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Global Microwave Oven 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 Oven market was valued at US$ 9793 million in 2023 and is anticipated to reach US$ 13470 million by 2030, witnessing a CAGR of 4.6% 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 Oven, 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 Oven.
Report Scope
The Microwave Oven 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 Oven 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 Oven 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
Electrolux
Whirlpool
Panasonic
Samsung
Daewoo
BSH Home Appliances
SHARP
LG
Brandt
GE (Haier)
Candy
Moulinex
Breville
Segment by Type
Under 1 Cu. Ft Type
1 to 1.9 Cu. Ft Type
Over 2 Cu.ft Type
Segment by Application
Household Use
Commercial Use
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 Oven manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Microwave Oven 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 Oven market was valued at US$ 9793 million in 2023 and is anticipated to reach US$ 13470 million by 2030, witnessing a CAGR of 4.6% 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 Oven, 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 Oven.
Report Scope
The Microwave Oven 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 Oven 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 Oven 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
Electrolux
Whirlpool
Panasonic
Samsung
Daewoo
BSH Home Appliances
SHARP
LG
Brandt
GE (Haier)
Candy
Moulinex
Breville
Segment by Type
Under 1 Cu. Ft Type
1 to 1.9 Cu. Ft Type
Over 2 Cu.ft Type
Segment by Application
Household Use
Commercial Use
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 Oven manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Microwave Oven 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 Oven Market Overview
1.1 Product Overview and Scope of Microwave Oven
1.2 Microwave Oven Segment by Type
1.2.1 Global Microwave Oven Market Value Comparison by Type (2024-2030)
1.2.2 Under 1 Cu. Ft Type
1.2.3 1 to 1.9 Cu. Ft Type
1.2.4 Over 2 Cu.ft Type
1.3 Microwave Oven Segment by Application
1.3.1 Global Microwave Oven Market Value by Application: (2024-2030)
1.3.2 Household Use
1.3.3 Commercial Use
1.4 Global Microwave Oven Market Size Estimates and Forecasts
1.4.1 Global Microwave Oven Revenue 2019-2030
1.4.2 Global Microwave Oven Sales 2019-2030
1.4.3 Global Microwave Oven Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Microwave Oven Market Competition by Manufacturers
2.1 Global Microwave Oven Sales Market Share by Manufacturers (2019-2024)
2.2 Global Microwave Oven Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Microwave Oven Average Price by Manufacturers (2019-2024)
2.4 Global Microwave Oven Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Microwave Oven, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Microwave Oven, Product Type & Application
2.7 Microwave Oven Market Competitive Situation and Trends
2.7.1 Microwave Oven Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Microwave Oven Players Market Share by Revenue
2.7.3 Global Microwave Oven Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Microwave Oven Retrospective Market Scenario by Region
3.1 Global Microwave Oven Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Microwave Oven Global Microwave Oven Sales by Region: 2019-2030
3.2.1 Global Microwave Oven Sales by Region: 2019-2024
3.2.2 Global Microwave Oven Sales by Region: 2025-2030
3.3 Global Microwave Oven Global Microwave Oven Revenue by Region: 2019-2030
3.3.1 Global Microwave Oven Revenue by Region: 2019-2024
3.3.2 Global Microwave Oven Revenue by Region: 2025-2030
3.4 North America Microwave Oven Market Facts & Figures by Country
3.4.1 North America Microwave Oven Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Microwave Oven Sales by Country (2019-2030)
3.4.3 North America Microwave Oven Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Microwave Oven Market Facts & Figures by Country
3.5.1 Europe Microwave Oven Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Microwave Oven Sales by Country (2019-2030)
3.5.3 Europe Microwave Oven 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 Oven Market Facts & Figures by Country
3.6.1 Asia Pacific Microwave Oven Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Microwave Oven Sales by Country (2019-2030)
3.6.3 Asia Pacific Microwave Oven 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 Oven Market Facts & Figures by Country
3.7.1 Latin America Microwave Oven Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Microwave Oven Sales by Country (2019-2030)
3.7.3 Latin America Microwave Oven Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Microwave Oven Market Facts & Figures by Country
3.8.1 Middle East and Africa Microwave Oven Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Microwave Oven Sales by Country (2019-2030)
3.8.3 Middle East and Africa Microwave Oven 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 Oven Sales by Type (2019-2030)
4.1.1 Global Microwave Oven Sales by Type (2019-2024)
4.1.2 Global Microwave Oven Sales by Type (2025-2030)
4.1.3 Global Microwave Oven Sales Market Share by Type (2019-2030)
4.2 Global Microwave Oven Revenue by Type (2019-2030)
4.2.1 Global Microwave Oven Revenue by Type (2019-2024)
4.2.2 Global Microwave Oven Revenue by Type (2025-2030)
4.2.3 Global Microwave Oven Revenue Market Share by Type (2019-2030)
4.3 Global Microwave Oven Price by Type (2019-2030)
5 Segment by Application
5.1 Global Microwave Oven Sales by Application (2019-2030)
5.1.1 Global Microwave Oven Sales by Application (2019-2024)
5.1.2 Global Microwave Oven Sales by Application (2025-2030)
5.1.3 Global Microwave Oven Sales Market Share by Application (2019-2030)
5.2 Global Microwave Oven Revenue by Application (2019-2030)
5.2.1 Global Microwave Oven Revenue by Application (2019-2024)
5.2.2 Global Microwave Oven Revenue by Application (2025-2030)
5.2.3 Global Microwave Oven Revenue Market Share by Application (2019-2030)
5.3 Global Microwave Oven 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 Oven Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Galanz Microwave Oven 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 Oven Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Midea Microwave Oven Product Portfolio
6.2.5 Midea Recent Developments/Updates
6.3 Electrolux
6.3.1 Electrolux Corporation Information
6.3.2 Electrolux Description and Business Overview
6.3.3 Electrolux Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Electrolux Microwave Oven Product Portfolio
6.3.5 Electrolux Recent Developments/Updates
6.4 Whirlpool
6.4.1 Whirlpool Corporation Information
6.4.2 Whirlpool Description and Business Overview
6.4.3 Whirlpool Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Whirlpool Microwave Oven Product Portfolio
6.4.5 Whirlpool Recent Developments/Updates
6.5 Panasonic
6.5.1 Panasonic Corporation Information
6.5.2 Panasonic Description and Business Overview
6.5.3 Panasonic Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Panasonic Microwave Oven Product Portfolio
6.5.5 Panasonic Recent Developments/Updates
6.6 Samsung
6.6.1 Samsung Corporation Information
6.6.2 Samsung Description and Business Overview
6.6.3 Samsung Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Samsung Microwave Oven Product Portfolio
6.6.5 Samsung Recent Developments/Updates
6.7 Daewoo
6.6.1 Daewoo Corporation Information
6.6.2 Daewoo Description and Business Overview
6.6.3 Daewoo Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Daewoo Microwave Oven Product Portfolio
6.7.5 Daewoo Recent Developments/Updates
6.8 BSH Home Appliances
6.8.1 BSH Home Appliances Corporation Information
6.8.2 BSH Home Appliances Description and Business Overview
6.8.3 BSH Home Appliances Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
6.8.4 BSH Home Appliances Microwave Oven Product Portfolio
6.8.5 BSH Home Appliances Recent Developments/Updates
6.9 SHARP
6.9.1 SHARP Corporation Information
6.9.2 SHARP Description and Business Overview
6.9.3 SHARP Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
6.9.4 SHARP Microwave Oven Product Portfolio
6.9.5 SHARP Recent Developments/Updates
6.10 LG
6.10.1 LG Corporation Information
6.10.2 LG Description and Business Overview
6.10.3 LG Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
6.10.4 LG Microwave Oven Product Portfolio
6.10.5 LG Recent Developments/Updates
6.11 Brandt
6.11.1 Brandt Corporation Information
6.11.2 Brandt Microwave Oven Description and Business Overview
6.11.3 Brandt Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Brandt Microwave Oven Product Portfolio
6.11.5 Brandt Recent Developments/Updates
6.12 GE (Haier)
6.12.1 GE (Haier) Corporation Information
6.12.2 GE (Haier) Microwave Oven Description and Business Overview
6.12.3 GE (Haier) Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
6.12.4 GE (Haier) Microwave Oven Product Portfolio
6.12.5 GE (Haier) Recent Developments/Updates
6.13 Candy
6.13.1 Candy Corporation Information
6.13.2 Candy Microwave Oven Description and Business Overview
6.13.3 Candy Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Candy Microwave Oven Product Portfolio
6.13.5 Candy Recent Developments/Updates
6.14 Moulinex
6.14.1 Moulinex Corporation Information
6.14.2 Moulinex Microwave Oven Description and Business Overview
6.14.3 Moulinex Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Moulinex Microwave Oven Product Portfolio
6.14.5 Moulinex Recent Developments/Updates
6.15 Breville
6.15.1 Breville Corporation Information
6.15.2 Breville Microwave Oven Description and Business Overview
6.15.3 Breville Microwave Oven Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Breville Microwave Oven Product Portfolio
6.15.5 Breville Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Microwave Oven Industry Chain Analysis
7.2 Microwave Oven Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Microwave Oven Production Mode & Process
7.4 Microwave Oven Sales and Marketing
7.4.1 Microwave Oven Sales Channels
7.4.2 Microwave Oven Distributors
7.5 Microwave Oven Customers
8 Microwave Oven Market Dynamics
8.1 Microwave Oven Industry Trends
8.2 Microwave Oven Market Drivers
8.3 Microwave Oven Market Challenges
8.4 Microwave Oven 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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