ReleaseWire

North America to Remain Largest Consumption Market for Smart Refrigerators, Finds New Report

North America is the largest consumption market in the world, which would take about 43.71% of the global consumption of smart refrigerator units in 2019.

Posted: Monday, June 24, 2019 at 1:23 PM CDT

Lewes, DE -- (SBWire) -- 06/24/2019 --This report focuses on Smart Refrigerator. Smart Refrigerator is also called internet refrigerator, which can provide a number of additional features such as more flexible user-controlled cooling options and it can sense the kinds of products inside. Smart refrigerators have a LCD panel for information display and interaction and ability to connect to the internet through Wi-Fi, Radio frequency identification(RIFD), Cellular technology, Bluetooth, ZigBee and Touchscreen.

Scope of the Report:

The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
The worldwide market for Smart Refrigerator is expected to grow at a CAGR of roughly 16.3% over the next five years, will reach 1015.1 million US$ in 2024, from 477.9 million US$ in 2019, according to a new study.
This report focuses on the Smart Refrigerator in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
Whirlpool
Samsung
Haier
Electrolux
LG
Panasonic
Siemens
Bosch
Media
Hisense

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
French Doors
Side-by-Side Doors
Triple Doors
Double Doors
Single Door

Market Segment by Applications, can be divided into
Home Appliance
Commercial Appliance

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Smart Refrigerator product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Smart Refrigerator, with price, sales, revenue and global market share of Smart Refrigerator in 2017 and 2018.
Chapter 3, the Smart Refrigerator competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Smart Refrigerator breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Smart Refrigerator market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Smart Refrigerator sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Please visit this link for more details: https://www.marketresearchreports.com/gir/global-smart-refrigerator-market-2019-manufacturers-regions-type-and-application-forecast-2024

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