Global Smart Oven Market Forecast and Size Analysis 2019-2025

Smart Oven Industry Forecast and Size Analysis 2019-2025

Global Smart Oven Industry was valued at USD 96.1 Million in the year 2017. Global Smart Oven Industry is further estimated to grow at a CAGR of 20% from 2019 to reach USD 408.60 Million by the year 2025. The North America region holds the highest Industry share in 2017 and the Asia Pacific is considered as the fastest growing Industry in the forecasted period. At country level, China and India are projected to grow strongly in the coming years in view of increasing urban population.

Major market players in Smart Oven Industry are Electrolux, GE Appliances, Breville Group Ltd, SAMSUNG, Candy Hooper Group Srl, BSH Home Appliances, Dacor Inc., Haier Inc., LG Electronics., Tovala, and brief overview of 10 companies is also provided in the report. Rising research and development expenses catering to changing demand of end users. Similarly, growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

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SWOT analysis of Smart Oven Industry Strength: Changing lifestyle and improved living standards Efficiency of smart ovens – timely alerts etc.

Weakness: Expensive and not so cost friendly Opportunities: Demand for Wi-Fi connectivity Increasing preference for trendy appliances Threats: Intense competition among the producers.

The Global Smart Oven Industry is segmented as By Type, Structure, Distribution Channel, Capacity and Region. The Type segment is divided into a single function and multiple functions in which the multiple function smart ovens, contributes to the highest Industry share due to a variety of features offered by it.

By Structure, it is divided as built-in smart ovens and countertop in which, built – in the smart ovens segment have the highest share in the Industry and is expected to grow at a moderate CAGR of XX%.

Smart Oven Industry Segmentation:

By Distribution Channel • E-commerce websites • Electrical appliances stores.

• By Capacity • 20-25 • 26-30 • Above 30

By Type • Single function • Multiple functions • By Structure • Built-in smart ovens

• Counter Top

By Region North America • USA • Canada Europe

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• Germany • U.K. • France • Italy • Rest of Europe APAC • China • India • Japan • Rest of Asia-Pacific RoW • Latin America • Middle East & Africa

Table of Content

1. Introduction 1.1 Industry Vision 1.2 Limitations 1.3 Stakeholders 2. Research Methodology 2.1. Research Process 2.1.1. Secondary Research 2.1.1.1. Key Data from Secondary Research 2.1.2. Primary Research 2.1.2.1. Key Data from Primary Research 2.1.2.2. Breakdowns of Primary Interviews 2.2. Industry Size Estimation 2.2.1. Bottoms-Up Approach 2.2.2. Top-Down Approach 2.2.3. Annual Revenue Process 2.3. Data Triangulation 2.4. Research Assumptions 2.4.1. Assumption 3. Executive Summary 4. Industry Overview 4.1. Introduction 4.2. Strength 4.3. Weakness 4.4. Opportunities 4.5. Threats

4.6. Regulations 4.7. Supply Chain/Value Chain Analysis 4.8. Patent & Standards

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5. Industry Trends 5.1. Introduction 5.2. Porter’s Five Forces Analysis 5.2.1. Threat of New Entrants 5.2.2. Threat of Substitutes 5.2.3. Bargaining Power of Buyers 5.2.4. Bargaining Power of Suppliers 5.2.5. Intensity of Competitive Rivalry 6. Smart Oven Industry, By Type 6.1 Single function 6.2 Multiple function 7. Smart Oven Industry, By Structure 7.1 Built-in smart ovens 7.2 Counter top 8. Smart Oven Industry, By Distribution Channel 8.1 E- commerce websites 8.2 Electric appliances stores 9 Geographical Analysis

9.1. Introduction 9.2. North America 9.2.1. U.S. 9.2.2. Canada 9.2.3. Mexico 9.3. Europe 9.3.1. Germany 9.3.2. France 9.3.3. U.K. 9.3.4. RoE 9.4. Asia Pacific 9.4.1. China 9.4.2. Japan 9.4.3. India 9.4.4. RoAPAC 9.5. RoW 9.5.1. Latin America 9.5.1.1. Brazil 9.5.1.2. Argentina 9.5.1.3. Rest of Latin America 9.5.2. Middle East and Africa 10. Company Profiles 10.1 Electrolux 10.1.1 Company Overview 10.1.2 Financial Overview

10.1.3 Product Overview 10.1.4 Current Development 10.2 GE Appliances 10.3 Breville Group Limited 10.4 SAMSUNG 10.5 Candy Hooper Group Srl 10.6 BSH Home Appliances 10.7 Dacor, Inc. 10.8 Haier, Inc. 10.9 LG Electronics.

10.10 Tovala

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11. Competitive Analysis 11.1. Introduction 11.2. Industry Positioning of Key Players 11.3 Competitive Strategies Adopted by Leading Players 11.3.1. Investments & Expansions 11.3.2. New Product Launches 11.3.3. Mergers & Acquisitions 11.3.4. Agreements, Joint Ventures, and Partnerships 12. Appendix 12.1. Questionnaire

12.2. Available Customizations 12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)

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