Global Smart Kitchen Appliances Market Size study & Forecast, by Product (Smart Refrigerators, Smart Cookware & Cooktops, Smart Dishwashers, Smart Ovens, Others), by Application (Residential, Commercial) and Regional Analysis, 2023-2030

Description

List of Tables

Global Smart Kitchen Appliances Market is valued at approximately USD 15.90 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 17.90% during the forecast period 2023-2030. Smart kitchen appliances are appliances that are equipped with advanced technology, connectivity, and automation features to make cooking and food preparation easier, more convenient, and more efficient. These appliances are often connected to the internet and can be controlled remotely using a smartphone or other smart devices. Smart kitchen appliances can include refrigerators, ovens, stoves, dishwashers, coffee makers, and more. They can offer features such as remote monitoring and control, recipe suggestions, energy efficiency, and integration with other smart home devices. Numerous factors, including the rise in single-person households, disposable income, smart home construction, online sales of small appliances, and the increasing integration of Internet of Things (IoT) technology into household appliances, are driving the market's growth.

The introduction of state-of-the-art home appliances and the growing uptake of IoT and artificial intelligence (AI) are propelling market expansion. For example, in October 2020, Spring USA unveiled their new LoPRO induction range line. With over/under voltage protection, this series ensures the ideal temperature for maximum performance and energy economy. Eco-friendly smart kitchen gadgets and appliances that blend design and functionality are becoming more and more popular among consumers. The market for intelligent kitchen equipment with a variety of features and capabilities is also expanding. As e-commerce platforms facilitate better access for consumers to international brands, the use of smart kitchen gadgets has grown even more. Additionally, new entrants into the market are providing competitively priced goods that either turn into feasible possibilities or reasonable alternatives for customers purchasing smart kitchen appliances for the first time. There is intense scrutiny on the market. IEC 60335-1 is the safety standard for household equipment, including smart home products. Hazard-based safety engineering is the focus of new standards such as IEC 62368-1 (HBSE). Additional criteria cover privacy and data security. In addition, several other regulations have been enacted to guarantee energy regulation and the decrease of carbon emissions. Innovation plays a major role in this industry as players in the market launch cutting-edge goods with cutting-edge characteristics. August 2022 saw the launch of Samsung's Bixby-enabled smart refrigerator in India.With the appliance's integrated view camera, consumers may digitally mark food products with expiration dates. Customers can also use the gadget to remotely view inside the refrigerator. However, the high cost of Smart Kitchen Appliances stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Smart Kitchen Appliances Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022.The market for smart home appliances is expanding in the United States. In August 2023, a RubyHome blog article stated that there were approximately 63.43 million smart device users in the US. Because of the area's booming real estate market, most home buyers are ready to spend more for a smart home. Sales of smart kitchen appliances are expected to soar due to the growing demand for smart homes. . Asia Pacific is expected to grow significantly over the forecast period, owing to factors such as high household spending and rising commercial activities.

Major market player included in this report are:

Whirlpool Corporation
LG Electronics
Electrolux AB
Samsung Electronics Co., Ltd.
Haier Group
Panasonic Corporation
BSH Hausgerate GmbH
Breville
Miele & Cie. KG
Dongbu Daewoo Electronics

Recent Developments in the Market:

In May 2023, LG Electronics debuted the InstaView refrigerator in Australia. Thanks to its MoodUP feature, which employs LED panels to enable different hues on the refrigerator doors, customers can choose from 190,000 colour possibilities. Along with integrated Bluetooth speakers, the refrigerator has InstaView Door-in-Door technology, which lets customers view inside without opening the door.
In January 2023, With an emphasis on smart, individualised, and sustainable living, Samsung Electronics Co. displayed its innovations at the Kitchen & Bath Industry Show 2023 in the United States. The company aims to keep creating technologies that will improve SmartThings' connected services in new ways, enable more personalised experiences, and make energy conservation a way of life with its growing range of smart appliances.

Global Smart Kitchen Appliances Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Smart Refrigerators
Smart Cookware & Cooktops
Smart Dishwashers
Smart Ovens
Others

By Application:

Residential
Commercial

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Smart Kitchen Appliances Market, by Region, 2020-2030 (USD Billion)
- 1.2.2.Smart Kitchen Appliances Market, by Product, 2020-2030 (USD Billion)
- 1.2.3.Smart Kitchen Appliances Market, by Application, 2020-2030 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Smart Kitchen Appliances Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Smart Kitchen Appliances Market Dynamics

3.1.Smart Kitchen Appliances Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Increasing number of single-person households
  - 3.1.1.2.Increasing online purchases of small household appliances
- 3.1.2.Market Challenges
  - 3.1.2.1.High Cost of Smart Kitchen Appliances
- 3.1.3.Market Opportunities
  - 3.1.3.1.Increasing penetration of Internet of Things (IoT) technology in house appliances

Chapter 4.Global Smart Kitchen Appliances Market Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economical
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Smart Kitchen Appliances Market, by Product

5.1.Market Snapshot
5.2.Global Smart Kitchen Appliances Market by Product, Performance - Potential Analysis
5.3.Global Smart Kitchen Appliances Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4.Smart Kitchen Appliances Market, Sub Segment Analysis
- 5.4.1. Smart Refrigerators
- 5.4.2.Smart Cookware & Cooktops
- 5.4.3.Smart Dishwashers
- 5.4.4.Smart Ovens
- 5.4.5.Others

Chapter 6.Global Smart Kitchen Appliances Market, by Application

6.1.Market Snapshot
6.2.Global Smart Kitchen Appliances Market by Application, Performance - Potential Analysis
6.3.Global Smart Kitchen Appliances Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4.Smart Kitchen Appliances Market, Sub Segment Analysis
- 6.4.1. Residential
- 6.4.2.Commercial

Chapter 7.Global Smart Kitchen Appliances Market, Regional Analysis

7.1.Top Leading Countries
7.2.Top Emerging Countries
7.3.Smart Kitchen Appliances Market, Regional Market Snapshot
7.4.North America Smart Kitchen Appliances Market
- 7.4.1.U.S. Smart Kitchen Appliances Market
  - 7.4.1.1.Product breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2.Application breakdown estimates & forecasts, 2020-2030
- 7.4.2.Canada Smart Kitchen Appliances Market
7.5.Europe Smart Kitchen Appliances Market Snapshot
- 7.5.1.U.K. Smart Kitchen Appliances Market
- 7.5.2.Germany Smart Kitchen Appliances Market
- 7.5.3.France Smart Kitchen Appliances Market
- 7.5.4.Spain Smart Kitchen Appliances Market
- 7.5.5.Italy Smart Kitchen Appliances Market
- 7.5.6.Rest of Europe Smart Kitchen Appliances Market
7.6.Asia-Pacific Smart Kitchen Appliances Market Snapshot
- 7.6.1.China Smart Kitchen Appliances Market
- 7.6.2.India Smart Kitchen Appliances Market
- 7.6.3.Japan Smart Kitchen Appliances Market
- 7.6.4.Australia Smart Kitchen Appliances Market
- 7.6.5.South Korea Smart Kitchen Appliances Market
- 7.6.6.Rest of Asia Pacific Smart Kitchen Appliances Market
7.7.Latin America Smart Kitchen Appliances Market Snapshot
- 7.7.1.Brazil Smart Kitchen Appliances Market
- 7.7.2.Mexico Smart Kitchen Appliances Market
7.8.Middle East & Africa Smart Kitchen Appliances Market
- 7.8.1.Saudi Arabia Smart Kitchen Appliances Market
- 7.8.2.South Africa Smart Kitchen Appliances Market
- 7.8.3.Rest of Middle East & Africa Smart Kitchen Appliances Market

Chapter 8.Competitive Intelligence

8.1.Key Company SWOT Analysis
8.2.Top Market Strategies
8.3.Company Profiles
- 8.3.1. Whirlpool Corporation
  - 8.3.1.1.Key Information
  - 8.3.1.2.Overview
  - 8.3.1.3.Financial (Subject to Data Availability)
  - 8.3.1.4.Product Summary
  - 8.3.1.5.Recent Developments
- 8.3.2. LG Electronics
- 8.3.3.Electrolux AB
- 8.3.4.Samsung Electronics Co., Ltd.
- 8.3.5.Haier Group
- 8.3.6.Panasonic Corporation
- 8.3.7.BSH Hausgerate GmbH
- 8.3.8.Breville
- 8.3.9.Miele & Cie. KG
- 8.3.10.Dongbu Daewoo Electronics

Chapter 9.Research Process

9.1.Research Process
- 9.1.1.Data Mining
- 9.1.2.Analysis
- 9.1.3.Market Estimation
- 9.1.4.Validation
- 9.1.5.Publishing
9.2.Research Attributes
9.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Smart Kitchen Appliances Market, report scope
TABLE 2.Global Smart Kitchen Appliances Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3.Global Smart Kitchen Appliances Market estimates & forecasts by Product 2020-2030 (USD Billion)
TABLE 4.Global Smart Kitchen Appliances Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5.Global Smart Kitchen Appliances Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6.Global Smart Kitchen Appliances Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7.Global Smart Kitchen Appliances Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8.Global Smart Kitchen Appliances Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9.Global Smart Kitchen Appliances Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10.Global Smart Kitchen Appliances Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11.Global Smart Kitchen Appliances Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12.Global Smart Kitchen Appliances Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13.Global Smart Kitchen Appliances Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14.Global Smart Kitchen Appliances Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15.U.S. Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16.U.S. Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17.U.S. Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18.Canada Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19.Canada Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20.Canada Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21.UK Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22.UK Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23.UK Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24.Germany Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25.Germany Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26.Germany Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27.France Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28.France Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29.France Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30.Italy Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31.Italy Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32.Italy Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33.Spain Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34.Spain Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35.Spain Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36.RoE Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37.RoE Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38.RoE Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39.China Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40.China Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41.China Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42.India Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43.India Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44.India Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45.Japan Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46.Japan Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47.Japan Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48.South Korea Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49.South Korea Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50.South Korea Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51.Australia Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52.Australia Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53.Australia Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54.RoAPAC Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55.RoAPAC Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56.RoAPAC Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57.Brazil Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58.Brazil Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59.Brazil Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60.Mexico Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61.Mexico Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62.Mexico Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63.RoLA Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64.RoLA Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65.RoLA Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66.Saudi Arabia Smart Kitchen Appliances Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67.South Africa Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68.RoMEA Smart Kitchen Appliances Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69.List of secondary sources, used in the study of global Smart Kitchen Appliances Market
TABLE 70.List of primary sources, used in the study of global Smart Kitchen Appliances Market
TABLE 71.Years considered for the study
TABLE 72.Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Smart Kitchen Appliances Market, research methodology
FIG 2.Global Smart Kitchen Appliances Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Smart Kitchen Appliances Market, key trends 2022
FIG 5.Global Smart Kitchen Appliances Market, growth prospects 2023-2030
FIG 6.Global Smart Kitchen Appliances Market, porters 5 force model
FIG 7.Global Smart Kitchen Appliances Market, pest analysis
FIG 8.Global Smart Kitchen Appliances Market, value chain analysis
FIG 9.Global Smart Kitchen Appliances Market by segment, 2020 & 2030 (USD Billion)
FIG 10.Global Smart Kitchen Appliances Market by segment, 2020 & 2030 (USD Billion)
FIG 11.Global Smart Kitchen Appliances Market by segment, 2020 & 2030 (USD Billion)
FIG 12.Global Smart Kitchen Appliances Market by segment, 2020 & 2030 (USD Billion)
FIG 13.Global Smart Kitchen Appliances Market by segment, 2020 & 2030 (USD Billion)
FIG 14.Global Smart Kitchen Appliances Market, regional snapshot 2020 & 2030
FIG 15.North America Smart Kitchen Appliances Market 2020 & 2030 (USD Billion)
FIG 16.Europe Smart Kitchen Appliances Market 2020 & 2030 (USD Billion)
FIG 17.Asia pacific Smart Kitchen Appliances Market 2020 & 2030 (USD Billion)
FIG 18.Latin America Smart Kitchen Appliances Market 2020 & 2030 (USD Billion)
FIG 19.Middle East & Africa Smart Kitchen Appliances Market 2020 & 2030 (USD Billion)