Europe Smart Kitchen Appliance Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Smart Ovens, Smart Refrigerator, Smart Juicers and Blenders, Smart Cookers and Cooking Robots, Smart Cooktops, Smart Integrated Cooktops and Ovens, Smart Sous Vide, and Others), Connectivity (Wi-Fi, and Bluetooth), and End User (Residential, and Commercial)

Market Introduction

The smart kitchen appliances products encompasses set of consumer kitchen appliances and electronics exclusively designed for commercial and/or residential cooking requirements. The key differentiating factor between the conventional and smart kitchen appliances is that the later utilizes the application of any technology driven solutions or features that facilitates in enhanced consumer experience for its customers compared to the conventional kitchen appliances.

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Market Overview and Dynamics

The Europe smart kitchen appliance market is expected to reach US$ 15,358.9 million by 2028 from US$ 4,955.1 million in 2021; it is estimated to grow at a CAGR of 17.5% from 2021 to 2028. A few of the major factors contributing to the market growth include cost-effectiveness and communication ability of smart kitchen appliances, and availability of superior internet connectivity across Europe. However, vulnerability to cyber-crimes and higher upfront costs restrict the market growth.

Smart kitchen appliances are recent technologies that are gaining prominence in developed countries. According to the Cisco Internet Report, connected homes will hold a share of 48% across all the Internet of Things (IoT) applications. The use of smart lighting, smart locks, and thermostats is prominent in Europe region. Smart kitchen appliances benefit end users through cost-effectiveness, communication ability, and safety and convenience. The initial investments toward the procurement of smart kitchen appliances are on the higher side; however, in the long run, these appliances help customers reduce costs associated with periodic maintenance and energy consumption. The traditional or modern electronics or electrical appliances conserve less energy; however, they require periodic maintenance, incurring high costs. The integration of sensor technologies in smart kitchen appliances enables the devices to sense the performance and alert the owners in case of any faults. This factor reduces the repetitive costs. LG ThinQ is a smartphone application offered by LG Electronics for its smart appliances, which feature self-diagnosis abilities; the diagnosis results can be accessed by end users using the LG ThinQ application. Further, the application provides necessary troubleshooting instructions to users to diagnose problems, which eliminates the need to contact repair personnel for minor problems. Another advantage of smart kitchen appliances is their ability to communicate with each other over wireless networks. Users can also communicate with these appliances through their smartphone applications. As a result, smart technologies enable the owners to control, monitor, and access the appliances remotely. Smart kitchen appliances such as smart ovens allow them to switch off or on the stove from their smartphones. The integration of various sensors and built-in cameras with smart refrigerators also allows the owners to update the shopping list with ease. Smart refrigerators have screens that are used as notepads as well as to check temperature and energy consumption patterns. The owners of smart refrigerators can easily control and manage the refrigerators according to the refrigerator's performance and switch between various modes through smartphones. These advantages of smart refrigerators are propelling their popularity in commercial and residential sectors.

Germany, Belgium, Poland, the UK, and the Netherlands are the worst-hit countries by the COVID-19 pandemic in the region. The UK, Germany, and France have numerous electronic component manufacturers. The emergence of SARS-CoV-2 has impacted the businesses of European electronics manufacturers. For instance, AB Electrolux’s five consumer electronics manufacturing facilities in Italy reported a substantial disruption in supply lines in 2020. Also, limited workforce availability and mandate at manufacturing facilities further slowed down the performance of supply side. However, from the Q1 of 2021, manufacturers started to ramp up the production to their fullest capacities as economies reopened and containment measures were relaxed.

Key Market Segments

Based on product, the Europe smart kitchen appliance market is segmented into smart ovens, smart refrigerators, smart sous vide, smart juicers & blenders, smart cookers & cooking robots, smart cooktops, smart integrated ovens and cooktops, and others. The others segment includes smart dishwashers and smart coffee vending machines. In 2021, the smart refrigerator segment held the largest share of the market, and it is expected to register the highest CAGR during 2021–2028.

Based on end user, the Europe smart kitchen appliance market is segmented into commercials and residential. In 2021, the residential segment held a larger market share. The market for this segment is expected to grow at a faster CAGR during 2021–2028.

Major Sources and Companies Listed

A few of the market players profiled during the study of report on the Europe smart kitchen appliance market are Electrolux AB, BSH Hausgeräte GmbH and GE Appliances.

Reasons to buy the report

Determine prospective investment areas based on a detailed trend analysis of Europe smart kitchen appliance market over the next years.
Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.
Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
Identify the major channels driving the Europe smart kitchen appliance market, providing a clear picture of future opportunities that will help analyze, resulting in revenue expansion.
Channelize resources by focusing on the ongoing programs undertaken by the different countries within the Europe smart kitchen appliance market.

EUROPE SMART KITCHEN APPLIANCE MARKET SEGMENTATION

By Product

By Connectivity

Wi-Fi
Bluetooth

By End User

Residential
Commercial

By Country

Company Profiles

1. Introduction

1.1 Scope of the Study

1.2 The Insight partners research report guidance

1.3 Market segmentation

1.3.1 Europe Smart Kitchen Appliance Market – By Product

1.3.2 Europe Smart Kitchen Appliance Market – By End-User

1.3.3 Europe Smart Kitchen Appliance Market – By Connectivity

1.3.4 Europe Smart Kitchen Appliance Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Smart Kitchen Appliance Market landscape

4.1 Market Overview

4.2 Ecosystem Analysis

4.3 Pest Analysis

4.3.1 Europe PEST Analysis

5. Smart Kitchen Appliances Market – Key Industry Dynamics

5.1 Key Market Drivers

5.1.1 Cost-Effectiveness and Communication Ability of Smart Kitchen Appliances

5.1.2 Increase in Internet Penetration

5.2 Market Restraints

5.2.1 Vulnerability to Cyber Crimes and Higher Upfront Cost

5.3 Market Opportunities

5.3.1 Substantial Growth in Smart Home and Smart Hotel Projects

5.4 Future Trends

5.4.1 Mergers and Partnerships

5.5 Impact Analysis Of Drivers And Restraints

6. Smart Kitchen Appliance –Europe Market Analysis

6.1 Europe Smart Kitchen Appliance Market Overview

6.2 Europe Smart Kitchen Appliance Market Revenue Forecast and Analysis

7. Europe Smart Kitchen Appliance Market Analysis – By Product

7.1 Overview

7.2 Smart Kitchen Appliance Market Revenue Breakdown, By Product, 2020 & 2028

7.3 Smart Ovens

7.3.1 Overview

7.3.2 Smart Ovens Market Revenue Forecasts to 2028 (US$ Mn)

7.4 Smart Refrigerator

7.4.1 Overview

7.4.2 Smart Refrigerators Market Revenue Forecasts to 2028 (US$ Mn)

7.5 Smart Juicers & Blenders

7.5.1 Overview

7.5.2 Smart Juicers & Blenders Market Revenue Forecasts to 2028 (US$ Mn)

7.6 Smart Cookers & Cooking Robots

7.6.1 Overview

7.6.2 Smart Cookers & Cooking Robots Market Revenue Forecasts to 2028 (US$ Mn)

7.7 Smart Cooktops

7.7.1 Overview

7.7.2 Smart Cooktops Market Revenue Forecasts to 2028 (US$ Mn)

7.8 Smart Integrated Ovens & Cooktops

7.8.1 Overview

7.8.2 Smart Integrated Ovens & Cooktops Market Revenue Forecasts to 2028 (US$ Mn)

7.9 Smart Sous Vide

7.9.1 Overview

7.9.2 Smart Sous Vide Market Revenue Forecasts to 2028 (US$ Mn)

7.10 Others

7.10.1 Overview

7.10.2 Others Market Revenue Forecasts to 2028 (US$ Mn)

8. Europe Smart kitchen appliances market Analysis – By Connectivity

8.1 Overview

8.2 Europe Smart Kitchen Appliances Market Revenue Breakdown, By Connectivity, 2020 & 2028

8.3 Wi-Fi

8.3.1 Overview

8.3.2 Wi-Fi Revenue Forecasts to 2028 (US$ Mn)

8.4 Bluetooth

8.4.1 Overview

8.4.2 Bluetooth Market Revenue Forecasts to 2028 (US$ Mn)

9. Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – End User

9.1 Overview

9.2 Smart Kitchen Appliance Market Revenue Breakdown, By End User, 2020 & 2028

9.3 Commercial

9.3.1 Overview

9.3.2 Commercial Market Revenue Forecasts to 2028 (US$ Mn)

9.4 Residential

9.4.1 Overview

9.4.2 Residential Market Revenue Forecasts to 2028 (US$ Mn)

10. Smart Kitchen Appliance Market – Europe Analysis

10.1 Europe Smart Kitchen Appliances Market Revenue Forecasts to 2028

10.1.1 Europe Smart Kitchen Appliances Market Revenue Forecasts to 2028 (US$ Mn)

10.1.2 Europe Smart Kitchen Appliance Market Revenue Breakdown by Product

10.1.3 Europe Smart Kitchen Appliance Market Revenue Breakdown by Connectivity

10.1.4 Europe Smart Kitchen Appliance Market Revenue Breakdown by End User

10.1.5 Europe Smart Kitchen Appliance Market Revenue Breakdown, by Key Countries

10.1.5.1 Germany Smart Kitchen Appliance Market Revenue Forecasts to 2028 (US$ MN)

10.1.5.1.1 Germany Smart Kitchen Appliance Market Revenue by Product

10.1.5.1.2 Germany Smart Kitchen Appliance Market Revenue by Connectivity

10.1.5.1.3 Germany Smart Kitchen Appliance Market Revenue by End User

10.1.5.2 France Smart Kitchen Appliance Market Revenue Forecasts to 2028 (US$ MN)

10.1.5.2.1 France Smart Kitchen Appliance Market Revenue by Product

10.1.5.2.2 France Smart Kitchen Appliance Market Revenue by Connectivity

10.1.5.2.3 France Smart Kitchen Appliance Market Revenue by End User

10.1.5.3 Italy Smart Kitchen Appliance Market Revenue Forecasts to 2028 (US$ MN)

10.1.5.3.1 Italy Smart Kitchen Appliance Market Revenue by Product

10.1.5.3.2 Italy Smart Kitchen Appliance Market Revenue by Connectivity

10.1.5.3.3 Italy Smart Kitchen Appliance Market Revenue by End User

10.1.5.4 Spain Smart Kitchen Appliance Market Revenue Forecasts to 2028 (US$ MN)

10.1.5.4.1 Spain Smart Kitchen Appliance Market Revenue by Product

10.1.5.4.2 Spain Smart Kitchen Appliance Market Revenue by Connectivity

10.1.5.4.3 Spain Smart Kitchen Appliance Market Revenue by End User

10.1.5.5 United Kingdom Smart Kitchen Appliance Market Revenue Forecasts to 2028 (US$ MN)

10.1.5.5.1 United Kingdom Smart Kitchen Appliance Market Revenue by Product

10.1.5.5.2 United Kingdom Smart Kitchen Appliance Market Revenue by Connectivity

10.1.5.5.3 United Kingdom Smart Kitchen Appliance Market Revenue by End User

10.1.5.6 Russia Smart Kitchen Appliance Market Revenue Forecasts to 2028 (US$ MN)

10.1.5.6.1 Russia Smart Kitchen Appliance Market Revenue by Product

10.1.5.6.2 Russia Smart Kitchen Appliance Market Revenue by Connectivity

10.1.5.6.3 Russia Smart Kitchen Appliance Market Revenue by End User

10.1.5.7 Poland Smart Kitchen Appliance Market Revenue Forecasts to 2028 (US$ MN)

10.1.5.7.1 Poland Smart Kitchen Appliance Market Revenue by Product

10.1.5.7.2 Poland Smart Kitchen Appliance Market Revenue by Connectivity

10.1.5.7.3 Poland Smart Kitchen Appliance Market Revenue by End User

10.1.5.8 Sweden Smart Kitchen Appliance Market Revenue Forecasts to 2028 (US$ MN)

10.1.5.8.1 Sweden Smart Kitchen Appliance Market Revenue by Product

10.1.5.8.2 Sweden Smart Kitchen Appliance Market Revenue by Connectivity

10.1.5.8.3 Sweden Smart Kitchen Appliance Market Revenue by End User

10.1.5.9 Netherlands Smart Kitchen Appliance Market Revenue Forecasts to 2028 (US$ MN)

10.1.5.9.1 Netherlands Smart Kitchen Appliance Market Revenue by Product

10.1.5.9.2 Netherlands Smart Kitchen Appliance Market Revenue by Connectivity

10.1.5.9.3 Netherlands Smart Kitchen Appliance Market Revenue by End User

10.1.5.10 Rest of Europe Smart Kitchen Appliance Market Revenue Forecasts to 2028 (US$ MN)

10.1.5.10.1 Rest of Europe Smart Kitchen Appliance Market Revenue by Product

10.1.5.10.2 Rest of Europe Smart Kitchen Appliance Market Revenue by Connectivity

10.1.5.10.3 Rest of Europe Smart Kitchen Appliance Market Revenue by End User

11. Impact of COVID-19 Pandemic

11.1 Europe: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

13. Company Profiles

13.1 Electrolux AB

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 BSH Hausgeräte GmbH

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 GE Appliances

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 LG Electronics

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Koninklijke Philips N.V.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Panasonic Corporation

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Samsung Electronics Co., Ltd.

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Breville Group Limited

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Whirlpool Corporation

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Vita-Mix Corporation

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary of Terms

LIST OF TABLES

Table 1. Europe Smart kitchen appliance Market Revenue and Forecasts to 2028 – By Product (US$ Mn)

Table 2. Europe Smart kitchen appliance Market Revenue and Forecasts to 2028 – By Connectivity (US$ Mn)

Table 3. Europe Smart kitchen appliance Market Revenue and Forecasts to 2028 – By End User (US$ Mn)

Table 4. Germany Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By product (US$ Mn)

Table 5. Germany Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By Connectivity (US$ Mn)

Table 6. Germany Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By end user (US$ Mn)

Table 7. France Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By product (US$ Mn)

Table 8. France Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By Connectivity (US$ Mn)

Table 9. France Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By end user (US$ Mn)

Table 10. Italy Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By product (US$ Mn)

Table 11. Italy Smart Kitchen Appliance Market Revenue And Forecasts To 2028 – By Connectivity (US$ Mn)

Table 12. Italy Smart kitchen appliance market Revenue and Forecasts to 2028 – By end user (US$ Mn)

Table 13. Spain Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By product (US$ Mn)

Table 14. Spain Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By Connectivity (US$ Mn)

Table 15. Spain Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By end user (US$ Mn)

Table 16. United Kingdom Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By product (US$ Mn)

Table 17. United Kingdom Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By Connectivity (US$ Mn)

Table 18. United Kingdom Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By end user (US$ Mn)

Table 19. Russia Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By product (US$ Mn)

Table 20. Russia Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By Connectivity (US$ Mn)

Table 21. Russia Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By end user (US$ Mn)

Table 22. Poland Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By product (US$ Mn)

Table 23. Poland Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By Connectivity (US$ Mn)

Table 24. Poland Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By end user (US$ Mn)

Table 25. Sweden Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By product (US$ Mn)

Table 26. Sweden Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By Connectivity (US$ Mn)

Table 27. Sweden Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By end user (US$ Mn)

Table 28. Netherlands Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By product (US$ Mn)

Table 29. Netherlands Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By Connectivity (US$ Mn)

Table 30. Netherlands Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By end user (US$ Mn)

Table 31. Rest of Europe Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By product (US$ Mn)

Table 32. Rest Of Europe Smart Kitchen Appliance Market Revenue And Forecasts to 2028 – By Connectivity (US$ Mn)

Table 33. Rest of Europe Smart Kitchen Appliance Market Revenue and Forecasts to 2028 – By end user (US$ Mn)

Table 34. Glossary of Term: Global Smart Kitchen Appliance Market

LIST OF FIGURES

Figure 1. Europe Smart Kitchen Appliance Market Segmentation

Figure 2. Europe Smart Kitchen Appliance Market Segmentation by Country

Figure 3. Europe Smart Kitchen Appliances Market Overview

Figure 4. Smart Refrigerators Segment held the Largest Share of Smart Kitchen Appliances Market

Figure 5. Wi-Fi Segment held the Largest Share of Smart Kitchen Appliances Market

Figure 6. Residential Segment held the Largest Share of Smart Kitchen Appliances Market

Figure 7. Smart Kitchen Appliances Market Ecosystem Analysis

Figure 8. Europe PEST Analysis

Figure 9. Smart Kitchen Appliance Market Impact Analysis Of Driver And Restraints

Figure 10. Europe Smart Kitchen Appliance Market Revenue Forecast and Analysis

Figure 11. Smart Kitchen Appliance Market Revenue Breakdown, By Product, 2020 & 2028 (%)

Figure 12. Smart Ovens Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 13. Smart Refrigerators Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 14. Smart Juicers & Blenders Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 15. Smart Cookers & Cooking Robots Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 16. Smart Cooktops Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 17. Smart Integrated Ovens & Cooktops Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 18. Smart Sous Vide Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 19. Others Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 20. Europe Smart Kitchen Appliances Market Revenue Breakdown By Connectivity, 2020 & 2028 (%)

Figure 21. Wi-Fi Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 22. Bluetooth Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 23. Smart Kitchen Appliance Market Revenue Breakdown, By End User, 2020 & 2028 (%)

Figure 24. Commercial market Revenue and Forecasts to 2028 (US$ Mn)

Figure 25. Residential Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 26. Europe Smart Kitchen Appliance market Revenue and Forecasts to 2028 (US$ Mn)

Figure 27. Europe Smart kitchen appliance market revenue Breakdown by product, 2020 & 2028 (%)

Figure 28. Europe Smart kitchen appliance Market Revenue Breakdown by Connectivity, 2020 & 2028 (%)

Figure 29. Europe Smart kitchen appliance Market Revenue Breakdown by end user, 2020 & 2028 (%)

Figure 30. Europe Smart Kitchen Appliance Market Revenue Breakdown by Key Countries, 2020 & 2028(%)

Figure 31. GERMANY Smart Kitchen Appliance Market Revenue and Forecasts to 2028 (US$ MN)

Figure 32. FRANCE Smart Kitchen Appliance Market Revenue and Forecasts to 2028 (US$ MN)

Figure 33. ITALY Smart Kitchen Appliance Market Revenue And Forecasts to 2028 (US$ MN)

Figure 34. SPAIN Smart Kitchen Appliance Market Revenue and Forecasts to 2028 (US$ MN)

Figure 35. UNITED KINGDOM Smart Kitchen Appliance Market Revenue and Forecasts to 2028 (US$ MN)

Figure 36. RUSSIA Smart Kitchen Appliance Market Revenue and Forecasts to 2028 (US$ MN)

Figure 37. POLAND Smart Kitchen Appliance Market Revenue and Forecasts to 2028 (US$ MN)

Figure 38. SWEDEN Smart Kitchen Appliance Market Revenue and Forecasts to 2028 (US$ MN)

Figure 39. NETHERLANDS Smart Kitchen Appliance Market Revenue and Forecasts to 2028 (US$ MN)

Figure 40. Rest Of Europe Smart Kitchen Appliance Market Revenue and Forecasts to 2028 (US$ MN)

Figure 41. Impact of COVID-19 Pandemic in Europe Country Markets

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe smart kitchen appliance market.
Highlights key business priorities in order to assist companies to realign their business strategies.
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Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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