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Smart Oven Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • ID: 5441999
  • Report
  • September 2021
  • Region: Global
  • 146 Pages
  • IMARC Group

FEATURED COMPANIES

  • Breville Group Limited
  • Electrolux AB
  • Haier Group
  • LG Electronics Inc.
  • Panasonic Corporation
  • Sharp Corporation
The global smart oven market exhibited strong growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 20% during 2021-2026. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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.

Key Market Segmentation


The analyst provides an analysis of the key trends in each sub-segment of the global smart oven market, along with forecasts at the global, regional and country level from 2021-2026. The report has categorized the market based on region, type, distribution channel, capacity, structure, connectivity and application.

Breakup by Type

  • Single Function
  • Multiple Function

Breakup by Distribution Channel

  • Online
  • Offline

Breakup by Capacity

  • 20-25 Litres
  • 26-30 Litres
  • Above 30 Litres

Breakup by Structure

  • Built-in
  • Countertop

Breakup by Connectivity

  • Bluetooth
  • Wi-Fi
  • NFC
  • Others

Breakup by Application

  • Residential
  • Commercial

Breakup by Region

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape


The report has also analysed the competitive landscape of the market with some of the key players being 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. and Whirlpool Corporation.

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?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Breville Group Limited
  • Electrolux AB
  • Haier Group
  • LG Electronics Inc.
  • Panasonic Corporation
  • Sharp Corporation
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
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Distribution Channel
7.1 Online
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Offline
7.2.1 Market Trends
7.2.2 Market Forecast

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
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Above 30 Litres
8.3.1 Market Trends
8.3.2 Market Forecast

9 Market Breakup by Structure
9.1 Built-in
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Countertop
9.2.1 Market Trends
9.2.2 Market Forecast

10 Market Breakup by Connectivity
10.1 Bluetooth
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Wi-Fi
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 NFC
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Others
10.4.1 Market Trends
10.4.2 Market Forecast

11 Market Breakup by Application
11.1 Residential
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Commercial
11.2.1 Market Trends
11.2.2 Market Forecast

12 Market Breakup by Region
12.1 North America
12.1.1 United States
12.1.1.1 Market Trends
12.1.1.2 Market Forecast
12.1.2 Canada
12.1.2.1 Market Trends
12.1.2.2 Market Forecast
12.2 Asia Pacific
12.2.1 China
12.2.1.1 Market Trends
12.2.1.2 Market Forecast
12.2.2 Japan
12.2.2.1 Market Trends
12.2.2.2 Market Forecast
12.2.3 India
12.2.3.1 Market Trends
12.2.3.2 Market Forecast
12.2.4 South Korea
12.2.4.1 Market Trends
12.2.4.2 Market Forecast
12.2.5 Australia
12.2.5.1 Market Trends
12.2.5.2 Market Forecast
12.2.6 Indonesia
12.2.6.1 Market Trends
12.2.6.2 Market Forecast
12.2.7 Others
12.2.7.1 Market Trends
12.2.7.2 Market Forecast
12.3 Europe
12.3.1 Germany
12.3.1.1 Market Trends
12.3.1.2 Market Forecast
12.3.2 France
12.3.2.1 Market Trends
12.3.2.2 Market Forecast
12.3.3 United Kingdom
12.3.3.1 Market Trends
12.3.3.2 Market Forecast
12.3.4 Italy
12.3.4.1 Market Trends
12.3.4.2 Market Forecast
12.3.5 Spain
12.3.5.1 Market Trends
12.3.5.2 Market Forecast
12.3.6 Russia
12.3.6.1 Market Trends
12.3.6.2 Market Forecast
12.3.7 Others
12.3.7.1 Market Trends
12.3.7.2 Market Forecast
12.4 Latin America
12.4.1 Brazil
12.4.1.1 Market Trends
12.4.1.2 Market Forecast
12.4.2 Mexico
12.4.2.1 Market Trends
12.4.2.2 Market Forecast
12.4.3 Others
12.4.3.1 Market Trends
12.4.3.2 Market Forecast
12.5 Middle East and Africa
12.5.1 Market Trends
12.5.2 Market Breakup by Country
12.5.3 Market Forecast

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
17.3.1 Breville Group Limited
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Financials
17.3.1.4 SWOT Analysis
17.3.2 Bsh Home Appliances Corporation (Robert Bosch GmbH)
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.3 Electrolux AB
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Financials
17.3.3.4 SWOT Analysis
17.3.4 Haier Group
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.5 LG Electronics Inc.
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Financials
17.3.6 Panasonic Corporation
17.3.6.1 Company Overview
17.3.6.2 Product Portfolio
17.3.6.3 Financials
17.3.6.4 SWOT Analysis
17.3.7 Samsung Electronics Co. Ltd.
17.3.7.1 Company Overview
17.3.7.2 Product Portfolio
17.3.7.3 Financials
17.3.7.4 SWOT Analysis
17.3.8 Sharp Corporation
17.3.8.1 Company Overview
17.3.8.2 Product Portfolio
17.3.8.3 Financials
17.3.9 Sub-Zero Group Inc.
17.3.9.1 Company Overview
17.3.9.2 Product Portfolio
17.3.10 Whirlpool Corporation
17.3.10.1 Company Overview
17.3.10.2 Product Portfolio
17.3.10.3 Financials
17.3.10.4 SWOT Analysis

List of Figures
Figure 1: Global: Smart Oven Market: Major Drivers and Challenges
Figure 2: Global: Smart Oven Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Smart Oven Market: Breakup by Type (in %), 2020
Figure 4: Global: Smart Oven Market: Breakup by Distribution Channel (in %), 2020
Figure 5: Global: Smart Oven Market: Breakup by Capacity (in %), 2020
Figure 6: Global: Smart Oven Market: Breakup by Structure (in %), 2020
Figure 7: Global: Smart Oven Market: Breakup by Connectivity (in %), 2020
Figure 8: Global: Smart Oven Market: Breakup by Application (in %), 2020
Figure 9: Global: Smart Oven Market: Breakup by Region (in %), 2020
Figure 10: Global: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Smart Oven (Single Function) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Smart Oven (Single Function) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Smart Oven (Multiple Function) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Smart Oven (Multiple Function) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Smart Oven (Online) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Smart Oven (Online) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Smart Oven (Offline) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Smart Oven (Offline) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Smart Oven (20-25 Litres) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Smart Oven (20-25 Litres) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Smart Oven (26-30 Litres) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Smart Oven (26-30 Litres) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Smart Oven (Above 30 Litres) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Smart Oven (Above 30 Litres) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Smart Oven (Built-in) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Smart Oven (Built-in) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Smart Oven (Countertop) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Smart Oven (Countertop) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Smart Oven (Bluetooth) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Smart Oven (Bluetooth) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Smart Oven (Wi-Fi) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Smart Oven (Wi-Fi) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Smart Oven (NFC) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Smart Oven (NFC) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Smart Oven (Other Connectivity Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Smart Oven (Other Connectivity Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Global: Smart Oven (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Global: Smart Oven (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Global: Smart Oven (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Global: Smart Oven (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: North America: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: North America: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: United States: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: United States: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Canada: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Canada: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Asia Pacific: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Asia Pacific: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: China: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: China: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Japan: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Japan: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: India: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: India: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: South Korea: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: South Korea: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Australia: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Australia: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Indonesia: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Indonesia: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Others: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Others: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Europe: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Europe: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Germany: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Germany: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: France: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: France: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: United Kingdom: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: United Kingdom: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Italy: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Italy: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Spain: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Spain: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Russia: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Russia: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Others: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Others: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Latin America: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Latin America: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Brazil: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Brazil: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Mexico: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 84: Mexico: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 85: Others: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 86: Others: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 87: Middle East and Africa: Smart Oven Market: Sales Value (in Million US$), 2015 & 2020
Figure 88: Middle East and Africa: Smart Oven Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 89: Global: Smart Oven Industry: SWOT Analysis
Figure 90: Global: Smart Oven Industry: Value Chain Analysis
Figure 91: Global: Smart Oven Industry: Porter’s Five Forces Analysis

List of Tables
Table 1: Global: Smart Oven Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Smart Oven Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Smart Oven Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 4: Global: Smart Oven Market Forecast: Breakup by Capacity (in Million US$), 2021-2026
Table 5: Global: Smart Oven Market Forecast: Breakup by Structure (in Million US$), 2021-2026
Table 6: Global: Smart Oven Market Forecast: Breakup by Connectivity (in Million US$), 2021-2026
Table 7: Global: Smart Oven Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 8: Global: Smart Oven Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 9: Global: Smart Oven Market Structure
Table 10: Global: Smart Oven Market: Key Players
Note: Product cover images may vary from those shown
  • 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
Note: Product cover images may vary from those shown

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