The market for induction range cookers is growing, as more homeowners are prioritizing efficiency and sustainability in the kitchen.
A new report titled North America Range Cooker Market (2025-2033) revealed key insights highlighting market trends for induction range cookers. According to the findings, the compound annual growth rate for induction cookers is "expected to grow at a significant CAGR of 8.5% from 2025 to 2033."
Grand View Research noted numerous factors contributing to the significant growth, highlighting advancements in smart and energy-efficient kitchen appliances. As a result, induction range cookers are not only appealing due to their power savings but also due to their health benefits. Unlike gas stovetops, induction ranges do not emit any harmful indoor pollutants.
Another reason homeowners are opting for induction stoves is their speed. Induction stoves heat up faster than gas ranges, making cooking times more efficient. The flat burners also make for easier cleanup, saving you time in the kitchen.
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Switching to an induction stovetop can be affordable. Homeowners can get up to $840 off the cost of an induction range thanks to the Inflation Reduction Act. While many of the tax credits under the IRA are expiring by the end of 2025, the rebates for induction stoves are still available. Thus, taking advantage of these tax credits sooner rather than later can be the difference between saving thousands of dollars on home upgrades.
For renters or homeowners who may not want a major kitchen renovation, there are still ways to bring induction burners into your home. A plug-in induction burner, for example, is a great, inexpensive option for avoiding the hazards of gas stoves. Starting at just $50, a plug-in burner is also a simple way to try out induction for the first time.
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