The global demand for Smart Cooktop Market is presumed to reach the market size of nearly USD 6.93 BN by 2030 from USD 2.81 BN in 2022 with a CAGR of 11.97% under the study period of 2022 - 2030. Regarding volume, the market was calculated XX Thousand Units in 2022 and forecast to touch XX Thousand Units by 2030 with a CAGR of XX% during 2023-2030.
A smart cooktop is an electric stove linked with Wi-Fi or Bluetooth through an app. The app enables users to program automatic functions or remotely control the appliance. Some of them can be voice controlled or connected to other smart home gadgets like Google home or amazon echo. They have features such as conventional cooktops, but their more adaptable configurations and induction burners significantly reduce cooking time.
The growing urbanization, digitalization, changing lifestyle, and rise in consumer income are driving factors for the market growth of smart cooktops. With the increasing penetration of the internet globally, the adoption of smart technology also increases, which is expected to scale up the market growth of smart cooktops. The smart and convenient functions offered by smart cooktops are expected to propel the market expansion of smart cooktops. The growing awareness regarding the safe option these types of stoves provide in place of LPG cylinders is anticipated to fuel the market growth of smart cooktops. Furthermore, the rising investment in technological improvement and new technology launches are expected to boost the market growth of smart cooktops.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of smart cooktop. The growth and trends of Smart Cooktop Industry provide a holistic approach to this study.
This section of the smart cooktop market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Installation
By Width
By Control Type
By Number Of Burners
By End-Use
By Price
By Distribution Channel
This section covers the regional outlook, which accentuates current and future demand for the Smart Cooktop market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the smart cooktop market include Berbel Ablufttechnik GmbH, BSH Home Appliances Corporation, Cooking Surface, Dacor, Inc., Electrolux, Gaggenau Hausgeräte, GE Appliances, a Haier company, Hestan CUE, Meyer Corporation, Miele, and Samsung. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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