DUBLIN–(BUSINESS WIRE)–The “Global Smart Connected Cooking Appliances Market 2024-2028” report has been added to ResearchAndMarkets.com’s offering.
The most recent study on the Smart Connected Cooking Appliances market indicates a bullish growth trajectory, with an anticipated surge of USD 19.62 billion between 2023 and 2028. The market is expected to accelerate at a considerable compound annual growth rate (CAGR) of 26.58% over the forecast period, signifying a robust expansion of an already dynamic sector.
In an era where convenience is king, it comes as no surprise that the market is being propelled by innovative product and technology developments, increasing adoption of smart home systems, and the enhanced ease of use that these smart appliances offer. The shift toward more connected living environments is solidifying the position of smart cooking appliances as cornerstones of modern kitchens.
An increasing penchant for modular kitchens is cited as a key driver influencing market momentum in coming years. Furthermore, the inception of multi-cooking functionalities and compatibility with voice-controlled personal assistants are expected to create substantial demand within the market.
The industry analysis includes an exhaustive review of market leaders and innovators, who are bound to shape the trajectory of the smart connected cooking appliances landscape. The meticulous vendor analysis within the report is intended to equip stakeholders with strategic insights to bolster their market position.
Emerging Trends and Growth Opportunities in Smart Cooking
The advent of voice-controlled kitchen appliances and the evolution of modular kitchens are forming the nexus of growth in the smart connected cooking appliances sector. As the capabilities of these high-tech devices expand, they are setting the stage for more intuitive and efficient kitchen experiences.
Vendors within the space are continuously evolving, catering to the nuances of consumer preferences and integrating cutting-edge technologies. These advancements spotlight the industry’s commitment to innovation and customer satisfaction.
The smart connected cooking appliances market is on the cusp of transformation, promising an amalgamation of sophisticated technology, enhanced user friendliness, and seamless integration into the smart home ecosystem. This comprehensive report serves as a guiding beacon, illuminating the pathways to growth and facilitating informed decision-making for industry stakeholders and participants.
Scope of the Report
Segments the market into:
- Offline
- Online
Across end-users, the delineation is clear:
- Residential
- Commercial
The geographical dissection of the market showcases regional trends and opportunities:
- North America
- Europe
- Asia-Pacific (APAC)
- South America
- Middle East and Africa (MEA)
A selection of companies mentioned in this report includes
- Behmor Inc.
- Breville Pty Ltd
- Daewoo Electricals
- Electrolux Professional AB
- Haier Smart Home Co. Ltd.
- Hindware Home Innovation Ltd.
- June Life Inc.
- Koninklijke Philips N.V.
- Legrand SA
- LG Electronics Inc.
- MIDEA Group Co. Ltd.
- Miele and Cie. KG
- Mitsubishi Electric Corp.
- Newell Brands Inc.
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Sharp Corp.
- Smarter Applications Ltd.
- Whirlpool Corp.
For more information about this report visit https://www.researchandmarkets.com/r/u68grm
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