Scope of Report Productof Interest (POI): Microwave Oven A microwave oven (commonly referred to as a microwave) is an electric oven that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. This induces polar molecules in the food to rotate and produce thermal energy in a process known as dielectric heating. Microwave ovens heat foods quickly and efficiently because excitation is fairly uniform in the outer 25–38 mm (1–1.5 inches) of a homogeneous, high water content food item. Market Segmentation PRODUCT REGION Year Range • Convection • Europe • Grill • North America • Solo • South America Review Period • Middle East & Africa 2016 – 2019 • Asia Pacific Base Year APPLICATION STRUCTURE 2020 • Household • Free-Standing Estimated Year • Commercial • Built-in 2021 Forecast Period 2022 – 2026 2