The USA microwave ovens market is on track for a substantial increase of USD 3.1 billion, indicating a compound annual growth rate (CAGR) of roughly 5.1% during the forecast period from 2024 to 2029. The microwave ovens market in the United States is driven by the need for convenience and time-saving solutions in busy households. As dual-income families become more common, consumers are increasingly relying on microwave ovens for quick meal preparation. The market is also benefiting from innovations in microwave technology, such as smart appliances and energy-efficient models, which cater to the growing demand for sustainability and convenience.
The report delivers an in-depth analysis of the USA microwave ovens industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product, technology and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the microwave ovens market.
Market Segmentation
The following outlines the segmentation of the USA microwave ovens market:
Product: built-in microwaves, freestanding microwaves
Technology: smart, non-smart
Distribution channel: supermarkets and hypermarkets, department stores, electronics stores, e-commerce, builders merchants, others
The USA microwave ovens market is categorized by product, technology and distribution channel. The market is classified by product into built-in microwaves, and freestanding microwaves. Technology segmentation includes smart, and non-smart. Distribution channel segments are categorized into supermarkets and hypermarkets, department stores, electronics stores, e-commerce, builders merchants, and others.
Competitive Landscape
The USA microwave ovens market remains highly competitive, with major players including Whirlpool Corporation, The Samsung Group, Panasonic Corporation, LG Corporation, Hon Hai Precision Industry Co. Ltd., Hamilton Beach Brands Holding Company, Haier Group Corporation, Emerson Electric Co. and Electrolux AB.
This report delivers an in-depth examination of leading companies in the microwave ovens sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
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Obtain precise statistical data and forecasts for the USA microwave ovens market.
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Gain deep insights into the dynamics of the USA microwave ovens market.
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Anticipate the future trajectory of the USA microwave ovens market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
USA Microwave Ovens Market – Product Analysis
USA Microwave Ovens Market – Technology Analysis
USA Microwave Ovens Market – Distribution Channel Analysis
Key Players and Market Share
– Whirlpool Corporation
– The Samsung Group
– Panasonic Corporation
– LG Corporation
– Hon Hai Precision Industry Co., Ltd.
– Hamilton Beach Brands Holding Company
– Haier Group Corporation
– Emerson Electric Co.
– Electrolux AB
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table USA Microwave Ovens Market 2019-2029
Chart USA Microwave Ovens Market, Net Growth, 2019-2029
Chart USA Microwave Ovens Market, Growth Rates, 2019-2029
Table USA Microwave Ovens Market by Product, 2019-2029
Chart USA Microwave Ovens Market by Product, CAGR Historic and Forecast, 2019-2029
Chart USA Microwave Ovens Market by Product, 2019-2029
Table USA Microwave Ovens Market by Technology, 2019-2029
Chart USA Microwave Ovens Market by Technology, CAGR Historic and Forecast, 2019-2029
Chart USA Microwave Ovens Market by Technology, 2019-2029
Table USA Microwave Ovens Market by Distribution Channel, 2019-2029
Chart USA Microwave Ovens Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart USA Microwave Ovens Market by Distribution Channel, 2019-2029
Table USA Microwave Ovens Market Share (%), by Companies, 2019-2023
Chart USA Microwave Ovens Market, by Companies, 2023
Table USA Microwave Ovens Market Share (%), by Brands, 2019-2023
Chart USA Microwave Ovens Market, by Brands, 2023
Table USA – Population (Millions) and Forecast
Table USA – Consumer Price Index (CPI) and Forecast
Table USA – Gross Domestic Product and Forecast
Table USA Microwave Ovens Market: Spend as a Proportion of GDP (%)
Table USA Microwave Ovens Market: Consumption per Capita (Population)
Companies Mentioned
Whirlpool Corporation
The Samsung Group
Panasonic Corporation
LG Corporation
Hon Hai Precision Industry Co., Ltd.
Hamilton Beach Brands Holding Company
Haier Group Corporation
Emerson Electric Co.
Electrolux AB