The smart kitchen appliances market is anticipated to be worth US$ 703 in 2017 and US$ 2 Bn by 2026, growing at a 13.7% CAGR. Smart kitchen appliances are more efficient, comfortable, convenient, and safe than traditional kitchen appliances. Smart kitchen appliances can be connected to smartphones or tablets to enable remote access with the use of a variety of hardware and component sensing methods and powerful networking capabilities. Safety, better productivity, increased comfort, lower waste, increased energy savings, and efficient power use are a few benefits of smart kitchen appliances. It is projected that the rise in per capita spending brought on by rising disposable income and the population's becoming tech-savvy will fuel the global market for smart kitchen appliances. For a period of nine years, beginning in 2017, and concluding in 2026, the research report includes historical data and statistics as well as future value estimates of key segments of the global smart kitchen appliances market.

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Global Market for Smart Kitchen Appliances: Dynamics Influencing Growth

The adoption of smart kitchen appliances has increased for a number of reasons. The kitchen should always be maintained up to date because it is one of the most crucial rooms in any home. This section makes use of smart technologies to improve and change the way that the kitchen is currently set up. Manufacturers must provide a system that enables remote control and home monitoring due to the growing proportion of the population that is employed. This idea led to the development of smart, remote-accessible kitchen appliances. The demand for smart kitchen appliances has also increased in the approaching years due to a number of advantages. The global market for smart kitchen appliances is expanding as a result of favourable government initiatives, rising disposable income, increased Internet of Things (IoT) use, and technological breakthroughs in the production of new smart kitchen goods. A worrying element that has hampered the market's expansion is increased prices.

Global Market for Smart Kitchen Appliances: Competition Tracking

The research report has profiled key companies such as Dacor, SectorQube, Onida, General Electric Co., Koninklijke Philips N.V., Samsung Electronics Co. Ltd., Haier Group, Panasonic Corporation, AB Electrolux, LG Electronics and Whirlpool Corporation.

Detailed market segmentation

Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

Components 

  • Hardware
  • Software
  • Services

Appliances

  • Smart Refrigerator
  • Smart Coffee Maker
  • Smart Dishwasher
  • Smart Cookware & Cooktop
  • Smart Oven
  • Other Appliances

Connectivity Technology

  • Bluetooth
  • Wi-Fi Market
  • NFC
  • Others