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Vendor Landscape
The global smart kitchen appliance market is fragmented. The market is characterized by the presence of several well-established vendors. Market vendors are focusing on technology for innovating products to sustain themselves in the competitive market. They are also focusing on building brand and brand equity in the market to differentiate themselves from competing brands.
Technavio identifies AB Electrolux, Breville USA Inc., Haier Smart Home Co. Ltd., Koninklijke Philips NV, LG Electronics Inc., Miele & Cie. KG, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sub-Zero Group Inc., and Whirlpool Corp. are some of the major market participants. Although the growing demand for premium, innovative appliances, increasing adoption of smart connected home system, and the ease of use and convenience offered by smart kitchen appliances will offer immense growth opportunities, the high cost of installation, lack of product and technology awareness, especially in developing regions, and the impact of COVID-19 pandemic on market will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
For more insights into the vendor landscape, View Our Sample Report.
Smart Kitchen Appliance Market 2021-2025: Segmentation
The global smart kitchen appliance market is segmented as below:
- Product
- Smart Large Cooking Appliance
- Smart Refrigerator
- Smart Small Cooking Appliance
- Smart Dishwasher
The market will observe high demand for smart cooking appliances during the forecast period. Factors such as enhanced living standards and growing interest in smart connected home appliances are driving the demand for such products. Also, the growing trend of modular kitchens with large cooking appliances is further driving the demand.
The offline segment will account for maximum growth in terms of sales and revenue generation. The segment is driven by increasing strategic alliances between vendors and household appliance retail chains.
- Geography
- North America
- Europe
- APAC
- South America
- MEA
About 34% of the market growth will originate from North America during the forecast period. Factors such as the availability of favorable infrastructure, high internet penetration, and the adoption of smart homes are driving the growth of the regional market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our smart kitchen appliance market report covers the following areas:
Smart Kitchen Appliance Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the smart kitchen appliance market. Backed with competitive intelligence and benchmarking, our research report on the smart kitchen appliance market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Smart Kitchen Appliance Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist smart kitchen appliance market growth during the next five years
- Estimation of the smart kitchen appliance market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the smart kitchen appliance market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of smart kitchen appliance market vendors
Related Reports:
Smart Kitchen Appliance Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 12.65% |
Market growth 2021-2025 |
USD 9.40 billion |
Market structure |
Fragmented |
YoY growth (%) |
7.23 |
Regional analysis |
North America, Europe, APAC, South America, MEA, North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 34% |
Key consumer countries |
US, China, Germany, UK, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
AB Electrolux, Breville USA Inc., Haier Smart Home Co. Ltd., Koninklijke Philips NV, LG Electronics Inc., Miele & Cie. KG, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sub-Zero Group Inc., and Whirlpool Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents :
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis for household appliances
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
- 3.5 Impact of COVID-19 on consumer discretionary industry
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 15: Product - Market share 2020-2025 (%)
- 5.2 Comparison by Product
- Exhibit 16: Comparison by Product
- 5.3 Smart large cooking appliance - Market size and forecast 2020-2025
- Exhibit 17: Smart large cooking appliance - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Smart large cooking appliance - Year-over-year growth 2020-2025 (%)
- 5.4 Smart refrigerator - Market size and forecast 2020-2025
- Exhibit 19: Smart refrigerator - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Smart refrigerator - Year-over-year growth 2020-2025 (%)
- 5.5 Smart small cooking appliance - Market size and forecast 2020-2025
- Exhibit 21: Smart small cooking appliance - Market size and forecast 2020-2025 ($ million)
- Exhibit 22: Smart small cooking appliance - Year-over-year growth 2020-2025 (%)
- 5.6 Smart dishwasher - Market size and forecast 2020-2025
- Exhibit 23: Smart dishwasher - Market size and forecast 2020-2025 ($ million)
- Exhibit 24: Smart dishwasher - Year-over-year growth 2020-2025 (%)
- 5.7 Market opportunity by Product
- Exhibit 25: Market opportunity by Product
6 Market Segmentation by Distribution channel
- 6.1 Market segments
- Exhibit 26: Distribution channel - Market share 2020-2025 (%)
- 6.2 Comparison by Distribution channel
- Exhibit 27: Comparison by Distribution channel
- 6.3 Offline - Market size and forecast 2020-2025
- Exhibit 28: Offline - Market size and forecast 2020-2025 ($ million)
- Exhibit 29: Offline - Year-over-year growth 2020-2025 (%)
- 6.4 Online - Market size and forecast 2020-2025
- Exhibit 30: Online - Market size and forecast 2020-2025 ($ million)
- Exhibit 31: Online - Year-over-year growth 2020-2025 (%)
- 6.5 Market opportunity by Distribution channel
- Exhibit 32: Market opportunity by Distribution channel
7 Customer landscape
- 7.1 Overview
- Exhibit 33: Customer landscape
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 34: Market share by geography 2020-2025 (%)
- 8.2 Geographic comparison
- Exhibit 35: Geographic comparison
- 8.3 North America - Market size and forecast 2020-2025
- Exhibit 36: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 37: North America - Year-over-year growth 2020-2025 (%)
- 8.4 Europe - Market size and forecast 2020-2025
- Exhibit 38: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 39: Europe - Year-over-year growth 2020-2025 (%)
- 8.5 APAC - Market size and forecast 2020-2025
- Exhibit 40: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 41: APAC - Year-over-year growth 2020-2025 (%)
- 8.6 South America - Market size and forecast 2020-2025
- Exhibit 42: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 43: South America - Year-over-year growth 2020-2025 (%)
- 8.7 MEA - Market size and forecast 2020-2025
- 8.8 Impact of COVID-19 pandemic on the market
- 8.9 Key leading countries
- Exhibit 46: Key leading countries
- 8.10 Market opportunity by geography
- Exhibit 47: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
- 9.2 Market challenges
- Exhibit 48: Impact of drivers and challenges
10 Vendor Landscape
- 10.1 Overview
- Exhibit 49: Vendor landscape
- 10.2 Landscape disruption
- Exhibit 50: Landscape disruption
- Exhibit 51: Industry risks
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 52: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 53: Market positioning of vendors
- 11.3 AB Electrolux
- Exhibit 54: AB Electrolux - Overview
- Exhibit 55: AB Electrolux - Business segments
- Exhibit 56: AB Electrolux – Key news
- Exhibit 57: AB Electrolux - Key offerings
- Exhibit 58: AB Electrolux - Segment focus
- 11.4 Breville USA Inc.
- Exhibit 59: Breville USA Inc. - Overview
- Exhibit 60: Breville USA Inc. - Product and service
- Exhibit 61: Breville USA Inc. - Key offerings
- 11.5 Haier Smart Home Co. Ltd.
- Exhibit 62: Haier Smart Home Co. Ltd. - Overview
- Exhibit 63: Haier Smart Home Co. Ltd. - Business segments
- Exhibit 64: Haier Smart Home Co. Ltd. - Key offerings
- Exhibit 65: Haier Smart Home Co. Ltd. - Segment focus
- 11.6 Koninklijke Philips NV
- Exhibit 66: Koninklijke Philips NV - Overview
- Exhibit 67: Koninklijke Philips NV - Business segments
- Exhibit 68: Koninklijke Philips NV – Key news
- Exhibit 69: Koninklijke Philips NV - Key offerings
- Exhibit 70: Koninklijke Philips NV - Segment focus
- 11.7 LG Electronics Inc.
- Exhibit 71: LG Electronics Inc. - Overview
- Exhibit 72: LG Electronics Inc. - Business segments
- Exhibit 73: LG Electronics Inc. – Key news
- Exhibit 74: LG Electronics Inc. - Key offerings
- Exhibit 75: LG Electronics Inc. - Segment focus
- 11.8 Miele & Cie. KG
- Exhibit 76: Miele & Cie. KG - Overview
- Exhibit 77: Miele & Cie. KG - Product and service
- Exhibit 78: Miele & Cie. KG - Key offerings
- 11.9 Robert Bosch GmbH
- Exhibit 79: Robert Bosch GmbH - Overview
- Exhibit 80: Robert Bosch GmbH - Business segments
- Exhibit 81: Robert Bosch GmbH – Key news
- Exhibit 82: Robert Bosch GmbH - Key offerings
- Exhibit 83: Robert Bosch GmbH - Segment focus
- 11.10 Samsung Electronics Co. Ltd.
- Exhibit 84: Samsung Electronics Co. Ltd. - Overview
- Exhibit 85: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 86: Samsung Electronics Co. Ltd. – Key news
- Exhibit 87: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 88: Samsung Electronics Co. Ltd. - Segment focus
- 11.11 Sub-Zero Group Inc.
- Exhibit 89: Sub-Zero Group Inc. - Overview
- Exhibit 90: Sub-Zero Group Inc. - Product and service
- Exhibit 91: Sub-Zero Group Inc. - Key offerings
- 11.12 Whirlpool Corp.
- Exhibit 92: Whirlpool Corp. - Overview
- Exhibit 93: Whirlpool Corp. - Business segments
- Exhibit 94: Whirlpool Corp. – Key news
- Exhibit 95: Whirlpool Corp. - Key offerings
- Exhibit 96: Whirlpool Corp. - Segment focus
12 Appendix
- 12.2 Currency conversion rates for US$
- Exhibit 97: Currency conversion rates for US$
- 12.3 Research methodology
- Exhibit 98: Research Methodology
- Exhibit 99: Validation techniques employed for market sizing
- Exhibit 100: Information sources
- 12.4 List of abbreviations
- Exhibit 101: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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