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COVID-19 Impact on Global Smart Kitchen Appliances Market Growth By Manufacturers, Countries, Types And Application, End Users And Forecast To 2027

02-16-2021 02:13 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QualiKet Research

Smart kitchen appliances are energy efficient, comfortable to use, and time saving as compared to traditional kitchen appliances. They offer several benefits such as waste efficient, and efficient cooking, and remote access to users through tablets, smartphones, and other devices. These appliances refer to advanced and luxurious kitchen appliances designed for better efficiency and capability.

The increase in consumer disposable income and an increase in technological trends such as artificial intelligence and internet of things (IoT) enabled devices are expected to boost the global smart kitchen appliances market growth. Further, rise in adoption of smart kitchen appliances in residential and commercial sectors across the globe is also one of the prominent factors driving the smart kitchen appliances market growth. The market is expected to grow at a significant rate owing to features such as intelligent sensors, connected security, convenience, and time saving. Shifting consumer preferences toward technology led products is propelling the demand for energy saving appliances in the kitchen environment. Moreover, the increase in growth of smart homes in the United States is considerably higher as compared to rest of the world due to greater penetration of technologically equipped advanced products.

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The high initial and maintenance costs of devices are expected to hinder the global smart kitchen appliances market growth. Also, lack of awareness about smart kitchen appliances and their benefits over traditional devices are expected is to limit the market growth over the forecast period.

Market Segmentation

The Global Smart Kitchen Appliances Market is segmented into product type including Smart Refrigerator, Smart Dishwasher, Smart Cookware & Cooktop, Smart Coffee Maker, Smart Oven, and Others. Further, Global Smart Kitchen Appliances Market is segmented into application such as Residential, and Commercial.

Also, Global Smart Kitchen Appliances Market is is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Samsung Electronics Co. Ltd, AB Electrolux, Whirlpool Corporation, LG Electronics Inc., BSH Home Appliances Corporation, Haier Group, Panasonic Corporation, Breville Group Limited, Miele, and Philips

Market Taxonomy

By Product Type

• Smart Refrigerator
• Smart Coffee Maker
• Smart Dishwasher
• Smart Cookware & Cooktop
• Smart Oven
• Others

By Application

• Residential
• Commercial


By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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Vishal Thakur
Research Support Specialist
QualiKet Research
6060 N Central Expy #500, TX 75204, U.S.A
Email: sales@qualiketresearch.com
Website: https://qualiketresearch.com

QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.

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