The global Electric Grill Market is estimated to grow at a CAGR of over 6% during the forecast period (2020-2026).
Major Players in the market contains Weber-Stephen Products LLC, Middleby Corporation, Taylor Company, Roller gril international, Holland Grill Company Inc., Dimplex North America Limited, De’Longhi SpA, Coleman Company, Inc., and Midea Group.
Connected electric grills, such as Weber’s line of IGrills, that feature Bluetooth connectivity have witnessed a rise in momentum as they facilitate instant and remote monitoring of grilling activities. However, high cost of these electric grills has confined their penetration to high-income consumers. Manufacturers such as Weber are therefore taking development efforts toward production of cost-effective connected electric grills, in a bid to tap the potential of developing markets.
Nov. 4, 2020-- The Middleby Corporation launched Bluezone by Middleby, a patented, advanced technology for indoor air purification. Middleby recently entered into an exclusive licensing agreement and made an investment in Bluezone Products Inc., the developer of the no-filter air purification system used by the U.S. military that destroys 99.9995% of viruses and other indoor contaminants such as bacteria, mold and gases impacting indoor air quality.
Market Segmentation is classified on the basis of type has indoor grill and outdoor grill. By application it has been segmented into commercial and residential use. By Region it has segmented into North America, Europe, ASPAC and LAMEA. North America is leading in the market due to holding above 30% share in the market. The demand for electrical appliances is growing steadily among the North American population, which is majorly due to the increase in awareness of environmental degradation caused by the burning of gas, coal, or wood. This is leading the population to opt for electrical products, including electric grills. This factor is a crucial driver for the electric grill market in the region. The Bluetooth and Wi-Fi-integrated electric grills are gaining the center stage among wealthy consumers in the region. The electric grills are anticipated to witness an increased demand in the near future in APAC owing to its versatility for indoor and outdoor use and energy-efficient attributes.
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