PUBLISHER: The Business Research Company | PRODUCT CODE: 1727932
PUBLISHER: The Business Research Company | PRODUCT CODE: 1727932
Smart kitchens refer to modern kitchens that integrate advanced technologies to enhance cooking, food storage, and overall kitchen management. These kitchens feature connected devices such as smart refrigerators, ovens, dishwashers, and lighting systems, all of which can be controlled remotely via smartphones, voice commands, or automation systems.
The main products in smart kitchens include smart refrigerators, smart ovens, smart dishwashers, smart cooktops, and others. Smart refrigerators, for example, are internet-connected appliances that utilize advanced features such as touchscreens, AI, and remote monitoring to improve convenience, energy efficiency, and food management. These appliances incorporate technologies such as Wi-Fi-enabled devices, Bluetooth connectivity, radio-frequency identification (RFID), voice-activation, and sensor-based systems, serving both residential and commercial users.
The smart kitchens market research report is one of a series of new reports from The Business Research Company that provides smart kitchens market statistics, including the smart kitchens industry global market size, regional shares, competitors with the smart kitchens market share, detailed smart kitchens market segments, market trends, and opportunities, and any further data you may need to thrive in the smart kitchens industry. This smart kitchens market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The smart kitchens market size has grown exponentially in recent years. It will grow from $36.59 billion in 2024 to $46.31 billion in 2025 at a compound annual growth rate (CAGR) of 26.6%. The growth during the historic period can be attributed to a rising demand for convenience, growing consumer interest in energy efficiency, increased focus on health and wellness, a greater demand for automation, and an increased emphasis on sustainability.
The smart kitchens market size is expected to see exponential growth in the next few years. It will grow to $117.50 billion in 2029 at a compound annual growth rate (CAGR) of 26.2%. The growth during the forecast period can be attributed to the rising demand for automation, the increasing need for connected appliances, the growing adoption of smart home ecosystems, the rise in the use of voice assistants, and a growing demand for personalized cooking experiences. Key trends in the forecast period include the development of smart appliances, the integration of connected devices, innovations in appliance design and functionality, the incorporation of AI and automation, and further integration of voice assistants.
The increasing emphasis on energy efficiency and sustainability is expected to drive the growth of the smart kitchens market. This shift towards energy efficiency and sustainability is fueled by factors such as rising energy costs, growing environmental concerns, regulatory pressures, technological advancements, consumer demand for eco-friendly products, and the need to mitigate the impacts of climate change. Smart kitchens contribute to energy efficiency and sustainability by optimizing energy usage through automated systems, energy-saving appliances, and smart technologies that help reduce waste and improve resource management. For example, in 2024, the International Energy Agency (IEA), a France-based intergovernmental organization, reported that total net electricity production within the OECD reached 882.1 TWh, a 1.2% increase compared to 2023. Moreover, electricity generation for the first three quarters of 2024 increased by 2.5% compared to the same period in 2023. As a result, the growing focus on energy efficiency and sustainability is driving the smart kitchens market.
Companies in the smart kitchen market are increasingly developing technologically advanced solutions, such as all-in-one connected kitchen platforms, to improve convenience, functionality, and user experience. An all-in-one connected kitchen platform integrates various smart kitchen devices and appliances into a unified network, enabling them to communicate and be controlled seamlessly. For example, in September 2023, Fresc Technologies Inc., an Ireland-based technology company, launched KitchenOS, an integrated operating system for smart kitchens. KitchenOS provides features such as device integration, voice control, AI-driven assistance, energy management, and remote control. It offers a range of systems, from basic ones that connect essential appliances to advanced systems that provide full automation and personalized cooking experiences.
In February 2022, Crompton Greaves Consumer Electricals Limited, an India-based company specializing in pumps and consumer electrical products, acquired Butterfly Gandhimathi Appliances for $2.5 billion. This acquisition aims to help Crompton expand its kitchen appliances portfolio, leverage Butterfly's established brand and distribution network, and strengthen its position in the consumer durables market. Butterfly Gandhimathi Appliances is known for its innovative smart kitchen products, including mixers, grinders, and cooktops.
Major players in the smart kitchens market are Samsung Electronics Co. Ltd., Robert Bosch GmbH, Siemens AG, LG Electronics Inc., General Electric, Panasonic Corporation, Midea Group Co. Ltd., Haier Group Corporation, KitchenAid Inc., Whirlpool Corporation, Koninklijke Philips N.V, BSH Hausgerate GmbH, Electrolux AB, Groupe SEB S.A., Miele And Cie. KG, Beko Elektronik A.S, Butterfly Gandhimathi Appliances Limited, Zerowatt S.p.A, Tovala Inc., Brava Home Inc., Anova Culinary LLC, Cosori Inc., Daewoo Electronics Corporation.
North America was the largest region in the smart kitchens market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in smart kitchens report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the smart kitchens market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The smart kitchens market consists of revenues earned by entities by providing services such as customization, smart home integration, consultation and design, data monitoring and analytics, installation and setup, and connected kitchen platforms. The market value includes the value of related goods sold by the service provider or included within the service offering. The smart kitchens market also includes sales of smart trash bins, smart faucets, smart cooktops, smart dishwashers, smart toasters, and blenders and sensors. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Smart Kitchens Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on smart kitchens market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for smart kitchens ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The smart kitchens market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.