The Global Smart Dishwasher Market size is expected to reach $5.3 billion by 2026, rising at a market growth of 14.4% CAGR during the forecast period. A smart dishwasher is a connected smart home appliance (such as a smart microwave or smart oven) that gives your standard dishwasher enhanced functionality, these functionalities can include Wi-Fi connectivity and usability choices such as voice control from an active virtual home assistant and smartphone controls.
Global Smart Dishwasher Market Size
The growing value of kitchen renovation or remodeling is a key factor driving the growth of the smart dishwasher industry. Changing customer habits and tastes due to rapid urbanization results in kitchen renovation or remodeling. The interest in building a modular kitchen contributes to the exponential growth of smart kitchen appliances such as dining utensils, cooking utensils, and dishwashers.
Wi-Fi enabled smart dishwashers are a key development in the smart dishwasher industry. The Wi-Fi-enabled dishwasher enables owners to monitor the cleaning process, allowing them to start and track cycles remotely via phone or tablet. For example, LG Wi-Fi-powered smart dishwashers come with built-in SmartThinQ technology that provides mobile alerts when the process is over.
Smart Dishwasher Market Share
Free Valuable Insights: Global Smart Dishwasher Market to reach a market size of $5.3 billion by 2026
For many consumers looking for items that make life simpler, smart dishwashers are becoming more and more popular with customers. However, with the rise in the disposable income of the average household, there has been a growing demand for smart dishwashers. Nevertheless, continuous new product advances in these appliances have steadily increased the time and quality of the operation of kitchen appliances and are expected to fuel demand growth over the forecast period.
Based on Product, the market is segmented into Free Standing Dishwasher and Built-in Dishwasher. Based on Application, the market is segmented into Households and Commercial. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, LG Electronics, Inc. (LG Corporation), Samsung Electronics Co., Ltd. (Samsung Group), Whirlpool Corporation, Panasonic Corporation, Arcelik Group, Haier Group Corporation, Miele & Cie. KG, Electrolux AB, and SMEG S.p.A.
Market Segmentation:
By Product
By Application
By Geography
Companies Profiled
The global smart dishwasher market size is expected to reach $5.3 billion by 2026.
There are several reason that cause high demand of this market one of them is adoption of IoT (Internet of Things) in kitchen appliances by manufacturers.
The commercial segment is expected to follow the household segment in terms of market share and is estimated to have the fastest growth rate over the forecast period.
Robert Bosch GmbH, LG Electronics, Inc. (LG Corporation), Samsung Electronics Co., Ltd. (Samsung Group), Whirlpool Corporation, Panasonic Corporation, Arcelik Group, Haier Group Corporation, Miele & Cie. KG, Electrolux AB, and SMEG S.p.A.
The expected CAGR of smart dishwasher market is 14.4% from 2020 to 2026.
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