FMI Analysis States Global Commercial Induction Cooktops Market Size Set to Surge Past USD 22 Billion by 2033, Rising at a 5.6% CAGR

According to a Future Market Insights (FMI) report, the commercial induction cooktops market is anticipated to reach USD 12.74 Billion by 2023. By 2033, the market is expected to reach USD 22 Billion with a CAGR of 5.6%. The efficiency, precision, and safety of induction cooktops make them an excellent choice for restaurants. Cooktops that use induction technology heat cookware directly using electromagnetic …

U.S. Commercial Induction Cooktops Market Demand 2022 | Key Players, SWOT Analysis, Key Indicators and Forecast to 2032

Induction cooking is considered to be one of the most efficient technologies for cooking in both commercial and residential sectors. Commercial induction cooktops work on the principle of magnetic induction, in which the excitation of eddy currents is done in the presence of an oscillating magnetic field. The process is done in ferromagnetic cookware and …