North America Smart Ovens Market By Type (Counter-top and Built-in) By End User (Residential and Commercial) By Distribution Channel (Offline and Online) By Country, Industry Analysis and Forecast, 2020 - 2026
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The North America Smart Ovens Market would witness market growth of 17.7% CAGR during the forecast period (2020-2026). The smart oven has experienced strong customer response primarily due to its high degree of accessibility and technological properties. It can be conveniently linked via NFC, Wi-Fi or Bluetooth technologies to a range of other smart kitchen appliances, including smart chimneys, refrigerators, and so on. The smart oven can be connected to a number of other kitchen appliances and other room devices, such as media players, room lights, sensors and so on.
In addition, smart ovens help users increase cooking with a variety of built-in tutorials tailored for famous recipes and cooking guidelines. In addition, smart oven manufacturers have launched ovens with temperature probes that can be turned off in the event that the food reaches the right temperature.
Increased demand for trendy kitchen appliances across the globe directly benefits the smart oven industry. Wide adoption of built-in smart ovens in both residential and commercial applications is projected to boost demand for smart ovens during the forecast period. The demand for Wi-Fi connectivity in smart ovens has risen in recent years due to IoT growth and expanded use of Wi-Fi/Bluetooth networking in home appliances and to satisfy the needs of the rising population. This is supposed to balance the demand for smart ovens in the forecast period.
Based on Type, the market is segmented into Counter-top and Built-in. Based on End User, the market is segmented into Residential and Commercial. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LG Corporation (LG Electronics), Whirlpool Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Panasonic Corporation, Sharp Corporation, Hitachi, Ltd., Robert Bosch GmbH, Techtronic Industries Co., Ltd., Tovala, June Life, Inc.
Scope of the North America Smart Ovens Market Analysis
- Counter-top and
By End User
- Residential and
By Distribution Channel
- Rest of North America
- LG Corporation (LG Electronics)
- Whirlpool Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Panasonic Corporation
- Sharp Corporation
- Hitachi, Ltd.
- Robert Bosch GmbH
- Techtronic Industries Co., Ltd.
- June Life, Inc.
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