Smart Kitchen Appliance Market: Trends, Opportunities and Competitive Analysis

Trends, opportunities and forecast in the global smart kitchen appliance market to 2024 by product type (smart refrigerators, smart dishwashers, smart ovens, smart cookware and cooktops, smart scales and thermometers, and other), end use (residential and commercial), distribution channel (online and offline), and region (North America, Europe, Asia Pacific, and ROW)

Publisher: Lucintel Published: June 2020
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Smart Kitchen Appliance Market: Trends, Opportunities and Competitive Analysis

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Report Feature

The future of the smart kitchen appliance market looks promising with opportunities in the in the residential and commercial market. The global smart kitchen appliances market is expected to grow wit

h a CAGR of 29% from 2019 to 2024. The major growth drivers for this market are rising discretionary income of the people worldwide, growing awareness about energy-efficient and eco-friendly appliances, and high technological advancements in smart kitchen appliances.

A report of more than 150 pages is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of smart kitchen appliance market report download the report brochure.



Smart Kitchen Appliance Market by Segment Type

Global Smart Kitchen Appliance Market

Market Share Analysis of Major Manufacturers
 


The study includes the smart kitchen appliance market size and forecast for the global smart kitchen appliance market through 2024, segmented by product type, end use, distribution channel, and region as follows:

By Product Type [$M shipment analysis for 2013 – 2024]:
  • Smart Refrigerators
  • Smart Dishwashers
  • Smart Ovens
  • Smart Cookware and Cooktops
  • Smart Scales and Thermometers
  • Other Products (Kettles and Coffee Makers)

By End Use [$M shipment analysis for 2013 – 2024]:
  • Residential
  • Commercial

By Distribution Channel [$M shipment analysis for 2013 – 2024]:
  • Online
  • Offline

By Region [$M shipment analysis for 2013 – 2024]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
  • Asia-Pacific
    • China
    • Japan
    • India
  • Rest of the World
    • Brazil

Some of the smart kitchen appliance companies profiled in this report include AB Electrolux, Whirlpool, Samsung, LG, Haier, Panasonic, Dongbu Daewoo, BSH, and Sub-Zero.

Some of the features of "Global Smart Kitchen Appliances Market 2019-2024: Trends, Forecast, and Opportunity Analysis" include
  • Market size estimates:Global smart kitchen appliance market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis:Market trend (2013-2018) and forecast (2019-2024) by segments and region.
  • Segmentation analysis:Global smart kitchen appliance market size by product type, end use, distribution channel, and region.
  • Regional analysis:Global smart kitchen appliance market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities:Analysis on growth opportunities in different End Uses and regions for smart kitchen appliances in the global smart kitchen appliance market.
  • Strategic analysis:This includes M&A, new product development, and competitive landscape for smart kitchen appliance in the global smart kitchen appliance market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:

Q.1 What are some of the most promising potential, high-growth opportunities for the global smart kitchen appliances market by product type (smart refrigerators, smart dishwashers, smart ovens, smart cookware and cooktops, smart scales and thermometers, and other), end use (residential and commercial), distribution channel (online and offline), and region (North America, Europe, Asia Pacific, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the smart kitchen appliances market?
Q.5 What are the business risks and threats to the smart kitchen appliances market?
Q.6 What are the emerging trends in the smart kitchen appliances market and the reasons behind them?
Q.7 What are some changing demands of customers in the smart kitchen appliances market?
Q.8 What are the new developments in the smart kitchen appliances market? Which companies are leading these developments?
Q.9 Who are the major players in the smart kitchen appliances market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the smart kitchen appliances area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last five years in the smart kitchen appliances market?

Table of Contents

1. Executive Summary 2. Market Background and Classifications 2.1: Introduction, Background, and classifications 2.2: Supply Chain 2.3: Industry Drivers and Challenges
5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Geographical Reach 5.5: Porter’s Five Forces Analysis 7. Company Profiles of Leading Players 7.1: AB Electrolux 7.2: Whirlpool 7.3: Samsung 7.4: LG 7.5: Haier 7.6: Panasonic 7.7: Dongbu Daewoo 7.8: BSH 7.9: Sub-Zero

Methodology

Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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