An electric range or electric stove is a stove with an integrated electrical heating device to cook and bake. Electric range became popular as replacements for solid-fuel stoves which required more labor to operate and maintain. Some recent electric range come in a unit with built-in extractor hoods. Electric range burners can be controlled by a rotary switch with a finite number of positions, each of which involves a different combination of resistances and therefore a different heating power, or may have an infinite switch termed a simmerstat, some may have a thermostat.This growth is primarily driven by The Rising Disposable Income & Economic Development, The Adoption of Modular Kitchen and Home Appliances and Rapid Urbanization.
Major Vendors, such as Haier US Appliance Solutions, Inc. (United States), Whirlpool Corporation (United States), Electrolux (Sweden), Sears Holdings Corporation (United States), Samsung Electronics Co., Ltd. (South Korea), LG Electronics (Sweden), Peerless Premier Appliance (United States), Bosch (India), Sharp (United States) and Fisher & Paykel Appliances, Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 8 Jan 2018, Whirlpool has launched Smart Front Control Range, is designed to get dinner quickly on the table. The consumer can use a smartphone or tablet to get the right settings every time for frozen foods with scan-to-cook technology. The product has multiple features such as voice control capabilities, colorful LCD display, and multi-step cooking capabilities.
- The Rising Disposable Income & Economic Development
- The Adoption of Modular Kitchen and Home Appliances
- Rapid Urbanization
OpportunitiesEmerging Demand from Economies
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the ReportAMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Electric Ranges Study Sheds Light on The Electric Ranges Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Electric Ranges industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Electric Ranges industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.