Global Induction Cooktop Supply, Demand and Key Producers, 2026-2032

The global Induction Cooktop market size is expected to reach $ 7265 million by 2032, rising at a market growth of 2.5% CAGR during the forecast period (2026-2032).

Induction Cooktop is a kind cooking equipment using electromagnetism to turn cooking pans into cookers (creating heat energy inside the pan itself, instead of firing it in from outside). Induction cooktop cooks food more quickly and safely with less energy, compared with the traditional gas stove.

Simply, an induction cooktop is an electromagnet. Inside the glass cooktop, there"s an electronically controlled coil of metal. When turn on the power, there will be an alternating current flow through the coil and it produces a fluctuating magnetic field all around it and directly above it, this will produce heat indirectly.

Global Induction Cooktop key players include Midea, SUPOR, Joyoung, etc. Global top three manufacturers hold a share nearly 50%.

China is the largest market, with a share over 70%, followed by Europe, and Asia (Ex China), both have a share over 20 percent.

In terms of product, Touch Screen is the largest segment, with a share about 85%. And in terms of application, the largest application is Home Use, followed by Commercial Use.

This report studies the global Induction Cooktop production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Induction Cooktop and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Induction Cooktop that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Induction Cooktop total production and demand, 2021-2032, (K Units)

Global Induction Cooktop total production value, 2021-2032, (USD Million)

Global Induction Cooktop production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)

Global Induction Cooktop consumption by region & country, CAGR, 2021-2032 & (K Units)

U.S. VS China: Induction Cooktop domestic production, consumption, key domestic manufacturers and share

Global Induction Cooktop production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)

Global Induction Cooktop production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

Global Induction Cooktop production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

This report profiles key players in the global Induction Cooktop market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Midea, SUPOR, Joyoung, Philips, POVOS, Galanz, Fusibo, Sunpentown, Panasonic, Haier Group, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Induction Cooktop market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Induction Cooktop Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Induction Cooktop Market, Segmentation by Type:
Touch Screen
Touchtone

Global Induction Cooktop Market, Segmentation by Application:
Home
Commercial

Companies Profiled:
Midea
SUPOR
Joyoung
Philips
POVOS
Galanz
Fusibo
Sunpentown
Panasonic
Haier Group
AB Electrolux
Bosch
Whirlpool
Semikron
Waring
Fisher & Paykel
Smeg
True Induction
Miele
LG Electronics
MENU SYSTEM
Chinducs
Vollrath
UEMW
GE
Qinxin
Summit Appliance
Oude
Sub-Zero Wolf
Jinbaite
Elecpro
Garland
EMI

Key Questions Answered:

1. How big is the global Induction Cooktop market?

2. What is the demand of the global Induction Cooktop market?

3. What is the year over year growth of the global Induction Cooktop market?

4. What is the production and production value of the global Induction Cooktop market?

5. Who are the key producers in the global Induction Cooktop market?

6. What are the growth factors driving the market demand? Show more