Residential Electric Grill Market Size, Share, Development by 2028

Dublin, Ireland, 2020-Feb-07 — /EPR Network/ — The residential electric grill sales exceeded 3,200 thousand units in 2018, and are forecast to record a volume growth at 7.6% in 2019, according to a new Fact.MR study. The residential electric grill sales have been influenced by a slew of factors, which range from the trend of “going smokeless” for reducing the environmental footprint, to integration of connected technologies such as Bluetooth and Wi-Fi that enable remote monitoring. However, reluctance toward electric grills remains among consumers who hold authenticity of taste obtained from gas grills in greater regard.

With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global residential electric grill market as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research.

We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding the residential electric grill market. For enhancing readers’ experience, the report starts with a basic overview about the residential electric grill market and its classification. Further, we have considered 2013 as the base year, 2028 as the estimated year, 2019 – 2028 as the stipulated timeframe.

Competitive Assessment

The residential electric grill market report includes global as well as emerging players:

  • The Middleby Corp.
  • Koninklijke Philips
  • Robert Bosch
  • Weber-Stephen Products Llc
  • Kenyon International, Inc.
  • Hamilton Beach
  • Char Broil Llc
  • Black & Decker Corporation
  • Masterbuilt Manufacturing LLC
  • Roller Grill International
  • DeLonghi SpA
  • RH Peterson Co.
  • Midea Group.

For a detailed industry outlook, Get the Report Sample at: https://www.factmr.com/connectus/sample?flag=S&rep_id=3276

The insights for each vendor consists of:

  • Company profile
  • SWOT analysis
  • Main market information
  • Market share
  • Revenue, pricing and gross margin

Regional Analysis

Important regions covered in the residential electric grill market report include:

  • North America
  • Latin America
  • Europe
  • MEA
  • East Asia
  • South Asia
  • Oceania

The residential electric grill market report also provides data regarding the key countries in the defined regions.

Segmentation Analysis

Evolving requirements of consumers have led to introduction of a variety of residential electric grills, among which built-in and portable have been significant variants. The report states that built-in electric grills have been accounting for a larger share of the market, with over 6 in 10 of overall residential electric grills sold worldwide. Built-in electric grills have gained a remarkable popularity as preferred variant among residential buyers, with indoor as well as outdoor compatibility being a value-added offering of manufacturers. Although relatively less significant compared to built-in variants, portable electric grills will witness a steady rise in sales to surpass 800 thousand units in 2019.

North America Continues to Lead Residential Electric Grill Market

Promising future has been envisaged for the barbecue industry in North America, with approximately 30% of consumers witnessed to use grilling equipment, according to the Hearth, Patio & Barbecue Association (HBPA). Grilling activities continue to gain a remarkable significance in the region, as barbecuing witnesses a rise in popularity from being a mere leisure activity to a more integral part of the consumer lifestyle. As the passion for flavorful foods becomes a pervasive trend in the region, brighter future prospects are foreseen for the residential electric grill market in North America.

The study states that nearly 70% of the consumers in North America owns grilling equipment, with 60% of Millennials stating grilling as their favorite summer activity. Additionally, approximately 35% of Millennials in the region have been witnessed to grill at home, thereby creating a lucrative consumer base for residential electric grills. The study further estimates majority of consumers in North America possess multiple accessories, alluding willingness of consumers to spend more on customized grilling experience.

What insights does the residential electric grill market report provide to the readers?

  • Residential electric grill market fragmentation on the basis of product type, end use, and region.
  • Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
  • Collaborations, R&D projects, acquisitions, and product launches of each residential electric grill market player.
  • Various regulations imposed by the governments on the consumption of residential electric grill market in detail.
  • Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global residential electric grill market.

Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM&rep_id=3276

Questionnaire answered in the residential electric grill market report include:

  • How the market for residential electric grill market has grown over the historic period of 2013-2018?
  • What is the present and future outlook of the global residential electric grill market on the basis of region?
  • What are the challenges and opportunities for the residential electric grill market?
  • Why the consumption of residential electric grill market highest in region?
  • In which year segment is expected to overtake segment?

Matched content

Editor’s pick

Express Press Release Distribution