Asia Pacific Induction Hobs Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Asia Pacific Induction Hobs Market is Segmented by Product Type (Freestanding, Portable Induction Cooktops, and Build-in), By Application (Household and Commercial), By Distribution Channels (Supermarkets and Hypermarkets, Specialty Stores, Online, and Other Distribution Channels), By Regions (China, India, Japan, South Korea, Australia and Rest of the Asia Pacific Countries). The report offers market size and forecasts for Asia Pacific induction hobs market in value (USD Million) for all the above segments.

Asia Pacific Induction Hobs Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

APAC Induction Hobs Market Size

Asia Pacific Induction Hobs Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 5.00 %
Market Concentration Medium

Major Players

Asia Pacific Induction Hobs Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Asia Pacific Induction Hobs Market with other markets in Home and Property Improvement Industry

Kitchen Appliances

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APAC Induction Hobs Market Analysis

The Asia Pacific Induction Hobs Market is expected to register a CAGR of greater than 5% during the forecast period.

Asia was the primary contributor with 2.5% of the global increase in clean cooking availability over the past ten years, Asia was the primary contributor. 90% of Asians will have access to pure cooking methods by 2030. More significantly, during the forecast period, the induction stove market is expected to multiply in Asia-Pacific. The region's concentration of top consumer induction cooktop suppliers is a significant contributing factor. According to experts, induction and electric appliances will account for 100% of the revenue of the top six cooktop manufacturers by 2030. Local manufacturers like Bajaj in India, which provide induction stoves at costs that most people find cheap, will also be a significant factor in the move. The assessment period is projected to significantly increase the number of small and medium-sized manufacturing units in developing countries like China, India, and Japan.

Inductions Hobs work on electromagnetism, which provides energy-efficient solutions to customers. As opposed to all other hobs on the market, induction hobs heat the pan directly rather than the hob ring. A magnetic field is activated beneath an induction hob's surface when turned on. The circuit is finished when a pan is placed on the stove, heating the pan's base. Because of this, induction cooking is quick and effective. Every other hob warms the ring, the pan, and the food. However, the process is eliminated by induction.

The fastest method of cooking in the market is induction. It can even outperform a kettle at heating water since it moves faster than gas. The market experienced a boost from several changes, such as kitchen appliance makers upgrading outdated mechanical controls and displays to reduce after-sale costs. Additionally, the market graph may experience a considerable uptick during the projection period because of the rising demand for environmentally friendly appliances and improved access to electricity. In addition, rising demand for modular kitchens is anticipated to support induction hob demand. The advantages of induction hobs, such as their speed, responsiveness, energy efficiency, and convenience of use, have significantly fueled the market's growth.

When compared to conventional electric cooktops, induction cooking has a potential energy savings of between 5% and 20%, and it has an energy savings of over 65% compared to gas.

APAC Induction Hobs Industry Overview

The Asia Pacific induction hobs market is very competitive with domestic and foreign competitors. The players are occupying the established space in a fragmented market. Businesses are shifting to selling their goods online as e-commerce grows. A few companies, Bosch, General Electric, and Whirlpool Corporation, dominate the market.

APAC Induction Hobs Market Leaders

  1. Bosch

  2. Whirlpool Corporation

  3. Samsung

  4. True Induction

  5. Panasonic Corporation

  6. *Disclaimer: Major Players sorted in no particular order
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APAC Induction Hobs Market News

  • In August 2022, Kent RO Systems Ltd, based in India, launched the KENT Jewel Induction Cooktop. The product features 2000W power consumption and eight preset menus, including fry, roti, curry, soup, water, keep warm, rice, and milk boiling.
  • In August 2021, Smeg announced the launch of the Area Induction Hob. It is considered the most intelligent hob product with features such as smart-follow-pot technology, which uses 38 sensors to recognize the individual pans on the hob. The induction has a capacity of 12 pans of varying sizes without any predetermined cooking zones.

APAC Induction Hobs Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS AND INSIGHTS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Industry Attractiveness - Porters' Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitutes
    • 4.4.5 Intensity of Competitive Rivalry
  • 4.5 Impact of COVID-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Freestanding
    • 5.1.2 Portable Induction Cooktops
    • 5.1.3 Build - In
  • 5.2 Distribution Channel
    • 5.2.1 Home Centres
    • 5.2.2 Speciality Stores
    • 5.2.3 Online
    • 5.2.4 Other Distribution Channels
  • 5.3 Application
    • 5.3.1 Household
    • 5.3.2 Commercial
  • 5.4 Geography
    • 5.4.1 Japan
    • 5.4.2 China
    • 5.4.3 India
    • 5.4.4 South Korea
    • 5.4.5 Australia
    • 5.4.6 Rest of Asia Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Bosch
    • 6.1.2 Whirlpool Corporation
    • 6.1.3 Samsung
    • 6.1.4 True Induction
    • 6.1.5 Panasonic Corporation
    • 6.1.6 LG Electronics
    • 6.1.7 Electrolux
    • 6.1.8 IFB
    • 6.1.9 Fotile
    • 6.1.10 Prestige
    • 6.1.11 Robam*
  • *List Not Exhaustive

7. FUTURE OF THE MARKET

8. DISCLAIMER

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APAC Induction Hobs Industry Segmentation

The report provides a thorough background analysis of the Asia Pacific induction hobs market, including a qualitative and quantitative evaluation, emerging market trends by segments, essential changes in the market dynamics, and a market overview. 

The Asia Pacific induction hobs market is segmented by product type (freestanding, portable induction cooktops and build-in), by application (household and commercial), by distribution channels (supermarkets and hypermarkets, specialty stores, online, and other distribution channels), by regions (China, India, Japan, South Korea, Australia and Rest of the Asia Pacific countries). The report offers Market size and forecasts for Asia Pacific Induction Hobs Market in value (USD Million) for all the above segments.

Type Freestanding
Portable Induction Cooktops
Build - In
Distribution Channel Home Centres
Speciality Stores
Online
Other Distribution Channels
Application Household
Commercial
Geography Japan
China
India
South Korea
Australia
Rest of Asia Pacific
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APAC Induction Hobs Market Research FAQs

What is the current Asia Pacific Induction Hobs Market size?

The Asia Pacific Induction Hobs Market is projected to register a CAGR of greater than 5% during the forecast period (2025-2030)

Who are the key players in Asia Pacific Induction Hobs Market?

Bosch, Whirlpool Corporation, Samsung, True Induction and Panasonic Corporation are the major companies operating in the Asia Pacific Induction Hobs Market.

What years does this Asia Pacific Induction Hobs Market cover?

The report covers the Asia Pacific Induction Hobs Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia Pacific Induction Hobs Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Asia Pacific Induction Hobs Industry Report

Statistics for the 2025 Asia Pacific Induction Hobs market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Induction Hobs analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.