Written by Rahul Kumar » Updated on: January 27th, 2025
The latest report by IMARC Group, titled “Smart Oven Market Report by Type (Single Function, Multiple Function), Distribution Channel (Online, Offline), Capacity (20-25 Litres, 26-30 Litres, Above 30 Litres), Structure (Built-in, Countertop), Connectivity (Bluetooth, Wi-Fi, NFC, and Others), Application (Residential, Commercial), and Region 2025-2033“,The global smart oven market size reached USD 298.3 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,261.0 Million by 2033, exhibiting a growth rate (CAGR) of 16.5% during 2025-2033.
Factors Affecting the Growth of the Smart Oven Industry:
Increased Demand for Smart Kitchen Appliances and Convenience
The smart oven market is experiencing rapid growth due to the increased demand for advanced kitchen appliances that prioritize convenience, efficiency, and automation. Consumers are becoming more tech-savvy, seeking solutions that enhance their cooking experience while saving time and effort. The trend toward home cooking, fueled by the desire for healthier and more personalized meals, is driving the adoption of smart ovens. With the integration of features like voice control, remote operation, and automated cooking presets, these devices are becoming indispensable tools in modern kitchens. In 2024, as consumers look for products that combine functionality with ease of use, smart ovens are being designed to cater to these preferences. The growing focus on sustainability is also influencing purchasing decisions, with many consumers opting for energy-efficient models that reduce their environmental footprint. As a result, manufacturers are innovating and creating smart ovens that provide not only convenience but also energy savings and environmentally friendly features, further fueling market growth.
Integration of AI and IoT to Enhance User Experience
Another dynamic shaping the smart oven market is the integration of Artificial Intelligence (AI) and the Internet of Things (IoT), which significantly enhance the user experience and increase product demand. Smart ovens equipped with AI algorithms are able to learn from user preferences and suggest cooking times, temperatures, and settings tailored to individual tastes. This advanced level of personalization helps users achieve optimal cooking results with minimal effort. IoT connectivity allows users to control their ovens remotely via smartphones, providing flexibility and accessibility, especially in today’s fast-paced world where time management is crucial. The trend toward connected homes in 2024 has created a growing demand for smart appliances that seamlessly integrate with other IoT-enabled devices, such as smart refrigerators, dishwashers, and voice assistants. Consumers are increasingly attracted to the convenience of managing their entire kitchen ecosystem through a single interface. The continuous improvement of these technologies is set to drive the smart oven market forward, as manufacturers introduce new functionalities that meet the needs of today’s connected and time-conscious consumers.
Health and Wellness Focus Driving Smart Oven Innovations
Health and wellness trends are also playing a pivotal role in the expansion of the smart oven market. With growing awareness of the importance of healthy eating, consumers are seeking appliances that can help them prepare nutritious meals with less effort and more precision. In 2024, smart ovens are being equipped with cooking modes and features designed to promote healthier cooking methods, such as air frying, steam baking, and sous-vide cooking. These features allow users to reduce the amount of oil and fat used in their meals, while still achieving great taste and texture. Additionally, smart ovens are offering recipe guidance with nutritional information, helping consumers make informed choices about the meals they prepare. The shift toward plant-based diets, gluten-free options, and low-carb cooking is further influencing the demand for ovens capable of accommodating diverse dietary preferences. As the market continues to evolve, manufacturers are capitalizing on the health-conscious consumer trend by incorporating features that prioritize food safety, energy efficiency, and precise cooking, ensuring that smart ovens remain at the forefront of kitchen innovation.
Competitive Landscape with Key Player:
Breville Group Limited
Bsh Home Appliances Corporation (Robert Bosch GmbH)
Electrolux AB
Haier Group
LG Electronics Inc.
Panasonic Corporation
Samsung Electronics Co. Ltd.
Sharp Corporation
Sub-Zero Group Inc.
Whirlpool Corporation.
Request Sample For PDF Report: https://www.imarcgroup.com/smart-oven-market/requestsample
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
Single Function
Multiple Function
Multiple functions represent the largest segment due to their versatility and appeal to consumers seeking multifunctionality in their kitchen appliances.
Breakup by Distribution Channel:
Online
Offline
Offline accounts for the largest market share due to consumers often preferring to see and experience appliances like smart ovens in person before purchasing.
Breakup by Capacity:
20-25 Litres
26-30 Litres
Above 30 Litres
26-30 Litres dominate the market growth as they strike a balance between size and functionality, catering well to both small and medium-sized households.
Breakup by Structure:
Built-in
Countertop
Countertop holds the largest market share as it offers convenience and ease of installation without requiring built-in modifications in kitchens.
reakup by Connectivity:
Bluetooth
Wi-Fi
NFC
Others
Wi-Fi represents the largest segment due to the increasing demand for remote monitoring and control of appliances through mobile devices.
Breakup by Application:
Residential
Commercial
Residential accounts for the largest market share as smart ovens are predominantly used in households for daily cooking needs and convenience.
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
North America’s dominance in the smart oven market is attributed to increasing disposable incomes, early technology adoption, and a strong consumer base interested in kitchen innovations.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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