The North America Smart Ovens Market would witness market growth of 13.7% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 1,282.1 hundred units, showcasing a growth of 14.5% (2020-2023).
In the expanding realm of the smart ovens market, built-in ovens emerge as a prominent category tailored to seamlessly integrate into modern kitchen designs. These ovens are designed to be installed directly into cabinetry or wall units, offering a sleek and cohesive appearance that complements contemporary kitchen aesthetics. Built-in ovens feature advanced smart technologies such as touchscreens, voice control, and connectivity with smart home ecosystems, empowering users with intuitive and convenient cooking experiences. Thus, the Canada market is expected to utilize 47.8 hundred units of Built-in Smart Ovens by the year 2031.
The US market dominated the North America Smart Ovens Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $287.5 million by 2031. The Canada market is experiencing a CAGR of 16.5% during (2024 - 2031). Additionally, The Mexico market would witness a CAGR of 15.3% during (2024 - 2031).
Smart ovens are next-generation kitchen appliances with functionality for receiving, processing, and sharing information via smartphones. Electrical microwave systems with Bluetooth or Wi-Fi are called smart ovens. A smartphone or companion app is connected to a smart oven. Smart ovens come with advanced cooking features such as pre-programmed cooking modes for various dishes like pizza, roast, bake, broil, etc. They also offer customizable cooking presets for frequently cooked dishes, temperature probes to monitor the internal temperature of food, and cooking notifications that alert users when their food is ready or when the oven needs attention. These features make cooking easier, more convenient, and more precise, ensuring better cooking results.
Energy-saving functions such as automatic shut-off to prevent overcooking and energy utilization monitoring to assist users in tracking their energy consumption and optimizing their cooking practices are common on smart ovens. These features help users save energy, reduce their utility bills, and contribute to a more sustainable lifestyle. Many smart ovens offer built-in recipe libraries and guided cooking features that provide step-by-step instructions for preparing various dishes. Users can select a recipe from the oven's interface, and the oven will automatically set the cooking time and temperature, guiding the user through each step of the cooking process.
The growing popularity of e-commerce platforms has significantly expanded the reach of smart oven manufacturers in North America. Consumers in North America have easy access to a wide range of smart oven models through online retailers such as Amazon, Walmart, Best Buy, and others. E-commerce platforms often offer discounts, deals, and promotional offers on smart ovens, making them more affordable for consumers in North America.
The growing popularity of e-commerce platforms has significantly expanded the reach of smart oven manufacturers in North America. Consumers in North America have easy access to a wide range of smart oven models through online retailers such as Amazon, Walmart, Best Buy, and others. E-commerce platforms often offer discounts, deals, and promotional offers on smart ovens, making them more affordable for consumers in North America.
Based on Type, the market is segmented into Counter-top, and Built-in. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on End User, the market is segmented into Residential, and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
In the expanding realm of the smart ovens market, built-in ovens emerge as a prominent category tailored to seamlessly integrate into modern kitchen designs. These ovens are designed to be installed directly into cabinetry or wall units, offering a sleek and cohesive appearance that complements contemporary kitchen aesthetics. Built-in ovens feature advanced smart technologies such as touchscreens, voice control, and connectivity with smart home ecosystems, empowering users with intuitive and convenient cooking experiences. Thus, the Canada market is expected to utilize 47.8 hundred units of Built-in Smart Ovens by the year 2031.
The US market dominated the North America Smart Ovens Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $287.5 million by 2031. The Canada market is experiencing a CAGR of 16.5% during (2024 - 2031). Additionally, The Mexico market would witness a CAGR of 15.3% during (2024 - 2031).
Smart ovens are next-generation kitchen appliances with functionality for receiving, processing, and sharing information via smartphones. Electrical microwave systems with Bluetooth or Wi-Fi are called smart ovens. A smartphone or companion app is connected to a smart oven. Smart ovens come with advanced cooking features such as pre-programmed cooking modes for various dishes like pizza, roast, bake, broil, etc. They also offer customizable cooking presets for frequently cooked dishes, temperature probes to monitor the internal temperature of food, and cooking notifications that alert users when their food is ready or when the oven needs attention. These features make cooking easier, more convenient, and more precise, ensuring better cooking results.
Energy-saving functions such as automatic shut-off to prevent overcooking and energy utilization monitoring to assist users in tracking their energy consumption and optimizing their cooking practices are common on smart ovens. These features help users save energy, reduce their utility bills, and contribute to a more sustainable lifestyle. Many smart ovens offer built-in recipe libraries and guided cooking features that provide step-by-step instructions for preparing various dishes. Users can select a recipe from the oven's interface, and the oven will automatically set the cooking time and temperature, guiding the user through each step of the cooking process.
The growing popularity of e-commerce platforms has significantly expanded the reach of smart oven manufacturers in North America. Consumers in North America have easy access to a wide range of smart oven models through online retailers such as Amazon, Walmart, Best Buy, and others. E-commerce platforms often offer discounts, deals, and promotional offers on smart ovens, making them more affordable for consumers in North America.
The growing popularity of e-commerce platforms has significantly expanded the reach of smart oven manufacturers in North America. Consumers in North America have easy access to a wide range of smart oven models through online retailers such as Amazon, Walmart, Best Buy, and others. E-commerce platforms often offer discounts, deals, and promotional offers on smart ovens, making them more affordable for consumers in North America.
Based on Type, the market is segmented into Counter-top, and Built-in. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on End User, the market is segmented into Residential, and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- LG Electronics, Inc. (LG Corporation)
- Whirlpool Corporation
- Sharp Corporation
- Hitachi, Ltd.
- Robert Bosch GmbH
- Panasonic Corporation
- Samsung Electronics Co., Ltd.
- Techtronic Industries Co., Ltd.
- Tovala
- June Life, Inc.
Market Report Segmentation
By Type (Volume, Hundred Units, USD Billion, 2020-2031)- Counter-top
- Built-in
- Offline
- Online
- Residential
- Commercial
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. North America Smart Ovens Market by Type
Chapter 6. North America Smart Ovens Market by Distribution Channel
Chapter 7. North America Smart Ovens Market by End User
Chapter 8. North America Smart Ovens Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- LG Electronics, Inc. (LG Corporation)
- Whirlpool Corporation
- Sharp Corporation
- Hitachi, Ltd.
- Robert Bosch GmbH
- Panasonic Corporation
- Samsung Electronics Co., Ltd.
- Techtronic Industries Co., Ltd.
- Tovala
- June Life, Inc.
Methodology
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