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Global Commercial Induction Cooktop Market 2017-2021

Global Commercial Induction Cooktop Market 2017-2021

About Commercial Induction Cooktop

The commercial induction cooktop, also known as commercial induction ranges or commercial induction hobs, is a cooking equipment that uses electricity in combination with induction technology. This includes countertop commercial induction cooktop, drop-in commercial induction cooktop, and floor standing commercial induction cooktop.

Technavio’s analysts forecast the global commercial induction cooktop market to grow at a CAGR of 7.10% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial induction cooktop market for 2017-2021. To calculate the market size, the report considers the sales of new units of the commercial induction cooktops to the end-users.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Commercial Induction Cooktop Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • APW Wyatt
  • CookTek
  • Garland Group
  • The Vollrath Company
  • True Induction
Other prominent vendors
  • Admiral Craft Equipment
  • Buffalo
  • Dipo Induction
  • ELAG products
  • Elecpro
  • Equipex
  • Fisher & Paykel Appliances
  • Globe Food Equipment
  • Hatco
  • Lincat
  • Panasonic
  • Spring USA
Market driver
  • Growing inclination toward energy-efficient cooking process
  • For a full, detailed list, view our report
Market challenge
  • Easy availability and high penetration of gas burners
  • For a full, detailed list, view our report
Market trend
  • Improving compatibility of commercial induction cooktops
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this 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 key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Commercial Induction Cooktop Market 2017-2021

Technavio recognizes the following companies as the key players in the global commercial induction cooktop market: APW Wyatt, CookTek, Garland Group, The Vollrath Company, and True Induction.

Other Prominent Vendors in the market are: Admiral Craft Equipment, Buffalo, Dipo Induction, ELAG products, Elecpro, Equipex, Fisher & Paykel Appliances, Globe Food Equipment, Hatco, Lincat, Panasonic, and Spring USA.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is improving compatibility of commercial induction cooktops. Consumers demand high productivity, substantial energy savings, and better quality when it comes to food cooking. The induction technology provides good safety control options, efficient heat distribution, and temperature controls.”

According to the report, one driver in the market is growing inclination toward energy-efficient cooking process. The energy-efficient commercial induction cooktops offer many benefits to the consumers. Commercial induction cooktops operate on induction technology, which enables energy transfer directly onto the cooking pan. The electric current creates a fluctuating magnetic field, which passes on as heat energy, using which the food is cooked.

Further, the report states that one challenge in the market is easy availability and high penetration of gas burners. The gas burners come with a low investment, and are widely popular. The gas burners already have a good commercial consumer base. There are many suppliers of gas burners with good customer support. There are different kinds of commercial gas burners are available like single-range burners, two-range burners, and three-range burners.

Companies Mentioned

APW Wyatt, CookTek, Garland Group, The Vollrath Company, and True Induction.Other Prominent Vendors in the market are: Admiral Craft Equipment, Buffalo, Dipo Induction, ELAG products, Elecpro, Equipex, Fisher & Paykel Appliances, Globe Food Equipment, Hatco, Lincat, Panasonic, and Spring USA.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Global commercial induction cooktop market in global induction cooktop market 2016
  • Market landscape
    • Market overview
      • Table Global commercial induction cooktop market overview
    • Market size and forecast
      • Table Global commercial induction cooktop market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type of installation
    • Market overview
      • Table Global commercial induction cooktop market by type of installation 2016 (% share of revenue)
      • Table Global commercial induction cooktop marker by types of installation 2021 (% share of revenue)
    • Countertop commercial induction cooktops
      • Table Global market for countertop commercial induction cooktops 2016-2021 ($ millions)
    • Drop-in commercial induction cooktop
      • Table Global market for drop-in commercial induction cooktops 2016-2021 ($ millions)
    • Floor-standing commercial induction cooktops
      • Table Global market for floor-standing commercial induction cooktops 2016-2021 ($ millions)
  • Geographical segmentation
    • Market segmentation by geography
      • Table Global commercial induction cooktop market by geography 2016 (% share of revenue)
      • Table Global commercial induction cooktop market by geography (% share of revenue)
    • Commercial induction cooktop market in EMEA
      • Table Commercial induction cooktop market in EMEA 2016-2021 ($ millions)
    • Commercial induction cooktop market in The Americas
      • Table Commercial induction cooktop market in The Americas 2016-2021 ($ millions)
    • Commercial induction cooktop market in APAC
      • Table Commercial induction cooktop market in APAC 2016-2021 ($ millions)
  • Key leading countries
    • Table Key leading countries: Market share 2016
    • Commercial induction cooktop market in the US
      • Table Commercial induction cooktop market in the US 2016-2021 ($ millions)
    • Commercial induction cooktop market in Canada
      • Table Commercial induction cooktop market in Canada 2016-2021 ($ millions)
    • Commercial induction cooktop market in Germany
      • Table Commercial induction cooktop market in Germany 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Influx of technologically advanced commercial induction cooktops
    • Improving compatibility of commercial induction cooktops
    • Growing popularity for open kitchens
  • Vendor landscape
    • Competitive landscape
      • Table Radar chart analysis: Key vendors
  • Key vendor analysis
    • APW Wyatt
    • CookTek
    • Garland Group
    • The Vollrath Company
    • True Induction
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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