DUBLIN, June 19, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/rpxsmg/global_induction) has announced the addition of the "Global Induction Hobs Market 2014-2018" report to their offering.
Rapid urbanization in emerging economies such as China, Russia, and India has led to changes in consumer lifestyle and living standards, and an increase in disposable income and purchasing power. These factors, along with rising fuel costs and growing environmental concerns, have increased the popularity of induction hobs. Hence, this rapid growth in urbanization is expected to lead to a gradual adoption of induction hobs during the forecast period.
According to the report, the Global Induction Hobs market is driven by several factors, the most important of which is the rise in the number of working women, which has led to an increase in average household disposable income, making household appliances such as induction hobs affordable. Consumers are also attracted by the high level of convenience provided by induction hobs.
Further, the report states that the limited adoption of induction hobs in the Commercial segment is one of the major challenges. Induction hobs are not preferred for commercial cooking primarily because they require the use of magnetic cookware, which may not be as cost-effective as regular cookware. The high initial cost of induction hobs also limits their use in commercial establishments such as in restaurants.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Overview of the Global Household Cooking and Appliances Market
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
- AB Electrolux
- BSH Bosch und Siemens Hausgeräte GmbH
- Haier Electronics Group Co. Ltd.
- Koninklijke Philips NV
- LG Electronics Inc.
- Miele & Cie. KG
- Panasonic Corp.
- Whirlpool Corp.
- Bajaj Electrical Ltd.
- Crompton Greaves Ltd.
- Dongbu Daewoo Electronics Corp.
- Fisher & Paykal Appliances Ltd.
- Glen Appliances Pvt. Ltd.
- Inalsa Appliances Ltd.
- Jaipan Industries Ltd.
- Kenwood Ltd.
- Khaitan Electricals Ltd.
- Morphy Richards Appliances Ltd.
- Preethi Kitchen Appliances Pvt. Ltd.
- Smeg Group SpA
- Sunflame Enterprises Pvt. Ltd.
- TTK Prestige Ltd.
- Usha International Ltd.
- Videocon Industries Ltd.
For more information visit http://www.researchandmarkets.com/research/rpxsmg/global_induction
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SOURCE Research and Markets