North America & Europe Smart Kitchen Appliances Market 2018 | Industry Share, Industry Growth, Size, Demand, Key Player, Development Analysis and Forecast 2023

Global North America & Europe Smart Kitchen Appliances Market Report 2018 is a professional and in-depth study on the current state of the North America & Europe Smart Kitchen Appliances industry. The report provides a basic overview of the market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; The North America & Europe Smart Kitchen Appliances industry analysis is provided for the international markets including product types and end industries in global and major regions.

Development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures by regions (United States, EU, China, Japan, Southeast Asia, India) and other regions can be added

North America and Europe Smart Kitchen Appliances Market is projected to grow at a CAGR of 18.08% and 18.82% respectively during the forecast period 2017-2023

Smart Kitchen Appliances Market Competitive analysis-
• Breville Group Ltd.
• AB Electrolux
• Hamilton Beach Brands, Inc.
• Robert Bosch GmbH
• Whirlpool Corp.
• Samsung Electronics Co., Ltd.
• Tovala
• Vorwerk Elektrowerke GmbH & Co. KG
• Hestan Cue, Inc.
• Lakeland Limited
• Etekcity Corporation

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Market Introduction
Smart kitchen appliances are regular kitchen appliances integrated with advanced technology. The appliances are capable of connecting to various available technologies such as wireless network, Wi-Fi system, Bluetooth, and others and run on the inbuilt intelligence system. With developing economic conditions, consumers are found to adapt to various unique technologies to make their cooking more convenient and time-saving. Manufacturers have developed various appliances including smart fridge, ovens, smart weighing scales, intelligent pans and others which have not only made the cooking experience better but have also resulted in power saving across the globe.

Smart Kitchen Appliances Industry Segmentation-
North America and Europe smart kitchen appliances market is segmented by product-types, applications, technology types, distribution channels and regions.

Smart Kitchen Appliances Market Forecast
North America and Europe market for smart kitchen appliances have witnessed continued demand during the last few years and is projected to reach USD 5906.78 Million in North America and USD 5595.05 Million in Europe by 2023. Developing economy and consumers’ adoption of modern lifestyle and technology trends are likely to increase smart kitchen appliances’ market share in these two major regions. Increasing disposable income and consumers’ inclination to cope up with the social dynamics also have a positive impact on its market growth.

Based on the product-type, intelligent pans will witness the highest growth rate (~19.64%) in Europe and (~18.87%) in North America. By 2023, intelligent pans and instant pots will witness high growth rate among the various smart kitchen appliances type due to its diverse cooking based applications and the high demand for the household cooking purpose. Combination ovens will contribute to the largest market share in smart kitchen appliances. Instant pot will grow at a growth rate of 18.75% in North America and 19.30% in Europe and is anticipated to hold a significant share in the North America and Europe smart kitchen appliances market.


Regional Analysis
Among the regions, North America will continue to dominate the smart kitchen appliances market with more than 50% market share and it is projected to reach more than USD 5,906 Million with CAGR of 18.08% by 2023. Europe will witness the highest growth rate (~18.82%) during the forecast period 2017-2023. Growing popularity of smart kitchen appliances owing to their power saving capacity and eco-friendly technology is supporting their market growth in North America and Europe. Developing economy and increasing disposable income are playing a key role in the smart kitchen appliances market growth from the last few years.

By Downstream analysis-
By 2023, smart combination ovens will reach a market value of more than USD 1,000 Million in both the regions. Dual application and convenience usage of combination ovens are having a positive impact on its market. Based on the application, the residential application is anticipated to hold the lion’s share of North America and Europe smart kitchen appliances market owing to the high demand for smart household appliances.

List Of Tables

TABLE 1 PESTLE ANALYSIS

TABLE 2 PESTLE ANALYSIS-

TABLE 3 PESTLE ANALYSIS-

TABLE 4 PESTLE ANALYSIS-

TABLE 5 NORTH AMERICA SMART KITCHEN APPLIANCES MARKET, VALUE (2010-2016)

Continued. . . .

List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 PRIMARY RESEARCH PROCESS
FIGURE 3 SECONDARY RESEARCH PROCESS: TOP DOWN & BOTTOM UP APPROACH
FIGURE 4 FORECAST MODEL 22
FIGURE 5 MARKET SEGMENTATION: GLOBAL SMART KITCHEN APPLIANCES MARKET

Continued. . . .

Full report on North America & Europe Smart Kitchen Appliances Market report spread across 141 pages, profiling 18 companies and supported with tables and figures available :-https://www.marketresearchfuture.com/reports/smart-kitchen-appliances-market-3939

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