Multi Ovens Market Research Report - Global Forecast till 2027

Global Multi Ovens Market Research Report: by Product (Steam Generated and Boilerless), End-user (Hotels & Restaurants, Bakery Stores, Retail Outlets, Domestic & Institutional, and Commercial Kitchens) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) – Forecast till 2027

ID: MRFR/AM/8600-HCR | February 2021 | Region: Global | 120 pages

Please note that the assessment period of the report has been updated from 2020-2025 to 2020-2027. Cordially fill Sample form for the updated data.

Market Scenario


Multi ovens are built with multiple heating elements behind the oven walls including atop one, a bottom one, and one coiled around an electric fan, plus a grill element within the cavity that is used in combination or separately to give optimum performance according to what you are cooking. The restaurant industry has flourished in the past few years against the backdrop of increasing the ‘Dine Out’ trend. A new trend called ‘Eating In’ is transforming the landscape of the restaurant industry. The trend has invited a prominent shift in consumer preference towards eating at home against dining out. As a result, more restaurant & hotel outlets are being opened, thereby, boosting the demand for multi ovens in recent years.


Global Multi Ovens Market size is projected to reach approximately USD 30 Billion by 2025, registering a 4.5% CAGR between 2020 and 2025.


Microwave ovens, today, form an integral part of kitchen appliances. Microwave oven functions on thermal energy by heating the polar molecules in food, a process also known as dialectic heating. The microwave radiations emitted from microwave ovens are of shorter wavelength but possess an enormous amount of energy which facilitates faster cooking. Microwave ovens, depending on their power output, can alternatively be used for roasting, baking, and grilling. Microwave ovens are manufactured with varied features, some of which include, touch display panels, a heating chamber, vents, and a glass turntable.


Key industry participants in the multi ovens industry include GE, Whirlpool Corporation, Frigidaire, Kenmore, KitchenAid, Bosch, Siemens, SAMSUNG, Media, Haier, and Panasonic.


The global multi ovens market has been segmented based on product, end-user, and power source. Based on product, the global market is divided into steam generated and boilerless. The steam generated product segment is anticipated to hold a significant share of the market during the forecast period. However, the boilerless segment is projected to grow at a significant rate in the global multi ovens market.


Based on end-user, the global multi ovens market is segmented into hotels & restaurants, bakery stores, retail outlets, domestic & institutional, and commercial kitchens. The hotels & restaurants end-user segment is estimated to grow at a significant rate during the forecast period due to increasing expenditure on food outside home and rising consumer preference for a variety of cuisine food products.


Based on power source, the global multi ovens market has been divided into gas and electric. The electric power source segment is anticipated to hold a significant share within the global multi ovens market.


Global Multi Ovens Market is projected to grow at 4.5% CAGR during the forecast period.


Market Segmentation
Multi Ovens Market


The global multi ovens market is expected to witness high growth during the forecast period owing to the increasing demand at hotels and restaurants. This is likely to drive the demand for multi ovens during the forecast period.


Based on region, the multi ovens market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia-Pacific holds a significant multi ovens market share owing to the low cost of production and availability of cheap labor in countries such as China and India.


Key Players


Key industry participants in the multi ovens industry include GE, Whirlpool Corporation, Frigidaire, Kenmore, KitchenAid, Bosch, Siemens, SAMSUNG, Media, Haier, and Panasonic.


Intended Audience



  • Government and Research Organization

  • Consulting Companies in the Multi Ovens Market

  • Raw Material Suppliers

  • Research Consultants

  • Investors and Shareholders



Report Scope:
Report Attribute/Metric Details
  Market Size   2025 : USD 30 Billion
  CAGR   4.5% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product, End-user
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   GE, Whirlpool Corporation, Frigidaire, Kenmore, KitchenAid, Bosch, Siemens, SAMSUNG, Media, Haier and Panasonic
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers   Increasing demand at hotels and restaurants


Frequently Asked Questions (FAQ) :


The global multi ovens market is predicted to grow at a 4.5% CAGR between 2020- 2025.

The global multi ovens market is predicted to reach USD 30 billion by 2025.

Asia Pacific will lead the global multi ovens market.

Burgeoning demand in restaurants and hotels is driving the global multi ovens market growth.

Key contenders profiled in the global multi ovens market include GE, Whirlpool Corporation, Frigidaire, Kenmore, KitchenAid, Bosch, Siemens, SAMSUNG, Media, Haier, and Panasonic.