The Asia Pacific Smart Kitchen Appliances Market would witness market growth of 18.7% CAGR during the forecast period (2021-2027).
The growing urbanization across various nations of this region and the increasing living standard of the customers in this region are propelling the growth of the regional smart kitchen appliances. In addition, customers are increasing their spending on making their home and kitchen better and more lavish with advanced technology, which is contributing to the growth of the regional market over the forecast period.
The introduction of various smart kitchen appliances by the major companies in this region is attracting more customers. This would expand the market size of the companies as well as fuel the overall growth of the regional smart kitchen market. The increasing preference of the customers on home cooking due to the pandemic is encouraging customers to enhance the appeal of their kitchen and work smarter. This would further accelerate the growth of the smart kitchen appliances market.
Customers across the world have considered technological advancement as a major sign of development and are highly investing in decorating their homes, which would propel the growth of smart kitchen appliances market in the coming years. The integration of smart technology is one of the key features offered by any new appliance from dishwashers or refrigerators. These appliances are also offering personalization for all types of customer requirements and preferences.
The growth of smart kitchen appliances market would be accelerated by the advanced technology utilized in smart kitchen appliances and their additional networking functions. The high customer demand for energy-saving appliances with customer-friendly interfaces is propelling the growth of the smart kitchen appliances market. Smart kitchen appliances utilize various advanced technologies to assist customers in completing their tasks rapidly and efficiently.
The China market dominated the Asia Pacific Smart Ovens Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $533.3 million by 2027. The Japan market is showcasing a CAGR of 20.3% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 20.3% during (2021 - 2027).
Based on Product, the market is segmented into Smart Refrigerators, Smart Cookware and Cooktops, Smart Ovens, Smart Dishwashers, and Other Products. Based on Applications, the market is segmented into Residential and Commercial. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Smart Kitchen Appliances Market is Projected to reach USD 33.3 Billion by 2027, at a CAGR of 17.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BSH HausgerÄte GmbH, Whirlpool Corporation, Miele & Cie. KG, LG Electronics, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Panasonic Corporation, Koninklijke Philips N.V., GE Appliances, a Haier Company, Electrolux AB, and Daewoo Electronics Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Smart Refrigerators
- Smart Cookware and Cooktops
- Smart Ovens
- Smart Dishwashers,
- Other Products
By Application
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- BSH Hausgeräte GmbH
- Whirlpool Corporation
- Miele & Cie. KG
- LG Electronics, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Panasonic Corporation
- Koninklijke Philips N.V.
- GE Appliances, a Haier Company
- Electrolux AB
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Kitchen Appliances Market, by Product
1.4.2 Asia Pacific Smart Kitchen Appliances Market, by Application
1.4.3 Asia Pacific Smart Kitchen Appliances Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
Chapter 4. Asia Pacific Smart Kitchen Appliances Market by Product
4.1 Asia Pacific Smart Refrigerators Market by Country
4.2 Asia Pacific Smart Cookware and Cooktops Market by Country
4.3 Asia Pacific Smart Ovens Market by Country
4.4 Asia Pacific Smart Dishwashers Market by Country
4.5 Asia Pacific Other Product Market by Country
Chapter 5. Asia Pacific Smart Kitchen Appliances Market by Applications
5.1 Asia Pacific Residential Market by Country
5.2 Asia Pacific Commercial Market by Country
Chapter 6. Asia Pacific Smart Kitchen Appliances Market by Country
6.1 China Smart Kitchen Appliances Market
6.1.1 China Smart Kitchen Appliances Market by Product
6.1.2 China Smart Kitchen Appliances Market by Applications
6.2 Japan Smart Kitchen Appliances Market
6.2.1 Japan Smart Kitchen Appliances Market by Product
6.2.2 Japan Smart Kitchen Appliances Market by Applications
6.3 India Smart Kitchen Appliances Market
6.3.1 India Smart Kitchen Appliances Market by Product
6.3.2 India Smart Kitchen Appliances Market by Applications
6.4 South Korea Smart Kitchen Appliances Market
6.4.1 South Korea Smart Kitchen Appliances Market by Product
6.4.2 South Korea Smart Kitchen Appliances Market by Applications
6.5 Singapore Smart Kitchen Appliances Market
6.5.1 Singapore Smart Kitchen Appliances Market by Product
6.5.2 Singapore Smart Kitchen Appliances Market by Applications
6.6 Malaysia Smart Kitchen Appliances Market
6.6.1 Malaysia Smart Kitchen Appliances Market by Product
6.6.2 Malaysia Smart Kitchen Appliances Market by Applications
6.7 Rest of Asia Pacific Smart Kitchen Appliances Market
6.7.1 Rest of Asia Pacific Smart Kitchen Appliances Market by Product
6.7.2 Rest of Asia Pacific Smart Kitchen Appliances Market by Applications
Chapter 7. Company Profiles
7.1 BSH Hausgeräte GmbH (Robert Bosch Group)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.2 Whirlpool Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.5.3 Acquisition and Mergers:
7.3 Miele & Cie. KG
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.3.2.2 Product Launches and Product Expansions:
7.4 LG Electronics, Inc. (LG Corporation)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional & Segmental Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent Strategies and Developments:
7.4.5.1 Partnerships, Collaborations and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.5 Samsung Electronics Co., Ltd. (Samsung Group)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent Strategies and Developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Panasonic Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 Koninklijke Philips N.V.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.8 GE Appliances, a Haier Company
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Partnerships, Collaborations, and Agreements:
7.8.2.2 Product Launches and Product Expansions:
7.9 Electrolux AB
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.2.2 Product Launches and Product Expansions:
7.9.2.3 Acquisition and Mergers:
7.10. Daewoo Electronics Corporation
7.10.1 Company Overview
TABLE 1 Asia Pacific Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Kitchen Appliances Market
TABLE 4 Product Launches And Product Expansions– Smart Kitchen Appliances Market
TABLE 5 Acquisition and Mergers– Smart Kitchen Appliances Market
TABLE 6 Asia Pacific Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Smart Refrigerators Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Smart Refrigerators Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Smart Cookware and Cooktops Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Smart Cookware and Cooktops Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Smart Ovens Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Smart Ovens Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Smart Dishwashers Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Smart Dishwashers Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Other Product Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Other Product Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Residential Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Residential Market by Country, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Commercial Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Commercial Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Smart Kitchen Appliances Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Smart Kitchen Appliances Market by Country, 2021 - 2027, USD Million
TABLE 26 China Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 27 China Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 28 China Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 29 China Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 30 China Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 31 China Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 32 Japan Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 33 Japan Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 34 Japan Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 35 Japan Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 36 Japan Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 37 Japan Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 38 India Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 39 India Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 40 India Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 41 India Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 42 India Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 43 India Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 44 South Korea Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 45 South Korea Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 46 South Korea Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 47 South Korea Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 48 South Korea Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 49 South Korea Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 50 Singapore Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 51 Singapore Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 52 Singapore Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 53 Singapore Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 54 Singapore Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 55 Singapore Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 56 Malaysia Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 57 Malaysia Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 58 Malaysia Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 59 Malaysia Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 60 Malaysia Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 61 Malaysia Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 62 Rest of Asia Pacific Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 63 Rest of Asia Pacific Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 64 Rest of Asia Pacific Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 65 Rest of Asia Pacific Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 66 Rest of Asia Pacific Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 67 Rest of Asia Pacific Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 68 Key Information – BSH Hausgeräte GmbH
TABLE 69 Key information – Whirlpool Corporation
TABLE 70 Key Information – Miele & Cie. KG
TABLE 71 Key information – LG Electronics, Inc.
TABLE 72 Key Information –Samsung Electronics Co., Ltd.
TABLE 73 Key Information – Panasonic Corporation
TABLE 74 Key Information – Koninklijke Philips N.V.
TABLE 75 Key Information – GE Appliances, a Haier company
TABLE 76 Key Information – Electrolux AB
TABLE 77 Key Information – Daewoo Electronics Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
FIG 5 Recent strategies and developments: Whirlpool Corporation
FIG 6 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 7 Recent strategies and developments: Panasonic Corporation
FIG 8 SWOT Analysis: Panasonic Corporation
FIG 9 Recent strategies and developments: GE Appliances, a Haier Group Company
FIG 10 Recent strategies and developments: Electrolux AB