The Latin America, Middle East and Africa Smart Kitchen Appliances Market would 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 would 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 would support the development of smart kitchens. Along with convenience and easy management, smart kitchen appliances would 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 would support the development of smart kitchens. Along with convenience and easy management, smart kitchen appliances would 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.
Free Valuable Insights: The Global Smart Kitchen Appliances Market is Predict to reach $33.3 Billion by 2027, at a CAGR of 17.3%
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
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Smart Kitchen Appliances Market, by Product
1.4.2 LAMEA Smart Kitchen Appliances Market, by Application
1.4.3 LAMEA Smart Kitchen Appliances Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
Chapter 4. LAMEA Smart Kitchen Appliances Market by Product
4.1 LAMEA Smart Refrigerators Market by Country
4.2 LAMEA Smart Cookware and Cooktops Market by Country
4.3 LAMEA Smart Ovens Market by Country
4.4 LAMEA Smart Dishwashers Market by Country
4.5 LAMEA Other Product Market by Country
Chapter 5. LAMEA Smart Kitchen Appliances Market by Applications
5.1 LAMEA Residential Market by Country
5.2 LAMEA Commercial Market by Country
Chapter 6. LAMEA Smart Kitchen Appliances Market by Country
6.1 Brazil Smart Kitchen Appliances Market
6.1.1 Brazil Smart Kitchen Appliances Market by Product
6.1.2 Brazil Smart Kitchen Appliances Market by Applications
6.2 Argentina Smart Kitchen Appliances Market
6.2.1 Argentina Smart Kitchen Appliances Market by Product
6.2.2 Argentina Smart Kitchen Appliances Market by Applications
6.3 UAE Smart Kitchen Appliances Market
6.3.1 UAE Smart Kitchen Appliances Market by Product
6.3.2 UAE Smart Kitchen Appliances Market by Applications
6.4 Saudi Arabia Smart Kitchen Appliances Market
6.4.1 Saudi Arabia Smart Kitchen Appliances Market by Product
6.4.2 Saudi Arabia Smart Kitchen Appliances Market by Applications
6.5 South Africa Smart Kitchen Appliances Market
6.5.1 South Africa Smart Kitchen Appliances Market by Product
6.5.2 South Africa Smart Kitchen Appliances Market by Applications
6.6 Nigeria Smart Kitchen Appliances Market
6.6.1 Nigeria Smart Kitchen Appliances Market by Product
6.6.2 Nigeria Smart Kitchen Appliances Market by Applications
6.7 Rest of LAMEA Smart Kitchen Appliances Market
6.7.1 Rest of LAMEA Smart Kitchen Appliances Market by Product
6.7.2 Rest of LAMEA Smart Kitchen Appliances Market by Applications
Chapter 7. Company Profiles
7.1 BSH Hausgeräte GmbH (Robert Bosch Group)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.2 Whirlpool Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.5.3 Acquisition and Mergers:
7.3 Miele & Cie. KG
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.3.2.2 Product Launches and Product Expansions:
7.4 LG Electronics, Inc. (LG Corporation)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional & Segmental Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent Strategies and Developments:
7.4.5.1 Partnerships, Collaborations and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.5 Samsung Electronics Co., Ltd. (Samsung Group)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent Strategies and Developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Panasonic Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 Koninklijke Philips N.V.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.8 GE Appliances, a Haier Company
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Partnerships, Collaborations, and Agreements:
7.8.2.2 Product Launches and Product Expansions:
7.9 Electrolux AB
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.2.2 Product Launches and Product Expansions:
7.9.2.3 Acquisition and Mergers:
7.10. Daewoo Electronics Corporation
7.10.1 Company Overview
TABLE 1 LAMEA Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Kitchen Appliances Market
TABLE 4 Product Launches And Product Expansions– Smart Kitchen Appliances Market
TABLE 5 Acquisition and Mergers– Smart Kitchen Appliances Market
TABLE 6 LAMEA Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 7 LAMEA Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 8 LAMEA Smart Refrigerators Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Smart Refrigerators Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Smart Cookware and Cooktops Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Smart Cookware and Cooktops Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Smart Ovens Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Smart Ovens Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Smart Dishwashers Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA Smart Dishwashers Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA Other Product Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Other Product Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 19 LAMEA Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 20 LAMEA Residential Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Residential Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Commercial Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Commercial Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Smart Kitchen Appliances Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Smart Kitchen Appliances Market by Country, 2021 - 2027, USD Million
TABLE 26 Brazil Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 27 Brazil Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 28 Brazil Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 29 Brazil Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 30 Brazil Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 31 Brazil Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 32 Argentina Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 33 Argentina Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 34 Argentina Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 35 Argentina Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 36 Argentina Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 37 Argentina Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 38 UAE Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 39 UAE Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 40 UAE Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 41 UAE Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 42 UAE Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 43 UAE Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 44 Saudi Arabia Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 45 Saudi Arabia Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 46 Saudi Arabia Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 47 Saudi Arabia Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 48 Saudi Arabia Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 49 Saudi Arabia Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 50 South Africa Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 51 South Africa Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 52 South Africa Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 53 South Africa Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 54 South Africa Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 55 South Africa Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 56 Nigeria Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 57 Nigeria Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 58 Nigeria Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 59 Nigeria Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 60 Nigeria Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 61 Nigeria Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 62 Rest of LAMEA Smart Kitchen Appliances Market, 2017 - 2020, USD Million
TABLE 63 Rest of LAMEA Smart Kitchen Appliances Market, 2021 - 2027, USD Million
TABLE 64 Rest of LAMEA Smart Kitchen Appliances Market by Product, 2017 - 2020, USD Million
TABLE 65 Rest of LAMEA Smart Kitchen Appliances Market by Product, 2021 - 2027, USD Million
TABLE 66 Rest of LAMEA Smart Kitchen Appliances Market by Applications, 2017 - 2020, USD Million
TABLE 67 Rest of LAMEA Smart Kitchen Appliances Market by Applications, 2021 - 2027, USD Million
TABLE 68 Key Information – BSH Hausgeräte GmbH
TABLE 69 Key information – Whirlpool Corporation
TABLE 70 Key Information – Miele & Cie. KG
TABLE 71 Key information – LG Electronics, Inc.
TABLE 72 Key Information –Samsung Electronics Co., Ltd.
TABLE 73 Key Information – Panasonic Corporation
TABLE 74 Key Information – Koninklijke Philips N.V.
TABLE 75 Key Information – GE Appliances, a Haier company
TABLE 76 Key Information – Electrolux AB
TABLE 77 Key Information – Daewoo Electronics Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
FIG 5 Recent strategies and developments: Whirlpool Corporation
FIG 6 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 7 Recent strategies and developments: Panasonic Corporation
FIG 8 SWOT Analysis: Panasonic Corporation
FIG 9 Recent strategies and developments: GE Appliances, a Haier Group Company
FIG 10 Recent strategies and developments: Electrolux AB