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Global Microwave Ovens Market by Type (Convection Microwave Ovens, Grill Microwave Ovens, Solo Microwave Ovens), By Application (Commercial, Household) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CG-395
  • Author: Up Market Research
  • Rating: 4.8
  • Total Reviews: 97
  • No. Of Pages: 233
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  • Pub. Date: 2021-03-01
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The Global Microwave Ovens Market size has witnessed significant growth in recent years and is expected to grow at a CAGR of around 8% over the forecast period. Microwave Ovens are kitchen appliances that release microwaves to heat food. Microwave ovens are an alternative to your kitchen stovetop and provide a fast, energy-efficient cooking solution for heating up leftovers or frozen dinners. Microwave ovens have become an essential appliance in many homes. They are convenient, quick, and easy to use. Microwave ovens are used to heat up food quickly, which is the primary reason for their popularity.


On the basis of Type, the market is segmented into Convection Microwave Oven, Grill Microwave Oven, and Solo Microwave Oven. The Convection oven type accounted for the largest share in 2018; owing to its multiple benefits such as quicker cooking time with less energy consumption when compared to other types of microwave ovens


Convection Microwave Oven:

Convection Microwave ovens are high-end microwaves that use convective heating for cooking food with a fan system that circulates hot air inside the cavity; they have better quality due to their more advanced technology but at a comparatively higher cost. This type of microwave oven has different temperature settings for meat, seafood, and vegetables as well as defrosting features to cook frozen items.


Grill Microwave Oven:

Grill Microwave Oven is an oven with a grill plate in the cooking chamber, can be used to cook meats and vegetables. They are still relatively high priced compared to conventional microwaves due to their additional functionality of grilling meat. However, they have seen an increase in sales as consumers search for healthier alternatives for food preparation.

Grill Microwave Oven is a dishwasher-safe appliance that takes up less space than traditional stovetop units but provides similar functions like convection microwaves and conventional ovens do, making them an attractive choice for home cooks who love variety in their diet as well as occasional convenience foods when time pressures arise.


Solo Microwave Ovens:

Solo Microwave ovens are low-end microwaves that use electromagnetic waves and are suited for cooking smaller quantities of food at a comparatively lower price. They can be used as tabletop microwave ovens or under-cabinet models depending on the need but cannot provide multiple features that a convection microwave offers.


On the basis of Application, the market is segmented into Commercial and Household Markets. The household application has a larger market size than commercial application but it is expected that over the forecast period will witness a stronger growth rate due to increasing population across developing regions such as the Asia Pacific and Middle East & Africa (MEA).

Commercial application dominated this market in 2018 owing to its needs such as quick preparation, high volume production demand, etc.; household applications accounted for the second-largest share due to growing consumer awareness about health benefits associated with their usage; while the catering industry remained a significant contributor to commercial segment because of demands from restaurants around the world.


On the basis of Region, the market is segmented into North America, Latin America, Europe, and the Asia Pacific. North American region has a higher market share owing to the presence of major players in this region with a more advanced technology that can offer better quality products at a lower cost as compared to other regions such as MEA or APAC; however, over the forecast period, it will witness slower growth due to increasing preference for commercial application among households.

Asia-Pacific was the largest regional market during 2018 both on account of its size (by revenue) and relatively high demand for household appliances across developing economies of China and India which have significantly increased their per capita income levels over recent years. Similarly, household consumption expenditure as a percentage of total income has increased sharply over the years and is now higher than any other country surveyed by OECD.


Growth Factors For Global Microwave Ovens Market:


  • Rising incomes and consequent lifestyle changes in developing countries
  • Increasing urbanization has led to an increase in the demand for convenient cooking appliances.
  • Changing lifestyles are leading people to eat out more, which has increased the demand for microwave ovens.
  • Growing awareness about healthy eating habits is also increasing their preference over traditional cooking methods like boiling or frying food.

Up Market Research published a new report titled “Microwave Ovens Market research report which is segmented by Types (Convection Microwave Ovens, Grill Microwave Ovens, Solo Microwave Ovens), By Applications (Commercial, Household), By Players/Companies Amana, Bosch, Cuisinart, Frigidaire, GE, Kenmore, KitchenAid, LG, Magic Chef, Maytag, Oster, Panasonic, Samsung, Sharp, Whirlpool”. 


Report Scope

Report Attributes Report Details
Report Title Microwave Ovens Market Research Report
By Type Convection Microwave Ovens, Grill Microwave Ovens, Solo Microwave Ovens
By Application Commercial, Household
By Companies Amana, Bosch, Cuisinart, Frigidaire, GE, Kenmore, KitchenAid, LG, Magic Chef, Maytag, Oster, Panasonic, Samsung, Sharp, Whirlpool
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 233
Number of Tables & Figures 164
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Microwave Ovens Industry Outlook

Global Microwave Ovens Market Report Segments:

The market is segmented by Type Convection Microwave Ovens, Grill Microwave Ovens, Solo Microwave Ovens and By Application Commercial, Household.


Some of the companies that are profiled in this report are:

  1. Amana
  2. Bosch
  3. Cuisinart
  4. Frigidaire
  5. GE
  6. Kenmore
  7. KitchenAid
  8. LG
  9. Magic Chef
  10. Maytag
  11. Oster
  12. Panasonic
  13. Samsung
  14. Sharp
  15. Whirlpool

Microwave Ovens Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Microwave Ovens Market

Overview of the regional outlook of the Microwave Ovens Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Microwave Ovens Market Overview

Highlights of The Microwave Ovens Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Microwave Ovens Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Convection Microwave Ovens

                2. Grill Microwave Ovens

                3. Solo Microwave Ovens

       7. By Application:

                1. Commercial

                2. Household

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Microwave Ovens Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Microwave Ovens Market Statistics

Reasons to Purchase the Microwave Ovens Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microwave Ovens Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Microwave Ovens Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Microwave Ovens Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Microwave Ovens Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Microwave Ovens Market Size & Forecast, 2018-2028 
      4.5.1 Microwave Ovens Market Size and Y-o-Y Growth 
      4.5.2 Microwave Ovens Market Absolute $ Opportunity 

Chapter 5 Global Microwave Ovens Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Microwave Ovens Market Size Forecast by Type
      5.2.1 Convection Microwave Ovens
      5.2.2 Grill Microwave Ovens
      5.2.3 Solo Microwave Ovens
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Microwave Ovens Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Microwave Ovens Market Size Forecast by Applications
      6.2.1 Commercial
      6.2.2 Household
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Microwave Ovens Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Microwave Ovens Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Microwave Ovens Analysis and Forecast
   9.1 Introduction
   9.2 North America Microwave Ovens Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Microwave Ovens Market Size Forecast by Type
      9.6.1 Convection Microwave Ovens
      9.6.2 Grill Microwave Ovens
      9.6.3 Solo Microwave Ovens
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Microwave Ovens Market Size Forecast by Applications
      9.10.1 Commercial
      9.10.2 Household
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Microwave Ovens Analysis and Forecast
   10.1 Introduction
   10.2 Europe Microwave Ovens Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Microwave Ovens Market Size Forecast by Type
      10.6.1 Convection Microwave Ovens
      10.6.2 Grill Microwave Ovens
      10.6.3 Solo Microwave Ovens
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Microwave Ovens Market Size Forecast by Applications
      10.10.1 Commercial
      10.10.2 Household
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Microwave Ovens Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Microwave Ovens Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Microwave Ovens Market Size Forecast by Type
      11.6.1 Convection Microwave Ovens
      11.6.2 Grill Microwave Ovens
      11.6.3 Solo Microwave Ovens
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Microwave Ovens Market Size Forecast by Applications
      11.10.1 Commercial
      11.10.2 Household
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Microwave Ovens Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Microwave Ovens Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Microwave Ovens Market Size Forecast by Type
      12.6.1 Convection Microwave Ovens
      12.6.2 Grill Microwave Ovens
      12.6.3 Solo Microwave Ovens
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Microwave Ovens Market Size Forecast by Applications
      12.10.1 Commercial
      12.10.2 Household
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Microwave Ovens Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Microwave Ovens Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Microwave Ovens Market Size Forecast by Type
      13.6.1 Convection Microwave Ovens
      13.6.2 Grill Microwave Ovens
      13.6.3 Solo Microwave Ovens
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Microwave Ovens Market Size Forecast by Applications
      13.10.1 Commercial
      13.10.2 Household
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Microwave Ovens Market: Competitive Dashboard
   14.2 Global Microwave Ovens Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Amana
      14.3.2 Bosch
      14.3.3 Cuisinart
      14.3.4 Frigidaire
      14.3.5 GE
      14.3.6 Kenmore
      14.3.7 KitchenAid
      14.3.8 LG
      14.3.9 Magic Chef
      14.3.10 Maytag
      14.3.11 Oster
      14.3.12 Panasonic
      14.3.13 Samsung
      14.3.14 Sharp
      14.3.15 Whirlpool
Segments Covered in the Report
The global Microwave Ovens market has been segmented based on

By Types
  • Convection Microwave Ovens
  • Grill Microwave Ovens
  • Solo Microwave Ovens
By Applications
  • Commercial
  • Household
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Amana
  • Bosch
  • Cuisinart
  • Frigidaire
  • GE
  • Kenmore
  • KitchenAid
  • LG
  • Magic Chef
  • Maytag
  • Oster
  • Panasonic
  • Samsung
  • Sharp
  • Whirlpool

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