Press release
Smart Kitchen Appliances Market to Achieve US$ 3.2 Bn by 2030 - Persistence Market Research
The global smart kitchen appliances market is projected to grow at a compound annual growth rate (CAGR) of 8.4%, expanding from US$1.8 billion in 2023 to US$3.2 billion by 2030. The increasing adoption of smart home technology, demand for energy-efficient appliances, and advancements in IoT-based kitchen solutions are key factors driving market growth.Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response):
https://www.persistencemarketresearch.com/samples/33630
Market Insights
• Market Size in 2023: US$1.8 billion
• Projected Market Value by 2030: US$3.2 billion
• Global Market CAGR (2023-2030): 8.4%
• Historical Market CAGR (2018-2022): 7.9%
• Key Products: Smart refrigerators, smart ovens, smart coffee makers, smart dishwashers, and smart cookware
Market Drivers
1. Rising Smart Home Adoption: Consumers are increasingly integrating smart appliances into their homes, boosting demand for connected kitchen solutions.
2. Sustainability & Energy Efficiency: Smart kitchen appliances are equipped with energy-monitoring features, allowing users to track and reduce power consumption.
3. IoT and AI Integration: The incorporation of Artificial Intelligence (AI) enables personalized recommendations, smart recipe suggestions, and enhanced automation.
4. Convenience and Time-Saving Solutions: Automated features, remote accessibility via smartphones, and voice-command compatibility enhance user experience.
Business Opportunities
1. AI-Powered Culinary Solutions: Smart kitchen appliances with machine learning algorithms can offer customized cooking instructions and nutritional guidance.
2. Growth of Smart Home Ecosystems: The increasing popularity of home automation presents opportunities for seamless appliance integration with digital platforms.
3. Expansion in Emerging Markets: South Asia and Oceania are experiencing rapid adoption due to rising disposable incomes and urbanization.
4. Technological Innovations: Manufacturers are focusing on Wi-Fi-enabled appliances to provide real-time monitoring and enhanced connectivity.
Market Restraints
1. High Upfront Costs: Smart kitchen appliances are relatively expensive compared to traditional kitchen devices, limiting widespread adoption.
2. Interoperability Challenges: Lack of standardized communication protocols among different manufacturers hampers seamless connectivity.
3. Internet Dependency: A stable internet connection is required for optimal performance, which may be a barrier in some regions.
Regional Analysis
• North America: The largest market due to technological advancements, high consumer awareness, and strong infrastructure supporting smart home integration.
• Europe: Increasing preference for energy-efficient and sustainable products is propelling demand.
• South Asia & Oceania: The fastest-growing region due to rapid urbanization, rising disposable income, and lifestyle modernization.
• Latin America & Middle East & Africa: Gradual adoption driven by improving internet connectivity and expanding smart home penetration.
Competitive Landscape
The smart kitchen appliances market is highly competitive, with leading companies focusing on product innovation, strategic partnerships, and global expansion.
Key strategies include:
• Technological Advancements: Integrating AI, voice assistants, and smart recipe features.
• Strategic Collaborations: Manufacturers partnering with tech firms to enhance connectivity and software capabilities.
• Market Expansion: Companies are entering new geographic markets through acquisitions and regional partnerships.
Key Players in the Market
• Whirlpool Corporation
• LG Electronics
• Electrolux AB
• Samsung Electronics Co., Ltd.
• Haier Group
• Panasonic Corporation
• BSH Hausgerate GmbH
• Breville
• Miele & Cie. KG
• Dongbu Daewoo Electronics
Recent Developments
1. Fresco's KitchenOS (March 2023): Fresco launched KitchenOS, an all-in-one smart kitchen operating system integrating IoT control, branded apps, smart recipes, and customer engagement tools.
o Market Impact: Enhances user experience and streamlines appliance connectivity.
2. Whirlpool's Smart Kitchen Upgrades (Jan 2019): Whirlpool unveiled 28 smart kitchen appliances at CES 2019, integrating state-of-the-art technology for a more efficient cooking experience.
o Market Impact: Strengthens Whirlpool's market position in smart kitchen innovation.
3. Electrolux & Drop Partnership (Oct 2018): Electrolux partnered with Drop, a smart kitchen tech provider, to enhance integration with customized recipes and smart functionalities.
o Market Impact: Signifies a growing trend toward interoperability and seamless integration.
Market Segmentation
1. By Application:
o Smart Refrigerators
o Smart Coffee Makers
o Smart Dishwashers
o Smart Cookware & Cooktop
o Smart Ovens
o Other Appliances
2. By Connectivity Technology:
o Bluetooth
o Wi-Fi (Most Preferred)
o NFC (Fastest Growing Segment)
o Others
3. By Region:
o North America
o Europe
o East Asia
o South Asia & Oceania
o Latin America
o Middle East & Africa
Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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 to Achieve US$ 3.2 Bn by 2030 - Persistence Market Research here
News-ID: 3894287 • Views: …
More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…

Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…

US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…

Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
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…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
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 growth…
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…
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 emerging…
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 Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
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 “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…