Built-in Induction Hobs

A Global Strategic Business Report

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  • NOV 2024
  • EDITION 8
  • TABLES 22
  • REGIONS 26
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  • PAGES 93
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HIGHLIGHTS & REPORT INDEX

Global Built-in Induction Hobs Market to Reach US$568.2 Million by 2030

The global market for Built-in Induction Hobs estimated at US$376.4 Million in the year 2023, is expected to reach US$568.2 Million by 2030, growing at a CAGR of 6.1% over the analysis period 2023-2030.

The U.S. Market is Estimated at US$99.8 Million While China is Forecast to Grow at 8.8% CAGR

The Built-in Induction Hobs market in the U.S. is estimated at US$99.8 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$126.9 Million by the year 2030 trailing a CAGR of 8.8% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.1% and 5.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Global Built-In Induction Hobs Market - Key Trends & Drivers Summarized

What Are Built-In Induction Hobs & Why Are They Essential in Modern Kitchens?

Built-in induction hobs are advanced cooking appliances that utilize electromagnetic induction to heat pots and pans directly, providing precise and efficient cooking capabilities. Unlike traditional gas or electric stoves, induction hobs heat only the cookware, allowing for faster cooking times, improved energy efficiency, and enhanced safety. These hobs are designed to be integrated into kitchen countertops for a seamless, modern aesthetic. They come with various features, including touch controls, programmable settings, and safety functions, making them an attractive choice for contemporary kitchens.

The demand for built-in induction hobs has surged due to the increasing popularity of smart home technologies, the growing emphasis on energy efficiency, and the evolving preferences of consumers towards modern cooking solutions. As more people seek to enhance their culinary experiences and create stylish, functional kitchens, induction hobs have become essential for both professional chefs and home cooks. Their ability to offer rapid heating, precise temperature control, and easy cleaning further contributes to their appeal, making them a staple in modern culinary environments.

How Do Built-In Induction Hobs Enhance Cooking Efficiency & Safety?

Built-in induction hobs enhance cooking efficiency by providing faster heat-up times and precise temperature control, allowing cooks to prepare meals more quickly and accurately. The technology enables rapid adjustments to cooking temperatures, making it easier to achieve desired results for various cooking techniques, such as boiling, simmering, frying, and sautéing. Additionally, the ability to use multiple cooking zones simultaneously enhances multitasking capabilities in the kitchen, allowing users to prepare multiple dishes at once without compromising quality.

Safety is another critical advantage of built-in induction hobs. Since induction hobs heat only the cookware and not the surrounding surface, there is a significantly reduced risk of burns compared to traditional gas or electric stoves. Many induction hobs are equipped with safety features such as automatic shut-off, child locks, and pan detection sensors that ensure the hob operates only when compatible cookware is placed on it. This reduces the likelihood of accidents and enhances overall kitchen safety, making induction hobs a preferred choice for families and professional kitchens alike.

How Are Technological Advancements Shaping the Development of Built-In Induction Hobs?

Technological advancements have significantly improved the performance, design, and features of built-in induction hobs, making them more appealing and functional for consumers. One major innovation is the integration of smart technology, allowing users to control their induction hobs remotely via smartphones or voice assistants. Features such as recipe integration, cooking timers, and temperature monitoring enhance user convenience and enable more precise cooking, catering to the needs of modern households.

Another significant advancement is the development of more efficient induction cooking technologies that offer improved energy savings and performance. New designs, such as multi-zone cooking surfaces that allow users to place various-sized cookware anywhere on the hob, enhance flexibility and usability. Additionally, improvements in the materials used for induction hobs, such as high-quality glass ceramics, provide better durability, resistance to scratches, and easy cleaning, ensuring that these appliances maintain their appearance and functionality over time.

The introduction of advanced safety features has also transformed the built-in induction hob market. Modern hobs come equipped with enhanced safety measures, including automatic shut-off timers, overheat protection, and residual heat indicators that alert users when the cooking surface is still hot. These features not only improve safety but also instill confidence in users, particularly those new to induction cooking. As manufacturers continue to innovate and integrate the latest technologies, built-in induction hobs are becoming more efficient, user-friendly, and aligned with consumer expectations.

What Factors Are Driving Growth in the Built-In Induction Hobs Market?

The growth in the built-in induction hobs market is driven by several factors, including rising consumer demand for energy-efficient cooking solutions, the growing trend towards smart home technologies, increasing health consciousness, and evolving kitchen design preferences. As energy costs continue to rise, consumers are increasingly looking for appliances that reduce energy consumption while maintaining performance. Induction hobs, known for their efficiency and speed, align perfectly with this demand, making them an attractive option for eco-conscious consumers.

The adoption of smart home technology is another significant driver of growth in the built-in induction hobs market. As more consumers integrate smart appliances into their homes, the demand for induction hobs equipped with connectivity features and app control capabilities has surged. This trend is especially prominent among younger consumers who prioritize convenience and functionality in their cooking experiences.

Health consciousness among consumers is also influencing the market, as induction cooking is often perceived as a cleaner and safer alternative to traditional cooking methods. The precise temperature control of induction hobs allows for healthier cooking techniques, such as steaming and sautéing, which can help retain nutrients in food. Additionally, the sleek and modern design of built-in induction hobs aligns with contemporary kitchen aesthetics, making them a preferred choice for home renovation and new construction projects.

Emerging markets in Asia-Pacific and Latin America are witnessing rapid urbanization and rising disposable incomes, creating new opportunities for built-in induction hobs as households modernize their kitchens. As culinary trends evolve and the demand for high-quality, efficient cooking solutions increases, the built-in induction hobs market is poised for sustained growth, driven by technological advancements, changing consumer preferences, and the ongoing push for energy efficiency in cooking appliances.

SCOPE OF STUDY

The report analyzes the Built-in Induction Hobs market by the following Segments, and Geographic Regions/Countries:

Segments:
Segment (Built-in Induction Hobs).

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa..

SELECT PLAYERS

AB Electrolux; Koninklijke Philips NV; LG Electronics Inc.; Panasonic Corp.; Robert Bosch GmbH; Samsung Electronics Co. Ltd.; Smeg Spa; Sub-Zero Group Inc.; TTK Prestige Ltd.; Whirlpool Corp.;

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Global Economic Update
Built-in Induction Hobs – Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for 42 Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Rising Demand for Energy-Efficient Cooking Drives Built-in Induction Hob Market
Increasing Adoption in Modern Kitchens Sets the Stage for Induction Hob Growth
Focus on Fast Cooking Times Propels Demand for Built-in Induction Hobs
Emergence of Sleek and Minimalist Kitchen Designs Bodes Well for Market Growth
Increasing Use in Open-Plan Kitchens Drives Induction Hob Market
Focus on Safe Cooking Technology Sustains Demand for Built-in Induction Hobs
Rising Adoption in Modular Kitchen Installations Expands Market Scope
Integration with IoT for Remote Control Sets the Stage for Smart Induction Hobs
Focus on Reducing Cooking Emissions Bodes Well for Induction Hob Demand
Emergence of Multi-Zone Induction Hobs Generates New Opportunities
4. GLOBAL MARKET PERSPECTIVE
World Recent Past, Current & Future Analysis for Built-in Induction Hobs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
World Historic Review for Built-in Induction Hobs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
World 16-Year Perspective for Built-in Induction Hobs by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
World Built-in Induction Hobs Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
UNITED STATES
Built-in Induction Hobs Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
USA Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
USA Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
CANADA
Canada Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Canada Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
JAPAN
Built-in Induction Hobs Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
Japan Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Japan Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
CHINA
Built-in Induction Hobs Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
China Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
China Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
EUROPE
Built-in Induction Hobs Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
Europe Recent Past, Current & Future Analysis for Built-in Induction Hobs by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Europe Historic Review for Built-in Induction Hobs by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Europe 16-Year Perspective for Built-in Induction Hobs by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2024 & 2030
FRANCE
Built-in Induction Hobs Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
France Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
France Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
GERMANY
Built-in Induction Hobs Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
Germany Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Germany Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
ITALY
Italy Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Italy Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
UNITED KINGDOM
Built-in Induction Hobs Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
UK Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
UK Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
SPAIN
Spain Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Spain Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
RUSSIA
Russia Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Russia Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
REST OF EUROPE
Rest of Europe Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Rest of Europe Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
ASIA-PACIFIC
Built-in Induction Hobs Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
Asia-Pacific Recent Past, Current & Future Analysis for Built-in Induction Hobs by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Asia-Pacific Historic Review for Built-in Induction Hobs by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Asia-Pacific 16-Year Perspective for Built-in Induction Hobs by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2024 & 2030
AUSTRALIA
Built-in Induction Hobs Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
Australia Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Australia Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
INDIA
Built-in Induction Hobs Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
India Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
India Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
SOUTH KOREA
South Korea Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
South Korea Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
REST OF ASIA-PACIFIC
Rest of Asia-Pacific Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Rest of Asia-Pacific Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
LATIN AMERICA
Built-in Induction Hobs Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
Latin America Recent Past, Current & Future Analysis for Built-in Induction Hobs by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Latin America Historic Review for Built-in Induction Hobs by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Latin America 16-Year Perspective for Built-in Induction Hobs by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2014, 2024 & 2030
ARGENTINA
Argentina Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Argentina Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
BRAZIL
Brazil Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Brazil Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
MEXICO
Mexico Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Mexico Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
REST OF LATIN AMERICA
Rest of Latin America Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Rest of Latin America Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
MIDDLE EAST
Built-in Induction Hobs Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
Middle East Recent Past, Current & Future Analysis for Built-in Induction Hobs by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
Middle East Historic Review for Built-in Induction Hobs by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
Middle East 16-Year Perspective for Built-in Induction Hobs by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2014, 2024 & 2030
IRAN
Iran Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Iran Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
ISRAEL
Israel Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Israel Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
SAUDI ARABIA
Saudi Arabia Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Saudi Arabia Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
UNITED ARAB EMIRATES
UAE Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
UAE Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
REST OF MIDDLE EAST
Rest of Middle East Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Rest of Middle East Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
AFRICA
Built-in Induction Hobs Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
Africa Recent Past, Current & Future Analysis for Built-in Induction Hobs by Segment - Built-in Induction Hobs - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
Africa Historic Review for Built-in Induction Hobs by Segment - Built-in Induction Hobs Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR

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