Global Connected Kitchen Appliances Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Connected Kitchen Appliances Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Smart kitchen appliances combine technology with traditional appliances and guide people through the cooking process, making cooking easier. They can also arrange cooking time reasonably without having to spend unnecessary time cooking.

Market Overview:

The latest research study on the global Connected Kitchen Appliances market finds that the global Connected Kitchen Appliances market reached a value of USD 50907.61 million in 2022. It’s expected that the market will achieve USD 95215.0 million by 2028, exhibiting a CAGR of 11.0% during the forecast period.

Strength

Economic development and per capita disposable income increase.
Improvement of people's quality of life.
Development of smart devices.

Weakness

Slowing economic growth.
High product prices.

Opportunity

Product innovation and development.
Increase product distributors.
Cooperation with smart device manufacturers.

Threat

Increased market competition.
Rising labor costs.

Region Overview:

Asia Pacific is projected to account for a considerable share of the Connected Kitchen Appliances market and is expected to become the largest region by 2028.

Company Overview:

Samsung Electronics is one of the major players operating in the Connected Kitchen Appliances market, holding a share of 11.32% in 2023.

Samsung Electronics

Samsung Electronics Co., Ltd. manufactures a wide range of consumer and industrial electronic equipment and products such as semiconductors, personal computers, peripherals, monitors, televisions, and home appliances including air conditioners and microwave ovens. The Company also produces Internet access network systems and telecommunications equipment including mobile. phones.

Whirlpool

Whirlpool Corporation manufactures and markets major home appliances. The Company's principal products include laundry appliances, refrigeration, room air conditioning equipment, cooking appliances, dishwashers, and mixers and other small household appliances. Whirlpool products are sold worldwide.

Segmentation Overview:

By type, Smart Refrigerator segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Home Use segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Connected Kitchen Appliances market covered in Chapter 3:

Robam
Miele & Cie KG
LG Electronics
Haier Group
BSH
Samsung Electronics
Panasonic
Electrolux
Whirlpool

In Chapter 4 and Chapter 14.2, on the basis of types, the Connected Kitchen Appliances market from 2018 to 2029 is primarily split into:

Smart Refrigerator
Smart Cookers
Smart Kitchen Hoods
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Connected Kitchen Appliances market from 2018 to 2029 covers:

Commercial Use
Home Use

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)