Smart Kettle Market Is To Be Fueled By Stainless Steel During The Forecast Period
Growing
demand of technology driven kitchen appliances and rising awareness of energy
efficient appliances are the leading factors driving the Global Smart Kettle Market
during the forecasted period.
According
to TechSci Research report, “Smart
Kettle Market – Global Industry Size, Share, Trends,
Competition, Opportunity, and Forecast, 2018-2028F”, The Smart Kettle Market is driven by
various factors such as increasing working population, increasing smart phone
penetration, and increasing usage of smart connected household products.
Additionally, the rising purchasing power, changing lifestyle, and growing usage
of technological advanced kitchen appliances are expected to prospect for the
market for smart kettles in the projected years.
An
electric smart kettle is a useful tool that speeds up and simplifies
customers' tasks. In addition to wasting time, using a pan to boil water puts
customers at risk of burns. Smart kettles provide various features such as
automated time schedule for morning brew, temperature control, Wi-Fi connectivity
etc. This certain feature has influenced the customers to shift towards an
electric smart kettle instead of using traditional way. Furthermore, the
electric kettle is convenient and made specifically for heating water within
just 2-4 minutes.
Moreover,
the smart kettles offer various other features such as phone connectivity and specific
temperature control for tea, coffee, etc. This is essential if consumers want
to prepare delicate teas, including white teas, which can easily be used when
using boiling water.
Wireless
connectivity is made possible by smart kettles, allowing them to be operated
from smartphones, and tablets. Both monitoring and controlling the devices have
become simpler. When the water, or any other material, reaches its boiling
point, the temperature sensing instructs the kettle to automatically turn off. A
Wi-Fi-enabled kettle has been developed that allows the consumers to boil water
for tea from any location in the home and is controlled by a smartphone app. Thus,
all these features add an advantage to the smart kettle market.
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The Smart Kettle market is segmented based on type,
technology, power, end user, and region. Based on type, the market is further
fragmented into stainless steel, glass, and others like plastic, etc. The Smart
Kettle Market will be fueled by stainless steel market as they do not contain
harmful toxins and hence are safe to use. Steel has better heat distribution due
to a higher thermal conductivity. The fact that stainless steel is
exceptionally corrosion resistant is one of its prominent features.
Based on technology, the Smart Kettle Market is
divided into temperature control, phone connectivity, and others as combined
features etc. Phone connectivity will dominate the market in the forecasted
period on account of increasing internet penetration and changing lifestyle.
Based on end user, the market is segmented into
residential and commercial. The residential segment will grow at a faster rate on
account of increasing advancement of technology in household products.
Based on power, the market is segmented into upto
1200w, 1200-1800w, more than 1800w. Based on region, the market is divided into
North America, Europe, Asia-Pacific, Middle East & Africa, and South
America.
Key market players in the Smart Kettle market include:
- Breville
Pty Ltd
- Smarter
Applications Limited
- Electrolux
Group
- Fellow
Industries, Inc.
- Xiaomi
Corporation
- Smartco
Group Inc (Brewista)
- BRG
Appliances Limited (Sage)
- Midea
Group Co. Ltd.
- Shenzhen
Korex Technology Co., Ltd
- Arovast
Corporation (Cosori)
Companies are focused towards launch of new
features within their smart kettle segments to remain competitive within the
market. For instance, in 2022, Xiaomi launched the Mijia Multifunctional
Smart Electric Kettle which offers heat preservation control that enables
users to preserve warmth by setting the temperature anywhere between 45 and 85
degrees Celsius, and it can even sustain that warmth for up to 12 hours. The device has pre-installed software and recipes
that are designed to prepare a variety of dishes, including soup, tea,
coffee, and other recipes. It has a simple, electric kettle-like
appearance, with the bulk of its body surface also being transparent.
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"The
technologically advanced Smart Kettle with a wide variety of features is a
significant trend expected to impact growth over the forecasted period. The
rising awareness of energy efficient products, changing lifestyle, increasing
urbanization, and ease of usage and portability are the leading factors that
will positively impact the Smart Kettle Market. Due to the wide range of
products available to meet the specific needs of customers and the growing
popularity of the internet channel, the market will see a significant rise
during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
Smart Kettle Market – Global Industry Size,
Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Type
(Stainless Steel, Glass, Others (Plastic etc.)), By Technology (Temperature
Control, Phone Connectivity, Others (Combined Features, etc.). By Power Rating
(Upto 1200W, 1200-1800W, More than 1800W), By End User (Residential,
Commercial), By Region, Competition, has evaluated the future growth potential of Smart Kettle market
and provides statistics and information on market structure, size, share, and
future growth. The report is intended 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 present in products of Smart
Kettles.
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