Market Share of Smart Kitchen Industry
The smart kitchen market is highly competitive, with several global and local industry players. These significant players are establishing their positions by extending their product portfolios. In addition, they opt for strategic initiatives like partnerships and collaborations to remain competitive. Some of the key players in the market are Electrolux, LG Electronics, Samsung Electronics, Haier Inc. (GE Appliances), and Whirlpool Corporation.
- April 2024: Samsung Electronics America Inc. unveiled new 4-Door Flex refrigerator models and a revamped line of premium slide-in ranges, including the Bespoke Slide-in Induction Range, as part of its expanded Bespoke kitchen appliance portfolio. These latest offerings uphold Bespoke's tradition of elegant design and cutting-edge features and introduce AI-driven technology, simplifying meal planning and cooking. The new models boast interchangeable door panels customizable in 11 colors and two finishes and are available in Stainless Steel or White Glass.
- February 2024: At the 2024 Kitchen & Bath Industry Show, LG Electronics unveiled its latest lineup of kitchen appliances, seamlessly integrating intelligent functionality and sleek design. LG's 29-cubic-foot Smart InstaView Standard-Depth MAX 4-Door French Door Refrigerator with the new MyColor feature and Full-Convert Drawer (models LF29S8365 and LH29S8365) makes a colorful design statement. LG STUDIO Essence White products offer a timeless look with a matte-white finish, and the 1.3-cubic-foot Smart Low-Profile Over-the-Range Microwave (MVEF1337F) boasts a sleek low-profile design with maximum interior height for tall items.
Smart Kitchen Market Leaders
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Electrolux
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LG Electronics
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Samsung Electronics
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Haier Inc. (GE Appliances)
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Whirlpool Corporation
*Disclaimer: Major Players sorted in no particular order
