The smart kitchen appliances market reached a market size of USD 110.56 Billion in 2020 and is expected to register a double-digit CAGR over the forecast period, according to recent analysis by Emergen Research. Smart kitchen appliances market revenue growth is driven significantly by rapid advancements in the fields of AI and IoT. Major advancements in AI technologies and machine learning have resulted in development and launch of a range of smart products that enable consumers to save time and effort in food preparation, tracking contents and products in the kitchen, refrigerators, and others. In addition, smart kitchen appliances come with features such as intelligent sensors, touch screen, intuitive control, and integrated extractor and other time-saving features that serve to encourage a positive purchase decision among consumers.
The report, Global Smart Kitchen Appliances Market Research Report and Forecast, provides a detailed analysis of the global Smart Kitchen Appliances market, including market size, market share, current and future trends, and the most recent technological breakthroughs. The research provides information on the regional and global competitive landscape of the Smart Kitchen Appliances market, along with a complete prognosis. The impact of the COVID-19 epidemic on the market for Smart Kitchen Appliances has been updated in the most recent research. It examines the impact of the epidemic on each region’s political and economic systems. It presents a present and projected view of the pandemic’s effects on supply chain disruptions and economic volatility.
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The leading market contenders listed in the report are:
Whirlpool Corporation, LG Electronics, Samsung Electronic Co. LTD., Panasonic Corporation, AB Electrolux, BSH Hausgerate GmbH, Haier Group, Robert Bosch Gmbh, Koninklijke Philips N.V., and Miele & Cie
The research study examines historic data from 2018 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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The report bifurcates the Smart Kitchen Appliances market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Product Outlook (Revenue, USD Billion; Volume: Thousand Units; 2021–2028)
- Smart refrigerators
- Smart Cookware and cooktops
- Smart Dishwashers
- Smart Thermostats
- Smart Coffeemakers
- Other appliances
- Technology Outlook (Revenue, USD Billion; Volume: Thousand Units; 2021–2028)
- Sales Channel Outlook (Revenue, USD Billion; Volume: Thousand Units; 2021–2028)
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key reasons to buy the Global Smart Kitchen Appliances Market report:
- The latest report comprehensively studies the global Smart Kitchen Appliances market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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