Global Power Hobs Market 2022-2027
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Global Power Hobs Market 2022-2027

Last Updated:  Apr 25, 2025 | Study Period: 2022-2027

GLOBAL POWER HOBS MARKET

 

INTRODUCTION

Cooking on a Power Hobs or induction cooktop is simple, energy-efficient, and safe. It dramatically minimises the likelihood of burns when cooking and other gas stove-related mishaps. 

 

Power Hobs are noted for their energy efficiency and even cooking throughout the utensil, in addition to their safety measures.

 

The only material that heats up while cooking on a Power Hob is the heat pad, which is always in contact with the underside of the utensil. This allows you to store items such as ice, food, clothing, and other items on the stove's side.

 

 An Power Hobs  uses electricity to function and uniformly cook food in any utensil that is compatible with an Power Hobs .

 

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 Unlike gas stoves, you can simply regulate the cooking duration, the heating pad temperature, and choose from a variety of pre-programmed cooking programmes. 

 

Gas burners raise the temperature in the kitchen, which can be uncomfortable for the chef, especially on hot summer days.

 

GLOBAL POWER HOBS MARKETSIZE AND FORECAST

 

TheGlobal Power Hobs Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.

 

 

GLOBAL POWER HOBS NEW PRODUCT LAUNCH

The Philips Viva Collection is a contemporary stove that can withstand a load of up to 8 kg, including cookware. It gives the user the option of selecting from a variety of power and heat settings, ranging from keeping food warm to cooking it.

 

Pigeon is equipped with advanced safety features and technologies to prevent short circuits. The time and temperature are displayed clearly and accurately using 7 segment LEDs. 

 

The stove's top plate is extremely tough and can endure high temperatures. Once the food is ready, the stove also has an auto-off option.

 

Elica launches a new range of classic and pro series hobs in the market. It tailors its unique selling point with international designs which enlightens the Indian twist of the product. The wow factor is that it enhances durability and proper maintenance. To ensure durability and usage, the range utilizes heavy-duty brass burners and cast iron pan supports. The main characteristic of this classic and pro series of hobs is that it is a flame failure safety device. This hassle-free day-to-day maintenance device is perfect for energy saving. This product with different burner configurations and blueprints offers multitasking and efficiency in cooking.

 

COMPANY PROFILE

  1. Siemens 
  2. prestige
  3. Philips
  4. Pigeon
  5. Butterfly

 

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. What is the average cost perPower Hobsright now and how will it change in next 5-6 years? 
  2. Average cost to set up aPower Hobs in US, Europe and China?
  3. How manyPower Hobsare manufactured per annum globally? Who are the sub-component suppliers in different regions?
  4. What is happening in the overall public, globally? 
  5. Cost breakup of aPower Hobsand key vendor selection criteria
  6. Where is thePower Hobs manufactured? What is the average margin per equipment?
  7. Market share ofGlobal Power Hobs Marketmanufacturers and their upcoming products
  8. The most important plannedPower Hobs in next 2 years
  9. Details on network of major Power Hobs and pricing plans
  10. Cost advantage for OEMs who manufacturePower Hobsin-house
  11. 5 key predictions for next 5 years inPower Hobs 
  12. Average B-2-BPower Hobs price in all segments
  13. Latest trends inPower Hobs, by every market segment
  14. The market size (both volume and value) ofGlobal Power Hobs Marketin 2022-2027 and every year in between?
  15. Global production breakup ofPower Hobs, by suppliers and their OEM relationship
Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
18Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
19Market Segmentation, Dynamics and Forecast by Application, 2022-2027
20Market Segmentation, Dynamics and Forecast by End use, 2022-2027
21Product installation rate by OEM, 2022
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2022
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix