Global Built-in Microwave Oven Market 2016-2020
| Published: Dec 2015 | Pages: 90 | SKU: IRTNTR7970 |
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?
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Table of Contents
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Global home appliances market
- Global microwave oven market 2015-2020
- Global built-in microwave oven market 2016-2020
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by application
- Global built-in microwave oven market by geographical segmentation 2015-2020
- Built-in microwave oven market in North America
- Built-in microwave oven market in Europe
- Built-in microwave oven market in APAC
- Built-in microwave oven market in ROW
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
- Competitive scenario
- Market vendor analysis 2014
- Other prominent vendors
PART 13: Key vendor analysis
- Bosch
- Electrolux
- GE
- LG
- Whirlpool
PART 14: Appendix
- List of abbreviation
PART 15: Explore Technavio
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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