Market Research Insights

  San Francisco, 5 July 2023:  The Report   Smart Kitchen Appliances Market  Size, Share & Trends Analysis Report By Product (Smart Refrigerators, Smart Cookware & Cooktops, Smart Dishwashers, Smart Oven, Others), By Application, By Region, And Segment Forecasts, 2023 - 2030 The global smart kitchen appliances market size is expected to reach USD 60.20 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 18.3% from 2023 to 2030. The market's main development drivers include factors like rising demand for smart sensors and energy efficiency, increasing home kitchen renovation and reconstruction, a consumer shift toward making homes more technologically advanced with AI assistance, and rising disposable income. Technological advancements and the growing demand for smart homes have been significantly driving the smart kitchen appliances industry. For instance, the smar...

  San Francisco, 30 Dec 2021:   The Report  Smart Kitchen Appliances Market  Size, Share & Trends Analysis Report By Product (Smart Refrigerators, Smart Ovens), By Application (Residential, Commercial), By Region, And Segment Forecasts, 2021 - 2028 The global smart kitchen appliances market size is expected to reach USD 43.83 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 18.6% from 2021 to 2028. Customers are drawn to the new and smart kitchen appliances because they are energy-efficient, eco-friendly, and have a user-friendly interface. Furthermore, as disposable income and purchasing power rise, customers are able to increase their spending on high-end smart kitchen equipment, resulting in increased demand and market growth. Kitchen appliance manufacturers have recognized the potential of IoT and are investing time and money to build infrastructures that will allow their products to commu...