Global Electrical Cooktops And Free-Standing Ranges Market Is Expected To Reach USD 13433.86 Million By 2024 – iCrowdNewswire
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Oct 12, 2019 5:00 PM ET

Global Electrical Cooktops And Free-Standing Ranges Market Is Expected To Reach USD 13433.86 Million By 2024


Global Electrical Cooktops And Free-Standing Ranges Market Is Expected To Reach USD 13433.86 Million By 2024

iCrowd Newswire - Oct 12, 2019

Global Info Research offers a latest published report on Electrical Cooktops and Free-standing Ranges Market Analysis and Forecast 2019-2024 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 158 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.

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https://www.globalinforesearch.com/global-electrical-cooktops-and-free-standing-ranges-market_p107680.html

 

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Electrical Cooktops is a flat piece of equipment for cooking that is built into a kitchen countertop and that usually has four devices (called burners) that become hot when turned on.

 

A freestanding range is installed in approximately 90% of US kitchens. They are exactly as described: freestanding as in unattached to any walls or cabinetry. This range has the lowest cost and greatest selection of any option and is the easiest to clean under and around as they can be pulled out and away from the wall. Their sides are finished as they are unattached to cabinetry so they can be placed anywhere in the kitchen where this is a gas or electrical hookup.

 

The global electrical cooktops and free-standing ranges market is expected to reach USD 13433.86 million by 2024, growing at a CAGR of more than 5.47% from 9047.94 million in 2018; the actual global sales are about 10.45 million units in 2018. The electrical cooktops and free-standing ranges market is concentrated market; key players include GE Appliances (Haier), Whirlpool, Electrolux, Sears, Samsung, Gorenje, Bosch Household Appliances, LG Electronics, Viking Range, Sharp, Wolf Appliance (Sub-Zero, Inc), Summit Appliance; the revenue of top ten manufacturers accounts about 85% of the total revenue in 2018. The high-end products mainly come from Europe and United States.

 

Electrical Cooktops is a flat piece of equipment for cooking that is built into a kitchen countertop and that usually has four devices (called burners) that become hot when turned on; In 2018, electrical cooktops market reach to 965.42 million USD, and glass-ceramic cooktops dominated the market, with about 86% share.

 

Freestanding range is installed in approximately 90% of US kitchens. They are exactly as described: freestanding as in unattached to any walls or cabinetry. This range has the lowest cost and greatest selection of any option and is the easiest to clean under and around as they can be pulled out and away from the wall. In 2018, Freestanding range reach to about 8082.52 million USD, and will keep fast growing in the next few years.

 

Global Info Research analysis of the electrical cooktops and free-standing ranges market indicated that Europe and North America would account for the highest consumption in 2024 as a result of advanced life level and mature market, but Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, India and are working towards penetrating this market by strengthening their sales and distribution networks.

For More Information On This Report, Please Visit @

https://www.globalinforesearch.com/global-electrical-cooktops-and-free-standing-ranges-market_p107680.html

 

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