Kitchen appliances

Global smart kitchen appliances market expected to grow at a rate of 19% through 2026

Global Smart Kitchen Appliances Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026

The Business Research Company Global Smart Kitchen Appliances Market Report 2022 – Market Size, Trends and Forecast 2022-2026

LONDON, GREATER LONDON, UK, July 28, 2022 /EINPresswire.com/ — According to the ‘Smart Kitchen Appliances Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the smart kitchen appliances market the size is expected to reach $34.10 billion in 2026 at a compound annual growth rate (CAGR) of 18.80%. According to the analysis of the smart kitchen appliances market, the increased demand for advanced and smart cooking appliances is contributing significantly to the growth of the market.

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The smart kitchen appliances market includes sales of smart kitchen appliances by entities (organizations, independent marketers, and partnerships) that refer to kitchen appliances connected through IoT (Internet of Things) technology, Bluetooth, Wi- Fi and other technologies. These smart kitchen appliances are used to make home management easier and eliminate mundane tasks. For enhanced functionality and a more interactive experience, these devices, like other smart technologies, are integrated with sensor technology, computing power, one or more actuators, and communication capabilities such as Bluetooth or Wi -Fi, an advanced user interface and artificial intelligence (AI).

Global smart kitchen appliances market trends
Technological advancement is a key trend gaining popularity in the market. According to the smart kitchen appliances market overview, major players operating in the market are focusing on developing innovative kitchen appliances with advanced technological solutions such as machine learning to enhance their existing product portfolio and strengthen their position in the market. For example, Bosch, a German multinational engineering and technology company, launched the Bosch Series 8 Accent Line Sensor Oven, a smart oven powered by artificial intelligence. With the use of a machine learning system, a neural network helps recognize certain patterns from the data and makes intelligent predictions, including the time needed for the cooking or cooking process.

Segments of the global smart kitchen appliances market
The global smart kitchen appliances market is segmented:

By product: smart fridges, smart cookware and cooktops, smart dishwashers, smart ovens, other home appliances

By sales channel: indirect sales channel, direct sales channel

By Application: Residential, Commercial

By Geography: The global Smart Kitchen Appliances market report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East & Africa. Of these regions, North America accounts for the largest share.

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The Global Smart Kitchen Appliances Market Report 2022 is part of a series of new reports by The Business Research Company that provides global smart kitchen appliances market overviews, size and forecast analysis and forecasts. Market Growth for Global Smart Kitchen Appliances Market, Smart Kitchen Appliances Market Share, Smart Kitchen Appliances Market Segments & Geographies, Smart Kitchen Appliances Market Players, Revenue, Profiles & Share market leading competitors in the smart kitchen appliances market. The Smart Kitchen Appliances Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.

TBRC’s Global Smart Kitchen Appliances Market 2022 report includes information on the following:

Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies

Major Market Players: Whirlpool Corporation, LG Electronics, Electrolux AB, Samsung Electronics Co. Ltd., Haier Group, AB Electrolux, BSH Home Appliances Corporation, Panasonic Corporation, Breville Group Limited, Miele & Cie. KG, Vita-Mix Corporation, GE Appliances, Xiaomi, SectorQube and Dacor.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.

Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And more.

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The Business Research Company has published over 1,000 industry reports covering over 2,500 market segments and 60 geographies. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. Reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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