Smart Kitchen Appliances Market: An In-Depth Look at the Current State and Future Outlook
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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. 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 primary aim of the report is to
offer market overview, product scope, growth prospects, and risks. The report
also offers in depth information about each player in the global Smart Kitchen
Appliances market along with its global standing, financial status, product
launch, business expansion plans among others. The market players are focused
on developing various strategies such as partnerships, mergers and acquisitions,
joint ventures, product launches, and research and development investments.
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
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Segmental Analysis
The global Smart Kitchen Appliances
market is broadly segmented on the basis of different product types,
application range, end-use industries, key regions, and an intensely
competitive landscape. This section of the report is solely targeted at readers
looking to select the most appropriate and lucrative segments of the Smart
Kitchen Appliances sector in a strategic manner. The segmental analysis also
helps companies interested in this sector make optimal business decisions and
achieve their desired goals.
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)
- Wi-Fi
- Bluetooth
- RFID
- Others
- Sales Channel Outlook (Revenue, USD
Billion; Volume: Thousand Units; 2021–2028)
- Online
- Offline
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Regional Analysis
Covers:
North America (US, Canada)
Europe (UK, 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, UAE,
South Africa, Rest of MEA)
Table of
Contents:
Chapter 1 includes an introduction of
the global Smart Kitchen Appliances market, along with a comprehensive market
overview, market scope, product offerings, and an investigation of the market
drivers, growth opportunities, risks, restraints, and other vital factors.
Chapter 2 offers an in-depth analysis
of the key manufacturers engaged in this business vertical, along with their
sales and revenue estimations.
Chapter 3 elaborates on the highly
competitive terrain of the market, highlighting the key manufacturers and
vendors.
In Chapter 4, our team has fragmented
the market on the basis of regions, underscoring the sales, revenue, and market
share of each region over the forecast timeline.
Chapters 5 and 6 have laid emphasis on
the market segmentation based on product type and application.
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