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  • Smart Refrigerator Market to record a CAGR of 11.7 percent to reach USD 8.24 Bn by 2029

    (, September 16, 2023 ) Maximize Market Research expects, the Smart Refrigerator market to grow from USD 3.8 Bn in 2022 to USD 8.24 Bn in 2029 at a CAGR of 11.7 percent.

    Smart Refrigerator Market Report Scope and Research Methodology

    The key objective of the report is to provide detailed information on the Smart Refrigerator industry. The report clearly presents global trends and forecasted market size with the current and historical status of the market. To estimate the global and regional Smart Refrigerator Market size, the bottom-up approach was used.

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    Smart Refrigerator Market Dynamics

    The global market is majorly driven by the establishment of smart homes and smart kitchens across the world. The integration of Internet of Things (IoT) technology like advanced sensors such as pressure, temperature and other advanced features sensors in smart refrigerators are increasing the demand for it. The health and wellness features in smart refrigerator appliances are creating lucrative opportunities for market growth.

    Smart Refrigerator Market Regional Insights

    The North American Smart Refrigerator Market dominated the global market in 2022 and is expected to grow at a high CAGR during the forecast period. Canada and the United States are the key markets for smart refrigerators.

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    Smart Refrigerator Market Segmentation

    By Door Type

    Side by Side Doors

    Single Door

    Double Doors

    French Doors


    By Price Range




    By Distribution Channel



    By End-User



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    Smart Refrigerator Key Players

    Samsung Electronics Co., Ltd.

    LG Electronics Inc.

    Whirlpool Corporation

    Haier Group Corporation

    Panasonic Corporation

    Electrolux AB

    General Electric Company

    Toshiba Corporation

    Sharp Corporation

    Hitachi, Ltd.

    Siemens AG

    Godrej Appliances

    Smeg S.p.A.

    Gorenje Group

    Maximize Market Research is leading Consumer Goods & Services research firm, has also published the following reports:

    Household Refrigerators and Freezers Market - The market size is expected to reach USD 126.16 billion by 2029 at a CAGR of 4.5 percent during the forecast period.

    Household Appliances Market - The market size is expected to reach USD 976.3 billion by 2029 at a CAGR of 5.52 percent during the forecast period.

    About Maximize Market Research:

    Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.


    Dnyaneshwari Yevale


    Source: EmailWire.Com


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