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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

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Published: | Report ID: 5128 | Report Format : PDF

Market Insights

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 million in 2018. Electric grills have some unique benefits, such as indoor use, being smoke-free, and others that are unmatched by any other cooking grill. The inclination toward healthy grilled food, changing lifestyles, and preference for homemade grilled food are the major growth drivers for the electric grill market. Rapid technological advancement is also gaining traction, as now Bluetooth- and Wi-Fi-enabled electric grills are on the market. As a result of these factors, we are expecting high growth in the electric grills market during the forecast period.

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Market Synopsis

Electric Smokers to Continue as the Market Leader

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

Asia Pacific to Emerge as the Market Leader

In 2018, by revenue, North America was the leader in the electric grills market, followed by China, with more than 30% of the market share. North America has the largest share owing to the fact that grilling has become an integral part of consumers’ lifestyles. Asia Pacific will be the fastest-growing region due to an inclination towards healthy food and an 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 steady growth in the region throughout the forecast period.

Major players are focusing on strategies such as innovation-led product launches to increase their market presence. For instance, in 2017, Koninklijke Philips N.V. launched a smoke-less indoor grill with up to 80% less smoke and advanced infrared technology. Brand enhancement and mergers and acquisitions are expected to remain key strategies in the 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.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027,considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is 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 the global electric grills market based on product type, application, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

  • What was the market size of electric grills in 2018, and what is the 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 grill market?
  • Who are the key electric grill companies leading the market?
  • What are the key strategies adopted by the leading electric grill companies in the market?

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Unique data points of this report

  • Statistics on cooking grills worldwide
  • Recent trends across different regions in terms of the adoption of electric grills
  • Notable developments are going on in the electric grill industry.
  • attractive investment proposition for the electric grills segment as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global EG Market
2.2. Global EG Market, by Product Type, 2018 (US$ Bn)
2.3. Global EG Market, by Application, 2018 (US$ Bn)
2.4. Global EG Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global EG Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Electric Grills (EG) Market, by Product Type , 2017-2027 (US$ Bn)
4.1. Overview
4.2. Electric Smokers
4.3. Electric Griddles

5. Global Electric Grills (EG) Market, by Application, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Residential
5.3. Commercial

6. North America Electric Grills (EG) Market Analysis, 2017-2027 (US$ Bn)
6.1. Overview
6.1.1. North America EG Market Value and Growth, 2017-2027, (US$ Bn)
6.2. North America EG Market Value, By Product Type, 2017-2027 (US$ Bn)
6.2.1. Market Analysis
6.3. North America EG Market Value, By Application, 2017-2027 (US$ Bn)
6.3.1. Market Analysis
6.4. North America EG Market Value, By Region/Country, 2017-2027 (US$ Bn)
6.4.1. Market Analysis
6.4.2. U.S.
6.4.3. Rest of North America

7. Europe Electric Grills (EG) Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.1.1. Europe EG Market Value and Growth, 2017-2027, (US$ Bn)
7.2. Europe EG Market Value, By Product Type, 2017-2027 (US$ Bn)
7.2.1. Market Analysis
7.3. Europe EG Market Value, By Application, 2017-2027 (US$ Bn)
7.3.1. Market Analysis
7.4. Europe EG Market Value, By Region/Country, 2017-2027 (US$ Bn)
7.4.1. Market Analysis
7.4.2. U.K.
7.4.3. Germany
7.4.4. France
7.4.5. Rest of Europe

8. Asia Pacific Electric Grills (EG) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. Asia Pacific EG Market Value and Growth, 2017-2027, (US$ Bn)
8.2. Asia Pacific EG Market Value, By Product Type, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Asia Pacific EG Market Value, By Application, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. Asia Pacific EG Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.4.2. Japan
8.4.3. China
8.4.4. India
8.4.5. Rest of Asia Pacific

9. Rest of the World Electric Grills (EG) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Rest of the World EG Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Rest of the World EG Market Value, By Product Type, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Rest of the World EG Market Value, By Application, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Rest of the World EG Market Value, By Region, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.4.2. Middle East & Africa
9.4.3. Latin America

10. Company Profiles
10.1. The Weber-Stephen Products LLC
10.2. Middleby Corporation
10.3. Taylor Company Inc.
10.4. Roller Grill International SA
10.5. Dimplex North America Limited
10.6. DeLonghi SpA
10.7. Coleman Company, Inc.
10.8. Midea Group
10.9. Char-Broil Llc
10.10. Zojirushi
10.11. Koninklijke Philips N.V.

List of Figures

FIG. 1 Global Electric Grills (EG) Market: Research Methodology
FIG. 2 Market Size Estimation – Top-Down and Bottom Up Approach
FIG. 3 Global EG Market Segmentation
FIG. 4 Global EG Market, by Product Type, 2018 (US$ Bn)
FIG. 5 Global EG Market, by Application, 2018 (US$ Bn)
FIG. 6 Global EG Market, by Geography, 2018 (US$ Bn)
FIG. 7 Global EG Market Value, 2017-2027, (US$ Bn) and (Y-o-Y%)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Global Market Positioning of Key EG Providers, 2018
FIG. 10 Global EG Market Value Share, by Product Type, 2018 & 2027 (Value %)
FIG. 11 Global Electric Smokers Market Value, 2017-2027, (US$ Bn)
FIG. 12 Global Electric GriddlesMarket Value, 2017-2027, (US$ Bn)
FIG. 13 Global EG Market Value Share, by Application, 2018 & 2027 (Value %)
FIG. 14 Global EG Market Value for Residential, 2017-2027, (US$ Bn)
FIG. 15 Global EG Market Value for Commercial, 2017-2027, (US$ Bn)
FIG. 16 North America EG Market Value, 2017-2027, (US$ Bn)
FIG. 17 Europe EG Market Value, 2017-2027, (US$ Bn)
FIG. 18 Asia Pacific EG Market Value, 2017-2027, (US$ Bn)
FIG. 19 RoW EG Market Value, 2017-2027, (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Electric Grills (EG) Market Value
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global EG Market, by Product Type, 2017-2027 (US$ Bn)
TABLE 5 Global EG Market, by Application, 2017 – 2027 (US$ Bn)
TABLE 6 Global EG Market, by Geography, 2017-2027 (US$ Bn)
TABLE 7 North America EG Market, by Product Type, 2017-2027 (US$ Bn)
TABLE 8 North America EG Market, by Application, 2017 – 2027 (US$ Bn)
TABLE 9 North America EG Market Value, by Region/Country, 2017-2027 (US$ Bn)
TABLE 10 Europe EG Market, by Product Type, 2017-2027 (US$ Bn)
TABLE 11 Europe EG Market, by Application, 2017 – 2027 (US$ Bn)
TABLE 12 Europe EG Market Value, by Region/Country, 2017-2027 (US$ Bn)
TABLE 13 Asia Pacific EG Market, by Product Type, 2017-2027 (US$ Bn)
TABLE 14 Asia Pacific EG Market, by Application, 2017 – 2027 (US$ Bn)
TABLE 15 Asia Pacific EG Market Value, by Region/Country, 2017-2027 (US$ Bn)
TABLE 16 Rest of the World EG Market, by Product Type, 2017-2027 (US$ Bn)
TABLE 17 Rest of the World EG Market, by Application, 2017 – 2027 (US$ Bn)
TABLE 18 Rest of the World EG Market Value, by Region, 2017-2027 (US$ Bn)
TABLE 19 The Weber-Stephen Products LLC: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 20 Middleby Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 21 Taylor Company Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 22 Roller Grill International SA: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 23 Dimplex North America Limited: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 24 DeLonghi SpA: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 25 Coleman Company, Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 26 Midea Group: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 27 Char-Broil Llc: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 28 Zojirushi: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 29 Koninklijke Philips N.V.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)

 Frequently Asked Questions

What is the size of Electric Grills Market?

The market for Electric Grills Market is expected to reach US$ 518.51 Mn in 2027.

What is the Electric Grills Market CAGR?

The Electric Grills Market is expected to see significant CAGR growth over the coming years, at 5.6%

What is the Forecast period considered for Electric Grills Market?

The report is forecasted to 2019-2027.

What is the base year considered for Electric Grills Market?

The base year of this report is 2018.

Who are the major players in this market?

The Weber-Stephen Products LLC,Middleby Corporation,Taylor Company Inc.,Roller Grill International SA, Dimplex North America Limited are some of the major players in the global market.

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