Smart Kettle Market: Global Industry Analysis and Forecast (2023-2029)

Smart Kettle Market was valued at US$ 601.12 Mn. in 2022. Smart Kettle Market size is estimated to grow at a CAGR of 12.17 %.

Smart Kettle Market Overview:

Smart kettle is a smart kitchen appliance, which offers benefits like ease in operating and less time consumption. Smart kettle has inbuilt technology, which enables it to be operated with a smart phone at select temperature. Nowadays, peoples are living a fast-paced life. The emergence of the Internet of Things (IoT) and the production of the smartphone have linked seamlessly together and formed widespread digital networks.Smart Kettle MarketTo know about the Research Methodology :- Request Free Sample Report The Smart kettle market has a presence of a limited number of key players across the globe. The industry is currently underprovided with only a limited set of key players, which are deploying smart solutions. The report has covered the market trends from 2022 to forecast the market through 2029.

Smart Kettle Market Dynamics:

The growth in the consumer disposable income, awareness of connected homes and technological trends like high integration of Internet of Things (IoT) and Artificial Intelligence (AI) enabled devices are some of the driving factors, which are increasing demand for smart kettles in residential and commercial applications. Additionally, presence of number of internet users and adoption of smart devices with energy-saving and low carbon emission-oriented solutions are boosting demand for smart kettle. Consumer demand for Smart kitchen: Increase the production of Smart Kettle Small kitchen appliances industry is expected to grow at a 7.66% rate of CAGR during the forecast period. The number of internets, smartphone, users are increasing at a rapid rate. The convenience of monitoring smart appliances through smartphones are attracting users to adopt innovative solutions. The manufactures have introduced Smart kettle, which works on wireless operations with remote access from mobile. It monitors temperature of the device. It is designed with technologies like Wi-Fi, Bluetooth, and voice assistance. An introduction of digital assistance applications like voice control are gaining popularity, which have the ability to control smart technology integrated products through a smart connection. High proliferation of online e-commerce channels: Drive the market Growth The demand for smart kitchen appliances across developed and developing economies are increasing. A shift in trend of consumers towards technology-led products are driving the need for energy-efficient kettles. The connected kettles have made a new significance in the emerging world of IoT and AI-enabled devices, which is expected to lead to a fast-paced growth for smart kettles. The prominent market key players have made strong sales channels and distribution networks to deliver services to their end users. An increase in the sales of smart home products and offerings through the online medium is expected to drive market growth in the near future. Consumers are able to check prices of different brands through the many online price comparisons websites like Amazon. Currently, consumers are expected to see different products at lower cost. Brand loyalty of the prominent key players are expected to increase the revenue. Technological Advancements in smart kitchen appliances Industry: Drive Adoption of Smart Kettle Technology innovations in the smart kitchen appliances Industry offers more options, which creating new possibilities. Technology innovation in smart technologies and integration of IoT for smart kettles with Wi-Fi, voice-enabled, and Bluetooth services are becoming popular among consumers, which drives the need for Smart Kettle. Key Players operating in the market are expected to focus on introduction of kettle, which can be easily integrated with operating systems like Android and iOS using the mobile app. An increase in consumer preference for penetration of smart kettles with IoT-enabled devices and voice-assisted operations like on/off and setting alarms are expected to drive the market growth.

Smart Kettle Market Segment Analysis:

Based on the power rating, smart kettle market is segmented into up to 1200 W, 1200-1800 W, and 1800-3000 W. Some of the prominent key players are trying to introduce new products with the different power rating range. The presence of high purchasing power of consumers across North America and Europe are boosting the global market growth. The range of 1200-1800 W is expected to contribute more than 40% share in 20221. The some of advanced features like Voice assistance, smart water level sensors, and temperature settings for making green tea, coffee, and boiling water are encouraging consumers to look for high-powered smart kettles. Smart technology features integration such as cool touch, reliable sensor technology, voice assistance, and IoT-enabled access are increasing the demand for smart kettles.

Smart Kettle Market Regional Insights:

The developed world, the United States will maintain 4.24% growth momentum. Geographically, North America is considered to be the most lucrative smart kettle marketplace with a maximum revenue share of 22.2% in 2022. The disruptive technologies have introduced at an unprecedented rate, which are driving the adoption of smart technology integrated products. Many companies are mainly identifying the potential of smart technologies, which can enjoy exponential growth. Most companies are using advanced technologies for near-term business operations over truly transformative opportunities. On the other hand, Asia Pacific region is projected to be leading region in the global smart kettle market. The growth of the market in this region is expected to attribute the factors trend of smart technology-driven small kitchen appliances by 2029. A change in consumers lifestyle, increasing income, evolution in smartphone technology in the region are expected to boost the Asia Pacific market growth. The report covers the detail analysis of the regional insights by each region. In the Smart Kettle Market, some of the prominent key players like Breville Group Limited, Smarter Applications Ltd, AEG, Fellow Industries, Inc., Xiaomi, Brewista, Inc., Sage Appliances, and AppKettle are contributing more than 65 % market share in the total smart kettle market. A various microeconomic and macroeconomic factors like Demand & supply, disposable income, and consumer preference are influencing positively and negatively global smart kettle market. product development is a key component of market growth. Key players are continuously seeking to understand their consumers and develop products that address their need for smart kitchen appliances. The objective of the report is to present a comprehensive analysis of the global Smart Kettle Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Smart Kettle Market dynamic, structure by analyzing the market segments and projecting the Smart Kettle Market size. Clear representation of competitive analysis of key players by Power Rating, price, financial position, product portfolio, growth strategies, and regional presence in the Smart Kettle Market make the report investor’s guide.

Smart Kettle Market Scope: Inquiry Before Buying

Smart Kettle Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US$ 601.12 Mn.
Forecast Period 2023 to 2029 CAGR: 12.17% Market Size in 2029: US$ 1343.07 Mn.
Segments Covered: by Technology • Bluetooth • Wi – Fi • Voice Enabled • Other
by Power Rating • Up to 1200 W • 1200-1800 W • 1800-3000 W

Smart Kettle Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Smart Kettle Market Key Players are:

Breville Group Ltd. • Smarter Power Rating Ltd. • AEG • Fellow Industries Inc. • Xiaomi • Brewista Inc. • Sage Appliances • App Kettle • Auroma Brewing Company • Epica • Yunt • Smart Chef • Elechomes • Tefal • Orville Frequently Asked Questions: 1] What segments are covered in the Smart Kettle Market report? Ans. The segments covered in the Smart Kettle Market report are based on Technology and Power Rating. 2] Which region is expected to hold the highest share in the Smart Kettle Market? Ans. The Asia Pacific region is expected to hold the highest share in the Smart Kettle Market. 3] What is the market size of the Smart Kettle Market by 2029? Ans. The market size of the Smart Kettle Market by 2029 is US$ 1343.07 Mn. 4] What is the forecast period for the Smart Kettle Market? Ans. The forecast period for the Smart Kettle Market is 2023-2029. 5] What was the market size of the Smart Kettle Market in 2022? Ans. The market size of the Smart Kettle Market in 2022 was US$ 601.12 Mn.
1. Smart Kettle Market Size: Research Methodology 2. Smart Kettle Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Smart Kettle Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Smart Kettle Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Smart Kettle Market Size Segmentation 4.1. Smart Kettle Market Size, by Technology (2022-2029) • Bluetooth • Wi – Fi • Voice Enabled • Other 4.2. Smart Kettle Market Size, by Power Rating (2022-2029) • Up to 1200 W • 1200-1800 W • 1800-3000 W 5. North America Smart Kettle Market (2022-2029) 5.1. North America Smart Kettle Market Size, by Technology (2022-2029) • Bluetooth • Wi – Fi • Voice Enabled • Other 5.2. North America Smart Kettle Market Size, by Power Rating (2022-2029) • Up to 1200 W • 1200-1800 W • 1800-3000 W 5.3. North America Smart Kettle Market, by Country (2022-2029) • United States • Canada • Mexico 6. European Smart Kettle Market (2022-2029) 6.1. European Smart Kettle Market, by Technology (2022-2029) 6.2. European Smart Kettle Market, by Power Rating (2022-2029) 6.3. European Smart Kettle Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Smart Kettle Market (2022-2029) 7.1. Asia Pacific Smart Kettle Market, by Technology (2022-2029) 7.2. Asia Pacific Smart Kettle Market, by Power Rating (2022-2029) 7.3. Asia Pacific Smart Kettle Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Smart Kettle Market (2022-2029) 8.1. The Middle East and Africa Smart Kettle Market, by Technology (2022-2029) 8.2. The Middle East and Africa Smart Kettle Market, by Power Rating (2022-2029) 8.3. The Middle East and Africa Smart Kettle Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Smart Kettle Market (2022-2029) 9.1. Latin America Smart Kettle Market, by Technology (2022-2029) 9.2. Latin America Smart Kettle Market, by Power Rating (2022-2029) 9.3. Latin America Smart Kettle Market, by Country (2022-2029) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Breville Group Ltd. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Smarter Application Ltd. 10.3. AEG 10.4. Fellow Industries Inc. 10.5. Xiaomi 10.6. Brewista Inc. 10.7. Sage Appliances 10.8. AppKettle 10.9. Auroma Brewing Company 10.10. Epica 10.11. Yunt 10.12. Smart Chef 10.13. Elechomes 10.14. Tefal 10.15. Orville
  • INQUIRE BEFORE BUYING