Global Microwave Ovens Market to Reach 72.5 Million Units by 2015, According to New Report by Global Industry Analysts, Inc.

Share Article

GIA announces the release of a comprehensive global report on Microwave Ovens market. The world market for microwave ovens is projected to reach 72.5 million units by the year 2015. This is primarily driven by the replacement demand, niche product developments and revamped old product lines, across the developed markets of North America and Western Europe, and rising income level and living standards influencing growth across developing markets of Asia Pacific and Eastern Europe.

Microwave Ovens: A Global Strategic Business report

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.

For more details about this comprehensive market research report, please visit -

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.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site


Share article on social media or email:

View article via:

Pdf Print

Contact Author

Public Relations
Visit website