Nov 30, 2017   SOURCE: BusinessWire

Global Residential Induction Hobs Market - Analysis, Trends & Forecasts to 2021 - Research and Markets

The "Global Residential Induction Hobs Market 2017-2021" report has been added to Research and Markets' offering.

The analysts forecast the global residential induction hobs market to grow at a CAGR of 6.30% during the period 2017-2021.

The report, Global Residential Induction Hobs Market 2017-2021, has been prepared based on an in-depth 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.

One trend in the market is increased focus on multiple features and aesthetics. The similarity of products is a problem that many vendors face. To overcome this challenge, the players are focusing on introducing innovative products that have multiple features and aesthetically appealing. Manufacturers are launching induction cooktops of distinct colors, styles, and attractive designs.

According to the report, one driver in the market is technology innovation and product line extension. Induction hobs are more highly priced than other cooktops that operate on gas and electricity. This is due to the introduction of technologically advanced cooking appliance. Smart connectivity in cooking appliances such as ranges, cooktops, ovens, and others is one of the latest technologies incorporated in induction hobs. For instance, new induction hobs can be easily connected to smartphones or tablets using wireless technology such as Wi-Fi and Bluetooth, which can send alerts and control and monitor the induction hob from anywhere in the house.

Key vendors

  • Electrolux
  • Haier
  • Panasonic
  • Robert Bosch
  • Whirlpool

Other prominent vendors

  • Foxconn Electronics
  • Groupe SEB
  • Koninklijke Philips
  • LG Electronics
  • Others

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Distribution Channel

Part 07: Market Segmentation By Product

Part 08: Regional Landscape

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/vs2pp4/global