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Stock impact report

Global Microwave Oven Market Forecasted to Reach US$ 15.52 Billion by 2032, Driven by Increasing Consumer Penchant for Convenience and Efficiency [Yahoo! Finance]

Illinois Tool Works Inc. (ITW) 
Last illinois tool works inc. earnings: 1/31 08:00 am Check Earnings Report
US:NYSE Investor Relations: investor.itw.com
Company Research Source: Yahoo! Finance
Type, Application, Structure, Power, Distribution Channel, Regions and Company Analysis 2024-2032" report has been added to ResearchAndMarkets.com's offering. Global microwave oven market is forecasted to escalate at a compound annual growth rate (CAGR) of 3.99% from 2024 to 2032. The market's value, having been estimated at US$ 10.91 billion in 2023, is anticipated to reach a notable US$ 15.52 billion by the end of the forecast period in 2032. This substantial growth is driven by the increasing consumer penchant for convenience and efficiency in cooking methods, amplified by the demand for advanced technology in kitchen appliances. Noteworthy technology integrations, such as voice control, artificial intelligence, and smart connectivity, have redefined the functionality of these appliances, placing them in line with the smart home ecosystem trend. For instance, the GE Profile series launched by GE Appliances symbolizes this cutting-edge evolution. China at the Forefront Under Show less Read more
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