Global Induction Hobs Market to grow at a CAGR of 6.98% during the period 2016-2020. "The Report Global Induction Hobs Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. MarketResearchReports.biz" Description Global Induction Hobs Market 2016-2020 About Induction Hobs Induction cooktops, also known as induction hobs, are more versatile and allow quick and controlled heating when compared with traditional gas cooktops. Induction cooktops utilize electrical induction technology. The appliance uses a magnetic field to move the molecules in utensils, thereby generating heat. While an induction hob heats the cookware, the glass top and the air surrounding the vessel do not get heated up. This feature makes an induction cooktop a safer and more energy-efficient option than a gas cooktop. Technavios analysts forecast the Global Induction Hobs Market to grow at a CAGR of 6.98% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global induction hobs market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of induction hobs to both residential and commercial sectors. The market is divided into the following segments based on geography: Americas APAC Europe MEA Download Detail Report With Complete TOC at: http://www.marketresearchreports.biz/sample/sample/840970 Technavio's report, Global Induction Hobs Market 2016-2020, has been prepared based on an indepth 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 Bosch Electrolux Haier Electronics Group LG Electronics Panasonic Whirlpool Other prominent vendors Arelik Gorenje Gree Electric Appliances Groupe SEB Hisense Group Kenmore Middleby Corporation Midea Group Miele Koninklijke Philips SHARP SMEG Market driver Home improvement, kitchen design, and styling projects encouraging purchase of built-in formats For a full, detailed list, view our report Market challenge Competition from other cooking appliances like gas and electric cooktops For a full, detailed list, view our report Market trend Government emphasis on energy-efficient appliances For a full, detailed list, view our report Key questions answered in this report What will the market size be in 2020 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? Browse all latest Press Releases of Market Research Reports at: http://www.marketresearchreports.biz/pressreleases About us MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research
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