Global Smart Refrigerator Market Growth 2019-2024

20off

This report focuses on Smart Refrigerator. Smart Refrigerator is also called internet refrigerator, which can provide a number of additional features such as more flexible user-controlled cooling options and it can sense the kinds of products inside. Smart refrigerators have a LCD panel for information display and interaction and ability to connect to the internet through Wi-Fi, Radio frequency identification(RIFD), Cellular technology, Bluetooth, ZigBee and Touchscreen.
North America is the largest consumption market in the world, which takes about 43.71% of the global consumption units in 2019.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.

According to this study, over the next five years the Smart Refrigerator market will register a 17.6% CAGR in terms of revenue, the global market size will reach US$ 1023.1 million by 2024, from US$ 454.4 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Smart Refrigerator business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Refrigerator market by product type, application, key manufacturers and key regions and countries.

This study considers the Smart Refrigerator value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
French Doors
Side-by-Side Doors
Triple Doors
Double Doors
Single Door
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Home Appliance
Commercial Appliance

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Whirlpool
Samsung
Haier
Electrolux
LG
Panasonic
Siemens
Bosch
Media
Hisense

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Smart Refrigerator consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Smart Refrigerator market by identifying its various subsegments.
Focuses on the key global Smart Refrigerator manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Smart Refrigerator with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Smart Refrigerator submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of Contents

2019-2024 Global Smart Refrigerator Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Smart Refrigerator Consumption 2014-2024
2.1.2 Smart Refrigerator Consumption CAGR by Region
2.2 Smart Refrigerator Segment by Type
2.2.1 French Doors
2.2.2 Side-by-Side Doors
2.2.3 Triple Doors
2.2.4 Double Doors
2.2.5 Single Door
2.3 Smart Refrigerator Consumption by Type
2.3.1 Global Smart Refrigerator Consumption Market Share by Type (2014-2019)
2.3.2 Global Smart Refrigerator Revenue and Market Share by Type (2014-2019)
2.3.3 Global Smart Refrigerator Sale Price by Type (2014-2019)
2.4 Smart Refrigerator Segment by Application
2.4.1 Home Appliance
2.4.2 Commercial Appliance
2.5 Smart Refrigerator Consumption by Application
2.5.1 Global Smart Refrigerator Consumption Market Share by Application (2014-2019)
2.5.2 Global Smart Refrigerator Value and Market Share by Application (2014-2019)
2.5.3 Global Smart Refrigerator Sale Price by Application (2014-2019)

3 Global Smart Refrigerator by Manufacturers
3.1 Global Smart Refrigerator Sales Market Share by Manufacturers
3.1.1 Global Smart Refrigerator Sales by Manufacturers (2017-2019)
3.1.2 Global Smart Refrigerator Sales Market Share by Manufacturers (2017-2019)
3.2 Global Smart Refrigerator Revenue Market Share by Manufacturers
3.2.1 Global Smart Refrigerator Revenue by Manufacturers (2017-2019)
3.2.2 Global Smart Refrigerator Revenue Market Share by Manufacturers (2017-2019)
3.3 Global Smart Refrigerator Sale Price by Manufacturers
3.4 Global Smart Refrigerator Manufacturing Base Distribution, Sales Area, Product Types by Manufacturers
3.4.1 Global Smart Refrigerator Manufacturing Base Distribution and Sales Area by Manufacturers
3.4.2 Players Smart Refrigerator Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Smart Refrigerator by Regions
4.1 Smart Refrigerator by Regions
4.1.1 Global Smart Refrigerator Consumption by Regions
4.1.2 Global Smart Refrigerator Value by Regions
4.2 Americas Smart Refrigerator Consumption Growth
4.3 APAC Smart Refrigerator Consumption Growth
4.4 Europe Smart Refrigerator Consumption Growth
4.5 Middle East & Africa Smart Refrigerator Consumption Growth

5 Americas
5.1 Americas Smart Refrigerator Consumption by Countries
5.1.1 Americas Smart Refrigerator Consumption by Countries (2014-2019)
5.1.2 Americas Smart Refrigerator Value by Countries (2014-2019)
5.2 Americas Smart Refrigerator Consumption by Type
5.3 Americas Smart Refrigerator Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC
6.1 APAC Smart Refrigerator Consumption by Countries
6.1.1 APAC Smart Refrigerator Consumption by Countries (2014-2019)
6.1.2 APAC Smart Refrigerator Value by Countries (2014-2019)
6.2 APAC Smart Refrigerator Consumption by Type
6.3 APAC Smart Refrigerator Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe
7.1 Europe Smart Refrigerator by Countries
7.1.1 Europe Smart Refrigerator Consumption by Countries (2014-2019)
7.1.2 Europe Smart Refrigerator Value by Countries (2014-2019)
7.2 Europe Smart Refrigerator Consumption by Type
7.3 Europe Smart Refrigerator Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa
8.1 Middle East & Africa Smart Refrigerator by Countries
8.1.1 Middle East & Africa Smart Refrigerator Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Smart Refrigerator Value by Countries (2014-2019)
8.2 Middle East & Africa Smart Refrigerator Consumption by Type
8.3 Middle East & Africa Smart Refrigerator Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Smart Refrigerator Distributors
10.3 Smart Refrigerator Customer

11 Global Smart Refrigerator Market Forecast
11.1 Global Smart Refrigerator Consumption Forecast (2019-2024)
11.2 Global Smart Refrigerator Forecast by Regions
11.2.1 Global Smart Refrigerator Forecast by Regions (2019-2024)
11.2.2 Global Smart Refrigerator Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Smart Refrigerator Forecast by Type
11.8 Global Smart Refrigerator Forecast by Application

12 Key Players Analysis
12.1 Whirlpool
12.1.1 Company Details
12.1.2 Smart Refrigerator Product Offered
12.1.3 Whirlpool Smart Refrigerator Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Whirlpool News
12.2 Samsung
12.2.1 Company Details
12.2.2 Smart Refrigerator Product Offered
12.2.3 Samsung Smart Refrigerator Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Samsung News
12.3 Haier
12.3.1 Company Details
12.3.2 Smart Refrigerator Product Offered
12.3.3 Haier Smart Refrigerator Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Haier News
12.4 Electrolux
12.4.1 Company Details
12.4.2 Smart Refrigerator Product Offered
12.4.3 Electrolux Smart Refrigerator Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Electrolux News
12.5 LG
12.5.1 Company Details
12.5.2 Smart Refrigerator Product Offered
12.5.3 LG Smart Refrigerator Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 LG News
12.6 Panasonic
12.6.1 Company Details
12.6.2 Smart Refrigerator Product Offered
12.6.3 Panasonic Smart Refrigerator Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Panasonic News
12.7 Siemens
12.7.1 Company Details
12.7.2 Smart Refrigerator Product Offered
12.7.3 Siemens Smart Refrigerator Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Siemens News
12.8 Bosch
12.8.1 Company Details
12.8.2 Smart Refrigerator Product Offered
12.8.3 Bosch Smart Refrigerator Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Bosch News
12.9 Media
12.9.1 Company Details
12.9.2 Smart Refrigerator Product Offered
12.9.3 Media Smart Refrigerator Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Media News
12.10 Hisense
12.10.1 Company Details
12.10.2 Smart Refrigerator Product Offered
12.10.3 Hisense Smart Refrigerator Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Hisense News

13 Research Findings and Conclusion

Research Process

The research starts with the extensive procurement process of data/information and statistics from company annual reports, government websites, statistic agencies, and paid databases. This information creates a base for the study. This information also helps to define the scope and to narrow down the area for study for the market. This raw information is processed and analysed to extract crisp data points which currently affect or are likely to affect the industry over the forecast period. After analysing the information, a proprietary market estimation & forecast technique is applied, which generates the quantitative figures/sizes of the market/sub-segments in the current scenario as well as for over the forecast period. After populating the market sizes & estimates, numbers are verified with the industry participants and key opinion leaders. The wide network of industry participants performs a value addition in the research and verify the numbers & estimates of the study. In the last stage of the research process, a final report is prepared which is then published on different websites as well as distributed through various channels. Below figure contains the different stages of the whole research performed to produce the report.

After populating the market sizes & estimates, numbers are verified with the industry participants and key opinion leaders. The wide network of industry participants performs a value addition in the research and verify the numbers & estimates of the study. In the last stage of the research process, a final report is prepared which is then published on different websites as well as distributed through various channels. Below figure contains the different stages of the whole research performed to produce the report.

DATA MINING

Data mining is one of the extensive stages of our research process. It involves the procurement of market data and related information through different verified & credible sources. This step helps to obtain the raw information about the supply chain of the industry, the monetary process of different Products & End-Uses, the pool of market participants & the nature of the industry and the scope of the study. The data mining stage comprises both primary as well as secondary sources of information. Some of the key data sources are as follows:

Secondary Research In the process of secondary research, various sources are referred to identify and collect industry trends and information for the research process. We at having access to some of the most diversified and extensive paid databases which give us the most accurate data/information on markets sizes, Products and pricing.

In the primary research process for data mining, various key industry participants from both supply and demand side are interviewed to obtain both qualitative as well as quantitative information on the market. In-depth interviews with key primary respondents, including industry professionals, subject matter experts (SMEs), industry consultants, and C-level executives of major companies are conducted to obtain critical qualitative and quantitative aspects pertaining to the market, as well as to assess the prospects for market growth over the forecast period.

ANALYSIS

This step involves the analysis & mapping of all the information procured from the previous step. This step also encompasses the scrutiny of data discrepancies observed across various data sources and finalising the appropriate data for estimation and forecasting. This analysis is done by our experienced panel of industry analysts.

MARKET ESTIMATION

Understanding and penetrating the market in terms of valuation is a crucial task in the process of business research. This again becomes significantly important while investing and choosing the business opportunities. In this regard, we perform two ways market sizing approach simultaneously namely top-down and bottom-up approaches. In this step, we place different data points, numeric attributes, information, and industry trends at an appropriate space in order to deduce the estimates & forecast values over the coming years. We use different mathematical models to estimate the market sizes of different economies and segments. Each of which is further summed up to define the total market. We own a proprietary tool for market estimations which helps us to comprehend market size estimates & forecasts for different markets and industries. Below figure explains the process of market estimation using independent tool employed by our analysts to get the sizing off the market.