Smart Refrigerator Market by Type (French Doors, Triple Doors, Double Doors, Single Doors, and Side by Side Doors), Technology (WIFI, Touchscreen, RFID, and Bluetooth Connectivity), Application (Residential and Commercial), and Price (High, Mid, and Low): Global Opportunity Analysis and Industry Forecast, 2019–2026
| A05098 | Pages: NA | Oct 2020 | 2125 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Smart Refrigerator Market
Request Now !Smart Refrigerator Market Outlook-2026
Smart refrigerator is also known as advanced refrigerator because it is built with a high-tech programed sensor, which helps detect the type of items stored inside and keep the track of all-important details such as expiry and usage. These refrigerators scan the items through barcode and RFID and determine itself whenever a food item needs to be replenished. Smart refrigerator allows remote monitoring and can be controlled from anywhere and from any device having access.
Electrolux Group the world’s largest manufacturer of appliances has recently launched a product named “Electrolux Screen Fridge”, which helps in grocery shopping, dinner plans, and tracking of items. In addition, LG introduced Smart ThinQ LFX31995ST the first internet connected fridge.
The smart refrigerator market is expected to witness growth in the forthcoming year (from 2019 to 2026) due to increase in demand for technological advancements in consumer electronics industry vertical. Increase in urban population followed by the rise in disposable incomes of the consumers contributes to the smart refrigerator market growth. Purchasing power increases with the rise in disposable income of the consumers. This fosters the growth of the smart refrigerator market. Various technological advancements such as artificial intelligence, IoT, and wireless communication create lucrative opportunities for the market. The integration of such technologies in smart refrigerators enhance its processing and allows remote monitoring and control.
Factors such as growth in adoption of smart devices in developing regions and increase in use of IoT technology in smart devices are the major key drivers for the growth of the smart refrigerator market. However, high installation and maintenance cost act as a major restraint and hamper the market growth globally. Furthermore, rise in adoption of smart cities and smart infrastructures and increase in investments in R&D related to IoT provide huge opportunities for the growth of the smart refrigerator market.
The smart refrigerator market is segmented into type, technology, application, price, and region. Based on type, the market is classified into French doors, triple doors, double doors, single doors, and side by side doors. Based on technology, it is categorized into WIFI, touchscreen, RFID, Bluetooth Connectivity, and cellular technology. Based on application, the market is analyzed across residential and commercial. Based on price, the market is segregated into high, mid, and low. Based on region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in the smart refrigerator industry are Panasonic, Siemens, Bosch, Whirlpool, Samsung, Electrolux, LG, Haier, Media, and Hisense. These key players focus on R&D of technology advancement, which is easily incorporated with an appliance and makes product effective. The key development strategies include collaboration and partnership.
KEY BENEFITS FOR STAKEHOLDERS
- This study includes the analytical depiction of the global smart refrigerator market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information regarding the key drivers, restraints, and opportunities.
- The current market is quantitatively analyzed from 2019 to 2026 to highlight the financial competency of the industry.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
KEY MARKET SEGMENTS
By Type
- French Door
- Triple Doors
- Double Doors
- Single Doors
- Side by Side Doors
By Technology
- WIFI
- Touchscreen
- RFID
- Bluetooth Connectivity
- Cellular Technology
By Application
- Residential
- Commercial
By Prices
- High
- Mid
- Low
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Smart Refrigerator Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.