The global Smart Kitchen Appliances market can be segmented on product, application, end-user, and region, which are being used the key players and brands that are dominating the market and are having a huge impact on the market as a whole by their moves like product launches, their researches, joint ventures, merges, and accusations. This report consists of all the company profiles of the key players and brands. The report also stands apart when it comes to explaining the definition, classifications, applications, and engagements for the Smart Kitchen Appliances market.
Global smart kitchen appliances market is expected to register a healthy CAGR of 18.76% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the significant increases in the purchasing power of individuals as well as better efficiency of these devices promoting convenience in the kitchen. Few of the major competitors currently working in the global smart kitchen appliances market are Electrolux, SAMSUNG, Whirlpool, LG Electronics, BSH Home Appliances Corporation, Panasonic Corporation, Haier Inc., Miele & Cie. KG, Daewoo Electronics, Sub-Zero Group, Inc., Midea Group
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Global Smart Kitchen Appliances Market By Product (Ovens, Dishwashers, Refrigerators, Cookware & Cooktops, Scale & Thermometers, Others), End-User (Residential, Commercial), Distribution Channel (Offline Retail Stores, Commercial Retail Stores), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Smart kitchen appliances are smart consumer electronic goods that are wirelessly connected to smartphones and other smart devices with the help of either internet/Wi-Fi or Bluetooth. This interconnectivity provides users with the ability to give out commands to these appliances, operational monitoring, and also tracking their performance efficiency. These devices promote greater energy savings, reduce the wastage of resources while also providing better operational performance.
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Key Developments in the Market:
- In May 2019, BSH Home Appliances Corporation announced that they had made a strategic investment in “Chefling”, a provider of smart kitchen solutions based on AI-platform. This investment will help BSH in providing their existing customers with smart kitchen appliances and needs as per their requirements. The consumer goods will help organise the inventory, suggest recipes, organize the budgets according to taste preferences. This investment will accelerate the rate of development and commercialization of these goods
- In August 2018, Electrolux announced that they had expanded their partnership with Google for the integration of kitchen appliances with connected technologies and smart solutions. These products will be available in the European region and will be integrated with “Google Assistant” helping the consumers give out voice commands and commercialization will begin in early 2019
Global smart kitchen appliances market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart kitchen appliances market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global smart kitchen appliances market are Electrolux, SAMSUNG, Whirlpool, LG Electronics, BSH Home Appliances Corporation, Panasonic Corporation, Haier Inc., Miele & Cie. KG, Daewoo Electronics, Sub-Zero Group, Inc., Midea Group, Anova Applied Electronics, Inc., Hangzhou Robam Electric Co., Behmor, Inc., Belkin International, Inc., Nutribullet.com and June Life Inc. among others.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market drivers and restraints analysis along with the analysis of the market structure
Table Of Content: Smart Kitchen Appliances Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Smart Kitchen Appliances
Part 04: Global Smart Kitchen Appliances Market Sizing
Part 05: Global Smart Kitchen Appliances Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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The report provides insights on the following points:
- Learn about the market strategies that are being adopted by your competitors and leading organizations
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Smart Kitchen Appliances Market
- To gain insightful analyses of the market and have a comprehensive understanding of the “Smart Kitchen Appliances Market ” and its commercial landscape
- To understand the future outlook and prospects for Smart Kitchen Appliances Market analysis and forecast 2019-2026.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the Smart Kitchen Appliances market
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