-2030)
4.2.3 Global Microwave Ovens Revenue Market Share by Type (2019-2030)
4.3 Global Microwave Ovens Price by Type (2019-2030)
5 Segment by Application
5.1 Global Microwave Ovens Sales by Application (2019-2030)
5.1.1 Global Microwave Ovens Sales by Application (2019-2024)
5.1.2 Global Microwave Ovens Sales by Application (2025-2030)
5.1.3 Global Microwave Ovens Sales Market Share by Application (2019-2030)
5.2 Global Microwave Ovens Revenue by Application (2019-2030)
5.2.1 Global Microwave Ovens Revenue by Application (2019-2024)
5.2.2 Global Microwave Ovens Revenue by Application (2025-2030)
5.2.3 Global Microwave Ovens Revenue Market Share by Application (2019-2030)
5.3 Global Microwave Ovens Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Galanz
6.1.1 Galanz Corporation Information
6.1.2 Galanz Description and Business Overview
6.1.3 Galanz Microwave Ovens Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Galanz Microwave Ovens Product Portfolio
6.1.5 Galanz Recent Developments/Updates
6.2 Midea
6.2.1 Midea Corporation Information
6.2.2 Midea Description and Business Overview
6.2.3 Midea Microwave Ovens Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Midea Microwave Ovens Product Portfolio
6.2.5 Midea Recent Developments/Updates
6.3 Panasonic
6.3.1 Panasonic Corporation Information
6.3.2 Panasonic Description and Business Overview
6.3.3 Panasonic Microwave Ovens Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Panasonic Microwave Ovens Product Portfolio
6.3.5 Panasonic Recent Developments/Updates
6.4 SHARP
6.4.1 SHARP Corporation Information
6.4.2 SHARP Description and Business Overview
6.4.3 SHARP Microwave Ovens Sales, Revenue and Gross Margin (2019-2024)
6.4.4 SHARP Microwave Ovens Product Portfolio
6.4.5 SHARP Recent Developments/Updates
6.5 Whirlpool
6.5.1 Whirlpool Corporation Information
6.5.2 Whirlpool Description and Business Overview
6.5.3 Whirlpool Microwave Ovens Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Whirlpool Microwave Ovens Product Portfolio
6.5.5 Whirlpool Recent Developments/Updates
6.6 Electrolux
6.6.1 Electrolux Corporation Information
6.6.2 Electrolux Description and Business Overview
6.6.3 Electrolux Microwave Ovens Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Electrolux Microwave Ovens Product Portfolio
6.6.5 Electrolux Recent Developments/Updates
6.7 Siemens
6.6.1 Siemens Corporation Information
6.6.2 Siemens Description and Business Overview
6.6.3 Siemens Microwave Ovens Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Siemens Microwave Ovens Product Portfolio
6.7.5 Siemens Recent Developments/Updates
6.8 GE(Haier)
6.8.1 GE(Haier) Corporation Information
6.8.2 GE(Haier) Description and Business Overview
6.8.3 GE(Haier) Microwave Ovens Sales, Revenue and Gross Margin (2019-2024)
6.8.4 GE(Haier) Microwave Ovens Product Portfolio
6.8.5 GE(Haier) Recent Developments/Updates
6.9 LG
6.9.1 LG Corporation Information
6.9.2 LG Description and Business Overview
6.9.3 LG Microwave Ovens Sales, Revenue and Gross Margin (2019-2024)
6.9.4 LG Microwave Ovens Product Portfolio
6.9.5 LG Recent Developments/Updates
6.10 Samsung
6.10.1 Samsung Corporation Information
6.10.2 Samsung Description and Business Overview
6.10.3 Samsung Microwave Ovens Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Samsung Microwave Ovens Product Portfolio
6.10.5 Samsung Recent Developments/Updates
6.11 Toshiba
6.11.1 Toshiba Corporation Information
6.11.2 Toshiba Microwave Ovens Description and Business Overview
6.11.3 Toshiba Microwave Ovens Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Toshiba Microwave Ovens Product Portfolio
6.11.5 Toshiba Recent Developments/Updates
6.12 Bosch
6.12.1 Bosch Corporation Information
6.12.2 Bosch Microwave Ovens Description and Business Overview
6.12.3 Bosch Microwave Ovens Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Bosch Microwave Ovens Product Portfolio
6.12.5 Bosch Recent Developments/Updates
6.13 Breville
6.13.1 Breville Corporation Information
6.13.2 Breville Microwave Ovens Description and Business Overview
6.13.3 Breville Microwave Ovens Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Breville Microwave Ovens Product Portfolio
6.13.5 Breville Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Microwave Ovens Industry Chain Analysis
7.2 Microwave Ovens Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Microwave Ovens Production Mode & Process
7.4 Microwave Ovens Sales and Marketing
7.4.1 Microwave Ovens Sales Channels
7.4.2 Microwave Ovens Distributors
7.5 Microwave Ovens Customers
8 Microwave Ovens Market Dynamics
8.1 Microwave Ovens Industry Trends
8.2 Microwave Ovens Market Drivers
8.3 Microwave Ovens Market Challenges
8.4 Microwave Ovens Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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