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Writer's picturesiddhesh kapshikar
Dec 8, 20234 min read

Household Electromagnetic Furnace Market, Global Outlook and Forecast 2023-2030

The global Household Electromagnetic Furnace market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


Household induction cooker is a new type of cooker that USES magnetic induction current (also known as eddy current) to heat the kitchen utensils and appliances market.


This report aims to provide a comprehensive presentation of the global market for Household Electromagnetic Furnace, 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 Household Electromagnetic Furnace. This report contains market size and forecasts of Household Electromagnetic Furnace in global, including the following market information:


Global Household Electromagnetic Furnace Market Revenue, 2018-2023, 2024-2030, ($ millions)

Global Household Electromagnetic Furnace Market Sales, 2018-2023, 2024-2030, (K Units)

Global top five Household Electromagnetic Furnace companies in 2022 (%)


The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.

Without Radiation Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Household Electromagnetic Furnace include Midea, SUPOR, Joyoung, Philips, POVOS, Galanz, Fusibo, Sunpentown and Panasonic, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Household Electromagnetic Furnace manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Household Electromagnetic Furnace Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)

Global Household Electromagnetic Furnace Market Segment Percentages, by Type, 2022 (%)


  • Without Radiation

  • With Radiation


Global Household Electromagnetic Furnace Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)

Global Household Electromagnetic Furnace Market Segment Percentages, by Application, 2022 (%)


  • Supermarket

  • Hypermarket

  • Online Shopping Center

  • Store

  • Other


Global Household Electromagnetic Furnace Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)

Global Household Electromagnetic Furnace Market Segment Percentages, By Region and Country, 2022 (%)


  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • Germany

  • France

  • U.K.

  • Italy

  • Russia

  • Nordic Countries

  • Benelux

  • Rest of Europe

  • Asia

  • China

  • Japan

  • South Korea

  • Southeast Asia

  • India

  • Rest of Asia

  • South America

  • Brazil

  • Argentina

  • Rest of South America

  • Middle East & Africa

  • Turkey

  • Israel

  • Saudi Arabia

  • UAE

  • Rest of Middle East & Africa


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Household Electromagnetic Furnace revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Household Electromagnetic Furnace revenues share in global market, 2022 (%)

  • Key companies Household Electromagnetic Furnace sales in global market, 2018-2023 (Estimated), (K Units)

  • Key companies Household Electromagnetic Furnace sales share in global market, 2022 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • Midea

  • SUPOR

  • Joyoung

  • Philips

  • POVOS

  • Galanz

  • Fusibo

  • Sunpentown

  • Panasonic

  • Haier Group

  • AB Electrolux

  • Bosch

  • GE

  • Whirlpool

  • Semikron

  • Waring

  • Fisher & Paykel

  • Smeg

  • True Induction

  • Miele

  • LG Electronics

  • MENU SYSTEM

  • Chinducs

  • Vollrath

  • UEMW

  • Shandong Fushuai

  • Xiaomi

  • Summit Appliance

  • Oude

  • Jinbaite

  • Sub-Zero Wolf

  • Qinxin


Outline of Major Chapters:

Chapter 1: Introduces the definition of Household Electromagnetic Furnace, market overview.

Chapter 2: Global Household Electromagnetic Furnace market size in revenue and volume.

Chapter 3: Detailed analysis of Household Electromagnetic Furnace manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

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: Sales of Household Electromagnetic Furnace 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 of each country in the world.

Chapter 7: 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 8: Global Household Electromagnetic Furnace capacity by region & country.

Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports 1.1 Household Electromagnetic Furnace Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Household Electromagnetic Furnace Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Household Electromagnetic Furnace Overall Market Size 2.1 Global Household Electromagnetic Furnace Market Size: 2022 VS 2030 2.2 Global Household Electromagnetic Furnace Revenue, Prospects & Forecasts: 2018-2030 2.3 Global Household Electromagnetic Furnace Sales: 2018-2030 3 Company Landscape 3.1 Top Household Electromagnetic Furnace Players in Global Market 3.2 Top Global Household Electromagnetic Furnace Companies Ranked by Revenue 3.3 Global Household Electromagnetic Furnace Revenue by Companies 3.4 Global Household Electromagnetic Furnace Sales by Companies 3.5 Global Household Electromagnetic Furnace Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Household Electromagnetic Furnace Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Household Electromagnetic Furnace Product Type 3.8 Tier 1, Tier 2 and Tier 3 Household Electromagnetic Furnace Players in Global Market 3.8.1 List of Global Tie

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