The North America High Speed Oven Market would witness market growth of 7.8% CAGR during the forecast period (2021-2027).
High speed ovens have touchscreen feature in it. This touchscreen eliminates the need of buttons which make it easy to use. Adding on, touchscreen enables users to view the cooking process and also make the oven easy to clean. Many food service establishments have open kitchens to allow consumers seeing the cooking process, high speed ovens are the most appropriate choice in such conditions.
High speed ovens have touchscreen feature in it. This touchscreen eliminates the need of buttons which make it easy to use. Adding on, touchscreen enables users to view the cooking process and also make the oven easy to clean. Many food service establishments have open kitchens to allow consumers seeing the cooking process, high speed ovens are the most appropriate choice in such conditions.
There is an increase in the adoption of high speed ovens in many of the American cities. U.S. is more economically stable and has more purchasing power due to more disposable income of people which is the reason that U.S. is dominating the high speed oven market in North America and is expected to account more growth during the forecast period. Continued urbanization, developed food service industry and availability of a number of sellers are leading to the growth of regional food industry and thus, resulting in increased demand for high speed ovens in the region. In addition, since diet of majority of the people include some kind of baking items, high speed ovens would be used to make meals.
The US market dominated the North America High Speed Oven Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $954.7 million by 2027. The Canada market is poised to grow at a CAGR of 10.3% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 9.3% during (2021 - 2027).
Based on type, the market is segmented into built-in and counter-top. Based on Sales Channel, the market is segmented into Specialty stores, Hypermarket/Supermarket, and Online Stores. Based on End User, the market is segmented into Commercial and Residential. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global High Speed Oven Market is Estimated to Reach USD 4,300.5 million by 2027 at a CAGR of 8.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Whirlpool Corporation, Panasonic Corporation, Robert Bosch GmbH, Breville Group Limited, Cookkart, Electrolux AB, SMEG S.p.A., and Miele & Cie. KG.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Sales Channel
- Specialty Stores
- Hypermarket/Supermarket
- Online Stores
By End User
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Whirlpool Corporation
- Panasonic Corporation
- Robert Bosch GmbH
- Breville Group Limited
- Cookkart
- Electrolux AB
- SMEG S.p.A.
- Miele & Cie. KG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America High Speed Oven Market, by Type
1.4.2 North America High Speed Oven Market, by Sales Channel
1.4.3 North America High Speed Oven Market, by End User
1.4.4 North America High Speed Oven Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in High-Speed Oven Market
Chapter 4. North America High Speed Oven Market by Type
4.1 North America Built-in Market by Country
4.2 North America Counter-top Market by Country
Chapter 5. North America High Speed Oven Market by Sales Channel
5.1 North America Specialty Stores Market by Country
5.2 North America Hypermarket/ Supermarket Market by Country
5.3 North America Online Channels Market by Country
Chapter 6. North America High Speed Oven Market by End User
6.1 North America Commercial Market by Country
6.2 North America Residential Market by Country
Chapter 7. North America High Speed Oven Market by Country
7.1 US High Speed Oven Market
7.1.1 US High Speed Oven Market by Type
7.1.2 US High Speed Oven Market by Sales Channel
7.1.3 US High Speed Oven Market by End User
7.2 Canada High Speed Oven Market
7.2.1 Canada High Speed Oven Market by Type
7.2.2 Canada High Speed Oven Market by Sales Channel
7.2.3 Canada High Speed Oven Market by End User
7.3 Mexico High Speed Oven Market
7.3.1 Mexico High Speed Oven Market by Type
7.3.2 Mexico High Speed Oven Market by Sales Channel
7.3.3 Mexico High Speed Oven Market by End User
7.4 Rest of North America High Speed Oven Market
7.4.1 Rest of North America High Speed Oven Market by Type
7.4.2 Rest of North America High Speed Oven Market by Sales Channel
7.4.3 Rest of North America High Speed Oven Market by End User
Chapter 8. Company Profiles
8.1 Whirlpool Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Geographical Expansions:
8.2 Panasonic Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Robert Bosch GmbH
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 Breville Group Limited
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Product Launches and Product Expansions:
8.5 Cookkart
8.5.1 Company Overview
8.6 Electrolux AB
8.6.1 Company Overview
8.7 SMEG S.p.A.
8.7.1 Company overview
8.8 Miele & Cie. KG
8.8.1 Company Overview
TABLE 1 North America High Speed Oven Market, 2017 - 2020, USD Million
TABLE 2 North America High Speed Oven Market, 2021 - 2027, USD Million
TABLE 3 North America High Speed Oven Market by Type, 2017 - 2020, USD Million
TABLE 4 North America High Speed Oven Market by Type, 2021 - 2027, USD Million
TABLE 5 North America Built-in Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Built-in Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Counter-top Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Counter-top Market by Country, 2021 - 2027, USD Million
TABLE 9 North America High Speed Oven Market by Sales Channel, 2017 - 2020, USD Million
TABLE 10 North America High Speed Oven Market by Sales Channel, 2021 - 2027, USD Million
TABLE 11 North America Specialty Stores Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Specialty Stores Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Hypermarket/ Supermarket Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Hypermarket/ Supermarket Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Online Channels Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Online Channels Market by Country, 2021 - 2027, USD Million
TABLE 17 North America High Speed Oven Market by End User, 2017 - 2020, USD Million
TABLE 18 North America High Speed Oven Market by End User, 2021 - 2027, USD Million
TABLE 19 North America Commercial Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Commercial Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Residential Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Residential Market by Country, 2021 - 2027, USD Million
TABLE 23 North America High Speed Oven Market by Country, 2017 - 2020, USD Million
TABLE 24 North America High Speed Oven Market by Country, 2021 - 2027, USD Million
TABLE 25 US High Speed Oven Market, 2017 - 2020, USD Million
TABLE 26 US High Speed Oven Market, 2021 - 2027, USD Million
TABLE 27 US High Speed Oven Market by Type, 2017 - 2020, USD Million
TABLE 28 US High Speed Oven Market by Type, 2021 - 2027, USD Million
TABLE 29 US High Speed Oven Market by Sales Channel, 2017 - 2020, USD Million
TABLE 30 US High Speed Oven Market by Sales Channel, 2021 - 2027, USD Million
TABLE 31 US High Speed Oven Market by End User, 2017 - 2020, USD Million
TABLE 32 US High Speed Oven Market by End User, 2021 - 2027, USD Million
TABLE 33 Canada High Speed Oven Market, 2017 - 2020, USD Million
TABLE 34 Canada High Speed Oven Market, 2021 - 2027, USD Million
TABLE 35 Canada High Speed Oven Market by Type, 2017 - 2020, USD Million
TABLE 36 Canada High Speed Oven Market by Type, 2021 - 2027, USD Million
TABLE 37 Canada High Speed Oven Market by Sales Channel, 2017 - 2020, USD Million
TABLE 38 Canada High Speed Oven Market by Sales Channel, 2021 - 2027, USD Million
TABLE 39 Canada High Speed Oven Market by End User, 2017 - 2020, USD Million
TABLE 40 Canada High Speed Oven Market by End User, 2021 - 2027, USD Million
TABLE 41 Mexico High Speed Oven Market, 2017 - 2020, USD Million
TABLE 42 Mexico High Speed Oven Market, 2021 - 2027, USD Million
TABLE 43 Mexico High Speed Oven Market by Type, 2017 - 2020, USD Million
TABLE 44 Mexico High Speed Oven Market by Type, 2021 - 2027, USD Million
TABLE 45 Mexico High Speed Oven Market by Sales Channel, 2017 - 2020, USD Million
TABLE 46 Mexico High Speed Oven Market by Sales Channel, 2021 - 2027, USD Million
TABLE 47 Mexico High Speed Oven Market by End User, 2017 - 2020, USD Million
TABLE 48 Mexico High Speed Oven Market by End User, 2021 - 2027, USD Million
TABLE 49 Rest of North America High Speed Oven Market, 2017 - 2020, USD Million
TABLE 50 Rest of North America High Speed Oven Market, 2021 - 2027, USD Million
TABLE 51 Rest of North America High Speed Oven Market by Type, 2017 - 2020, USD Million
TABLE 52 Rest of North America High Speed Oven Market by Type, 2021 - 2027, USD Million
TABLE 53 Rest of North America High Speed Oven Market by Sales Channel, 2017 - 2020, USD Million
TABLE 54 Rest of North America High Speed Oven Market by Sales Channel, 2021 - 2027, USD Million
TABLE 55 Rest of North America High Speed Oven Market by End User, 2017 - 2020, USD Million
TABLE 56 Rest of North America High Speed Oven Market by End User, 2021 - 2027, USD Million
TABLE 57 Key information – Whirlpool Corporation
TABLE 58 Key Information – Panasonic Corporation
TABLE 59 key information – Robert Bosch GmbH
TABLE 60 Key Information – Breville Group Limited
TABLE 61 Key Information – cookart
TABLE 62 Key Information – Electrolux AB
TABLE 63 Key Information – SMEG S.p.A.
TABLE 64 Key Information – Miele & Cie. KG
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Panasonic Corporation
FIG 3 Swot analysis: Robert bosch gmbh