openPR Logo
Press release

Thriving Smart Kitchen Appliances Market: Expect $57.04 Billion Growth by 2029

Smart Kitchen Appliances Market Trends

Smart Kitchen Appliances Market Trends

"
Transformative Trends and Key Players Pushing Growth in the Global Market

What Is The Projected Market Size Of The Global Smart Kitchen Appliances Market And Its Growth Rate?
The smart kitchen appliances market is witnessing significant expansion. Recent data points to important growth factors and projections:
•Market size accelerated from $25.16 billion in 2024 to $29.77 billion in 2025, marking a compound annual growth rate (CAGR) of 18.3%.
•Growth factors during that period include changing lifestyles, population expansion, popularity of home renovations, growth in emerging markets, and advancements in the construction sector.
•The market size is predicted to continue its steep ascent, reaching $57.04 billion in 2029 at a CAGR of 17.7%.
•Responsible for this heady forecast are the rise of smart home integration, increasing urbanization, disposable income growth, and growing demand for energy efficiency.

What Is Driving The Growth In The Smart Kitchen Appliances Market?
The market's growth is fueled by rising demand for advanced, intelligent cooking appliances. Immense growth in the wake of the COVID-19 pandemic, combined with the increasing availability of smartphones and wireless services, has triggered escalating demand for smart kitchen appliances. According to research by security.org, it is expected that smart home technology will be available in 57% of US households by 2025. An estimated 64% of US households (80 million) plan to purchase a new type of smart home device within the next year. These factors uphold that continuing demand for innovative kitchen appliances will significantly boost market growth.

Request a Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=6548&type=smp

Who Are the Key Players Driving Smart Kitchen Appliances Market Growth?
Major market contributors include:
•Whirlpool Corporation
•LG Electronics Inc.
•Electrolux AB
•Samsung Electronics Co. Ltd.
•Haier Group Corporation
•Panasonic Corporation
•Breville Group Limited
•Miele & Cie. KG
•Koninklijke Philips N.V.
•BSH Hausgeräte GmbH
•General Electric Appliances Company
•Siemens AG
•Sharp Corporation
•Toshiba Corporation
•Hitachi Ltd.
•Groupe SEB SA
•De'Longhi S.p.A.

What Are The Key Trends In The Smart Kitchen Appliances Market?
Main trends shaping the market:
•Voice-controlled appliances
•Augmented reality (AR) cooking guidance
•Health and nutrition monitoring
•Compact and multi-functional appliances
•Touchless and hygienic features

What Are The Segments Of The Global Smart Kitchen Appliances Market?
Market segments include:
•By Product: Smart Refrigerators, Smart Cookware and Cooktops, Smart Dishwashers, Smart Ovens, and Other Appliances
•By Sales Channel: Indirect Sales Channel and Direct Sales Channel
•By Application: Residential and Commercial

Which Region Leads The Smart Kitchen Appliances Market?
North America dominated the smart kitchen appliances market in 2024 and is expected to maintain its lead. The fastest growth, on the other hand, is projected from Asia-Pacific. Other regions covered in the report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Pre-book the Report for Swift Delivery: https://www.thebusinessresearchcompany.com/report/smart-kitchen-appliances-global-market-report

What Is Covered In The Smart Kitchen Appliances Market Global Market Report?

- Market Size Analysis: Analyze the Smart Kitchen Appliances Market size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the Smart Kitchen Appliances Market for effective categorization.

- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall Smart Kitchen Appliances Market growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Smart Kitchen Appliances Market.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Request Customization for this Report: https://www.thebusinessresearchcompany.com/Customise?id=6548&type=smp

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"

Learn More About The Business Research Company
Our company has an extensive database with over 15,000+ reports across 27 industries for 60+ geographies. Backed by 1,500,000 datasets, in-depth secondary research, and inputs from industry leaders, we provide incisive, data-rich research and insights. Our product, the Global Market Model , is a leading market intelligence platform providing accurate and up-to-date forecasts for informed decision-making.

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 Thriving Smart Kitchen Appliances Market: Expect $57.04 Billion Growth by 2029 here

News-ID: 3827241 • Views:

More Releases from The Business Research Company

Top Factor Driving Automotive Horn Systems Market Growth in 2025: Impact Of Increasing Preference For Luxury Cars On The Automotive Horn Systems Market
Top Factor Driving Automotive Horn Systems Market Growth in 2025: Impact Of Incr …
How Big Is the Automotive Horn Systems Market Expected to Be, and What Will Its Growth Rate Be? The market for automotive horn systems has witnessed robust growth in the past few years. The market, estimated at $0.77 billion in 2024, is projected to rise to $0.85 billion in 2025, with a compound annual growth rate (CAGR) of 9.5%. This surge during the historic period can be credited to factors like
Key Trends Shaping the Future Automated Compounding Devices Market From 2025-2034: Innovations In IV Robotic Technology For Hospital Pharmacies
Key Trends Shaping the Future Automated Compounding Devices Market From 2025-203 …
What Is the Estimated Market Size and Growth Rate for the Automated Compounding Devices Market? The market size for automated compounding devices has seen robust growth in recent times. The market, which valued at $2.36 billion in 2024, is predicted to touch $2.53 billion in 2025, with a compound annual growth rate (CAGR) of 7.4%. Causes for growth in the preceding period include a rising number of chronic illness cases, an
Key Trend Reshaping the Atrial Septal Defect Market in 2025: Advancements In Occluders For Arterial Septal Defect Treatment
Key Trend Reshaping the Atrial Septal Defect Market in 2025: Advancements In Occ …
What Are the Projections for the Size and Growth Rate of the Atrial Septal Defect Market? In the past years, the atrial septal defect market has witnessed substantial growth. The market, which is expected to be $4.14 billion in 2024, is forecasted to increase to $4.47 billion in 2025. This transition represents a compound annual growth rate (CAGR) of 8.0%. The historical growth can be credited to factors like the increasing
Transforming the Asset Tracking Software Market in 2025: Rising Transportation And Logistics Sectors Drive Asset Tracking Software Market Growth
Transforming the Asset Tracking Software Market in 2025: Rising Transportation A …
What Is the Expected Size and Growth Rate of the Asset Tracking Software Market? In recent years, there has been s significant expansion in the size of the asset tracking software market. The market, which is set to increase from $19.17 billion in 2024 to $21.61 billion in 2025, is expected to have a compound annual growth rate (CAGR) of 12.7%. Factors contributing to this growth during the historical period include

All 5 Releases


More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
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 order
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
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 cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide. This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. The study objectives of this report are: To study and forecast the market size of Smart
IoT Device Management Market Analysis by Application - Smart Manufacturing, Smar …
IoT device management comprises of multiple operating systems and several varieties of communication methods and protocols targeted at conducting smooth functioning of smart devices. The service of IoT device management has become vital for the business sector in recent years due to the rising use of remote operation in a number of industries and the subsequent need to manage the operation of the devices. The global IoT device management market is
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market : Smart Refrigerators, Smart Dishwashers, Smart …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Smart Kitchen Appliances Market (Products - Smart Refrigerators, Smart Dishwashers, Smart Ovens, Smart Cookware and Cooktops, Smart Scales and Thermometers and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" globally. Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as