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Smart Oven Market Report by Type (Single Function, Multiple Function), Distribution Channel (Online, Offline), Capacity (20-25 Litres, 26-30 Litres, Above 30 Litres), Structure (Built-in, Countertop), Connectivity (Bluetooth, Wi-Fi, NFC, and Others), Application (Residential, Commercial), and Region 2024-2032
Market Report I 2024-04-08 I 136 Pages I IMARC Group
The global smart oven market size reached US$ 254.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,119.4 Million by 2032, exhibiting a growth rate (CAGR) of 17.4% during 2024-2032.
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 at the global, regional and country level from 2024-2032. Our report has categorized the market based on 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
1. What was the size of the global smart oven market in 2023?
2. What is the expected growth rate of the global smart oven market during 2024-2032?
3. What are the key factors driving the global smart oven market?
4. What has been the impact of COVID-19 on the global smart oven market?
5. What is the breakup of the global smart oven market based on the type?
6. What is the breakup of the global smart oven market based on the distribution channel?
7. What is the breakup of the global smart oven market based on the capacity?
8. What is the breakup of the global smart oven market based on the structure?
9. What is the breakup of the global smart oven market based on the connectivity?
10. What is the breakup of the global smart oven market based on the application?
11. What are the key regions in the global smart oven market?
12. Who are the key players/companies in the global smart oven market?
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
Figure 1: Global: Smart Oven Market: Major Drivers and Challenges
Figure 2: Global: Smart Oven Market: Sales Value (in Million US$), 2018-2023
Figure 3: Global: Smart Oven Market: Breakup by Type (in %), 2023
Figure 4: Global: Smart Oven Market: Breakup by Distribution Channel (in %), 2023
Figure 5: Global: Smart Oven Market: Breakup by Capacity (in %), 2023
Figure 6: Global: Smart Oven Market: Breakup by Structure (in %), 2023
Figure 7: Global: Smart Oven Market: Breakup by Connectivity (in %), 2023
Figure 8: Global: Smart Oven Market: Breakup by Application (in %), 2023
Figure 9: Global: Smart Oven Market: Breakup by Region (in %), 2023
Figure 10: Global: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Smart Oven (Single Function) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Smart Oven (Single Function) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Smart Oven (Multiple Function) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Smart Oven (Multiple Function) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Smart Oven (Online) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Smart Oven (Online) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Smart Oven (Offline) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Smart Oven (Offline) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Smart Oven (20-25 Litres) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Smart Oven (20-25 Litres) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Smart Oven (26-30 Litres) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Smart Oven (26-30 Litres) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Smart Oven (Above 30 Litres) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Smart Oven (Above 30 Litres) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Smart Oven (Built-in) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Smart Oven (Built-in) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Smart Oven (Countertop) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Smart Oven (Countertop) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Smart Oven (Bluetooth) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Smart Oven (Bluetooth) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Smart Oven (Wi-Fi) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Smart Oven (Wi-Fi) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Smart Oven (NFC) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Smart Oven (NFC) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Smart Oven (Other Connectivity Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Smart Oven (Other Connectivity Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Smart Oven (Residential) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Smart Oven (Residential) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Global: Smart Oven (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Global: Smart Oven (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: North America: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: North America: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: United States: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: United States: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Canada: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Canada: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Asia Pacific: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Asia Pacific: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: China: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: China: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Japan: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Japan: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: India: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: India: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: South Korea: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: South Korea: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Australia: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Australia: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Indonesia: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Indonesia: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Others: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Others: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Europe: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Europe: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Germany: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Germany: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: France: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: France: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: United Kingdom: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: United Kingdom: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Italy: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Italy: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Spain: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Spain: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Russia: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Russia: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Others: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Others: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Latin America: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Latin America: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Brazil: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Brazil: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Mexico: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Mexico: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Others: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Others: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Middle East and Africa: Smart Oven Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Middle East and Africa: Smart Oven Market Forecast: Sales Value (in Million US$), 2024-2032
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
Table 1: Global: Smart Oven Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Smart Oven Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Smart Oven Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 4: Global: Smart Oven Market Forecast: Breakup by Capacity (in Million US$), 2024-2032
Table 5: Global: Smart Oven Market Forecast: Breakup by Structure (in Million US$), 2024-2032
Table 6: Global: Smart Oven Market Forecast: Breakup by Connectivity (in Million US$), 2024-2032
Table 7: Global: Smart Oven Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 8: Global: Smart Oven Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 9: Global: Smart Oven Market Structure
Table 10: Global: Smart Oven Market: Key Players
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