Microwave ovens market revenue worldwide 2017-2027

In 2021, the global microwave oven market generated a revenue of approximately 9.75 billion U.S. dollars. According to estimates of the Statista Consumer Market Outlook, this revenue is expected to increase in the coming years to 10.63 billion U.S. dollars by 2027.

Microwave ovens market revenue worldwide from 2017 to 2027 (in billion U.S. dollars)

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Supplementary notes

A microwave oven is an electric oven that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. Microwave ovens can be categorized by installation method into freestanding and built-in models. Of the two, built-in microwaves generally provide more power and have additional ventilation. Moreover, microwave oven prices vary according to the features of a given device, ranging from microwave-only appliances (also known as solo microwaves) to combination ovens with grill, steam, and convection functions. Convection ovens without microwave functions, built-in combination ovens with grill, steam, and convection functions, as well as microwave oven accessories, such as microwave cookware and spare parts, are not included in this segment.

All figures are estimates. For further information please see the methodology of Consumer Market Outlook.

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