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Sep 13, 2019 4:36 PM ET

Global Smart Oven Market to reach USD 585.4 million by 2025.

iCrowd Newswire - Sep 13, 2019

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.

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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.

Major market player included in this report are:

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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.

The objective of the study is to define market sizes of different segments & 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 & 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.

By Type:

By Structure-Type:

By Connectivity:

By Capacity (Litres):

By Application:

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Key Points Table of Content

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

Chapter 13. Research Process

Contact Information:

Ruwin Mendez
Vice President – Global Sales & Partner Relations
Orian Research Consultants
US: +1 (415) 830-3727 | UK: +44 020 8144-71-27
Email: [email protected]

Keywords:    Smart Oven

Tags:    Extended Distribution, Research Newswire, English