fastest growing segment in the gas stove market with substantial revenue generation in the last couple of years.
Growing popularity of the electric gas stove is attributed to the simple operation and cost-efficiency.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America
has shown major growth in recent years owing to the rise in the implementation of latest techniques to develop
cost effective solutions, increase in the number of government subsidies and schemes, and existence of well-
established manufacturing infrastructure. Asia-Pacific region is predicted to hold major market share in the gas
stove market with massive growth in forecast period. Countries such as India, China and Singapore are leading
the Asia-Pacific market with improved living standard, increasing disposable income, favorable government
initiatives, lowered prices of cooking gas, and significant investment by leading industry players considering
potential growth opportunities in the region.
The key players in the gas stove market are Bajaj Electricals Ltd., Butterfly Gandhimathi Appliances Ltd., Franke
Faber Ltd., A2 Hosting, Inc., Glen India Ltd., Greenchef Ltd., Murugan Industries, Elica and Glen Ltd., and Padmini
Appliances
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