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Smart Kitchen - Global Market Trajectory & Analytics

  • ID: 5140165
  • Report
  • September 2020
  • Region: Global
  • 116 pages
  • Global Industry Analysts, Inc
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Global Smart Kitchen Market to Reach $103.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Smart Kitchen estimated at US$4.3 Billion in the year 2020, is projected to reach a revised size of US$103.9 Billion by 2027, growing at a CAGR of 57.8% over the analysis period 2020-2027. Smart Refrigerators, one of the segments analyzed in the report, is projected to record a 61.4% CAGR and reach US$63 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Smart Cookware & Cooktops segment is readjusted to a revised 58.4% CAGR for the next 7-year period.

The U. S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 54.7% CAGR

The Smart Kitchen market in the U. S. is estimated at US$1.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$16.1 Billion by the year 2027 trailing a CAGR of 54.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 52.2% and 48.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 38.2% CAGR.

Smart Dishwashers Segment to Record 51.3% CAGR

In the global Smart Dishwashers segment, USA, Canada, Japan, China and Europe will drive the 51.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$752.6 Million in the year 2020 will reach a projected size of US$13.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$12.7 Billion by the year 2027. We bring years of research experience to this 8th edition of our report. The 116-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Dacor, Inc.
  • Electrolux AB
  • GE Appliances
  • Haier Group
  • LG Electronics Inc.
  • MIRC Electronics Ltd. (Onida)
  • Samsung Electronics Co., Ltd.
  • Sectorqube Inc.
  • Whirlpool Corporation
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Global Competitor Market Shares
  • Smart Kitchen Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: Smart Kitchen Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
  • TABLE 2: Smart Kitchen Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
  • TABLE 3: Smart Refrigerators (Product) World Market by Region/Country in US$ Million: 2020 to 2027
  • TABLE 4: Smart Refrigerators (Product) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
  • TABLE 5: Smart Cookware & Cooktops (Product) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
  • TABLE 6: Smart Cookware & Cooktops (Product) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
  • TABLE 7: Smart Dishwashers (Product) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
  • TABLE 8: Smart Dishwashers (Product) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
  • TABLE 9: Other Products (Product) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
  • TABLE 10: Other Products (Product) Market Share Breakdown by Region/Country: 2020 VS 2027
III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Smart Kitchen Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
  • TABLE 11: United States Smart Kitchen Market Estimates and Projections in US$ Million by Product: 2020 to 2027
  • TABLE 12: United States Smart Kitchen Market Share Breakdown by Product: 2020 VS 2027
CANADA
  • TABLE 13: Canadian Smart Kitchen Market Estimates and Forecasts in US$ Million by Product: 2020 to 2027
  • TABLE 14: Smart Kitchen Market in Canada: Percentage Share Breakdown of Sales by Product for 2020 and 2027
JAPAN
  • TABLE 15: Japanese Market for Smart Kitchen: Annual Sales Estimates and Projections in US$ Million by Product for the Period 2020-2027
  • TABLE 16: Japanese Smart Kitchen Market Share Analysis by Product: 2020 VS 2027
CHINA
  • TABLE 17: Chinese Smart Kitchen Market Growth Prospects in US$ Million by Product for the Period 2020-2027
  • TABLE 18: Chinese Smart Kitchen Market by Product: Percentage Breakdown of Sales for 2020 and 2027
EUROPE
  • Market Facts & Figures
  • European Smart Kitchen Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
  • TABLE 19: European Smart Kitchen Market Demand Scenario in US$ Million by Region/Country: 2018-2025
  • TABLE 20: European Smart Kitchen Market Share Shift by Region/Country: 2020 VS 2027
  • TABLE 21: European Smart Kitchen Market Estimates and Forecasts in US$ Million by Product: 2020-2027
  • TABLE 22: European Smart Kitchen Market Share Breakdown by Product: 2020 VS 2027
FRANCE
  • TABLE 23: Smart Kitchen Market in France by Product: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 24: French Smart Kitchen Market Share Analysis by Product: 2020 VS 2027
GERMANY
  • TABLE 25: Smart Kitchen Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product for the Period 2020-2027
  • TABLE 26: German Smart Kitchen Market Share Breakdown by Product: 2020 VS 2027
ITALY
  • TABLE 27: Italian Smart Kitchen Market Growth Prospects in US$ Million by Product for the Period 2020-2027
  • TABLE 28: Italian Smart Kitchen Market by Product: Percentage Breakdown of Sales for 2020 and 2027
UNITED KINGDOM
  • TABLE 29: United Kingdom Market for Smart Kitchen: Annual Sales Estimates and Projections in US$ Million by Product for the Period 2020-2027
  • TABLE 30: United Kingdom Smart Kitchen Market Share Analysis by Product: 2020 VS 2027
REST OF EUROPE
  • TABLE 31: Rest of Europe Smart Kitchen Market Estimates and Forecasts in US$ Million by Product: 2020-2027
  • TABLE 32: Rest of Europe Smart Kitchen Market Share Breakdown by Product: 2020 VS 2027
ASIA-PACIFIC
  • TABLE 33: Smart Kitchen Market in Asia-Pacific by Product: Estimates and Projections in US$ Million for the Period 2020-2027
  • TABLE 34: Asia-Pacific Smart Kitchen Market Share Analysis by Product: 2020 VS 2027
REST OF WORLD
  • TABLE 35: Rest of World Smart Kitchen Market Estimates and Forecasts in US$ Million by Product: 2020 to 2027
  • TABLE 36: Smart Kitchen Market in Rest of World: Percentage Share Breakdown of Sales by Product for 2020 and 2027
IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown
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