Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Intelligence Microwave Oven Market by Type (Grill Microwave Oven, Convection Microwave Oven, Microwave/Light-wave Oven, Others), By Application (Household User, Business User) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Intelligence Microwave Oven Market by Type (Grill Microwave Oven, Convection Microwave Oven, Microwave/Light-wave Oven, Others), By Application (Household User, Business User) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 196986 3300 Consumer Goods 377 245 Pages 4.6 (34)
                                          

Market Overview:


The Global Intelligence Microwave Oven Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for microwave ovens from both, household and business users. Additionally, the introduction of innovative features in microwave ovens is also contributing to the market growth. Some of these features include grill microwaves, convection microwaves, and microwave/light-wave ovens.


Global Intelligence Microwave Oven Industry Outlook


Product Definition:


A microwave oven cooks food by using microwaves to agitate the water molecules in the food. This agitation creates heat, which cooks the food.


Grill Microwave Oven:


grill microwave oven is a cooking appliance which is used to cook food by using convection or microwave radiation. It comprises of a grill plate inside the oven cavity, and this plate can be turned towards the food or away from it by using one or more turners. The appliance consists of an RF source like a magnetron, and this source produces microwaves which are absorbed by the food placed in the cavity.


Convection Microwave Oven:


Convection microwave oven is a combination of conventional microwave oven and convection mode. It can be used to cook food as well as heat, dry, and moist air in the same machine. Convection microwaves are different from typical microwaves because they distribute the energy evenly over a larger area (volume), instead of focusing it on a small spot which makes cooking more even and efficient.


Application Insights:


The business user segment dominated the global intelligence microwave oven market in 2017. The demand for these products by the business users is expected to witness a CAGR of XX% from 2018 to 2030. Microwave ovens are widely used in hotels, restaurants and other food service industries as they can cook food efficiently and at the same time preserve nutrients. Moreover, these devices help reduce cooking time as compared with conventional stovetop methods. These factors are anticipated to drive product demand among businesses over the forecast period.


Household users accounted for a significant share of more than 50% in 2017 owing to increasing adoption of smart appliances such as smart TVs, washing machines.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to retain its dominance throughout the forecast period owing to high disposable income of consumers and rapid technological advancements. Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing demand for convenient food preparation methods, especially among working class people who travel frequently or stay at office for long hours. Moreover, rising number of nuclear families will also boost regional product demand in near future.


Europe accounted for more than 20% share of global revenue in 2017 due to growing adoption by commercial application segments such as hotels and restaurants on account of higher cooking efficiency as compared with conventional stove top microwave ovens coupled with aesthetic appeal factor which makes it suitable addition rather than substitution when installed at a given location within a kitchen space along with other appliances including conventional gas stoves.


Growth Factors:


  • Increasing demand for compact and energy-efficient appliances in residential kitchens
  • Rising disposable income of consumers in developing countries
  • Proliferation of microwavable food products and increasing trend of convenience foods
  • Growing popularity of single-serve microwave ovens among urban consumers
  • Technological advancements that improve the performance, efficiency, and features of microwave ovens

Scope Of The Report

Report Attributes

Report Details

Report Title

Intelligence Microwave Oven Market Research Report

By Type

Grill Microwave Oven, Convection Microwave Oven, Microwave/Light-wave Oven, Others

By Application

Household User, Business User

By Companies

Electrolux, Whirlpool, GE(Haier), Bosch, Galanz, Midea, Panasonic, SANYO, Siemens, Breville, Samsung, Sharp, Kenmore, Emerson, LG

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

245

Number of Tables & Figures

172

Customization Available

Yes, the report can be customized as per your need.


Global Intelligence Microwave Oven Market Report Segments:

The global Intelligence Microwave Oven market is segmented on the basis of:

Types

Grill Microwave Oven, Convection Microwave Oven, Microwave/Light-wave Oven, Others

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

Household User, Business User

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:

  1. Electrolux
  2. Whirlpool
  3. GE(Haier)
  4. Bosch
  5. Galanz
  6. Midea
  7. Panasonic
  8. SANYO
  9. Siemens
  10. Breville
  11. Samsung
  12. Sharp
  13. Kenmore
  14. Emerson
  15. LG

Global Intelligence Microwave Oven Market Overview


Highlights of The Intelligence Microwave Oven Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Grill Microwave Oven
    2. Convection Microwave Oven
    3. Microwave/Light-wave Oven
    4. Others
  1. By Application:

    1. Household User
    2. Business User
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Intelligence Microwave 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

Global Intelligence Microwave Oven Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


An intelligence microwave oven is a type of microwave oven that uses artificial intelligence (AI) to cook food. The AI can learn how to cook different types of foods, based on what you have previously cooked in the machine. This makes it easier for you to prepare meals, as the AI will take care of all the cooking details for you.

Some of the major players in the intelligence microwave oven market are Electrolux, Whirlpool, GE(Haier), Bosch, Galanz, Midea, Panasonic, SANYO, Siemens, Breville, Samsung, Sharp, Kenmore, Emerson, LG.

The intelligence microwave oven market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Intelligence Microwave Oven Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Intelligence Microwave Oven Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Intelligence Microwave Oven Market - Supply Chain
   4.5. Global Intelligence Microwave Oven Market Forecast
      4.5.1. Intelligence Microwave Oven Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Intelligence Microwave Oven Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Intelligence Microwave Oven Market Absolute $ Opportunity

5. Global Intelligence Microwave Oven Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Intelligence Microwave Oven Market Size and Volume Forecast by Type
      5.3.1. Grill Microwave Oven
      5.3.2. Convection Microwave Oven
      5.3.3. Microwave/Light-wave Oven
      5.3.4. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Intelligence Microwave Oven Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Intelligence Microwave Oven Market Size and Volume Forecast by Application
      6.3.1. Household User
      6.3.2. Business User
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Intelligence Microwave Oven Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Intelligence Microwave Oven Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Intelligence Microwave Oven Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Intelligence Microwave Oven Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Intelligence Microwave Oven Demand Share Forecast, 2019-2026

9. North America Intelligence Microwave Oven Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Intelligence Microwave Oven Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Intelligence Microwave Oven Market Size and Volume Forecast by Application
      9.4.1. Household User
      9.4.2. Business User
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Intelligence Microwave Oven Market Size and Volume Forecast by Type
      9.7.1. Grill Microwave Oven
      9.7.2. Convection Microwave Oven
      9.7.3. Microwave/Light-wave Oven
      9.7.4. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Intelligence Microwave Oven Demand Share Forecast, 2019-2026

10. Latin America Intelligence Microwave Oven Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Intelligence Microwave Oven Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Intelligence Microwave Oven Market Size and Volume Forecast by Application
      10.4.1. Household User
      10.4.2. Business User
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Intelligence Microwave Oven Market Size and Volume Forecast by Type
      10.7.1. Grill Microwave Oven
      10.7.2. Convection Microwave Oven
      10.7.3. Microwave/Light-wave Oven
      10.7.4. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Intelligence Microwave Oven Demand Share Forecast, 2019-2026

11. Europe Intelligence Microwave Oven Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Intelligence Microwave Oven Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Intelligence Microwave Oven Market Size and Volume Forecast by Application
      11.4.1. Household User
      11.4.2. Business User
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Intelligence Microwave Oven Market Size and Volume Forecast by Type
      11.7.1. Grill Microwave Oven
      11.7.2. Convection Microwave Oven
      11.7.3. Microave/Light-wave Oven
      11.7.4. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Intelligence Microwave Oven Demand Share, 2019-2026

12. Asia Pacific Intelligence Microwave Oven Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Intelligence Microwave Oven Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Intelligence Microwave Oven Market Size and Volume Forecast by Application
      12.4.1. Household User
      12.4.2. Business User
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Intelligence Microwave Oven Market Size and Volume Forecast by Type
      12.7.1. Grill Microwave Oven
      12.7.2. Convection Microwave Oven
      12.7.3. Microwave/Light-wave Oven
      12.7.4. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Intelligence Microwave Oven Demand Share, 2019-2026

13. Middle East & Africa Intelligence Microwave Oven Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Intelligence Microwave Oven Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Intelligence Microwave Oven Market Size and Volume Forecast by Application
      13.4.1. Household User
      13.4.2. Business User
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Intelligence Microwave Oven Market Size and Volume Forecast by Type
      13.7.1. Grill Microwave Oven
      13.7.2. Convection Microwave Oven
      13.7.3. Microwave/Light-wave Oven
      13.7.4. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Intelligence Microwave Oven Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Intelligence Microwave Oven Market: Market Share Analysis
   14.2. Intelligence Microwave Oven Distributors and Customers
   14.3. Intelligence Microwave Oven Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Electrolux
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Whirlpool
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. GE(Haier)
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Bosch
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Galanz
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Midea
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Panasonic
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. SANYO
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Siemens
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Breville
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Samsung
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Sharp
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Kenmore
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Emerson
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. LG
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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