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Global Built-in Microwave Oven Market 2016-2020

Market outlook of the global built-in microwave oven market

Technavio’s market research analyst predicts the global built-in microwave oven market to grow at a healthy CAGR of 7% during the forecast period. The consumers’ increasing interest towards kitchen remodeling and renovation is a significant growth-promoting factor in this market during the forecast period.

The recent change in kitchen design and trends is the key driver for the growth of this market. With the increase in disposable income, consumers are investing more on renovating their kitchen. This change in the consumers’ preference is expected to force vendors to add new streamlined appliances to their portfolio, which in turn will result in market growth.

Geographical segmentation and analysis of the built-in microwave oven market

  • North America
  • Europe
  • APAC
ROW

Technavio market research analysts estimate the North American region to account for a market share of nearly 42% by 2020. This region currently dominates the market and is envisaged to retain its dominating hold over the market due to the augmented investments made by consumers towards kitchen remodeling and renovations, which will improve the aesthetic appeal of their residences.

Competitive landscape and key vendors

In the global market for built-in microwaves, competition among the leading companies is intense. However, due to increasing consumer expenditure on electric kitchen appliances, especially built-in home appliances, the market is expected to grow rapidly during the forecast year. The vendors’ potential to thrive in this market is high, provided they offer products that are competitively priced.

The key vendors in this market are -
  • Bosch
  • Electrolux
  • GE
  • LG
  • Whirlpool
Other prominent vendors analyzed in this market study are Arcelik, Galanz, Gorenge, Miele, and Panasonic.

Key questions answered in the report include
  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global built-in microwave oven market?
  • What are the key market trends impacting the growth of the built-in microwave oven market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the vendors in the global built-in microwave oven market?
  • What are the trending factors influencing the market shares of North America, Europe, APAC, and ROW?
  • What are the key outcomes of the five forces analysis of the global built-in microwave oven?
Technavio also offers customization on reports based on specific client requirement.

Related reports:
  • Global Vacuum Ovens Market 2015-2019
  • Connected Home Appliance Market in the US 2015-2019
  • Connected Home Appliance Market in the US 2015-2019


Press Release

Technavio Announces the Publication of its Research Report – Global In-built Microwave Oven Market 2016-2020
Technavio recognizes the following companies as the key players in the Global In-built Microwave Oven Market: Bosch, Electrolux, GE, LG and Whirlpool
Other Prominent Vendors in the market are: Arcelik, Galanz, Gorenge, Miele, and Panasonic.
Commenting on the report, an analyst from Technavio’s team said: “Organized retail stores like hypermarkets and specialty electronic stores have streamlined the supply chain processes and increased the prevalence of premium quality and branded products in the market.”
According to the report, the change in consumer preferences has caused vendors to add new streamlined appliances to their portfolio that will fulfill the needs of consumers. The built-in appliances market is burgeoning because of these trends. This has also affected the appliance vendors that have introduced built-in microwave ovens in their product offerings.
Further, the report states that high maintenance and installation charges hinders the market growth

Companies Mentioned

Bosch, Electrolux, GE, LG, Whirlpool, Arcelik, Galanz, Gorenge, Miele, Panasonic.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Global home appliances market
        • Table Global home appliances market 2015-2020 ($ billions)
        • Table Segment-wise distribution of home appliances 2015
        • Table Expenditure on home appliances in India, US, and UK in 2013 ($ billions)
        • Table Volatility trends in cost of steel
        • Table Sector-wise demand for steel 2015-2020 (million metric tonnes)
    • Global microwave oven market 2015-2020
      • Table Global microwave oven market 2015-2020 ($ billions)
      • Table Market share of built-in and countertop microwave ovens 2015
    • Global built-in microwave oven market 2016-2020
      • Market size and forecast
        • Table Global built-in microwave oven market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global built-in microwave oven market by geographical segmentation 2015-2020
      • Table Global built-in microwave oven market by geographical segmentation 2015-2020 ($ millions)
      • Table Global built-in microwave oven market by geographical segmentation 2015
      • Table Global built-in microwave oven market by geographical segmentation 2020
      • Table Global built-in microwave oven market by geographical segmentation 2015-2020 (%)
    • Built-in microwave oven market in North America
      • Table Built-in microwave oven market in North America 2015-2020 ($ billions)
      • Table Distribution of expenditure on home appliances in US 2015
      • Table Major home appliances market in US 2016-2020 (millions of units)
    • Built-in microwave oven market in Europe
      • Table Built-in microwave oven market in Europe 2015-2020 ($ billions)
      • Table Market share of Eastern and Western Europe in built-in microwave oven market 2015
      • Table Penetration rate of microwave ovens in UK 2011-2014 (%)
    • Built-in microwave oven market in APAC
      • Table Built-in microwave oven market in APAC 2015-2020 ($ billions)
      • Table Average per-capita disposable income in India and China ($) 2012 to 2015
      • Table Distribution channel of home appliances in APAC 2014
      • Table Income group-wise penetration of major appliances in urban China: 2014
      • Table Residential microwave oven market in India ($ millions) 2016-2020
      • Table Distribution of home appliance production in China 2014 (%)
    • Built-in microwave oven market in ROW
      • Table Built-in microwave oven market in ROW 2015-2020 ($ millions)
      • Table Middle-class population in ROW (in millions)
  • Market drivers
    • Table Average energy consumption per use of major home appliances by Bosch 2000 and 2015 (kWh)
    • Table New residential construction market in US 2015-2020 ($ billions)
    • Table Distribution of expenditure on home improvement in US in 2014 (%)
    • Table China home appliances industrial production 2014
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Average installation and repair charges
    • Table Advantages of countertop microwave ovens
    • Table Global countertop microwave oven market 2012-2014 ($ billions)
    • Table Consumer electronics and appliance rental market 2016-2020 ($ billions)
    • Table Global sharing market trends 2014
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Modular kitchen market in India in 2012, 2016, and 2020 ($ billions)
    • Table Percentage of omni-channel shoppers in US 2014
    • Table Growth rate in online search of premium and standard quality ovens in Europe 2011-2015
    • Table Average advertising expenditure of leading appliance companies 2013 ($ millions)
  • Vendor landscape
    • Competitive scenario
    • Market vendor analysis 2014
      • Table Superior features of Bosch built-in ovens
      • Table Strengths of Electrolux
      • Table Strategies used by Whirlpool
      • Table Whirlpool brands as per customer segmentation
    • Other prominent vendors
      • Table Product offerings: Arcelik
      • Table Business segmentation: Arcelik
      • Table Product offerings: Galanz
      • Table Business segmentation: Galanz
      • Table Product offerings: Gorenje
      • Table Business segmentation: Gorenje
      • Table Product offerings: Miele
      • Table Business segmentation: Miele
      • Table Product offerings: Panasonic
      • Table Business segmentation: Panasonic
  • Key vendor analysis
    • Bosch
      • Table Bosch: Business segmentation by revenue 2014
      • Table Bosch: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Bosch: Geographical segmentation by revenue 2014
    • Electrolux
      • Table Electrolux: Business segmentation by revenue 2014
      • Table Electrolux: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Electrolux: Geographical segmentation by revenue 2014
    • GE
      • Table GE: Business segmentation by revenue 2014
      • Table GE: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table GE: Geographical segmentation for appliances and lighting segment by revenue 2014
    • LG
      • Table LG: Business segmentation by revenue 2014
      • Table LG: Geographical segmentation by revenue 2014
    • Whirlpool
      • Table Whirlpool: Business segmentation by revenue 2014
      • Table Whirlpool: Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviation
  • Explore Technavio

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