How big is the Smart Kitchen Market?

The Smart Kitchen Market size is expected to reach USD 18.75 billion in 2024 and grow at a CAGR of 14.10% to reach USD 36.26 billion by 2029. Read More

What is the current Smart Kitchen Market size?

In 2024, the Smart Kitchen Market size is expected to reach USD 18.75 billion. Read More

Who are the key players in Smart Kitchen Market?

Electrolux, LG Electronics, Samsung Electronics, Haier Inc. (GE Appliances) and Whirlpool Corporation are the major companies operating in the Smart Kitchen Market. Read More

Which is the fastest growing region in Smart Kitchen Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Smart Kitchen Market?

In 2024, the North America accounts for the largest market share in Smart Kitchen Market. Read More

What years does this Smart Kitchen Market cover, and what was the market size in 2023?

In 2023, the Smart Kitchen Market size was estimated at USD 16.11 billion. The report covers the Smart Kitchen Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Smart Kitchen Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Smart Kitchen Market Size & Share Analysis - Industry Research Report

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

The Smart Kitchen Market Report is Segmented by Product Type (Smart Refrigerators, Smart Oven, Smart Dishwashers, Smart Cooktops, and Other Product Types), End-User Industry (Residential and Commercial), and Geography (North America, Europe, Asia, Australia and New Zealand, Latin America, and Middle East and Africa). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

Smart Kitchen Industry Overview

The smart kitchen market is highly competitive, with several global and local industry players. These significant players are establishing their positions by extending their product portfolios. In addition, they opt for strategic initiatives like partnerships and collaborations to remain competitive. Some of the key players in the market are Electrolux, LG Electronics, Samsung Electronics, Haier Inc. (GE Appliances), and Whirlpool Corporation.

April 2024: Samsung Electronics America Inc. unveiled new 4-Door Flex refrigerator models and a revamped line of premium slide-in ranges, including the Bespoke Slide-in Induction Range, as part of its expanded Bespoke kitchen appliance portfolio. These latest offerings uphold Bespoke's tradition of elegant design and cutting-edge features and introduce AI-driven technology, simplifying meal planning and cooking. The new models boast interchangeable door panels customizable in 11 colors and two finishes and are available in Stainless Steel or White Glass.
February 2024: At the 2024 Kitchen & Bath Industry Show, LG Electronics unveiled its latest lineup of kitchen appliances, seamlessly integrating intelligent functionality and sleek design. LG's 29-cubic-foot Smart InstaView Standard-Depth MAX 4-Door French Door Refrigerator with the new MyColor feature and Full-Convert Drawer (models LF29S8365 and LH29S8365) makes a colorful design statement. LG STUDIO Essence White products offer a timeless look with a matte-white finish, and the 1.3-cubic-foot Smart Low-Profile Over-the-Range Microwave (MVEF1337F) boasts a sleek low-profile design with maximum interior height for tall items.