Germany Smart Kitchen Appliances Market Size & Outlook
Germany smart kitchen appliances market, 2017-2030 (US$M)
Related Markets
Germany smart kitchen appliances market highlights
- The Germany smart kitchen appliances market generated a revenue of USD 882.9 million in 2022 and is expected to reach USD 3,119.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 17.1% from 2023 to 2030.
- In terms of segment, smart refrigerators was the largest revenue generating product in 2022.
- Smart Cookware & Cooktops is the most lucrative product segment registering the fastest growth during the forecast period.
Smart kitchen appliances market data book summary
| Market revenue in 2022 | USD 882.9 million |
| Market revenue in 2030 | USD 3,119.8 million |
| Growth rate | 17.1% (CAGR from 2022 to 2030) |
| Largest segment | Smart refrigerators |
| Fastest growing segment | Smart Cookware & Cooktops |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Refrigerators, Smart Cookware & Cooktops, Smart Dishwashers, Smart Ovens, Other Appliances |
| Key market players worldwide | Whirlpool Corp, LG Electronics Inc ADR, Electrolux AB ADR, Samsung Electronics Co Ltd, Haier Smart Home Co Ltd ADR, Panasonic Holdings Corp, Bosch, Breville Group Ltd, Miele, Daewoo International |
Other key industry trends
- In terms of revenue, Germany accounted for 5.6% of the global smart kitchen appliances market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany smart kitchen appliances market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,119.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Smart Kitchen Appliances Market Scope
Smart Kitchen Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany smart kitchen appliances market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart kitchen appliances market will help companies and investors design strategic landscapes.
Smart refrigerators was the largest segment with a revenue share of 34.16% in 2022. Horizon Databook has segmented the Germany smart kitchen appliances market based on smart refrigerators, smart cookware & cooktops, smart dishwashers, smart ovens, other appliances covering the revenue growth of each sub-segment from 2017 to 2030.
Germany is by far the largest market for food and beverages in the European Union. The Germany food service industry included 222,365 businesses and was mainly dominated by restaurants, snack bars, catering services, public housing, and guest housing as of 2019.
Favorable economic development and a high level of employment have been driving consumer expenditure on eating outside. This, in turn, is expected to result in an increasing number of eateries. In addition, the introduction of innovative and new cuisines inspired by the U.S. food industry has also been contributing to the high traction of this market, and the trend is expected to continue in the coming years.
Reasons to subscribe to Germany smart kitchen appliances market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Germany smart kitchen appliances market databook
-
Our clientele includes a mix of smart kitchen appliances market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany smart kitchen appliances market , including forecasts for subscribers. This country databook contains high-level insights into Germany smart kitchen appliances market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany smart kitchen appliances market size, by product, 2017-2030 (US$M)
Germany Smart Kitchen Appliances Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
