Market Research Logo

Global Smart Connected Cooking Appliances Market 2017-2021

Global Smart Connected Cooking Appliances Market 2017-2021

About Smart Connected Cooking Appliances

Smart connected kitchen appliances include refrigerators, dishwashers, cookware, cooktops, and other cooking appliances. Owing to the growing popularity of the modern and smart kitchen concept, customers are willing to spend on such products. These appliances work similar to that of the regular kitchen appliances. They also provide additional advantages, such as remote access, control, and monitoring, because of the wireless technologies equipped with them. Because of the hectic lifestyles of people and need for proper time management, smart connected kitchen appliances are good options to opt for.

Technavio’s analysts forecast the global smart connected cooking appliances market to grow at a CAGR of 19.93% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart connected cooking appliances market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • MEA
Technavio's report, Global Smart Connected Cooking Appliances Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Haier
  • LG Electronics
  • Robert Bosch
  • SAMSUNG
  • Whirlpool
Other prominent vendors
  • Behmor
  • Breville
  • Electrolux
  • June Life
  • Koninklijke Philips
  • Newell Brands
  • SMARTER APPLICATIONS
Market driver
  • Rising innovation in product and technology
  • For a full, detailed list, view our report
Market challenge
  • High price of smart connected cooking appliances
  • For a full, detailed list, view our report
Market trend
  • Increasing adoption of modular kitchen
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Connected Cooking Appliances Market 2017-2021

Technavio recognizes the following companies as the key players in the global smart connected cooking appliances market: Haier, LG Electronics, Robert Bosch, SAMSUNG, and Whirlpool.

Other Prominent Vendors in the market are: Behmor, Breville, Electrolux, June Life, Koninklijke Philips, Newell Brands, and SMARTER APPLICATIONS.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing adoption of modular kitchen. With the improving living standards, people are willing to invest in kitchen renovation and transform them into modular ones. Design-savvy customers prefer sophisticated and modern designs that require minimal space. These designs provide an aesthetic appearance to the kitchen. The changes in customer preferences have forced the manufacturers to provide value additions to the cooking appliances portfolio used in the modular kitchen. The demand for built-in cooking appliances such as ranges, wall ovens, cooktops, and others has grown from last few years. This is also due to the rise in housing constructions, through which modern kitchen designing got increased.”

According to the report, one of the major drivers for this market is Rising innovation in product and technology. In the global smart connected cooking appliances market, the products usually fall into the premium category. This is attributed to the innovation and technology implemented on cooking appliances. Different varieties of cooking appliances are offered with the smart connectivity technology. Such products include cooktops, wall ovens, microwaves, range, and coffee makers. The rising living standards of people and increasing expenditure on technology and connected devices propel the demand for smart and advanced appliances. Smart connected products provide convenience to the customers while cooking.

Further, the report states that one of the major factors hindering the growth of this market is High price of smart connected cooking appliances. Compared to the regular cooking appliances, smart connected cooking appliances are expensive. This is because of the integrated wireless technology within these smart appliances. In many nations, traditional cooking is still preferred over smart connected cooking appliances. Thus, manufacturers face challenges in marketing these appliances. Due to the affordability of regular cooking appliances, price-sensitive consumers are not much enthusiasm to invest in smart products.

Companies Mentioned

Haier, LG Electronics, Robert Bosch, SAMSUNG, Whirlpool, Behmor, Breville, Electrolux, June Life, Koninklijke Philips, Newell Brands, and SMARTER APPLICATIONS.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Global Internet users 2010-2015 (% of population)
      • Table Global smart connected kitchen appliances market: Product offerings
      • Table Global smart connected cooking appliances market 2016 (% share of global smart connected kitchen appliances market 2016)
      • Table Global smart connected kitchen appliances market 2016-2021 ($ millions)
  • Market landscape
    • Market overview
      • Table Global smart connected cooking appliances market: Overview
    • Market size and forecast
      • Table Global smart connected cooking appliances market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by distribution channel
    • Global smart connected cooking appliances market by distribution channel
      • Table Global smart connected cooking appliances market by distribution channel 2016 (% share of revenue)
      • Table Global smart connected cooking appliances market by offline distribution channel 2016 (% share of revenue)
    • Global smart connected cooking appliances market by online distribution channel
    • Global smart connected cooking appliances market by offline distribution channel
  • Market segmentation by power supply
    • Global smart connected cooking appliances market by power supply
      • Table Global smart connected cooking appliances market by power supply 2016 and 2021 (% share of revenue)
      • Table Global smart connected cooking appliances market by power supply 2016-2021 ($ millions)
    • Global smart connected electric cooking appliances market
      • Table Global smart connected electric cooking appliances market 2016-2021 ($ millions)
    • Global smart connected non-electric cooking appliances market
      • Table Global smart connected non-electric cooking appliances market 2016-2021 ($ millions)
  • Market segmentation by wireless technology
    • Global smart connected cooking appliances market by wireless technology
      • Table Global smart connected cooking appliances market by wireless technology 2016 and 2021 (% share of revenue)
      • Table Global smart connected cooking appliances market by wireless technology 2016-2021 ($ millions)
    • Global smart connected cooking appliances market by Wi-Fi
      • Table Global smart connected cooking appliance market by Wi-Fi 2016-2021 ($ millions)
    • Global smart connected cooking appliances market by others
      • Table Global smart connected cooking appliances market by others 2016-2021 ($ millions)
  • Market segmentation by product
    • Global smart connected cooking appliances market by product
      • Table Global smart connected cooking appliances market by product 2016 and 2021 (% share of revenue)
      • Table Global smart connected cooking appliances market by product 2016-2021 ($ millions)
    • Global smart connected ranges market
      • Table Global smart connected ranges market 2016-2021 ($ millions)
    • Global smart connected ovens market
      • Table Global smart connected ovens market 2016-2021 ($ millions)
    • Global other smart connected cooking appliances market
      • Table Global other smart connected cooking appliances market 2016-2021 ($ millions)
  • Geographical segmentation
    • Global smart connected cooking appliances market by geography
      • Table Global smart connected cooking appliances market by geography 2016 and 2021 (% share of revenue)
      • Table Global smart connected cooking appliances market by geography 2016-2021 ($ millions)
    • Smart connected cooking appliances market in Americas
      • Table Internet users in US 2010-2015 (% of population)
      • Table Smart connected cooking appliances market in Americas 2016-2021 ($ millions)
    • Smart connected cooking appliances market in Europe
      • Table Internet users in UK and Germany 2010-2015 (% of population)
      • Table Smart connected cooking appliances market in Europe 2016-2021 ($ millions)
    • Smart connected cooking appliances market in APAC
      • Table Internet users in China and Japan 2010-2015 (% of population)
      • Table Smart connected cooking appliances market in APAC 2016-2021 ($ millions)
    • Smart connected cooking appliances market in MEA
      • Table Internet users 2010-2015 (% of population)
      • Table Smart connected cooking appliances market in MEA 2016-2021 ($ millions)
      • Table Key leading countries 2016 (% share of revenue)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Mobile cellular subscription rate in UK and US 2010-2015 (% of population)
    • Market challenges
  • Market trends
    • Increasing adoption of modular kitchen
    • Rising penetration of smart cities and urbanization
    • Growing demand for induction cooktops
    • Emergence of multi-cooking functionality in smart cooking appliances
    • Growing benefits of smart connected cooking appliances
  • Vendor landscape
    • Competitive scenario
    • Key competitive strategies
    • Comparative analysis of key vendors
      • Table Key vendors: Benchmarking on product offerings and geographical presence
      • Table Key vendors: Comparative analysis of product portfolio, product pricing, and geographical presence
  • Key vendor analysis
    • Haier
      • Table Haier Electronics Group: Business segmentation by revenue 2016 (% share)
      • Table Haier Electronics: Geographical segmentation by revenue 2016 (% share)
      • Table Haier: Product portfolio
    • LG Electronics
      • Table LG Electronics: Business segmentation
      • Table LG Electronics: Product portfolio
    • Robert Bosch
      • Table Robert Bosch: Business segmentation by revenue 2016 (% share)
      • Table Robert Bosch: Geographical segmentation by revenue 2016 (% share)
      • Table Robert Bosch: Product portfolio
    • SAMSUNG
      • Table SAMSUNG: Business segmentation
      • Table SAMSUNG: Geographical segmentation by revenue 2016 (% share)
      • Table SAMSUNG: Product portfolio
    • Whirlpool
      • Table Whirlpool: Geographical segmentation by revenue 2016 (% share)
      • Table Whirlpool: Product portfolio
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report