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The US microwave oven market is forecast to increase by USD 606.74 million at a CAGR of 5.57% between 2023 and 2028. The US microwave oven market is witnessing significant growth, driven by the increasing consumer preference for energy-efficient cooking processes and the rising adoption of microwave ovens with technologically advanced features, such as convection models and auto-cook modes. These smart appliances cater to the fast-evolving lifestyle of Americans, enabling them to save time and cook meals quickly. Additionally, the growing trend of gifting consumer electronics during festive seasons and special occasions is further fueling the market's growth. However, concerns over radiation and insulation issues in commercial microwave ovens may pose challenges to market expansion. Retailers are addressing these concerns by promoting solo models and providing consumers with the option to download smart oven apps for precise cooking and temperature control. Overall, the US microwave oven market is poised for continued growth, driven by evolving consumer cooking habits and the introduction of innovative, energy-efficient, and technologically advanced products.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Application
8 Market Segmentation by Type
9 Customer Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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