Household Induction Heating Rice Cooker Market, Global Outlook and Forecast 2024-2030
The global Household Induction Heating Rice Cooker market size was valued at US$ 4.56 billion in 2024 and is projected to reach US$ 6.78 billion by 2030, at a CAGR of 6.8% during the forecast period 2024-2030.
The United States Household Induction Heating Rice Cooker market size was valued at US$ 567.8 million in 2024 and is projected to reach US$ 812.4 million by 2030, at a CAGR of 6.2% during the forecast period 2024-2030.
Household Induction Heating Rice Cookers use electromagnetic heating technology for precise temperature control and efficient cooking, designed specifically for home use.
The global market is growing steadily, driven by smart home adoption and cooking automation trends. In 2023, unit sales reached 35 million globally, with Asian households accounting for 75% of demand. The market saw a 35% increase in smart feature adoption in 2023. 5-cup capacity models dominate with a 50% market share, while large capacity models are growing at 10% annually. Asia Pacific leads with a 70% market share and is the fastest-growing region at 7.5% CAGR. The industry is focusing on developing AI cooking algorithms, with a 40% growth in R&D investments for cooking precision.
Report Overview
IH (Induction Heating) rice cookers are becoming more mainstream these days. The IH rice cooker uses electromagnetic power and the internal pot itself heats up well in high temperatures. In this way, the whole pot gets hot equally and speed high heating with high pressure will happen.
This report provides a deep insight into the global Household Induction Heating Rice Cooker market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Household Induction Heating Rice Cooker Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Household Induction Heating Rice Cooker market in any manner.
Global Household Induction Heating Rice Cooker Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Midea
Joyoung
SUPOR(SEB)
PHILIPS
ZO JIRUSHI
Cuckoo
TIGER
CUCHEN
Panasonic
Mitsubishi
Market Segmentation (by Type)
2L
3L
4L
5L
>7L
Market Segmentation (by Application)
Online
Offline
Geographic Segmentation
