Press release
Smart Kitchen Appliances Market Expected to Reach US$ 2,730.6 Mn in 2022 - Global Industry Analysis, Size, Share, Growth, Trends and Forecast
ResearchMoz added Latest Research Report titled " 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 " to it's Large Report database.Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as compared to the traditional appliances. The most significant advantage of smart kitchen appliances is the high energy efficiency over traditional kitchen appliances. Due to growing advancements in the kitchen appliances industry, the smart kitchen appliances market is expected to witness strong growth in the near future. Smart kitchen appliances are equipped with different sensors that facilitate easy operation for the users. In addition some of the smart kitchen appliances are designed with connectivity features that can connect to the other household appliances and also to handheld devices such as smartphones, tablets and others. Thus, users can operate their kitchen appliances remotely from their handheld devices thereby increasing the ease of usage of these appliances.
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The smart kitchen appliances market is majorly driven by the rising discretionary income of the people globally. Due to growing purchasing power, people tend to adopt luxurious goods thereby boosting the demand for smart appliances. Another significant factor fuelling the growth of smart kitchen appliances is the high advantages of smart kitchen appliances over traditional appliances. However, major factor hindering the market growth is the high costs of these appliances over traditional kitchen appliances.
The global market for smart kitchen appliances is segmented on the basis of products, applications and geographic regions. On the basis of products, the market for smart kitchen appliances is segmented into smart refrigerators, smart dishwashers, smart ovens, smart cookware and cooktops, smart scales and thermometers and others. The others segment comprises smart kettles and coffee makers. Further, the global smart kitchen appliances market is segment based on the applications into residential and commercial applications. Furthermore, on the basis of geographic regions the market for smart kitchen appliances is segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA) and Latin America.
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Table of Content
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
1.3.1 Sources
1.3.1.1 Secondary Research
1.3.1.2 Primary Research
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Smart Kitchen Appliances Market (2013 & 2022)
2.2 Global Smart Kitchen Appliances Market, 2012 – 2022, Revenue (US$ Mn) and Y-o-Y Growth (%)
Chapter 3 Global Smart Kitchen Appliances Market Analysis, 2012 - 2022 (US$ Mn)
3.1 Key Trends Analysis
3.1.1 Development of connected kitchen appliances
3.1.2 Acquisition for global expansion
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Rising discretionary income of the people worldwide
3.2.1.2 Growing awareness about energy-efficient and eco-friendly appliances
3.2.1.3 High technological advancements in smart kitchen appliances
3.2.2 Restraints
3.2.2.1 High price of the smart kitchen appliances
3.2.3 Opportunities
3.2.3.1 Untapped potential in rapidly growing consumer electronics markets
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