Europe Smart Kitchen Appliances Market Size & Industry Report 2030

 


The Europe smart kitchen appliances market size was estimated at USD 5.00 billion in 2023 and it is projected to grow at CAGR of 15.7% from 2024 to 2030. This anticipated growth can be attributed to increasing acceptance of scientifically advanced kitchen appliances in commercial and residential applications, growing work timings resulting in lesser accessible time for food preparations and related activities. The economical and affordable smart kitchen appliances provided by key market companies entice customers from households as well as commercial spaces. Increased use of IoT technology is also backing the upsurge in demand for smart kitchen appliances in the region.

The Germany smart kitchen appliances market accounted for 5.58% of global smart kitchen appliances market revenue in 2023. Technological advancements in the industry have empowered businesses in food preparation market to reduce the human effort and generate errorless processes through adoption of smart appliances. Larger kitchens of hotels and restaurants often cook food in greater quantities, which they need to serve in lesser time. In addition, small and medium scale businesses prefer to operate in such a work environment where less human resources will be used, and higher share of the process will be taken care by smart appliances. This approach prevails mainly due to less space, smaller scale and an attempt to serve greater number of customers.

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Key Europe Smart Kitchen Appliances Company Insights
The market is fragmented in nature with presence of many brands and companies operating in the same space, including similar technologies, and catering to same set of audiences. This industry consists of both established companies as well as new entrants.

Bosch, company based in Germany, entails technologies invented by reputed German engineering, which are often developed with customer focused strategies. The company uses stainless steel in its well-received products such as self-cleaning and cooling fan. Robert Bosch GmbH, popular as Bosch, was founded in 1886 in Stuttgart and now it is headquartered in Gerlingen, Germany.

Gaggenau, one of the oldest key market participant, has been in business of home appliances for more than centuries. This company is now headquartered in Germany; it produces convection ovens, smart refrigerators, coffee-machines, dishwashers and more.

key Europe Smart Kitchen Appliances Companies:
Whirlpool
Gaggenau
Miele
Electrolux AB
Bosch
LG
Thermador
Liebherr
Siemens
Neff

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/europe-smart-kitchen-appliances-market-report

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