Market Overview:
The global build-in high speed oven 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 high speed ovens from commercial and home appliances applications. Additionally, the growing trend of smart homes is also contributing to the growth of this market.
Product Definition:
A build-in high speed oven is a type of oven that has been built into the kitchen cabinetry. This type of oven is often used for baking or roasting and can reach temperatures up to 500 degrees Fahrenheit.
Automatic Control:
Automatic control is a technology that enables the user to set the cooking time and temperature by using an on-board controller without any manual intervention. The oven uses sensors to measure foodstuffs' internal temperature, which helps in maintaining consistent results every time.
The automatic control system has been around for quite some time; however, its usage was limited to expensive commercial ranges until very recently when affordable small appliances also started featuring this feature.
Mechanical Control:
Mechanical control is used in build-in high speed oven to regulate the temperature of the product. It helps to maintain and preserve food quality, texture, color and nutrients. The working principle of this equipment is based on thermo-chemical process which controls heat by changing its phase from solid (gas or liquid) to liquid or gas. This change in phase causes a rapid change in temperature which ultimately kills microorganisms present in food items such as vegetables & meat.
Application Insights:
The commercial appliances segment held the largest share of over 70.0% in 2017. The growth can be attributed to the increasing use of bread ovens, deep-fryers and other cooking equipment in restaurants, hotels and other food service industries. These equipment require a constant temperature which can be achieved only by using a built-in oven with high speed control option as they cook fast and efficiently.
The home appliances segment is expected to witness significant growth over the forecast period owing to growing demand for energy efficient products with improved features at affordable prices coupled with technological advancements made in this category during recent years such as introduction of touch screen technology controlling panels for opening/closing doors, operating fans etc. Furthermore, increased use of gas connections for cooking purposes has resulted in reduced demand for electric range hoods which will boost market growth further during next seven years especially across developing countries like India & China where household electricity rates are relatively low compared to developed countries like U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong growth in disposable income, which can be used to invest in technologically advanced kitchen appliances. China is one of the largest markets for build-in ovens and accounted for more than 50% of total regional sales in 2017 owing to high demand from residential applications as well as commercial applications.
The Middle East & Africa region is anticipated to witness significant growth over the forecast period owing to increasing consumer spending on home improvement projects including kitchens remodeling activities, which will drive product adoption across countries such as South Africa and Saudi Arabia. Moreover, rising number of hotel chains catering specifically towards tourists are likely boost industry revenue across countries such as UAE and Qatar; these factors are expected contribute significantly toward regional market development during the forecast period.
Growth Factors:
- Increasing demand for convenience foods: The build-in high speed oven market is expected to grow as the demand for convenience foods increases. These ovens offer a quick and easy way to cook food, which is appealing to busy consumers.
- Rising popularity of healthy cooking methods: Another factor that is expected to drive the growth of the build-in high speed oven market is the increasing popularity of healthy cooking methods. These ovens are a fast and convenient way to cook food without using unhealthy oils or fats.
- Growing trend towards modular kitchens: A third factor that is expected to drive growth in the build-in high speed oven market is the growing trend towards modular kitchens. These kitchens allow homeowners to customize their kitchen layout according to their needs and preferences, which can include installing a built-in high speed oven.
Scope Of The Report
Report Attributes
Report Details
Report Title
Build-in High Speed Oven Market Research Report
By Type
Automatic Control, Mechanical Control
By Application
Commercial Appliances, Home Appliances
By Companies
GE, Sharp, Electrolux, Siemens, Bosch, Whirlpool (Jenn-Air), Merrychef, Miele, ACP Solutions, Alto-Shaam, GE, Viking Range, MIT
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Build-in High Speed Oven Market Report Segments:
The global Build-in High Speed Oven market is segmented on the basis of:
Types
Automatic Control, Mechanical Control
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
Commercial Appliances, Home Appliances
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:
- GE
- Sharp
- Electrolux
- Siemens
- Bosch
- Whirlpool (Jenn-Air)
- Merrychef
- Miele
- ACP Solutions
- Alto-Shaam
- GE
- Viking Range
- MIT
Highlights of The Build-in High Speed Oven 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:
- Automatic Control
- Mechanical Control
- By Application:
- Commercial Appliances
- Home Appliances
- 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 Build-in High Speed Oven 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
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?
A build-in oven is a kitchen appliance that has a built-in heating element. This appliance is typically used to cook food in an oven, stovetop, or microwave.
Some of the major companies in the build-in high speed oven market are GE, Sharp, Electrolux, Siemens, Bosch, Whirlpool (Jenn-Air), Merrychef, Miele, ACP Solutions, Alto-Shaam, GE, Viking Range, MIT.
The build-in high speed oven 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 Build-in High Speed Oven 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 Build-in High Speed Oven Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Build-in High Speed Oven 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 Build-in High Speed Oven 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 Build-in High Speed Oven Market Size & Forecast, 2018-2028 4.5.1 Build-in High Speed Oven Market Size and Y-o-Y Growth 4.5.2 Build-in High Speed Oven Market Absolute $ Opportunity
Chapter 5 Global Build-in High Speed Oven 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 Build-in High Speed Oven Market Size Forecast by Type
5.2.1 Automatic Control
5.2.2 Mechanical Control
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Build-in High Speed Oven 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 Build-in High Speed Oven Market Size Forecast by Applications
6.2.1 Commercial Appliances
6.2.2 Home Appliances
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Build-in High Speed Oven 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 Build-in High Speed Oven 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 Build-in High Speed Oven Analysis and Forecast
9.1 Introduction
9.2 North America Build-in High Speed Oven 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 Build-in High Speed Oven Market Size Forecast by Type
9.6.1 Automatic Control
9.6.2 Mechanical Control
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 Build-in High Speed Oven Market Size Forecast by Applications
9.10.1 Commercial Appliances
9.10.2 Home Appliances
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 Build-in High Speed Oven Analysis and Forecast
10.1 Introduction
10.2 Europe Build-in High Speed Oven 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 Build-in High Speed Oven Market Size Forecast by Type
10.6.1 Automatic Control
10.6.2 Mechanical Control
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 Build-in High Speed Oven Market Size Forecast by Applications
10.10.1 Commercial Appliances
10.10.2 Home Appliances
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 Build-in High Speed Oven Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Build-in High Speed Oven 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 Build-in High Speed Oven Market Size Forecast by Type
11.6.1 Automatic Control
11.6.2 Mechanical Control
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 Build-in High Speed Oven Market Size Forecast by Applications
11.10.1 Commercial Appliances
11.10.2 Home Appliances
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 Build-in High Speed Oven Analysis and Forecast
12.1 Introduction
12.2 Latin America Build-in High Speed Oven 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 Build-in High Speed Oven Market Size Forecast by Type
12.6.1 Automatic Control
12.6.2 Mechanical Control
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 Build-in High Speed Oven Market Size Forecast by Applications
12.10.1 Commercial Appliances
12.10.2 Home Appliances
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) Build-in High Speed Oven Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Build-in High Speed Oven 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) Build-in High Speed Oven Market Size Forecast by Type
13.6.1 Automatic Control
13.6.2 Mechanical Control
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) Build-in High Speed Oven Market Size Forecast by Applications
13.10.1 Commercial Appliances
13.10.2 Home Appliances
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 Build-in High Speed Oven Market: Competitive Dashboard
14.2 Global Build-in High Speed Oven Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Sharp
14.3.3 Electrolux
14.3.4 Siemens
14.3.5 Bosch
14.3.6 Whirlpool (Jenn-Air)
14.3.7 Merrychef
14.3.8 Miele
14.3.9 ACP Solutions
14.3.10 Alto-Shaam
14.3.11 GE
14.3.12 Viking Range
14.3.13 MIT