Global Smart Microwave Oven Market Research Report: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Major players in the smart microwave oven market are Electrolux AB, Whirlpool Corporation, LG Electronics, Breville USA Inc., Panasonic, GE(Haier), Sharp, SAMSUNG, Robert Bosch, and BSH Home Appliances Corporation. The Global Smart Microwave Oven Market is expected to grow from USD 1.86 billion in 2019 and to USD 1.91 billion in 2020 at a growth rate of 2.76%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach USD 3.06 billion in 2023 at CAGR of 16.9%. The smart microwave oven market consists of sales of smart microwave oven and related products which include Grill Microwave Oven,Convection Microwave Oven, Microwave/Light-wave Oven and more. Smart microwave ovens are programmed to connect to smart appliances such as phone apps, phone, smart dishwashers, smart speakers and more by which instructions to oven can be given through smart phones and without the need for manual instructions. The companies engaged in manufacturing of smart microwave ovens design, manufacture and market smart microwave oven with Bluetooth-, Wi-Fi-enabled, near-field communication and more technologies which enables the consumer to operate the smart device from anywhere for household and business users. North America was the largest region in the smart microwave oven market in 2019. Asia Pacific was the second largest region in the smart microwave oven market in 2019. In 2019, LG Electronics USA, Inc., a South Korea-based leading manufacturer of home appliances, consumer electronics and mobile communications partnered with Tovala. The partnership of integrating Tovala IQ technology into LG smart ovens benefits both the companies and the customers as the customers can scan the Tovala’s food package barcode to extract the data from Tovala’s database for the final preparation of the food. Tovala, a US-based all-in-one appliance and gourmet meal service which aims at simplifying home cooking with the meals prepared by professional chefs and delivered to doorstep which require few minutes for final preparation. Cybersecurity paves risk to any smart appliance market with hackers providing a way to operate the appliance to cause harm to the user in any means. The smart microwave ovens can be set to pre-heat or can be controlled for temperature adjustments remotely which means a hacker can potentially cause harm to the user. In 2017, hackers could control smart home appliances of LG including smart ovens of millions of customers due to a security flaw in the smart home appliances. The vulnerability in the LG Smart ThinQ mobile app and cloud application Home Hack allowed to control user’s smart appliances. LG in 2016 sold around 80 million smart home appliances including smart ovens to customers all of which were effected by security flaw. In 2019, June Oven, a smart oven of June was reported to pre-heat by itself without the interference of the user overnight. The safety issues arising due to cyber-attacks might hinder the market growth during the forecast period. Scan-to-cook feature is a technology which makes the preparation and cooking of pre-packaged and frozen foods easier with a scan of the barcode over the package by the smart phone with the use of an associated app. The customised and recommended instructions are sent to the microwave oven with a barcode scan which results in perfection of the meals being prepared. In 2019, Amazon launched Alexa smart oven with Scan-to cook feature which is a combination of microwave, convection cooker, air fryer, and food warmer which works well with many pre-packaged foods those by Amazon-owned Whole Foods as well. Whirlpool introduced the first scan-to-cook technology into the market. With a busy lifestyle globally many families prefer frozen foods for meals and with the advantage of Scan-to-cook feature the user need not depend on frozen food preparation instructions which takes guesswork out of cooking and results in perfection which is expected boost the demand of smart microwave oven market. With increasing consumer preference for technologically advanced products there is a rise in penetration of smart home appliances like smart microwave ovens. The smart microwave oven is gaining interest among consumers as it is remotely accessed and operated with an user-friendly interface. Most manufacturers smart home appliances can communicate with Alexa, iOS, Droid, Dash, Nest and Google Home through which instructions can be given to the smart oven. In 2018, LG introduced Neo Chef microwave oven which is equipped with LG’s unique Smart Inverter technology which helps in preserving nutrients and retaining the flavor. This also exhibits an enhanced feature like Anti-Bacterial Easy Clean that helps in maintaining the oven clean. In 2019, GE announced that its microwave ovens can be operated with Google Assistant using voice commands. Manufacturers are being encouraged to produce innovative and advanced products with customer interest to accept and adopt emerging technology which is expected to drive the market growth. For More Information, Click on the Link Below:- Global Smart Microwave Oven Market Related Reports:- Global Smart Microwave Oven Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 Global Smart Microwave Oven Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Asia Pacific Smart Microwave Oven Market, Australia Smart Microwave Oven Market, Baby and Child Day Care Centers Market, China Smart Microwave Oven Market, Convection Microwave Oven Market, Covid-19 Impact Global Smart Microwave Oven Industry, Covid-19 Impact Global Smart Microwave Oven Market, Electrolux AB Smart Microwave Oven Market Revenue, Europe Smart Microwave Oven Market, Germany Smart Microwave Oven Market, Global Smart Microwave Oven Industry, Global Smart Microwave Oven Industry Research Report, Global Smart Microwave Oven Market, Global Smart Microwave Oven Market Analysis, Global Smart Microwave Oven Market Forecast, Global Smart Microwave Oven Market Future Outlook, Global Smart Microwave Oven Market Growth, Global Smart Microwave Oven Market Major Players, Global Smart Microwave Oven Market Overview, Global Smart Microwave Oven Market Research Report, Global Smart Microwave Oven Market Revenue, Global Smart Microwave Oven Market Share, Global Smart Microwave Oven Market Trends, Grill Microwave Oven Market, Hypermarket and Supermarket Market, India Smart Microwave Oven Market, Japan Smart Microwave Oven Market, LG Electronics Smart Microwave Oven Market Revenue, Microwave Light-wave Oven Market, North America Smart Microwave Oven Market, Robert Bosch Smart Microwave Oven Market Share, Smart Microwave Oven Market, Smart Microwave Oven Market Competitive Landscape, Smart Microwave Oven Market Regional Analysis, Smart Microwave Oven Market Segmentation, Smart Microwave Oven Market Supply Chain, Whirlpool Corporation Smart Microwave Oven Market Share