Smart refrigerator is expected to remain the largest segment in the global smart kitchen appliance market


Posted March 19, 2022 by Lucintel

Smart refrigerator is expected to remain the largest segment in the global smart kitchen appliance market
 
An exciting new study from the team of Lucintel found that smart kitchen appliance market is expected to grow with a CAGR of 29%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The smart kitchen appliance market is segmented based on product type, type, technology and region. In this market, smart refrigerator is expected to remain the largest product type. Players can benefit from the available opportunities like growing number of smart grid projects and changing preferences of consumers coupled with the subsequent rise in their purchasing power.
AB Electrolux, Whirlpool, Samsung, LG, Haier, Panasonic, Dongbu Daewoo, BSH, and Sub-Zero are some of the major players profiled in this 150 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the global smart kitchen appliances market by product type (smart refrigerators, smart dishwashers, smart ovens, smart cookware and cooktops, smart scales and thermometers, and other), end use (residential and commercial), distribution channel (online and offline), and region (North America, Europe, Asia Pacific, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the smart kitchen appliance market?
Q.4 What are some changing demands of customers in the smart kitchen appliance market?
Q.5 What are the new developments in the smart kitchen appliance market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this smart kitchen appliance area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this smart kitchen appliance market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
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Issued By Lucintel
Country United States
Categories Business
Last Updated March 19, 2022