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In an induction cooktop ("induction hob" or "induction stove"), a coil of copper wire is placed under the cooking pot and an alternating electric current is passed through it. The resulting oscillating magnetic fieldinduces a magnetic flux which repeatedly magnetises the pot, treating it like the lossy magnetic core of a transformer. This produces large eddy currents in the pot, which because of the resistance of the pot, heats it.
Induction offers the following benefits and performance advantages:
Faster. Because energy is directly transferred within the pan metal, cooking on an electric induction range is extremely fast - even faster than gas. In the foodservice industry time is money, and a faster cooking surface results in shorter preparation time. And we all know what that means ... increased profits!
Safer. Electric induction cooktops are much safer than gas or other electric surfaces, since there is no open flame, red-hot coil or other radiant heat source to ignite fumes or flammable materials.
Over the next five years, LPI(LP Information) projects that Commercial Induction Cooktop will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Commercial Induction Cooktop market for 2018-2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Induction Cooktop market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
- Floor standing
Segmentation by application:
This report also splits the market by region:
- - United States
- - Canada
- - Mexico
- - Brazil
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- - Germany
- - France
- - UK
- - Italy
- - Russia
- - Spain
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- APW Wyatt
- Garland Group
- The Vollrath Company
- True induction
- Admiral Craft Equipment
- Dipo Induction
- ELAG products
- Fisher & Paykel Appliances
- Globe Food Equipment
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Commercial Induction Cooktop consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Commercial Induction Cooktop market by identifying its various subsegments.
- Focuses on the key global Commercial Induction Cooktop manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Commercial Induction Cooktop with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Commercial Induction Cooktop submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.