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Smart Kitchen Appliances Market Industry Trends, Market Current Scenario Growth Forecast 2028| Prominent Players: AB Electrolux., Samsung Electronics Co., Ltd., Whirlpool Corporation., LG Electronics, Inc. among Others

07-31-2020 09:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

Smart Kitchen Appliances Market

Smart Kitchen Appliances Market

The Global Smart Kitchen Appliances Market size was valued at USD 10.05 billion in 2019 and is projected to grow at a CAGR of 20.07% during the forecast period.
Smart kitchen appliances Market is analyzed with industry experts in mind to maximize return on investment by providing clear information needed for informed business decisions. This research will help both established and new entrants to identify and analyze market needs, market size and competition. It explains the supply and demand situation, the competitive scenario, and the challenges for market growth, market opportunities and the complication faced by prominent players.

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The report's authors have segmented the global market for smart kitchen appliances by product, connectivity, application, and region. Global market segments for smart kitchen appliances will be analyzed based on market share, production, consumption, revenue, CAGR, market size, and more factors. The analysts have profiled leading players in the global market for smart kitchen appliances, taking into account their recent developments, market share, sales, revenue, covered areas, product portfolios and other aspects.

Key Factors Impacting the Growth of Smart Kitchen Appliances Market:
• Increasing consumer disposable income
• Growing awareness about use of electric and energy saving appliances
• Technological advancements like integration of Internet of Things (IoT) and Artificial Intelligence (AI)
• Ever-changing changes in lifestyle, health, safety, and convenience and consumer trend toward technology led products
• Increasing demand forkitchen renovation or remodeling

It has a wide-ranging analysis of the impact of these advancements on the market’s future growth, wide-ranging analysis of these extensions on the market’s future growth. The research report studies the market in a detailed manner by explaining the key facets of the market that are foreseeable to have a countable stimulus on its developing extrapolations over the forecast period.

Major Companies: AB Electrolux., Samsung Electronics Co., Ltd., Whirlpool Corporation., LG Electronics, Inc., BSH Home Appliances Corporation., Panasonic Corporation., Haier Group., Miele & Cie KG., Sub-Zero, Inc., Dongbu Daewoo Electronics Corporation., Breville Group Ltd., Hestan Cue, Inc. and among others

Table of Contents:
• Global Smart kitchen appliances Market Overview
• Economic Impact on Industry
• Market Competition by Product
• Production, Revenue (Value) by Region
• Production, Revenue (Value), Price Trend by Type
• Market Analysis by Application
• Cost Analysis
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Market Effect Factors Analysis
• Global Smart kitchen appliances Market Forecast

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Market Segmentation:
By Product (Smart Refrigerators, Smart Cookware & Cooktops, Smart Dishwashers, Smart Ovens, and Other Appliances), End-use (Residential and Commercial)

Key Developments in Smart Kitchen Appliances Market:
• In 2018, Electrolux manufacturer of premium kitchen and laundry appliances for your home including refrigerators, dishwashers, ranges, cooktops, washers and dryers expanded its collaboration with Google by integrating connected kitchen products in Europe with the Google Assistant, with the aim to control products using voice commands.
• In 2018, BSH Hausgeräte GmbH European manufacturer of home appliances announced acquisition of approximately 65% of the global food platform Kitchen Stories with the aim to become an integrated hardware, software and service provider.

A detailed outline of the Global Smart kitchen appliances Market includes a comprehensive analysis of different verticals of businesses. North America, Europe, Asia Pacific, Middle East & Africa, and South America have been considered for the studies on the basis of several terminologies.
This is anticipated to drive the Global Smart kitchen appliances Market over the forecast period. This research report covers the market landscape and its progress prospects in the near future. After studying key companies, the report focuses on the new entrants contributing to the growth of the market. Most companies in the Global Smart kitchen appliances Market are currently adopting new technological trends in the market.

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Finally, the researchers throw light on different ways to discover the strengths, weaknesses, opportunities, and threats affecting the growth of the Global Smart kitchen appliances Market. The feasibility of the new report is also measured in this research report.

Market Segmentation:

By Product
• Smart Refrigerators
• Smart Cookware & Cooktops
• Smart Dishwashers
• Smart Ovens
• Other Appliances

By End-use
• Residential
• Commercial

By Region:

North America Smart Kitchen Appliances Market
o By Country (US, Canada, Mexico)
o By Product
o By End-use

Europe Smart Kitchen Appliances Market
o By Country (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
o By Product
o By End-use

Asia Pacific Smart Kitchen Appliances Market
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Product
o By End-use

Middle East & Africa Smart Kitchen Appliances Market
o By Country (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa)
o By Product
o By End-use

South America Smart Kitchen Appliances Market
o By Country (Brazil, Argentina, Colombia, Rest of South America)
o By Product
o By End-use

Reasons to Buy This Report:
• Market size estimation of the Smart kitchen appliances market on a regional and global basis
• Unique research Usage for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country

Quince Market Insights
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144

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