AI Enabled Kitchen Appliances Market Size Share Companies & Trends Analysis Report By Product (Refrigerator, Ovens, Cook tops, & Ranges, Dishwasher, Others), By Technology (Wi-Fi (Wireless Fidelity), NFC (Near Field Communication), Bluetooth), By Distribution (Specialty Stores, Hypermarkets & Supermarkets, Online Channels), By End-User (Residential, Commercial), Based On Region And Segment Forecasts 2022 - 2028

  • Report ID: BMRC 1472 | Number of pages: 200 | Published Date: Mar 2021

    Published | Category: Consumer Goods | Delivery Timeline: 48 hrs

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Market Size Forecast Scenarios (Optimistic, Baseline and Pessimistic) 2021-2027

AI Enabled Kitchen Appliances Market is Expected to Grow with a CAGR of 25.8% over the Forecast Period. Increasing working population along with technological developments to manufacture more innovative kitchen appliances globally is anticipated to drive the Global AI Enabled Kitchen Appliances Market.

Scope of Global AI Enabled Kitchen Appliances Market Report:

AI enabled kitchen appliances are the kitchen devices utilizing technology to communicate with owner or with other appliances remotely using tablet or smartphone. The appliances are equipped with advanced technology to understand the specific requirement of owner or day cycle such as off peak load period, reminder, automatic shutdown, etc. The implementation of automization connects the devices together where ones signal can be understood by other appliance which reduces the human efforts to a great extent. The AI enabled appliances has been in demand due to increasing working population & growing hectic schedule so that individual can do multiple tasks at a time & complete it fast. Voice assistant is emerging technologies where people can use smart devices with help of Alexa, Ok Goggle, Siri to start and stop the equipment from bed.

 

 

The decision making of appliance is a result of AI implementation with thinking capability to learn from the environment for controlling the process. The problem with AI enabled kitchen appliances is the cost to the customer which reduces the chances of adoption mostly to developed economy & a certain niche market in developing nations. These appliances can play important role in individual’s life with increased productivity by reducing repetitive work & more focused work life to achieved life goals.

During Covid-19 pandemic, the governments have imposed the movement restrictions around the globe which results in reduced home help & increased self dependence which resulted in significant rise in demand for the AI enabled kitchen appliances. The growing population with increased working individuals will lead the market growth due to busy life schedule & increased advanced technology adoption.

 

Report Analysis Details
Historical data 2018 - 2021
Forecast Period 2022 - 2028
Market Size in 2020: XX
Base year considered 2021
Forecast Period CAGR %: 25.80 %
Market Size Expected in 2027: XX
Tables, Charts & Figures: 175
Pages 200
Key Players/Companies GE Appliances, Whirlpool, LG Electronics, Robert Bosch, Koninklijke Philips N.V., Kenmore, Samsung, Panasonic, Electrolux, June Oven, Smarter and others
Segments Covered By Product, By Technology, By Distribution, By End-User
Regional Analysis North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

 

Global AI enabled kitchen appliances market report is segmented on the basis of product, technology, distribution, end-user and region & country level. Based upon product, global AI enabled kitchen appliances market is classified into refrigerator, ovens, cook tops, & ranges, dishwasher and others. Based upon technology, the market is divided into Wi-Fi, NFC, and bluetooth. Based upon distribution, global AI enabled kitchen appliances market is divided into specialty stores, hypermarkets & supermarkets and online channels. Based upon end-user, the market is divided into residential and commercial.

Global AI Enabled Kitchen Appliances Market Segmentation:

By Product:

  • Refrigerator
  • Ovens, Cook tops, & Ranges
  • Dishwasher
  • Others

By Technology:

  • Wi-Fi (Wireless Fidelity)
  • NFC (Near Field Communication)
  • Bluetooth

By Distribution:

  • Specialty Stores
  • Hypermarkets & Supermarkets
  • Online Channels

 By End-User:

  • Residential
  • Commercial

The regions covered in global AI enabled kitchen appliances market report are North America, Europe, Asia-Pacific, Latin America and Rest of the World. On the basis of country level, the market of global AI enabled kitchen appliances is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, India, Japan, South East Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.

AI Enabled Kitchen Appliances Market Key Players:

  • GE Appliances
  • Whirlpool 
  • LG Electronics 
  • Robert Bosch 
  • Koninklijke Philips N.V. 
  • Kenmore 
  • Samsung 
  • Panasonic 
  • Electrolux 
  • June Oven 
  • Smarter
  • Others.

News: SpaceMax Family Hub Smart Refrigerator has been Launched in India by Samsung.

On July 13th 2020; Samsung launched its new line of smart series of refrigerator SpaceMax family hub. It comes with the inbuilt camera to take a quick peek inside with multi finger swipe down screen on galaxy phones & people with other phone can use Family Hub app to see inside remotely. It helps in shopping list creation, expiry date labeling & reminder for stocking, Meal planner which analyzes stock & suggest relevant food recipe. It comes with 21.5 inch FHD touch screen with 25 watt speakers for audio & videos for cooking or song.

Increasing Working Population & Growing Technological Advancements to Manufacture More Innovative Kitchen Appliances are Some of the Major Factors Driving the Market Growth.

The major factor driving the growth of global AI enabled kitchen appliances market is the growing working population globally. The rising working population with higher rate in developing economies is expected to increase the demand for AI enabled kitchen appliances. According to World Bank; working population growth from 2019-20 was 32 million with Asia Pacific more than 12 million. In addition, the growing technological developments in the area of kitchen appliances will help individual in reduced repetitive with fast & easy service will result in increased demand. Furthermore, increasing adoption of technology such as smartphone, and others will provide better efficiency and reduce the working cost and foster the market growth.

However, high cost of the AI enabled kitchen appliances may hinder the market growth. The latest technology is coupled with high cost which makes it limited to niche market. In spite of that, growing use of AI enabled kitchen appliances in the commercial sector such as restaurant where customer service need to be fast & it’s easy for restaurant to afford it may create more opportunity for the further growth of the market.

North America is Anticipated to Dominate the Global AI Enabled Kitchen Appliances Market

On the basis of region, the global AI enabled kitchen appliances market is divided into North America, Europe, Asia-Pacific Latin America and Middle East & Africa. North America is expected to dominate the global AI enabled kitchen appliances market within the forecast period due to early adoption of new technology, high disposable income & lifestyle and increased awareness regarding these products in this region. The region has most working population around the globe which results in increased disposable income with growing independent lifestyle leads to the market growth in this region. According to World Bank; the per capita income for this region is $ 51896 for 2018. In addition, presence of global players such as such as GE, Whirlpool and etc. in this region is also supplementing the market growth.

Asia Pacific is the fastest growing region & anticipated to witness a significant growth in the global AI enabled kitchen appliances market due to its developing economies such as China, India, etc. The developing economies will result in developed infrastructure; increased working population along with rise in disposable income will supplement the market growth in this region. 

On Special Requirement AI Enabled Kitchen Appliances Market Report is also available for below region:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherland
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest Of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest Of MEA

Key Benefits for Global AI Enabled Kitchen Appliances Market Report

  • Global AI enabled kitchen appliances market report covers in-depth historical and forecast analysis.
  • Global AI enabled kitchen appliances market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
  • Global AI enabled kitchen appliances market report helps to identify opportunities in marketplace.
  • Global AI enabled kitchen appliances market report covers extensive analysis of emerging trends and competitive landscape.


Frequently Asked Questions (FAQ) :
Global AI Enabled Kitchen Appliances Market is Expected to Grow with a CAGR of 25.8% over the Forecast Period.
North America is expected to dominate the global AI enabled kitchen appliances market within the forecast period due to early adoption of new technology, high disposable income & lifestyle and increased awareness regarding these products in this region
Increasing Working Population & Growing Technological Advancements to Manufacture More Innovative Kitchen Appliances are Some of the Major Factors Driving the Market Growth.
GE Appliances, Whirlpool, LG Electronics, Robert Bosch, Koninklijke Philips N.V., Kenmore, Samsung, Panasonic, Electrolux, June Oven, Smarter and others



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AI Enabled Kitchen Appliances Market Analysis by Product, By Technology, By Distribution, By End-User

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AI Enabled Kitchen Appliances Market Size Share Companies & Trends Analysis Report By Product (Refrigerator, Ovens, Cook tops, & Ranges, Dishwasher, Others), By Technology (Wi-Fi (Wireless Fidelity), NFC (Near Field Communication), Bluetooth), By Distribution (Specialty Stores, Hypermarkets & Supermarkets, Online Channels), By End-User (Residential, Commercial), Based On Region And Segment Forecasts 2022 - 2028

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