Global Smart Oven Market, By Type (Single Function and Multiple Function), By Structure Type (Built-in and Counter Top), By Connectivity (Bluetooth, Wi-Fi, NFC and Others), By Capacity (20-25 Litres, 26-30 Litres and Above 30 Litres), By Application (Residential and Commercial), By Distribution Channel (Online and Offline), By Company & By Geography, Forecast & Opportunities, 2014-2024
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGlobal Smart Oven Market, By Type (Single Function and Multiple Function), By Structure Type (Built-in and Counter Top), By Connectivity (Bluetooth, Wi-Fi, NFC and Others), By Capacity (20-25 Litres, 26-30 Litres and Above 30 Litres), By Application (Residential and Commercial), By Distribution Channel (Online and Offline), By Company & By Geography, Forecast & Opportunities, 2014-2024
The global Smart Oven Market size is predicted to grow at a CAGR of over 18% during the forecast period. The growth of the market for smart oven is majorly due to the application of Internet of Things (IoT) through various home automation systems and home appliances. Moreover, developments in Wi-Fi connectivity attributes as well as in the LED and LCD display systems have boosted the global smart oven market growth. In terms of type, the global market for smart oven is categorized into Single Function and Multiple Function. The market for multiple function type is predicted to be the fastest growing during the forecast period. In terms of structure type, the market for smart oven is categorized into Built-in and Counter Top. During the forecast period, the built-in structure type smart ovens are predicted to hold the largest share in the global smart oven industry. In terms of connectivity, the smart oven market is categorized into Bluetooth, Wi-Fi, NFC and others. The market for Wi-Fi connectivity smart ovens is projected to grow at the fastest rate during the forecast period. Taking into an account of geographical landscape, the European smart oven industry is predicted to grow at the fastest rate during the forecast period. The market for smart oven in the European region is growing due to the preference of the consumers towards the concept of smart homes. Some of the leading players in the global smart oven market are LG Electronics Inc.,
Years considered for this report
Historical Year 2014 - 2017
Base Year 2018
Estimated 2019
Forecast 2020 - 2024
Objective of the Study
- To analyse and forecast the market size of Global Smart Oven Market, in terms of value & volume.
- To classify and forecast Global Smart Oven Market based on connectivity, product, end-user and regional distribution.
- To identify drivers and challenges for Global Smart Oven Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in Global Smart Oven Market.
- To conduct the pricing analysis for Global Smart Oven Market.
- To identify and analyse the profile of leading players involved in the Global Smart Oven Market.
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Some of the leading players in the Global
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufacturers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.
Market Insights Research calculated the market size of Global
- Smart Oven Manufacturers
- Smart Oven Suppliers and Distributors
- Smart Oven End-Users
- Research organizations and consulting companies
- Research Institutes
- Industry associations
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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