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Electric Grills Market By Product Type (Electric Smokers, Electric Griddles), By Application (Residential, Commercial) - Growth, Future Prospects & Competitive Analysis, 2019 – 2027

"Increasing Influence of Grilled Food to Boost the Electric Grills Market"

The electric grills market worldwide is expected to grow with a CAGR of 5.6% during the forecast period from 2019 to 2027, starting from US$ 518.51 Mn in 2018. Electric grills has some unique benefits such as indoor use, smoke free and others which are unmatched by any other cooking grill. Inclination towards healthy grilled food, changing lifestyle and preference for homemade grilled food are the major growth drivers for electric grills market. Rapid technological advancement is also gaining traction as now Bluetooth and Wi-Fi enabled electric grills are there in the market. As a result of these factors, we are expecting high growth in electric grills market during the forecast period.

Market Synopsis

Electric Grills Market

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"Electric Smokers to Continue as the Market Leader"

Electric smokers segment holds the highest market share in the electric grills industry with more than 60% of the market revenue, as of 2018. With growing penetration of electric grills in restaurants, hotels and residents electric smokers segment is the leader. Electric smokers are available in smaller form or a refrigerator style to cook plenty of food at the same time. Nowadays, people are more concerned towards their health and grilled food is often considered healthy, which in turn increasing the demand for electric smokers worldwide. As a result of these factors, we are expecting electric smokers segment to be the market leader during the forecast period.

Electric Grills Market

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"Asia Pacific to Emerge as the Market Leader"

In 2018, by revenue North America is the leader in electric grills market followed by with more than 30% of market share. North America has the largest share owing to grilling became an integral part of consumers’ lifestyle. Asia Pacific will be the fastest growing region due to inclination towards healthy food and increase in per capita income. Rising preference for homemade grilled food in countries such as Japan, China and India are the major growth factors in the region. As a result of these factors, we are expecting a steady growth in the region throughout the forecast period.

Electric Grills Market

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Major players are focusing on strategies such as innovation led product launch to increase their market presence. For instance, in 2017, Koninklijke Philips N.V. launched smoke-less indoor grill with up to 80% less smoke and with advanced infrared technology.  Brand enhancement and mergers & acquisitions is expected to remain key strategy in years to come. Some of the prominent players operating in the electric grills market include The Weber-Stephen Products LLC, Middleby Corporation, Taylor Company Inc., Roller Grill International SA, Dimplex North America Limited, DeLonghi SpA, Coleman Company, Inc., Midea Group, Char-Broil Llc, Zojirushi, Koninklijke Philips N.V. and others.

Electric Grills Market

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The electric grills market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global electric grills market based on product type, application and geography. Key segments covered in the report are as follows:

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Million
Segmentation

 Product Type (2019–2027; US$ Mn)
 • Electric Smokers
 • Electric Griddles

 Application (2019–2027; US$ Mn)
 • Residential
 • Commercial

 Geography Segment (2019–2027; US$ Mn)
 • North America (U.S., Rest of North America)
 • Europe (U.K., Germany, France, Rest of Europe)
 • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
 • Rest of the World (Middle East & Africa, Latin America)

Key questions answered in this report

  • What was the market size of electric grills in 2018 and forecast up to 2027?
  • Which is the largest regional market by revenue for electric grills?
  • What are the major trends followed in overall electric grills across different regions?
  • What are the key market trends and high-growth opportunities observed in the electric grills market?
  • What are the drivers of the electric grills market?
  • Who are the key electric grills companies leading the market?
  • What are the key strategies adopted by the leading electric grills companies in market?

Unique data points of this report

  • Statistics on cooking grills worldwide
  • Recent trends across different regions in terms of adoption of electric grills
  • Notable developments going on in the electric grills industry
  • Attractive investment proposition for electric grills segment as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
Choose License Type
Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  Aug 2019
Category:  Consumer Goods
Report ID:   59851
Report Format:   PDF
Pages:   120
Rating:    4.4 (66)
Delivery Time: 24 Hours to 48 Hours   
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