The Global Wall Oven Market size is projected to grow at a CAGR of 5.7% from 2021 to 2028. The segmentation of the wall oven market includes single, double, combined, and others. On the basis of application, it can be classified into household and commercial.
A wall oven is a major kitchen appliance. It sits in an external space on the outside of the house and its main function is to bake, roast, or otherwise cook food by applying heat from one side via convection currents created by fan action inside the oven cavity. A shop built into the back of it provides storage for baking pans and other cooking utensils like spatulas. It also doubles as a warming drawer, where food can be kept at an elevated temperature in some models without having to use the main oven cavity. A traditional wall oven in most cases includes either two or three heating elements on each side with convection currents coming from both sides of this appliance so that they cook through evenly while rotating around them. The rear-facing panel has a large viewing window that allows you to see what is happening inside the oven without having to open its door, so as not to lose cooking heat, a major consideration in an appliance of this type. Wall ovens are designed to use convection currents. These are created by fan action inside the cavity that lifts food and distributes it evenly around the room. The rotating baking tray is then turned so all parts of each item get a chance to bake on both sides in front of the heating elements, with some exceptions being items such as bread which require top-down heat only.
On the basis of Type, the global wall oven market is segmented into Single Wall Oven, Double Wall Oven, Combined Wall Oven.
The Single Wall Oven is a type of oven that can only be used for one task, such as toasting or baking. It cannot offer the versatility of other types of wall ovens and may have limited features in comparison. Single-wall ovens are typically designed with one heating element at the back and no fan; they do not use convection currents like their double-wall counterparts but instead rely on gravity for heat distribution. single-wall ovens also require more time than others (up to four minutes) because it has less insulation around its glass front door, which limits how much heat stays inside during cooking times.
A Double Wall Oven is a type of oven that features two sections (outer and inner) to accommodate the various cooking functions. The outer section, which has an inbuilt fan, circulates air evenly across the inside of the oven providing faster heat distribution for baking or roasting. In addition, this helps reduce cold spots and allows you to cook more than one dish at a time with ease. The inner section is a perfect space for cooking delicate dishes such as pasta, pastry, and desserts. The oven has also been designed with an integrated double grill that can cook two items simultaneously.
A combined oven is a type of wall oven that combines the functions of both microwaves and gas or electric range cooktops. The cooking space can be used to prepare food in either microwave or conventional settings, depending on what one is feeling like at the time. Combined wall ovens have been gaining popularity with consumers due to their convenience as well as more economical price point than separate appliances for each function. In addition, they often use less countertop space which is appealing to people who live in smaller spaces such as an apartment kitchenette.
On the basis of Application, the global wall oven market is segmented into Household, Commercial, and Others.
The household appliance is the most popular application, which can be found in almost every home. In addition to its popularity for cooking and baking, wall ovens are also used as a heating source nowadays. They provide energy efficiency by utilizing less power than an open-hearth fireplace or traditional electric range. Wall ovens are primarily used for cooking in commercial establishments such as restaurants and cafes. They also find use in bakeries, pizzerias, and other food outlets that need to get a lot of people fed quickly.
On the basis of Region, the global wall oven market is segmented into North America (the US and Canada), Latin America (Mexico) Europe (UK France Germany Italy Russia Spain Ukraine Switzerland Sweden Middle East & Africa). The U.S., Canada, and Mexico are some of the major nations in North America which accounted for a substantial share in the regional output throughout 2017 owing to its high preference among consumers who want convenience as well as easy maintenance features available on offer from these appliances that are not found easily elsewhere. However, emerging countries such as India have also shown remarkable growth rates with respect to demand across this category over the past few years due to evolving infrastructure needs coupled with rising disposable incomes witnessed here. The shares of Europe, Asia Pacific, and Latin America in the global share were significantly higher than that of the Middle East & Africa. The region accounted for less than a tenth share in this category by value as well owing to the presence of established players who are gradually gaining a foothold over newer entrants, thereby leading to overall stagnating demand levels.
The global wall oven market has been witnessing strong and steady growth in the recent past. The major factors for this growth are the increasing popularity of convenience foods; increasing urbanization leading to increased demand for food from outside, which is one-time consumption products like microwaveable meals; growing awareness about healthy eating habits among consumers globally. Apart from these factors, rising disposable income coupled with changing lifestyles has also led to an increase in the number of households owning a single or double cooking unit at home. Consumers are increasingly moving towards energy-efficient appliances owing to their beneficial impact on their utility bills as well as environmental protection through reduced emission levels. The need for compact kitchen spaces will further fuel the demand over time due to the lack of space availability inside today's homes.
Up Market Research published a new report titled “Wall Oven Market research report which is segmented by Types (Single Wall Oven, Double Wall Oven, Combined Wall Oven, Others), By Applications (Household, Commercial, Others), By Players/Companies Bosch, Electrolux, GE Appliances, LG, Whirlpool, Blue Star, Dacor, Kenmore, Thermador, Miele, IFB, Glen”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Wall Oven Market Research Report |
By Type | Single Wall Oven, Double Wall Oven, Combined Wall Oven, Others |
By Application | Household, Commercial, Others |
By Companies | Bosch, Electrolux, GE Appliances, LG, Whirlpool, Blue Star, Dacor, Kenmore, Thermador, Miele, IFB, Glen |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 208 |
Number of Tables & Figures | 146 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Single Wall Oven, Double Wall Oven, Combined Wall Oven, Others and By Application Household, Commercial, Others.
Some of the companies that are profiled in this report are:
Wall Oven Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Wall 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 2028.
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