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According to a market report by Lucintel, the future of the microwave market in the US looks promising with opportunities in the supermarkets/hypermarkets, department stores, and e-retail markets. The major drivers for this market are rise in disposable income, rise in working population, and increasing demand for frozen and ready-to-eat food.

In this market, convection, grill, and solo microwave are used for commercial and household use. Convection microwave is expected to remain the largest segment over the forecast period due to its functions that combines microwave and convection function of oven allowing users to roast, bake, and heat the food items.

Commercial is expected to witness the highest growth over the forecast period due to growing demand in corporates, shops, and increase in number of hotels, restaurants and cafes.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the microwave market in the US by product type, structure, end use and distribution channel and has compiled a comprehensive research report titled “Growth Opportunities for the Microwave Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the microwave market in the US by product type, structure, end use, and distribution channel as follows:

By Product Type [$ Million Shipment Analysis from 2015 to 2026]:



  • Convection


  • Grill


  • Solo


By Structure [$ Million Shipment Analysis 2015 to 2026]:



  • Built In


  • Countertop


By End Use [$ Million Shipment Analysis 2015 to 2026]:



  • Commercial


  • Household


By Distribution Channel [$ Million Shipment Analysis from 2015 to 2026]:



  • Supermarkets/Hypermarkets


  • Department Stores


  • E-retailer


  • Others


 

This more than 50-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link www.lucintel.com/United-States/opportunities-for-the-microwave.aspx or   helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.