SMART KITCHEN APPLIANCES MARKET ANALYSIS

Market News

Global Smart Kitchen Appliances Market: Key Developments

• In September 2019, Bosch announced a launch of its photo finish fridges and ovens with built in AI Technology. Bosch unveiled new refrigerator models that expand the company's line of camera-connected food storage. The KAD92HBFP and KGN39HIEP models include a built-in camera. The BOSCH SERIES 8 OVEN HRG6769S6B is a smart oven with AI. These ovens can predict, and learn when your food will be done based on your specifications.
• In August 2019, Sharp, Japanese electronics company, announced a launch of its first full suite of built-in kitchen products. The kitchen suit offered by the Sharp will include supersteam ovens, induction cooktops, wall ovens, slide-in range, microwave drawers, and over-the-range microwave ovens. In addition to these products, the company will offer dishwashers and refrigerators. The Sharp 24-inch IoT SuperSteam Built-In Oven and the Sharp 24-inch IoT Microwave Drawer are IoT-enabled to integrate with smart home devices.
• In April 2019, Pocket Kitchen LLP announced a launch of its German kitchen robot called “Thermomix” in India. Thermomix is a unique all-in-one smart kitchen appliance that will enhance the way people cook by helping them unlock their full culinary potential while saving time and effort. Thermomix unites the functions of 12 appliances into one compact unit that includes features such Milling or grinding, cooking, emulsifying, whipping, steaming, mixing, precise heating, etc.
• In February 2019, LG announced a partnership with Tovala, a smart oven company based out of Chicago for automated cooking solution and meal services.
• In January 2019, GE Appliances announced to launch its Smart Kitchen Hub at a cost ranging from $1,200 to $1,400 MSRP. The smart kitchen hub is built on the company’s much-lauded GE Appliances U+ Connect platform and features a built-in Google Assistant as well as access to thousands of recipes through SideChef and access to entertainment options like Netflix and Spotify.