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PUBLISHER: KBV Research | PRODUCT CODE: 1483573

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PUBLISHER: KBV Research | PRODUCT CODE: 1483573

North America Smart Ovens Market Size, Share & Trends Analysis Report By Type (Counter-top, and Built-in), By Distribution Channel (Offline, and Online), By End User (Residential, and Commercial), By Country and Growth Forecast, 2024 - 2031

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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.

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.

North America Smart Ovens Market Report Segmentation

By Type (Volume, Hundred Units, USD Billion, 2020-2031)

  • Counter-top
  • Built-in

By Distribution Channel (Volume, Hundred Units, USD Billion, 2020-2031)

  • Offline
  • Online

By End User (Volume, Hundred Units, USD Billion, 2020-2031)

  • Residential
  • Commercial

By Country (Volume, Hundred Units, USD Billion, 2020-2031)

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1.Market Scope & Methodology

  • 1.1Market Definition
  • 1.2Objectives
  • 1.3Market Scope
  • 1.4Segmentation
    • 1.4.1North America Smart Ovens Market, by Type
    • 1.4.2North America Smart Ovens Market, by Distribution Channel
    • 1.4.3North America Smart Ovens Market, by End User
    • 1.4.4North America Smart Ovens Market, by Country
  • 1.5Methodology for the research

Chapter 2.Market at a Glance

  • 2.1Key Highlights

Chapter 3.Market Overview

  • 3.1Introduction
    • 3.1.1Overview
      • 3.1.1.1Market Composition and Scenario
  • 3.2Key Factors Impacting the Market
    • 3.2.1Market Drivers
    • 3.2.2Market Restraints
    • 3.2.3Market Opportunities
    • 3.2.4Market Challenges
  • 3.3Porter's Five Forces Analysis

Chapter 4.Strategies Deployed in Smart Ovens Market

Chapter 5.North America Smart Ovens Market by Type

  • 5.1North America Counter-top Market by Region
  • 5.2North America Built-in Market by Region

Chapter 6.North America Smart Ovens Market by Distribution Channel

  • 6.1North America Offline Market by Country
  • 6.2North America Online Market by Country

Chapter 7.North America Smart Ovens Market by End User

  • 7.1North America Residential Market by Country
  • 7.2North America Commercial Market by Country

Chapter 8.North America Smart Ovens Market by Country

  • 8.1US Smart Ovens Market
    • 8.1.1US Smart Ovens Market by Type
    • 8.1.2US Smart Ovens Market by Distribution Channel
    • 8.1.3US Smart Ovens Market by End User
  • 8.2Canada Smart Ovens Market
    • 8.2.1Canada Smart Ovens Market by Type
    • 8.2.2Canada Smart Ovens Market by Distribution Channel
    • 8.2.3Canada Smart Ovens Market by End User
  • 8.3Mexico Smart Ovens Market
    • 8.3.1Mexico Smart Ovens Market by Type
    • 8.3.2Mexico Smart Ovens Market by Distribution Channel
    • 8.3.3Mexico Smart Ovens Market by End User
  • 8.4Rest of North America Smart Ovens Market
    • 8.4.1Rest of North America Smart Ovens Market by Type
    • 8.4.2Rest of North America Smart Ovens Market by Distribution Channel
    • 8.4.3Rest of North America Smart Ovens Market by End User

Chapter 9.Company Profiles

  • 9.1LG Electronics, Inc. (LG Corporation)
    • 9.1.1Company Overview
    • 9.1.2Financial Analysis
    • 9.1.3Regional & Segmental Analysis
    • 9.1.4Research & Development Expenses
    • 9.1.5Recent strategies and developments:
      • 9.1.5.1Partnerships, Collaborations, and Agreements:
      • 9.1.5.2Product Launches and Product Expansions:
    • 9.1.6SWOT Analysis
  • 9.2Whirlpool Corporation
    • 9.2.1Company Overview
    • 9.2.2Financial Analysis
    • 9.2.3Regional Analysis
    • 9.2.4Research & Development Expense
    • 9.2.5SWOT Analysis
  • 9.3Sharp Corporation
    • 9.3.1Company Overview
    • 9.3.2Financial Analysis
    • 9.3.3Segmental & Regional Analysis
    • 9.3.4Research & Development Expense
    • 9.3.5Recent strategies and developments:
      • 9.3.5.1Product Launches and Product Expansions:
    • 9.3.6SWOT Analysis
  • 9.4Hitachi, Ltd.
    • 9.4.1Company Overview
    • 9.4.2Financial Analysis
    • 9.4.3Segmental and Regional Analysis
    • 9.4.4Research & Development Expenses
    • 9.4.5SWOT Analysis
  • 9.5Robert Bosch GmbH
    • 9.5.1Company Overview
    • 9.5.2Financial Analysis
    • 9.5.3Segmental and Regional Analysis
    • 9.5.4Research & Development Expense
    • 9.5.5SWOT Analysis
  • 9.6Panasonic Holdings Corporation
    • 9.6.1Company Overview
    • 9.6.2Financial Analysis
    • 9.6.3Segmental and Regional Analysis
    • 9.6.4Research & Development Expenses
    • 9.6.5Recent strategies and developments:
      • 9.6.5.1Product Launches and Product Expansions:
    • 9.6.6SWOT Analysis
  • 9.7Samsung Electronics Co., Ltd. (Samsung Group)
    • 9.7.1Company Overview
    • 9.7.2Financial Analysis
    • 9.7.3Segmental and Regional Analysis
    • 9.7.4Recent strategies and developments:
      • 9.7.4.1Product Launches and Product Expansions:
    • 9.7.5SWOT Analysis
  • 9.8Techtronic Industries Co., Ltd.
    • 9.8.1Company Overview
    • 9.8.2Financial Analysis
    • 9.8.3Segmental and Regional Analysis
    • 9.8.4Research & Development Expenses
    • 9.8.5SWOT Analysis
  • 9.9Tovala
    • 9.9.1Company Overview
    • 9.9.2SWOT Analysis
  • 9.10.June Life, Inc.
    • 9.10.1Company Overview
    • 9.10.2SWOT Analysis

LIST OF TABLES

  • TABLE 1North America Smart Ovens Market, 2020 - 2023, USD Million
  • TABLE 2North America Smart Ovens Market, 2024 - 2031, USD Million
  • TABLE 3North America Smart Ovens Market, 2020 - 2023, Hundred Units
  • TABLE 4North America Smart Ovens Market, 2024 - 2031, Hundred Units
  • TABLE 5North America Smart Ovens Market by Type, 2020 - 2023, USD Million
  • TABLE 6North America Smart Ovens Market by Type, 2024 - 2031, USD Million
  • TABLE 7North America Smart Ovens Market by Type, 2020 - 2023, Hundred Units
  • TABLE 8North America Smart Ovens Market by Type, 2024 - 2031, Hundred Units
  • TABLE 9North America Counter-top Market by Region, 2020 - 2023, USD Million
  • TABLE 10North America Counter-top Market by Region, 2024 - 2031, USD Million
  • TABLE 11North America Counter-top Market by Region, 2020 - 2023, Hundred Units
  • TABLE 12North America Counter-top Market by Region, 2024 - 2031, Hundred Units
  • TABLE 13North America Built-in Market by Region, 2020 - 2023, USD Million
  • TABLE 14North America Built-in Market by Region, 2024 - 2031, USD Million
  • TABLE 15North America Built-in Market by Region, 2020 - 2023, Hundred Units
  • TABLE 16North America Built-in Market by Region, 2024 - 2031, Hundred Units
  • TABLE 17North America Smart Ovens Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 18North America Smart Ovens Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 19North America Smart Ovens Market by Distribution Channel, 2020 - 2023, Hundred Units
  • TABLE 20North America Smart Ovens Market by Distribution Channel, 2024 - 2031, Hundred Units
  • TABLE 21North America Offline Market by Country, 2020 - 2023, USD Million
  • TABLE 22North America Offline Market by Country, 2024 - 2031, USD Million
  • TABLE 23North America Offline Market by Country, 2020 - 2023, Hundred Units
  • TABLE 24North America Offline Market by Country, 2024 - 2031, Hundred Units
  • TABLE 25North America Online Market by Country, 2020 - 2023, USD Million
  • TABLE 26North America Online Market by Country, 2024 - 2031, USD Million
  • TABLE 27North America Online Market by Country, 2020 - 2023, Hundred Units
  • TABLE 28North America Online Market by Country, 2024 - 2031, Hundred Units
  • TABLE 29North America Smart Ovens Market by End User, 2020 - 2023, USD Million
  • TABLE 30North America Smart Ovens Market by End User, 2024 - 2031, USD Million
  • TABLE 31North America Smart Ovens Market by End User, 2020 - 2023, Hundred Units
  • TABLE 32North America Smart Ovens Market by End User, 2024 - 2031, Hundred Units
  • TABLE 33North America Residential Market by Country, 2020 - 2023, USD Million
  • TABLE 34North America Residential Market by Country, 2024 - 2031, USD Million
  • TABLE 35North America Residential Market by Country, 2020 - 2023, Hundred Units
  • TABLE 36North America Residential Market by Country, 2024 - 2031, Hundred Units
  • TABLE 37North America Commercial Market by Country, 2020 - 2023, USD Million
  • TABLE 38North America Commercial Market by Country, 2024 - 2031, USD Million
  • TABLE 39North America Commercial Market by Country, 2020 - 2023, Hundred Units
  • TABLE 40North America Commercial Market by Country, 2024 - 2031, Hundred Units
  • TABLE 41North America Smart Ovens Market by Country, 2020 - 2023, USD Million
  • TABLE 42North America Smart Ovens Market by Country, 2024 - 2031, USD Million
  • TABLE 43North America Smart Ovens Market by Country, 2020 - 2023, Hundred Units
  • TABLE 44North America Smart Ovens Market by Country, 2024 - 2031, Hundred Units
  • TABLE 45US Smart Ovens Market, 2020 - 2023, USD Million
  • TABLE 46US Smart Ovens Market, 2024 - 2031, USD Million
  • TABLE 47US Smart Ovens Market, 2020 - 2023, Hundred Units
  • TABLE 48US Smart Ovens Market, 2024 - 2031, Hundred Units
  • TABLE 49US Smart Ovens Market by Type, 2020 - 2023, USD Million
  • TABLE 50US Smart Ovens Market by Type, 2024 - 2031, USD Million
  • TABLE 51US Smart Ovens Market by Type, 2020 - 2023, Hundred Units
  • TABLE 52US Smart Ovens Market by Type, 2024 - 2031, Hundred Units
  • TABLE 53US Smart Ovens Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 54US Smart Ovens Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 55US Smart Ovens Market by Distribution Channel, 2020 - 2023, Hundred Units
  • TABLE 56US Smart Ovens Market by Distribution Channel, 2024 - 2031, Hundred Units
  • TABLE 57US Smart Ovens Market by End User, 2020 - 2023, USD Million
  • TABLE 58US Smart Ovens Market by End User, 2024 - 2031, USD Million
  • TABLE 59US Smart Ovens Market by End User, 2020 - 2023, Hundred Units
  • TABLE 60US Smart Ovens Market by End User, 2024 - 2031, Hundred Units
  • TABLE 61Canada Smart Ovens Market, 2020 - 2023, USD Million
  • TABLE 62Canada Smart Ovens Market, 2024 - 2031, USD Million
  • TABLE 63Canada Smart Ovens Market, 2020 - 2023, Hundred Units
  • TABLE 64Canada Smart Ovens Market, 2024 - 2031, Hundred Units
  • TABLE 65Canada Smart Ovens Market by Type, 2020 - 2023, USD Million
  • TABLE 66Canada Smart Ovens Market by Type, 2024 - 2031, USD Million
  • TABLE 67Canada Smart Ovens Market by Type, 2020 - 2023, Hundred Units
  • TABLE 68Canada Smart Ovens Market by Type, 2024 - 2031, Hundred Units
  • TABLE 69Canada Smart Ovens Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 70Canada Smart Ovens Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 71Canada Smart Ovens Market by Distribution Channel, 2020 - 2023, Hundred Units
  • TABLE 72Canada Smart Ovens Market by Distribution Channel, 2024 - 2031, Hundred Units
  • TABLE 73Canada Smart Ovens Market by End User, 2020 - 2023, USD Million
  • TABLE 74Canada Smart Ovens Market by End User, 2024 - 2031, USD Million
  • TABLE 75Canada Smart Ovens Market by End User, 2020 - 2023, Hundred Units
  • TABLE 76Canada Smart Ovens Market by End User, 2024 - 2031, Hundred Units
  • TABLE 77Mexico Smart Ovens Market, 2020 - 2023, USD Million
  • TABLE 78Mexico Smart Ovens Market, 2024 - 2031, USD Million
  • TABLE 79Mexico Smart Ovens Market, 2020 - 2023, Hundred Units
  • TABLE 80Mexico Smart Ovens Market, 2024 - 2031, Hundred Units
  • TABLE 81Mexico Smart Ovens Market by Type, 2020 - 2023, USD Million
  • TABLE 82Mexico Smart Ovens Market by Type, 2024 - 2031, USD Million
  • TABLE 83Mexico Smart Ovens Market by Type, 2020 - 2023, Hundred Units
  • TABLE 84Mexico Smart Ovens Market by Type, 2024 - 2031, Hundred Units
  • TABLE 85Mexico Smart Ovens Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 86Mexico Smart Ovens Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 87Mexico Smart Ovens Market by Distribution Channel, 2020 - 2023, Hundred Units
  • TABLE 88Mexico Smart Ovens Market by Distribution Channel, 2024 - 2031, Hundred Units
  • TABLE 89Mexico Smart Ovens Market by End User, 2020 - 2023, USD Million
  • TABLE 90Mexico Smart Ovens Market by End User, 2024 - 2031, USD Million
  • TABLE 91Mexico Smart Ovens Market by End User, 2020 - 2023, Hundred Units
  • TABLE 92Mexico Smart Ovens Market by End User, 2024 - 2031, Hundred Units
  • TABLE 93Rest of North America Smart Ovens Market, 2020 - 2023, USD Million
  • TABLE 94Rest of North America Smart Ovens Market, 2024 - 2031, USD Million
  • TABLE 95Rest of North America Smart Ovens Market, 2020 - 2023, Hundred Units
  • TABLE 96Rest of North America Smart Ovens Market, 2024 - 2031, Hundred Units
  • TABLE 97Rest of North America Smart Ovens Market by Type, 2020 - 2023, USD Million
  • TABLE 98Rest of North America Smart Ovens Market by Type, 2024 - 2031, USD Million
  • TABLE 99Rest of North America Smart Ovens Market by Type, 2020 - 2023, Hundred Units
  • TABLE 100Rest of North America Smart Ovens Market by Type, 2024 - 2031, Hundred Units
  • TABLE 101Rest of North America Smart Ovens Market by Distribution Channel, 2020 - 2023, USD Million
  • TABLE 102Rest of North America Smart Ovens Market by Distribution Channel, 2024 - 2031, USD Million
  • TABLE 103Rest of North America Smart Ovens Market by Distribution Channel, 2020 - 2023, Hundred Units
  • TABLE 104Rest of North America Smart Ovens Market by Distribution Channel, 2024 - 2031, Hundred Units
  • TABLE 105Rest of North America Smart Ovens Market by End User, 2020 - 2023, USD Million
  • TABLE 106Rest of North America Smart Ovens Market by End User, 2024 - 2031, USD Million
  • TABLE 107Rest of North America Smart Ovens Market by End User, 2020 - 2023, Hundred Units
  • TABLE 108Rest of North America Smart Ovens Market by End User, 2024 - 2031, Hundred Units
  • TABLE 109Key Information - LG Electronics, Inc.
  • TABLE 110Key information - Whirlpool Corporation
  • TABLE 111Key Information - Sharp Corporation
  • TABLE 112Key Information - Hitachi, Ltd.
  • TABLE 113Key Information - Robert Bosch GmbH
  • TABLE 114Key Information - Panasonic Holdings Corporation
  • TABLE 115Key Information - Samsung Electronics Co., Ltd.
  • TABLE 116Key Information - Techtronic Industries Co., Ltd.
  • TABLE 117Key information - Tovala
  • TABLE 118Key Information - June Life, Inc.
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Christine Sirois

Manager - Americas

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