United States Microwave Oven Market to be valued at around USD9400 Million by 2026F

United States Microwave Oven Market is driven by various factors such as changing consumer lifestyles and food habits, technological advancements, including the rise of smart microwave ovens, and the expanding commercial applications in the foodservice and healthcare sectors.

 

According to TechSci Research report, “United States Microwave Oven Market – By Region, Competition, Forecast and Opportunities, 2018-2028F”, the United States Microwave Oven Market stood at USD 9.56 billion in 2022 and is anticipated to grow with a CAGR of 5.6% in the forecast period, 2024-2028. The United States microwave oven market is a dynamic and ever-evolving sector of the appliance industry, shaped by technological advancements, consumer demands, and economic factors.

The history of microwave ovens in the United States dates back to the mid-20th century when they were first introduced as revolutionary kitchen appliances. The concept of using microwaves to heat food emerged from military radar technology, and the first commercially available microwave oven, the Radarange, was introduced by Raytheon in 1947. However, these early microwave ovens were bulky, expensive, and primarily used in industrial and commercial settings.

It wasn't until the late 1960s and early 1970s that microwave ovens began to gain popularity in American households. Smaller and more affordable models were introduced, and consumers embraced the convenience of quick food reheating and cooking. Since then, microwave ovens have become a staple in kitchens across the country, fundamentally changing the way Americans prepare and consume food.

The U.S. microwave oven market is characterized by several key dynamics. First and foremost is the sheer ubiquity of microwave ovens in American households. These appliances are no longer considered luxury items but essential tools for cooking, reheating, and defrosting food. This widespread adoption has created a consistent and substantial demand for microwave ovens.

Consumer preferences and lifestyle changes also play a significant role in shaping the market. As busy lifestyles become more common, there is a growing emphasis on convenience and time-saving features in microwave ovens. Manufacturers are responding by developing innovative models with features such as sensor cooking, convection cooking, and smart technology that allows remote control and monitoring.

Competition among manufacturers is fierce in the microwave oven market. Major players include corporations like Whirlpool, Panasonic, Samsung, LG, and Breville. These companies offer a wide range of microwave ovens with varying sizes, capacities, and features, catering to the diverse needs of consumers. As a result, consumers have an extensive array of choices when selecting a microwave oven, from compact countertop models to built-in units that seamlessly integrate with kitchen cabinetry.

Technological advancements continue to drive the microwave oven market. In recent years, there has been a growing focus on energy efficiency and sustainability. Manufacturers are designing models with improved insulation, reduced standby power consumption, and more eco-friendly materials. This shift aligns with both consumer demand for environmentally responsible appliances and regulatory standards aimed at reducing energy consumption.

Technological innovations have been instrumental in shaping the U.S. microwave oven market. One of the most notable developments is sensor cooking technology. Sensor cooking uses humidity and temperature sensors to automatically adjust cooking times and power levels, ensuring that food is cooked or reheated evenly without overcooking or undercooking. This feature has significantly enhanced the cooking experience, eliminating the need for manual adjustments and guesswork.

Another noteworthy innovation is convection microwave ovens. These appliances combine microwave technology with convection cooking, which uses a fan and heating element to circulate hot air around the food. This results in faster, more even cooking and browning, making convection microwaves suitable for baking and roasting in addition to the usual microwave functions.

Furthermore, the integration of smart technology into microwave ovens is transforming the way consumers interact with these appliances. Smart microwaves can be controlled and monitored remotely via smartphone apps, allowing users to start or stop cooking, adjust settings, and receive notifications when their food is ready. This connectivity enhances convenience and flexibility in food preparation.

 

Browse over XX market data Figures spread through 83 Pages and an in-depth TOC on "United States Microwave Oven Market”

 

The future of the U.S. microwave oven market is promising, with several key trends on the horizon. Energy efficiency will continue to be a driving force, with consumers and regulatory agencies pushing for appliances that consume less power. Manufacturers will focus on improving insulation, standby power consumption, and overall efficiency to meet these demands.

The role of smart technology is expected to grow, with more microwave ovens incorporating Wi-Fi connectivity, voice control, and integration with other smart home devices. This connectivity will provide users with greater control and customization options, further enhancing the convenience of microwave oven use.

Consumer preferences for healthier eating will also influence the market. Manufacturers are likely to introduce features that promote healthier cooking, such as steam cooking functions and presets for specific types of food. As people become more health-conscious, microwave ovens can become valuable tools for preparing nutritious meals.

The United States microwave oven market is segmented into product, application, structure, distribution channel, and region.

Based on product, the market is segmented into convection, grill and solo. Among these, convection has a significant share in the United States microwave oven market. One of the key drivers of convection microwave oven adoption is their multifunctionality. These ovens can perform traditional microwave tasks like reheating and defrosting with the added advantage of convection cooking capabilities. Convection technology uses a fan and heating element to circulate hot air within the oven, providing even cooking and browning. This feature makes convection microwaves suitable for baking, roasting, and grilling in addition to the rapid heating and cooking of traditional microwaves.

Based on region, the market is segmented into South, West, Mid-West, North-East. Among these, South has a significant share in the United States microwave oven market. The South is home to a large and diverse population, and consumer demand for microwave ovens in this region is substantial. These appliances have become a fundamental part of daily life, catering to the needs of households, restaurants, and various businesses. The South's significant consumer base ensures a consistent demand for microwave ovens.

 

Key market players in the United States Microwave Oven market include:

• Whirlpool Corporation
• Electrolux Home Products, Inc.
• Samsung Electronics America, Inc.
• BSH Home Appliances Corporation
• LG Electronics USA, Inc.
• Haier U.S. Appliance Solutions, Inc.
• Panasonic Corporation of North America
• ILLINOIS TOOL WORKS INC.
• Sharp Electronics Corporation
• Breville USA, Inc.  

 

Download Free Sample Report

Customers can also request 10% free customization in this report.

 

“United States microwave oven market is a dynamic sector of the appliance industry, characterized by evolving consumer preferences, technological innovations, and a strong emphasis on convenience and sustainability. With continued advancements in energy efficiency, the integration of smart technology, and a focus on healthier cooking options, the future holds exciting prospects for this essential kitchen appliance. As consumer demands and environmental concerns drive innovation, microwave ovens will remain a vital and ever-improving part of American households and kitchens.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based Global management consulting firm.

“United States Microwave Oven Market Segmented By Product (Convection, Grill and Solo), By Application (Household and Commercial), By Structure (Free-Standing and Built-In), By Distribution Channel (Store Based, Non-Store Based), By Region, Competition, Forecast and Opportunities, 2018-2028F, has evaluated the future growth potential of United States microwave oven market and provides statistics and information on market structure, size, share, and future growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the United States microwave oven market.

 

Contact

Mr. Ken Mathews

Techsci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170                   

Tel: +13322586602

Email: [email protected]

Website: www.techsciresearch.com