Toll Free: 1-888-928-9744

Residential Hobs Market Size, Share & Trends Analysis Report By Size (2 Burner, 3 Burner, 4 Burner, 5 Burner), By Product Type (Induction, Gas, Mix), By Region, And Segment Forecasts, 2019 - 2025

Published: Jun, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global residential hobs market size is expected to reach USD 19.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.2% over the forecast period. Rising disposable income, increasing number of young consumer groups, and growing awareness about the energy efficiency of the product are the prominent factors for the growth of the market.

The 4 burner hob size dominated the market in 2018, accounting for 43.0% share of the global revenue. It is expected to emerge as the fastest growing segment in the forecast period. Need for more burners for cooking is high in developing countries such as India and China, wherein the families are large. Trend of having a number of cuisines in the meal is also one of the prominent factors for the growth of the market. Increasing number of young working groups who have less time to cook is propelling the demand for this particular segment of the product.

The induction product type dominated the market in 2018 and accounted for more than 40.0% share of the overall revenue. Countries such as Canada and U.S are the leading users of household electricity, wherein the usage of electric based cooktops for cooking is high as they are energy and cost efficient. Price of LPG is increasing continuously in countries such as India and China, which, in turn, is compelling the consumers to shift towards alternative options for cooking.

North America was the dominant regional market in 2018, accounting for 30.0% share of the overall revenue. Countries such as Canada and U.S are the leading contributors to the regional market growth as they witness high technological advancement and product innovation by the manufacturers. Asia Pacific is the fastest growing market, expanding at a CAGR of 8.7% in the forecast period. Increasing LPG price and awareness about the benefits of the product are driving the market in the region.

Further key finding from the study suggest:

• By product type, induction held the largest share of above 40.0% in terms of revenue

• 4 burner hob is the most preferred size and it accounted for 43.0% share of the overall revenue in 2018

• Asia Pacific is the fastest growing region, expanding at a CAGR of 8.7% due to growing disposable income and awareness about the benefits of the product.
 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Market Segmentation & Scope
                    1.2. Market Definition
                    1.3. Information Procurement
                        1.3.1. Purchased Database
                        1.3.2. GVR's Internal Database
                        1.3.3. Secondary Sources & Third-Party Perspectives
                        1.3.4. Primary Research
                    1.4. Information Analysis 
                        1.4.1. Data Analysis Models
                    1.5. Market Formulation & Data Visualization
                    1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segmental Outlook
                    2.3. Competitive Insights

Chapter 3. Residential Hobs Market Variables, Trends & Scope
                    3.1. Market Introduction
                    3.2. Penetration & Growth Prospect Mapping
                    3.3. Industry Value Chain Analysis
                        3.3.1. Sales/Retail Channel Analysis
                        3.3.2. Profit Margin Analysis
                    3.4. Market Dynamics
                        3.4.1. Market Driver Analysis
                        3.4.2. Market Restraint Analysis
                        3.4.3. Industry Challenges
                        3.4.4. Industry Opportunities
                    3.5. Business Environment Analysis
                        3.5.1. Industry Analysis - Porter's
                            3.5.1.1. Supplier Power
                            3.5.1.2. Buyer Power
                            3.5.1.3. Substitution Threat
                            3.5.1.4. Threat from New Entrant 
                            3.5.1.5. Competitive Rivalry
                    3.6. Roadmap of Residential Hobs Market
                    3.7. Market Entry Strategies 

Chapter 4. Consumer Behavior Analysis
                    4.1. Consumer Trends and Preferences
                    4.2. Factors Affecting Buying Decision 
                    4.3. Consumer Product Adoption 
                    4.4. Observations & Recommendations

Chapter 5. Residential Hobs Market: Product Type Estimates & Trend Analysis
                    5.1. Product Type Movement Analysis & Market Share, 2018 & 2025
                    5.2. Induction
                        5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                    5.3. Gas
                        5.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                    5.4. Mix
                        5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 6. Residential Hobs Market: Size Estimates & Trend Analysis
                    6.1. Size Movement Analysis & Market Share, 2018 & 2025
                    6.2. 2 Burner
                        6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                    6.3. 3 Burner
                        6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                    6.4. 4 Burner
                        6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                    6.5. 5 Burner
                        6.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Chapter 7. Residential Hobs Market: Regional Estimates & Trend Analysis
                    7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                    7.2. North America
                        7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                        7.2.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                        7.2.3. Market estimates and forecast, by Size, 2015 - 2025 (USD Billion)
                        7.2.4. U.S.
                            7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.2.4.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                            7.2.4.3. Market estimates and forecast, by Size, 2015 - 2025 (USD Billion)
                        7.2.5. Canada
                            7.2.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.2.5.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                            7.2.5.3. Market estimates and forecast, by Size, 2015 - 2025 (USD Billion)
                    7.3. Europe
                        7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                        7.3.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                        7.3.3. Market estimates and forecast, by Size, 2015 - 2025 (USD Billion)
                        7.3.4. Germany
                            7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.3.4.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                            7.3.4.3. Market estimates and forecast, by Size, 2015 - 2025 (USD Billion)
                        7.3.5. U.K.
                            7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.3.5.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                            7.3.5.3. Market estimates and forecast, by Size, 2015 - 2025 (USD Billion)
                    7.4. Asia Pacific
                        7.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                        7.4.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                        7.4.3. Market estimates and forecast, by Size, 2015 - 2025 (USD Billion)
                        7.4.4. China 
                            7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.4.4.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                            7.4.4.3. Market estimates and forecast, by Size, 2015 - 2025 (USD Billion)
                        7.4.5. India
                            7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.4.5.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                            7.4.5.3. Market estimates and forecast, by Size, 2015 - 2025 (USD Billion)
                    7.5. Central & South America
                            7.5.1.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.5.1.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                            7.5.1.3. Market estimates and forecast, by Size, 2015 - 2025 (USD Billion)
                        7.5.2. Brazil
                            7.5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.5.2.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                            7.5.2.3. Market estimates and forecast, by Size, 2015 - 2025 (USD Billion)
                    7.6. Middle East & Africa (MEA)
                        7.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                        7.6.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                        7.6.3. Market estimates and forecast, by Size, 2015 - 2025 (USD Billion)
                        7.6.4. South Africa
                            7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                            7.6.4.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                            7.6.4.3. Market estimates and forecast, by Size, 2015 - 2025 (USD Billion)

Chapter 8. Competitive Analysis
                    8.1. Key global players, recent developments & their impact on the industry
                    8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                    8.3. Vendor Landscape
                       8.3.1. Key company market share analysis, 2018

Chapter 9. Company Profiles
                    9.1. Electrolux AB
                        9.1.1. Company Overview
                        9.1.2. Financial Performance
                        9.1.3. Product Benchmarking
                        9.1.4. Strategic Initiatives
                    9.2. Elica
                        9.2.1. Company Overview
                        9.2.2. Financial Performance
                        9.2.3. Product Benchmarking
                        9.2.4. Strategic Initiatives
                    9.3. Whirlpool
                        9.3.1. Company Overview
                        9.3.2. Financial Performance
                        9.3.3. Product Benchmarking
                        9.3.4. Strategic Initiatives
                    9.4. LG Electronics
                        9.4.1. Company Overview
                        9.4.2. Financial Performance
                        9.4.3. Product Benchmarking
                        9.4.4. Strategic Initiatives
                    9.5. Bertazzoni
                        9.5.1. Company Overview
                        9.5.2. Financial Performance
                        9.5.3. Product Benchmarking
                        9.5.4. Strategic Initiatives
                    9.6. Bosch Limited
                        9.6.1. Company Overview
                        9.6.2. Financial Performance
                        9.6.3. Product Benchmarking
                        9.6.4. Strategic Initiatives
                    9.7. Faber
                        9.7.1. Company Overview
                        9.7.2. Financial Performance
                        9.7.3. Product Benchmarking
                        9.7.4. Strategic Initiatives
                    9.8. ROBAM Appliance Pvt. Ltd.
                        9.8.1. Company Overview
                        9.8.2. Financial Performance
                        9.8.3. Product Benchmarking
                        9.8.4. Strategic Initiatives
                    9.9. Glen India
                        9.9.1. Company Overview
                        9.9.2. Financial Performance
                        9.9.3. Product Benchmarking
                        9.9.4. Strategic Initiatives
                    9.10. KAFF
                        9.10.1. Company Overview
                        9.10.2. Financial Performance
                        9.10.3. Product Benchmarking
                        9.10.4. Strategic Initiatives
List of Tables

TABLE 1 Residential Hobs - Market driver analysis
TABLE 2 Residential Hobs market restraint analysis
TABLE 3 Residential Hobs market estimates and forecasts in product type, 2015 - 2025 (USD Billion)
TABLE 4 Residential Hobs market estimates and forecasts in size, 2015 - 2025 (USD Billion)
TABLE 5 North America Residential Hobs market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 6 North America Residential Hobs market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 7 North America Residential Hobs market revenue, by size, 2015 - 2025 (USD Billion)
TABLE 8 U.S. Residential Hobs market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 9 U.S. Residential Hobs market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 10 U.S. Residential Hobs market revenue, by size, 2015 - 2025 (USD Billion)
TABLE 11 Canada Residential Hobs market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 12 Canada Residential Hobs market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 13 Canada Residential Hobs market revenue, by size, 2015 - 2025 (USD Billion)
TABLE 14 Europe Residential Hobs market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 15 Europe Residential Hobs market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 16 Europe Residential Hobs market revenue, by size, 2015 - 2025 (USD Billion)
TABLE 17 Germany Residential Hobs market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 18 Germany Residential Hobs market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 19 Germany Residential Hobs market revenue, by size, 2015 - 2025 (USD Billion)
TABLE 20 U.K. Residential Hobs market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 21 U.K. Residential Hobs market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 22 U.K. Residential Hobs market revenue, by size, 2015 - 2025 (USD Billion)
TABLE 23 Asia Pacific Residential Hobs market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 24 Asia Pacific Residential Hobs market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 25 Asia Pacific Residential Hobs market revenue, by size, 2015 - 2025 (USD Billion)
TABLE 26 China Residential Hobs market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 27 China Residential Hobs market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 28 China Residential Hobs market revenue, by size, 2015 - 2025 (USD Billion)
TABLE 29 India Residential Hobs market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 30 India Residential Hobs market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 31 India Residential Hobs market revenue, by size, 2015 - 2025 (USD Billion)
TABLE 32 CSA Residential Hobs market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 33 CSA Residential Hobs market revenue, by size, 2015 - 2025 (USD Billion)
TABLE 34 Brazil Residential Hobs market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 35 Brazil Residential Hobs market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 36 Brazil Residential Hobs market revenue, by size, 2015 - 2025 (USD Billion)
TABLE 37 MEA Residential Hobs market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 38 MEA Residential Hobs market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 39 MEA Residential Hobs market revenue, by size, 2015 - 2025 (USD Billion)
TABLE 40 South Africa Residential Hobs market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 41 South Africa Residential Hobs market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 42 South Africa Residential Hobs market revenue, by size, 2015 - 2025 (USD Billion) 


List of Figures

FIG. 1 Residential Hobs market segmentation & scope
FIG. 2 Residential Hobs market key opportunities prioritized
FIG. 3 Value chain analysis residential Hobs 
FIG. 4 Residential Hobs market dynamics
FIG. 5 Residential Hobs market Porter's analysis
FIG. 6 Residential Hobs market: Application movement analysis
FIG. 7 Regional market place: Key takeaways
FIG. 8 Residential Hobs market: Regional movement analysis
FIG. 9 Strategy framework

To request a free sample copy of this report, please complete the form below.

We never share your personal data. Privacy policy
Interested in this report? Get your FREE sample now! Get a Free Sample
Choose License Type
Single User - US $2450
Multi User - US $5450
Hexareeasearch Know

Did you know?

Research Assistance

Phone: 1-415-349-0054

Toll Free: 1-888-928-9744

Email: [email protected]

Why to buy from us

Custom research service

Speak to the report author to design an exclusive study to serve your research needs.

Quality assurance

A testimonial for service excellence represented in the form of BBB "A" Accreditation.

Information security

Your personal and confidential information is safe and secure.

verify