Press release
Smart Dishwashers Market Outlook 2024: Exclusive Report By The Business Research Company
Smart Dishwashers Market Share
The Business Research Company offers in-depth market insights through Smart Dishwashers Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The smart dishwashers market size has grown rapidly in recent years. It will grow from $6 billion in 2023 to $6.68 billion in 2024 at a compound annual growth rate (CAGR) of 11.2%. The growth in the historic period can be attributed to convenience and time-saving, energy efficiency, smart home integration, environmental sustainability, wi-fi connectivity.
The smart dishwashers market size is expected to see strong growth in the next few years. It will grow to $9.68 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to advanced sensors and ai, water quality monitoring, voice and gesture control, smart grid integration, customized wash cycles. Major trends in the forecast period include multi-zone cleaning, dish identification technology, drying enhancements, hygiene and sanitization, app integration.
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Market Segmentation:
The main types of smart dishwashers are small-size freestyle smart dishwashers and large-scale freestyle smart dishwashers. Small size freestyle smart dishwashers are smaller in size and usually used by residential users. Smart dishwashers are used in household and commercial applications and are distributed through online and offline channels.
Major Driver - Smart Dishwasher Market Growth Driven By Kitchen Renovation And Remodeling
The increasing importance of kitchen renovation or remodeling is a key factor driving the growth of the smart dishwasher market. Changing lifestyles and preferences of consumers due to rapid urbanization is resulting in kitchen renovation or remodeling. The interest to create a modular kitchen is leading to the rapid growth of clever kitchen appliances such as cooking utensils, cookery, and dishwasher. For instance, in October 2022, according to a nationally representative survey of 2,084 U.S. adults conducted by Consumer Reports, a US-based nonprofit consumer organization, 21% of Americans owned at least one large smart appliance, including dishwashers. Therefore, the increasing importance of kitchen renovation or remodeling is expected to drive the smart dishwasher market growth.
Competitive Landscape:
Major companies operating in the smart dishwashers market include Samsung Electronics Co Ltd., BSH Hausgeräte GmbH, GE Appliances, Whirlpool Corporation, LG Electronics Inc., Electrolux AB, Miele & Cie. KG, Robert Bosch GmbH, Panasonic Corporation, Haier Group Corporation, Aga Rangemaster Group, Asko Appliances AB, Dacor Inc., Fagor America Inc., Hoover Candy Group, SR Brands LLC, SMEG SpA, VESTEL Group, Xiaomi Corporation, Maytag Corporation, Café Appliances, KitchenAid, Frigidaire Appliances, Inter IKEA Systems BV, Kenmore, Thermador, JennAir, Fisher & Paykel Appliances Holdings Ltd., Blomberg Appliances, Hisense
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Top Trend - Wi-Fi-Enabled Smart Dishwashers Revolutionizing Convenience And Performance
Wi-Fi-enabled smart dishwashers are a key trend in the smart dishwasher market. The Wi-Fi-enabled dishwasher allows owners to manage the cleaning process, enabling them to begin and track cycles remotely via phone or tablet. For instance, LG Wi-Fi-enabled smart dishwashers come with built-in SmartThinQ technology that provides mobile alerts when a process is over. The SmartThinQ technology is integrated with Google Assistant and Amazon Alexa, and therefore the status can be checked through voice commands without the requirement of any manual activities. In 2021, Godrej Appliances Ltd. introduced the Smart Wash technology dishwasher. These dishwashers are equipped with special turbidity sensors that detect the amount of particle matter in water and adjust the washing cycle parameters, such as temperature and duration, for optimal cleaning performance. The wi-fi-enabled smart technology dishwashers deliver excellent cleaning results with time, energy, and water savings.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Smart Dishwashers Market Characteristics
3. Smart Dishwashers Market Trends And Strategies
4. Smart Dishwashers Market - Macro Economic Scenario
5. Smart Dishwashers Market Size And Growth
…..
27. Smart Dishwashers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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