Press release
Smart Kitchen Appliances Market Revenue To Witness Rapid Growth In Near Future : Fact.MR
The rise in per capita income and the rise of middle-class households worldwide, especially in China and India, can be ascribed to the increase in energy consumption. People are being forced to save energy by the rising expense of fossil fuels in order to balance their budgets. More and more customers across the world are becoming interested in energy-efficient smart kitchen equipment that may lower energy usage and save on power costs.Governments are also supporting the adoption of energy-efficient smart kitchen equipment as awareness of climate change and energy conservation grows. The need for energy-efficient smart kitchen appliances is expected to increase over the next ten years, driven by increasing disposable income, favorable regional regulations, and rising demand. According to a recent Fact.MR analysis, the market for smart kitchen appliances is expected to grow rapidly over the next 10 years at a CAGR of almost 25%. (2021 to 2031).
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ -https://www.factmr.com/connectus/sample?flag=S&rep_id=5797
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ
โข ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐
Smart Refrigerators
Smart Dishwashers
Smart Ovens
Smart Cookware and Cooktops
Smart Scales and Thermometers
โข ๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป
Residential Smart Kitchen Appliances
Commercial Smart Kitchen Appliances
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ -https://www.factmr.com/connectus/sample?flag=RC&rep_id=5797
๐๐ฒ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐ ๐ผ๐ณ ๐ฆ๐บ๐ฎ๐ฟ๐ ๐๐ถ๐๐ฐ๐ต๐ฒ๐ป ๐๐ฝ๐ฝ๐น๐ถ๐ฎ๐ป๐ฐ๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
โข Market Insights of Smart refrigerators are anticipated to be witness high sales over the coming years.
โข Among the applications, the residential sector has been the fastest-growing segment, owing to rise of high disposable and middle-income families over the past half-decade.
โข The North American region is set to dominate sales revenue in 2021 and beyond.
โข Sales of Smart kitchen appliance in Asia Pacific are expected to rise significantly through 2031.
โข Due to the COVID-19 crisis, demand for smart kitchen appliances was hit in 2020, which saw a decline. But with voice-assisted smart kitchen appliances coming into the market, demand is expected to pick up again.
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
โข For instance, Electrolux and Google are working together to extend their line of kitchen items by including Google Assistant, which enables voice commands to be used to operate kitchen equipment.
โข Additionally, to become a provider of integrated software, hardware, and services, BSH Hausgerรคte GmbH purchased roughly 65% of the international culinary portal Kitchen Stories in 2018.
โข Samsung introduced its Smart Induction built-in cooktop with Wi-Fi in August 2021, which helps to cook food more quickly while using less energy and emitting fewer pollutants.
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ
โข Samsung Electronics Co. Ltd.
โข Haier Group
โข LG Electronics Inc.
โข AB Electrolux
โข BSH Home Appliances Corporation (Robert Bosch GmbH)
โข Panasonic Corporation
โข Whirlpool Corporation
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐ฏ๐๐ ๐ป๐ผ๐ -https://www.factmr.com/checkout/5797
๐ช๐ถ๐ป๐ป๐ถ๐ป๐ด ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐
Key market players have been spending on research & development to come up with newer technologies with improved IoT technologies and higher operational flexibility. These enhancements will drive demand and sales of smart kitchen appliance in the medium- to long-term forecast period.
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email : sales@factmr.com
Website : https://www.factmr.com
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Kitchen Appliances Market Revenue To Witness Rapid Growth In Near Future : Fact.MR here
News-ID: 2900781 • Views: โฆ
More Releases from Fact Mr

Global Feed Grain Market Gains Traction With $69.9 Billion Valuation Forecast by โฆ
The global feed grain market is a crucial pillar of the agricultural and animal husbandry sectors. Feed grains, such as corn, wheat, barley, oats, sorghum, and rye, form the foundation of livestock diets, fueling growth and productivity across poultry, cattle, swine, and aquaculture industries. With the growing global demand for meat, dairy, and animal-derived products, feed grains play an essential role in sustaining the supply chain. As the population increasesโฆ

Edible Food Perfumes Market Set to Flourish Amid Rising Culinary Innovations Glo โฆ
The global edible food perfumes market is undergoing a transformative shift, as the intersection of sensory indulgence and culinary innovation fuels demand for novel food experiences. Edible food perfumes-aromatic sprays or essences applied directly to food or used during preparation-are quickly emerging as a premium trend in the global food and beverage industry. Designed to enhance flavor perception through olfactory stimulation, these fragrances offer consumers a multisensory experience that elevatesโฆ

Global Alginate Market Gains Traction Amid Rising Demand Across Key Applications
The global alginate market is steadily gaining momentum, driven by the diverse applications of this natural polysaccharide in industries ranging from food and beverage to pharmaceuticals and textiles. Derived from brown seaweed, alginate has found increasing relevance due to its unique thickening, gelling, and stabilizing properties. As consumer preference shifts towards clean-label, plant-based, and environmentally sustainable ingredients, the demand for alginate is rising across the globe. The market is poisedโฆ

Global Food-Grade Molds Market Poised for Expansion With 3.2% CAGR Over the Next โฆ
The food industry is undergoing a remarkable transformation, driven by innovations in manufacturing technologies and increasing demand for quality, safety, and consistency. Among the many unsung heroes facilitating this evolution are food grade molds-essential tools that play a pivotal role in shaping, forming, and maintaining hygiene standards during food production. The global food grade molds market is witnessing significant expansion, fueled by advancements in food processing, increasing demand for customizedโฆ
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio โฆ
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in orderโฆ
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, โฆ
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growthโฆ
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma โฆ
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart citiesโ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICTโฆ
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emergingโฆ
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlandsโฆ
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart โฆ
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled โSmart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,โ Transparencyโฆ