For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
Electric Hot Plate is a portable self-contained tabletop small appliance. It can be used for heating and cooking food. This kind of electric hot plate is similar to induction cooker, but it is not the same. And there is another kind of electric hot plate which is used in industry such as heating bearings before prior to mounting. In this report, both of them are discussed.
Scope of the Report:
This report focuses on the Electric Hot Plate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The Electric Hot Plate industry is quite mature nowadays. The main manufacturing bases are in China. The industry production is dispersed to many companies or producers instead of occupied by a few manufacturers.
The market status is always steady for the last 5 years. China provide the most part of the production volume of the electric hot plate among it. About 15 million electric hot plates and occupy about 46.7% of the whole production volume of the world.
United States and Europe also provide an amount of electric hot plates for the global market. However, the production price in the United States, Europe and Japan is relatively higher than that in China. As the result, Chinese electric hot plate producers tend to produce their products and export them to the United States, Europe or Japan.
Since the economic status is not good currently, the consumption is not good. In 2015, the global consumption growth rate is only 2.39%. United States becomes the biggest consumer in the world, consuming nearly 31% of the whole production volume. Europe is the second largest market of the electric hot plate.
The prices of the products kept decreasing in the last several years. Because of that, the production value of the electric hot plate is decreasing. However, the gross margin of producing the products nearly kept in the same level during the last 5 year.
From our investigation, the market size of the electric hot plate is not big. It is not now developing, either. From our point of view, Big firms and producer who can have a low cost can think about getting into this area. People without professional technologies about electric hot plate or small firms had better choose another area to invest the money.
The worldwide market for Electric Hot Plate is expected to grow at a CAGR of roughly 6.5% over the next five years, will reach 910 million US$ in 2023, from 620 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- - Aroma-housewares
- - SKF
- - Philips
- - Zhong Shan Longvcu Electric Co., Ltd
- - Weibang Co., Ltd
- - Fengye Electrical Applicance
- - Andong
- - CHINABEST
Market Segment by Regions, regional analysis covers
- - North America (United States, Canada and Mexico)
- - Europe (Germany, France, UK, Russia and Italy)
- - Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- - South America (Brazil, Argentina, Colombia etc.)
- - Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- - Single Hot Plate
- - Double Hot Plate
- - Others
Market Segment by Applications, can be divided into
- - Lab
- - Household
- - Others
There are 15 Chapters to deeply display the global Electric Hot Plate market.
Chapter 1, to describe Electric Hot Plate Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Electric Hot Plate, with sales, revenue, and price of Electric Hot Plate, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Electric Hot Plate, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Electric Hot Plate market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Electric Hot Plate sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source