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Global Smart Kettle Market – Industry Trends and Forecast to 2028

FMCG

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Global Smart Kettle Market – Industry Trends and Forecast to 2028

  • FMCG
  • Upcoming Report
  • Jul 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Smart Kettle Market, By Technology (Wi-Fi, Bluetooth, Voice-enabled and Others), Power Rating (Up to 1200 W, 1200-1800 W and 1800-3000 W), Operating System (Android and iOS), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.

Smart Kettle Market

Market Analysis and Insights: Global Smart Kettle Market

The smart kettle market is expected to witness market growth at a rate of 20.0% in the forecast period of 2021 to 2028 and is estimated to reach USD 1,504.93 million by 2028. Data Bridge Market Research report on smart kettle market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the penetration of the Internet of Things is escalating the growth of smart kettle market.

 The smart kettle can be referred as smart kitchen appliance of the next generation that arises with improved features for transmitting and connecting information utilizing technologies like Wi-Fi, and others. The smart kettle comes with developed technologies that support the customer to manage it through a smartphone from any corner of the house. The smart kettle comes with a temperature selector, and it can also be monitored through the smartphone utilize the voice technology.

Major factors that are expected to boost the growth of the smart kettle market in the forecast period are the rise in the need for household appliances. Furthermore, the development in the wireless communication and IT is further anticipated to propel the growth of the smart kettle market. Moreover, the initiatives taken by the government for the energy-effective smart devices is further estimated to cushion the growth of the smart kettle market. On the other hand, the rise in the costs of the products is further projected to impede the growth of the smart kettle market in the timeline period.

  • In addition, the rise in the consumer disposable income and increase in the consciousness of connected homes will further provide potential opportunities for the growth of the smart kettle market in the coming years. However, the production for smart kettle has been unexpectedly shut down due to the COVID-19 implications might further challenge the growth of the smart kettle market in the near future.

This smart kettle market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on smart kettle market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth. 

Smart Kettle Market Scope and Market Size

The smart kettle market is segmented on the basis of technology, power rating and operating system. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.    

  • On the basis of technology, the smart kettle market is segmented into Wi-Fi, bluetooth, voice-enabled and others.
  • On the basis of power rating, the smart kettle market is segmented into up to 1200 w, 1200-1800 w and 1800-3000 w.
  • On the basis of operating system, the smart kettle market is segmented into android and iOS

Smart Kettle Market Country Level Analysis

The smart kettle market is analysed and market size, volume information is provided by country, technology, power rating and operating system as referenced above.    

The countries covered in the smart kettle market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. 

Asia-Pacific dominates the smart kettle market due to the shift in the in lifestyle. Furthermore, the rise in the income will further boost the growth of the smart kettle market in the region during the forecast period. Asia-Pacific is also projected to observe significant amount of growth in the smart kettle market due to the rise in the trend of smart connected homes in small kitchen appliances. Moreover, the evolution in smartphone technology is further anticipated to propel the growth of the smart kettle market in the region in the coming years.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Smart Kettle Market Share Analysis

The smart kettle market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to smart kettle market.

The major players covered in the smart kettle market report are Apple Inc., Breville USA, Inc., BRG Appliances Limited, Smartco Group Inc., Smarter, Allgemeine Elektricitäts-Gesellschaft AG, Auroma Brewing Company, Epica Kettle, Midea Group, OXO, OVENTE., BILACA, Xiaomi Global Community, Primens Store, Smart Food Scale., KEENSO, Haofy, Thousandshores., KRUPS, Tefal, Conagra Brands., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.  


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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