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Smart Oven Market Trends

  • Report ID: GMI5894
  • Published Date: Apr 2024
  • Report Format: PDF

Smart Oven Market Trends

Manufacturers continuously innovate and spend time into research and development to introduce new features such as multiple function settings, temperature control, remote or device control and smart ovens with additional cooking capabilities. Smart oven offers diversification in product offerings caters to a wide range of consumer preferences and needs, thereby expanding the small kitchen appliances market.
 

Continuous technological advancements in smart ovens, including temperature control, energy efficiency, distant operation, hand free control, and smart features like Wi-Fi, Bluetooth, NFC connectivity and mobile app control, sensor technology attract tech-savvy consumers. These technological advancements drive the demand for smart ovens as well as contribute to the overall growth of the small kitchen appliances market. Consumers are increasingly seeking customizable options in kitchen appliances to make their cooking experience better and quicker.
 

Furthermore, there's a growing trend of health and wellness that has increased the demand for appliances that support healthier cooking methods. As consumers prioritize healthier eating habits, they may also invest in other small kitchen appliances like air fryers, juicers, and blenders to support their dietary goals, thereby driving overall market growth.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of smart oven reached USD 288 million in 2023 and will grow at 11% CAGR during 2024-2032, led by the increasing preference for convenience.

Multi-function smart oven segment size was USD 226 million in 2023 and is expected to exceed USD 656 million by 2032, owing to their ease of usage.

North America smart oven industry generated USD 96 million in revenue in 2023, driven by fast-paced lifestyles in the region.

BELLA, Black & Decker, Breville, Cuisinart, DeLonghi S.p.A., Dualit, Hamilton Beach, and Kenmore among others.

Smart Oven Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 212
  • Countries covered: 23
  • Pages: 224
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