Automated Fare Collection System Market will reach $12.9 million by 2 kitchen Appliances Market Forecast and Industry An | Page 2

The global kitchen appliance market was valued at $181 billion in 2016, and is
projected to reach $297.1 billion by 2024, growing at a CAGR of 6.5% from 2017 to
2024. In 2016, the refrigerator segment generated the highest revenue share in
the global kitchen appliance market. Among major regions, North America market
was the highest revenue generating market valued at $59.7 billion in 2016.