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Global Smart Kitchen Appliances Market to Settle at 34.9% Growth Rate by 2022-28

Smart kitchen appliances refers to the introduction of microprocessors and computer technology to the production of electrical equipment, the formation of intelligent kitchen, electrical products with active monitoring of their own failure and active control and active adjustment and other intelligent functions.

Due to the COVID-19 pandemic, the global Smart Kitchen Appliances market size is estimated to be worth US$ 2414.3 million in 2021 and is forecast to a readjusted size of US$ 20060 million by 2028 with a CAGR of 34.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Smart Kitchen Appliances market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Smart Kitchen Appliances landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

The Global Smart Kitchen Appliances industry is concentrate. The top five producers are Whirlpool Corporation, AB Electrolux, BSH Appliance, Haier Group and Samsung Electronics. Totally account for about 65% of the revenue market. Regionally, North America is the biggest production area of Smart Kitchen Appliances. North America occupied about 32% of the production market. Other countries have a small amount of production. Geographically, United States was the largest consumption market in the world, which took about 37% of the global consumption value.

This report focuses on Smart Kitchen Appliances volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Smart Kitchen Appliances market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Southeast Asia, Japan, China and South Korea, etc.

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The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Smart Refrigerator
  • Smart Cookers
  • Smart Kitchen Hoods
  • Other

Segment by Application

  • Commercial Use
  • Home Use

By Company

  • Whirlpool Corporation
  • Ab Electrolux
  • Samsung Electronics
  • Lg Electronics
  • Haier Group
  • Bsh
  • Miele & Cie Kg
  • Panasonic
  • Robam
  • Midea

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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