AI Enabled Kitchen Appliances Market is Expected to Grow with a CAGR of 25.8% over the Forecast Period. Increasing working population along with technological developments to manufacture more innovative kitchen appliances globally is anticipated to drive the Global AI Enabled Kitchen Appliances Market.
AI Enabled Kitchen Appliances Market Key Players:
- GE Appliances
- LG Electronics
- Robert Bosch
- Koninklijke Philips N.V.
- June Oven
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AI enabled kitchen appliances are the kitchen devices utilizing technology to communicate with owner or with other appliances remotely using tablet or smartphone. The appliances are equipped with advanced technology to understand the specific requirement of owner or day cycle such as off peak load period, reminder, automatic shutdown, etc.
The implementation of automization connects the devices together where ones signal can be understood by other appliance which reduces the human efforts to a great extent. The AI enabled appliances has been in demand due to increasing working population & growing hectic schedule so that individual can do multiple tasks at a time & complete it fast. Voice assistant is emerging technologies where people can use smart devices with help of Alexa, Ok Goggle, Siri to start and stop the equipment from bed.
Global AI Enabled Kitchen Appliances Market Segmentation:
- Ovens, Cook tops, & Ranges
- Wi-Fi (Wireless Fidelity)
- NFC (Near Field Communication)
- Specialty Stores
- Hypermarkets & Supermarkets
- Online Channels
News: SpaceMax Family Hub Smart Refrigerator has been Launched in India by Samsung.
On July 13th 2020; Samsung launched its new line of smart series of refrigerator SpaceMax family hub. It comes with the inbuilt camera to take a quick peek inside with multi finger swipe down screen on galaxy phones & people with other phone can use Family Hub app to see inside remotely. It helps in shopping list creation, expiry date labeling & reminder for stocking, Meal planner which analyzes stock & suggest relevant food recipe. It comes with 21.5 inch FHD touch screen with 25 watt speakers for audio & videos for cooking or song.
Increasing Working Population & Growing Technological Advancements to Manufacture More Innovative Kitchen Appliances are Some of the Major Factors Driving the Market Growth.
The major factor driving the growth of global AI enabled kitchen appliances market is the growing working population globally. The rising working population with higher rate in developing economies is expected to increase the demand for AI enabled kitchen appliances. According to World Bank; working population growth from 2019-20 was 32 million with Asia Pacific more than 12 million.
North America is Anticipated to Dominate the Global AI Enabled Kitchen Appliances Market
On the basis of region, the global AI enabled kitchen appliances market is divided into North America, Europe, Asia-Pacific Latin America and Middle East & Africa. North America is expected to dominate the global AI enabled kitchen appliances market within the forecast period due to early adoption of new technology, high disposable income & lifestyle and increased awareness regarding these products in this region.
Asia Pacific is the fastest growing region & anticipated to witness a significant growth in the global AI enabled kitchen appliances market due to its developing economies such as China, India, etc. The
Key Benefits for Global AI Enabled Kitchen Appliances Market Report
- Global AI enabled kitchen appliances market report covers in-depth historical and forecast analysis.
- Global AI enabled kitchen appliances market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
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- Global AI enabled kitchen appliances market report covers extensive analysis of emerging trends and competitive landscape.
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