Nov 6, 2020   SOURCE: BusinessWire

Global Smart Oven Market Report 2020: Industry Trends, Share, Size, Growth, Opportunity and Forecasts 2014-2019 & 2020-2025 - ResearchAndMarkets.com

The "Smart Oven Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The global smart oven market grew at a CAGR of around 22% during 2014-2019

A smart oven is a type of kitchen appliance that combines the utility of conventional and microwave ovens with Wi-Fi and Bluetooth for providing improved connectivity. Some variants of these ovens are also equipped with flexible cooktops and offer voice control functionality that can be carried out through the companion app or smart home assistants, such as Google Home and Amazon Alexa.

Smart ovens offer enhanced control by allowing users to adjust the temperature and cooking configurations remotely. They also provide a higher number of cooking modes and cycle settings, which range from reheating frozen foods to baking and roasting.

With the advent of the Internet of Things (IoT) and rising penetration of intelligent home assistants, smart ovens can be controlled through mobile applications, which send real-time status updates to users. This represents one of the most crucial factors bolstering the growth of the market across the globe.

Furthermore, owing to hectic lifestyles and inflating income levels, consumers are shifting toward smart appliances as they provide convenience and help in reducing the wastage of electricity. Moreover, technological advancements have enabled manufacturers to introduce smart ovens that have self-cleaning functions and can automatically switch off when the food reaches the right temperature.

They are also integrating smart ovens with applications that offer food recipes, wherein the appliances can automatically preheat to a set temperature and cook for the predefined period. Looking forward, the publisher expects the global smart oven market to continue its strong growth during the next five years.

Key Questions Answered in This Report:

  • How has the global smart oven market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global smart oven market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the capacity?
  • What is the breakup of the market based on the structure?
  • What is the breakup of the market based on the connectivity?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global smart oven market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Smart Oven Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Type

6.1 Single Function

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Multiple Function

7 Market Breakup by Distribution Channel

7.1 Online

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Offline

8 Market Breakup by Capacity

8.1 20-25 Litres

8.1.1 Market Trends

8.1.2 Market Forecast

8.2 26-30 Litres

8.3 Above 30 Litres

9 Market Breakup by Structure

9.1 Built-in

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 Countertop

10 Market Breakup by Connectivity

10.1 Bluetooth

10.1.1 Market Trends

10.1.2 Market Forecast

10.2 Wi-Fi

10.3 NFC

10.4 Others

11 Market Breakup by Application

11.1 Residential

11.1.1 Market Trends

11.1.2 Market Forecast

11.2 Commercial

12 Market Breakup by Region

13 SWOT Analysis

13.1 Overview

13.2 Strengths

13.3 Weaknesses

13.4 Opportunities

13.5 Threats

14 Value Chain Analysis

15 Porters Five Forces Analysis

15.1 Overview

15.2 Bargaining Power of Buyers

15.3 Bargaining Power of Suppliers

15.4 Degree of Competition

15.5 Threat of New Entrants

15.6 Threat of Substitutes

16 Price Analysis

17 Competitive Landscape

17.1 Market Structure

17.2 Key Players

17.3 Profiles of Key Players

  • Breville Group Limited
  • Bsh Home Appliances Corporation (Robert Bosch GmbH)
  • Electrolux AB
  • Haier Group
  • LG Electronics Inc.
  • Panasonic Corporation
  • Samsung Electronics Co. Ltd.
  • Sharp Corporation
  • Sub-Zero Group Inc.
  • Whirlpool Corporation.

For more information about this report visit https://www.researchandmarkets.com/r/1oz2gl