Smart Refrigerator Market 2020 Future Scope and Price Analysis by 2026 

The smart refrigerator market is projected to record remarkable growth on account of increasing availability of household disposable income across Asia Pacific and North America. Consumers nowadays are spending generously on technologically advanced products like smart refrigerators that come with integrated touch screen displays and high-speed internet connectivity. This feature allows the refrigerator to get linked with smartphone applications, voice assistants and search engines, thus allowing users to perform multiple tasks while navigating around the fridge.

Increasing government initiatives brought about to raise awareness regarding energy-efficient household appliances may aid the demand for smart refrigerator. Presence of renowned smart refrigerator manufacturers like LG Corporation, Haier Group, Liebherr Group, Panasonic Corporation, Whirlpool Corporation, Samsung Electronics, Bosch Group, Midea Group, and Siemens AG may drive new growth proceeds in the smart refrigerator market in the coming years. 

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The introduction of new government initiatives and reinforcement of the already existing initiatives pertaining to the energy efficient appliances would drive the demand of smart refrigerators across the globe. This move would prompt the government and the consumers to ensure the reduced usage of electricity contributing in the market expansion. These governments are also focusing on the use of intelligent products worldwide with an intent of achieving smart home adoption and digitization at a rapid pace.  As a matter of fact, the Digital India campaign lays huge emphasis on the use of IoT and the connectivity technologies.

For any market to reach significant heights, the distribution and sales channels play a vital role and in this era of digitization, the online sales channel for smart refrigerator market is expected to garner phenomenal gains over the stipulated time period. This is attributable to the burgeoning sales of electronic appliances through vivid e-commerce platforms and company online portals. The ease of payment, installation, delivery, and no mess in installation have provided an added on advantage for the growth of online sales business across the market, engaging more and more customers to the seamless buying experience.

List of the Key Companies that are Operating in the Smart Refrigerator Market. They are as follows:

Aucma, BSH Hausgeräte GmbH, Danby Appliances Inc., Dongbu Daewoo Electronics , Electrolux AB, Frigidaire, Haier Group Corporation, Hisense Co. Ltd., Kenmore, LG Electronics Inc., Liebherr Group, Midea Group, Panasonic Corporation, Samsung Electronics, Whirlpool Corporation, Xiaomi Corporation

The online sales channel offer huge discounts and payment offers when compared to the retail stores in the likes of the customers, leading to the high consumer attraction and increased purchase of major electric appliances online.

Moreover, the e-commerce companies and the manufacturers are engaging in collaborations and partnerships to deliver advanced offerings, convenience, and faster delivery for improved customer satisfaction. In light of this, one of the prominent electronics companies, LG, in February 2017 unveiled a smart refrigerator in unison with retail giant, Amazon’s Alexa. This enables the consumers to make a purchase through Amazon Prime by voicing out their orders to the appliance.

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Table Of Content:

Chapter 4.   Smart Refrigerator Market, By Type (Revenue & Shipment)

4.1.  Key trends by type

4.2.  Single door

4.2.1. Market estimates and forecast, 2016 – 2026

4.3.  Double door

4.3.1. Market estimates and forecast, 2016 – 2026

4.4.  French door

4.4.1. Market estimates and forecast, 2016 – 2026

4.5.  Door-in-door

4.5.1. Market estimates and forecast, 2016 – 2026

4.6.  Side by side

4.6.1. Market estimates and forecast, 2016 – 2026

Chapter 5.   Smart Refrigerator Market, By End-Use (Revenue & Shipment)

5.1.  Key trends by end-use

5.2.  Residential

5.2.1. Market estimates and forecast, 2016 – 2026

5.3.  Commercial

5.3.1. Market estimates and forecast, 2016 – 2026

Chapter 6.   Smart Refrigerator Market, By Sales Channel (Revenue & Shipment)

6.1.  Key trends by sales channel

6.2.  Retail channel

6.2.1. Market estimates and forecast, 2016 – 2026

6.3.  Online channel

6.3.1. Market estimates and forecast, 2016 – 2026

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