The smart dishwashers market size is expected to see strong growth in the next few years. It will grow to $9.68 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The anticipated growth in the forecast period can be ascribed to the implementation of advanced sensors and artificial intelligence, heightened emphasis on water quality monitoring, the adoption of voice and gesture control, seamless integration with smart grids, and the introduction of customized wash cycles. Notable trends expected during the forecast period encompass the development of multi-zone cleaning capabilities, the incorporation of dish identification technology, enhancements in drying functions, an increased focus on hygiene and sanitization, and expanded app integration.
The growth of the smart dishwasher market is being propelled by the increasing importance of kitchen renovation and remodeling. The changing lifestyles and preferences of consumers, driven by rapid urbanization, are leading to a surge in kitchen renovations or remodeling projects. The desire to create modular kitchens is fostering the rapid adoption of smart kitchen appliances, including dishwashers. For example, a nationally representative survey of 2,084 U.S. adults conducted by Consumer Reports in October 2022 revealed that 21% of Americans owned at least one large smart appliance, including dishwashers. Therefore, the growing significance of kitchen renovations is expected to be a driving factor in the smart dishwasher market's growth.
The primary categories of smart dishwashers include small-size freestyle smart dishwashers and large-scale freestyle smart dishwashers. Small-size freestyle smart dishwashers are compact and typically intended for residential use. These smart dishwashers serve various applications in both household and commercial contexts, and they are made available to consumers through online and offline distribution channels.
The smart dishwashers market research report is one of a series of new reports that provides smart dishwashers market statistics, including smart dishwashers industry global market size, regional shares, competitors with a smart dishwashers market share, detailed smart dishwashers market segments, market trends and opportunities, and any further data you may need to thrive in the smart dishwashers industry. This smart dishwasher market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The smart dishwasher market is anticipated to receive a boost from the increasing disposable income. Disposable income represents the funds available for spending and saving after accounting for taxes and mandatory deductions, both at the individual and household levels. This disposable income plays a pivotal role in dishwasher adoption, as higher income levels make it easier for households to invest in time-saving and efficient appliances like dishwashers. For instance, in July 2023, according to the Bureau of Economic Analysis, disposable personal income in the United States saw an increase of $7.3 billion (less than 0.1%). Therefore, the rise in disposable income is a driving force behind the growth of the smart dishwasher market.
The high cost of repairs is a significant obstacle to the smart dishwasher market's growth. Repair costs vary across brands, with different manufacturing costs for replacement parts. This disparity can substantially impact repair bills, and the shipping of required parts may incur additional expenses and time delays. Repair costs are also influenced by factors like faulty codes, motor issues, drainage problems, and worn gaskets. Hence, the high repair costs are expected to hinder the growth of the smart dishwasher market.
A prominent trend in the smart dishwasher market is the emergence of Wi-Fi-enabled smart dishwashers. These appliances allow users to remotely manage and monitor the cleaning process via their smartphones or tablets. For instance, LG offers Wi-Fi-enabled smart dishwashers with integrated SmartThinQ technology, allowing users to receive mobile alerts when a cycle is completed. The technology is compatible with voice assistants like Google Assistant and Amazon Alexa, enabling status checks through voice commands, eliminating the need for manual intervention. In 2021, Godrej Appliances introduced Smart Wash technology dishwashers equipped with turbidity sensors that detect water particle levels and adjust cleaning parameters for optimal results. These Wi-Fi-enabled smart dishwashers deliver exceptional cleaning performance while conserving time, energy, and water.
Major companies in the smart dishwasher market are focusing on introducing advanced dishwashers to gain a competitive edge. An example is the Mijia N1 Smart Dishwasher, designed for an efficient dishwashing experience with its dual-purpose design, large capacity, and advanced drying system. For instance, Xiaomi Corporation launched the Mijia N1 Smart Dishwasher in April 2023, offering innovative features and smart functionality. This dishwasher, with a capacity of 16 sets, is suitable for medium- to large-sized households and provides installation flexibility, allowing it to be used independently or embedded in a cabinet.
In August 2023, Samsung Electronics and LG Corporation, two South Korea-based consumer electronics companies, entered into a collaboration to build a seamless smart home ecosystem. This partnership aims to develop and deploy smart home products and services that work together seamlessly, based on the Home Connectivity Alliance (HCA) standard for connecting smart home devices from different manufacturers. LG Corporation specializes in the production of consumer electronics and home appliances, further strengthening the collaboration's potential impact on the smart home market.
Major companies operating in the smart dishwashers market include Samsung Electronics Co Ltd., BSH Hausgeräte GmbH, GE Appliances, Whirlpool Corporation, LG Electronics Inc., Electrolux AB, Miele & Cie. KG, Robert Bosch GmbH, Panasonic Corporation, Haier Group Corporation, Aga Rangemaster Group, Asko Appliances AB, Dacor Inc., Fagor America Inc., Hoover Candy Group, SR Brands LLC, SMEG SpA, VESTEL Group, Xiaomi Corporation, Maytag Corporation, Café Appliances, KitchenAid, Frigidaire Appliances, Inter IKEA Systems BV, Kenmore, Thermador, JennAir, Fisher & Paykel Appliances Holdings Ltd., Blomberg Appliances, Hisense
Asia-Pacific was the largest region in the smart dishwashers market in 2023. Western Europe was the second-largest region in the smart dishwashers market. The regions covered in the smart dishwashers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the smart dishwashers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada
The smart dishwashers market consists of sales of freestanding smart dishwashers and built-in smart dishwashers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Smart Dishwashers Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on smart dishwashers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for smart dishwashers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Type: Small Size Freestyle Smart Dishwashers; Large-Scale Freestyle Smart Dishwashers; 2) By Distribution Channel: Offline; Online; 3) By Applications: Household; Commercial
- Companies Mentioned: Samsung Electronics Co Ltd.; BSH Hausgeräte GmbH; GE Appliances; Whirlpool Corporation; LG Electronics Inc.
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Samsung Electronics Co Ltd.
- BSH Hausgeräte GmbH
- GE Appliances
- Whirlpool Corporation
- LG Electronics Inc.
- Electrolux AB
- Miele & Cie. KG
- Robert Bosch GmbH
- Panasonic Corporation
- Haier Group Corporation
- Aga Rangemaster Group
- Asko Appliances AB
- Dacor Inc.
- Fagor America Inc.
- Hoover Candy Group
- SR Brands LLC
- SMEG SpA
- VESTEL Group
- Xiaomi Corporation
- Maytag Corporation
- Café Appliances
- KitchenAid
- Frigidaire Appliances
- Inter IKEA Systems BV
- Kenmore
- Thermador
- JennAir
- Fisher & Paykel Appliances Holdings Ltd.
- Blomberg Appliances
- Hisense