Market Overview:
The global aging ovens market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for aging ovens from various end-use industries, such as universities, laboratories, and factories. In addition, the growing awareness about food safety and hygiene is also propelling the growth of this market.
 Ovens Industry Outlook.svg)
Product Definition:
The term "aging" or "ageing" is used to describe the process of wine losing its freshness and becoming less appealing to drink. The time it takes for a wine to noticeably age varies depending on the type of wine, but typically ranges from 3-10 years. During this time, the wine will lose its fruity flavors and aromas, and develop more complex flavors like tobacco, leather, or earth. Aging also causes a wine's tannins to mellow out, making it smoother on the palate. While many people believe that wines improve with age, others find that older wines can be too dry or harsh for their taste.
Small Capacity:
Small capacity burners are used in ranges from 1.1 cu. ft to 4.0 cu. ft and their typical applications include cooking, warming, and broiling foods; they also provide a safe method for heating small areas as well as the ability to control temperature with precision in smaller ovens (less than 20” x 30”).
Standard Capacity:
The standard capacity of the oven is defined as the largest amount of food that can be cooked in a certain time span. The size and number of people in a household, climate conditions, geographical location etc all have an impact on the cooking standards.
In general, to maintain nutritional balance it is necessary to eat seven times a day; however old age weakens our body.
Application Insights:
The application segment includes the university laboratory, factory, and others. The aging ovens used in the University laboratories are small-scale devices that are designed to test the effects of temperature on different types of materials. These devices help researchers to determine physical properties such as strength, hardness, and glass transition temperature of various materials.
The aging process carried out in these devices is called accelerated testing procedure (AAP). It helps manufacturers to test a wide range of conditions including humidity & moisture content control during manufacturing process or storage condition under which device will be used by customer for commercial purposes or personal use. In this AAP method different metals like steel and aluminum change their physical appearance (shape) due to transformation from ductile into brittle phase with increase in temperature along with other changes like color & texture at around room temperature i.e., about 25 °C/77 °F(0°F).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing geriatric population, rising awareness about advanced technologies, and high disposable income of consumers and their willingness to spend on age-related issues such as healthy aging.
Asia Pacific is anticipated to witness lucrative growth over the coming years owing to factors such as improving healthcare infrastructure, growing medical tourism industry due to low cost of treatment in this region as compared with developed economies including U.S., and Japan etc.
Growth Factors:
- Increasing demand for aging ovens from the food service industry as a result of the growing trend of eating out
- Rising demand for aging ovens from small and medium-sized businesses due to their affordability and compact size
- Growing popularity of convectional aging ovens among consumers due to their ability to cook food evenly
- Proliferation of online cooking tutorials that promote the use of aging ovens in home kitchens
- Increased availability of affordable aged oven models in developed markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Aging(Ageing) Ovens Market Research Report
By Type
Small Capacity, Standard Capacity, Large Capacity
By Application
University Laboratory, Factory, Others
By Companies
Elastocon, Wisconsin Oven, MonTech GmbH, Testlab, HeatTek, NUTEC GROUP, Ektron Tek, M&K Co., Ltd, CEBA, Myungji Tech, Labtron, Gotech, SKYLINE, Fann Instrument Company, Unuo Instruments, JTM, ITS, PRECISION QUINCY OVENS, Gerref, TECNOCARPENT SRL, Tempo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Aging(Ageing) Ovens Market Report Segments:
The global Aging(Ageing) Ovens market is segmented on the basis of:
Types
Small Capacity, Standard Capacity, Large Capacity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
University Laboratory, Factory, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Elastocon
- Wisconsin Oven
- MonTech GmbH
- Testlab
- HeatTek
- NUTEC GROUP
- Ektron Tek
- M&K Co., Ltd
- CEBA
- Myungji Tech
- Labtron
- Gotech
- SKYLINE
- Fann Instrument Company
- Unuo Instruments
- JTM
- ITS
- PRECISION QUINCY OVENS
- Gerref
- TECNOCARPENT SRL
- Tempo
 Ovens Market Overview.svg)
Highlights of The Aging(Ageing) Ovens Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small Capacity
- Standard Capacity
- Large Capacity
- By Application:
- University Laboratory
- Factory
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aging(Ageing) Ovens Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Ovens Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aging ovens are typically used to cook food that will be consumed by humans. They are also known as convection ovens, because they use a fan to circulate the heat around the food.
Some of the major players in the aging(ageing) ovens market are Elastocon, Wisconsin Oven, MonTech GmbH, Testlab, HeatTek, NUTEC GROUP, Ektron Tek, M&K Co., Ltd, CEBA, Myungji Tech, Labtron, Gotech, SKYLINE, Fann Instrument Company, Unuo Instruments, JTM, ITS, PRECISION QUINCY OVENS, Gerref, TECNOCARPENT SRL, Tempo.
The aging(ageing) ovens market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aging(Ageing) Ovens Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aging(Ageing) Ovens Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aging(Ageing) Ovens Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aging(Ageing) Ovens Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aging(Ageing) Ovens Market Size & Forecast, 2018-2028
4.5.1 Aging(Ageing) Ovens Market Size and Y-o-Y Growth
4.5.2 Aging(Ageing) Ovens Market Absolute $ Opportunity
Chapter 5 Global Aging(Ageing) Ovens Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aging(Ageing) Ovens Market Size Forecast by Type
5.2.1 Small Capacity
5.2.2 Standard Capacity
5.2.3 Large Capacity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aging(Ageing) Ovens Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aging(Ageing) Ovens Market Size Forecast by Applications
6.2.1 University Laboratory
6.2.2 Factory
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aging(Ageing) Ovens Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aging(Ageing) Ovens Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aging(Ageing) Ovens Analysis and Forecast
9.1 Introduction
9.2 North America Aging(Ageing) Ovens Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aging(Ageing) Ovens Market Size Forecast by Type
9.6.1 Small Capacity
9.6.2 Standard Capacity
9.6.3 Large Capacity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aging(Ageing) Ovens Market Size Forecast by Applications
9.10.1 University Laboratory
9.10.2 Factory
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aging(Ageing) Ovens Analysis and Forecast
10.1 Introduction
10.2 Europe Aging(Ageing) Ovens Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aging(Ageing) Ovens Market Size Forecast by Type
10.6.1 Small Capacity
10.6.2 Standard Capacity
10.6.3 Large Capacity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aging(Ageing) Ovens Market Size Forecast by Applications
10.10.1 University Laboratory
10.10.2 Factory
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aging(Ageing) Ovens Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aging(Ageing) Ovens Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aging(Ageing) Ovens Market Size Forecast by Type
11.6.1 Small Capacity
11.6.2 Standard Capacity
11.6.3 Large Capacity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aging(Ageing) Ovens Market Size Forecast by Applications
11.10.1 University Laboratory
11.10.2 Factory
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aging(Ageing) Ovens Analysis and Forecast
12.1 Introduction
12.2 Latin America Aging(Ageing) Ovens Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aging(Ageing) Ovens Market Size Forecast by Type
12.6.1 Small Capacity
12.6.2 Standard Capacity
12.6.3 Large Capacity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aging(Ageing) Ovens Market Size Forecast by Applications
12.10.1 University Laboratory
12.10.2 Factory
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aging(Ageing) Ovens Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aging(Ageing) Ovens Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aging(Ageing) Ovens Market Size Forecast by Type
13.6.1 Small Capacity
13.6.2 Standard Capacity
13.6.3 Large Capacity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aging(Ageing) Ovens Market Size Forecast by Applications
13.10.1 University Laboratory
13.10.2 Factory
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aging(Ageing) Ovens Market: Competitive Dashboard
14.2 Global Aging(Ageing) Ovens Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Elastocon
14.3.2 Wisconsin Oven
14.3.3 MonTech GmbH
14.3.4 Testlab
14.3.5 HeatTek
14.3.6 NUTEC GROUP
14.3.7 Ektron Tek
14.3.8 M&K Co., Ltd
14.3.9 CEBA
14.3.10 Myungji Tech
14.3.11 Labtron
14.3.12 Gotech
14.3.13 SKYLINE
14.3.14 Fann Instrument Company
14.3.15 Unuo Instruments
14.3.16 JTM
14.3.17 ITS
14.3.18 PRECISION QUINCY OVENS
14.3.19 Gerref
14.3.20 TECNOCARPENT SRL
14.3.21 Tempo
