Vancouver, BC -- (SBWire) -- 05/06/2021 --Smart kitchen appliances market revenue growth is driven significantly by rapid advancements in the fields of AI and IoT. Major advancements in AI technologies and machine learning have resulted in development and launch of a range of smart products that enable consumers to save time and effort in food preparation, tracking contents and products in the kitchen, refrigerators, and others.
Smart Kitchen Appliances market takes a closer look at the top market performers and monitors the strategies that have enabled them to occupy a strong foothold in the market. Performance of the product and services across different segments and geography are thoroughly assessed during the research. Apart from this, the research brings to light real-time data about opportunities that will completely transform the trajectory of the business environment in the coming years.
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The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
The smart kitchen appliances market is mostly fragmented, with a large number of companies as well as some medium-sized and start-up companies accounting for a major share of the global market revenue. Some major players in this market are Whirlpool Corporation, Samsung Electronics, Haier Group, and Panasonic to name a few.
Product (Revenue, USD Billion; Volume: Thousand Units; 2020–2028)
Smart Refrigerators
Smart Cookware and Cooktops
Smart Dishwashers
Smart Thermostats
Smart Coffeemakers
Other Appliances
Technology Outlook (Revenue, USD Billion; Volume: Thousand Units; 2021–2028)
Wi-Fi
Bluetooth
RFID
Others
Sales Channel Outlook (Revenue, USD Billion; Volume: Thousand Units; 2021–2028)
Online
Offline
End-user Outlook (Revenue, USD Billion; Volume: Thousand Units; 2021–2028)
Residential
Commercial
Industrial
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The global smart kitchen appliances market is expected to witness further advancements due to growing demand for home automation in both developed and developing countries. Global kitchen and home appliance manufacturers are collaborating to enhance product offerings and improve user experience with more advanced technologies in products. Rising disposable income, increasing awareness regarding available technologies, and availability of favourable purchase options and schemes on such appliances are some key factors driving market growth.
Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global Smart Kitchen Appliances market
Sales revenue by key players and new entrants
Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight into recent trends and opportunities
With all the data gathered and analyzed using SWOT analysis, there was a clearer picture of the competitive landscape of the global Smart Kitchen Appliances market. Sources for the future market growth were uncovered and outlying competitive threats also surfaced. There was strategic direction eminent in the market and this shows in the key trends and developments studied. By getting market background and using current norms, policies, and trends of other leading markets for cross-references, market data was completed.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Smart Kitchen Appliances Market Segmentation & Impact Analysis
4.1. Smart Kitchen Appliances Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing application of technology (IoT, Wi-Fi)
4.2.2.2. Rise in disposable income
4.2.3. Market restraints analysis
4.2.3.1. High cost of production
4.2.3.2. High maintenance cost
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Smart Kitchen Appliances Market Product Insights & Trends, Revenue (USD Billion) (Thousands units)
5.1. Product Dynamics & Market Share, 2021 & 2028
5.1.1. Smart Refrigerators
5.1.2. Smart Cookware and Cooktops
5.1.3. Dishwashers
5.1.4. Sensor Bins
5.1.5. Smart Coffee Makers
5.1.6. Precision Cooker
5.1.7. Other Appliances
Chapter 6. Smart Kitchen Appliances Market Technology Insights & Trends Revenue (USD Billion) (Thousands Units)
6.1. Product Technology Dynamics & Market Share, 2021 & 2028
6.1.1. RFID
6.1.2. Wi-Fi or Bluetooth
Chapter 7. Smart Kitchen Appliances Market Sales Channel Insights & Trends Revenue (USD Billion) (Thousands Units)
7.1. Sales Channel Dynamics & Market Share, 2021 & 2028
7.1.1. Offline
7.1.2. Online
Chapter 8. Smart Kitchen Appliances Market By End Use Insights & Trends Revenue (USD Billion) (Thousands Units)
8.1. End Use Dynamics & Market Share, 2021 & 2028
8.1.1. Residential
8.1.2. Commercial
8.1.3. Industrial
Continue…!
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Smart Kitchen Appliances Market Growth, Recent Trends, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2028
The global smart kitchen appliances market is expected to witness further advancements due to growing demand for home automation in both developed and developing countries. Global kitchen and home appliance manufacturers are collaborating to enhance product offerings and improve user experience with more advanced technologies in products