Global Induction Cooking Market Production, Consumption, and Growth Research from 2025 to 2030 By Type, Application, Region, and Player

1. Global Induction Cooking Market Overview

By 2025, the production of induction cooking appliances is projected to reach 47,783 K Units with a CAGR of 4.87% from 2025 to 2030.

The induction cooking market is defined by its innovative technology, which allows for efficient and precise heat control. Induction cooktops operate on the principle of magnetic field induction eddy current heating, where the magnetic field generated by the current flowing through the coil heats the bottom of the pot directly, enhancing thermal efficiency. This technology not only offers faster cooking times but also provides a safer and more energy-efficient cooking experience compared to traditional gas or electric stoves.

Global Induction Cooking Market Sales (K Units ) in 2025

2. Driving Factors of Market Growth

The growth of the induction cooking market is propelled by several key factors. Firstly, the increasing awareness of energy efficiency and environmental sustainability has led consumers to prefer induction cooktops, which are known for their lower energy consumption and reduced carbon footprint.

Secondly, the rapid urbanization in the Asia-Pacific region, coupled with rising per capita income, has resulted in a growing demand for modern kitchen appliances, including induction cookers. The younger generation, in particular, is driving this trend as they seek convenient and technologically advanced cooking solutions.

Additionally, the development of 5G and the Internet of Things (IoT) has enabled the integration of smart features into induction cooktops, such as remote control and recipe suggestions, further enhancing their appeal to tech-savvy consumers.

3. Limiting Factors of Market Growth

Despite the positive outlook, there are also limiting factors that could hinder the market’s growth. One of the primary challenges is the relatively high initial cost of induction cooktops, which may deter budget-conscious consumers. Additionally, the need for compatible cookware can be a barrier to entry for some potential buyers. Furthermore, in regions where the electricity supply is unreliable or where there is a lack of awareness about the benefits of induction cooking, market penetration can be slow. Lastly, the global economic downturn caused by the COVID-19 pandemic has affected consumer spending, particularly in the discretionary goods category, which includes high-end kitchen appliances like induction cooktops.

However, as economies recover and consumer confidence returns, these limiting factors are expected to diminish, paving the way for continued growth in the market.

4. Global Induction Cooking Market Segment

Product Types

The global induction cooking market is segmented into two primary product types: Touch Screen Type and Touchtone Type.

By 2025, the production of Touch Screen Type induction cookers is forecasted to reach 12,967 K Units, while the Touchtone Type is expected to have a production volume of 34,816 K Units. The Touchtone Type holds the largest market share, accounting for 72.86% of the total market, with the Touch Screen Type making up the remaining 27.14%. In terms of growth rate, the Touch Screen Type is growing at a slightly faster pace, reflecting a CAGR that is marginally higher than that of the Touchtone Type.

This indicates that while the Touchtone Type currently dominates the market in terms of volume, the Touch Screen Type is gaining popularity and is expected to continue growing at a quicker rate. The Touch Screen Type’s growth can be attributed to its user-friendly interface and advanced features, which appeal to consumers seeking a more modern and interactive cooking experience.

Applications

The induction cooking market serves two main applications: Home Use and Commercial Use. In 2025, the market consumption for Home Use is projected to be 43,483 K Units, while Commercial Use is expected to reach 4,300 K Units. Home Use clearly has the largest market share, accounting for 91.00% of the total market, with Commercial Use making up the remaining 9.00%. The growth rate for Home Use is slightly slower compared to Commercial Use, with Commercial Use showing a faster growth rate. This suggests that while the majority of induction cookers are used in homes, the commercial sector is rapidly adopting induction cooking technology, likely due to its energy efficiency and precise temperature control, which are beneficial for professional kitchens.

The increasing demand in the commercial sector indicates a growing recognition of the benefits of induction cooking in restaurants, hotels, and other food service establishments, where consistent and efficient cooking is crucial.

5. Regional Induction Cooking Market Consumption Analysis

The global market is expected to witness varied consumption patterns across different regions by 2025.

The Asia-Pacific region is anticipated to lead in terms of market consumption, with a significant number of 29776 K Units being utilized in 2025. This region’s dominance can be attributed to its large population, rapid urbanization, and increasing disposable income, which drive the demand for modern kitchen appliances. The region’s market is also bolstered by the growing awareness of energy efficiency and the benefits of induction cooking technology.

Following the Asia-Pacific region, Europe is expected to hold a considerable share with a consumption of 7772 K Units. The European market’s strength lies in its mature consumer base and the high penetration of induction cooking appliances. The region’s consumers are known for their preference for quality and efficiency, which aligns well with the features of induction cookers. Additionally, the push towards sustainable living and energy conservation in Europe further supports the market’s growth.

North America, with the United States as a major market driver, is also expected to consume 6987 K Units of induction cooking. The region’s market is characterized by a high level of consumer awareness and a strong emphasis on technological advancements. The demand for induction cookers in North America is driven by the desire for energy-efficient and smart kitchen solutions.

The Middle East and Africa, as well as South America, are expected to show growth in market consumption, albeit at a slower pace compared to the aforementioned regions. These regions’ markets are influenced by factors such as economic development, urbanization, and the increasing availability of electricity. As these regions continue to develop, the demand for induction cooking appliances is expected to rise, presenting new opportunities for market expansion.

Global Induction Cooking Sales (K Units) by Regions in 2025

6. Top 3 Companies in the Induction Cooking Market

BSH Hausgeräte GmbH

Company Introduction and Business Overview: BSH Hausgeräte GmbH, established in 1967, is a leading manufacturer of home appliances with a global sales network. The company is known for its wide range of products, including refrigerators, dishwashers, and cooking appliances. BSH Hausgeräte GmbH is headquartered in Munich, Germany, and operates manufacturing plants across Europe, the USA, Latin America, and Asia.

Products Offered: BSH Hausgeräte GmbH offers a variety of induction cooking products, such as the Bosch Benchmark® Series induction cooktops, which feature FlexInduction® technology. This technology allows users to combine two cooking zones to fit large pans, ensuring even cooking regardless of the pan size.

In 2020, BSH Hausgeräte GmbH reported a value of 545.12 million USD in the market, with a gross margin of 31.87%.

Whirlpool

Company Introduction and Business Overview: Whirlpool, founded in 1919, is a major player in the home appliances market. The company manufactures and markets a wide range of products, including laundry appliances, refrigeration, cooking appliances, and dishwashers. Whirlpool is headquartered in the United States and has manufacturing plants in the US, Europe, South Africa, and China.

Products Offered: Whirlpool’s induction cooking product line includes the SMP658CNEIXL, a 65cm W Collection Fully Integrated Induction Cooker. This cooker features 18 firepower options, FlexiFull fully integrated hob cooking, and 63 cooking modes with preset recipes.

In 2020, Whirlpool’s market value reached 464.56 million USD, with a gross margin of 34.56%.

Midea

Midea Group Co. Ltd., established in 1968, is a Chinese multinational company that manufactures and markets household electrical appliances, compressors, and components. Midea is known for its innovation and commitment to providing high-quality products and services globally.

Products Offered: Midea’s induction cooking products are designed with features such as 4D waterproof design, 3H timed unattended cooking, and variable-frequency speed-regulating fans. These features enhance the user experience by providing convenience and energy efficiency.

In 2020, Midea’s market value was 374.26 million USD, with a gross margin of 25.80%.

These top three companies in the market are not only significant in terms of their market share but also in their contribution to the advancement of induction cooking technology. Their products and services cater to a wide range of consumer needs, from home use to commercial applications, and their continued innovation is expected to drive the market forward.

Major Players