Australia Smart Refrigerator Market Size and Share Outlook Report: Forecast Trends and Growth Analysis (2025-2034)
Description
The Australia smart refrigerator market comprises products including double-door refrigerators, French-door refrigerators, side-by-side refrigerators, single-door refrigerators, and bottom freezer refrigerators. They provide various advantages including convenience, energy efficiency, touchscreen, and voice control technology etc.
As per the Australia Bureau of Statistics, in January 2024 the household spending in Tasmania on equipment was around 11.5% whereas it was around 1.7% in Queensland. This indicates that Tasmania holds a significant Australia smart refrigerator market share as compared to Queensland.
The Australia smart refrigerator market is enhanced by the increase in technological innovations, AI-enabled approaches, sustainable smart refrigerators and remote access technology.
Technological Innovation
Australia smart refrigerator market growth is being guided by the introduction new products in the market such as Samsung Electronics which introduced the Infinite Refrigerator.
AI-enabled approach
The incorporation of the Internet of Things into refrigerators has significantly contributed to the Australia smart refrigerator market by providing temperature control and energy-saving modes.
Sustainable smart refrigerator
Sustainable smart refrigerator comprises advanced features including high energy efficiency and better cooling. Moreover, they aid in controlling the wastage of food by keeping its track.
Remote access technology
Remote controlling of the refrigerator has helped consumers to control the activity of their refrigerator in their absence near the appliances.
October 2023
TCL launched six new refrigerator models, including the first bottom-mount fridge, which incorporates an inverter compressor for high energy efficiency and consists of frost-free technology.
May 2023
LG Electronics launched an InstaView fridge with MoodUP which consists of LED panels for changing the colour of the fridge door and is also incorporated with built-in Bluetooth speakers.
September 2023
TCL launched the first French door refrigerator in Australia which comprises features including a fresh food zone compartment, inverter compressor, humidity-controlled crisper drawer and super freeze model.
May 2022
Panasonic introduced a new PRIME+Edition refrigerator range which consists of both a bottom mount and a French door design. It consists of features including high storage space and better freezing capacity.
Australia Smart Refrigerator Market Trends
As per the Australia smart refrigerator market report, the presence of AI technology in refrigerators has enabled users to save energy and control temperature change. Moreover, the sustainable smart refrigerator provides better cooling efficiency and also helps in keeping track of the food wastage by the users. Through remote access technology, individuals can control the refrigerator activity from far away, thus contributing to the market growth.
"Australia Smart refrigerator Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Australia smart refrigerator market growth is being guided by the double-door refrigerator as they are easily affordable as compared to the French door and bottom freezer refrigerator. Moreover, they consist of larger spaces and can store items that require larger storage spaces. The freezer and the refrigerator door both are separate.
The Australia smart refrigerator market growth is driven by touchscreen technology
Touchscreen smart refrigerator aids in controlling humidity and also maintains the optimum temperature that is required for keeping the food preserved. Moreover, they allow users to get access to watch news, YouTube, and music on the screen through the app and also connect to Google Assistant and Alexa for voice commands. The wifi-installed smart refrigerator allows us to keep track of our food items inside the refrigerator thus, helps in preventing food wastage.
The residential end-use drives the Australia smart refrigerator market
The market growth is majorly contributed by the residential use of the same. Mostly, individuals use the smart refrigerator at home as it allows them to keep track of their stored food thus preventing food wastage. Moreover, it helps save energy and also consists of a built-in touchscreen which allows users to control the temperature, humidity and activity of the refrigerator.
Based on the distribution channel, the Australia smart refrigerator market is driven by exclusive stores
Australia smart refrigerator market growth is being driven by the increase in the number of exclusive stores. As for purchasing the smart refrigerator, individuals prefer going to exclusive stores rather than purchasing the same online, as visiting exclusive stores guides individuals in a better way on which type of smart refrigerator to purchase for better efficiency.
The Australia smart refrigerator market competitiveness has increased due to technological innovations, AI-enabled approaches, sustainable smart refrigerators and remote access technology.
Electrolux Home Products Pty. Limited
Electrolux Home Products Pty. Limited, was founded in 1919 and is a Stockholm-based company. It designs various products related to cooking, dishwashers, smart refrigerators, refrigeration and vacuum cleaners.
Fisher & Paykel Australia Pty Limited
Fisher & Paykel Australia Pty Limited is a New South Wales-based company. It designs products which are easy to install and are manufactured by using sustainable materials which increases energy efficiency and reduces water use.
Arisit Pty Limited
Arisit Pty Limited was established in 2000 and is a Dandenong, South Victoria-based company. It is involved in the designing of cooking and smart refrigerators from low to premium price range.
Samsung Electronics Australia Pty Limited
Samsung Electronics Australia Pty Limited is a New South Wales-based company which manufactures various ranges of products including smartphones, mobile accessories, refrigerators, laundry, smart refrigerators etc.
Other Australia smart refrigerator market key players are BSH Home Appliances Pty Ltd among others.
Australia Smart Refrigerator Market Analysis by Region
According to the Australia Bureau of Statistics, in 2023 the annual percentage change in income of the Northern Territory was around 13.8% whereas it was around 9.2% for Queensland. This indicates that the Northern Territory witnessed a higher annual percentage change in income which further shows that the percentage of individuals who can afford smart refrigerators has also increased in the region which ultimately drives the Australia smart refrigerator market growth.
As per the Australia Bureau of Statistics, in January 2024 the household spending in Tasmania on equipment was around 11.5% whereas it was around 1.7% in Queensland. This indicates that Tasmania holds a significant Australia smart refrigerator market share as compared to Queensland.
The Australia smart refrigerator market is enhanced by the increase in technological innovations, AI-enabled approaches, sustainable smart refrigerators and remote access technology.
Technological Innovation
Australia smart refrigerator market growth is being guided by the introduction new products in the market such as Samsung Electronics which introduced the Infinite Refrigerator.
AI-enabled approach
The incorporation of the Internet of Things into refrigerators has significantly contributed to the Australia smart refrigerator market by providing temperature control and energy-saving modes.
Sustainable smart refrigerator
Sustainable smart refrigerator comprises advanced features including high energy efficiency and better cooling. Moreover, they aid in controlling the wastage of food by keeping its track.
Remote access technology
Remote controlling of the refrigerator has helped consumers to control the activity of their refrigerator in their absence near the appliances.
October 2023
TCL launched six new refrigerator models, including the first bottom-mount fridge, which incorporates an inverter compressor for high energy efficiency and consists of frost-free technology.
May 2023
LG Electronics launched an InstaView fridge with MoodUP which consists of LED panels for changing the colour of the fridge door and is also incorporated with built-in Bluetooth speakers.
September 2023
TCL launched the first French door refrigerator in Australia which comprises features including a fresh food zone compartment, inverter compressor, humidity-controlled crisper drawer and super freeze model.
May 2022
Panasonic introduced a new PRIME+Edition refrigerator range which consists of both a bottom mount and a French door design. It consists of features including high storage space and better freezing capacity.
Australia Smart Refrigerator Market Trends
As per the Australia smart refrigerator market report, the presence of AI technology in refrigerators has enabled users to save energy and control temperature change. Moreover, the sustainable smart refrigerator provides better cooling efficiency and also helps in keeping track of the food wastage by the users. Through remote access technology, individuals can control the refrigerator activity from far away, thus contributing to the market growth.
"Australia Smart refrigerator Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Double Door Refrigerators
- French Door Refrigerators
- Side-by-side Refrigerators
- Bottom Freezer Refrigerators
- Single Door Refrigerators
- Bluetooth
- Wi-Fi
- Touchscreen
- Cellular Technology
- ZigBee
- Radio Frequency Identification (RFID)
- Commercial
- Residential
- Multi-brand Stores
- Exclusive Stores
- Online
- Others
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
Australia smart refrigerator market growth is being guided by the double-door refrigerator as they are easily affordable as compared to the French door and bottom freezer refrigerator. Moreover, they consist of larger spaces and can store items that require larger storage spaces. The freezer and the refrigerator door both are separate.
The Australia smart refrigerator market growth is driven by touchscreen technology
Touchscreen smart refrigerator aids in controlling humidity and also maintains the optimum temperature that is required for keeping the food preserved. Moreover, they allow users to get access to watch news, YouTube, and music on the screen through the app and also connect to Google Assistant and Alexa for voice commands. The wifi-installed smart refrigerator allows us to keep track of our food items inside the refrigerator thus, helps in preventing food wastage.
The residential end-use drives the Australia smart refrigerator market
The market growth is majorly contributed by the residential use of the same. Mostly, individuals use the smart refrigerator at home as it allows them to keep track of their stored food thus preventing food wastage. Moreover, it helps save energy and also consists of a built-in touchscreen which allows users to control the temperature, humidity and activity of the refrigerator.
Based on the distribution channel, the Australia smart refrigerator market is driven by exclusive stores
Australia smart refrigerator market growth is being driven by the increase in the number of exclusive stores. As for purchasing the smart refrigerator, individuals prefer going to exclusive stores rather than purchasing the same online, as visiting exclusive stores guides individuals in a better way on which type of smart refrigerator to purchase for better efficiency.
The Australia smart refrigerator market competitiveness has increased due to technological innovations, AI-enabled approaches, sustainable smart refrigerators and remote access technology.
Electrolux Home Products Pty. Limited
Electrolux Home Products Pty. Limited, was founded in 1919 and is a Stockholm-based company. It designs various products related to cooking, dishwashers, smart refrigerators, refrigeration and vacuum cleaners.
Fisher & Paykel Australia Pty Limited
Fisher & Paykel Australia Pty Limited is a New South Wales-based company. It designs products which are easy to install and are manufactured by using sustainable materials which increases energy efficiency and reduces water use.
Arisit Pty Limited
Arisit Pty Limited was established in 2000 and is a Dandenong, South Victoria-based company. It is involved in the designing of cooking and smart refrigerators from low to premium price range.
Samsung Electronics Australia Pty Limited
Samsung Electronics Australia Pty Limited is a New South Wales-based company which manufactures various ranges of products including smartphones, mobile accessories, refrigerators, laundry, smart refrigerators etc.
Other Australia smart refrigerator market key players are BSH Home Appliances Pty Ltd among others.
Australia Smart Refrigerator Market Analysis by Region
According to the Australia Bureau of Statistics, in 2023 the annual percentage change in income of the Northern Territory was around 13.8% whereas it was around 9.2% for Queensland. This indicates that the Northern Territory witnessed a higher annual percentage change in income which further shows that the percentage of individuals who can afford smart refrigerators has also increased in the region which ultimately drives the Australia smart refrigerator market growth.
Table of Contents
105 Pages
- 1 Preface
- 2 Report Coverage – Key Segmentation and Scope
- 3 Report Description
- 3.1 Market Definition and Outlook
- 3.2 Properties and Applications
- 3.3 Market Analysis
- 3.4 Key Players
- 4 Key Assumptions
- 5 Executive Summary
- 5.1 Overview
- 5.2 Key Drivers
- 5.3 Key Developments
- 5.4 Competitive Structure
- 5.5 Key Industrial Trends
- 6 Market Snapshot
- 7 Opportunities and Challenges in the Market
- 8 Australia Smart Refrigerator Market Overview
- 8.1 Key Industry Highlights
- 8.2 Australia Smart Refrigerator Historical Market (2018-2024)
- 8.3 Australia Smart Refrigerator Market Forecast (2025-2034)
- 9 Australia Smart Refrigerator Market by Type
- 9.1 Double Door Refrigerators
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 French Door Refrigerators
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Side-by-side Refrigerators
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Bottom Freezer Refrigerators
- 9.4.1 Historical Trend (2018-2024)
- 9.4.2 Forecast Trend (2025-2034)
- 9.5 Single Door Refrigerators
- 9.5.1 Historical Trend (2018-2024)
- 9.5.2 Forecast Trend (2025-2034)
- 10 Australia Smart Refrigerator Market by Technology
- 10.1 Bluetooth
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Wi-Fi
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Touchscreen
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Cellular Technology
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 ZigBee
- 10.5.1 Historical Trend (2018-2024)
- 10.5.2 Forecast Trend (2025-2034)
- 10.6 Radio Frequency Identification (RFID)
- 10.6.1 Historical Trend (2018-2024)
- 10.6.2 Forecast Trend (2025-2034)
- 11 Australia Smart Refrigerator Market by End Use
- 11.1 Commercial
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 Residential
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 12 Australia Smart Refrigerator Market by Distribution Channel
- 12.1 Exclusive Stores
- 12.1.1 Historical Trend (2018-2024)
- 12.1.2 Forecast Trend (2025-2034)
- 12.2 Multibrand Stores
- 12.2.1 Historical Trend (2018-2024)
- 12.2.2 Forecast Trend (2025-2034)
- 12.3 Online
- 12.3.1 Historical Trend (2018-2024)
- 12.3.2 Forecast Trend (2025-2034)
- 12.4 Others
- 13 Australia Smart Refrigerator Market by Region
- 13.1 New South Wales
- 13.1.1 Historical Trend (2018-2024)
- 13.1.2 Forecast Trend (2025-2034)
- 13.2 Victoria
- 13.2.1 Historical Trend (2018-2024)
- 13.2.2 Forecast Trend (2025-2034)
- 13.3 Queensland
- 13.3.1 Historical Trend (2018-2024)
- 13.3.2 Forecast Trend (2025-2034)
- 13.4 Australia Capital Territory
- 13.4.1 Historical Trend (2018-2024)
- 13.4.2 Forecast Trend (2025-2034)
- 13.5 Western Australia
- 13.5.1 Historical Trend (2018-2024)
- 13.5.2 Forecast Trend (2025-2034)
- 13.6 Others
- 14 Market Dynamics
- 14.1 SWOT Analysis
- 14.1.1 Strengths
- 14.1.2 Weaknesses
- 14.1.3 Opportunities
- 14.1.4 Threats
- 14.2 Porter’s Five Forces Analysis
- 14.2.1 Supplier’s Power
- 14.2.2 Buyer’s Power
- 14.2.3 Threat of New Entrants
- 14.2.4 Degree of Rivalry
- 14.2.5 Threat of Substitutes
- 14.3 Key Indicators for Demand
- 14.4 Key Indicators for Price
- 15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Company Profiles
- 15.2.1 Electrolux Home Products Pty.Limited
- 15.2.1.1 Company Overview
- 15.2.1.2 Product Portfolio
- 15.2.1.3 Demographic Reach and Achievements
- 15.2.1.4 Certifications
- 15.2.2 Fisher & Paykel Australia Pty Limited
- 15.2.2.1 Company Overview
- 15.2.2.2 Product Portfolio
- 15.2.2.3 Demographic Reach and Achievements
- 15.2.2.4 Certifications
- 15.2.3 Arisit Pty Limited
- 15.2.3.1 Company Overview
- 15.2.3.2 Product Portfolio
- 15.2.3.3 Demographic Reach and Achievements
- 15.2.3.4 Certifications
- 15.2.4 Samsung Electronics Australia Pty Limited
- 15.2.4.1 Company Overview
- 15.2.4.2 Product Portfolio
- 15.2.4.3 Demographic Reach and Achievements
- 15.2.4.4 Certifications
- 15.2.5 BSH Home Appliances Pty Ltd
- 15.2.5.1 Company Overview
- 15.2.5.2 Product Portfolio
- 15.2.5.3 Demographic Reach and Achievements
- 15.2.5.4 Certifications
- 15.2.6 Others
- 16 Key Trends and Developments in the Market
Pricing
Currency Rates
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