Automated Fare Collection System Market will reach $12.9 million by 2 kitchen Appliances Market Forecast and Industry An | Page 7

Hyperscale Data Center Market Key Finding
• The global kitchen appliance market was valued at $181 billion in
2016 and is projected to reach 297.1 by 2024.
• Refrigerators contributed over 40% of the overall kitchen appliances
market share in 2016.
• The household kitchen appliances segment held approx. 60% revenue
share of the overall market in 2016.
• North America kitchen appliances market generated a revenue of
more than $50 billion in 2016 and is expected to grow at the CAGR of
5.7% during the forecast period.
• The commercial kitchen appliances market is expected to witness the
fastest growth, having a CAGR of 8.7% during the forecast period.