North America Smart Kitchen Appliance Market 2022 Recent Scope, Growing Popularity and Emerging Trends in the Market

The North America smart kitchen appliance market is expected to reach US$ 16,175.9 million by 2028 from US$ 5,475.4 million in 2021; it is estimated to grow at a CAGR of 16.7% from 2021 to 2028. A few of the major factors contributing to the market growth include cost-effectiveness and communication ability of smart kitchen appliances, and availability of superior internet connectivity across North America. However, vulnerability to cyber-crimes and higher upfront costs restrict the market growth.

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key companies profiled in this research study are: 
Electrolux AB
BSH Hausgeräte GmbH
GE Appliances
LG Electronics
Koninklijke Philips N.V.
Panasonic Corporation
Samsung Electronics Co., Ltd.
Whirlpool Corporation
Breville Group Limited
Vita-Mix Corporation

The smart kitchen appliances products encompasses set of consumer kitchen appliances and electronics exclusively designed for commercial and/or residential cooking requirements. The key differentiating factor between the conventional and smart kitchen appliances is that the later utilizes the application of any technology driven solutions or features that facilitates in enhanced consumer experience for its customers compared to the conventional kitchen appliances.

The construction sector in North America is witnessing substantial demand for connected homes equipped with technologically advanced appliances and devices. Developed countries such as the US have made interesting strides in smart home developments. The US market has witnessed substantial growth in the number of smart homes, and the country is expected to experience similar trends in the coming years. The rapid shift in the mindsets of the US population is heavily impacting the growth of smart home appliances such as smart speakers, smart thermostats, smart lighting, and smart security devices. According to Alarm.org, 57% of Americans admitted that by using smart products, they could save ~30 minutes of their time in a day; ~47% of millennials are already using smart home products. The penetration of these smart devices is opening up the growth avenues for smart kitchen appliances as these appliances are among the necessary household items. Owing to the change in the mindset of the global population, majorly among the people in developed countries and a few developing countries, the smart kitchen appliances market is expected to have a positive outlook in the future.

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North America Smart Kitchen Appliance Market Segmentation:

By Product:
Smart Ovens
Smart Refrigerators
Smart Sous Vide
Smart Juicers & Blenders
Smart Cookers & Cooking Robots
Smart Cooktops
Smart Integrated Ovens & Cooktops
Others

By Connectivity:
Wi-Fi
Bluetooth

By End User:
Residential
Commercial

By Country:
U.S
Canada
Mexico

The final report will add the analysis of the Impact of Covid-19 in this report North America Luxury Pens Market.

Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global North America Luxury Pens Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the North America Luxury Pens Market is analyzed and depicted in the report.

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Reasons for buy this Report
• Highlights key business priorities to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the North America Luxury Pens market, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest to components, type, and end-users.

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