Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Electric Griddles market in this environment.
In terms of revenue, this research report indicated that the global Electric Griddles market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Electric Griddles industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ? Lang World aims at producing XX Electric Griddles in 2020, with XX % production to take place in global market, ? ? Garland accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Electric Griddles Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Electric Griddles Market?
Lang World
Garland
Vulcan
Star Manufacturing
Waring
Equipex
Globe Food Equipment
Imperial Commercial Cooking Equipment
MagiKitch'n
Toastmaster
Wells Bloomfield
Wolf
...
Major Type of Electric Griddles Covered in XYZResearch report:
Type I
Type II
Application Segments Covered in XYZResearch Market
Application 1
Application 2
Application 3
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Electric Griddles Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Type I -Product Introduction and Major Manufacturers
1.1.2 Type II -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Electric Griddles Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Electric Griddles Market
3.1.1 Top Companies leading Electric Griddles Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Electric Griddles Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Electric Griddles Market
3.2.1 Top Companies leading Electric Griddles Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Electric Griddles Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Electric Griddles Market
3.3.1 Top Companies leading Electric Griddles Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Electric Griddles Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Electric Griddles Market
3.4.1 Top Companies leading Electric Griddles Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Electric Griddles Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Electric Griddles Market
3.5.1 Top Companies leading Electric Griddles Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Electric Griddles Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Electric Griddles Market
3.6.1 Top Companies leading Electric Griddles Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Electric Griddles Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Electric Griddles Market
3.7.1 Top Companies leading Electric Griddles Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Electric Griddles Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Electric Griddles Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Electric Griddles Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Electric Griddles Sales and Growth Rate (2021-2026)
5.2 Global Electric Griddles Sales Value and Growth Rate (2021-2026)
6 Electric Griddles Competitive Analysis
6.1 Lang World
6.1.1 Lang World Company Profiles
6.1.2 Lang World Product Introduction
6.1.3 Lang World Electric Griddles Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Garland
6.2.1 Garland Company Profiles
6.2.2 Garland Product Introduction
6.2.3 Garland Electric Griddles Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Vulcan
6.3.1 Vulcan Company Profiles
6.3.2 Vulcan Product Introduction
6.3.3 Vulcan Electric Griddles Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Star Manufacturing
6.4.1 Star Manufacturing Company Profiles
6.4.2 Star Manufacturing Product Introduction
6.4.3 Star Manufacturing Electric Griddles Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Waring
6.5.1 Waring Company Profiles
6.5.2 Waring Product Introduction
6.5.3 Waring Electric Griddles Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Equipex
6.6.1 Equipex Company Profiles
6.6.2 Equipex Product Introduction
6.6.3 Equipex Electric Griddles Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Globe Food Equipment
6.7.1 Globe Food Equipment Company Profiles
6.7.2 Globe Food Equipment Product Introduction
6.7.3 Globe Food Equipment Electric Griddles Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Imperial Commercial Cooking Equipment
6.8.1 Imperial Commercial Cooking Equipment Company Profiles
6.8.2 Imperial Commercial Cooking Equipment Product Introduction
6.8.3 Imperial Commercial Cooking Equipment Electric Griddles Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 MagiKitch'n
6.9.1 MagiKitch'n Company Profiles
6.9.2 MagiKitch'n Product Introduction
6.9.3 MagiKitch'n Electric Griddles Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Toastmaster
6.10.1 Toastmaster Company Profiles
6.10.2 Toastmaster Product Introduction
6.10.3 Toastmaster Electric Griddles Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 Wells Bloomfield
6.12 Wolf
7 Conclusion
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