PUBLISHER: Persistence Market Research | PRODUCT CODE: 1635793
PUBLISHER: Persistence Market Research | PRODUCT CODE: 1635793
Residential Hobs Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025 - 2032
Persistence Market Research has recently published an insightful report on the global Residential Hobs Market. This comprehensive study provides a thorough analysis of the market dynamics, including key drivers, trends, challenges, and opportunities, offering a detailed outlook on the growth trajectory of the market from 2025 to 2032.
Key Insights:
- Residential Hobs Market Size (2025E): USD 22.5 Billion
- Projected Market Value (2032F): USD 37 Billion
- Global Market Growth Rate (CAGR 2025 to 2032): 7.30%
Residential Hobs Market - Report Scope:
Residential hobs are essential kitchen appliances used for cooking and food preparation in residential settings. They come in various types, including electric, gas, and induction, with increasing popularity of induction hobs due to their energy efficiency and sleek design. The market for residential hobs is driven by factors such as the growing demand for energy-efficient cooking appliances, rising disposable incomes, and consumer preference for advanced, easy-to-use kitchen technologies.
Market Growth Drivers:
The global residential hobs market is being propelled by several key factors. A major driver is the increasing demand for energy-efficient and modern cooking solutions, as consumers seek smarter appliances that provide faster cooking times and energy savings. Induction hobs, in particular, have gained traction due to their energy efficiency, precise heat control, and safety features. Furthermore, rising urbanization and the growing number of middle-class households in developing regions are contributing to the demand for advanced kitchen appliances, further fueling market growth.
Market Restraints:
While the residential hobs market presents promising growth prospects, several challenges could limit its expansion. One of the primary constraints is the high initial cost of advanced cooking technologies, such as induction hobs, which may deter some consumers from making the switch from traditional gas or electric hobs. Additionally, the availability of limited electricity infrastructure in some regions could pose challenges for the widespread adoption of induction hobs, as they require specific electrical setups. Moreover, competition from other kitchen appliances and cooking technologies may impact the growth rate of residential hobs.
Market Opportunities:
The residential hobs market offers substantial growth opportunities, particularly in emerging economies where urbanization and disposable incomes are on the rise. The integration of smart technologies, such as Wi-Fi connectivity and voice control, into residential hobs is a key opportunity for market players. Furthermore, as consumers become more conscious of energy consumption and sustainability, the demand for energy-efficient hobs is expected to grow. Manufacturers can capitalize on this opportunity by innovating in eco-friendly designs and promoting the long-term savings benefits of energy-efficient hobs.
Key Questions Answered in the Report:
- What are the key factors driving the growth of the residential hobs market globally?
- What are the major types of residential hobs, and how do they compare in terms of energy efficiency, cost, and consumer preference?
- How do advanced technologies, such as induction and smart features, impact the residential hobs market?
- Who are the leading players in the residential hobs market, and what strategies are they adopting to maintain their market position?
- What regional markets are expected to witness the highest growth in the residential hobs sector?
Competitive Intelligence and Business Strategy:
Leading players in the global residential hobs market, including brands like Bosch, Siemens, and Whirlpool, are focusing on technological innovation, product differentiation, and strategic partnerships to enhance their market presence. These companies are heavily investing in research and development to introduce hobs with improved functionality, such as touch controls, induction heating, and integrated smart features. Partnerships with home appliance retailers and energy-efficient certification bodies are also key strategies being employed to expand their market reach. By addressing consumer demand for modern, energy-efficient solutions, these market leaders aim to solidify their position in the competitive residential hobs market.
Key Companies Profiled:
- Whirlpool Corporation
- AB Electrolux
- Samsung Electronics Co. Ltd.
- Midea Group Co., Ltd.
- Siemens AG
- Robert Bosch GmbH
- Haier Group Corporation
- Arcelik A.S.
- Panasonic Corporation
- Miele & Cie. Kg
- IFB Industries Limited
Residential Hobs Market Research Segmentation
By Product Type:
- Gas Hobs
- Induction Hobs
By Price Range:
- Low Range
- Medium Range
- High Range
By Number of Burner/Induction Zones:
- Two
- Three
By Sales Channel:
- Exclusive Stores
- Multi-brand Stores
- Online Stores
- Independent Stores
By Region:
- North America
- Europe
- East Asia
- South Asia & Oceania
- Latin America
- Middle East & Africa
Table of Contents
1. Executive Summary
- 1.1. Global Residential Hobs Market Snapshot, 2025 - 2032
- 1.2. Market Opportunity Assessment, 2025 - 2032, US$ Bn
- 1.3. Key Market Trends
- 1.4. Future Market Projections
- 1.5. Premium Market Insights
- 1.6. Industry Developments and Key Market Events
- 1.7. PMR Analysis and Recommendations
2. Market Overview
- 2.1. Market Scope and Definition
- 2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
- 2.3. Type Lifecycle Analysis
- 2.4. Residential Hobs Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
- 2.5. Porter Five Force's Analysis
- 2.6. Geopolitical Tensions: Market Impact
- 2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
- 2.8. Forecast Factors - Relevance and Impact
- 2.9. Regulatory and Technology Landscape
3. Global Residential Hobs Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)
- 3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
- 3.2. Market Size (US$ Bn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2019 - 2023
- 3.2.2. Current Market Size Forecast, 2025 - 2032
- 3.3. Global Residential Hobs Market Outlook: Product Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Product Type, 2019 - 2023
- 3.3.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
- 3.3.3.1. Gas Hobs
- 3.3.3.2. Induction Hobs
- 3.4. Market Attractiveness Analysis: Product Type
- 3.5. Global Residential Hobs Market Outlook: Price Range
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Price Range, 2019 - 2023
- 3.5.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2025 - 2032
- 3.5.3.1. Low Range
- 3.5.3.2. Medium Range
- 3.5.3.3. High Range
- 3.6. Market Attractiveness Analysis: Price Range
- 3.7. Global Residential Hobs Market Outlook: Number of Burner/Induction Zones
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Number of Burner/Induction Zones, 2019 - 2023
- 3.7.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Number of Burner/Induction Zones, 2025 - 2032
- 3.7.3.1. Two
- 3.7.3.2. Three
- 3.8. Market Attractiveness Analysis: Number of Burner/Induction Zones
- 3.9. Global Residential Hobs Market Outlook: Sales Channel
- 3.9.1. Introduction / Key Findings
- 3.9.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Sales Channel, 2019 - 2023
- 3.9.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Sales Channel, 2025 - 2032
- 3.9.3.1. Exclusive Stores
- 3.9.3.2. Multi-brand Stores
- 3.9.3.3. Online Stores
- 3.9.3.4. Independent Stores
- 3.9.3.5. Others
- 3.10. Market Attractiveness Analysis: Sales Channel
4. Global Residential Hobs Market Outlook: Region
- 4.1. Key Highlights
- 4.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Region, 2019 - 2023
- 4.3. Current Market Size (US$ Bn) and Volume (Units) Forecast By Region, 2025 - 2032
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
- 4.4. Market Attractiveness Analysis: Region
5. North America Residential Hobs Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)
- 5.1. Key Highlights
- 5.2. Pricing Analysis
- 5.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019 - 2023
- 5.3.1. By Country
- 5.3.2. By Product Type
- 5.3.3. By Price Range
- 5.3.4. By Number of Burner/Induction Zones
- 5.3.5. By Sales Channel
- 5.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2025 - 2032
- 5.4.1. U.S.
- 5.4.2. Canada
- 5.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
- 5.5.1. Gas Hobs
- 5.5.2. Induction Hobs
- 5.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2025 - 2032
- 5.6.1. Low Range
- 5.6.2. Medium Range
- 5.6.3. High Range
- 5.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Number of Burner/Induction Zones, 2025 - 2032
- 5.7.1. Two
- 5.7.2. Three
- 5.8. Current Market Size (US$ Bn) and Volume (Units) Forecast By Sales Channel, 2025 - 2032
- 5.8.1. Exclusive Stores
- 5.8.2. Multi-brand Stores
- 5.8.3. Online Stores
- 5.8.4. Independent Stores
- 5.8.5. Others
- 5.9. Market Attractiveness Analysis
6. Europe Residential Hobs Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)
- 6.1. Key Highlights
- 6.2. Pricing Analysis
- 6.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019 - 2023
- 6.3.1. By Country
- 6.3.2. By Product Type
- 6.3.3. By Price Range
- 6.3.4. By Number of Burner/Induction Zones
- 6.3.5. By Sales Channel
- 6.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2025 - 2032
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkey
- 6.4.8. Rest of Europe
- 6.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
- 6.5.1. Gas Hobs
- 6.5.2. Induction Hobs
- 6.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2025 - 2032
- 6.6.1. Low Range
- 6.6.2. Medium Range
- 6.6.3. High Range
- 6.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Number of Burner/Induction Zones, 2025 - 2032
- 6.7.1. Two
- 6.7.2. Three
- 6.8. Current Market Size (US$ Bn) and Volume (Units) Forecast By Sales Channel, 2025 - 2032
- 6.8.1. Exclusive stores
- 6.8.2. Multi-brand stores
- 6.8.3. Online stores
- 6.8.4. Independent stores
- 6.8.5. Others
- 6.9. Market Attractiveness Analysis
7. East Asia Residential Hobs Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)
- 7.1. Key Highlights
- 7.2. Pricing Analysis
- 7.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019 - 2023
- 7.3.1. By Country
- 7.3.2. By Product Type
- 7.3.3. By Price Range
- 7.3.4. By Number of Burner/Induction Zones
- 7.3.5. By Sales Channel
- 7.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2025 - 2032
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
- 7.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
- 7.5.1. Gas Hobs
- 7.5.2. Induction Hobs
- 7.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2025 - 2032
- 7.6.1. Low Range
- 7.6.2. Medium Range
- 7.6.3. High Range
- 7.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Number of Burner/Induction Zones, 2025 - 2032
- 7.7.1. Two
- 7.7.2. Three
- 7.8. Current Market Size (US$ Bn) and Volume (Units) Forecast By Sales Channel, 2025 - 2032
- 7.8.1. Exclusive stores
- 7.8.2. Multi-brand stores
- 7.8.3. Online stores
- 7.8.4. Independent stores
- 7.8.5. Others
- 7.9. Market Attractiveness Analysis
8. South Asia & Oceania Residential Hobs Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)
- 8.1. Key Highlights
- 8.2. Pricing Analysis
- 8.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019 - 2023
- 8.3.1. By Country
- 8.3.2. By Product Type
- 8.3.3. By Price Range
- 8.3.4. By Number of Burner/Induction Zones
- 8.3.5. By Sales Channel
- 8.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2025 - 2032
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
- 8.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
- 8.5.1. Gas Hobs
- 8.5.2. Induction Hobs
- 8.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2025 - 2032
- 8.6.1. Low Range
- 8.6.2. Medium Range
- 8.6.3. High Range
- 8.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Number of Burner/Induction Zones, 2025 - 2032
- 8.7.1. Two
- 8.7.2. Three
- 8.8. Current Market Size (US$ Bn) and Volume (Units) Forecast By Sales Channel, 2025 - 2032
- 8.8.1. Exclusive stores
- 8.8.2. Multi-brand stores
- 8.8.3. Online stores
- 8.8.4. Independent stores
- 8.8.5. Others
- 8.9. Market Attractiveness Analysis
9. Latin America Residential Hobs Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)
- 9.1. Key Highlights
- 9.2. Pricing Analysis
- 9.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019 - 2023
- 9.3.1. By Country
- 9.3.2. By Product Type
- 9.3.3. By Price Range
- 9.3.4. By Number of Burner/Induction Zones
- 9.3.5. By Sales Channel
- 9.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2025 - 2032
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
- 9.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
- 9.5.1. Gas Hobs
- 9.5.2. Induction Hobs
- 9.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2025 - 2032
- 9.6.1. Low Range
- 9.6.2. Medium Range
- 9.6.3. High Range
- 9.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Number of Burner/Induction Zones, 2025 - 2032
- 9.7.1. Two
- 9.7.2. Three
- 9.8. Current Market Size (US$ Bn) and Volume (Units) Forecast By Sales Channel, 2025 - 2032
- 9.8.1. Exclusive stores
- 9.8.2. Multi-brand stores
- 9.8.3. Online stores
- 9.8.4. Independent stores
- 9.8.5. Others
- 9.9. Market Attractiveness Analysis
10. Middle East & Africa Residential Hobs Market Outlook: Historical (2019 - 2023) and Forecast (2025 - 2032)
- 10.1. Key Highlights
- 10.2. Pricing Analysis
- 10.3. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Market, 2019 - 2023
- 10.3.1. By Country
- 10.3.2. By Product Type
- 10.3.3. By Price Range
- 10.3.4. By Number of Burner/Induction Zones
- 10.3.5. By Sales Channel
- 10.4. Current Market Size (US$ Bn) and Volume (Units) Forecast By Country, 2025 - 2032
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
- 10.5. Current Market Size (US$ Bn) and Volume (Units) Forecast By Product Type, 2025 - 2032
- 10.5.1. Gas Hobs
- 10.5.2. Induction Hobs
- 10.6. Current Market Size (US$ Bn) and Volume (Units) Forecast By Price Range, 2025 - 2032
- 10.6.1. Low Range
- 10.6.2. Medium Range
- 10.6.3. High Range
- 10.7. Current Market Size (US$ Bn) and Volume (Units) Forecast By Number of Burner/Induction Zones, 2025 - 2032
- 10.7.1. Two
- 10.7.2. Three
- 10.8. Current Market Size (US$ Bn) and Volume (Units) Forecast By Sales Channel, 2025 - 2032
- 10.8.1. Exclusive stores
- 10.8.2. Multi-brand stores
- 10.8.3. Online stores
- 10.8.4. Independent stores
- 10.8.5. Others
- 10.9. Market Attractiveness Analysis
11. Competition Landscape
- 11.1. Market Share Analysis, 2024
- 11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Induction Hobs
- 11.2.3. Apparent Product Capacity
- 11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Whirlpool Corporation
- 11.3.1.1. Overview
- 11.3.1.2. Segments and Product
- 11.3.1.3. Key Financials
- 11.3.1.4. Market Developments
- 11.3.1.5. Market Strategy
- 11.3.2. AB Electrolux
- 11.3.2.1. Overview
- 11.3.2.2. Segments and Product
- 11.3.2.3. Key Financials
- 11.3.2.4. Market Developments
- 11.3.2.5. Market Strategy
- 11.3.3. Samsung Electronics Co. Ltd.
- 11.3.3.1. Overview
- 11.3.3.2. Segments and Product
- 11.3.3.3. Key Financials
- 11.3.3.4. Market Developments
- 11.3.3.5. Market Strategy
- 11.3.4. Midea Group Co., Ltd.
- 11.3.4.1. Overview
- 11.3.4.2. Segments and Product
- 11.3.4.3. Key Financials
- 11.3.4.4. Market Developments
- 11.3.4.5. Market Strategy
- 11.3.5. Siemens AG
- 11.3.5.1. Overview
- 11.3.5.2. Segments and Product
- 11.3.5.3. Key Financials
- 11.3.5.4. Market Developments
- 11.3.5.5. Market Strategy
- 11.3.6. Robert Bosch GmbH
- 11.3.6.1. Overview
- 11.3.6.2. Segments and Product
- 11.3.6.3. Key Financials
- 11.3.6.4. Market Developments
- 11.3.6.5. Market Strategy
- 11.3.7. Haier Group Corporation
- 11.3.7.1. Overview
- 11.3.7.2. Segments and Product
- 11.3.7.3. Key Financials
- 11.3.7.4. Market Developments
- 11.3.7.5. Market Strategy
- 11.3.8. Miele & Cie. Kg
- 11.3.8.1. Overview
- 11.3.8.2. Segments and Product
- 11.3.8.3. Key Financials
- 11.3.8.4. Market Developments
- 11.3.8.5. Market Strategy
- 11.3.9. Panasonic Corporation
- 11.3.9.1. Overview
- 11.3.9.2. Segments and Product
- 11.3.9.3. Key Financials
- 11.3.9.4. Market Developments
- 11.3.9.5. Market Strategy
- 11.3.10. Arcelik A.S.
- 11.3.10.1. Overview
- 11.3.10.2. Segments and Product
- 11.3.10.3. Key Financials
- 11.3.10.4. Market Developments
- 11.3.10.5. Market Strategy
- 11.3.11. IFB Industries Limited
- 11.3.11.1. Overview
- 11.3.11.2. Segments and Product
- 11.3.11.3. Key Financials
- 11.3.11.4. Market Developments
- 11.3.11.5. Market Strategy
- 11.3.12. Others
- 11.3.1. Whirlpool Corporation
12. Appendix
- 12.1. Research Methodology
- 12.2. Research Assumptions
- 12.3. Acronyms and Abbreviations
