United States Induction Cooktop Market Set to Reach Valuation of US$ 6,735.67 Million by 2033 | Astute Analytica [Yahoo! Finance]
Lowe's Companies, Inc. (LOW)
Last lowe's companies, inc. earnings: 2/26 06:00 am
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Source: Yahoo! Finance
leverage domestic production, smart ecosystems and vast service networks to capture 27% share amid mid-price market expansion. Chicago, May 16, 2025 (GLOBE NEWSWIRE) -- The US induction cooktop market was valued at US$ 3,433.16 million in 2024 and is expected to reach US$ 6,735.67 million by 2033, growing at a CAGR of 7.87% during the forecast period 2025–2033. Momentum in the US induction cooktop market outlook is now driven decisively by energy-forward building codes. Since 2021 the California Energy Commission, Washington State Building Code Council, and New York City's Local Law 154 have limited gas hook-ups in most new dwellings, covering roughly 20 million residents. By April 2024, the Sierra Club electrification tracker lists 103 jurisdictions in eleven states with comparable ordinances. Because resistance coils trigger heftier ventilation and panel upgrades, many builders are standardizing on induction to keep mechanical loads down. Interviews published by the Northwest En
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LOW
Earnings
- 5/21/25 - Beat
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Sec Filings
- 6/17/25 - Form 4
- 6/17/25 - Form 11-K
- 6/12/25 - Form 4
- LOW's page on the SEC website