Sep 19, 2017   SOURCE: BusinessWire

Global Smart Kitchen Appliances Market - Expected to Grow at a CAGR of 23.4% by 2025 - Research and Markets

The "Global Smart Kitchen Appliances Market, 2017-2025" report has been added to Research and Markets' offering.

The global smart kitchen appliances market was valued at US$ 896.78 Mn in 2017 and is estimated to expand with a CAGR of 23.4% from 2017-2025.

Smart kitchen appliances are the subset of the overall smart appliances industry. These are premium kitchen appliances designed for optimum efficiency and high performance. Smart kitchen appliances are equipped with different sensing devices and remote connectivity. Thus, these devices can also be operated from remote location using smartphones. Users' smartphones are installed with the relative application so as to enable the appliance and smartphone communication.

The most significant factor fueling the smart kitchen appliances market growth is the increasing advancements in the home appliances sector. With growing sensor technology, more intelligent and energy efficient appliances are flourishing in the market. Thus, the smart kitchen appliances is a highly technology driven market. Apart from advancing technology, the market is also complemented by the growing smart grids market. Smart kitchen appliances is among the most important components of the smart grid ecosystem since it enables two-way communication.

Another major factor fueling the market growth is the rising discretionary income of the consumers worldwide. Due to availability of the high-tech appliances coupled with increased discretionary income, consumers are now increasing shifting towards high-end appliances. Thus, the market is expected to witness strong growth especially in regions having high discretionary income of the people.

Companies Mentioned

  • Whirlpool Corporation
  • AB Electrolux
  • Samsung Electronics Co., Ltd..
  • LG Electronics, Inc.
  • BSH Home Appliances Corporation (Robert Bosch GmbH)
  • Miele & Cie KG
  • Dongbu Daewoo Electronics Corporation
  • Sub-Zero, Inc.
  • Panasonic Corporation
  • Haier Group

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Market Dynamics

Chapter 4 Global Smart Kitchen Appliances Market Analysis, By Product

Chapter 5 Global Smart Kitchen Appliances Market Analysis, By Application

Chapter 6 North America Smart Kitchen Appliances Market Analysis

Chapter 7 Europe Smart Kitchen Appliances Market Analysis

Chapter 8 Asia Pacific Smart Kitchen Appliances Market Analysis

Chapter 9 Rest of the World (RoW) Smart Kitchen Appliances Market Analysis

Chapter 10 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/2nrxft/global_smart