(I-BusinessNews.Com, April 16, 2018 ) A smart oven is a device that is connected via Wi-Fi, NFC, or Bluetooth technologies to other smart kitchen appliances such as smart refrigerators and chimneys. The user can easily access the smart oven with the help of applications developed by vendors and control it from a remote location. Smart ovens are categorized into smart microwave ovens and smart wall ovens. Vendors are improving their product offerings by expanding their distribution channel and increasing the R&D investments.
Publisher's analysts forecast the global smart ovens market to grow at a CAGR of 18.55% during the period 2017-2021.
the ease and convenience of using smart ovens will be one of the major factors that will have a positive impact on the growth of the market. Customers are increasingly looking for quicker cooking options that provide better convenience. Smart ovens offer control through a mobile application that guides, controls, and provide recipe details to the user. The application also sends real-time status updates to users and these smart ovens are connected to the smartphones through Wi-Fi or Bluetooth. The rising need for remote access is one the key factors that is driving the demand for smart ovens among consumers.
Market driver -Changing lifestyles in developed and developing economies
Market challenge -High initial and maintenance costs
Market trend -High demand for energy-efficient microwave ovens
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
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