DUBLIN, January 8, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/53tc7b/global_smart) has announced the addition of the "Global Smart Microwave Oven Market 2015-2019" report to their offering.
Following the growing trend towards smart homes and connected devices, the adoption of smart homes appliances has increased exponentially, which simultaneously fueled the growth of the global smart microwave oven market, posting a massive CAGR of nearly 28% during the forecast period.
With the improving economic conditions in Europe, vendors in the market are increasingly investing in R&D. The market is witnessing the introduction of many innovative applications and solutions, for instance, advances in video asset management solutions. In addition, the main aim of vendors is to reduce the cost of expansion, storage, and maintenance of security solutions.
According to the report, with the increase in the purchasing power of people, there has been an increase in the discretionary spending of consumers. This trend has led to an increase in expenditure on household appliances and will affect the market for microwave ovens as well. As people opt for energy-efficient appliances with user-friendly interfaces for easy and less time-consuming cooking, the market for smart appliances will gain traction.
Further, the report states that the lack of awareness about the cost and energy savings enabled by the smart microwave ovens as well as about the convenience offered in cooking is affecting the growth of the market.
Key questions answered in the report include:
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the global smart microwave oven market?
- What are the key market trends impacting the growth of the global smart microwave oven market?
- What are the challenges to market growth?
- Who are the key vendors in the global smart microwave oven market?
- What are the market opportunities and threats faced by the vendors in the global smart microwave oven market?
- What are the trending factors influencing the market shares of North America, Europe, APAC, and ROW?
- What are the key outcomes of the five forces analysis of the global smart microwave oven market?
Top vendors in this market are:
Other prominent vendors are:
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Geographical segmentation
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Other prominent vendors
PART 14: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/53tc7b/global_smart
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