According to a market report by Lucintel, the future of the smart dishwasher market looks promising with opportunities in the household and commercial applications. The global smart dishwasher market is expected to reach an estimated $4.0 billion by 2028 with a CAGR of 8.5% from 2023 to 2028. The major drivers for this market are increasing disposable income, rising penetration of smart households, and growing consumer inclination towards smart kitchen appliances.
In this market, freestanding dishwasher and built-in dishwasher are the major product segments. Lucintel forecasts that freestanding dishwashers are expected to witness the highest growth over the forecast period due to their increasing adoption at household and commercial places as these are less expensive as compared to built-in products and do not require any special installation.
Within this market, the household segment is expected to witness the highest growth over the forecast period due to increasing disposable income and a growing number of homeowners opting for smart home technology as these appliances can be controlled through smartphones or the internet.
Europe is expected to remain the largest region over the forecast period due to increasing working population and growing consumer preference for smart home and kitchen appliances in the region.
Robert Bosch, LG Electronics, Samsung Electronics, Haier Group, Electrolux AB, Whirlpool, Miele & Cie., Panasonic Corporation, Arçelik, and SMEG are the major suppliers in the global smart dishwasher market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global smart dishwasher market by product, application, distribution and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Smart Dishwasher Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global smart dishwasher market by product, application, distribution and region, as follows:
Smart Dishwasher Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:
Freestanding Dishwashers
Built-in Dishwashers
Smart Dishwasher Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
Smart Dishwasher Market by Distribution [Value ($B) Shipment Analysis from 2017 to 2028]:
Smart Dishwasher Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global
Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis,
Growth Consulting, M&A, and
Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit
www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global smart dishwasher market by product (freestanding dishwashers and built-in dishwashers), application (household and commercial), distribution (offline and online), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or type substitution?
Q.11. What M&A activity did occur in the last five years and how did they impact the industry?