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The US Microwave Oven Market Report is Segmented by Product (Solo, Grill, and More), Structure (Countertop, Built-In, and More), Control Feature (Button Controls, and Dial Controls), Capacity (Up To 19 Litres, 20 To 24 Litres, and More), Application (Residential, and Commercial), Distribution Channel (B2C, and B2B), Geography (Northeast, Southeast, Midwest, and More). The Market Forecasts are Provided in Terms of Value (USD).
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United States Microwave Oven Market was valued at USD 9.89 billion in 2024 and is anticipated to grow USD 13.75 billion by 2030 with a CAGR of 5.71%
Pages | 81 |
Market Size | 2024: USD 9.89 Billion |
Forecast Market Size | 2030: USD 13.75 Billion |
CAGR | 2025-2030: 5.71% |
Fastest Growing Segment | Built-In |
Largest Market | South |
Key Players | 1. Whirlpool Corporation 2. Electrolux Home Products, Inc. 3. Samsung Electronics America, Inc. 4. BSH Home Appliances Corporation 5. LG Electronics USA, Inc. 6. Haier U.S. Appliance Solutions, Inc. 7. Panasonic Corporation of North America 8. Illinois Tool Works Inc. 9. Sharp Electronics Corporation 10. Breville USA, Inc. |
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The United States of America Microwave Oven market was valued at more than USD 2.50 Billion in 2022.
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Learn about the forecasted growth of the microwave oven market in the United States over the next decade, driven by increasing demand. Market volume is expected to reach 20M units by 2035, with a projected market value of $1.5B in nominal prices.
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Explore the rising demand for microwave ovens in the United States and the projected market growth over the next decade. Market performance is expected to gradually increase in both volume and value terms, with an anticipated CAGR for the period from 2024 to 2035.
The average revenue per household in the 'Microwave Ovens' segment of the household appliances market in the United States was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+***** percent). After the ****** consecutive increasing year, the average revenue per household is estimated to reach ***** U.S. dollars and therefore a new peak in 2030. Find more key insights for the average revenue per household in countries and regions like the revenue in the 'Microwave Ovens' segment of the household appliances market in Europe and the average revenue per household in the 'Cookers & Ovens' segment of the household appliances market in Europe. The Statista Market Insights cover a broad range of additional markets.
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The United States microwave oven market size reached approximately USD 2.07 Billion in 2024. The market is projected to grow at a CAGR of 3.60% between 2025 and 2034, reaching a value of around USD 2.95 Billion by 2034.
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This industry manufactures microwave ovens that are sold for household use.
The revenue in the 'Microwave Ovens' segment of the household appliances market in Europe was forecast to continuously increase between 2025 and 2030 by in total *** billion euro (+***** percent). After the eighth consecutive increasing year, the revenue is estimated to reach *** billion euro and therefore a new peak in 2030. Find more key insights for the revenue in countries and regions like the average revenue per household in the 'Microwave Ovens' segment of the household appliances market in the United States and the average revenue per household in the 'Cookers & Ovens' segment of the household appliances market in Europe. The Statista Market Insights cover a broad range of additional markets.
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US Multi-Functional Oven Market size was valued at USD 1.3 Billion in 2024 and is expected to reach USD 1.5 Billion by 2032, growing at a CAGR of 2.3% from 2025 to 2032.
Key Market Drivers
Growing Adoption of Smart Home Technology: The increased integration of smart home technology is driving the US Multi-Functional Oven Market. With 69% of American families possessing at least one smart device, there is an increased demand for connected appliances, such as multifunctional ovens. The U.S. Census Bureau finds a 45% year-over-year increase in smart kitchen appliances. Consumers are increasingly looking for ovens that can be managed remotely using smartphones and incorporated into their smart home systems. The trend toward internet-connected cooking equipment is propelling market growth.
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The global commercial microwave ovens market is projected to grow from approximately USD 2.32 billion in 2025 to USD 3.47 billion by 2035, reflecting a CAGR of 4.1% over the forecast period.
Attributes | Description |
---|---|
Estimated Commercial Microwave Ovens Market Size (2025E) | USD 2.32 billion |
Projected Commercial Microwave Ovens Market Value (2035F) | USD 3.47 billion |
Value-based CAGR (2025 to 2035) | 4.10% |
Country-wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
United States | 4.4% |
Country | CAGR (2025 to 2035) |
---|---|
United Kingdom | 3.8% |
Country | CAGR (2025 to 2035) |
---|---|
European Union | 4.0% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 3.7% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 4.2% |
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product market has been steadily increasing over recent years, and forecasts suggest a substantial growth trajectory in the upcoming period.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2031 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2018-2022 |
UNIT | VALUE (USD MILLION) |
KEY COMPANIES PROFILED | Samsung, Daewoo, Electrolux, BSH (Bosch & Siemens), Galanz, Midea, Haier Group, Groupe SEB, SHARP, LG, Brandt, Toshiba, Breville, Alto-Shaam, Xiaomi, Miele, Smeg, ITW Food Equipment Group |
SEGMENTS COVERED | By Product Type - Counter-top Microwave Ovens, Built-in Microwave Ovens By Application - Household Use, Commercial Use By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa |
The statistic illustrates the market share of major microwave oven manufactures in the United States in 2008. In 2008, Samsung hold 15 percent of the microwave oven market in the United States.
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Statistics illustrates market overview of microwave ovens in the United States from 2007 to 2024.
The global revenue in the 'Microwave Ovens' segment of the household appliances market was forecast to continuously increase between 2025 and 2030 by in total *** billion U.S. dollars (+***** percent). After the eighth consecutive increasing year, the revenue is estimated to reach **** billion U.S. dollars and therefore a new peak in 2030. Find more in-depth information regarding the average price per unit (PPU) concerning the grills & roasters segment of the household appliances market in the United States and the revenue concerning the grills & roasters segment of the household appliances market in the United Kingdom. The Statista Market Insights cover a broad range of additional markets.
Comprehensive dataset of 1,206 Microwave oven repair services in United States as of June, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.
Comprehensive dataset of 207 Microwave oven repair services in California, United States as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.
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The U.S. microwave oven market contracted slightly to $1.4B in 2024, waning by -3.3% against the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2024; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $1.5B in 2022; however, from 2023 to 2024, consumption failed to regain momentum.
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Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2017-2030 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2025-2030 |
HISTORICAL PERIOD | 2017-2024 |
UNIT | VALUE (USD MILLION) |
KEY COMPANIES PROFILED | Whirlpool, Bosch, Midea, Panasonic, Electrolux, Siemens, Galanz |
SEGMENTS COVERED | By Product Type - 22-25 Ltr, 25-30 Ltr, 30-35 Ltr, Above 35 Ltr By Application - Household, Commercial By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa |
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Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2017-2030 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2025-2030 |
HISTORICAL PERIOD | 2017-2024 |
UNIT | VALUE (USD MILLION) |
KEY COMPANIES PROFILED | Electrolux, Toshiba, BSH Hausgeräte GmbH, Guangdong Galanz Group Co. Ltd., Midea, Fotile, CASDON |
SEGMENTS COVERED | By Product Type - Smart, Conventional By Application - Online Sales, Offline Sales By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa |
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The US Microwave Oven Market Report is Segmented by Product (Solo, Grill, and More), Structure (Countertop, Built-In, and More), Control Feature (Button Controls, and Dial Controls), Capacity (Up To 19 Litres, 20 To 24 Litres, and More), Application (Residential, and Commercial), Distribution Channel (B2C, and B2B), Geography (Northeast, Southeast, Midwest, and More). The Market Forecasts are Provided in Terms of Value (USD).