Microwave Ovens: A Global Strategic Business report
San Jose, California (PRWEB) March 23, 2010
Once widely acknowledged as a luxury gadget, the microwave oven is now an indispensable part of a well-furnished modern kitchen. Encouraged by numerous technological advancements, this unique cooking apparatus has come a long way from its initial gigantic, unwieldy and cumbersome build and design. The sleek, suave and sophisticated modern day microwave ovens have filtered into the kitchen of an average consumer. A decrease in costs coupled with a gradual dissipation of myths shrouding the use of microwaves such as radiation poisoning and sterility, has additionally powered the growing acceptance of microwave ovens the world over.
Europe and Asia Pacific dominate the global microwave ovens market as stated by the new market research report on microwave ovens market. China is the largest and the fastest growing market across Asia Pacific, with an estimated market share of over 37% in the year 2009. Expectations of high income and a sense of modern civilization based on consumerism are expected to uphold demand for new generation products in the Chinese market.
Key players profiled in the report include Alto-Shaam, Inc., Bakers Pride Oven Co. Inc., Bonnet International, Frigidaire, GE Appliances, Hoover Limited, Kenwood Limited, LG Electronics, Inc., Manitowoc Foodservice, Maytag Corporation, Panasonic Corporation, Samsung Electronics Co Ltd, Sharp Corporation, and Vulcan-Hart, among others.
The report titled "Microwave Ovens: A Global Strategic Business report" announced by Global Industry Analysts, Inc., provides a comprehensive review of industry overview, product overview, product introductions/innovations, profiles of major players, and recent industry activity. The report analyzes market data and analytics in terms of volume sales for the regions including the US, Canada, Japan, Europe, Asia-Pacific, Middle East/Africa, and Latin America.
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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