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The electric grill market size is forecast to increase by USD 1 billion at a CAGR of 4.44% between 2023 and 2028. The market is experiencing significant growth, driven by the rising trend of cookouts on weekends and holidays. This trend is particularly prevalent in residential settings, leading to an increase in the launch of new residential electric grills. However, the market faces challenges from substitutes such as gas grills and traditional stovetop grills. Despite this, the convenience and ease of use offered by electric grills make them an attractive option for consumers. Additionally, advancements in technology, including smart grills and portable options, are expanding the market's reach and increasing its appeal to a wider audience. Overall, the market is poised for continued growth, fueled by consumer demand and technological innovation.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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