Demand for Residential Electric Grills Soars on Back of Their Versatility and Energy-Efficiency – Fact.MR Study

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Residential Electric Grill market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Residential Electric Grill

The report offers actionable and valuable market insights of Residential Electric Grill. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Residential Electric Grill Market across various industries and regions. 

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The residential electric grill market is estimated to be valued at more than US$ 900 million, and is poised to grow at a positive CAGR of over 7% during the forecast period. Indoor use without smoking issues typically associated with conventional charcoal grills are giving a boost to the electric grill market. With a booming electronic equipment industry, the demand for residential electric grill is anticipated to showcase a bullish run. Based on the consumer trend for a pleasant, in-home grilling experience, leading companies are concentrate on integrating new features in electrical grills that allow end-users to quickly and easily cook grilled items.

This newly published and insightful report sheds light on Market Insights of Residential Electric Grill, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Residential Electric Grill Market.

In the forecast timeframe, millennials will become the largest residential electric grill utilizers globally. However, the millennial population covers a majority of the share in developed regions, such as North America and Europe.

Consumers are searching for lightweight alternatives in items of all sorts, and cooking appliances are no exception. Such factors are expected to give impetus to the residential electric grill market over the forecast period (2019-2029)

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Global Residential Electric Grill Market: In-Depth Assessment on Key Segments

The global residential electric grill market is segmented on the basis of product, power rating, cooking area, price range, application, distribution channel and region

Product	Built-in Electric Grill Portable Electric Grill Others (Smokeless, Free Standing, Roll Around)
Power Rating	<1,560 Watts <1,800 Watts >1,800 Watts
Cooking Area	Under 200 Sq. Inches 200-400 Sq. Inches
Price Range	<$ 100 $100 – $250 $251 – $300 $301 – $350 $351 – $400 $401 – $450 $451 – $500 > $500
Application	Indoor Outdoor
Distribution Channel	Home Improvement Stores Supermarkets/ Hypermarkets Kitchenware Stores Departmental Stores Online Retail Company Website Third Party Online Other Retail (Electric Shops)
Region	North America Latin America Europe East Asia South Asia Oceania Middle East & Africa

This taxonomy and the detailed TOC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.

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Product Innovation Enabling Leading Players to Hold About 2/4th of the Market Share

The global residential electric grill market is highly fragmented. The market includes a significant number of small and medium players.

Some of the leading players include The

• The Middleby Corporation
• Koninklijke Philips N.V.
• Robert Bosch GmbH
• Kenyon International Inc.
• Weber-Stephen Products LLC.

Renowned players in the residential electric grill market are focusing on evolving on the latest technology and incorporating new features in their residential electric grill offerings, such as temperature sensing technology.

Key Takeaways of the Residential Electric Grill Market Study

• Globally, North America is a prominent market for residential electric grills holding a market share of over 30%. The trend of backyard grilling is boosting the market in the region
• Consumers in the U.S. are spending more on their holidays indoors, where grilling has become a common sport
• The residential electric grill market in Latin America is expected to rise at a rapid rate (~6.5%). The demand is being driven by a growing popularity of poppers, pizza, and French toast on indoor grills in the region
• The utilization of residential electric grill for indoor use is anticipated to be the most prominent application holding a market share of over 70%
• The increasingly changing lifestyle patterns of consumers in developing economies, is leading to the such growth attributes for residential electric grill for indoor use

“In response to the increasing customer preference for grilling delicious food in the convenience of their homes, the demand for residential electric grill is accelerating. Consumers are searching for portable choices in all types of appliances, and residential electric grills are no exception” says the Fact.MR analyst

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Key Question answered in the survey of Residential Electric Grill market report:

• Sales and Demand of Residential Electric Grill
• Growth of Residential Electric Grill Market
• Market Analysis of Residential Electric Grill
• Market Insights of Residential Electric Grill
• Key Drivers Impacting the Residential Electric Grill market
• Which are the Key drivers impacted by Residential Electric Grill market
• Restraints Shaping Market Growth
• Market Survey of Residential Electric Grill

More Valuable Insights on Residential Electric Grill Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Residential Electric Grill, Sales and Demand of Residential Electric Grill, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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