Residential Hobs Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Induction, Gas, Mix), By Size (2 Burner, 3 Burner, 4 Burner, 5 Burner), By Region, Competition, 2019-2029F

Industry : Consumer Goods and Retail
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Published Date : NA

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Report Description

Forecast Period	2025-2029
Market Size (2023)	USD 13.2 Billion
CAGR (2024-2029)	5.9%
Fastest Growing Segment	Mix
Largest Market	North America
Market Size (2029)	USD 18.6 Billion

Market Overview

Global Residential Hobs Market Market was valued at USD 13.2 Billion in 2023 and is expected to reach USD 18.6 Billion by 2029 with a CAGR of 5.9% during the forecast period. The sector is being propelled by factors such as increased spending power, westernization, higher per capita income, and continuous product innovation by market players. Manufacturers are driving the industry forward by introducing new products that align with the rapid advancements in technology. Moreover, the trend towards smaller households has led to the development of more efficient and compact items. The market is also being driven by the rise of smart homes, with induction hobs gaining popularity due to their energy efficiency and integration with technologies like the Internet of Things. Technological advancements play a crucial role in driving demand for the product. Despite their higher price compared to other cooktops, induction hobs are witnessing increased demand as consumers become more aware of their energy efficiency benefits. Features like wireless connectivity enable users to control these hobs from anywhere in the house using smartphones, further enhancing their appeal. However, the high price of induction hobs may deter some consumers, especially those from the lower economic strata. To address this, manufacturers are investing heavily in research and development to expand their product offerings and offer more affordable options. This strategy aims to tap into the demand from budget-conscious consumers and drive overall market growth. Household appliance purchases are particularly high in affluent countries due to increasing digital exposure, and social media influence.

Key Market Drivers

Technological Innovations and Advancements

One of the primary drivers steering the residential hobs market towards growth is the relentless pace of technological innovations and advancements. The kitchen landscape, including hobs, has witnessed a transformative journey with the infusion of cutting-edge technologies. Induction cooking, touch-sensitive controls, and smart connectivity features are just a few examples of how technology has elevated the performance and user experience of residential hobs.

Induction hobs, for instance, have gained immense popularity due to their precision in temperature control, rapid heating capabilities, and energy efficiency. Unlike traditional gas or electric hobs, induction technology utilizes magnetic fields to heat the cookware directly, reducing heat loss and energy consumption. Consumers are increasingly drawn to these advanced features, not only for the improved cooking experience but also for the environmental and economic benefits they bring.

As manufacturers continue to push the boundaries of innovation, incorporating features such as intelligent cooking algorithms, automated settings, and even integration with smart home ecosystems, the residential hobs market is poised to capitalize on the tech-savvy consumer demographic seeking convenience and efficiency in their kitchen appliances.

Changing Consumer Lifestyles

The evolution of consumer lifestyles has emerged as a pivotal force driving the growth of the residential hobs market. With societal shifts towards faster-paced living, consumers are increasingly seeking kitchen appliances that align with their hectic schedules while enhancing the overall culinary experience. Residential hobs, as fundamental components of kitchens, play a crucial role in meeting these evolving demands.

Quick heating capabilities, intuitive controls, and easy-to-clean surfaces have become essential features as consumers prioritize efficiency in their daily cooking routines. The growing trend of home cooking and entertaining has further heightened the demand for hobs that not only deliver on performance but also contribute to the aesthetics of kitchen spaces. As a result, manufacturers are focusing on designing hobs that seamlessly integrate into modern lifestyles, offering both functionality and style to cater to the diverse needs of consumers.

Focus on Energy Efficiency

The global emphasis on sustainable living and energy conservation has significantly influenced the residential hobs market. Consumers are becoming increasingly environmentally conscious, prompting a shift towards energy-efficient appliances. Induction hobs, characterized by their energy efficiency, have emerged as a preferred choice for environmentally aware consumers.

Induction technology's ability to directly heat the cookware without dissipating heat into the surroundings results in reduced energy consumption and shorter cooking times. This aligns with the broader trend towards eco-friendly living, making energy-efficient hobs not only a conscious choice but also a practical one for those looking to reduce their environmental footprint. Manufacturers, recognizing this growing demand, are investing in research and development to enhance the energy efficiency of their hobs, further propelling the market's growth.

Aesthetic Appeal and Kitchen Design Trends

In addition to functionality, the visual appeal of residential hobs has become a pivotal driver in consumer choices. The kitchen has transformed from a purely utilitarian space to a focal point of the home, influencing design trends and aesthetics. Sleek, minimalist designs, premium finishes, and innovative layouts are now essential considerations for consumers when selecting kitchen appliances, including hobs.

Manufacturers are responding to this shift by offering a diverse range of design options, materials, and finishes for residential hobs. The integration of hobs into kitchen islands and open-concept layouts has further elevated their importance in shaping the overall ambiance of the kitchen. Consumers are not only looking for high-performance appliances but also for those that contribute to the visual harmony of their living spaces. As a result, the market is witnessing a convergence of functionality and design, where residential hobs serve as both utilitarian tools and aesthetic elements.

Rising Urbanization and Apartment Living

Global trends toward urbanization and the increasing prevalence of apartment living have had a profound impact on the residential hobs market. In urban settings, where living spaces are often constrained, there is a growing demand for compact and space-saving kitchen appliances, and hobs are no exception. Manufacturers have responded by developing hobs that are not only efficient but also designed to fit seamlessly into limited kitchen spaces.

Compact and modular hobs, tailored for urban dwellings, are gaining traction. These hobs are characterized by their space-efficient designs, easy installation, and safety features, making them well-suited for apartment kitchens. The market's response to the needs of urban consumers has fueled growth, with manufacturers recognizing the importance of creating products that align with the spatial constraints and lifestyle preferences of those living in densely populated areas.

Smart Home Integration

The rise of smart home technologies has permeated the realm of kitchen appliances, and residential hobs are no exception. Smart hobs, equipped with connectivity features, allow users to control and monitor cooking processes remotely through mobile applications. This level of convenience appeals to the growing segment of tech-savvy consumers who prioritize connected living.

Integration with voice assistants, compatibility with smart home ecosystems, and features such as remote diagnostics and software updates contribute to the appeal of smart hobs. The ability to control and monitor cooking from a distance not only adds convenience but also aligns with the broader trend of connected homes. As smart home adoption continues to rise, the residential hobs market stands to benefit from the integration of intelligent technologies that enhance user control and overall kitchen management.

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Key Market Challenges

Intense Competition and Market Saturation

One of the primary challenges in the residential hobs market is the intense competition among manufacturers and the resulting market saturation. With a multitude of brands offering a wide range of hobs, from traditional gas and electric hobs to the more advanced induction and smart hobs, consumers are spoilt for choice. The saturation has led to aggressive pricing strategies and a constant race for innovation to capture consumer attention.

Manufacturers must grapple with the need to differentiate their products in a market flooded with options. This challenge is compounded by the fact that many consumers view hobs as durable goods, meaning they don't need frequent replacement. As a result, customer loyalty becomes crucial, and gaining a competitive edge requires a delicate balance between innovation, pricing, and effective marketing strategies.

Consumer Resistance to Technological Shifts

While technological advancements drive growth, they also pose a challenge in the form of consumer resistance to change. The adoption of new technologies such as induction hobs and smart features may face resistance from consumers accustomed to traditional gas or electric hobs. Some consumers may find the learning curve associated with new technologies daunting or may be hesitant due to perceived higher costs.

Manufacturers must invest in educating consumers about the benefits of newer technologies, addressing concerns about safety, and demonstrating the long-term cost savings associated with energy-efficient hobs. Bridging this gap between consumer preferences and technological innovation is crucial for the sustainable growth of the residential hobs market.

Affordability and Price Sensitivity

Affordability remains a critical challenge in the residential hobs market, especially when introducing advanced technologies. While there is a growing demand for features like induction cooking and smart connectivity, these often come at a higher price point. Price sensitivity among consumers, particularly in a competitive market, can act as a barrier to the widespread adoption of innovative hobs.

Manufacturers face the challenge of balancing the incorporation of advanced features with maintaining competitive pricing. Strategies such as cost-effective production processes, economies of scale, and targeted marketing efforts to communicate the long-term benefits of higher-priced hobs are essential to address the affordability challenge and broaden the market reach.

Complex Installation Requirements

The installation of residential hobs, especially newer technologies like induction hobs, can pose a significant challenge. Unlike traditional gas hobs that require a gas connection or electric hobs that need a dedicated electrical circuit, induction hobs may need specialized wiring and the use of compatible cookware. This complexity can result in higher installation costs and may deter some consumers from adopting these technologies.

Manufacturers need to address this challenge by providing clear installation guidelines, offering support services, and developing hobs with user-friendly installation features. Simplifying the installation process can enhance consumer confidence in adopting newer technologies and contribute to the overall market growth.

Environmental Concerns and Sustainability

As environmental awareness grows, the residential hobs market faces challenges related to sustainability. Traditional gas hobs contribute to carbon emissions, while electric hobs, depending on the energy source, may have varying environmental impacts. While induction hobs are considered more energy-efficient, their production involves the use of rare earth metals, raising concerns about resource depletion and environmental impact.

Manufacturers are compelled to address these concerns by adopting sustainable practices in production, exploring eco-friendly materials, and developing end-of-life recycling programs. Navigating the delicate balance between energy efficiency, resource conservation, and consumer expectations is crucial for the industry to align with evolving environmental standards and consumer preferences.

Key Market Trends

Rise of Smart Hobs and Connectivity

A transformative trend in the residential hobs market is the integration of smart technologies and connectivity features. Smart hobs are equipped with sensors, touch controls, and connectivity options that allow users to control and monitor cooking processes remotely through mobile applications. This level of convenience resonates with the tech-savvy consumer demographic, contributing to the growing popularity of smart kitchen appliances.

These smart hobs often feature compatibility with virtual assistants, enabling hands-free control through voice commands. The connectivity trend extends beyond mere convenience, offering functionalities such as recipe suggestions, cooking tips, and even remote diagnostics. As smart home ecosystems continue to expand, the integration of hobs into connected environments is likely to become a standard feature, ushering in a new era of intelligent and interconnected kitchens.

Dominance of Induction Technology

Induction technology has emerged as a dominant force in the residential hobs market, revolutionizing the cooking experience. Induction hobs use magnetic fields to directly heat the cookware, providing precise temperature control, rapid heating, and energy efficiency. As consumers increasingly prioritize energy-conscious living, induction hobs have gained traction for their ability to reduce energy consumption and cooking times.

The induction trend aligns with broader environmental considerations and the desire for sustainable living. Manufacturers are responding with a diverse range of induction hobs, incorporating advanced features such as flex zones, bridge elements, and intuitive touch controls. The dominance of induction technology is expected to continue, with ongoing innovations aimed at enhancing performance, user experience, and design aesthetics.

Shift Towards Multi-Zone and Flexible Cooking Surfaces

An emerging trend in the residential hobs market is the shift towards multi-zone and flexible cooking surfaces. Traditional hobs typically have fixed burners or heating elements, limiting the flexibility of cooking arrangements. In response, manufacturers are introducing hobs with versatile cooking zones that can accommodate various cookware sizes and shapes.

Flex zones and bridge elements allow users to merge or split cooking surfaces, providing flexibility for large pots, griddles, or multiple small pans. This trend caters to the diverse cooking styles and preferences of consumers, enabling them to optimize the use of space and customize their cooking experience. The move towards adaptable cooking surfaces reflects an understanding of the evolving dynamics in kitchen layouts and user demands for versatility.

Sleek Designs and Premium Finishes

Aesthetic considerations play a pivotal role in shaping the residential hobs market, with consumers placing a premium on sleek designs and high-quality finishes. Kitchens are no longer just functional spaces; they are showcases of style and sophistication. Manufacturers are responding to this trend by offering hobs with minimalist designs, premium materials, and finishes that complement modern kitchen aesthetics.

Glass-ceramic surfaces, stainless steel detailing, and frameless designs are becoming increasingly popular, contributing to a seamless integration of hobs into contemporary kitchen layouts. The emphasis on aesthetics extends beyond functionality, with consumers seeking appliances that not only perform well but also enhance the overall visual appeal of their cooking spaces.

Segmental Insights

Type Insights

In terms of product segmentation, the market is divided into induction, gas, and hybrid (mix) hobs. The induction segment currently dominates the market share and is projected to grow significantly in the forecast period, particularly in regions like North America and Europe, with the United States and Canada leading the adoption of induction hobs. The hybrid (mix) segment is expected to witness the fastest compound annual growth rate, driven by demand from regions like Asia Pacific and the Middle East and Africa (MEA). Rising costs of LPG fuel in these regions are prompting consumers to switch to electricity-based cooking methods, driving demand for electric hobs.

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Regional Insights

In 2023, North America accounted for the largest revenue share, with significant growth anticipated in the forecast period. The United States is the primary contributor to the region's market growth. Meanwhile, Asia Pacific is expected to emerge as the fastest-growing regional market, driven by increasing awareness of induction hobs, rising disposable income, and a large consumer base. The escalating cost of cooking fuel is also compelling consumers to transition towards energy-efficient electric hobs.

Recent Developments

In 2023 - Electrolux has broadened its selection of appliances by introducing its built-in appliance series in India. This new lineup encompasses ovens, hobs and cooker hoods, dishwashers, and coffee machines. According to the company, these kitchen appliances feature a contemporary design characterized by a luxurious appearance.
In 2024 - Haier India commemorates its 20th anniversary by introducing a fresh lineup of home appliances. This expansion is geared towards appealing to both Indian consumers and businesses, with a specific emphasis on manufacturing in Pune and Greater Noida. The company's vision, "More Creation, More Possibilities," underscores its commitment to facilitating efficient and convenient living. Haier India reports a workforce of over 35,000 employees in the country and serves a customer base exceeding 25 million.

Key Market Players

Electrolux AB
Panasonic Corporation
Whirlpool Corporation
LG Electronics Inc.
Koninklijke Philips N.V.
Robert Bosch GmbH
Faber SpA
Hangzhou Robam Appliances Co.,Ltd.
Glen Dimplex Europe Holdings Limited
KAFF Appliances (India) Private Limited

By Type	By Size	By Region
Induction Gas Mix	2 Burner 3 Burner 4 Burner 5 Burner	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Residential Hobs Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Residential Hobs Market, By Type:

o Induction

o Gas

o Mix

Residential Hobs Market, By Size:

o 2 Burner

o 3 Burner

o 4 Burner

o 5 Burner

Residential Hobs Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

o Asia-Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Turkey

§ Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Residential Hobs Market.

Available Customizations:

Residential Hobs market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Residential Hobs Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Product Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Voice of Customer

4.1. Brand Awareness

4.2. Factors Influencing Purchase Decisions

4.3. Challenges Faced

5. Global Residential Hobs Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Type Market Share Analysis (Induction, Gas, Mix)

5.2.2. By Size Market Share Analysis (2 Burner, 3 Burner, 4 Burner, 5 Burner)

5.2.3. By Regional Market Share Analysis

5.2.3.1. North America Market Share Analysis

5.2.3.2. South America Market Share Analysis

5.2.3.3. Middle East & Africa Market Share Analysis

5.2.3.4. Europe Market Share Analysis

5.2.3.5. Asia-Pacific Market Share Analysis

5.2.4. By Top 5 Companies Market Share Analysis, Others (2023)

5.3. Global Residential Hobs Market Mapping & Opportunity Assessment

5.3.1. By Type Market Mapping & Opportunity Assessment

5.3.2. By Size Market Mapping & Opportunity Assessment

5.3.3. By Region Channel Market Mapping & Opportunity Assessment

6. North America Residential Hobs Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type Market Share Analysis

6.2.2. By Size Market Share Analysis

6.2.3. By Country Market Share Analysis

6.3. North America: Country Analysis

6.3.1. United States Residential Hobs Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Type Market Share Analysis

6.3.1.2.2. By Size Market Share Analysis

6.3.2. Canada Residential Hobs Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Type Market Share Analysis

6.3.2.2.2. By Size Market Share Analysis

6.3.3. Mexico Residential Hobs Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Type Market Share Analysis

6.3.3.2.2. By Size Market Share Analysis

7. Europe Residential Hobs Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type Market Share Analysis

7.2.2. By Size Market Share Analysis

7.2.3. By Country Market Share Analysis

7.3. Europe : Country Analysis

7.3.1. Germany Residential Hobs Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Type Market Share Analysis

7.3.1.2.2. By Size Market Share Analysis

7.3.2. United Kingdom Residential Hobs Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Type Market Share Analysis

7.3.2.2.2. By Size Market Share Analysis

7.3.3. Italy Residential Hobs Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Type Market Share Analysis

7.3.3.2.2. By Size Market Share Analysis

7.3.4. France Residential Hobs Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Type Market Share Analysis

7.3.4.2.2. By Size Market Share Analysis

7.3.5. Spain Residential Hobs Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Type Market Share Analysis

7.3.5.2.2. By Size Market Share Analysis

8. Asia-Pacific Residential Hobs Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type Market Share Analysis

8.2.2. By Size Market Share Analysis

8.2.3. By Country Market Share Analysis

8.3. Asia-Pacific: Country Analysis

8.3.1. China Residential Hobs Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Type Market Share Analysis

8.3.1.2.2. By Size Market Share Analysis

8.3.2. India Residential Hobs Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Type Market Share Analysis

8.3.2.2.2. By Size Market Share Analysis

8.3.3. Japan Residential Hobs Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Type Market Share Analysis

8.3.3.2.2. By Size Market Share Analysis

8.3.4. South Korea Residential Hobs Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Type Market Share Analysis

8.3.4.2.2. By Size Market Share Analysis

8.3.5. Australia Residential Hobs Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Type Market Share Analysis

8.3.5.2.2. By Size Market Share Analysis

9. South America Residential Hobs Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type Market Share Analysis

9.2.2. By Size Market Share Analysis

9.2.3. By Country Market Share Analysis

9.3. South America: Country Analysis

9.3.1. Brazil Residential Hobs Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Type Market Share Analysis

9.3.1.2.2. By Size Market Share Analysis

9.3.2. Argentina Residential Hobs Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Type Market Share Analysis

9.3.2.2.2. By Size Market Share Analysis

9.3.3. Colombia Residential Hobs Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Type Market Share Analysis

9.3.3.2.2. By Size Market Share Analysis

10. Middle East and Africa Residential Hobs Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Type Market Share Analysis

10.2.2. By Size Market Share Analysis

10.2.3. By Country Market Share Analysis

10.3. MEA: Country Analysis

10.3.1. South Africa Residential Hobs Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Type Market Share Analysis

10.3.1.2.2. By Size Market Share Analysis

10.3.2. Saudi Arabia Residential Hobs Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Type Market Share Analysis

10.3.2.2.2. By Size Market Share Analysis

10.3.3. UAE Residential Hobs Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Type Market Share Analysis

10.3.3.2.2. By Size Market Share Analysis

10.3.4. Turkey Residential Hobs Market Outlook

10.3.4.1. Market Size & Forecast

10.3.4.1.1. By Value

10.3.4.2. Market Share & Forecast

10.3.4.2.1. By Type Market Share Analysis

10.3.4.2.2. By Size Market Share Analysis

10.3.5. Egypt Residential Hobs Market Outlook

10.3.5.1. Market Size & Forecast

10.3.5.1.1. By Value

10.3.5.2. Market Share & Forecast

10.3.5.2.1. By Type Market Share Analysis

10.3.5.2.2. By Size Market Share Analysis

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

13. SWOT Analysis

13.1. Strength

13.2. Weakness

13.3. Opportunity

13.4. Threat

14. Competitive Landscape

14.1. Company Profiles

14.1.1. Electrolux AB

14.1.1.1. Company Details

14.1.1.2. Products & Services

14.1.1.3. Financials (As Per Availability)

14.1.1.4. Key Market Focus & Geographical Presence

14.1.1.5. Recent Developments

14.1.1.6. Key Management Personnel

14.1.2. Panasonic Corporation

14.1.2.1. Company Details

14.1.2.2. Products & Services

14.1.2.3. Financials (As Per Availability)

14.1.2.4. Key Market Focus & Geographical Presence

14.1.2.5. Recent Developments

14.1.2.6. Key Management Personnel

14.1.3. Whirlpool Corporation

14.1.3.1. Company Details

14.1.3.2. Products & Services

14.1.3.3. Financials (As Per Availability)

14.1.3.4. Key Market Focus & Geographical Presence

14.1.3.5. Recent Developments

14.1.3.6. Key Management Personnel

14.1.4. LG Electronics Inc.

14.1.4.1. Company Details

14.1.4.2. Products & Services

14.1.4.3. Financials (As Per Availability)

14.1.4.4. Key Market Focus & Geographical Presence

14.1.4.5. Recent Developments

14.1.4.6. Key Management Personnel

14.1.5. Koninklijke Philips N.V.

14.1.5.1. Company Details

14.1.5.2. Products & Services

14.1.5.3. Financials (As Per Availability)

14.1.5.4. Key Market Focus & Geographical Presence

14.1.5.5. Recent Developments

14.1.5.6. Key Management Personnel

14.1.6. Robert Bosch GmbH

14.1.6.1. Company Details

14.1.6.2. Products & Services

14.1.6.3. Financials (As Per Availability)

14.1.6.4. Key Market Focus & Geographical Presence

14.1.6.5. Recent Developments

14.1.6.6. Key Management Personnel

14.1.7. Faber SpA

14.1.7.1. Company Details

14.1.7.2. Products & Services

14.1.7.3. Financials (As Per Availability)

14.1.7.4. Key Market Focus & Geographical Presence

14.1.7.5. Recent Developments

14.1.7.6. Key Management Personnel

14.1.8. Hangzhou Robam Appliances Co.,Ltd.

14.1.8.1. Company Details

14.1.8.2. Products & Services

14.1.8.3. Financials (As Per Availability)

14.1.8.4. Key Market Focus & Geographical Presence

14.1.8.5. Recent Developments

14.1.8.6. Key Management Personnel

14.1.9. Glen Dimplex Europe Holdings Limited

14.1.9.1. Company Details

14.1.9.2. Products & Services

14.1.9.3. Financials (As Per Availability)

14.1.9.4. Key Market Focus & Geographical Presence

14.1.9.5. Recent Developments

14.1.9.6. Key Management Personnel

14.1.10. KAFF Appliances (India) Private Limited

14.1.10.1. Company Details

14.1.10.2. Products & Services

14.1.10.3. Financials (As Per Availability)

14.1.10.4. Key Market Focus & Geographical Presence

14.1.10.5. Recent Developments

14.1.10.6. Key Management Personnel

15. Strategic Recommendations

15.1. Key Focus Areas

15.2. Target Type

15.3. Target Size

16. About Us & Disclaimer

Figures and Tables

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Account Manager BD

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Press Release

Residential Hobs Market to Grow with a CAGR of 5.9% through 2029

Nov, 2024

Increasing number of smart homes, the growing residential construction sector, and the rising disposable income of consumers are factors driving the global residential hobs market in the forecast per

Summary

Report Description

Table of content

Figures and Tables

Frequently asked questions

What was the market size of the Global Residential Hobs Market in 2023?

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