Smart Cooktops Market to be Dominated by Offline Sales Channel through 2027
Increasing trend of smart kitchen and the rising
adoption of advanced technologies is expected to drive the growth of the global
smart cooktops market in the forecast period, 2023-2027.
According to TechSci Research report, “Smart
Cooktops Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2017-2027”, the global smart cooktops market is anticipated to
grow at a steady rate in the forecast period, 2023-2027.
A cooktop is used in the kitchen for cooking and
heating purposes, and they are used to heat the base of cooking utensils.
Cooktops are available in different types and are powered by heat, electricity,
or induction to heat the food.
Families are trying to spend more time at home and
are actively looking for kitchen essential and convenient ways to cook meals.
They are looking for smart and efficient appliances designed to suit their
lifestyle. Smart cooktops offer high precision cooking solutions and
outstanding performance while lowering energy consumption and emissions, one of
the primary reasons for their high adoption across the globe.
Smart cooktops often consist of pre-programmed
recipes and the barcode scanning system reads the smart codes printed on food
packaging. Smart cooktops are integrated with special safety locks to prevent
small children from using smart cooktops without adult people's supervision.
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The global smart cooktops market is segmented by
type, number of burners, distribution channel, regional distribution, and
competition landscape.
On the basis of type, the global smart cooktops
market is divided into the gas cooktop, induction cooktop, and hybrid cooktop.
The induction cooktop is expected to hold a substantial market share in the
forecast period, 2023-2027. The induction cooktop uses the latest technologies
and works on electricity to cook food effortlessly.
They are more energy-efficient appliances when
compared to other conventional cooking appliances and can cook food even at
lower temperatures. Cooking food over induction is aesthetically more
appealing, and they are easy to clean than the other smart cooktops.
On the basis of the number of burners, the global
smart cooktops market is divided into below 3, 3-4, and more than 4. The number
of burners below 3 is projected to account for a significant market share in
the next five years. They are in high demand from the residential spaces as
they are convenient and occupy less space than smart cooktops with a large
number of burners.
On the basis of distribution channels, the global
smart cooktops market is divided into offline and online. The offline segment
is dominating the market and is expected to maintain its dominance throughout
the forecast period. The widespread presence of specialized stores and the
availability of smart cooktops at discounted costs at these stores attract a
lot of customers. Stores assign customer service executives who can provide the
review of the product and can solve the queries of customers to ensure their
product sales.
On the basis of regional analysis, the North
America region is dominating the market and is expected to maintain its
dominance throughout the forecast period. Consumers are rapidly adopting
advanced technologies and equipment to lower the time spent in cooking activities
and improve the cooking experience. Major market players are present in the
region, and they are launching technologically advanced smart cooktops in the
market, which is influencing the market demand.
Major players operating in global smart cooktops
market are:
·
Samsung
Electronics Co., Ltd.
·
GE
Appliances, a Haier company
·
BSH
Home Appliances Corporation
·
Whirlpool
Corporation
·
Electrolux
Home Products, Inc.
·
LG
Electronics Inc.
·
BuzzFeed,
Inc. (one Top)
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“Consumers are actively looking for energy-efficient solutions
that can help lower the power bills and provide a cost-effective cooking
solution. Smart cooktops reach the desired temperature in no time, leaving the
consumers to indulge in other essential activities. High demand for
Western-style kitchen appliances and advanced features like temperature control
and flame-less cooking is expected to drive the demand for smart cooktops. An
increase in the working population leaves less time left for cooking
activities. The adoption of a sedentary lifestyle is fueling the demand for
smart cooktops that can cook food easily and in a lower time period. The launch
of smart cooktops with advanced safety features and enhanced connectivity along
with the adoption of attractive marketing strategies by the market players is
expected to propel the growth of the global cooktops market till 2027” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Smart
Cooktops Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2017-2027 Segmented By Type (Gas Cooktop, Induction Cooktop, Hybrid
Cooktop), By Number of Burners (Below 3, 3-4, More than 4), By Distribution
Channel (Offline, Online), and By Region”, has evaluated the future growth potential of global smart
cooktops market and provides statistics & information on market size, structure,
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in global smart cooktops market.
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