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

Market Overview:

The global smart oven market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 20% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are 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:

IMARC Group provides an analysis of the key trends in each sub-segment of the global smart oven market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our 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.

Report Coverages:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Million
Segment Coverage Type, Distribution Channel, Capacity, Structure, Connectivity, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

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?

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

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