Global Smart Kitchen Appliance Market 2019-2023 | Growing Demand for Premium Innovative Appliances to Boost Growth | Technavio

Technavio has been monitoring the global smart kitchen appliance market and it is poised to grow by USD 15.99 bn during 2019-2023, progressing at a CAGR of 23% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio announced its latest market research report titled global smart kitchen appliance market 2019-2023. (Graphic: Business Wire)

Growing demand for premium innovative appliances has been instrumental in driving the growth of the market. However, high cost of installations might hamper market growth. Request a free sample report

Smart Kitchen Appliance Market 2019-2023: Segmentation

Product

• Smart large cooking appliance
• Smart refrigerator
• Smart small cooking appliance
• Smart dishwasher

Geographic segmentation

• Americas
• APAC
• EMEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30452

Smart Kitchen Appliance Market 2019-2023: Scope

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 size
• Smart Kitchen Appliance Market trends
• Smart Kitchen Appliance Market industry analysis

This study identifies advent of multi-cooking functionalities in smart cooking appliances as one of the prime reasons driving the smart kitchen appliance market growth during the next few years.

Smart Kitchen Appliance Market 2019-2023: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the smart kitchen appliance market, including some of the vendors such as Haier Group, LG Electronics, Robert Bosch, Samsung Electronics and Whirlpool Corporation. Backed with competitive intelligence and benchmarking, our research reports on the smart kitchen appliance market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Smart Kitchen Appliance Market 2019-2023: Key Highlights

• CAGR of the market during the forecast period 2019-2023
• 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

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200124005172/en/