Press release
Smart Refrigerators Industry Data Statistics Analysis, Revolutionary Trends, Investors, Revenue And Shares By 2020-2023 | Impact Of Covid-19 Outbreak
The global smart refrigerators market is expected decline from $2.71 billion in 2019 and to $2.65 billion in 2020 at a compound annual growth rate (CAGR) of -2.4%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $3.87 billion in 2023 at CAGR of 13.5%.
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The smart refrigerators market consists of sales of smart refrigerators and related services that are used in residential and commercial sectors. A smart refrigerator is a programmed high-tech refrigerator that can identify the type of products stored therein and keep track of important information such as expiry and usage. Such refrigerators operate on a barcode or RFID network whereby the batch is collected and information are generated directly from the internet.
The rise in adoption of smart cities and smart infrastructures is a key factor driving the growth of the smart refrigerator market. The Internet of Things (IoT) market has been growing, with smart home devices and appliances, home is getting smarter with new devices that are available with internet connectivity..
Smart Refrigerator Market Segmentation: -
By Product
1.Top freezer refrigerator
2. Bottom freezer fridge
3. Side-by-side refrigerator
4. French door refrigerator
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Few Points From Table Of Content
1. Executive Summary
2. Smart Refrigerators Market Characteristics
3. Smart Refrigerators Market Size And Growth
4. Smart Refrigerators Market Segmentation
5. Smart Refrigerators Market Regional And Country Analysis
..........
25. Smart Refrigerators Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Smart Refrigerators Market
27. Smart Refrigerators Market Trends And Strategies
28. Smart Refrigerators Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the smart refrigerators market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the smart refrigerators market are Haier, Samsung Electronics, LG Electronics Inc., Panasonic Corporation, Whirlpool, Siemens AG, Midea Group, Hisense Co. Ltd., Electrolux, GE Appliances
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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