Smart Kitchen Appliances Market- Global Trends and Forecast to 2026

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Smart Kitchen Appliances Market - Global Industry
Insight, Trends, Outlook, and Opportunity
Analysis 2017-2025

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REPORT DESCRIPTION
Smart Kitchen Appliances Market Overview
Smart kitchen appliances uses technology that
have the capability to perform functions faster
and cheaper. Smart kitchen appliances are energy
efficient appliances relative to traditional
kitchen appliances. It consist of feature that
automatically switches off the appliances as per
requirement by informing the owner, one of the
major factors driving the smart kitchen
appliances market growth. In addition, the
increasing adoption of IoT technology also plays
a major role for the growth of the smart kitchen
appliances market. However, lack of awareness
about the advantages and high maintenance cost of
the smart kitchen appliances are some of the
major factors which hinders growth of the smart
kitchen appliances market. The smart
refrigerator segment held a dominant position in
smart kitchen market in 2016 and is projected to
retain its dominance throughout the forecast
period. The smart refrigerator keeps the record
of products kept inside with the help of barcode
and RFID. It reduce the power consumption by
automatically switching off the power as
required, which raised the demand for smart
refrigerator in the market. The Wi-Fi technology
segment held a dominant position in smart kitchen
appliances market in 2016 and is projected to
retain its dominance throughout the forecast
period. By the end of the year 2017, it is
projected that approximately 53.6 households
will have an internet access worldwide compared
to 51.5 in 2016. The increasing households
internet access fuels the Wi-Fi technology
segment in smart kitchen appliances market. The
residential segment held a dominating position in
smart kitchen market in 2016 and is projected to
retain its dominance throughout the forecast
period.
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REPORT DESCRIPTION

• Smart Kitchen Appliances Market Taxonomy
• On the basis of type, the global smart kitchen
  appliances market is segmented into
• Smart Coffee Maker
• Smart Cooker
• Smart Cooktop
• Smart Dish Washer
• Smart Freezer
• Smart Kettle
• Smart Oven
• Smart Refrigerator
• Others
• On the basis of technology, the global smart
  kitchen appliances market is segmented into
• Bluetooth
• Near Field Communication
• Wi-Fi
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REPORT DESCRIPTION
Smart Kitchen Appliances Market Outlook North
America holds significant market share Regional
segmentation of smart kitchen appliances market
by Coherent Market Insights comprises North
America, Europe, Asia Pacific, Latin America,
Middle East, and Africa. North America Holds the
major share in the global smart kitchen
appliances market and is projected to retain its
dominance throughout the forecast period. This is
owing to increasing number of smart grid power
projects, changing lifestyle, and increasing per
capita income. The U.S. and Canada are the major
countries which drives the smart kitchen
appliances market in North America region. Asia
Pacific is projected to exhibit highest CAGR over
the forecast period. India, china, Japan, and
South Korea are some of the major countries that
drives the market in Asia Pacific region.
However, China held the dominant position in 2016
and is projected to witness highest CAGR over the
forecast period in the region. This is mainly
owing to factors such as growing economy and high
investments in smart grid projects. Key
Players in the Global Smart Kitchen Appliances
Market Key players operating in the global smart
kitchen market include General Electric Co. (GE),
LG Electronics Inc., Panasonic Corporation,
Samsung Electronics Co. Ltd., Whirlpool
Corporation, Electrolux AB, Koninklijke Philips
N.V., Electrolux, Qingdao Haier Co Ltd, and
Dacor. To Get Discount on this Report
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