February 10, 2021

Microwave Ovens Market Demand 2020-2026

Microwave Ovens Market size is projected to reach $28.9 billion units by 2025 from an estimated $25.4 billion unit in 2019, growing at a CAGR of 6.7% globally.

A microwave oven is an electric oven that heats food by exposing it to electromagnetic radiation in the microwave frequency range. The microwaves are absorbed by water, fats, sugars, and certain other molecules, whose consequent vibrations produce heat.

Increased consumption of convenience foods and changing lifestyles of peoples are positively affecting the growth of the Microwave Ovens Market.

Microwave Ovens is in high demand due to various function and methods of cooking food through these appliances

A rise in the population is likely to fuel the demand for microwave ovens. Key market players are making innovative products such as auto programs and easy control panels to enhance their usability and fulfill consumer demands.

Best Microwave Ovens Companies in the market are :

  • Amana
  • Bosch
  • Cuisinart
  • Frigidaire
  • GE
  • Kenmore
  • KitchenAid
  • LG
  • Magic Chef
  • Maytag
  • Oster
  • Panasonic
  • Samsung
  • Sharp
  • Whirlpool

By Type, Microwave Ovens has been segmented into

·         Convection

·         Grill

·         Solo

By Application, Microwave Ovens has been segmented into

·         Commercial

·         Household

Regions and Countries Level Analysis

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

·         Asia-Pacific (China, India, Japan, Southeast Asia etc.)

·         South America (Brazil, Argentina etc.)

·         Middle East & Africa (Saudi Arabia, South Africa etc.)

The market in North America is observing high demand for microwave ovens, due to the rising popularity of modular kitchen designs and the increasing income of the consumers.  Moreover, the number of working women and men is growing in metropolitan cities. That why Microwave Ovens Market is growing