Electric Stoves Market 2023 – Market Insights, Industry Drivers, Market Size, Share And Forecast To 2032 | Philips, Panasonic, Haier Group, AB Electrolux, Bosch

Electric Stoves Market
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The Electric Stoves Global Market Report 2023, provides comprehensive information on the electric stoves market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032. 

Learn More On The Electric Stoves Market’s Growth:


As per The Business Research Company’s Electric Stoves Global Market Report 2023, the market size is expected to grow from $22.08 billion in 2022 to $22.93 billion in 2023 at a compound annual growth rate (CAGR) of 3.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global electric stoves is expected to grow to $25.31 billion in 2027 at a CAGR of 2.5%. 

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The electric stoves market is segmented:

1) Electric Stoves Market By Product: Built in, Free-Standing

2) Electric Stoves Market By Material: Metal Stove, Stone Stove, Ceramic Stove, Other Materials

3) Electric Stoves Market By Application: Residential Use, Commercial Use, Industrial Use

Top Major Players



Haier Group

AB Electrolux


Asia-Pacific was the largest region in the electric stoves market in 2022.

The table of contents in TBRC’s electric stoves market report includes:

1. Executive Summary

2. Electric Stoves Market Characteristics

3. Electric Stoves Market Trends And Strategies

4. Electric Stoves Market – Macro Economic Scenario

5. Electric Stoves Market Size And Growth


26. Africa Electric Stoves Market

27. Electric Stoves Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Electric Stoves Market

29. Electric Stoves Market Future Outlook and Potential Analysis

30. Appendix

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Electric Stoves Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Electric Stoves Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Electric Stoves Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion


Table 27: Philips Financial Performance
Table 28: Panasonic Financial Performance
Table 29: Haier Group Financial Performance
Table 30: AB Electrolux Financial Performance
Table 31: Bosch Financial Performance

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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