Microwave ovens came out in 1955
And because they were only built-in and used 240 volts and cost $1,500 they never sold well till counter-top models started to appear in the later 60s that did not need to be built-in and operated on 120 volts and cost around $500.
Induction never sold well because the appliance manufactures really only sold BI CTs that needed 240 volts, consumers were not that interested in investing in something that expensive that had to be built in.
Only Roper in the late 70s sold a 30" free standing induction range and Sears also sold one briefly around 1986-7, both of these sold for around $1000 at the time.
I blame appliance manufactures for the slow roll out of induction cooking in this country, I do however feel that it will eventually be the best selling type of range in this country in about 10-20 years, Electric ranges already out sell gas ranges 3 to 1 in the US so the change to induction is easy for most homes.
There is no reason an induction range needs to cost more than about $200 more that a standard smooth-top range.
Reliability of induction is still unknown, my Sanyo built 1987 KM induction has never missed a beat so it probably did better than even a standard electric CT considering how much it has been used.
We have seen some big repair costs on a hand full of newer induction CTs and ranges, I had one customer on Capital Hill last year whose 4 YO Frigidaire induction range blew a main board and the repair cost was going to be around $700 so he just bought another FD induction because He absolutely loved it and would never go back to gas he said.
John L.