Smart Kitchen Appliances Market Outlook – North America holds significant market share
Regional segmentation of smart kitchen appliances market by Coherent Market Insights
comprises North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North
America Holds the major share in the global smart kitchen appliances market and is projected
to retain its dominance throughout the forecast period. This is owing to increasing number of
smart grid power projects, changing lifestyle, and increasing per capita income. The U.S. and
Canada are the major countries which drives the smart kitchen appliances market in North
America region. Asia Pacific is projected to exhibit highest CAGR over the forecast period. India,
china, Japan, and South Korea are some of the major countries that drives the market in Asia
Pacific region. However, China held the dominant position in 2016 and is projected to witness
highest CAGR over the forecast period in the region. This is mainly owing to factors such as
growing economy and high investments in smart grid projects.
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Key Players in the Global Smart Kitchen Appliances Market
Key players operating in the global smart kitchen market include General Electric Co. (GE), LG
Electronics Inc., Panasonic Corporation, Samsung Electronics Co. Ltd., Whirlpool Corporation,
Electrolux AB, Koninklijke Philips N.V., Electrolux, Qingdao Haier Co Ltd, and Dacor.