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

Market Overview

of Global Connected Kitchen Appliances market:
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.

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.

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.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Connected Kitchen Appliances market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Connected Kitchen Appliances market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Connected Kitchen Appliances and its sub-markets in an intuitive way.

Key Companies in the global Connected Kitchen Appliances market covered in Chapter 3:
Panasonic
Robam
Electrolux
BSH
Haier Group
Whirlpool
LG Electronics
Samsung Electronics
Miele & Cie KG

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)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Connected Kitchen Appliances market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029

Frequently Asked Questions