High Speed Oven Market Size 2023, Share, Growth Factors, Upcoming Trends, Competitive Strartegies And Forecast By 2032 - General Electric Company, Sharp Corporation, Electrolux AB, Siemens AG, Bosch

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.

As per the high speed oven market report by The Business Research Company, the increased exposure of hotels, restaurants, and cafes has been a major driving factor for the high-speed oven market. Hotel F&B venues and their designers are being compelled to adapt and engage customers with concepts that highlight both convenience and experience as food delivery consumption habits develop and buying a restaurant-quality meal for delivery becomes easier than ever. According to HGEM, two-thirds of hotel guests have used delivery apps such as Deliveroo, JustEat, GrubHub, and others to get food directly to their room, with 71% of guests aged 26-35 preferring delivery apps to in-house restaurants. In the future years, the trend of ordering into hotels is expected to increase by 83%. Hence, the greatest challenge of any food aggregator in the F&B industry, in order to derive the best possible operational efficiency would be to reduce delivery and service time through technologically advanced equipment such as high-speed ovens.

The global high speed oven market size grew from $3.61 billion in 2022 to $3.94 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The high speed oven market size is expected to grow to $5.42 billion in 2027 at a CAGR of 8.3%.

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https://www.thebusinessresearchcompany.com/report/high-speed-oven-global-market-report

Major competitors in the high speed oven market include General Electric Company, Sharp Corporation, Electrolux AB, Siemens AG, Bosch, Whirlpool Corporation, Merrychef, Miele, ACP Solutions, Alto-Shaam, TurboChef Technologies, Viking Range, SMEG S.p.A., The Middleby Corp, and Cookkart.

The high speed oven market is segmented -

• By Type: Built In, Countertop

• By Wattage: 1000 - 1250 Watts, 1250 - 1500 Watts, 1500 - 1750 Watts, 1750 - 2000 Watts, 2000 - 2250 Watts, 2250 - 4500 Watts, 4500 - 6000 Watts, Above 6000 Watts

• By Sales Channel: Hypermarket/Supermarket, Specialty Stores, Online Channels

• By End User: Residential, Commercial

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the high speed oven market.

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The high-speed oven market consists of sales of microwave-based, microwave energy with high-speed impinged air-based, and combines high-speed hot air and infrared heat-based high-speed ovens. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The Table Of Content For The High Speed Oven Market Include:
1. Executive Summary
2. High Speed Oven Market Characteristics
3. High Speed Oven Market Trends And Strategies
4. High Speed Oven Market - Macro Economic Scenario
5. High Speed Oven Market Size And Growth
6. High Speed Oven Market Segmentation
............
27. High Speed Oven Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The High Speed Oven Market
29. High Speed Oven Market Future Outlook And Potential Analysis
30. Appendix

The "Global High Speed Oven Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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