| Market Size 2023 (Base Year) | USD 1100.7 Million |
| Market Size 2032 (Forecast Year) | USD 2873.15 Million |
| CAGR | 10.07% |
| Forecast Period | 2024 - 2032 |
| Historical Period | 2018 - 2023 |
According to a recent study by Market Research Store, the global electrical range cookers market size was valued at approximately USD 1100.7 Million in 2023. The market is projected to grow significantly, reaching USD 2873.15 Million by 2032, growing at a compound annual growth rate (CAGR) of 10.07% during the forecast period from 2024 to 2032. The report highlights key growth drivers such as rising demand, technological advancements, and expanding applications. It also outlines potential challenges like regulatory changes and market competition, while emphasizing emerging opportunities for innovation and investment in the electrical range cookers industry.
The growth of the electrical range cookers market is fueled by rising global demand across various industries and applications. The report highlights lucrative opportunities, analyzing cost structures, key segments, emerging trends, regional dynamics, and advancements by leading players to provide comprehensive market insights. The electrical range cookers market report offers a detailed industry analysis from 2024 to 2032, combining quantitative and qualitative insights. It examines key factors such as pricing, market penetration, GDP impact, industry dynamics, major players, consumer behavior, and socio-economic conditions. Structured into multiple sections, the report provides a comprehensive perspective on the market from all angles.
Key sections of the electrical range cookers market report include market segments, outlook, competitive landscape, and company profiles. Market Segments offer in-depth details based on Product Type, Cooking Capacity, Technology, Price Range, End-User, and other relevant classifications to support strategic marketing initiatives. Market Outlook thoroughly analyzes market trends, growth drivers, restraints, opportunities, challenges, Porter’s Five Forces framework, macroeconomic factors, value chain analysis, and pricing trends shaping the market now and in the future. The Competitive Landscape and Company Profiles section highlights major players, their strategies, and market positioning to guide investment and business decisions. The report also identifies innovation trends, new business opportunities, and investment prospects for the forecast period.
This report thoroughly analyzes the electrical range cookers market, exploring its historical trends, current state, and future projections. The market estimates presented result from a robust research methodology, incorporating primary research, secondary sources, and expert opinions. These estimates are influenced by the prevailing market dynamics as well as key economic, social, and political factors. Furthermore, the report considers the impact of regulations, government expenditures, and advancements in research and development on the market. Both positive and negative shifts are evaluated to ensure a comprehensive and accurate market outlook.
| Report Attributes | Report Details |
|---|---|
| Report Name | Electrical Range Cookers Market |
| Market Size in 2023 | USD 1100.7 Million |
| Market Forecast in 2032 | USD 2873.15 Million |
| Growth Rate | CAGR of 10.07% |
| Number of Pages | 214 |
| Key Companies Covered | Belling, KAFF Appliances, Rangemaster, La Cornue, AGA, Smeg, Beko, BSH Home Appliances Group, Leisure, Maytag, Frigidaire, Haier, John Lewis & Partners, Kenmore, Summit |
| Segments Covered | By Product Type, By Cooking Capacity, By Technology, By Price Range, By End-User, and By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
| Base Year | 2023 |
| Historical Year | 2018 to 2023 |
| Forecast Year | 2024 to 2032 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Key Growth Drivers
The Electrical Range Cookers market is experiencing significant growth, primarily fueled by the increasing global demand for technologically advanced, energy-efficient, and convenient kitchen appliances. Rising disposable incomes, particularly in developing economies, are enabling consumers to upgrade to modern kitchen solutions. The growing preference for smart home integration, where appliances offer features like Wi-Fi connectivity, app control, and programmable settings, is a major catalyst. Furthermore, increasing awareness about environmental sustainability and the health impacts of gas stoves (e.g., methane emissions) is driving a shift towards electric and induction cooking, which are perceived as cleaner and more efficient alternatives. The strong trend of home cooking and kitchen renovations also consistently boosts the replacement and new demand for electric ranges.
Restraints
Despite robust growth drivers, the Electrical Range Cookers market faces certain restraints. The higher initial purchase price of advanced electric range cookers, especially models with induction technology or smart features, can be a deterrent for some budget-conscious consumers. Challenges related to specific infrastructure requirements, such as adequate electrical wiring and power supply in older homes or certain regions, can limit adoption. The size and space requirements of freestanding range cookers, compared to more flexible built-in ovens and cooktops, might be a constraint in smaller urban kitchens. Additionally, fluctuations in raw material prices and global economic uncertainties can impact production costs and potentially lead to higher retail prices, affecting consumer purchasing power.
Opportunities
The Electrical Range Cookers market presents numerous opportunities for innovation and expansion. The increasing consumer demand for "slide-in" and integrated designs, which offer a seamless look in modern kitchens, provides a significant opportunity for manufacturers to innovate in aesthetics and form factor. The continued development of more energy-efficient models, including advanced induction technologies that offer faster heating and precise temperature control, aligns with both consumer and regulatory demands for sustainability and cost savings. Expanding into emerging markets with growing urbanization and increasing electrification programs offers substantial untapped potential. Furthermore, the integration of AI-powered cooking functionalities, remote diagnostics, and predictive maintenance through smart connectivity can enhance user experience and open new service revenue streams.
Challenges
The Electrical Range Cookers market faces several challenges that require continuous attention. Ensuring consistent performance and durability in varying usage conditions and over extended periods remains a technical challenge, especially with complex electronic controls. Competing effectively against gas ranges, which still hold a traditional appeal for many consumers due to perceived cooking performance, requires ongoing education and demonstration of electric advantages. Addressing issues like cookware compatibility for induction models and potential noise levels from cooling fans in some electric ranges are important for consumer satisfaction. Moreover, the industry must navigate evolving safety standards and energy efficiency regulations globally, which can necessitate costly product redesigns and certification processes. Maintaining a strong supply chain amidst potential disruptions and managing the competitive landscape are also ongoing challenges.
The global electrical range cookers market is segmented based on Product Type, Cooking Capacity, Technology, Price Range, End-User, and Region. All the segments of the electrical range cookers market have been analyzed based on present & future trends and the market is estimated from 2024 to 2032.
Based on Product Type, the global electrical range cookers market is divided into Freestanding Electric Range Cookers, Slide-In Electric Range Cookers, Built-In Electric Range Cookers, Double Ovens, Single Ovens.
On the basis of Cooking Capacity, the global electrical range cookers market is bifurcated into Compact Range Cookers (Less than 4 cu. ft.), Standard Range Cookers (4 to 6 cu. ft.), Large Range Cookers (Greater than 6 cu. ft.).
In terms of Technology, the global electrical range cookers market is categorized into Conventional Electric Range Cookers, Induction Range Cookers, Convection Range Cookers, Smart Range Cookers, Self-Cleaning Range Cookers.
Based on Price Range, the global electrical range cookers market is split into Economical Range Cookers (Below $500), Mid-Range Cookers ($500 to $1, 000), Premium Range Cookers (Above $1, 000).
By End-User, the global electrical range cookers market is divided into Residential Users, Commercial Users, Institutional Users (Schools, Hospitals, etc.).
The Electrical Range Cookers Market is currently dominated by Europe, which held over 42% of global revenue share in 2023, driven by high consumer preference for premium kitchen appliances and energy-efficient cooking solutions. Germany, the UK, and France are key contributors, supported by strong demand for smart kitchen technologies and modular designs in residential and commercial sectors. North America follows as the second-largest market, with growth fueled by the U.S. due to rising adoption of induction cooktops and luxury kitchen renovations. Meanwhile, the Asia-Pacific (APAC) region is witnessing rapid expansion, led by China, India, and Japan, where urbanization and increasing disposable incomes are boosting demand for modern kitchen appliances. However, Europe’s leadership is expected to persist, reinforced by stringent energy regulations and a mature market for high-end cooking solutions. (Source: 2023 Industry Reports)
The electrical range cookers market Report offers a thorough analysis of both established and emerging players within the market. It includes a detailed list of key companies, categorized based on the types of products they offer and other relevant factors. The report also highlights the market entry year for each player, providing further context for the research analysis.
The "Global Electrical Range Cookers Market" study offers valuable insights, focusing on the global market landscape, with an emphasis on major industry players such as;
By Product Type
By Cooking Capacity
By Technology
By Price Range
By End-User
By Region
This section evaluates the market position of the product or service by examining its development pathway and competitive dynamics. It provides a detailed overview of the product's growth stages, including the early (historical) phase, the mid-stage, and anticipated future advancements influenced by innovation and emerging technologies.
Porter’s Five Forces framework offers a strategic lens for assessing competitor behavior and the positioning of key players in the electrical range cookers industry. This section explores the external factors shaping competitive dynamics and influencing market strategies in the years ahead. The analysis focuses on five critical forces:
The value chain analysis helps businesses optimize operations by mapping the product flow from suppliers to end consumers, identifying opportunities to streamline processes and gain a competitive edge. Segment-wise market attractiveness analysis evaluates key dimensions like product categories, demographics, and regions, assessing growth potential, market size, and profitability. This enables businesses to focus resources on high-potential segments for better ROI and long-term value.
PESTEL analysis is a powerful tool in market research reports that enhances market understanding by systematically examining the external macro-environmental factors influencing a business or industry. The acronym stands for Political, Economic, Social, Technological, Environmental, and Legal factors. By evaluating these dimensions, PESTEL analysis provides a comprehensive overview of the broader context within which a market operates, helping businesses identify potential opportunities and threats.
An import-export analysis is vital for market research, revealing global trade dynamics, trends, and opportunities. It examines trade volumes, product categories, and regional competitiveness, offering insights into supply chains and market demand. This section also analyzes past and future pricing trends, helping businesses optimize strategies and enabling consumers to assess product value effectively.
The report identifies key players in the electrical range cookers market through a competitive landscape and company profiles, evaluating their offerings, financial performance, strategies, and market positioning. It includes a SWOT analysis of the top 3-5 companies, assessing strengths, weaknesses, opportunities, and threats. The competitive landscape highlights rankings, recent activities (mergers, acquisitions, partnerships, product launches), and regional footprints using the Ace matrix. Customization is available to meet client-specific needs.
This section details the geographic reach, sales networks, and market penetration of companies profiled in the electrical range cookers report, showcasing their operations and distribution across regions. It analyzes the alignment of companies with specific industry verticals, highlighting the industries they serve and the scope of their products and services within those sectors.
This section categorizes companies into four distinct groups—Active, Cutting Edge, Innovator, and Emerging—based on their product and business strategies. The evaluation of product strategy focuses on aspects such as the range and depth of offerings, commitment to innovation, product functionalities, and scalability. Key elements like global reach, sector coverage, strategic acquisitions, and long-term growth plans are considered for business strategy. This analysis provides a detailed view of companies' position within the market and highlights their potential for future growth and development.
The qualitative and quantitative insights for the electrical range cookers market are derived through a multi-faceted research approach, combining input from subject matter experts, primary research, and secondary data sources. Primary research includes gathering critical information via face-to-face or telephonic interviews, surveys, questionnaires, and feedback from industry professionals, key opinion leaders (KOLs), and customers. Regular interviews with industry experts are conducted to deepen the analysis and reinforce the existing data, ensuring a robust and well-rounded market understanding.
Secondary research for this report was carried out by the Market Research Store team, drawing on a variety of authoritative sources, such as:
Market Research Store conducted in-depth consultations with various key opinion leaders in the industry, including senior executives from top companies and regional leaders from end-user organizations. This effort aimed to gather critical insights on factors such as the market share of dominant brands in specific countries and regions, along with pricing strategies for products and services.
To determine total sales data, the research team conducted primary interviews across multiple countries with influential stakeholders, including:
These subject matter experts, with their extensive industry experience, helped validate and refine the findings. For secondary research, data were sourced from a wide range of materials, including online resources, company annual reports, industry publications, research papers, association reports, and government websites. These various sources provide a comprehensive and well-rounded perspective on the market.
Global Electrical Range Cookers Industry Market Research Report 1 Electrical Range Cookers Introduction and Market Overview 1.1 Objectives of the Study 1.2 Definition of Electrical Range Cookers 1.3 Electrical Range Cookers Market Scope and Market Size Estimation 1.3.1 Market Concentration Ratio and Market Maturity Analysis 1.3.2 Global Electrical Range Cookers Value ($) and Growth Rate from 2013-2023 1.4 Market Segmentation 1.4.1 Types of Electrical Range Cookers 1.4.2 Applications of Electrical Range Cookers 1.4.3 Research Regions 1.4.3.1 North America Electrical Range Cookers Production Value ($) and Growth Rate (2013-2018) 1.4.3.2 Europe Electrical Range Cookers Production Value ($) and Growth Rate (2013-2018) 1.4.3.3 China Electrical Range Cookers Production Value ($) and Growth Rate (2013-2018) 1.4.3.4 Japan Electrical Range Cookers Production Value ($) and Growth Rate (2013-2018) 1.4.3.5 Middle East & Africa Electrical Range Cookers Production Value ($) and Growth Rate (2013-2018) 1.4.3.6 India Electrical Range Cookers Production Value ($) and Growth Rate (2013-2018) 1.4.3.7 South America Electrical Range Cookers Production Value ($) and Growth Rate (2013-2018) 1.5 Market Dynamics 1.5.1 Drivers 1.5.1.1 Emerging Countries of Electrical Range Cookers 1.5.1.2 Growing Market of Electrical Range Cookers 1.5.2 Limitations 1.5.3 Opportunities 1.6 Industry News and Policies by Regions 1.6.1 Industry News 1.6.2 Industry Policies 2 Industry Chain Analysis 2.1 Upstream Raw Material Suppliers of Electrical Range Cookers Analysis 2.2 Major Players of Electrical Range Cookers 2.2.1 Major Players Manufacturing Base and Market Share of Electrical Range Cookers in 2017 2.2.2 Major Players Product Types in 2017 2.3 Electrical Range Cookers Manufacturing Cost Structure Analysis 2.3.1 Production Process Analysis 2.3.2 Manufacturing Cost Structure of Electrical Range Cookers 2.3.3 Raw Material Cost of Electrical Range Cookers 2.3.4 Labor Cost of Electrical Range Cookers 2.4 Market Channel Analysis of Electrical Range Cookers 2.5 Major Downstream Buyers of Electrical Range Cookers Analysis 3 Global Electrical Range Cookers Market, by Type 3.1 Global Electrical Range Cookers Value ($) and Market Share by Type (2013-2018) 3.2 Global Electrical Range Cookers Production and Market Share by Type (2013-2018) 3.3 Global Electrical Range Cookers Value ($) and Growth Rate by Type (2013-2018) 3.4 Global Electrical Range Cookers Price Analysis by Type (2013-2018) 4 Electrical Range Cookers Market, by Application 4.1 Global Electrical Range Cookers Consumption and Market Share by Application (2013-2018) 4.2 Downstream Buyers by Application 4.3 Global Electrical Range Cookers Consumption and Growth Rate by Application (2013-2018) 5 Global Electrical Range Cookers Production, Value ($) by Region (2013-2018) 5.1 Global Electrical Range Cookers Value ($) and Market Share by Region (2013-2018) 5.2 Global Electrical Range Cookers Production and Market Share by Region (2013-2018) 5.3 Global Electrical Range Cookers Production, Value ($), Price and Gross Margin (2013-2018) 5.4 North America Electrical Range Cookers Production, Value ($), Price and Gross Margin (2013-2018) 5.5 Europe Electrical Range Cookers Production, Value ($), Price and Gross Margin (2013-2018) 5.6 China Electrical Range Cookers Production, Value ($), Price and Gross Margin (2013-2018) 5.7 Japan Electrical Range Cookers Production, Value ($), Price and Gross Margin (2013-2018) 5.8 Middle East & Africa Electrical Range Cookers Production, Value ($), Price and Gross Margin (2013-2018) 5.9 India Electrical Range Cookers Production, Value ($), Price and Gross Margin (2013-2018) 5.10 South America Electrical Range Cookers Production, Value ($), Price and Gross Margin (2013-2018) 6 Global Electrical Range Cookers Production, Consumption, Export, Import by Regions (2013-2018) 6.1 Global Electrical Range Cookers Consumption by Regions (2013-2018) 6.2 North America Electrical Range Cookers Production, Consumption, Export, Import (2013-2018) 6.3 Europe Electrical Range Cookers Production, Consumption, Export, Import (2013-2018) 6.4 China Electrical Range Cookers Production, Consumption, Export, Import (2013-2018) 6.5 Japan Electrical Range Cookers Production, Consumption, Export, Import (2013-2018) 6.6 Middle East & Africa Electrical Range Cookers Production, Consumption, Export, Import (2013-2018) 6.7 India Electrical Range Cookers Production, Consumption, Export, Import (2013-2018) 6.8 South America Electrical Range Cookers Production, Consumption, Export, Import (2013-2018) 7 Global Electrical Range Cookers Market Status and SWOT Analysis by Regions 7.1 North America Electrical Range Cookers Market Status and SWOT Analysis 7.2 Europe Electrical Range Cookers Market Status and SWOT Analysis 7.3 China Electrical Range Cookers Market Status and SWOT Analysis 7.4 Japan Electrical Range Cookers Market Status and SWOT Analysis 7.5 Middle East & Africa Electrical Range Cookers Market Status and SWOT Analysis 7.6 India Electrical Range Cookers Market Status and SWOT Analysis 7.7 South America Electrical Range Cookers Market Status and SWOT Analysis 8 Competitive Landscape 8.1 Competitive Profile 8.2 LEISURE 8.2.1 Company Profiles 8.2.2 Electrical Range Cookers Product Introduction 8.2.3 LEISURE Production, Value ($), Price, Gross Margin 2013-2018E 8.2.4 LEISURE Market Share of Electrical Range Cookers Segmented by Region in 2017 8.3 Tecno SpA 8.3.1 Company Profiles 8.3.2 Electrical Range Cookers Product Introduction 8.3.3 Tecno SpA Production, Value ($), Price, Gross Margin 2013-2018E 8.3.4 Tecno SpA Market Share of Electrical Range Cookers Segmented by Region in 2017 8.4 Tecnoinox S.r.l. 8.4.1 Company Profiles 8.4.2 Electrical Range Cookers Product Introduction 8.4.3 Tecnoinox S.r.l. Production, Value ($), Price, Gross Margin 2013-2018E 8.4.4 Tecnoinox S.r.l. Market Share of Electrical Range Cookers Segmented by Region in 2017 8.5 Termikel Madeni Esya Sanayi Ihracat Ithalat Ticaret A.S. 8.5.1 Company Profiles 8.5.2 Electrical Range Cookers Product Introduction 8.5.3 Termikel Madeni Esya Sanayi Ihracat Ithalat Ticaret A.S. Production, Value ($), Price, Gross Margin 2013-2018E 8.5.4 Termikel Madeni Esya Sanayi Ihracat Ithalat Ticaret A.S. Market Share of Electrical Range Cookers Segmented by Region in 2017 8.6 Electrolux Professional 8.6.1 Company Profiles 8.6.2 Electrical Range Cookers Product Introduction 8.6.3 Electrolux Professional Production, Value ($), Price, Gross Margin 2013-2018E 8.6.4 Electrolux Professional Market Share of Electrical Range Cookers Segmented by Region in 2017 8.7 LACANCHE 8.7.1 Company Profiles 8.7.2 Electrical Range Cookers Product Introduction 8.7.3 LACANCHE Production, Value ($), Price, Gross Margin 2013-2018E 8.7.4 LACANCHE Market Share of Electrical Range Cookers Segmented by Region in 2017 8.8 De Dietrich Electromenager 8.8.1 Company Profiles 8.8.2 Electrical Range Cookers Product Introduction 8.8.3 De Dietrich Electromenager Production, Value ($), Price, Gross Margin 2013-2018E 8.8.4 De Dietrich Electromenager Market Share of Electrical Range Cookers Segmented by Region in 2017 8.9 ADVENTYS 8.9.1 Company Profiles 8.9.2 Electrical Range Cookers Product Introduction 8.9.3 ADVENTYS Production, Value ($), Price, Gross Margin 2013-2018E 8.9.4 ADVENTYS Market Share of Electrical Range Cookers Segmented by Region in 2017 8.10 Indesit 8.10.1 Company Profiles 8.10.2 Electrical Range Cookers Product Introduction 8.10.3 Indesit Production, Value ($), Price, Gross Margin 2013-2018E 8.10.4 Indesit Market Share of Electrical Range Cookers Segmented by Region in 2017 8.11 J. Corradi 8.11.1 Company Profiles 8.11.2 Electrical Range Cookers Product Introduction 8.11.3 J. Corradi Production, Value ($), Price, Gross Margin 2013-2018E 8.11.4 J. Corradi Market Share of Electrical Range Cookers Segmented by Region in 2017 8.12 Stoves 8.12.1 Company Profiles 8.12.2 Electrical Range Cookers Product Introduction 8.12.3 Stoves Production, Value ($), Price, Gross Margin 2013-2018E 8.12.4 Stoves Market Share of Electrical Range Cookers Segmented by Region in 2017 8.13 GLEM gas S.p.A. 8.13.1 Company Profiles 8.13.2 Electrical Range Cookers Product Introduction 8.13.3 GLEM gas S.p.A. Production, Value ($), Price, Gross Margin 2013-2018E 8.13.4 GLEM gas S.p.A. Market Share of Electrical Range Cookers Segmented by Region in 2017 8.14 Ambassade De Bourgogne 8.14.1 Company Profiles 8.14.2 Electrical Range Cookers Product Introduction 8.14.3 Ambassade De Bourgogne Production, Value ($), Price, Gross Margin 2013-2018E 8.14.4 Ambassade De Bourgogne Market Share of Electrical Range Cookers Segmented by Region in 2017 8.15 ILVE 8.15.1 Company Profiles 8.15.2 Electrical Range Cookers Product Introduction 8.15.3 ILVE Production, Value ($), Price, Gross Margin 2013-2018E 8.15.4 ILVE Market Share of Electrical Range Cookers Segmented by Region in 2017 8.16 Newworld Newworld 8.16.1 Company Profiles 8.16.2 Electrical Range Cookers Product Introduction 8.16.3 Newworld Newworld Production, Value ($), Price, Gross Margin 2013-2018E 8.16.4 Newworld Newworld Market Share of Electrical Range Cookers Segmented by Region in 2017 8.17 Empero 8.18 Falcon (Rangemaster) 8.19 Lotus 8.20 Modular Professional Srl 8.21 Whirlpool 8.22 DeManincor 8.23 Smeg 8.24 Belling 8.25 DESCO 8.26 Cometto Industrie 8.27 VIKING 8.28 Mbm 8.29 Scholtès 8.30 Garland 8.31 Amica 8.32 Berto's S.p.A. 9 Global Electrical Range Cookers Market Analysis and Forecast by Type and Application 9.1 Global Electrical Range Cookers Market Value ($) & Volume Forecast, by Type (2018-2023) 9.1.1 Dual-fuel Market Value ($) and Volume Forecast (2018-2023) 9.1.2 Vitroceramic Market Value ($) and Volume Forecast (2018-2023) 9.1.3 Induction Market Value ($) and Volume Forecast (2018-2023) 9.1.4 Standard Market Value ($) and Volume Forecast (2018-2023) 9.2 Global Electrical Range Cookers Market Value ($) & Volume Forecast, by Application (2018-2023) 9.2.1 Application 1 Market Value ($) and Volume Forecast (2018-2023) 9.2.2 Application 2 Market Value ($) and Volume Forecast (2018-2023) 9.2.3 Application 3 Market Value ($) and Volume Forecast (2018-2023) 9.2.4 Application 4 Market Value ($) and Volume Forecast (2018-2023) 9.2.5 Application 5 Market Value ($) and Volume Forecast (2018-2023) 10 Electrical Range Cookers Market Analysis and Forecast by Region 10.1 North America Market Value ($) and Consumption Forecast (2018-2023) 10.2 Europe Market Value ($) and Consumption Forecast (2018-2023) 10.3 China Market Value ($) and Consumption Forecast (2018-2023) 10.4 Japan Market Value ($) and Consumption Forecast (2018-2023) 10.5 Middle East & Africa Market Value ($) and Consumption Forecast (2018-2023) 10.6 India Market Value ($) and Consumption Forecast (2018-2023) 10.7 South America Market Value ($) and Consumption Forecast (2018-2023) 11 New Project Feasibility Analysis 11.1 Industry Barriers and New Entrants SWOT Analysis 11.2 Analysis and Suggestions on New Project Investment 12 Research Finding and Conclusion 13 Appendix 13.1 Discussion Guide 13.2 Knowledge Store: Maia Subscription Portal 13.3 Research Data Source 13.4 Research Assumptions and Acronyms Used
Electrical Range Cookers
Electrical Range Cookers
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