Global Smart Kitchen Market 2016-2020

29 Feb, 2016, 15:45 ET from Reportlinker

NEW YORK, Feb. 29, 2016 /PRNewswire/ -- About Smart Kitchen

The Internet of Things (IoT) is a network of physical or tangible objects or devices interconnected through multiple network technologies. These objects or devices can communicate with each other and with the external environment through the Internet.
Smart kitchens are an integral part of smart homes. Smart kitchens provide a smart environment, which makes it easy for the user to perform meal-preparation activities. It integrates a wide variety of technologies, including appliances (e.g., smart refrigerators, dishwashers, cookware and cooktops, microwave ovens), sensors, and a user interface. A smart kitchen has the following features:
- Allows user to control kitchen appliances remotely
- Helps in providing useful information and warnings related to kitchen appliances
- Helps detect emergency situations and takes appropriate action when needed
- Enables the collection of data on the use of these appliances and provides relevant information when needed

Technavio's analysts forecast the global smart kitchen market to grow at a CAGR of 63.53% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global smart kitchen market for 2016-2020. The market size is calculated on the basis of smart kitchen appliances, such as smart refrigerators, dishwasher, microwave ovens, and cookware and cooktops. New emerging appliances such as 3D printers for food and smart coffeemakers and beer brewers have also been considered for market size calculation.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Smart Kitchen Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Dacor
- Electrolux
- GE Consumer & Industrial
- Haier
- LG Electronics
- SectorQube
- Onida
- Samsung Electronics
- Whirlpool

Market driver
- Multiple benefits of Internet of Things (IoT)
- For a full, detailed list, view our report

Market challenge
- High initial cost of smart kitchen appliances
- For a full, detailed list, view our report

Market trend
- Rise in number of smart homes
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Read the full report: http://www.reportlinker.com/p03664266-summary/view-report.html

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