global smart microwave ovens market
Electrical And Electronics Manufacturing

Global Smart Microwave Ovens Market Outlook, Opportunities And Strategies

Learn about the global smart microwave ovens market through The Business Research Company, which provides information on smart microwave ovens market size, smart microwave ovens market drivers and restraints, smart microwave ovens market players, the COVID-19 impact on the smart microwave ovens market, and more.

 

The global smart microwave ovens market size is expected grow from $3.11 billion in 2021 to $3.33 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The smart microwave oven market is expected to reach $4.3 billion in 2026 at a CAGR of 6.9%.

With increasing consumer preference for technologically advanced products there is a rise in penetration of smart home appliances like smart microwave ovens.

 

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The smart microwave ovens market consists of sales of smart microwave oven and related products which include Grill Microwave Oven, Convection Microwave Oven, Microwave/Light-wave Oven and more. Smart microwave ovens are programmed to connect to smart appliances such as phone apps, phone, smart dishwashers, smart speakers and more by which instructions to oven can be given through smart phones and without the need for manual instructions. The companies engaged in manufacturing of smart microwave ovens design, manufacture and market smart microwave oven with Bluetooth, Wi-Fi-enabled, near-field communication and more technologies which enables the consumer to operate the smart device from anywhere for household and business users.

 

Global Smart Microwave Ovens Market Segments Include:
By Product Type:
Grill Microwave Oven, Convection Microwave Oven, Microwave/Light-Wave Oven, Others

By Technology: Bluetooth, Wi-Fi, NFC

By Distribution Channel: Hypermarket and Supermarket, Speciality Store, Online Store, Others

By End-User: Commercial, Personal

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the smart microwave ovens market in 2021.

 

Scan-to-cook feature is a technology which makes the preparation and cooking of pre-packaged and frozen foods easier with a scan of the barcode over the package by the smart phone with the use of an associated app. The customized and recommended instructions are sent to the microwave oven with a barcode scan which results in perfection of the meals being prepared.

 

TBRC’s smart microwave ovens market report covers:

Major Market Players: Electrolux AB, Whirlpool Corporation, LG Electronics, Breville USA Inc., Panasonic, GE(Haier), Sharp, SAMSUNG, Robert Bosch, BSH Home Appliances Corporation, Dacor Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Smart Microwave Ovens Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides smart microwave ovens market overviews, analyzes and forecasts market size, share, smart microwave ovens market players, smart microwave ovens market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s smart microwave ovens market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is A List Of Similar Reports From The Business Research Company:

Household Appliances Global Market Report 2022

Electric Stoves Global Market Report 2022

Microwave Ovens Global Market Report 2022

 

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