The Latin America, Middle East and Africa Smart Kitchen Appliances Market is expected to witness market growth of 18.2% CAGR during the forecast period (2021-2027).
The increasing focus of the customers on furnishing their kitchens with smart appliances to improve the efficiency of the activities can save the fuel. In addition, the increasing awareness among the customers regarding climatic change is motivating them to use fuel efficient products in their life and thus, boosting the demand for smart kitchen appliances. As technological advancements continue to increase at a rapid pace, the adoption of advanced technology-based kitchen appliances is expected to witness a surge in demand in this region.
Smart kitchen appliances are available in various shapes and sizes to perform an impressive range of automated functions. Features like voice assistant in various smart kitchen appliances are contributing to the high demand for these appliances across this region. There are many market players that are entering or expanding their presence in the regional market by launching advanced products, which is estimated to fuel the growth of the regional smart kitchen appliances market over the forecast period.
There is a shift in the trend among consumers towards the adoption of compact single households and combined kitchen designs that is expected to support the development of smart kitchens. Along with convenience and easy management, smart kitchen appliances is expected to fulfill sustainability purposes. For instance, in connected household appliances, consumers can store their shopping list and can also check what is in the refrigerator and what they need to buy by using a smartphone.
There is a shift in the trend among consumers towards the adoption of compact single households and combined kitchen designs that is expected to support the development of smart kitchens. Along with convenience and easy management, smart kitchen appliances is expected to fulfill sustainability purposes. For instance, in connected household appliances, consumers can store their shopping list and can also check what is in the refrigerator and what they need to buy by using a smartphone.
The Residential market dominated the South Africa Smart Kitchen Appliances Market by Applications in 2020, thereby, achieving a market value of $429.1 million by 2027. The Commercial market is expected to witness a CAGR of 19.1% during (2021 - 2027).
Based on Product, the market is segmented into Smart Refrigerators, Smart Cookware and Cooktops, Smart Ovens, Smart Dishwashers, and Other Products. Based on Applications, the market is segmented into Residential and Commercial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BSH Hausgeräte GmbH, Whirlpool Corporation, Miele & Cie. KG, LG Electronics, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Panasonic Corporation, Koninklijke Philips N.V., GE Appliances, a Haier Company, Electrolux AB, and Daewoo Electronics Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Smart Refrigerators
- Smart Cookware and Cooktops
- Smart Ovens
- Smart Dishwashers,
- Other Products
By Application
- Residential
- Commercial
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- BSH Hausgeräte GmbH
- Whirlpool Corporation
- Miele & Cie. KG
- LG Electronics, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Panasonic Corporation
- Koninklijke Philips N.V.
- GE Appliances, a Haier Company
- Electrolux AB
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Companies Mentioned
- BSH Hausgeräte GmbH
- Whirlpool Corporation
- Miele & Cie. KG
- LG Electronics, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Panasonic Corporation
- Koninklijke Philips N.V.
- GE Appliances, a Haier Company
- Electrolux AB
Methodology
LOADING...
