About Induction Cooktop
thereby generating heat. While the cookware gets heated, the glass top and the air surrounding the vessel does not. This makes an induction cooktop a safer and more energy-efficient option compared to a gas cooktop. Induction cooktops, also known as induction hobs, are more versatile and allow quick and controlled heating when compared to traditional gas cooktops. The induction cooktop market in India is expected to grow at a CAGR of 9.87% during the forecast period.
Technavio’s analysts forecast the induction cooktop market in India to grow at a CAGR of 6.83% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the induction cooktop market in India for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of induction cooktops.
The market is divided into the following segments based on geography:
• East India
• North India
• South India
• West India
Technavio's report, Induction Cooktop Market in India 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Bajaj Electricals
• Inalsa
• Philips India
• Stovekraft
• TTK Prestige
Other prominent vendors
• AB Electrolux
• BSH Bosch und Siemens Hausgeräte
• Crompton Greaves
• Dongbu Daewoo Electronics
• Fisher & Paykel
• Glen Appliances
• Haier Electronics
• Jaipan Industries
• Kenwood
• Khaitan Electricals
• Miele
• Panasonic
• Smeg
• Sunflame Enterprises
• Usha International
• Videocon Industries
• Whirlpool
Market driver
• Growing urbanization and safety aspects resulting in increased adoption
• For a full, detailed list, view our report
Market challenge
• Extra expenses for induction cooktop-specific utensils
• For a full, detailed list, view our report
Market trend
• Growth in the modular kitchen market
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Country overview
• Economic indicator
• Population in India
• GDP in India
PART 06: Market landscape
• Market overview
• Global household cooking appliances market
• Global induction cooktop market
• Induction cooktop market in India
• Five forces analysis
PART 07: Market segmentation by distribution channel
• Induction cooktop market in India by distribution channel
PART 08: Market segmentation by product
• Induction cooktop market in India by product type
PART 09: Geographical segmentation
• Induction cooktop market in India by geography
PART 10: Market drivers
• Growing urbanization and safety aspects resulting in increased adoption
• Rising prices of LPG
• High efficiency of induction cooktops over gas cooktops
PART 11: Impact of drivers
PART 12: Market challenges
• Competition from gas cooktops and microwave ovens
• Extra expenses for induction cooktop-specific utensils
• Risk of health issues associated with the use of induction cooktops
PART 13: Impact of drivers and challenges
PART 14: Market trends
• Focus on introduction of improved quality products with added features
• Increase in sales through the online channel
• Growth in the modular kitchen market
PART 15: Vendor landscape
• Competitive scenario
PART 16: Key vendor analysis
• Bajaj Electricals
• Inalsa
• Philips India
• Stovekraft
• TTK Prestige
• Other prominent vendors
PART 17: Appendix
• List of abbreviations
PART 18: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Number of households in India 2014-2019 (millions)
Exhibit 03: Urbanization in India
Exhibit 04: Population in India 2010-2014 (billions)
Exhibit 05: GDP at market price 2010-2014 ($ trillions)
Exhibit 06: Household cooking and appliances market: Overview
Exhibit 07: Household cooking appliances market by product types
Exhibit 08: Global induction cooktop overview 2015
Exhibit 09: Global induction cooktop market 2015-2020 ($ billions)
Exhibit 10: Share of induction cooktop market in India in global induction cooktop market 2015 (%)
Exhibit 11: Induction cooktop market in India 2015-2020 ($ millions)
Exhibit 12: Five forces analysis
Exhibit 13: Market segmentation by distribution channel
Exhibit 14: Induction cooktop market in India by distributional channel 2015 (%)
Exhibit 15: Analysis of different retail formats based on key parameters
Exhibit 16: Induction cooktop market in India by product type 2015 (%)
Exhibit 17: Induction cooktop market in India by geography 2015 (%)
Exhibit 18: Impact of drivers
Exhibit 19: Impact of drivers and challenges
Exhibit 20: Key players in the induction cooktop market in India
Exhibit 21: Key vendors: Benchmarking on product offerings
Exhibit 22: Bajaj Electricals: Business segmentation by revenue 2014
Exhibit 23: Inalsa: Geographic segmentation by number of distributors
Exhibit 24: TTK Prestige: Product segmentation by revenue 2014
Exhibit 25: Kitchen electric appliances turnover ($ millions)
Exhibit 26: TTK Prestige: Geographical segmentation by revenue 2014
