AI-enabled Kitchen Appliances Market - Global Outlook and Forecast 2019-2024

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AI-ENABLED KITCHEN APPLIANCES MARKET SIZE TO REACH USD 600 MILLION BY 2024, GROWING AT CAGR OF 49% DURING THE FORECAST PERIOD

AI-enabled Kitchen Appliances Market Size, Share, Trends Report Analysis by Product Type (refrigerator, ovens, cooktops, & ranges, dishwasher, and others), Distribution (specialty stores, hypermarkets & supermarkets, and online channels), Geography (APAC, North America, Europe, Latin America, and MEA), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2024
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AI-ENABLED KITCHEN APPLIANCES MARKET REPORT SCOPE

REPORT ATTRIBUTEDETAILS
MARKET SIZE (REVENUE)USD 600 MILLION (2024)
CAGR49% (2019-2024)
BASE YEAR2018
FORECAST YEAR2019-2024
MARKET SEGMENTSProduct type (refrigerator, ovens, cooktops, & ranges, dishwasher, and others), by distribution (specialty stores, hypermarkets & supermarkets, and online channels)
GEOGRAPHIC ANALYSISAPAC, North America, Europe, Latin America, and MEA
COUNTRIES COVEREDUS, Canada, Germany, UK, France, China, Japan, South Korea, Saudi Arabia, UAE, Brazil, and Mexico
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INDUSTRY INSIGHTS

The emergence of home automation technology is revolutionizing and fueling the demand for innovative solutions in the global AI-enabled kitchen appliances market. The integration of home automation solutions will enable the control, management, and coordination of home appliances in a comfortable, effective, and secure manner in the global market. Implementing AI can provide a better solution to home automation as it can perceive and learn from the environment making decisions on case-based reasoning in the market. The launch of various AI-enabled devices such as smart speakers, TV, smart security, air conditioner, microwaves, refrigerators, and several other appliances is transforming the global market. Various countries such as US, Germany, the UK, Japan, South Korea, and Japan are the leading adopters of AI appliances in the global market. The rapid advancements of AI, IoT, machine learning, and technologies will enable manufacturers to launch innovative appliances in the market. The increasing awareness and changes in consumer preferences will lead to the growing demand for these AI-based solutions in the global market. The innovations in technology are leading to smarter and more intelligent kitchen appliances, which are capable of handling tasks such as recommending recipe and reordering groceries which the users want in the market. The remodeling of the home kitchen is expected to increase between 70% to 120%, thereby resulting in higher sales in the global AI-enabled kitchen appliances market.

Leading vendors such as Samsung, LG, KitchenAid are investing in AI enabled smart appliances such as smart refrigerators, ovens, and dishwashers to attract the maximum number of consumers in the global market. The expansion, growth, and popularity of smart home devices and use of AI assistants such as Alexa, Siri, and Ok Google to start or stop kitchen appliances will augment the transformation of the market. The global AI-enabled kitchen appliances market is anticipated to reach revenues of more than $600 million by 2024, growing at a CAGR of more than 49% during 2018-2024.

AI-ENABLED KITCHEN APPLIANCES MARKET TRENDS & DRIVERS

The growing sales voice-enabled smart speakers is driving the exponential demand for smart appliances and other products in the global AI-enabled kitchen appliances market. Voice assistant technology is one of the most fast-emerging technology in the worldwide market. The voice control technology is also expanding to other platforms such as connected microwaves, dishwashers, refrigerators, TV, and other household appliances in the global market. The exponential increase sales of smart speakers will drive the sales of smart appliances in the market. The US, the UK, Spain, Germany, Australia, India, Japan, and South Korea are adopting the use of voice control appliances in the market. The use of voice-enabled devices has almost become the mainstream appliance in some of the Asian countries such as China, Japan, and Korea in the market. Moreover, Samsung recently introduced voice assistant Bixby on its TV as well as its refrigerator. Such innovations will fuel the development of the global AI-enabled kitchen appliances market over the next few years.

AI-ENABLED KITCHEN APPLIANCES MARKET SEGMENTATION

This market research report includes a detailed segmentation of the market by

  • Product type
  • Distribution
  • Geography

 AI-ENABLED KITCHEN APPLIANCES MARKET – BY PRODUCT TYPE

 Sensor, food-recognition camera and automatic cooking facility in cooktops, oven, & ranges will drive the global AI-enabled kitchen appliances market

The global AI-enabled kitchen appliances market by product type is segmented into refrigerator, ovens, cooktops, & ranges, dishwasher, and others. Oven, cooktops, & ranges segment dominated the largest market share in 2018, growing at a CAGR of more than 53% during the forecast period. The introduction of portable cooktop that consists of an induction cooktop, multi-sensor probe, and a mobile app is fueling the growth of this segment in the global market. These intelligent cooktops can measure, weight, size, structure, and also the composition of fat, protein, and carbohydrate content in the food using sensors and artificial intelligence. The vendors are leveraging innovative technologies to launch smart appliances such as cooktops, microwaves, and other kitchen appliances in the global market. A connected oven recommends recipes, change temperature, and other settings to reduce the discrepancies and provide a perfect meal every time. The launch of cooktops, ovens, and ranges with the sensor, food-recognition camera, and the automatic cooking facility will revolutionize the global AI-enabled kitchen appliances market over the next few years.

The AI refrigerators use barcode or RFID scanning to keep track of the stock, and it can notify the user remotely on how old the product is and maintains a list of items which the user might want to purchase as soon as it turns old. The use of voice-controlled dishwashers for actions such as starting a program remotely or receiving wash cycle alerts or asking for advice will result in the evolution of the global AI-enabled kitchen appliances market.

AI-ENABLED KITCHEN APPLIANCES MARKET – BY DISTRIBUTION 

Specialty stores offer trust and product authenticity to end-users in the global AI-enabled kitchen appliances market

The distribution channel segment in the global AI-enabled kitchen appliances market is divided into specialty stores, hypermarkets & supermarkets, and online channels. Specialty stores occupied more than 1/3rd of the total market share in 2018. The easy availability of various kitchen and household appliances across specialty stores is driving the growth of this segment in the global market. These stores are a one-stop destination for all kinds of home appliances.

Additionally, buying goods from specialty stores give consumers a sense of trust and product authenticity that encourages vendors to use this as their primary distribution network in the market. In North America, Walmart, Costco, and Kroger are the major retailers for kitchen appliances. Large retail companies are expanding their product portfolios to boost their global AI-enabled kitchen appliances market share.

The increasing focus on enhancing digital economies by increasing internet penetration and deploying LTE networks is driving the demand for online stores in the global market. The growing awareness about technological innovations related to cooking technologies, modular kitchens, and home and kitchen decor is driving the demand for innovative kitchen appliances in the global AI-enabled kitchen appliances market.

AI-ENABLED KITCHEN APPLIANCES MARKET – BY GEOGRAPHY 

China, Japan, and South Korea are the major revenue contributors across the APAC region in the global AI-enabled kitchen appliances market

The global AI-enabled kitchen appliances market by geography is classified into APAC, North America, Europe, Latin America, and MEA. APAC is the fastest growing region in the global market, at a CAGR of more than 58% during the forecast period. The rising investments in AI R&D, government initiatives, and high consumer adoption are some of the primary factors attributing to the growth of the APAC region in the global market. China, Japan, and South Korea are major revenue contributors in the APAC market. India, Singapore, and Australia are also rapidly adapting AI technologies owing to changing consumer preferences, rising disposable income, and increasing purchasing power. The increasing focus on reducing energy costs and the launch of technologically advanced products will contribute to the development of the APAC region over the next few years. The implementation of stringent energy norms and regulations will boost the demand for energy efficient smart appliances across the APAC region and propel sales in the global AI-enabled kitchen appliances market.

The adoption of technological advancement, the presence of a large number of major players, and increasing disposable income is driving the growth of the North American region in the global market. Germany forms the largest region for these appliances, followed by the UK and France in the market. High per capita income, high living standards, construction of luxurious villas and residential spaces, and adoption of innovative technologies will boost the demand across the Middle East in the global AI-enabled kitchen appliances market.

AI-enabled kitchen appliances market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:

 Product Type 

  • Refrigerator
  • Ovens, Cooktops, & Ranges
  • Dishwasher
  • Others

Distribution

  • Specialty Stores
  • Hypermarkets & Supermarkets
  • Online Channels

Geography 

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
  • APAC
    • China
    • Japan
    • South Korea
  • MEA
    • Saudi Arabia
    • UAE
  • Latin America
    • Brazil
    • Mexico

Frequently Asked Questions

What is the AI-enabled kitchen appliances market size and growth forecast?

AI-enabled kitchen appliances market size is expected to reach revenues of over USD 600 million by 2024 and will grow at an impressive CAGR of more than 49% 2018–2024.

What are the factors impacting the growth of the AI-enabled kitchen appliances market?

Voice assistant technology is one of the most fast-emerging technology in the worldwide market.

Who are the key players in the AI-enabled kitchen appliances market?

The key players are GE Appliances, Whirlpool, LG Electronics, Robert Bosch GmbH, Kenmore, Samsung, Electrolux, June Oven, and Smarter

Which is the fastest growing region in the market?

APAC is the fastest growing region in the global market, at a CAGR of more than 58% during the forecast period.

The global AI-enabled kitchen appliances market size is expected to reach revenues of over $600 million by 2024, growing at an impressive CAGR of more than 49% 2018–2024.

The global AI-enabled kitchen appliances market is driven by technological advancements such as voice control and artificial intelligence, making the intelligent assistant a control center for connected homes. The next generation homeowners are utilizing new technology in the home such as a preheating an oven using Alexa or activating the dishwashers from the mobile app in the global market. The market research report provides in-depth market analysis and segmental analysis of the global AI-enabled kitchen appliances market by product type, distribution channel, and geography.

Base Year:                  2018

Forecast Year:           2019–2024

The report considers the present scenario of the global AI-enabled kitchen appliances market and its market dynamics for the period 2018−2024. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the AI-enabled kitchen appliances market.

Major Vendors in the Global AI-enabled Kitchen Appliances Market

  • GE Appliances
    • Business Overview
    • Major Product Offerings
    • Key Strategies
    • Key Strengths
    • Key Opportunities
  • Whirlpool
  • LG Electronics
  • Robert Bosch GmbH
  • Kenmore
  • Samsung
  • Electrolux
  • June Oven
  • Smarter

Market Segmentation by Product Type

  • Refrigerator
  • Ovens, Cooktops, & Ranges
  • Dishwasher
  • Others

Market Segmentation by Distribution

  • Specialty Stores
  • Hypermarkets & Supermarkets
  • Online Channels

Market Segmentation by Geography

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
  • APAC
    • China
    • Japan
    • South Korea
  • MEA
    • Saudi Arabia
    • UAE
  • Latin America
    • Brazil
    • Mexico

List of Exhibits       

Exhibit 1         Segmentation of Global AI-enabled Kitchen Appliances Market

Exhibit 2         Market Size Calculation Approach 2018

Exhibit 3         Consumer Awareness of Smart Home Appliances

Exhibit 4         Present and Future Adoption of Smart Home Products and Services

Exhibit 5         Connected Home Market Overview in US 2018

Exhibit 6         AI Kitchen Appliances Market Revenue 2018 ($ million)

Exhibit 7         Consumer Response of Price of Smart Appliances

Exhibit 8         Investments in Smart Home Technologies 2014–2018 ($ Million)

Exhibit 9         Number of Investments in Smart Kitchen Technology 2012–2013

Exhibit 10       Global Smart Major Home Appliances Market by Units Shipments 2016 (%)

Exhibit 11       Demographic Distribution of Smart Home Technology 2016

Exhibit 12       Global Retail Sales of Smart Speakers (% growth)

Exhibit 13       Market Share of Smart Speakers Installed in US by Brands 2018

Exhibit 14       Awareness of Smart Home Appliances by Countries

Exhibit 15       Awareness & Interest in Connected Devices among US Consumers

Exhibit 16       Smart Appliance Awareness in US by Age

Exhibit 17       Concerns about Smart Home Appliances by Age in US 2018

Exhibit 18       Consumer Behavior for AI-based Domestic Appliances by Region 2018

Exhibit 19       Number of AI Start-ups & VC Funding in US 2010–2018

Exhibit 20       Global AI-enabled Kitchen Appliances Market 2018–2024 ($ million)

Exhibit 21       Connected Home Market Percentage by Consumers

Exhibit 22       Five Forces Analysis 2018

Exhibit 23       Global AI-enabled Ovens, Ranges & Cooktop Market 2018–2024 ($ million)

Exhibit 24       Global AI-enabled Ovens, Cooktops & Ranges Market by Geography 2018–2024

Exhibit 25       Global AI-enabled Dishwashers Market 2018–2024 ($ million)

Exhibit 26       Global AI-enabled Dishwashers Market by Geography 2018–2024

Exhibit 27       Global AI-enabled Refrigerator Market 2018–2024 ($ million)

Exhibit 28       Global AI-enabled Refrigerator Market by Geography 2018–2024

Exhibit 29       Global AI-enabled Other Appliances Market 2018–2024 ($ million)

Exhibit 30       Global Other AI-enabled Appliances Market by Geography 2018–2024

Exhibit 31       Global AI  Kitchen Appliances Market by Distribution Channels 2018

Exhibit 32       Market Geographical Share 2018

Exhibit 33       .Market – CAGR by Geography 2018

Exhibit 34       AI  Kitchen Appliances Market in North America 2018–2024 ($ million)

Exhibit 35       Market in North America 2018–2024

Exhibit 36       Market in North America 2018–2024 ($ million)

Exhibit 37       Market in North America by Key Countries 2018 & 2024

Exhibit 38       Number of Connected Homes in US 2018–2019 (million)

Exhibit 39       AI-enabled Kitchen Appliances Market in US 2018–2024 ($ million)

Exhibit 40       Canadian Households with Smart Home Devices 2015–2016 (%)

Exhibit 41       Market in Canada 2018–2024 ($ million)

Exhibit 42       Investments in AI Technology in Canada

Exhibit 43       AI  Kitchen Appliances in Europe 2018–2024 ($ million)

Exhibit 44       Market in Europe 2018–2024

Exhibit 45       Market in Europe 2018–2024 ($ million)

Exhibit 46       Market in Europe by Key Countries

Exhibit 47       Market in Germany 2018–2024 ($ million)

Exhibit 48       Key Barriers to Growth of AI-enabled Kitchen Appliances Market in Germany

Exhibit 49       Ownership of Smart Speakers 2017–2018

Exhibit 50       AI-enabled Kitchen Appliances Market in UK 2018–2024 ($ million)

Exhibit 51       Market in France 2018–2024 ($ million)

Exhibit 52       Market in APAC 2018–2024 ($ million)

Exhibit 53       Market in APAC 2018–2024

Exhibit 54       Market in APAC 2018–2024 ($ million)

Exhibit 55       Revenue for AI Market in APAC 2018–2024 ($ billion)

Exhibit 56       Market in APAC by Key Countries

Exhibit 57       Market in China 2018–2024 ($ million)

Exhibit 58       Market in South Korea 2018–2024 ($ million)

Exhibit 59       Smart Appliances Market in South Korea 2018–2024 ($ million)

Exhibit 60       Adoption of Smart Home Appliances by Age (2017)

Exhibit 61       Adoption of Smart Home Technology in South Korea by Income 2018

Exhibit 62       Market in Japan 2018–2024 ($ million)

Exhibit 63       Market in MEA 2018–2024 ($ million)

Exhibit 64       Market in MEA 2018–2024

Exhibit 65       Contribution of AI to Industries by 2030

Exhibit 66       Market in MEA 2018–2024 ($ million)

Exhibit 67       Market in MEA by Key Countries

Exhibit 68       Market in Saudi Arabia 2018–2024 ($ million)

Exhibit 69       Smart Home Market Revenue in Saudi Arabia 2018–2024 ($ million)

Exhibit 70       AI-enabled Kitchen Appliances Market in UAE 2018–2024 ($ million)

Exhibit 71       Smart Home Market Revenue in UAE 2018–2024 ($ million)

Exhibit 72       AI-enabled Kitchen Appliances Market in Latin America 2018–2024 ($ million)

Exhibit 73       Gross Value-Added Growth in 2035 (%)

Exhibit 74       AI-enabled Kitchen Appliances Market in Latin America 2018–2024

Exhibit 75       AI-enabled Kitchen Appliances Market in Latin America 2018–2024 ($ million)

Exhibit 76       AI-enabled Kitchen Appliances Market in Latin America by Key Countries

Exhibit 77       AI-enabled Kitchen Appliances Market in Brazil 2018–2024 ($ million)

Exhibit 78       AI-enabled Kitchen Appliances Market in Mexico 2018–2024 ($ million)

Exhibit 79       Mexico Smart Appliances Revenue 2018–2024 ($ million)

Exhibit 80       Smart Appliance Penetration in Mexico 2017–2023

Exhibit 81       Smart Appliance Users by Age in Mexico 2018

           

           

List of Tables          

Table 1            Key Geographies Definition

Table 2            Key Caveats

Table 3            Currency Conversion 2013−2018

Table 4            YOY Impact of Market Growth Enablers 2018−2024

Table 5            YOY Impact of Market Growth Enablers on Regions 2018

Table 6            YOY Impact of Market Growth Restraints 2018−2024

Table 7            Impact of Market Growth Restraints on Regions 2018

Table 8            Annual Consumption of Electrical Appliances in the Kitchen

Table 9            Investment on AI Technology by Key Countries

Table 10         YOY Impact of Market Opportunities & Trends 2018−2024

Table 11         Impact of Market Opportunities & Trends on Regions 2018

Table 12         Global AI-enabled Kitchen Appliances Market by Product Type

Table 13         Global AI-enabled Kitchen Appliances Market by Product Type 2018–2024 ($ million)

Table 14         Global AI-enabled Ovens, Cooktops & Ranges Market by Geography 2018–2024 ($ million)

Table 15         Global AI-enabled Dishwashers Market by Geography 2018–2024 ($ million)

Table 16         Global AI-enabled Refrigerator Market by Geography 2018–2024 ($ million)

Table 17         Global AI-enabled Other Appliances Market by Geography 2018–2024

Table 19         AI-enabled Kitchen Appliances Market in North America by Product Type ($ million)

Table 20         AI-enabled Kitchen Appliances Market in Europe by Product Type ($ million)

Table 21         AI-enabled Kitchen Appliances Market in APAC by Product Type ($ million)

Table 22         AI-enabled Kitchen Appliances Market in MEA by Product Type ($ million)

Table 23         AI-enabled Kitchen Appliances Market in Latin America by Product Type ($ million)

Table 24         Digital Assistant Company of Major Market Players

Table 25         List of Kitchen Applications and Compatible Brands

Table 26         Qualitative Summary of Global AI-enabled Kitchen Appliances Market

Table 27         Global AI-enabled Kitchen Appliances Market by Geography ($ million)

Table 28         AI-enabled Kitchen Appliances Market in North America by Product Type ($ million)

Table 29         AI-enabled Kitchen Appliances Market in Europe by Product Type ($ million)

Table 30         AI-enabled Kitchen Appliances Market in APAC by Product Type ($ million)

Table 31         AI-enabled Kitchen Appliances Market in MEA by Product Type ($ million)

Table 32         AI-enabled Kitchen Appliances Market in Latin America by Product Type ($ million)

Table 33         Global AI-enabled Kitchen Appliances Market by Product Type 2018–2024 ($ million)

Table 34         Global AI-enabled Refrigerator Market by Geography 2018–2024 ($ million)

Table 35         Global AI-enabled Ovens, Cooktops & Ranges by Geography 2018–2024 ($ million)

Table 36         Global AI-enabled Dishwasher Market by Geography 2018–2024 ($ million)

Table 37         Global AI-enabled Other Appliances Market by Geography 2018–2024 ($ million)

1          Research Methodology

2          Research Objectives

3          Research Process

 

4          Report Coverage

4.1       Market Definition

4.2       Base Year

4.3       Scope of Study

4.3.1   Market Segmentation by Product Type

4.3.2   Market Segmentation by Distribution Channels

4.3.3   Market Segmentation by Geography

 

5          Report Assumptions & Caveats

5.1       Key Caveats

5.2       Inclusions

5.3       Exclusions

5.4       Currency Conversion

5.5       Market Derivation

 

6          Market at a Glance

7          Introduction

7.1       Market Overview

 

8          Market Dynamics

8.1       Market Growth Enablers

8.1.1   Growing demand for smart homes

8.1.2   Growing sales of voice-enabled smart speakers

8.1.3   Adoption of AI technology by millennials

8.1.4   Rapid development of IoT, wireless communication, and other technologies

8.1.5   YOY Impact of Market Growth Enablers

8.1.6   Impact of Market Growth Enablers on Regions

8.2       Market Growth Restraints

8.2.1   Lack of cybersecurity

8.2.2   Lack of awareness about AI-enabled products

8.2.3   High cost of AI-enabled kitchen appliances

8.2.4   YOY Impact of Market Growth Restraints

8.2.5   Impact of Market Growth Restraints on Regions

8.3       Market Opportunities & Trends

8.3.1   Energy-efficient smart appliances

8.3.2   Growing market consolidation

8.3.3   Growing investments for AI and machine learning

8.3.4   YOY Impact of Market Opportunities & Trends

8.3.5   Impact of Market Opportunities & Trends on Regions

 

9          Global AI-Enabled Kitchen Appliances Market

9.1       Market Overview

9.2       Porter’s Five Forces Analysis

9.2.1   Threat of New Entrants

9.2.2   Bargaining Power of Suppliers

9.2.3   Bargaining Power of Buyers

9.2.4   Threat of Substitutes

9.2.5   Competitive Rivalry

 

10        By Product

10.1    Market Overview

10.2    Ai-enabled Ovens, ranges, and Cooktops

10.2.1 Market Size & Forecast

10.2.2 By Geography

10.3    AI-enabled Dishwashers

10.3.1 Market Overview

10.3.2 By Geography

10.4    AI-enabled Refrigerators

10.4.1 Market Size & Forecast

10.4.2 By Geography

10.5    Other aI-Enabled Kitchen Appliances

10.5.1 Market Overview

10.5.2 By Geography

 

11        By Distribution Channel

11.1    Market Overview

 

12        By Geography

12.1    Market Overview

 

13        North America

13.1    Market Size & Forecast

13.2    Market Segmentation

13.2.1 By Product Type

13.3    Key Countries

13.3.1 United States: Market Size & Forecast

13.3.2 Canada: Market Size & Forecast

 

14        Europe

14.1    Market Size & Forecast

14.2    Market Segmentation

14.2.1 By Product Type

14.3    Key Countries

14.3.1 Germany: Market Size & Forecast

14.3.2 UK: Market Size & Forecast

14.3.3 France: Market Size & Forecast

 

15        APAC

15.1    Market Size & Forecast

15.2    Market Segmentation

15.2.1 By Product Type

15.3    Key Countries

15.3.1 China: Market Size & Forecast

15.3.2 South Korea: Market Size & Forecast

15.3.3 Japan: Market Size & Forecast

 

16        Middle-East & Africa

16.1    Market Size & Forecast

16.2    Market Segmentation

16.2.1 By Product Type

16.3    Key Countries

16.3.1 Saudi Arabia: Market Size & Forecast

16.3.2 UAE: Market Size & Forecast

 

17        Latin America

17.1    Market Size & Forecast

17.2    Market Segmentation

17.2.1 By Product Type

17.3    Key Countries

17.3.1 Brazil: Market Size & Forecast

17.3.2 Mexico: Market Size & Forecast

 

18        Competitive Landscape

18.1    Competitive Overview

 

19        Key Company Profiles

19.1    GE Appliances

19.1.1 Business Overview

19.1.2 Product Offerings

19.1.3 Key Strategies

19.1.4 Key Strengths

19.2    Whirlpool

19.2.1 Business Overview

19.2.2 Major Product Offerings

19.2.3 Key Strengths

19.2.4 Key Strategies

19.3    LG Electronics

19.3.1 Business Overview

19.3.2 Major Product Offerings

19.3.3 Key Strategies

19.3.4 Key Strengths

19.4    Robert Bosch

19.4.1 Business Overview

19.4.2 Major Product Offerings

19.4.3 Key Strategies

19.4.4 Key Strengths

19.5    Kenmore

19.5.1 Business Overview

19.5.2 Major Product Offerings

19.5.3 Key Strategies

19.5.4 Key Strengths

19.6    Samsung

19.6.1 Business Overview

19.6.2 Major Product Offerings

19.6.3 Key Strategies

19.6.4 Key Strengths

19.6.5 Key Opportunities

19.7    Electrolux

19.7.1 Business Overview

19.7.2 Major Product Offerings

19.7.3 Key Strategies

19.7.4 Key Strengths

19.8    June Oven

19.8.1 Business Overview

19.8.2 Major Product Offerings

19.8.3 Key Strategies

19.8.4 Key Strengths

19.9    Smarter

19.9.1 Business Overview

19.9.2 Major Product Offerings

 

20        Report Summary

20.1    Key Takeaways

20.2    Qualitative Summary

20.3    Quantitative Summary

20.3.1 Market by Geography

20.3.2 Market by Product

 

21        Appendix

21.1    Abbreviations

           

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Frequently Asked Questions

What is the AI-enabled kitchen appliances market size and growth forecast?

AI-enabled kitchen appliances market size is expected to reach revenues of over USD 600 million by 2024 and will grow at an impressive CAGR of more than 49% 2018–2024.

What are the factors impacting the growth of the AI-enabled kitchen appliances market?

Voice assistant technology is one of the most fast-emerging technology in the worldwide market.

Who are the key players in the AI-enabled kitchen appliances market?

The key players are GE Appliances, Whirlpool, LG Electronics, Robert Bosch GmbH, Kenmore, Samsung, Electrolux, June Oven, and Smarter

Which is the fastest growing region in the market?

APAC is the fastest growing region in the global market, at a CAGR of more than 58% during the forecast period.