Kitchen Renovations and Demand for Smart Appliances Fuel Built-in Oven Market Growth
The rising need for efficient, compact kitchen layouts, along with a heightened emphasis on home beauty, leads to a rise in the use of built-in ovens. These ovens are functional and enhance the aesthetic of contemporary kitchens, attracting buyers who appreciate both utility and design. As people keep investing money in their homes, the need for premium built-in ovens persists, especially in developed markets with greater disposable incomes. The emergence of smart homes and the increasing dependence on Internet of Things (IoT) devices have changed the market for built-in ovens. Shoppers are looking for appliances that deliver beyond conventional cooking techniques, and smart ovens offer enhanced functionalities that meet this need.
These consist of remote control through mobile applications, voice commands via virtual assistants such as Amazon Alexa or Google Assistant, energy tracking, and even recipe recommendations using available ingredients. Almost 38% of U.S. households possessed at least one smart kitchen gadget in 2023, and this figure is anticipated to increase considerably in the years ahead.
Smart ovens, offering features such as automatic preheating, self-cleaning, and accurate temperature regulation, attract tech-oriented buyers looking for ease and efficiency in their cooking habits. Companies such as Unox, Samsung, Bosch, and LG have leveraged this trend by launching advanced smart built-in ovens that integrate effortlessly with other smart home products, providing improved user experiences. The increasing combination of Wi-Fi and Bluetooth connectivity, together with the capacity to manage the oven from a distance, corresponds with the surging need for connectivity and automation in household devices.
Energy Efficiency and Healthy Cooking Features Boost the Built-in Oven Market
The U.S. Department of Energy states that residential energy use in the United States has been a key issue, with cooking appliances making up a significant share of energy consumption. Ovens with enhanced insulation, energy-saving cooking settings, and superior heat retention are becoming popular, as they help decrease energy usage and reduce environmental impact. For instance, several newly constructed built-in ovens feature A-rated energy efficiency, guaranteeing reduced energy consumption while preserving cooking quality. Companies such as Siemens and Bosch have incorporated advanced technologies like pyrolytic self-cleaning, which minimizes the necessity for strong chemicals and excessive water consumption, as well as multi-level baking that shortens cooking durations, enhancing sustainability initiatives.
Shoppers are increasingly recognizing the long-term savings and environmental advantages of choosing these energy-efficient models, leading to sustainability being a crucial factor in their buying choices. A significant opportunity in the built-in oven market exists in incorporating features that address health-focused cooking. As awareness of health issues linked to diet grows, consumers are looking for kitchen appliances that enable healthier cooking techniques. Built-in ovens equipped with features such as steam cooking, air frying, and various cooking functions present an excellent option for these customers. For instance, steam ovens, which maintain vitamins and minerals more effectively than traditional ovens, have gained popularity amid the health-focused trend.
Air-fryers, enabling crispy cooking with minimal oil, are progressively being incorporated into built-in ovens, providing a convenient method to make low-fat alternatives of classic deep-fried dishes. Firms such as LG and Haier are addressing this demand by adding air-fry capabilities to their built-in ovens, branding them as adaptable appliances for contemporary, healthy living. As shoppers aim to improve their diets, ovens designed to meet these demands present an expanding market potential. Sustainability and health-focused cooking attributes are transforming the built-in oven industry, providing opportunities for manufacturers to innovate and attract environmentally and health-aware consumers. Incorporating these components not only satisfies present consumer needs but also paves the way for the future of kitchen devices.
Recent Trends in the Built-in Oven Industry
- Remote-controlled and monitored built-in ovens through IoT-enabled features and apps.
- Emphasis on energy-saving features such as eco-cooking modes and better insulation.
- Combining convection, steam, microwave, and grilling functionalities in one appliance.
- Modern, integrated designs that blend seamlessly into kitchen aesthetics.
- Built-in ovens with self-cleaning technology for easy maintenance and convenience.
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Air Fryers Pose a Significant Threat the Built-in Oven Market
As the popularity of air fryers grows due to their flexibility and ease of use, the demand for built-in ovens, particularly among city residents or those with small kitchens, is being affected. Additionally, air fryers tackle important issues regarding health and energy efficiency. Through air frying, users can create crispy dishes without requiring large amounts of oil, making it an appealing choice for those mindful of their health. Moreover, air fryers usually prepare meals more quickly and consume less energy in comparison to traditional ovens, which is especially clear when making smaller servings or dishes that need brief cooking durations. For instance, an air fryer can prepare a small portion of chicken wings in roughly 20 minutes, whereas a conventional oven takes about 30 to 40 minutes, which makes air fryers a more time-saving option for busy families.
Furthermore, air fryers are generally less expensive than built-in ovens, with standard model prices varying from US$ 50 to US$ 200, whereas built-in ovens can often run into several hundreds of dollars, depending on the brand and specifications. The variation in price, along with the convenience and quick cooking of air fryers, has rendered them an attractive option compared to traditional ovens, particularly for younger, budget-minded consumers. Although built-in ovens continue to be the favored choice for bigger meals, baking, and meticulous cooking, the rising trend of air fryers indicates a notable change in consumer habits. The capability to deliver quick, nutritious, and energy-efficient cooking at an affordable price makes air fryers a formidable rival, especially considering busy, fast-moving lifestyles. With a growing number of individuals choosing air fryers, built-in ovens are under greater demand to innovate and address changing consumer preferences.
Players Introducing New Products to Meet Customer Demands
Similarly, in August 2023, LG Electronics introduced a “better culinary life for all” with the brand’s new built-in kitchen package at IFA 2023. Boasting energy efficiency, user-friendly features, and elegant design, the full line-up comprised an InstaView oven, QuadWash dishwasher, downdraft induction hob, bottom-freezer refrigerator, and microwave oven. Moreover, in March 2024, the KitchenAid brand introduced a line of product offerings that combine all appliance features in one. The KitchenAid wall ovens incorporated with air fry mode have built-in air frying features that apply triple heating elements and a fan to circulate hot air around and include an air fry basket.
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Europe as a Vanguard in the Built-in Oven Market
In North America, especially in the United States, there is a strong demand for luxury built-in ovens. Buyers' tastes are moving towards modernizing kitchens, with an increasing focus on home enhancements and high-end designs. Leading American brands such as KitchenAid, GE, and Whirlpool lead the market, providing a variety of built-in ovens that include advanced features like smart connectivity and convection cooking. Moreover, the demand for convenience and energy savings is steering consumers towards more advanced models. The market gains from a robust home cooking culture and increasing disposable incomes, especially in urban regions. Furthermore, the popularity of open-concept kitchens promotes the use of built-in appliances, such as ovens.
The Asia-Pacific area, especially nations such as China, India, and Japan, is experiencing a growing acceptance of built-in ovens attributed to swift urbanization, increasing disposable incomes, and evolving lifestyles. In the cities of Tokyo and Shanghai, there is an increasing interest in contemporary, space-saving kitchen designs, leading to a rise in the demand for integrated ovens. International brands such as Samsung, LG, and Panasonic have increased their footprint in the area, addressing consumer needs for innovative, intelligent cooking solutions. In India, an expanding middle class is adopting modern cooking devices, such as built-in ovens, as city homes move away from conventional cooking techniques. Although the market continues to develop, the area demonstrates considerable growth potential owing to the increasing urban population.
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Regions | Countries |
---|---|
North America | United States, Canada |
Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Central America Countries, Caribbean Countries, Rest of Latin America |
Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Poland, Netherlands, Switzerland, Belgium, Sweden, Austria, Norway, Denmark, Czech Republic, Rest of Europe |
Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Singapore, Malaysia, Philippines, Vietnam, Thailand, Bangladesh, Rest of Asia Pacific |
Middle East and Africa | GCC Countries, South Africa, Nigeria, Egypt, Turkey, Morocco, Ethiopia, Algeria, Israel, Iran, Iraq, Kenya, Rest of MEA |
Built-in Oven Market Research Report Covers In-depth Analysis on:
- Built-in oven market detailed segments and segment-wise market breakdown
- Built-in oven market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in built-in oven industry)
- Current, historical, and forthcoming 10 years market valuation in terms of built-in oven market size (US$ Mn), volume (Units), share (%), Y-o-Y growth rate, CAGR (%) analysis
- Built-in oven market demand analysis
- Built-in oven market pricing analysis over the forecast period (by key segment and by region)
- Built-in oven market regional insights with the region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in the built-in oven market
- Regulatory landscape by key regions and key countries
- Supply chain and value chain analysis in the built-in oven market
- Built-in oven market sales and distribution strategies
- A comprehensive overview of the parent market
- A detailed viewpoint on the built-in oven market forecast by countries
- Mergers and acquisitions in the built-in oven market
- Essential information to enhance market position
- Robust research methodology