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Smart Ovens Market by Type (Built-In and Counter Top), End User (Residential and Commercial), and Sales Channel (Offline Channels and Online Channels): Global Opportunity Analysis and Industry Forecast, 2019–2026

A06011
Pages: 263
Feb 2020 | 1539 Views
 
Author(s) : Himanshu Vig , Roshan Deshmukh
Tables: 131
Charts: 71
 

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The smart ovens market size was valued at $169.8 million in 2018, and is projected to reach $501.4 million by 2026, registering a CAGR of 14.6% from 2019 to 2026. The counter top segment accounted for the highest smart ovens market share in 2018 and is expected to retain its dominance throughout the forecast period.

Smart ovens are next generation kitchen appliances, facilitated with advanced features for receiving, processing, and transmitting information using smartphones. Smart ovens are electric range of microwaves that include Bluetooth or Wi-Fi. Smart ovens are connected to devices or a companion app. The companion app allows consumers to control and regulate smart ovens remotely. It can also be used to set automatic functions. Voice controls and smart home devices connected smart ovens have been introduced in recent years. Amazon Echo or Google Home allows users to voice control connected smart ovens. These ovens have all functions of conventional ovens, along with additional settings and configurations.

Smart Ovens Market

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Cooking temperature, setting oven to preheat, and even switching off oven can be performed remotely with the help of smartphones. Furthermore, smart ovens can be connected to digital platforms such as Yummly, a food and recipe digital application. Smart ovens can automatically read instructions from such platforms and perform functions such as preheating, cooking food as per the instructed time, and then turn itself off based on instructions. As a result, smart ovens provide great convenience to users and thus, drives its market growth.

The smart ovens market has witnessed upsurge in technological innovations in the last two years. The recent strides are now aiming toward advancements for sensor technology, which would empower adaptable smart systems targeting safety. Smart sensing has enhanced overall safety of smart ovens during cooking. Unmonitored cooking is one of the leading factors responsible for kitchen fires. As a result, advanced sensors are now being developed, which enables contextual data acquisition around oven alarming for fire hazards to users. Such safety features are anticipated to further bolster demand for smart ovens in the estimated forecast.

Demand for faster and healthy food consumption are the major factors driving the demand for ovens, which, in turn, drives the smart ovens market growth. Smart ovens cook food faster and keep nutrients of food intact; thus, providing tasty and healthy food within minutes. Smart ovens are energy efficient and equipped with multiple healthy cooking functions, which caters to the ever-changing demands of customers. Moreover, rise in trend of connected home appliances has provided all new growth avenues and lucrative opportunities for the players operating in the market.

Segment Review

The global smart ovens market is segmented into type, end user, sales channel, and region. By type, it is studied across built-in and counter top. On the basis of end user, it is bifurcated into residential and commercial. On the basis of sales channel, is divided into offline channels and online channels. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. 

On the basis of type, the counter top segment led the market, in terms of global smart ovens demand and is poised to grow with the highest CAGR during the forecast period. Countertops are cheaper and compact compared to its counterparts as a result have a very high adoption rate, particularly from the residential segment.

Smart Ovens Market
By Type

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Counter-Top segment would exhibit the highest CAGR of 15.1% during 2019-2026.

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On the basis of end user, the residential segment led the market, in terms of global market demand for the year 2018 and is poised to grow with the highest CAGR during the forecast period. Increasing consumer awareness and improving standard of living have fostered demand for smart ovens from the residential segment.

Smart Ovens Market
By End User

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Residential segment would exhibit the highest CAGR of 15.0% during 2019-2026.

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On the basis of sales channel, the offline channel dominated the global market for the year 2018, however the online channel is anticipated to grow with a robust CAGR during the forecast period. 

Smart Ovens Market
By Sales Channel

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Online Channels segment would exhibit the highest CAGR of 16.8% during 2019-2026.

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Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. North America led, in terms of market share for the year 2018, however, Asia-Pacific is estimated to grow with the highest CAGR during the forecast period.

Smart Ovens Market
By Region

2026
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 16.6% during 2019-2026.

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The global smart ovens industry has been dominated by consumer electronics moguls with players such as Samsung, LG, Panasonic, and Whirlpool leading as front runners in the market, however, recent years have seen surge in regional players such as Tovala and June Life Inc. coming up with innovative and smart ovens with advanced features.

The report focuses on the growth prospects, restraints, and opportunities of the global smart ovens market. The study provides Porter’s five forces analysis to understand the impact of various factors such as competitive intensity of competitors, bargaining power of suppliers, threat of substitutes, threat of new entrants, and bargaining power of buyers of the smart ovens market.

Some of the key players in the smart ovens market analysis includes June Life Inc., LG Electronics, Panasonic Corporation, Samsung Electronics Co. Ltd., Qingdao Haier Co., Ltd. (Haier), Hitachi, Ltd, Whirlpool Corporation, Sharp Corporation, AB Electrolux, and Tovala. 

Key Benefits for Stakeholders:

  • The report provides an extensive analysis of the current and emerging trends and opportunities.
  • The report provides detailed qualitative and quantitative analysis of the current smart ovens market trends and future estimations that help evaluate the prevailing smart ovens market opportunities.
  • The smart ovens market forecast is offered along with information related to key drivers, restraints, and opportunities.
  • The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.

Segmentation:

By Type

  • Built-In
  • Counter Top

By End User

  • Residential
  • Commercial

By Sales Channel

  • Offline Channel
  • Online Channel

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia-pacific
    • China
    • India
    • Japan
    • Australia and New Zealand
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings

2.1.1. Top impacting factors
2.1.2. Top investment pockets

2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Porter's five forces analysis

3.2.1. Bargaining power of suppliers
3.2.2. Bargaining power of buyers
3.2.3. Threat of substitution
3.2.4. Threat of new entrants
3.2.5. Intensity of competitive rivalry

3.3. Supply chain analysis
3.4. Parent market overview
3.5. Smart ovens Market Pricing Analysis
3.6. Market dynamics

3.6.1. Drivers

3.6.1.1. Advancement in Smart ovens features to usher market expansion
3.6.1.1. Technological innovations in smart ovens
3.6.1.2. Increasing demand for ready to eat food

3.6.2. Restraints

3.6.2.1. Availability of cost-effective counterparts to dissuade market growth

3.6.3. Opportunities

3.6.3.1. Expanding into developing countries by creating product awareness
3.6.3.2. Voice control smart ovens to gain wide traction in the upcoming years

CHAPTER 4: GLOBAL SMART OVENS MARKET, BY TYPE

4.1. Overview

4.1.1. Market size and forecast, by type

4.2. Built In

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country

4.3. Counter Top

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country

CHAPTER 5: GLOBAL SMART OVENS MARKET, BY END USER

5.1. Overview

5.1.1. Market size and forecast, by end user

5.2. Residential

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country

5.3. Commercial

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country

CHAPTER 6: GLOBAL SMART OVENS MARKET, BY SALES CHANNEL

6.1. Overview

6.1.1. Market size and forecast, by sales Channel

6.2. Offline Channels

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis, by country

6.3. Online Channels

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis, by country

CHAPTER 7: SMART OVENS MARKET, BY REGION

7.1. Overview

7.1.1. Market size and forecast, by Region

7.2. North America

7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by type
7.2.3. Market size and forecast, by end user
7.2.4. Market size and forecast, by sales Channel
7.2.5. Market analysis, by country

7.2.5.1. U.S.

7.2.5.1.1. Market size and forecast, by type
7.2.5.1.2. Market size and forecast, by end user
7.2.5.1.3. Market size and forecast, by sales Channel

7.2.5.2. CANADA

7.2.5.2.1. Market size and forecast, by type
7.2.5.2.2. Market size and forecast, by end user
7.2.5.2.3. Market size and forecast, by sales Channel

7.2.5.3. MEXICO

7.2.5.3.1. Market size and forecast, by type
7.2.5.3.2. Market size and forecast, by end user
7.2.5.3.3. Market size and forecast, by sales Channel

7.3. Europe

7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by type
7.3.3. Market size and forecast, by end user
7.3.4. Market size and forecast, by sales channel
7.3.5. Market analysis, by country

7.3.5.1. UK

7.3.5.1.1. Market size and forecast, by type
7.3.5.1.2. Market size and forecast, by end user
7.3.5.1.3. Market size and forecast, by sales Channel

7.3.5.2. GERMANY

7.3.5.2.1. Market size and forecast, by type
7.3.5.2.2. Market size and forecast, by end user
7.3.5.2.3. Market size and forecast, by sales Channel

7.3.5.3. France

7.3.5.3.1. Market size and forecast, by type
7.3.5.3.2. Market size and forecast, by end user
7.3.5.3.3. Market size and forecast, by sales Channel

7.3.5.4. SPAIN

7.3.5.4.1. Market size and forecast, by type
7.3.5.4.2. Market size and forecast, by end user
7.3.5.4.3. Market size and forecast, by sales Channel

7.3.5.5. REST OF EUROPE

7.3.5.5.1. Market size and forecast, by type
7.3.5.5.2. Market size and forecast, by end user
7.3.5.5.3. Market size and forecast, by sales Channel

7.4. Asia-Pacific

7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by type
7.4.3. Market size and forecast, by end user
7.4.4. Market size and forecast, by sales channel
7.4.5. Market analysis, by country

7.4.5.1. CHINA

7.4.5.1.1. Market size and forecast, by type
7.4.5.1.2. Market size and forecast, by end user
7.4.5.1.3. Market size and forecast, by sales Channel

7.4.5.2. INDIA

7.4.5.2.1. Market size and forecast, by type
7.4.5.2.2. Market size and forecast, by end user
7.4.5.2.3. Market size and forecast, by sales Channel

7.4.5.3. JAPAN

7.4.5.3.1. Market size and forecast, by type
7.4.5.3.2. Market size and forecast, by end user
7.4.5.3.3. Market size and forecast, by sales Channel

7.4.5.4. AUSTRALIA AND NEW ZEALAND

7.4.5.4.1. Market size and forecast, by type
7.4.5.4.2. Market size and forecast, by end user
7.4.5.4.3. Market size and forecast, by sales Channel

7.4.5.5. REST OF ASIA-PACIFIC

7.4.5.5.1. Market size and forecast, by type
7.4.5.5.2. Market size and forecast, by end user
7.4.5.5.3. Market size and forecast, by sales Channel

7.5. LAMEA

7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast, by type
7.5.3. Market size and forecast, by end user
7.5.4. Market size and forecast, by sales Channel
7.5.5. Market analysis, by country

7.5.5.1. LATIN AMERICA

7.5.5.1.1. Market size and forecast, by type
7.5.5.1.2. Market size and forecast, by end user
7.5.5.1.3. Market size and forecast, by sales Channel

7.5.5.2. MIDDLE EAST

7.5.5.2.1. Market size and forecast, by type
7.5.5.2.2. Market size and forecast, by end user
7.5.5.2.3. Market size and forecast, by sales Channel

7.5.5.3. AFRICA

7.5.5.3.1. Market size and forecast, by type
7.5.5.3.2. Market size and forecast, by end user
7.5.5.3.3. Market size and forecast, by sales Channel

CHAPTER 8: COMPETITION LANDSCAPE

8.1. Competitive Dashboard
8.2. Product Mapping
8.3. Competitive Heatmap
8.4. Top winning strategies
8.5. Key developments

8.5.1. Business expansion
8.5.2. Product launch
8.5.3. Acquisition
8.5.4. Collaboration
8.5.5. Partnership
8.5.6. Merger
8.5.7. Joint Venture

CHAPTER 9: COMPANY PROFILES

9.1. June Life Inc.

9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Product portfolio
9.1.5. Key strategic moves and developments

9.2. LG Electronics

9.2.1. Company overview
9.2.2. Key Executive
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. Business performance
9.2.7. Key strategic moves and developments

9.3. Panasonic Corporation

9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. R&D Expenditure
9.3.7. Business performance
9.3.8. Key strategic moves and developments

9.4. SAMSUNG ELECTRONICS CO. LTD.

9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. R&D Expenditure
9.4.7. Business performance
9.4.8. Key strategic moves and developments

9.5. QINGDAO HAIER CO., LTD.

9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. Business performance
9.5.7. Key strategic moves and developments

9.6. HITACHI, LTD

9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.6.6. Business performance
9.6.7. Key strategic moves and developments

9.7. WHIRLPOOL CORPORATION

9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Operating business segments
9.7.4. Product portfolio
9.7.5. R&D Expenditure
9.7.6. Business performance
9.7.7. Key strategic moves and developments

9.8. SHARP CORPORATION

9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Operating business segments
9.8.4. Product portfolio
9.8.5. R&D Expenditure
9.8.6. Business performance
9.8.7. Key strategic moves and developments

9.9. AB Electrolux

9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Product portfolio
9.9.5. Operating business segments
9.9.6. R&D Expenditure
9.9.7. Business performance
9.9.8. Key strategic moves and developments

9.10. Tovala

9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Product portfolio
9.10.5. Key strategic moves and developments

9.11. DISCLAIMER

LIST OF TABLES

TABLE 01. GLOBAL SMART OVENS MARKET, BY TYPE, 2018–2026 ($ MILLION)
TABLE 02. GLOBAL BUILT IN SMART OVENS MARKET, BY REGION, 2018–2026 ($ MILLION)
TABLE 03. GLOBAL COUNTER TOP SMART OVENS MARKET, BY REGION, 2018–2026 ($ MILLION)
TABLE 04. GLOBAL SMART OVENS MARKET, BY END USER, 2018–2026 ($ MILLION)
TABLE 05. GLOBAL RESIDENTIAL SMART OVENS MARKET, BY REGION, 2018–2026 ($ MILLION)
TABLE 06. GLOBL COMMERCIAL SMART OVENS MARKET, BY REGION, 2018–2026 ($ MILLION)
TABLE 07. GLOBAL SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 08. GLOBAL SMART OVENS MARKET SALES THROUGH OFFLINE CHANNELS, BY REGION, 2018–2026 ($ MILLION)
TABLE 09. GLOBAL SMART OVENS MARKET SALES THROUGH ONLINE CHANNELS, BY REGION, 2018–2026 ($ MILLION)
TABLE 10. GLOBAL SMART OVENS MARKET, BY REGION, 2018–2026 ($ MILLION)
TABLE 11. NORTH AMERICA SMART OVENS MARKET VALUE, BY TYPE 2018–2026 ($ MILLION)
TABLE 12. NORTH AMERICA SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 13. NORTH AMERICA SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 14. NORTH AMERICA SMART OVENS MARKET VALUE, BY COUNTRY, 2018–2026 ($ MILLION)
TABLE 15. U.S. SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 16. U.S. SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 17. U.S. SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 18. CANADA SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 19. CANADA SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 20. CANADA SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 21. MEXICO SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 22. MEXICO SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 23. MEXICO SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 24. EUROPE SMART OVENS MARKET VALUE, BY TYPE 2018–2026 ($ MILLION)
TABLE 25. EUROPE SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 26. EUROPE SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 27. EUROPE SMART OVENS MARKET VALUE, BY COUNTRY, 2018–2026 ($ MILLION)
TABLE 28. UK SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 29. UK SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 30. UK SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 31. GERMANY SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 32. GERMANY SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 33. GERMANY SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 34. FRANCE SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 35. FRANCE SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 36. FRANCE SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 37. SPAIN SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 38. SPAIN SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 39. SPAIN SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 40. REST OF EUROPE SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 41. REST OF EUROPE SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 42. REST OF EUROPE SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 43. ASIA-PACIFIC SMART OVENS MARKET VALUE, BY TYPE 2018–2026 ($ MILLION)
TABLE 44. ASIA-PACIFIC SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 45. ASIA-PACIFIC SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 46. ASIA-PACIFIC SMART OVENS MARKET VALUE, BY COUNTRY, 2018–2026 ($ MILLION)
TABLE 47. CHINA SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 48. CHINA SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 49. CHINA SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 50. INDIA SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 51. INDIA SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 52. INDIA SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 53. JAPAN SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 54. JAPAN SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 55. JAPAN SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 56. AUSTRALIA AND NEW ZEALAND SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 57. AUSTRALIA AND NEW ZEALAND SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 58. AUSTRALIA AND NEW ZEALAND SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 59. REST OF ASIA-PACIFIC SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 60. REST OF ASIA-PACIFIC SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 61. REST OF ASIA-PACIFIC SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 62. LAMEA SMART OVENS MARKET VALUE, BY TYPE 2018–2026 ($ MILLION)
TABLE 63. LAMEA SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 64. LAMEA SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 65. LAMEA SMART OVENS MARKET VALUE, BY COUNTRY, 2018–2026 ($ MILLION)
TABLE 66. LATIN AMERICA SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 67. LATIN AMERICA SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 68. LATIN AMERICA SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 69. MIDDLE EAST SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 70. MIDDLE EAST SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 71. MIDDLE EAST SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 72. AFRICA SMART OVENS MARKET VALUE, BY TYPE, 2018–2026 ($ MILLION)
TABLE 73. AFRICA SMART OVENS MARKET VALUE, BY END USER, 2018–2026 ($ MILLION)
TABLE 74. AFRICA SMART OVENS MARKET VALUE, BY SALES CHANNEL, 2018–2026 ($ MILLION)
TABLE 75. JUNE LIFE, INC.: KEY EXECUTIVES
TABLE 76. JUNE LIFE, INC: COMPANY SNAPSHOT
TABLE 77. JUNE LIFE, INC: PRODUCT PORTFOLIO
TABLE 78. LG ELECTRONICS: KEY EXECUTIVES
TABLE 79. LG ELECTRONICS.: COMPANY SNAPSHOT
TABLE 80. LG ELECTRONICS.: OPERATING SEGMENTS
TABLE 81. LG ELECTRONICS.: PRODUCT PORTFOLIO
TABLE 82. LG ELECTRONICS: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 83. LG ELECTRONICS: NET SALES, 2016–2018 ($MILLION)
TABLE 84. LG ELECTRONICS.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 85. PANASONIC CORPORATION: COMPANY SNAPSHOT
TABLE 86. PANASONIC CORPORATION: OPERATING SEGMENTS
TABLE 87. PANASONIC CORPORATION: PRODUCT PORTFOLIO
TABLE 88. PANASONIC CORPORATION: R&D EXPENDITURE: ($MILLION)
TABLE 89. PANASONIC CORPORATION: NET SALES: ($MILLION)
TABLE 90. PANASONIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 91. SAMSUNG ELECTRONICS CO. LTD.: COMPANY SNAPSHOT
TABLE 92. SAMSUNG ELECTRONICS CO. LTD.: OPERATING SEGMENTS
TABLE 93. SAMSUNG ELECTRONICS CO. LTD.: PRODUCT PORTFOLIO
TABLE 94. SAMSUNG ELECTRONICS CO. LTD.: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 95. SAMSUNG ELECTRONICS CO. LTD.: NET SALES, 2016–2018 ($MILLION)
TABLE 96. SAMSUNG ELECTRONICS CO. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 97. HAIER: KEY EXECUTIVES
TABLE 98. HAIER: COMPANY SNAPSHOT
TABLE 99. HAIER: OPERATING SEGMENTS
TABLE 100. HAIER : PRODUCT PORTFOLIO
TABLE 101. HAIER: NET SALES, 2016–2018 ($MILLION)
TABLE 102. HITACHI, LTD.: KEY EXECUTIVES
TABLE 103. HITACHI, LTD.: COMPANY SNAPSHOT
TABLE 104. HITACHI, LTD.: OPERATING SEGMENTS
TABLE 105. ZADRO PRODUCTS, INC.: PRODUCT PORTFOLIO
TABLE 106. HITACHI, LTD: NET SALES, 2016–2018 ($MILLION)
TABLE 107. HITACHI, LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 108. WHIRLPOOL CORPORATION: COMPANY SNAPSHOT
TABLE 109. WHIRLPOOL CORPORATION: OPERATING SEGMENTS
TABLE 110. WHIRLPOOL CORPORATION,LTD.: PRODUCT PORTFOLIO
TABLE 111. WHIRLPOOL CORPORATION, LTD.: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 112. WHIRLPOOL CORPORATION, LTD.: NET SALES, 2016–2018 ($MILLION)
TABLE 113. WHIRLPOOL CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 114. SHARP: KEY EXECUTIVES
TABLE 115. SHARP: COMPANY SNAPSHOT
TABLE 116. SHARP: OPERATING SEGMENTS
TABLE 117. SHARP: PRODUCT PORTFOLIO
TABLE 118. SHARP CORPORATION: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 119. SHARP CORPORATION: NET SALES, 2016–2018 ($MILLION)
TABLE 120. SHARP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 121. AB ELECTROLUX: KEY EXECUTIVES
TABLE 122. AB ELECTROLUX: COMPANY SNAPSHOT
TABLE 123. AB ELECTROLUX: PRODUCT PORTFOLIO
TABLE 124. AB ELECTROLUX: OPERATING SEGMENTS
TABLE 125. AB ELECTROLUX: R&D EXPENDITURE, 2016–2018 ($MILLION)
TABLE 126. AB ELECTROLUX: NET SALES, 2016–2018 ($MILLION)
TABLE 127. AB ELECTROLUX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 128. TOVALA: KEY EXECUTIVES
TABLE 129. TOVALA: COMPANY SNAPSHOT
TABLE 130. TOVALA: PRODUCT PORTFOLIO
TABLE 131. TOVALA: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY
FIGURE 03. TOP IMPACTING FACTORS
FIGURE 04. TOP INVESTMENT POCKETS
FIGURE 05. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06. MODERATE BARGAINING POWER OF BUYERS
FIGURE 07. HIGH THREAT OF SUBSTITUTION
FIGURE 08. MODERATE THREAT OF NEW ENTRANTS
FIGURE 09. HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 10. GLOBAL SMART OVENS MARKET, BY TYPE, 2018 (%)
FIGURE 11. COMPARATIVE VALUE SHARE ANALYSIS OF BUILT IN SMART OVENS MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 12. COMPARATIVE VALUE SHARE ANALYSIS OF COUNTER TOP SMART OVENS MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 13. GLOBAL SMART OVENS MARKET, BY END USER, 2018 (%)
FIGURE 14. COMPARATIVE VALUE SHARE ANALYSIS OF GLOBAL RESIDENTIAL SMART OVENS MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 15. COMPARATIVE VALUE SHARE ANALYSIS OF COMMERCIAL SMART OVENS MARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 16. GLOBAL SMART OVENS MARKET, BY SALES CHANNEL, 2018 (%)
FIGURE 17. COMPARATIVE VALUE SHARE ANALYSIS OF SMART OVENS MARKET SALES THROUGH OFFLINE CHANNELS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 18. COMPARATIVE VALUE SHARE ANALYSIS OF GLOBAL SMART OVENS MARKET SALES THROUGH ONLINE CHANNELS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 19. GLOBAL SMART OVENS MARKET, BY REGION 2018 (%)
FIGURE 20. U.S. SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 21. CANADA SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 22. MEXICO SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 23. UK SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 24. GERMANY SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 25. FRANCE SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 26. SPAIN SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 27. REST OF EUROPE SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 28. CHINA SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 29. INDIA SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 30. JAPAN SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 31. AUSTRALIA AND NEW ZEALAND SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 32. REST OF ASIA-PACIFIC SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 33. LATIN AMERICA SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 34. MIDDLE EAST SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 35. AFRICA SMART OVENS MARKET VALUE, 2018-2026 ($ MILLION)
FIGURE 36. COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 37. PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 38. COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 39. TOP WINNING STRATEGIES, BY YEAR, 2015–2019
FIGURE 40. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015–2019*
FIGURE 41. TOP WINNING STRATEGIES, BY COMPANY, 2015–2019*
FIGURE 42. R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 43. LG ELECTRONICS.: NET SALES, 2016–2018 ($MILLION)
FIGURE 44. LG ELECTRONICS.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 45. LG ELECTRONICS.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 46. PANASONIC CORPORATION: KEY EXECUTIVES:
FIGURE 47. R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 48. PANASONIC CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 49. PANASONIC CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 50. PANASONIC CORPORATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 51. SAMSUNG ELECTRONICS CO. LTD.: KEY EXECUTIVES:
FIGURE 52. R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 53. SAMSUNG ELECTRONICS CO. LTD.: NET SALES, 2016–2018 ($MILLION)
FIGURE 54. SAMSUNG ELECTRONICS CO. LTD.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 55. SAMSUNG ELECTRONICS CO. LTD.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 56. HAIER: NET SALES, 2016–2018 ($MILLION)
FIGURE 57. HAIER: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 58. HITACHI, LTD: REVENUE, 2016–2018 ($MILLION)
FIGURE 59. HITACHI, LTD: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 60. HITACHI, LTD: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 61. WHIRLPOOL CORPORATION, LTD: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 62. WHIRLPOOL CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 63. WHIRLPOOL CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 64. SHARP CORPORATION: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 65. SHARP CORPORATION: NET SALES, 2016–2018 ($MILLION)
FIGURE 66. SHARP CORPORATION: REVENUE SHARE BY SEGMENTS, 2018 (%)
FIGURE 67. SHARP CORPORATION: REVENUE SHARE BY COUNTRY, 2018 (%)
FIGURE 68. AB ELECTROLUX: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 69. AB ELECTROLUX: NET SALES, 2016–2018 ($MILLION)
FIGURE 70. AB ELECTROLUX: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 71. AB ELECTROLUX: REVENUE SHARE BY REGION, 2018 (%)

 
 

This section provides the opinions of top-level CXOs in the smart oven industry. According to them, increasing inclination of consumers toward spending more on kitchen appliances has fueled the growth of smart ovens. Moreover, household consumers demand appliances, which are energy efficient, require minimal space for installation, and are easy to operate. In addition, improvements in living standards has encouraged consumers to buy technology-driven kitchen appliances. As a result, surge in demand for smart ovens have been witnessed in the last three years. As smart ovens have large number of features as compared to its counterparts, they are quite expensive. Removing the existing price difference of these ovens remains a major challenge for engaged stakeholders.

The global market for smart ovens is dominated by giants such as Whirlpool Corporation, LG Electronics, Samsung Electronics Co. Ltd., and AB Electrolux. Global presence and high research & development expenditure of these companies have resulted in diverse range of products and services offered by them across the world. However, big companies are now facing stiff competition from regional players.

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The total market valuation of smart ovens market was $169.8 million in the year 2018

A. The forecast period of the smart ovens market report is from 2019 to 2026

A. The market value of smart ovens market in 2019 is $193.2 million.

A. According to key industry leaders, improvements in living standards has encouraged consumers to buy technology-driven kitchen appliances. As a result, surge in demand for smart ovens have been witnessed in the last three years.

A. Yes, the smart ovens market provides value chain analysis.

A. Increasing demand for premium and technologically advanced kitchen appliances has been witnessed in recent years. As a result, engaged stakeholders in the industry are now launching voice controlled smart ovens to cater to the growing demand from tech-savvy consumers.

A. China and India are the emerging markets in the Asia-Pacific region and are poised to grow with CAGR of 16.4% and 18.8% respectively.

A. The Counter Top holds the maximum market share and will continue to retain its dominance in the forecast period.

 

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