Global Smart Refrigerators Market Report 2025 size is expected to reach USD 624.7 million, by 2025, according to Million Insights. registering a CAGR of 13.7% over the forecasted period. Development in IT sector and communication is projected to impel the market growth. Several benefits of smart refrigerator such as optimizing of cooling operations, indication of product expiry, energy efficiency, alerts for timely usage of food are proliferating the demand of this market across commercial and residential sectors.
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Market Synopsis of Smart Refrigerators Market:
North America held the largest market share of 31.2% due to the rising spending capacity, growing awareness about the benefits of a smart refrigerator, and increasing standard of living. Asia Pacific is projected to grow with the fastest CAGR of 15% during the forecast period due to urbanization and rising disposable income. Moreover, the rising influence of smart devices is also proliferating the demand for this market.
The major players operating in the global smart refrigerator market include LG Electronics, Samsung Electronics Co. Ltd, Panasonic Corporation, Siemens AG, Electrolux AB, Midea Group, Whirlpool Corporation, Hisense Co. Ltd, GE Appliance, and Haier Group Corporation,
Major players are continuously introducing advanced featured products to meet customer demands with their busy lifestyles. For instance, Samsung launched a refrigerator with a camera, speakers and a 21-inch touch display in order to provide a smart user experience. Along with normal cooling and maintaining freshness, this smart refrigerator allows listing out a shopping list, reminding schedules, food expiry date and video clips also.
View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-smart-refrigerators-market
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Smart Refrigerators: Market Variables, Trends & Scope
Chapter 4 Smart Refrigerators: Product Estimates & Trend Analysis
Chapter 5 Smart Refrigerators: Application Estimates & Trend Analysis
Chapter 6 Smart Refrigerators: End-use Estimates & Trend Analysis
Chapter 7 Smart Refrigerators: Industrial End-use Estimates & Trend Analysis
Chapter 8 Smart Refrigerators: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Smart Refrigerators: Manufacturers Company Profiles
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