Microwave oven
In 1947, Raytheon built the "Radarange", the first commercially available microwave oven. It was almost tall, weighed and cost about US$5,000 ($ in dollars) each. It consumed 3 kilowatts, about three times as much as today's microwave ovens, and was water-cooled. The name was the winning entry in an employee contest. An early Radarange was installed (and remains) in the galley of the nuclear-powered passenger/cargo ship NS "Savannah". An early commercial model introduced in 1954 consumed 1.6 kilowatts and sold for US$2,000 to US$3,000 ($ to $ in dollars). Raytheon licensed its technology to the Tappan Stove company of Mansfield, Ohio in 1952. They tried to market a large 220 volt wall unit as a home microwave oven in 1955 for a price of US$1,295 ($ in dollars), but it did not sell well.
Microwave oven
Formerly found only in large industrial applications, microwave ovens increasingly became a standard fixture of residential kitchens in developed countries. By 1986, roughly 25% of households in the U.S. owned a microwave oven, up from only about 1% in 1971; the U.S. Bureau of Labor Statistics reported that over 90% of American households owned a microwave oven in 1997. In Australia, a 2008 market research study found that 95% of kitchens contained a microwave oven and that 83% of them were used daily. In Canada, fewer than 5% of households had a microwave oven in 1979, but more than 88% of households owned one by 1998. In France, 40% of households owned a microwave oven in 1994, but that number had increased to 65% by 2004.