DUBLIN--(BUSINESS WIRE)--The "Global
Smart Microwave Oven Market - Forecasts from 2018 to 2023"
report has been added to ResearchAndMarkets.com's
The global smart microwave oven market is projected to witness a CAGR of 21.82% during the forecast period to reach a total market size of US$2.633 billion by 2023, increasing from US$0.806 billion in 2017.
A smart microwave oven connects with home network usually via Wi-Fi and expanded facilities like moisture sensor to avoid drying out food and can communicate with smart phones. Development in the network infrastructure has increased the use of broadband and internet has shifted consumers are rapidly towards the smart appliances for technologically advanced product, better convenience and remote location access to appliance is major factor for the growth of the market. The internet of thing is major driver for the growth of the market during the forecast period.
In terms of end user of smart microwave oven, the global market is segmented as commercial and personal. Among these end user, personal use market is more prominent due to remote location access energy efficient and user-friendly interface. The increasing disposable income is also major factor for the growth of smart microwave oven.
Geographically, the global smart microwave oven market is segmented as North America, Europe, Middle East & Africa, Asia -Pacific and South America. Owing to the technological advancement and their acceptance for augmented cooking methodologies across North America and other European countries will raise the market of smart microwave oven.
- Whirlpool Corporation
- Electrolux AB
- June Life Inc.
- General Electric
- Breville USA Inc.
- BSH Home Appliances Corporation
- Dacor, Inc.
- LG Electronics
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Smart Microwave Oven Market Forcast By Technology
6. Global Smart Microwave Oven Market Forecast By End User
7. Global Smart Microwave Oven Market Forecast By Geography
8. Competitive Intelligence
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/vc68tz/global_smart?w=4