Summary
The global Multi-Functional Electric Oven Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2020.
A Multi-Functional Electric Oven appliance can not only do all major functions, they can do them all while being used as a stove, refrigerator, and even a food processor. This type of appliance is very popular in the home appliance market today because it solves some cooking and storage problems while allowing to get all three functions in one product. Many multi-functional electric ovens are very small and can fit in the corner of the pantry or closet. However, there are larger models available that come in just about any size you would ever need. Most Multi-Functional Electric Ovens also have a double-sided tapered cooking door which allows the user to flip their Multi-Functional Electric Oven into a stand-up unit so that they can cook directly on the heating plate.
Growing popularity of smart kitchen appliances as they are energy-efficient appliances compared to traditional kitchen appliances is driving the growth of the electric single oven market. Moreover, continuous innovation by key players is another key factor driving growth of the market. Furthermore, the increasing adoption of IoT technology is also expected to play a significant role in the overall development of the electric single oven market.
The Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to the continuous innovation in the smart kitchen appliances by key players. For instance, in August 2020, Xiaomi launched a new product under its MIJIA brand: MIJIA Smart Oven. The smart oven comes with a capacity of 30 liters. It is lace with a vertical body design and different cooking modes are given. This includes roasting, steaming, frying. Apart from this, there is 30-second stewing for steam output
Key Developments:
- In October 2020, Haier has launched a new range of microwave ovens Convection (HIL2501CBSH) and Solo (HIL2001MWPH) in India. They comes with a 25 liters capacity while the Solo model has a capacity of 20 liters according to Haier.
- In January 2021, Sharp has announced the launch of ultra-smart oven series that is designed to work with the world-first cooking platform, Innit.
- In October 2020, June announced the launch of its third-generation smart oven
- In March 2019, Electrolux announces the launch of a brand new kitchen range in Europe. The series includes ovens enriched with connected features which are compatible with Electrolux European smart kitchen partners, notably Google for voice assistance and the Innit recipe app
The Multi-Functional Electric Oven Market report highlights product development and growth strategies such as mergers and acquisitions adopted by market players along with SWOT Analysis, PEST, and Porter’s Five Forces analyses of the Multi-Functional Electric Oven Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- GE
- Whirlpool Corporation
- Frigidaire
- Kenmore
- KitchenAid
- Bosch
- Siemens
- SAMSUNG
- Media
- Haier
- Panasonic
By Product Type, the market is primarily segmented into:
- Electric
- Gas
- Dual Fuel
- Others
By Applications, the market is segmented into:
- Home Appliance
- Commercial Appliance
The report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
The objective of the Multi-Functional Electric Oven Market Report:
- To assess the size of the market by value and volume
- Analyze the Multi-Functional Electric Oven Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Multi-Functional Electric Oven Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of-the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact the growth of the Multi-Functional Electric Oven Market
The Multi-Functional Electric Oven Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Multi-Functional Electric Oven Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type, and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Multi-Functional Electric Oven Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Multi-Functional Electric Oven Market Share by Application: 2020 VS 2026
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Multi-Functional Electric Oven Market
1.6.1 How the Covid-19 is Affecting the Multi-Functional Electric Oven Market
1.6.1.1 Multi-Functional Electric Oven Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Multi-Functional Electric Oven Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Multi-Functional Electric Oven Market Perspective (2015-2026)
2.2 Multi-Functional Electric Oven Market Growth Trends by Regions
2.2.1 Multi-Functional Electric Oven Market Size by Regions: 2015 VS 2020 VS 2026
2.2.2 Multi-Functional Electric Oven Market Historic Market Share by Regions (2015-2020)
2.2.3 Multi-Functional Electric Oven Market Forecasted Market Size by Regions (2021-2026)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Multi-Functional Electric Oven Market Growth Strategy
2.3.6 Primary Interviews with Key Multi-Functional Electric Oven Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Multi-Functional Electric Oven Market Players by Market Size
3.1.1 Global Top Multi-Functional Electric Oven Market Players by Revenue (2015-2020)
3.1.2 Global Multi-Functional Electric Oven Market Revenue Market Share by Players (2015-2020)
3.1.3 Global Multi-Functional Electric Oven Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Multi-Functional Electric Oven Market Concentration Ratio
3.2.1 Global Multi-Functional Electric Oven Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Multi-Functional Electric Oven Market Revenue in 2019
3.3 Multi-Functional Electric Oven Market Key Players Head office and Area Served
3.4 Key Players Multi-Functional Electric Oven Market Product Solution and Service
3.5 Date of entering into Multi-Functional Electric Oven Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2026)
4.1 Global Multi-Functional Electric Oven Market Historic Market Size by Type (2015-2020)
4.2 Global Multi-Functional Electric Oven Market Forecasted Market Size by Type (2021-2026)
5 Multi-Functional Electric Oven Market Breakdown Data by Application (2015-2026)
5.1 Global Multi-Functional Electric Oven Market Size by Application (2015-2020)
5.2 Global Multi-Functional Electric Oven Market Forecasted Market Size by Application (2021-2026)
6 North America
6.1 North America Multi-Functional Electric Oven Market Size (2015-2020)
6.2 Multi-Functional Electric Oven Market Key Players in North America (2019-2020)
6.3 North America Multi-Functional Electric Oven Market Size by Type (2015-2020)
6.4 North America Multi-Functional Electric Oven Market Size by Application (2015-2020)
7 Europe
7.1 Europe Multi-Functional Electric Oven Market Size (2015-2020)
7.2 Multi-Functional Electric Oven Market Key Players in Europe (2019-2020)
7.3 Europe Multi-Functional Electric Oven Market Size by Type (2015-2020)
7.4 Europe Multi-Functional Electric Oven Market Size by Application (2015-2020)
8 China
8.1 China Multi-Functional Electric Oven Market Size (2015-2020)
8.2 Multi-Functional Electric Oven Market Key Players in China (2019-2020)
8.3 China Multi-Functional Electric Oven Market Size by Type (2015-2020)
8.4 China Multi-Functional Electric Oven Market Size by Application (2015-2020)
9 Japan
9.1 Japan Multi-Functional Electric Oven Market Size (2015-2020)
9.2 Multi-Functional Electric Oven Market Key Players in Japan (2019-2020)
9.3 Japan Multi-Functional Electric Oven Market Size by Type (2015-2020)
9.4 Japan Multi-Functional Electric Oven Market Size by Application (2015-2020)
10 Southeast Asia
10.1 Southeast Asia Multi-Functional Electric Oven Market Size (2015-2020)
10.2 Multi-Functional Electric Oven Market Key Players in Southeast Asia (2019-2020)
10.3 Southeast Asia Multi-Functional Electric Oven Market Size by Type (2015-2020)
10.4 Southeast Asia Multi-Functional Electric Oven Market Size by Application (2015-2020)
11 India
11.1 India Multi-Functional Electric Oven Market Size (2015-2020)
11.2 Multi-Functional Electric Oven Market Key Players in India (2019-2020)
11.3 India Multi-Functional Electric Oven Market Size by Type (2015-2020)
11.4 India Multi-Functional Electric Oven Market Size by Application (2015-2020)
12 Central & South America
12.1 Central & South America Multi-Functional Electric Oven Market Size (2015-2020)
12.2 Multi-Functional Electric Oven Market Key Players in Central & South America (2019-2020)
12.3 Central & South America Multi-Functional Electric Oven Market Size by Type (2015-2020)
12.4 Central & South America Multi-Functional Electric Oven Market Size by Application (2015-2020)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Multi-Functional Electric Oven Market Introduction
13.4 Multi-Functional Electric Oven Market Business (2015-2020)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Multi-Functional Electric Oven Market Key Market Segments
Table 2. Key Players Covered: Ranking by Multi-Functional Electric Oven Market Revenue
Table 3. Ranking of Global Top Multi-Functional Electric Oven Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Multi-Functional Electric Oven Market Size Growth Rate by Type (US$ Million): 2020 VS 2026
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Multi-Functional Electric Oven Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Multi-Functional Electric Oven Market Players to Combat Covid-19 Impact
Table 10. Global Multi-Functional Electric Oven Market Size Growth by Application (US$ Million): 2020 VS 2026
Table 11. Global Multi-Functional Electric Oven Market Size by Regions (US$ Million): 2020 VS 2026
Table 12. Global Multi-Functional Electric Oven Market Size by Regions (2015-2020) (US$ Million)
Table 13. Global Multi-Functional Electric Oven Market Share by Regions (2015-2020)
Table 14. Global Multi-Functional Electric Oven Market Forecasted Market Size by Regions (2021-2026) (US$ Million)
Table 15. Global Multi-Functional Electric Oven Market Share by Regions (2021-2026)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Multi-Functional Electric Oven Market Growth Strategy
Table 20. Main Points Interviewed from Key Multi-Functional Electric Oven Market Players
Table 21. Global Multi-Functional Electric Oven Market Revenue by Players (2015-2020) (Million US$)
Table 22. Global Multi-Functional Electric Oven Market Share by Players (2015-2020)
Table 23. Global Top Multi-Functional Electric Oven Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Multi-Functional Electric Oven Market as of 2019)
Table 24. Global Multi-Functional Electric Oven Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Multi-Functional Electric Oven Market Product Solution and Service
Table 27. Date of entering into Multi-Functional Electric Oven Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Multi-Functional Electric Oven Market Size by Type (2015-2020) (Million US$)
Table 30. Global Multi-Functional Electric Oven Market Size Share by Type (2015-2020)
Table 31. Global Multi-Functional Electric Oven Market Revenue Market Share by Type (2021-2026)
Table 31. Global Multi-Functional Electric Oven Market Size Share by Application (2015-2020)
Table 33. Global Multi-Functional Electric Oven Market Size by Application (2015-2020) (Million US$)
Table 34. Global Multi-Functional Electric Oven Market Size Share by Application (2021-2026)
Table 35. North America Key Players Multi-Functional Electric Oven Market Revenue (2019-2020) (Million US$)
Table 36. North America Key Players Multi-Functional Electric Oven Market Share (2019-2020)
Table 37. North America Multi-Functional Electric Oven Market Size by Type (2015-2020) (Million US$)
Table 38. North America Multi-Functional Electric Oven Market Share by Type (2015-2020)
Table 39. North America Multi-Functional Electric Oven Market Size by Application (2015-2020) (Million US$)
Table 40. North America Multi-Functional Electric Oven Market Share by Application (2015-2020)
Table 41. Europe Key Players Multi-Functional Electric Oven Market Revenue (2019-2020) (Million US$)
Table 42. Europe Key Players Multi-Functional Electric Oven Market Share (2019-2020)
Table 43. Europe Multi-Functional Electric Oven Market Size by Type (2015-2020) (Million US$)
Table 44. Europe Multi-Functional Electric Oven Market Share by Type (2015-2020)
Table 45. Europe Multi-Functional Electric Oven Market Size by Application (2015-2020) (Million US$)
Table 46. Europe Multi-Functional Electric Oven Market Share by Application (2015-2020)
Table 47. China Key Players Multi-Functional Electric Oven Market Revenue (2019-2020) (Million US$)
Table 48. China Key Players Multi-Functional Electric Oven Market Share (2019-2020)
Table 49. China Multi-Functional Electric Oven Market Size by Type (2015-2020) (Million US$)
Table 50. China Multi-Functional Electric Oven Market Share by Type (2015-2020)
Table 51. China Multi-Functional Electric Oven Market Size by Application (2015-2020) (Million US$)
Table 52. China Multi-Functional Electric Oven Market Share by Application (2015-2020)
Table 53. Japan Key Players Multi-Functional Electric Oven Market Revenue (2019-2020) (Million US$)
Table 54. Japan Key Players Multi-Functional Electric Oven Market Share (2019-2020)
Table 55. Japan Multi-Functional Electric Oven Market Size by Type (2015-2020) (Million US$)
Table 56. Japan Multi-Functional Electric Oven Market Share by Type (2015-2020)
Table 57. Japan Multi-Functional Electric Oven Market Size by Application (2015-2020) (Million US$)
Table 58. Japan Multi-Functional Electric Oven Market Share by Application (2015-2020)
Table 59. Southeast Asia Key Players Multi-Functional Electric Oven Market Revenue (2019-2020) (Million US$)
Table 60. Southeast Asia Key Players Multi-Functional Electric Oven Market Share (2019-2020)
Table 61. Southeast Asia Multi-Functional Electric Oven Market Size by Type (2015-2020) (Million US$)
Table 62. Southeast Asia Multi-Functional Electric Oven Market Share by Type (2015-2020)
Table 63. Southeast Asia Multi-Functional Electric Oven Market Size by Application (2015-2020) (Million US$)
Table 64. Southeast Asia Multi-Functional Electric Oven Market Share by Application (2015-2020)
Table 65. India Key Players Multi-Functional Electric Oven Market Revenue (2019-2020) (Million US$)
Table 66. India Key Players Multi-Functional Electric Oven Market Share (2019-2020)
Table 67. India Multi-Functional Electric Oven Market Size by Type (2015-2020) (Million US$)
Table 68. India Multi-Functional Electric Oven Market Share by Type (2015-2020)
Table 69. India Multi-Functional Electric Oven Market Size by Application (2015-2020) (Million US$)
Table 70. India Multi-Functional Electric Oven Market Share by Application (2015-2020)
Table 71. Central & South America Key Players Multi-Functional Electric Oven Market Revenue (2019-2020) (Million US$)
Table 72. Central & South America Key Players Multi-Functional Electric Oven Market Share (2019-2020)
Table 73. Central & South America Multi-Functional Electric Oven Market Size by Type (2015-2020) (Million US$)
Table 74. Central & South America Multi-Functional Electric Oven Market Share by Type (2015-2020)
Table 75. Central & South America Multi-Functional Electric Oven Market Size by Application (2015-2020) (Million US$)
Table 76. Central & South America Multi-Functional Electric Oven Market Share by Application (2015-2020)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Multi-Functional Electric Oven Market Business (2015-2020) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Multi-Functional Electric Oven Market Share by Type: 2020 VS 2026
Figure 2. Global Multi-Functional Electric Oven Market Share by Application: 2020 VS 2026
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Multi-Functional Electric Oven Market Report Years Considered
Figure 8. Global Multi-Functional Electric Oven Market Size YoY Growth 2015-2026 (US$ Million)
Figure 9. Global Multi-Functional Electric Oven Market Share by Regions: 2020 VS 2026
Figure 10. Global Multi-Functional Electric Oven Market Share by Regions (2021-2026)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Multi-Functional Electric Oven Market Share by Players in 2019
Figure 13. Global Top Multi-Functional Electric Oven Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Multi-Functional Electric Oven Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Multi-Functional Electric Oven Market Revenue in 2019
Figure 15. North America Multi-Functional Electric Oven Market Size YoY Growth (2015-2020) (Million US$)
Figure 16. Europe Multi-Functional Electric Oven Market Size YoY Growth (2015-2020) (Million US$)
Figure 17. China Multi-Functional Electric Oven Market Size YoY Growth (2015-2020) (Million US$)
Figure 18. Japan Multi-Functional Electric Oven Market Size YoY Growth (2015-2020) (Million US$)
Figure 19. Southeast Asia Multi-Functional Electric Oven Market Size YoY Growth (2015-2020) (Million US$)
Figure 20. India Multi-Functional Electric Oven Market Size YoY Growth (2015-2020) (Million US$)
Figure 21. Central & South America Multi-Functional Electric Oven Market Size YoY Growth (2015-2020) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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