Smart Kitchen Appliance Market Analysis Report 2021 to 2028
Smart Kitchen Appliance Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2020 | US$ 13.79 Billion |
Market Size by 2028 | US$ 47.07 Billion |
Global CAGR (2020 - 2028) | 17.4% |
Historical Data | 2018-2019 |
Forecast period | 2021-2028 |
Segments Covered |
By Product
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Players operating in the smart kitchen appliance market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
- In November 2019, Electrolux expanded its collaboration with Google by integrating connected kitchen products in Europe with the Google Assistant, enabling consumers to control products via voice commands.
The global smart kitchen appliance market is segmented into product, end user, and connectivity. Based on product, the smart kitchen appliance market is segmented into smart ovens, smart refrigerators, smart sous vide, smart juicers & blenders, smart cooker & cooking robots, smart cooktops, smart & integrated ovens & cooktops, and others. Based on end user, the market is categorized into commercial and residential. By connectivity, the smart kitchen appliance market is segmented into Wi-Fi and Bluetooth.
Electrolux AB; BSH Hausgeräte GmbH; GE Appliances; LG Electronics; Koninklijke Philips N.V.; Panasonic Corporation; Samsung Electronics Co., Ltd; Breville Group Limited; Whirlpool Corporation; and Vita-Mix Corporation are the key smart kitchen appliance market players considered for the research study. In addition, several other significant smart kitchen appliance market players have been studied and analyzed in this research report to get a holistic view of the global smart kitchen appliance market and its ecosystem.