Market Demand for Commercial Induction Cookers

The market demand for commercial induction cookers continues to grow, with the market size projected to reach 6.32 billion yuan in 2026, with a stable compound annual growth rate of around 6.5% and a penetration rate that has increased to 26%.

 

Policy and environmental requirements drive "coal-to-electricity" conversion. The national "dual-carbon" strategy and environmental policies (such as the GB21456 energy efficiency standard) are accelerating the phasing out of high-energy-consuming gas stoves, promoting the electrification transformation of catering establishments.

Many local governments offer subsidies for purchasing Grade 1 energy-efficient commercial induction cookers; for example, Shenzhen offers a reward of 2,000 yuan per unit, significantly increasing the purchasing willingness of public institutions and chain restaurants.

 

 

The upgrading of the catering industry is driving demand for high-efficiency equipment. The rise of chain restaurants, central kitchens, and smart canteens has led to a surge in demand for intelligent induction cookers with high thermal efficiency (over 92%), precise temperature control, and remote management.

Hot pot and barbecue restaurants have the highest penetration rate, reaching 68%; the annual growth rate of demand for high-power (over 20kW) stir-fry stoves for Chinese formal dining exceeds 25%.

 

Safety and operating cost advantages are prominent. Commercial induction cookers produce no open flame and no exhaust emissions, making them suitable for fire-prohibited locations such as basements, subway stations, and aviation facilities, ensuring high safety.

Compared to gas stoves, they are more than 50% energy-efficient, significantly reducing energy and maintenance costs over the long term, resulting in a more advantageous total lifecycle cost.