Microwave Oven Industry In India

Global microwave oven market is expected to garner 25 4 billion by 2020 registering a cagr of 6 07 during the forecast period 2015 2020. India microwave oven market global opportunity analysis and industry forecast 2017 2025. 2011 market sales 13 8 lac units the world market for microwave ovens is projected to reach 72 5 million units by the year 2015.

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In 2008 survey showed that microwave ovens currently has about 1 billion users the domestic rate of urban households have more than 95.

Microwave oven industry in india.

Discover the latest market trends and uncover sources of future market growth for the microwaves industry in india with research from euromonitor s team of in country analysts. Published by statista research department jan 1 2014 this statistic shows the size of the microwave oven market in india between 2007 and 2016. It is anticipated to expand at a cagr of 2 8 over the forecast period. Microwave ovens today form an integral part of kitchen appliances.

The demand for microwave oven from non house hold sector will also increase with increase in number of hotels restaurants and also with increasing use of fast foods and ready to eat food. The global microwave oven market size was valued at usd 10 67 billion in 2016. We have tested over 18 different ovens and combined our research with customer reviews from all over india. Microwave ovens are finding some pretty interesting uses in india these days.

If you re planning to get best microwave oven convection micro ovens are right choice. Ltd sharp corporation lg electronics inc electrolux ab and alto shaam inc among others. Microwave oven functions on thermal energy by heating the polar molecules in food a process also known as dialectic heating. 25000 industry leaders already read it everyday.

Some of the most important players in the microwave oven market are illinois tool works inc guangdong galanz enterprises co. The microwave market was worth just over 247. Keeping both these sector in view the demand for microwave oven is estimated to increase at the rate of 30 percent per annum in next five years. The production of microwave oven in 2006 2007 was 6 75 lac units.

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