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Global Smart Ovens Market Size study, by Type (Built-In and Counter Top), End User (Residential and Commercial), and Sales Channel (Offline Channels and Online Channels) and Regional Forecasts 2020-2027

  • BIZ4192968
  • 200 Pages
  • February 2021
  • Consumer Goods
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Global Smart Ovens Market is valued approximately at USD 194.59 million in 2019 and is anticipated to grow with a healthy growth rate of more than 14.6% over the forecast period 2020-2027. Smart ovens are kitchen appliances of the next generation, facilitated by advanced features to receive, process, and relay information via smartphones. Smart ovens are a range of electric microwaves that include Bluetooth or Wi-Fi. Smart ovens refer to appliances or an accompanying app. The companion app enables consumers to remotely monitor and regulate smart ovens. It can also be used to customize automated features. Voice controls and smart home devices similar to smart ovens have been launched. Amazon Echo or Google Home enables users to monitor linked smart ovens by voice. Further, with the help of smartphones, cooking temperature, setting the oven to preheat, and even turning off the oven can be done remotely. In addition, digital channels such as Yummly, a food and recipe digital application, can be linked to smart ovens. Smart ovens can read instructions from such platforms automatically and perform functions such as preheating, cooking food as per the time instructed, and then, based on instructions, turn themselves off. As a consequence, smart ovens provide consumers with great convenience and thus drive the growth of smart ovens market. Also, increasing demand for smart kitchen leads to increasing demand for smart oven market. For instance, as per statista, In 2019, size of the global smart kitchen market is projected to hit US$14.47 billion, an increase of approximately one billion over the previous year. The market is expected to grow through 2027, reaching up to 43 billion U.S. dollars by then. Furthermore, the demand for smart ovens has seen a rise in technical advances. The recent measures are now aimed at developments in sensor technology, which would empower security-oriented adaptable smart systems. Smart sensing during cooking has increased the overall protection of smart ovens. One of the leading factors responsible for kitchen fires is unmonitored cooking. As a result, advanced sensors are now being developed, enabling users to acquire contextual data around oven alarming fire hazards. Such safety characteristics are expected to further increase demand for smart ovens. However, high costs impedes the growth of the market over the forecast period of 2020-2027. Also, Rising trends in connected home appliances have provided all new avenues of growth and lucrative opportunities for players operating on the global smart ovens market.

The regional analysis of global Smart Ovens market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the Healthy cooking practices, the development of smart ovens that can preserve food nutrients during cooking, and the availability of energy-efficient appliances. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increase in the middle class and the working population by adopting smart ovens for their quick and convenient cooking features would create lucrative growth prospects for the Smart Ovens market across Asia-Pacific region.

Major market player included in this report are:

June Life Inc.,

LG Electronics

Panasonic Corporation

Samsung Electronics Co. Ltd.

Qingdao Haier Co., Ltd.

Hitachi, Ltd

Whirlpool Corporation

Sharp Corporation

AB Electrolux

Tovala.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Built-In

Counter Top

By End User:

Residential

Commercial

By Sales Channel:

Offline Channel

Online Channel

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global Smart Ovens Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)

1.2.1. Smart Ovens Market, by Region, 2018-2027 (USD Million)

1.2.2. Smart Ovens Market, by Type, 2018-2027 (USD Million)

1.2.3. Smart Ovens Market, by End User, 2018-2027 (USD Million)

1.2.4. Smart Ovens Market, by Sales Channel, 2018-2027 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Smart Ovens Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Smart Ovens Market Dynamics

3.1. Smart Ovens Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Smart Ovens Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Smart Ovens Market, by Type

5.1. Market Snapshot

5.2. Global Smart Ovens Market by Type, Performance - Potential Analysis

5.3. Global Smart Ovens Market Estimates & Forecasts by Type 2017-2027 (USD Million)

5.4. Smart Ovens Market, Sub Segment Analysis

5.4.1. Built-In

5.4.2. Counter Top

Chapter 6. Global Smart Ovens Market, by End User

6.1. Market Snapshot

6.2. Global Smart Ovens Market by End User, Performance - Potential Analysis

6.3. Global Smart Ovens Market Estimates & Forecasts by End User 2017-2027 (USD Million)

6.4. Smart Ovens Market, Sub Segment Analysis

6.4.1. Residential

6.4.2. Commercial

Chapter 7. Global Smart Ovens Market, by Sales Channel

7.1. Market Snapshot

7.2. Global Smart Ovens Market by Sales Channel, Performance - Potential Analysis

7.3. Global Smart Ovens Market Estimates & Forecasts by Sales Channel 2017-2027 (USD Million)

7.4. Smart Ovens Market, Sub Segment Analysis

7.4.1. Offline Channel

7.4.2. Online Channel

Chapter 8. Global Smart Ovens Market, Regional Analysis

8.1. Smart Ovens Market, Regional Market Snapshot

8.2. North America Smart Ovens Market

8.2.1. U.S. Smart Ovens Market

8.2.1.1. Type breakdown estimates & forecasts, 2017-2027

8.2.1.2. End User breakdown estimates & forecasts, 2017-2027

8.2.1.3. Sales Channel breakdown estimates & forecasts, 2017-2027

8.2.2. Canada Smart Ovens Market

8.3. Europe Smart Ovens Market Snapshot

8.3.1. U.K. Smart Ovens Market

8.3.2. Germany Smart Ovens Market

8.3.3. France Smart Ovens Market

8.3.4. Spain Smart Ovens Market

8.3.5. Italy Smart Ovens Market

8.3.6. Rest of Europe Smart Ovens Market

8.4. Asia-Pacific Smart Ovens Market Snapshot

8.4.1. China Smart Ovens Market

8.4.2. India Smart Ovens Market

8.4.3. Japan Smart Ovens Market

8.4.4. Australia Smart Ovens Market

8.4.5. South Korea Smart Ovens Market

8.4.6. Rest of Asia Pacific Smart Ovens Market

8.5. Latin America Smart Ovens Market Snapshot

8.5.1. Brazil Smart Ovens Market

8.5.2. Mexico Smart Ovens Market

8.6. Rest of The World Smart Ovens Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. June Life Inc.,

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. LG Electronics

9.2.3. Panasonic Corporation

9.2.4. Samsung Electronics Co. Ltd.

9.2.5. Qingdao Haier Co., Ltd.

9.2.6. Hitachi, Ltd

9.2.7. Whirlpool Corporation

9.2.8. Sharp Corporation

9.2.9. AB Electrolux

9.2.10. Tovala.

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Smart Ovens market, report scope

TABLE 2. Global Smart Ovens market estimates & forecasts by Region 2017-2027 (USD Million)

TABLE 3. Global Smart Ovens market estimates & forecasts by Type 2017-2027 (USD Million)

TABLE 4. Global Smart Ovens market estimates & forecasts by End User 2017-2027 (USD Million)

TABLE 5. Global Smart Ovens market estimates & forecasts by Sales Channel 2017-2027 (USD Million)

TABLE 6. Global Smart Ovens market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 7. Global Smart Ovens market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 8. Global Smart Ovens market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 9. Global Smart Ovens market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 10. Global Smart Ovens market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 11. Global Smart Ovens market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 12. Global Smart Ovens market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 13. Global Smart Ovens market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 14. Global Smart Ovens market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 15. Global Smart Ovens market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 16. U.S. Smart Ovens market estimates & forecasts, 2017-2027 (USD Million)

TABLE 17. U.S. Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 18. U.S. Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 19. Canada Smart Ovens market estimates & forecasts, 2017-2027 (USD Million)

TABLE 20. Canada Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 21. Canada Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 22. UK Smart Ovens market estimates & forecasts, 2017-2027 (USD Million)

TABLE 23. UK Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 24. UK Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 25. Germany Smart Ovens market estimates & forecasts, 2017-2027 (USD Million)

TABLE 26. Germany Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 27. Germany Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 28. RoE Smart Ovens market estimates & forecasts, 2017-2027 (USD Million)

TABLE 29. RoE Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 30. RoE Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 31. China Smart Ovens market estimates & forecasts, 2017-2027 (USD Million)

TABLE 32. China Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 33. China Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 34. India Smart Ovens market estimates & forecasts, 2017-2027 (USD Million)

TABLE 35. India Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 36. India Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 37. Japan Smart Ovens market estimates & forecasts, 2017-2027 (USD Million)

TABLE 38. Japan Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 39. Japan Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 40. RoAPAC Smart Ovens market estimates & forecasts, 2017-2027 (USD Million)

TABLE 41. RoAPAC Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 42. RoAPAC Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 43. Brazil Smart Ovens market estimates & forecasts, 2017-2027 (USD Million)

TABLE 44. Brazil Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 45. Brazil Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 46. Mexico Smart Ovens market estimates & forecasts, 2017-2027 (USD Million)

TABLE 47. Mexico Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 48. Mexico Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 49. RoLA Smart Ovens market estimates & forecasts, 2017-2027 (USD Million)

TABLE 50. RoLA Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 51. RoLA Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 52. Row Smart Ovens market estimates & forecasts, 2017-2027 (USD Million)

TABLE 53. Row Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 54. Row Smart Ovens market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 55. List of secondary sources, used in the study of global Smart Ovens market

TABLE 56. List of primary sources, used in the study of global Smart Ovens market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

 
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