Global Smart Connected Cooking Appliances Market 2022-2026
The analyst has been monitoring the smart connected cooking appliances market and it is poised to grow by $ 10.67 bn during 2022-2026, accelerating at a CAGR of 22.26% during the forecast period. Our report on the smart connected cooking appliances market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rising innovation in product and technology, growing adoption of smart home systems, and ease of use and convenience offered by smart connected cooking appliances.
The smart connected cooking appliances market analysis includes the distribution channel segment and geographic landscape.
The smart connected cooking appliances market is segmented as below:
By Distribution Channel
• Offline
• Online
By Geography
• North America
• Europe
• APAC
• South America
• Middle East and Africa
This study identifies the increasing adoption of modular kitchens as one of the prime reasons driving the smart connected cooking appliances market growth during the next few years. Also, the advent of multi-cooking functionalities in smart cooking appliances and integration with voice-controlled personal assistants will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on smart connected cooking appliances market covers the following areas:
• Smart connected cooking appliances market sizing
• Smart connected cooking appliances market forecast
• Smart connected cooking appliances market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart connected cooking appliances market vendors that include Behmor Inc., Breville Group Ltd., Electrolux Professional AB, General Electric Co., Haier Smart Home Co. Ltd., June Life Inc., Legrand SA, LG Electronics Inc., MIDEA Group Co. Ltd., Miele and Cie. KG, Mitsubishi Electric Corp., Newell Brands Inc., Panasonic Corp., Revolution Cooking LLC, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp., Smarter Applications Ltd., Somany Home Innovation Ltd., and Whirlpool Corp. Also, the smart connected cooking appliances market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.