- In July 2024, Smeg launched a new multifunctional countertop oven aimed at redefining modern culinary experiences. This state-of-the-art appliance integrates multiple cooking functionalities—including baking, grilling, and roasting into a single compact unit, catering to the evolving needs of contemporary kitchens. True to Smeg’s signature design philosophy, the oven features an elegant and space-efficient build, making it a sophisticated yet practical addition to any home. This product introduction aligns with current trends in the global countertop oven market, where consumer demand is increasingly shifting toward multifunctional, aesthetically pleasing, and space-saving kitchen appliances
- In January 2024, Panasonic, a global leader in consumer lifestyle technologies, announced an expanded strategic partnership with Fresco, the premier smart kitchen platform serving the world’s top appliance brands. The collaboration aims to deliver an advanced, AI-powered cooking assistant integrated into Panasonic’s kitchen appliance portfolio, beginning with the Panasonic HomeCHEF 4-in-1 multi-oven. This partnership marks a significant development in the global countertop oven market, reflecting the growing trend toward smart, multifunctional appliances that cater to increasingly tech-savvy and convenience-oriented consumers
- In April 2024, LG Electronics unveiled its latest additions to the Signature Kitchen Suite, including a new built-in oven, free zone induction hob, and downdraft hood. Showcasing cutting-edge AI technologies and a refined, modern design, the expanded lineup of built-in appliances is designed to deliver exceptional convenience, performance, and aesthetic appeal to contemporary kitchens. These innovations reflect LG’s continued commitment to advancing smart kitchen solutions, with features that enable intuitive cooking, personalized settings, and seamless integration into connected home ecosystems
- In August 2023, LG Electronics announced a strategic partnership with ITC Foods, a prominent diversified conglomerate, aimed at enhancing customer convenience, health-conscious cooking, and culinary versatility. The collaboration introduces the LG Charcoal Healthy Ovens, which come equipped with Wi-Fi connectivity and can be seamlessly controlled via the LG ThinQ app. This integration allows users to effortlessly scan the barcode on ITC Master Chef frozen food packaging, automatically transmitting the cooking instructions directly to the oven with a simple touch of a button. This partnership has significant implications for the global countertop oven market, as it highlights the increasing consumer demand for smart, multifunctional kitchen appliances
- In February 2023, Samsung Electronics introduced the Series 7 Bespoke AI Oven, a state-of-the-art appliance designed to enhance the culinary experience with cutting-edge technology. Equipped with the advanced AI Pro Cooking technology, the Series 7 Bespoke AI Oven is capable of preparing meals that are precisely tailored to users’ dietary preferences and needs. The oven's sleek, minimalist design is complemented by a user-friendly auto-open door feature, offering both functional convenience and a modern aesthetic appeal. This product introduction is highly relevant to the global countertop oven market, as it aligns with the growing demand for smart, multifunctional kitchen appliances
