Report ID : AMR1005045 | Industries : Consumer Goods | Published On :January 2024 | Page Count : 202
Global Smart Kitchen Appliances Market Size, Share & Trends Analysis Report, By Product (Smart Refrigerators, Smart Cookware & Cooktops, Smart Dishwashers, Smart Ovens, Others) By Application (Residential, Commercial) and By Region, And Segment Forecasts, Till – 2030.
Market Overview
According to Analytical Market Research, the global Smart Kitchen Appliances market estimated at USD 12.66 billion in 2022 and will expand at a compound annual growth rate (CAGR) of 18.04% from 2023 to 2030. Smart kitchen appliances are designed to be more user-friendly and efficient than conventional appliances. These kitchens are made to use less time and energy. Being effective and sustainable is their primary goal.
Smart Kitchen Appliances Market Dynamics: Key Drivers & Restraints
Increase in number of single person households
Numerous factors, including the rise in single-person households, disposable income, smart home construction, online sales of small appliances, and the increasing integration of Internet of Things (IoT) technology into household appliances, are driving the market's growth. The introduction of state-of-the-art home appliances and the growing uptake of IoT and artificial intelligence (AI) are propelling market expansion. For example, in October 2020, Spring USA unveiled their new LoPRO induction range line. With over/under voltage protection, this series ensures the ideal temperature for maximum performance and energy economy.
Higher cost may hamper market growth.
There are obstacles and limitations that can prevent the global smart kitchen appliances market from growing. Smart kitchen appliances are more expensive, which is probably going to limit the market. Another limitation may be a lack of standardization and interoperability across various smart kitchen platforms and gadgets. If buyers are worried about device incompatibilities across different manufacturers, they can be reluctant to purchase these goods.
How are Segments Performing in the Global Smart Kitchen Appliances Market?
Smart Kitchen Appliances Product Segment Breakdown
According to Analytical Market Research, the Smart Kitchen Appliances market by Product is segmented into Smart Refrigerators, Smart Cookware & Cooktops, Smart Dishwashers, Smart Ovens, Others.
Smart Kitchen Appliances Application Segment Breakdown
According to Analytical Market Research, based on Application, the market is bifurcated into Residential, Commercial.
Smart Kitchen Appliances Geographic Exploration
According to Analytical Market Research, the North America region is predicted to dominate the market due to popularity of smart home devices is continuously rising in the U.S. Other regions competing in the market are North America, Europe, Middle East and Africa and Latin America respectively.
Noticeable Players Functioning in The Global Smart Kitchen Appliances Market Include:
• Dongbu Daewoo Electronics
• Miele & Cie. KG
• Breville
• BSH Hausgerate GmbH
• Panasonic Corporation
• Haier Group
• Samsung Electronics Co., Ltd.
• Electrolux AB
• LG Electronics
• Whirlpool Corporation
KEY BREAKDOWN: Smart Kitchen Appliances Market
By Product
• Smart Refrigerators
• Smart Cookware & Cooktops
• Smart Dishwashers
• Smart Ovens
• Others
By Application
• Residential
• Commercial
Geographical Exploration:
• North America
o The USA
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Southeast Asia
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of Latin America
• Middle East and Africa
o GCC Countries
o South Africa
o Rest of MEA
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1. Research Methodology
1.1. Global Smart Kitchen Appliances Market Snapshot, 2023 and 2030
1.2. Data Mining
1.3. Validation
1.4. Primary Interviews
1.5. List of Data Sources
1.6. Future Market Projections
1.7. Industry Developments and Key Market Events
2. Executive Summary
3. Market Overview
3.1. Market Scope and Definition
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunity
3.2.4. Challenges
3.2.5. Cumulative Impact due to Recent Energy Crisis
3.2.6. Cumulative Impact due to Nearing Economic Downturn
3.2.7. Post Covid-19 World Supply & Demand Conditions
3.2.8. Cumulative Impact of Russia-Ukraine Conflict
3.2.9. Key Trends
3.3. Smart Kitchen Appliances Market: Value Chain
3.3.1. List of Product Supplier
3.3.2. List of Manufacturers
3.3.3. List of Applications
3.4. Porter Five Force’s Analysis
3.5. Regulatory and Technology Landscape
4. Global Smart Kitchen Appliances Market Outlook: Forecast (2023 – 2030)
4.1. Key Highlights
4.1.1. Market Size and Y-o-Y Growth
4.1.2. Absolute $ Opportunity
4.2. Market Size (US$ Mn) Analysis and Forecast
4.2.1. Current Market Size Forecast, 2023–2030
4.3. Global Smart Kitchen Appliances Market Outlook: Product
4.3.1. Introduction / Key Findings
4.3.2. Market Size (US$ Mn) and Forecast Product, 2023 – 2030
4.3.2.1. Smart Refrigerators
4.3.2.2. Smart Cookware & Cooktops
4.3.2.3. Smart Dishwashers
4.3.2.4. Smart Ovens
4.3.2.5. Others
4.4. Global Smart Kitchen Appliances Market Outlook: Application
4.4.1. Introduction / Key Findings
4.4.2. Market Size (US$ Mn) and Forecast By Application, 2023 – 2030
4.4.2.1.1. Residential
4.4.2.1.2. Commercial
5. Global Smart Kitchen Appliances Market Outlook: Region
5.1. Key Highlights
5.2. Market Size (US$ Mn) and Forecast By Region, 2023 – 2030
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Latin America
5.2.5. Middle East & Africa (MEA)
6. North America Smart Kitchen Appliances Market Outlook: Forecast (2023 – 2030)
6.1. Key Highlights
6.2. Pricing Analysis
6.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2022
6.3.1. By Country
6.3.2. By Product
6.3.3. By Application
6.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
6.4.1. U.S.
6.4.2. Canada
6.4.3. Mexico
6.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
6.5.1. Smart Refrigerators
6.5.2. Smart Cookware & Cooktops
6.5.3. Smart Dishwashers
6.5.4. Smart Ovens
6.5.5. Others
6.6. Market Size (US$ Mn) and Forecast By Application, 2023 – 2030
6.6.1. Residential
6.6.2. Commercial
7. Europe Smart Kitchen Appliances Market Outlook: Forecast (2023 – 2030)
7.1. Key Highlights
7.2. Pricing Analysis
7.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
7.3.1. By Country
7.3.2. By Product
7.3.3. By Application
7.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
7.4.1. Germany
7.4.2. France
7.4.3. U.K.
7.4.4. Russia
7.4.5. Italy
7.4.6. Spain
7.4.7. Rest of Europe
7.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
7.5.1. Smart Refrigerators
7.5.2. Smart Cookware & Cooktops
7.5.3. Smart Dishwashers
7.5.4. Smart Ovens
7.5.5. Others
7.6. Market Size (US$ Mn) and Forecast By Application, 2023 – 2030
7.6.1. Residential
7.6.2. Commercial
8. Asia Pacific Smart Kitchen Appliances Market Outlook: Forecast (2023 – 2030)
8.1. Key Highlights
8.2. Pricing Analysis
8.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
8.3.1. By Country
8.3.2. By Product
8.3.3. By Application
8.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. South Korea
8.4.5. Australia
8.4.6. New Zealand
8.4.7. Singapore
8.4.8. Malaysia
8.4.9. Rest of Asia
8.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
8.5.1. Smart Refrigerators
8.5.2. Smart Cookware & Cooktops
8.5.3. Smart Dishwashers
8.5.4. Smart Ovens
8.5.5. Others
8.6. Market Size (US$ Mn) and Forecast By Application, 2023 – 2030
8.6.1. Residential
8.6.2. Commercial
9. Latin America Smart Kitchen Appliances Market Outlook: Forecast (2023 – 2030)
9.1. Key Highlights
9.2. Pricing Analysis
9.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030
9.3.1. By Country
9.3.2. By Product
9.3.3. By Application
9.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Colombia
9.4.4. Peru
9.4.5. Chile
9.4.6. Venezuela
9.4.7. Rest of Latin America
9.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
9.5.1. Smart Refrigerators
9.5.2. Smart Cookware & Cooktops
9.5.3. Smart Dishwashers
9.5.4. Smart Ovens
9.5.5. Others
9.6. Market Size (US$ Mn) and Forecast By Application, 2023 – 2030
9.6.1. Residential
9.6.2. Commercial
10. Middle East & Africa Smart Kitchen Appliances Market Outlook: Forecast (2023 – 2030)
10.1. Key Highlights
10.2. Pricing Analysis
10.3. Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2023 – 2030
10.3.1. By Country
10.3.2. By Product
10.3.3. By Application
10.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030
10.4.1. Saudi Arabia
10.4.2. UAE
10.4.3. Egypt
10.4.4. Kuwait
10.4.5. South Africa
10.4.6. Rest of Middle East & Africa
10.5. Market Size (US$ Mn) and Forecast By Product, 2023 – 2030
10.5.1. Smart Refrigerators
10.5.2. Smart Cookware & Cooktops
10.5.3. Smart Dishwashers
10.5.4. Smart Ovens
10.5.5. Others
10.6. Market Size (US$ Mn) and Forecast By Application, 2023 – 2030
10.6.1. Residential
10.6.2. Commercial
11. Competition Analysis
11.1. Market Share Analysis Of Top Vendors
11.2. Market Structure
11.2.1. Competition Intensity Mapping By Market
11.2.2. Competition Dashboard
11.2.3. Key Development Strategies
11.3. Company Profiles
11.3.1. Dongbu Daewoo Electronics
11.3.1.1. Overview
11.3.1.2. Offerings
11.3.1.3. Business Segment & Geographic Overview
11.3.1.4. Key Financials
11.3.1.5. Key Market Developments
11.3.1.6. Key Market Strategy
11.3.2. Miele & Cie. KG
11.3.3. Breville
11.3.4. BSH Hausgerate GmbH
11.3.5. Panasonic Corporation
11.3.6. Haier Group
11.3.7. Samsung Electronics Co., Ltd.
11.3.8. Electrolux AB
11.3.9. LG Electronics
11.3.10. Whirlpool Corporation
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