Press release
Global Smart Ovens Market Will Hit At CAGR Of 18.55% During Years 2017-2021
A smart oven is a device that is connected via Wi-Fi, NFC, or Bluetooth technologies to other smart kitchen appliances such as smart refrigerators and chimneys. The user can easily access the smart oven with the help of applications developed by vendors and control it from a remote location. Smart ovens are categorized into smart microwave ovens and smart wall ovens. Vendors are improving their product offerings by expanding their distribution channel and increasing the R&D investments.
Technavios analysts forecast the global smart ovens market to grow at a CAGR of 18.55% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global smart ovens market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Smart Ovens Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Electrolux
GE Appliances
LG Electronics
Robert Bosch
Other prominent vendors
Breville
June Life
Panasonic
Sharp
Tovala
Whirlpool
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Market driver
Changing lifestyles in developed and developing economies
For a full, detailed list, view our report
Market challenge
High initial and maintenance costs
For a full, detailed list, view our report
Market trend
High demand for energy-efficient microwave ovens
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
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PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product type
Global smart ovens market by product type
PART 07: Geographical segmentation
Global smart ovens market by geography
Americas
EMEA
APAC
PART 08: Market segmentation by distribution channel
Global smart ovens market by distribution channel
Offline distribution channel
Online distribution channel
PART 09: Key leading countries
US
UK
Germany
PART 10: Decision framework
PART 11: Drivers and challenges
Market drivers
Market challenges
PART 12: Market trends
High demand for energy-efficient microwave ovens
Innovation and advanced technologies in smart features
Image recognition to cook perfect meals
PART 13: Vendor landscape
Competitive scenario
Key competitive strategies
Other prominent vendors
PART 14: Key vendor analysis
Electrolux
GE Appliances
LG
Robert Bosch
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