Nov 1, 2017   SOURCE: BusinessWire

Global Smart Ovens Market - Analysis, Technologies & Forecasts to 2021 - Research and Markets

The "Global Smart Ovens Market 2017-2021" report has been added to Research and Markets' offering.

The report forecasts the global smart ovens market to grow at a CAGR of 18.55% during the period 2017-2021.

The report, Global Smart Ovens Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is high demand for energy-efficient microwave ovens. Kitchen appliances and home appliances account for one-fourth of the power consumption of households. A microwave oven is a kitchen appliance that uses electromagnetic radiation to cook and heat food. Hence, it consumes less energy than a conventional gas stove or oven.

According to the report, one driver in the market is changing lifestyles in developed and developing economies. The usage of smart technology is high in developed countries due to the availability of high-speed internet and enhanced telecommunication services, which boost the demand for smart home appliances. Developing economies such as China and India have high consumer spending and are focused on improving the quality of life. Consumers in these countries are adopting new lifestyles and are gradually shifting toward smart technologies, such as smart ovens, with the increase in smartphone penetration.

Key vendors

  • Electrolux
  • GE Appliances
  • LG Electronics
  • Robert Bosch

Other prominent vendors

  • Breville
  • June Life
  • Panasonic
  • Sharp
  • Tovala
  • Whirlpool

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Product Type

Part 07: Geographical Segmentation

Part 08: Market Segmentation By Distribution Channel

Part 09: Key Leading Countries

Part 10: Decision Framework

Part 11: Drivers And Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Key Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/m6ggnf/global_smart