Smart Kitchen 2017 Global Market Expected to Grow at CAGR 63.53% and Forecast to 2020

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New York, NY -- (SBWIRE) -- 05/26/2017 -- The analysts forecast the global smart kitchen market to grow at a CAGR of 63.53% during the period 2016-2020.

The Internet of Things (IoT) is a network of physical or tangible objects or devices interconnected through multiple network technologies. These objects or devices can communicate with each other and with the external environment through the Internet.

Smart kitchens are an integral part of smart homes. Smart kitchens provide a smart environment, which makes it easy for the user to perform meal-preparation activities. It integrates a wide variety of technologies, including appliances (e.g., smart refrigerators, dishwashers, cookware and cooktops, microwave ovens), sensors, and a user interface. A smart kitchen has the following features:

- Allows user to control kitchen appliances remotely

- Helps in providing useful information and warnings related to kitchen appliances

- Helps detect emergency situations and takes appropriate action when needed

- Enables the collection of data on the use of these appliances and provides relevant information when needed

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Covered in this report

The report covers the present scenario and the growth prospects of the global smart kitchen market for 2016-2020. The market size is calculated on the basis of smart kitchen appliances, such as smart refrigerators, dishwasher, microwave ovens, and cookware and cooktops. New emerging appliances such as 3D printers for food and smart coffeemakers and beer brewers have also been considered for market size calculation.

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

The report, Global Smart Kitchen Market 2016-2020, 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
- Dacor
- Electrolux
- GE Consumer & Industrial
- Haier
- LG Electronics
- SectorQube
- Onida
- Samsung Electronics
- Whirlpool

Market driver
- Multiple benefits of Internet of Things (IoT)
- For a full, detailed list, view our report

Market challenge
- High initial cost of smart kitchen appliances
- For a full, detailed list, view our report

Market trend
- Rise in number of smart homes
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Table Of Contents – Major Key Points

PART 01: Executive summary
- Highlights

PART 02: Scope of the report
- Market overview

PART 03: Market research methodology
- Research methodology
- Economic indicators

PART 04: Introduction
- Key market highlights

PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by product
- Smart refrigerators
- Smart cookware and cooktops
- Smart dishwashers
- Others

PART 07: Geographical segmentation
- The smart kitchen market in the Americas
- The smart kitchen market in EMEA
- Smart kitchen market in APAC

PART 08: Market drivers
- Multiple benefits of IoT
- Government funding for IoT start-ups
- Energy efficiency of smart kitchen appliances

PART 09: Impact of drivers

PART 10: Market challenges
- High initial cost of smart kitchen appliances
- Need for strong Internet connectivity
- Privacy concerns over data security
- Change in buyer perception
- Less awareness about smart kitchen appliances


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