Global Smart Ovens Market 2017-2021

  • ID: 4417860
  • Report
  • Region: Global
  • 67 pages
  • TechNavio
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FEATURED COMPANIES

  • Breville
  • Electrolux
  • GE Appliances
  • June Life
  • LG Electronics
  • Panasonic
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Smart Ovens

A smart oven is a device that is connected via Wi-Fi, NFC, or Bluetooth technologies to other smart kitchen appliances such as smart refrigerators and chimneys. The user can easily access the smart oven with the help of applications developed by vendors and control it from a remote location. Smart ovens are categorized into smart microwave ovens and smart wall ovens. Vendors are improving their product offerings by expanding their distribution channel and increasing the R&D investments.

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

Covered in this report

The report covers the present scenario and the growth prospects of the global smart ovens market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
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.

Key vendors
  • Electrolux
  • GE Appliances
  • LG Electronics
  • Robert Bosch
Other prominent vendors
  • Breville
  • June Life
  • Panasonic
  • Sharp
  • Tovala
  • Whirlpool
Market drivers
  • Changing lifestyles in developed and developing economies
  • For a full, detailed list, view the full report
Market challenges
  • High initial and maintenance costs
  • For a full, detailed list, view the full report
Market trends
  • High demand for energy-efficient microwave ovens
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Breville
  • Electrolux
  • GE Appliances
  • June Life
  • LG Electronics
  • Panasonic
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product type
  • Global smart ovens market by product type
PART 07: Geographical segmentation
  • Global smart ovens market by geography
  • -Americas
  • EMEA
  • APAC
PART 08: Market segmentation by distribution channel
  • Global smart ovens market by distribution channel
  • Offline distribution channel
  • Online distribution channel
PART 09: Key leading countries
  • US
  • UK
  • Germany
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Market challenges
PART 12: Market trends
  • High demand for energy-efficient microwave ovens
  • Innovation and advanced technologies in smart features
  • Image recognition to cook perfect meals
PART 13: Vendor landscape
  • Competitive scenario
  • Key competitive strategies
  • Other prominent vendors
PART 14: Key vendor analysis
  • Electrolux
  • GE Appliances
  • LG
  • Robert Bosch
PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global smart-connected kitchen appliances market ($ billions)
Exhibit 02: Global smart ovens market 2016-2021
Exhibit 03: Key parameters for buying smart ovens
Exhibit 04: Global smart ovens market 2016-2021 ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Global smart ovens market by product type 2016 and 2021 (% share of revenue)
Exhibit 07: Global smart microwave ovens market 2016-2021 ($ millions)
Exhibit 08: Global smart ovens market 2016-2021 ($ millions)
Exhibit 09: Global smart ovens market by geography 2016 and 2021 (% share of revenue)
Exhibit 10: Smart ovens market in Americas 2016-2021 ($ millions)
Exhibit 11: Smart ovens market in EMEA 2016-2021 ($ millions)
Exhibit 12: Smart ovens market in APAC 2016-2021 ($ millions)
Exhibit 13: Global smart ovens market by distribution channel 2016 and 2021 ($ millions)
Exhibit 14: Global smart ovens market by offline distribution channel 2016-2021 ($ millions)
Exhibit 15: Global smart ovens market by online distribution channel 2016-2021 ($ millions)
Exhibit 16: Other prominent vendors
Exhibit 17: Key vendors: Benchmarking on product offerings, product pricing, and geographical presence
Exhibit 18: Electrolux: Business segmentation
Exhibit 19: Electrolux: Business segmentation by revenue 2016 (%)
Exhibit 20: Electrolux: Geographical segmentation by revenue 2016 (%)
Exhibit 21: Electrolux: Recent developments
Exhibit 22: GE Appliances: Business segmentation by revenue 2016 (% share)
Exhibit 23: LG: Business segmentation
Exhibit 24: LG in global smart ovens market
Exhibit 25: LG: Business segmentation by revenue 2016 (%)
Exhibit 26: Robert Bosch: Business segmentation by revenue 2016 (%)
Exhibit 27: Robert Bosch: Geographic segmentation by revenue 2016 (%)
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FEATURED COMPANIES

  • Breville
  • Electrolux
  • GE Appliances
  • June Life
  • LG Electronics
  • Panasonic
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: - Global Smart Ovens Market 2017-2021

The author of the report recognizes the following companies as the key players in the global smart ovens market: Electrolux, GE Appliances, LG Electronics, and Robert Bosch.

Other Prominent Vendors in the market are: Breville, June Life, Panasonic, Sharp, Tovala, and Whirlpool.

Commenting on the report, an analyst from the research team said: “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.

Further, the report states that one challenge in the market is high initial and maintenance costs. Smart ovens are more expensive than traditional ovens. In developing countries, consumers prefer home appliances that cost less and offer high performance. This preference is based on the daily usage of products. The middle-class segment has other options such as an induction stove, cookers, and other traditional cooking appliances. Most vendors target metropolitan and cosmopolitan cities where the income levels are high compared to tier-II and tier-III cities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

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  • Electrolux
  • GE Appliances
  • LG Electronics
  • Robert Bosch
  • Breville
  • June Life
  • Panasonic
  • Sharp
  • Tovala
  • Whirlpool
Note: Product cover images may vary from those shown
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