Smart Kitchen Appliances Market Trends

Statistics for the 2023 & 2024 Smart Kitchen Appliances market trends, created by Mordor Intelligence™ Industry Reports. Smart Kitchen Appliances trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Smart Kitchen Appliances Industry

The Rising Adoption of Artificial Intelligence in Smart Kitchen Appliances

The increasing number of people working worldwide is a major factor driving the global market for AI-powered kitchen appliances. The growing number of people working in developing countries will increase the need for AI-powered appliances. Rising technological breakthroughs in kitchen appliances will help people reduce the number of repetitive tasks while offering fast and easy service. The increased use of technology like smartphones and other gadgets will increase efficiency, reduce operational costs, and drive market growth. AI-powered kitchen equipment is increasingly being used in commercial sectors like restaurants, where customer service needs to be fast and affordable. However, the high price of AI-powered appliances may limit the growth of the industry.

AI-powered kitchen appliances are on the rise all over the world. With voice control and AI, the intelligent assistant has become the hub of connected homes. The new generation of homeowners are taking advantage of new technology, like preheating their oven with Alexa or activating their dishwashers with the mobile app on the global market.

For example, Samsung is at the forefront of artificial intelligence in food. A number of recipes using the available ingredients are recommended via a camera to scan in the refrigerator's interior. The AI component learns your preferences, likes and dislikes, dietary needs, and more to provide you with curated, relevant recipes. Additionally, it makes choices based on saved recipes and seasonal ingredients based on weather conditions.

Smart Kitchen Appliances Market: Revenue From Smart Home Market, In USD Billion, Global, 2021-2025

North America is Dominating the Smart Kitchen Appliances Market

In the construction industry in North America, the demand for connected homes with smart appliances and devices is very high. Developed countries like the United States have made significant progress in smart home development. The US market for smart homes has seen a significant increase in recent years, and this trend is expected to continue in the near future.

According to a report by Alarm.org, 57% of Americans agree that using smart products could save them around 30 minutes in a day, and about 47% of millennials use smart home products. The adoption of these devices is opening up new opportunities for smart kitchen appliances, as these appliances are one of the most essential household items.

The factors promoting market growth are the country's high technological acceptance and consumer purchasing power. Even the government is promoting the adoption of energy-efficient appliances. Furthermore, although built-in connectivity is a niche feature in large cooking appliances in the United States, a rise in smart assistant speakers is indicated. For example, Whirlpool integrated technological innovations in a selection of kitchen appliances called the Smart Home Line.

Smart Kitchen Appliances Market - Revenue from Smart Home Market, In USD Billion, North America, 2021-2025

Smart Kitchen Appliances Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)