Induction Cooktops Are Finally a Real Market Presence – GreenBuildingAdvisor

By Justin R. Wolf | January 6, 2026

Like many of the more advanced and energy-efficient solutions explored on the Green Building Advisor site, be it energy-recovery ventilators, heat-pump water heaters, or some other product fit for a contemporary green home, induction cooktops have yet to attain widescale adoption. Some home industry experts anticipate that tide will shift, and in time more homeowners and multifamily developers (and restaurants, for that matter) will swap out their gas stoves for induction ranges, just as air-source heat pumps have been chipping away at fossil fuel–based heating sources for the last decade.

HVAC markets in the U.S. have been gradually shifting – one could say bobbling – for years, with heat pump sales barely outpacing gas furnaces for the first time in 2020 but significantly widening the margin two years later. Of course, it took decades for this shift to occur. Currently, standard electric cooktops and gas stoves are in most U.S. households, with the former enjoying greater market share. Induction cooktops are well behind the curve, but there are reasons to believe that future sales charts in this sector will soon mirror what happened to HVAC markets starting in the 2010s.

The most recent figures from Astute Analytica indicate the induction cooktop market reached roughly $3.4 billion in 2024. While comparatively small, this figure is respectable and suggests continued growth. Astute’s analysis report, published last May, rightly points out that “the U.S. induction cooktop market sits at the crossroads of policy-backed electrification and shifting household preferences.”

Interestingly, induction cooktop appliances never qualified for the (25C) Energy Efficient Home Improvement Tax Credit, which expired at the end of last year. But depending on where you live, the appliances may qualify for a point-of-sale rebate through the $4.5 billion High-Efficiency Electric Home Rebate Program (HEEHRA), depending on where you live right now. (There…