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Smart Refrigerators Global Market Analysis And Forecast 2031 | Trends, Demand, Growth, Research | Haier, Samsung Electronics, LG Electronics Inc., Whirlpool, Siemens AG
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The global smart refrigerators market report by the business research company identifies the rise in the adoption of smart cities and smart infrastructures is a key factor driving the growth of the smart refrigerators market. The Internet of Things (IoT) market has been growing, with smart home devices and appliances, the home is getting smarter with new devices that are available with internet connectivity. Smart home devices such as Google Nest, Ring, and smart fridges have held users aware of the Internet of Things (IoT) trend, which relates to the connectivity of everyday items over the Internet. according to IoT analytics the global number of connected IoT devices to grow by 9% to 12.3 billion active endpoints and grew to 27 billion connections by 2025. Therefore, companies are investing more in IoT due to growing interest in the smart home and this factor is driving the market for smart refrigerators
The global smart refrigerators market grew from $4.89 billion in 2021 to $5.23 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The smart refrigerators market is expected to grow to $6.84 billion in 2026 at a CAGR of 6.9%.
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Asia Pacific was the largest region in the smart refrigerators market in 2021. Western Europe was the second-largest region in the smart refrigerators market. The regions covered in the smart refrigerators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the smart refrigerators market are Haier, Samsung Electronics, LG Electronics Inc., Panasonic Corporation, Whirlpool, Siemens AG, Midea Group, Hisense Co. Ltd, Electrolux, and GE Appliances.
The global smart refrigerators market is segmented -
1) By Product: Top Freezer Refrigerator, Bottom Freezer Fridge, Side-Sy-Side Refrigerator, French Door Refrigerator
2) By Technology: Wi-Fi, Radio Frequency Identification (RFID), Cellular Technology, Bluetooth, ZigBee, Touchscreen
3) By Door Type: Single, Double, Side by Side, French
4) By End Use: Residential, Commercial
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The Smart Refrigerators Market Report Contents Include
1. Executive Summary
2. Smart Refrigerators Market Characteristics
3. Smart Refrigerators Market Trends And Strategies
4. Smart Refrigerators Market - Macro Economic Scenario
5. Smart Refrigerators Market Size And Growth
....
26. Africa Smart Refrigerators Market
27. Smart Refrigerators Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Refrigerators Market
29. Smart Refrigerators Market Future Outlook and Potential Analysis
30. Appendix
This 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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