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Smart Refrigerator Market Share

  • Report ID: GMI4129
  • Published Date: Dec 2019
  • Report Format: PDF

Smart Refrigerator Market Share

Key market players include

  • Haier
  • Samsung Electronics
  • LG Electronics Inc.
  • Panasonic Corporation
  • AB Electrolux
  • Whirlpool
  • Siemens AG
  • Bosch Group
  • Liebherr Group
  • Frigidaire
  • Midea Group

These companies are involved in the development of technically advanced smart refrigerators and software to provide high security & connectivity to the consumers. Companies are also investing huge amounts in R&D activities to develop advanced technologies over their competitors in the smart refrigerator industry. These strategies coupled with expansion in untapped regions is aiding companies to gain a higher market share. Based on the market analysis, companies are expanding their regional presence through offline & online sales channels to cater to the growing consumer demand.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of smart refrigerator surpassed USD 2.5 billion in 2018.

The industry share of smart refrigerator is estimated to grow at over 12% CAGR between 2019 and 2026.

The industry shipments are projected to reach 2 million units by 2026.

China and South Korea witnessed high smart refrigerator sales compared to other Asian countries owing to presence of market leaders including Samsung Electronics, Haier, and LG Corporation.

The market size of the online channel segment increased in 2019 due to high popularity and adoption of E-commerce sales for both major & small home appliances.

Key industry players include Haier, Samsung Electronics, LG Electronics, Panasonic, AB Electrolux, Whirlpool, Siemens, Bosch, Liebherr Group, Frigidaire, and Midea Group, among others.

Smart Refrigerator Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 16
  • Tables & Figures: 334
  • Countries covered: 16
  • Pages: 200
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