Electric Grill Market Forecast to 2027 - COVID-19 Impact and Global Analysis

Dublin, Oct. 29, 2020 (GLOBE NEWSWIRE) -- The "Electric Grill Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Indoor Grill and Outdoor Grill), End-use (Residential and Commercial), and Geography" report has been added to ResearchAndMarkets.com's offering.

According to this report the market was valued at US$ 3.04 billion in 2019 and is projected to reach US$ 5.26 billion by 2027; it is expected to grow at a CAGR of 7.2% from 2020 to 2027.The report highlights the key factors driving the market growth, and prominent players and their developments in the market.

The growing health issues due to smoked and grilled activities are surging the demand for electric grills worldwide, as it is smokeless and mitigates health-related issues such as heart diseases and cancer. With its innovative infrared technology, it limits the harmful impact, which is caused by other types of grills. North America accounted for the highest market share in 2019 as the region is technologically advanced and the manufacturers in the region are highly focused on integrating innovative connected technologies into cooking appliances, which are in line with consumer demand for convenience and saves their time and energy.

The Bluetooth and Wi-Fi-integrated electric grills are gaining the center stage among wealthy consumers in the region. The electric grills are anticipated to witness an increased demand in the near future in APAC owing to its versatility for indoor and outdoor use and energy-efficient attributes. Additionally, enthusiasm for spicy food in various Asian countries such as India and South Korea is also likely to denote a lucrative growth rate for electric grill market during the forecast period.

North America continues to dominate the global electric grill market

Countries analyzed in the North America electric grill market include the US, Canada, and Mexico. The North American population is technologically advanced and has a higher quest for robust technologies with an objective to make life easier. The countries mentioned above are experiencing a rise in residential and commercial infrastructure construction, which is generating substantial demand for advanced kitchen appliances, including grills.

In addition, the demand for electrical appliances is growing steadily among the North American population, which is majorly due to the increase in awareness of environmental degradation caused by the burning of gas, coal, or wood. This is leading the population to opt for electrical products, including electric grills. This factor is a crucial driver for the electric grill market in the region. Moreover, the allowance of using Underwriter Laboratory (UL)-listed electric grills in residential areas and in commercial areas is acting as a driving force for the electric grill market.

Reasons to Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global electric grill market

• Highlights key business priorities in order to assist companies to realign their business strategies

• The key findings and recommendations highlight crucial progressive industry trends in the global electric grill market, thereby allowing players across the value chain to develop effective long-term strategies

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
  

Key Topics Covered:

1. Introduction

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Electric Grill Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Electric Grill Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Popularity of Cookouts
5.1.2 Inclination Toward Healthy Grilled Food
5.2 Market Restraints
5.2.1 Gas Grill as a Substitute
5.3 Market Opportunities
5.3.1 Surging Growth Opportunities in APAC
5.4 Future Trends
5.4.1 Rapid Developments in Technologies in Electric Grills Market
5.5 Impact Analysis of Drivers and Restraints

6. Electric Grill - Global Market Analysis
6.1 Electric Grill Market Overview
6.2 Electric Grill Market - Revenue, and Forecast to 2027 (US$ Billion)
6.3 Market Positioning - Global Market Players Ranking

7. Electric Grill Market Analysis - By Type
7.1 Overview
7.2 Electric Grill Market, By Type (2019 and 2027)
7.3 Indoor Grill
7.3.1 Overview
7.3.2 Indoor Grill: Electric Grill Market - Revenue, and Forecast to 2027 (US$ Million)
7.4 Outdoor Grill
7.4.1 Overview
7.4.2 Outdoor Grill: Electric Grill Market - Revenue, and Forecast to 2027 (US$ Million)

8. Electric Grill Market Analysis - By End-user
8.1 Overview
8.2 Electric Grill Market, By End-user (2019 and 2027)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: Electric Grill Market - Revenue, and Forecast to 2027 (US$ Million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: Electric Grill Market - Revenue, and Forecast to 2027 (US$ Million)

9. Electric Grill Market - Geographic Analysis
9.1 Overview
9.2 North America: Electric Grill Market
9.3 Europe: Electric Grill Market
9.4 APAC: Electric Grill Market
9.5 MEA: Electric Grill Market
9.6 SAM: Electric Grill Market

10. Impact of COVID-19 Pandemic- Electric Grill Market
10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.5 MEA: Impact Assessment of COVID-19 Pandemic
10.6 SAM: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development

12. Company Profiles
12.1 Char-Broil LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 ElectriChef
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Cuisinart
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Kenyon International, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 FIRE MAGIC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 De' Longhi Appliances S.r.l.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 ROLLER GRILL INTERNATIONAL S.A.S
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Taylor Commercial Foodservice, LLC
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Groupe SEB
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Weber-Stephen Products (HK) Ltd.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Word Index

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