According to IMARC Group’s latest report, titled “Smart Ovens Market Share: Industry Trends, Share, Size, Demand, Opportunity and Forecast 2020-2025,” the global smart ovens market to continue its moderate growth during the next five years.
A smart oven refers to a type of kitchen appliance that integrates the functioning of microwave ovens with Wi-Fi and Bluetooth for providing enhanced connectivity. Several variants of these ovens are also equipped with flexible cooktops and offer voice control functionality through AI-based assistants, like Google Home and Amazon Alexa. Smart ovens provide improved control by allowing users to remotely adjust the temperature and cooking configurations. They also offer a higher number of cooking modes and cycle settings, that usually range from reheating frozen foods to baking and roasting.
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The emergence of smart ovens that have preset food recipes, wherein the appliances are capable of automatically preheating the oven to a set temperature and cook for the predefined period, is currently augmenting the market growth. With the advent of the Internet of Things (IoT), several mobile applications have gained prominence that can remotely control and monitor smart ovens. Other factors, such as the hectic work schedules of the consumers, increasing penetration of smart devices, improving consumer living standards, the rapid development of smart housing infrastructures, etc., are also propelling the market for smart ovens on a global level.
Smart Ovens Market 2020-2025 Analysis and Segmentation:
The report has segmented the market on the basis of type, distribution channel, capacity, structure, connectivity, application and region.
Breakup by Type:
- Single Function
- Multiple Function
Breakup by Distribution Channel:
Breakup by Capacity:
- 20-25 Litres
- 26-30 Litres
- Above 30 Litres
Breakup by Structure:
Breakup by Connectivity:
Breakup by Application:
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Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Breville Group Limited
- Bsh Home Appliances Corporation
- Electrolux AB
- Haier Group
- LG Electronics Inc.
- Panasonic Corporation
- Samsung Electronics Co. Ltd.
- Sharp Corporation
- Sub-Zero Group Inc.
- Whirlpool Corporation.
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