Smart Refrigerator Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025


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Persistence Market Research

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Overview:

Smart refrigerator also known as internet refrigerator was programmed to sense of the type of products being stored inside it and keep a track of the stock through barcode or RFID scanning. The refrigerator is often equipped to determine itself whenever a food item needs to be replenished. Smart refrigerator offers remote monitoring of the appliance and in case of trouble it sends and instant update to service persons immediately. Smart refrigerator allows to create shopping list and order them after installing suitable applications. Smart refrigerators can be monitored from any remote location and can be controlled when there is an unauthorized access.

Dynamic Signature Market: Drivers and Challenges

Disruptive technology and increasing customer personalization and customization is expected to drive the global smart refrigerator market. Technological advancement in electronics and communication sector and the growing need for energy efficiency is projected to impel the growth of smart refrigerator market. Additionally, purchasing power and improving lifestyles would also foster the demand for smart refrigerator, globally. Quick developments in Information Technology infrastructure and topology of wireless communication are the major factors lifting the integration of smart refrigerators with mobile devices such as laptops, smartphones, and tablets. Wireless communication plays vital role in monitoring and controlling refrigerator from remote locations, to reduce electricity consumption.

However, the higher cost of smart refrigerator is likely to dampen the global growth over the forecast period. Lack of awareness related to benefits and as well as proper utilization of technologies is the major factor which is expected to hamper the growth of the market in the next few years.

Smart Refrigerator Market: regional outlook

By regions, Smart Refrigerator market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.

North America and Western Europe Smart Refrigerator market is predominantly mature as compared to the other regional market as they are fast in the adoption of technology. Smart Refrigerator market in Asia Pacific excluding Japan and Japan are expected to possess maximum potential in the forecast period. Smart Refrigerator market in Latin America and Middle East and Africa are also projected to witness positive growth during the forecast period.

Smart Refrigerator Market Segmentation

By Product

  • Top freezer refrigerator
  • Bottom freezer fridge
  • Side-by-side refrigerator
  • French door refrigerator

By Price Range 

  • Premium 
  • Economy 
  • Low 

By Distribution Channel

  • Offline Channel
  • Online Channel

Smart Refrigerator market: competition landscape:-

Key vendors in the Smart Refrigerator market include Electrolux AB, Haier Group Corporation, LG Electronics, Samsung Electronics Co. Ltd, Whirlpool Corporation, Siemens AG, GE Appliance, Hisense Co. Ltd, Midea Group, and Panasonic Corporation.

The report covers exhaustive analysis on:

Smart Refrigerator Market Segments

  • Smart Refrigerator Market Dynamics
  • Historical Actual Market Size, 2012 – 2016
  • Smart Refrigerator Market Size & Forecast 2017 to 2027
  • Supply & Demand Value Chain
  • Smart Refrigerator Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Smart Refrigerator Market Drivers and Restraints

Regional analysis for Smart Refrigerator Market includes the development of these systems in the following regions:

  • North America
    • US
    • Canada
  • Latin America
    • Brazil,
    • Mexico,
    • Others
  • Europe
    • Western Europe
      • Germany
      • France
      • U.K.
      • Spain
      • Italy
      • Nordic
      • BENELUX
      • Rest of Western Europe
    • Eastern Europe
      • Russia
      • Poland
      • Rest of Eastern Europe
  • Asia Pacific Excluding Japan
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.