Smart Oven Market to reach USD 585.4 million by 2025-The News PEDI
Global Smart Oven Market is valued approximately at USD 158.7 million in 2017 and is anticipated to grow with a healthy growth rate of more than 20.5 % over the forecast period 2018-2025. The Smart Oven Market is continuously growing across the world over the coming years. Emergence of smart home concept is augmenting growth to the market. The recent advancements in sensor technology enables the consumers to enable smart systems with required safety features. The prime feature of smart oven is that it can be controlled by Bluetooth and Wi-Fi. With the increase in technological advancements and IoT, smart oven market is expected to witness high CAGR during the forecast period. Ease in handling and usage adds up to the consumer preference to the smart oven driving the market majorly during the forecast period. However, the high costs of these ovens restrict a particular section of society for its adoption and decreases the sales of adoption thus restricting the market growth during the forecast period.
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The regional analysis of Global Smart Oven Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rapid adoption of smart automation devices. Europe also contributes a satisfactory growth in the global Smart Oven market due to growth observed in technological reforms. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to increasing preference to trendy kitchen appliances consumption in developing countries such as India China and Japan.
Major market player included in this report are:
- Candy Hoover Group S.r.l.
- Dacor, Inc.
- Haier Inc.
- GE Appliances
- LG Electronics
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No of Pages: 121
The objective of the study is to define market sizes of different segments and countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors and challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Key Benefits of the Report:
* Global, and regional, product type and application market size and their forecast from 2020-2026
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing the growth of the market
* Detailed analysis on industry outlook with market specific PEST analysis, and Supply Chain to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on key player’s strategic initiatives and competitive developments, such as agreements and joint ventures, mergers and acquisitions, expansion, and new product launches in the market
* Expert interviews and their insights on market trends, market shift, current and future outlook, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, product type and application with qualitative and quantitative information and facts
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The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Global Smart Oven Market have also been included in the study.
Table of Contents
Chapter 1. Executive Summary
Chapter 2. Smart Oven Market Definition and Scope
Chapter 3. Smart Oven Market Dynamics
Chapter 4. Smart Oven Market Industry Analysis
Chapter 5. Smart Oven Market, by Type
Chapter 6. Smart Oven Market, by Structure-Type
Chapter 7. Smart Oven Market, by Connectivity
Chapter 8. Smart Oven Market, by Capacity (Litres)
Chapter 9. Smart Oven Market, by Application
Chapter 10. Smart Oven Market, by Distribution Channel
Chapter 11. Smart Oven Market, by Regional Analysis
Chapter 12. Competitive Intelligence
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