Germany Cooktop Market Size & Outlook, 2024-2030
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Germany cooktop market highlights
- The Germany cooktop market generated a revenue of USD 10,823.5 million in 2023 and is expected to reach USD 14,537.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, induction cooktops was the largest revenue generating type in 2023.
- Induction Cooktops is the most lucrative type segment registering the fastest growth during the forecast period.
Cooktop market data book summary
| Market revenue in 2023 | USD 10,823.5 million |
| Market revenue in 2030 | USD 14,537.6 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Induction cooktops |
| Fastest growing segment | Induction Cooktops |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gas Cooktops, Electric Cooktops, Induction Cooktops |
| Key market players worldwide | Robert Bosch Engineering & Business Solutions, Miele, Whirlpool Corp, Electrolux AB ADR, Haier Smart Home Co Ltd ADR, Samsung Electronics Co Ltd, Sub-Zero, Wolf, and Cove, Panasonic Holdings Corp, Versuni, Smeg |
Other key industry trends
- In terms of revenue, Germany accounted for 10.6% of the global cooktop market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany cooktop market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 8,168.7 million by 2030.
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Cooktop Market Scope
Cooktop Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Versuni | View profile | 5001-10000 | Amsterdam, Noord-Holland, The Netherlands, Europe | https://www.versuni.com/ |
| Miele | View profile | 10001+ | Gütersloh, Nordrhein-Westfalen, Germany, Europe | http://www.miele.com |
| Sub-Zero, Wolf, and Cove | View profile | 1001-5000 | Madison, Wisconsin, United States, North America | https://www.subzero-wolf.com/sub-zero |
| Smeg | View profile | 251-500 | Guastalla, Emilia-Romagna, Italy, Europe | https://www.smeg.com/ |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.bosch-india-software.com |
| Whirlpool Corp | View profile | 59000 | 2000 North M-63, Benton Harbor, MI, United States, 49022-2692 | https://www.whirlpoolcorp.com |
| Haier Smart Home Co Ltd ADR | View profile | 112458 | Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, China, People's Republic of, 266101 | https://smart-home.haier.com/cn |
| Electrolux AB ADR | View profile | 41869 | Street Goransgatan 143, Stadshagen, Stockholm, Sweden, SE-105 45 | https://www.electroluxgroup.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
Germany cooktop market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cooktop market will help companies and investors design strategic landscapes.
Induction cooktops was the largest segment with a revenue share of 47.08% in 2024. Horizon Databook has segmented the Germany cooktop market based on gas cooktops, electric cooktops, induction cooktops covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Germany cooktop market databook
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Our clientele includes a mix of cooktop market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany cooktop market , including forecasts for subscribers. This country databook contains high-level insights into Germany cooktop market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany Type - Cooktop Market size, 2024 - 2030 (US$M)
Germany Cooktop Market Outlook Share, 2024 & 2030 (US$M)
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