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Oven Market Share
Bosch stands as one the trailblazing leaders offering pioneering solutions across multiple sectors, including automotive technology, industrial machinery, consumer goods, and energy systems. With a comprehensive portfolio ranging from automotive components to household appliances, Bosch is renowned for its relentless pursuit of innovation, sustainability, and customer-centricity. Leveraging decades of expertise and a steadfast commitment to excellence, Bosch continually sets new benchmarks in technological innovation, delivering state-of-the-art products and services. Embracing a legacy of innovation and forward-thinking, Bosch is dedicated to driving efficiency, championing environmental responsibility, and shaping a brighter, more sustainable future for individuals and communities globally.
Oven Market Companies
The key industry players include:
- Bosch
- Breville Group Ltd
- BTU International
- Davron Technologies Inc.
- Eastman Manufacturing
- Electrolux
- JPW Industrial Ovens & Furnaces
- LEWCO, Inc.
- LG Electronics
- Midea Group
- Panasonic
- Rehm Thermal Systems
- Samsung
- Sharp Corporation
- Surface Combustion
- Tamura Corporation
- The Grieve Corporation
- Thermcraft
- Whirlpool Corporation
- Wisconsin Oven
What is the size of the Asia Pacific oven market?
Asia Pacific oven industry and is expected to cross USD 30 billion by 2032 due to stringent health and safety regulations and food sanitation standards, requiring kitchens to invest in ovens that meet regulatory requirements in the region.
Why is the demand for electric oven growing?
Oven industry from the electric oven segment and is expected to surpass USD 50 billion by 2032 due to the changing consumer preference toward processed food along with the rise in urbanization.
How big is the oven industry?
Oven market size was USD 49.2 billion in 2023 and is expected to register 6.5% CAGR from 2024-2032 owing to the rise of urbanization and apartment living particularly in densely populated areas worldwide.
Who are the key leaders in the oven industry?
Electrolux, LEWCO, Inc., LG Electronics, Midea Group, Panasonic, Rehm Thermal Systems, Samsung, Sharp Corporation, Surface Combustion, Tamura Corporation, The Grieve Corporation, Thermcraft, Whirlpool Corporation, and Wisconsin Oven, are some of the major oven companies worldwide.