The global market for Smart Cooking Appliances was estimated at US$10.6 Billion in 2024 and is projected to reach US$35.4 Billion by 2030, growing at a CAGR of 22.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Smart Cooking Appliances market.
Global Smart Cooking Appliances Market - Key Trends and Drivers Summarized
How Are Smart Cooking Appliances Transforming the Kitchen Experience?
Smart cooking appliances are revolutionizing the modern kitchen by offering convenience, energy efficiency, and enhanced control through digital connectivity. These appliances, which include smart ovens, induction cooktops, microwaves, and slow cookers, can be remotely controlled and monitored via smartphone apps or voice commands through virtual assistants like Amazon Alexa and Google Assistant. Smart cooking devices come equipped with features such as pre-programmed cooking settings, self-cleaning functions, and real-time monitoring of cooking progress. They also provide users with personalized cooking recommendations based on dietary preferences and ingredient availability. As more consumers embrace connected home technologies, smart cooking appliances are becoming an essential part of the smart home ecosystem, making cooking easier, more precise, and more enjoyable.How Is the Smart Cooking Appliances Market Segmented and Applied?
The smart cooking appliances market can be segmented by product type, including smart ovens, smart microwaves, smart cooktops, and connected cookware. Smart ovens and microwaves hold a significant share of the market due to their versatility and high consumer demand. The market can also be segmented by distribution channel, including online platforms and brick-and-mortar stores, with e-commerce gaining traction as consumers increasingly turn to online shopping for convenience and access to a wider range of products. In terms of application, residential kitchens represent the largest end-use market, although commercial kitchens are increasingly adopting smart appliances to streamline cooking processes and improve efficiency. Geographically, North America and Europe are the leading markets due to high consumer awareness and the widespread adoption of smart home technologies.How Are Technological Innovations Shaping the Future of Smart Cooking Appliances?
Technological advancements are at the forefront of the smart cooking appliances market, enhancing their capabilities and user experience. The integration of AI-powered recipe recommendation systems is enabling appliances to suggest personalized meal plans based on users’ dietary preferences and cooking habits. Smart sensors and cameras embedded in ovens and cooktops allow for real-time monitoring and automatic adjustments to cooking settings, ensuring precision and reducing the risk of overcooking or burning food. Voice-controlled appliances are also gaining popularity, enabling hands-free operation and seamless integration with smart home ecosystems. Additionally, energy-efficient technologies, such as induction cooking, are becoming more common in smart cooking appliances, appealing to environmentally conscious consumers seeking sustainable kitchen solutions.What Factors Are Driving the Growth in the Smart Cooking Appliances Market?
The growth in the smart cooking appliances market is driven by several factors, including the increasing consumer demand for convenience, connectivity, and energy efficiency in home appliances. The rise of smart home ecosystems and the growing adoption of IoT technologies are fueling the integration of cooking appliances into connected home networks. Technological advancements, such as AI-powered meal planning, real-time cooking monitoring, and voice-controlled operations, are further enhancing the appeal of smart cooking devices. Additionally, the growing trend toward health-conscious cooking and personalized meal planning is driving demand for appliances that offer precise cooking control and dietary customization. The expansion of online retail channels and the increasing affordability of smart appliances are also contributing to the market’s growth.SCOPE OF STUDY:
The report analyzes the Smart Cooking Appliances market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Type (Ranges, Ovens, Other Types); Distribution Channel (Offline Distribution Channel, Online Distribution Channel); End-Use (Residential End-Use, Commercial End-Use)
- Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Ranges segment, which is expected to reach US$16.9 Billion by 2030 with a CAGR of a 23.2%. The Ovens segment is also set to grow at 21.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $2.8 Billion in 2024, and China, forecasted to grow at an impressive 30.8% CAGR to reach $9.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Smart Cooking Appliances Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Smart Cooking Appliances Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Smart Cooking Appliances Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Buffalo Cookware, Carysil Limited, DREO, Electrolux AB, ILCAR di Bugatti Srl and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 39 companies featured in this Smart Cooking Appliances market report include:
- Buffalo Cookware
- Carysil Limited
- DREO
- Electrolux AB
- ILCAR di Bugatti Srl
- Instant Brands Inc. (Instant Pot)
- Kenwood Limited
- Koninklijke Philips NV
- LG Electronics, Inc.
- Panasonic Corporation
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
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:
- Buffalo Cookware
- Carysil Limited
- DREO
- Electrolux AB
- ILCAR di Bugatti Srl
- Instant Brands Inc. (Instant Pot)
- Kenwood Limited
- Koninklijke Philips NV
- LG Electronics, Inc.
- Panasonic Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 366 |
Published | July 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 10.6 Billion |
Forecasted Market Value ( USD | $ 35.4 Billion |
Compound Annual Growth Rate | 22.3% |
Regions Covered | Global |