Press release
Smart Refrigerators Global Market To Witness Remarkable Growth By 2032 | Haier, Samsung Electronics, LG Electronics Inc., Panasonic Corporation, Whirlpool, Siemens AG
Smart Refrigerators Market
The Business Research Company's Smart Refrigerators Global Market Report 2023 identifies the rise in the adoption of smart cities and smart infrastructures is a key factor driving the growth of the smart refrigerator 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.
The global smart refrigerators market will grow 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global smart refrigerators market is expected to grow to $6.84 billion in 2026 at a CAGR of 6.9%.
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Major competitors 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 IoT-enabled family hub refrigerator is a key trend in the smart refrigerator market. The new Family Hub refrigerator provides features such as testing from anywhere what's inside the refrigerator, leaving messages on the White Board, seeing who's at the front door via a connected doorbell, adjusting the thermostat, watching CCTV video, suggestions for recipes, shopping recommendations, etc.
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The Smart Refrigerators Market Is Segmented -
• By Product: Top Freezer Refrigerator, Bottom Freezer Fridge, Side-Sy-Side Refrigerator, French Door Refrigerator
• By Technology: Wi-Fi, Radio Frequency Identification (RFID), Cellular Technology, Bluetooth, ZigBee, Touchscreen
• By Door Type: Single, Double, Side by Side, French
• By End Use: Residential, Commercial
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Smart Refrigerators market.
The Business Research Company's "Global Smart Refrigerators Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Smart Refrigerators Market 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
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