Global Slide-In Electric Range Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.6 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
In today's rapidly evolving kitchen appliance industry, the slide-in electric range market is experiencing significant growth. These ranges, designed to fit seamlessly between countertops, offer a sleek and modern aesthetic that appeals to many homeowners. But what factors are driving this surge in popularity?
According to recent data, the global electric ranges market was valued at $20.5 billion in 2023 and is projected to reach $32.3 billion by 2033, growing at a CAGR of 4.7% from 2024 to 2033. Notably, the slide-in electric ranges segment is expected to grow at the fastest CAGR of 8.21% over the forecast period. This trend indicates a rising consumer preference for appliances that combine functionality with style.
From personal experience, integrating a slide-in electric range into my kitchen not only enhanced its visual appeal but also improved cooking efficiency. The front control panels eliminate the need to reach over hot pots, a design feature that many users, including myself, find more convenient and safer. Additionally, the absence of a back panel allows for a more open and cohesive kitchen design.
Discussions on platforms like Reddit highlight various consumer preferences and concerns. For instance, some users express a desire for ranges with overlapping glass to prevent spills between the appliance and countertops, while others seek recommendations for 24" induction slide-in ranges due to space constraints. These conversations underscore the diverse needs within the market and the importance of manufacturers offering a range of options to cater to different kitchen configurations and user requirements.
In conclusion, the slide-in electric range market is on an upward trajectory, driven by consumer demand for stylish, efficient, and space-saving kitchen solutions. As technology advances and design preferences evolve, it's likely that these appliances will become an even more integral part of modern homes.
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GE
Magic Chef
Frigidaire
Verona
Bosch
Whirlpool
Samsung
LG
Haier
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Slide-In Electric Range Market
Household
Commercial Use
Based on Types the Market is categorized into Below types that held the largest Slide-In Electric Range market share In 2023.
24 Inches
30 Inches
36 Inches
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Slide-In Electric Range Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Slide-In Electric Range Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Slide-In Electric Range Market, By Type
6. Global Slide-In Electric Range Market, By Application
7. Global Slide-In Electric Range Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Slide-In Electric Range Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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