the present scenario (with the base year being 2017) and the growth prospects of global Commercial Induction Cooker market for 2018-2023.
Commercial Induction Cooker is a kind cooking equipment using electromagnetism to turn cooking pans into cookers (creating heat energy inside the pan itself, instead of firing it in from outside) used in commercial kitchen.
The production region is relative dispersion. The main manufacture is relative concentrated; the largest three manufactures are CookTek, GE, VOLLRATH.
The consumption regions are dispersion. The Commercial Induction Cookers consumption has great relationship with the local economical developed level and population. The consumption is about 300 K Unit.
The price has been fluctuation continuously; the average price is about 2000 USD Per Unit in 2015. The gross margin has the similar trend with the price. The gross margin is about 30% in 2015.
The import and export volume is relative small, China has very large export ratio. Currently, the Commercial Induction Cooker has a certain degree of anti-dumping phenomenon.
In the future, the Commercial Induction Cooker will have a good future; the price fluctuation has relationship with the raw material and the power degree. The technology will more mature and the industry is more dispersion. The installation rate of Commercial Induction Cooker is becoming more and more in the normal families.
Over the next five years, LPI(LP Information) projects that Commercial Induction Cooker will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Induction Cooker market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Globe Food Equipment
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Commercial Induction Cooker consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Commercial Induction Cooker market by identifying its various subsegments.
Focuses on the key global Commercial Induction Cooker manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Commercial Induction Cooker with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Commercial Induction Cooker submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.