Smart Ovens Market by Type (Built-In and Counter Top), Sales Channel (Offline Channels and Online Channels) And End User (Residential and Commercial): Global Opportunity Analysis and Industry Forecast, 2021–2027

ID: VPR/CO/260 Publishing Year: February 2021 Pages: 136 Format:   


Global Smart Ovens market was valued at $ XX billion in 2019, and is expected to reach $ XX billion by 2027, registering a CAGR of XX% from 2021 to 2027.

Smart Ovens have become a very popular alternative to regular ovens over the last couple of years and are next-generation kitchen appliances they are high-tech, multi-function ovens. Smart ovens advanced features for receiving, processing, and transmitting information using smartphones that makes cooking quick, easy, and hassle-free. It provides faster and smart cooking and is installed with pre-sets for different types of food. The oven can also be used to set automatic functions. Voice controls and smart home devices connected Smart Ovens are the new features introduced. Smart Ovens also remember users setting for next time use. Some Smart Ovens also have functions of smart cleaning or self-cleaning function which provides an oven with light safe clean.

The demand for Smart Ovens is driven by factors such as smart ovens cook food faster and keep nutrients of food intact, demand for faster and healthy food consumption, ready-to-cook foods, changing lifestyle and busy schedule of consumer’s. Convenience for remote access is the Factor Driving the market. However, factors such as high investment cost and lack of technical knowledge are factors hindering the market growth. Furthermore, advancement in technology and the rise in trend of connected home appliances will increase market growth.

Segment Insight:

The Global Smart Ovens Market is segmented into type, end-user, sales channel, and. By type, it is classified into a built-in and countertop. On the basis of the sales channel, is classified into offline channels and online channels. On the basis of end-user, it is segmented into residential and commercial.

By Oven Type Insight:

By type, it is classified into a built-in and countertop. Built-in ovens are fit under a kitchen worktop, it is fitting alongside kitchen cabinets. Built-in ovens cannot be moved and shifted from one place to another. Countertops Oven are the same as a traditional oven with more features. They can be easily moved and shifted from one place to another.

By Sales Channel Insight:

On the basis of the sales channel, it is classified into offline channels and online channels. Offline channels are retail stores, supermarkets, specialty stores, and others. Online channels are electronic buying through various apps and websites.

By End User Insight:

On the basis of end user, it is segmented into residential and commercial. Residential use means use in around a house or an apartment. Commercial use is a business place.

Major Key Players Of Smart Ovens Market:

Life Inc., LG Electronics, Panasonic Corporation, Samsung Electronics Co. Ltd., Qingdao Haier Co., Ltd. (Haier), Hitachi, Ltd, Whirlpool Corporation, Sharp Corporation, AB Electrolux, and Tovala.

Most of the key players in Smart Ovens Market are focusing on business expansion to gain a higher revenue share through the adoption of strategies, such as mergers and acquisitions and new product development.

Smart Ovens Market Key Segments:

By Type

  • Built-In
  • Counter Top

By Sales Channel

  • Offline Channel
  • Online Channel

By End User

  • Residential
  • Commercial

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • Turkey
    • South Africa
    • Rest of LAMEA


Frequently Asked Questions
Life Inc., LG Electronics, Panasonic Corporation, Samsung Electronics Co. Ltd., Qingdao Haier Co., Ltd. (Haier), Hitachi, Ltd, Whirlpool Corporation, Sharp Corporation, AB Electrolux, and Tovala. are the Major Key Players in Smart Ovens Market.
Counter top ovens is the Leading Type Segment in the in the Smart Ovens Market.
Cook food faster, demand for faster and healthy food consumption, changing lifestyle and busy schedule of consumer’s are the Major Factors Driving the Smart Ovens Market.

TABLE OF CONTENTS:

CHAPTER 1 MARKET INTRODUCTION

1.1. REPORT OVERVIEW

1.2. SCOPE OF THE STUDY

1.3. PRIMARY MARKET SEGMENTS

1.4. RESEARCH METHODOLOGY

CHAPTER 2 EXECUTIVE SUMMARY

2.1. C-LEVEL EXECUTIVE’S OVERVIEW AND PERSPECTIVES

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE

3.2. PRINCIPAL FINDINGS

3.2.1. Key investment pockets

3.2.2. Leading winning strategies

  3.2.3 Key Player Positioning

3.3. PORTERS FIVE FORCES OF COMPETITIVE ANALYSIS

 3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.2. Restraints

3.4.3. Opportunities

3.4.4. Impact Analysis

3.5. IMPACT OF COVID-19 ON THIS MARKET

CHAPTER 4 SMART OVENS MARKET , BY OVEN TYPE

4.1. SYNOPSIS

4.1.1. Market size and forecast

  4.2. BUILT-IN

4.2.1. Key market trends

4.2.2. Growth factors and opportunities

  4.2.3. Market size and forecast

4.3. COUNTER TOP

4.3.1. Key market trends

4.3.2. Growth factors and opportunities

  4.3.3. Market size and forecast

CHAPTER 5 SMART OVENS MARKET, BY SALES CHANNEL

  • 5.1 SYNOPSIS 

5.1.1. Market size and forecast

  • 5.2 OFFLINE

5.2.1. Key market trends

5.2.2. Growth factors and opportunities

5.2.3. Market size and forecast

  • 5.3 ONLINE

5.3.1. Key market trends

5.3.2. Growth factors and opportunities

5.3.3. Market size and forecast

CHAPTER 6 SMART OVENS MARKET, BY END USER

6.1. SYNOPSIS

6.1.1. Market size and forecast

6.2. RESIDENTIAL

6.2.1. Market size and forecast

6.3. COMMERCIAL

6.3.1. Market size and forecast

CHAPTER 7 SMART OVENS MARKET, BY REGION

7.1 SYNOPSIS

7.2 North America

7.2.1 Key market trends

7.2.2 Competitive scenario

7.2.3 Key growth factors and opportunities

7.2.4 Market size and forecast

7.3 Europe

7.3.1 Key market trends

7.3.2 Competitive scenario

7.3.3 Key growth factors and opportunities

7.3.4 Market size and forecast

7.4 Asia Pacific

7.4.1 Key market trends

7.4.2 Competitive scenario

7.4.3 Key growth factors and opportunities

7.4.4 Market size and forecast

7.5 LAMEA

7.5.1 Key market trends

7.5.2 Key growth factors and opportunities

7.5.3 Market size and forecast

CHAPTER 8 COMPANY PROFILES

  8.1. LIFE INC.

8.1.1. Company overview

8.1.2. Company snapshot

8.1.3. Product portfolio

8.1.4. Business performance

8.1.5. Key strategic moves and developments

8.2. LG ELECTRONICS

8.2.1. Company overview

8.2.2. Company snapshot

8.2.3. Operating business segments

8.2.4. Product portfolio

8.2.5. Business performance

8.2.6. Key strategic moves and developments

8.3. PANASONIC CORPORATION

8.3.1. Company overview

8.3.2. Company snapshot

8.3.3. Operating business segments

8.3.4. Product portfolio

8.3.5. Business performance

8.3.6. Key strategic moves and developments

8.4. SAMSUNG ELECTRONICS CO. LTD

8.4.1. Company overview

8.4.2. Company snapshot

8.4.3. Operating business segments

8.4.4. Product portfolio

8.4.5. Business performance

8.4.6. Key strategic moves and developments

8.5. QINGDAO HAIER CO., LTD.

8.5.1. Company overview

8.5.2. Company snapshot

8.5.3. Operating business segments

8.5.4. Product portfolio

8.5.5. Business performance

8.5.6. Key strategic moves and developments

8.6.  HITACHI, LTD

8.6.1. Company overview

8.6.2. Company Snapshot

8.6.3. Operating business segments

8.6.4. Product portfolio

8.6.5. Business performance

8.6.6. Key strategic moves and developments

8.7. WHIRLPOOL CORPORATION

8.7.1. Company overview

8.7.2. Company snapshot

8.7.3. Operating business segments

8.7.4. Product portfolio

8.7.5. Business performance

8.7.6. Key strategic moves and developments

8.8. SHARP CORPORATION

  8.8.1. Company overview

8.8.2. Company snapshot

8.8.3. Operating business segments

8.8.4. Product portfolio

8.8.5. Business performance

8.8.6. Key strategic moves and developments

8.9. AB ELECTROLUX

8.9.1. Company overview

8.9.2. Company snapshot

8.9.3. Operating business segments

8.9.4. Product portfolio

8.9.5. Business performance

8.9.6. Key strategic moves and developments

  8.10. TOVALA

8.10.1. Company overview

8.10.2. Company snapshot

8.10.3. Operating business segments

8.10.4. Product portfolio

8.10.5. Business performance

8.9.6. Key strategic moves and developments


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