Global Smart Kitchen Market to Reach $429.7 Billion by 2030
The global market for Smart Kitchen estimated at US$11.1 Billion in the year 2022, is projected to reach a revised size of US$429.7 Billion by 2030, growing at a CAGR of 58% over the analysis period 2022-2030. Smart Refrigerators, one of the segments analyzed in the report, is projected to record 61.2% CAGR and reach US$275 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Smart Cookware & Cooktops segment is readjusted to a revised 58.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $3.7 Billion, While China is Forecast to Grow at 54.2% CAGR
The Smart Kitchen market in the U.S. is estimated at US$3.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$61.4 Billion by the year 2030 trailing a CAGR of 54.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 51.6% and 48% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 37.7% CAGR.Select Competitors (Total 46 Featured) -
- Dacor, Inc.
- Electrolux AB
- GE Appliances
- Haier Group
- LG Electronics Inc.
- MIRC Electronics Ltd. (Onida)
- Samsung Electronics Co., Ltd.
- Sectorqube Inc.
- Whirlpool Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Dacor, Inc.
- Electrolux AB
- GE Appliances
- Haier Group
- LG Electronics Inc.
- MIRC Electronics Ltd. (Onida)
- Samsung Electronics Co., Ltd.
- Sectorqube Inc.
- Whirlpool Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 296 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 11.1 Billion |
Forecasted Market Value ( USD | $ 429.7 Billion |
Compound Annual Growth Rate | 57.9% |
Regions Covered | Global |