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With increasing consumer preference for technologically advanced products are expected to drive innovation in smart microwave ovens manufacturing, thus driving the market during the forecast period.

The global smart microwave ovens market is expected to grow from $3.33 billion in 2022 to $3.56 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The global smart microwave ovens market is expected to grow to $4.65 billion in 2027 at a CAGR of 6.9%.

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Global Smart Microwave Ovens Market Segments Include

• By Product Type: Grill Microwave Oven, Convection Microwave Oven, Microwave/Light-wave Oven, Other Product Types
• By Technology: Bluetooth, Wi-Fi, NFC
• By Distribution Channel: Hypermarket and Supermarket, Speciality Store, Online Store, Other Distribution Channels
• 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 is the largest region in the global smart microwave ovens market in 2021.

Major Market Players in the smart microwave ovens market include Electrolux AB, Whirlpool Corporation, LG Electronics, Breville USA Inc., Panasonic, GE (Haier), Sharp, SAMSUNG, Robert Bosch.

Scan-to-cook feature is a technology that makes the preparation and cooking of pre-packaged and frozen foods easier with a scan of the barcode over the package by the smartphone 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 the perfection of the meals being prepared. In in 2021, LG announced the launch of Double Oven Gas Slide-in Range and Over-the-Range Microwave Oven with the scan-to-cook feature. The brand has partnered with Boston-based AI start-up Food space Technology to develop the scan-to-cook feature. With a busy lifestyle globally, many families prefer frozen foods for meals and with the advantage of the Scan-to-cook feature the user need not depend on frozen food preparation instructions which takes the guesswork out of cooking and results in perfection which is expected to boost the demand of smart microwave oven market.

The Smart Microwave Ovens Global Market Report 2023  provides a smart microwave ovens market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The smart microwave ovens market forecast analyzes smart microwave ovens market size, smart microwave ovens market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A smart microwave oven is an appliance that is connected to the internet and smartphone, or other smart devices through the cloud or app. The connectivity gives more control over the oven, and the user can decide its activity through the commands on the app or through other means like voice.

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