MARKET INTRODUCTION
An electric rice cooker is an electrical appliance which use electricity instead of gas to cook the rice. The electric rice cooker is equipped with controls which allows user to control the time and temperature of the cooking process, further, the electric rice cookers are also integrated with predefined cooking programs. The electric rice cookers can reach temperature of up to hundred degree Celsius.
MARKET DYNAMICS
The electric rice cooker market is experiencing significant growth owing to increasing need for cooking the rice and rice dishes quickly and automatically across the globe. However, the lack of adoption of electric rice cooker in certain countries due is hampering the growth of the electric rice cooker market. Meanwhile, the growing consumer spending on kitchen appliances is anticipated to propel the electric rice cooker market in forth coming future.
MARKET SCOPE
The "Electric Rice Cooker Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor with a special focus on the global market trend analysis. The report aims to provide an overview of electric rice cooker market with detailed market segmentation by product, application and geography. The global electric rice cooker market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric rice cooker market players and offers key trends and opportunities in the electric rice cooker market.
MARKET SEGMENTATION
The global electric rice cooker market is segmented on the basis of product and application. On the basis of product, the market is segmented as with standard, induction, other. Similarly, on the basis of application, the market is segmented as below residential and commercial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric rice cooker market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric rice cooker market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting electric rice cooker market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electric rice cooker market in these regions.
MARKET PLAYERS
The reports cover key developments in the electric rice cooker market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from electric rice cooker market are anticipated to lucrative growth opportunities in the future with the rising demand for electric rice cooker market. Below mentioned is the list of few companies engaged in the electric rice cooker market.
The report also includes the profiles of key electric rice cooker market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Aroma Housewares Company
- Bajaj Electricals
- Cusinart
- Havells
- Panasonic
- Phillips
- Sunbeam Products, Inc.
- TIGER CORPORATION
- Toshiba Corporation
- Zojirushi Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.