Smart Kettle Market

Global Smart Kettle Market Size (2024 to 2029)

As per our analysis report, the global Smart Kettle Market is expected to reach USD 16.99 billion by 2029 from USD 6.55 billion in 2024, growing at a compound annual growth rate (CAGR) of 21% during the forecast timeline.

The principal key elements riding the increase of the market encompass rising penetration of the web of matters alongside voice-enabled devices. The surge in demand for clever domestic home equipment is the rising demand for a range of kitchen home equipment that permits consumers to join the digital devices. One of the famous clever kitchen home equipment is a smart kettle that comes with superior elements such as Wi-Fi verbal exchange and smart sensors, which in turn, is using the increase of the market. Further, the fast upgrades in science alongside the rising disposable profits of customers are estimated to enhance the increase of the market over the forecast period.

Smart Kettle is a kettle that connects to utility in a clever cellphone and lets the kettle command the temperature at which the water is boiled. The smart kettle allows the client to flip on/off the kettle from somewhere and in truth saves time. This smart kettle gives many features such as scheduling the time, permitting the consumer to measure the water present in the kettle, specific temperature manipulates, and actual-time replacement of the smart kettle. The smart kettle affords comfort in running and is environmentally friendly to use.

Global Smart Kettle Market Drivers:

The reputation of the Smart Kettle Market amongst consumers is rising on the lower back of a boom in kitchen home equipment enterprise and altering client preferences for power-saving advancements. In addition, the growing working populace and developing vogue of digital kitchens are propelling the demand of the market. The technological upgrades make it less complicated for shoppers to manipulate these Smart Kettle via clever phones. Further, the introduction of digital assistant functions such as Amazon Echo and expanded protection & wise sensors is growing the demand for smart kettles. Moreover, in order to keep energy, the authorities are taking initiatives for eco-friendly smart kettles, which in turn, is accelerating the demand of the market. Therefore, these motives alongside the introduction of quite a number of aesthetic designs and the hassle-free interface of Smart Kettle are expected to fuel the demand of the market.

Global Smart Kettle Market Restraints:

The aesthetic design of Smart Kettle alongside the adoption of superior applied sciences is making it incredibly expensive. Further, spending a massive quantity of cash to enhance these smart kettles and excessive protection fees are hampering the demand for the Smart Kettle market. Moreover, the lack of perception involving the advantages of smart kettles over electric-powered kettles alongside the lack of recognition of Smart Kettle in growing or under-developed international locations is predicted to abate the market boom in the course of the forecast period.

Impact of COVID-19 on the smart kettle market:

COVID-19 is a deadly disease that distracted the global economy. All the shops had been shut down in the first half of 2020 due to strict lockdown. Governments had made strict lockdown restrictions to curb the spread of the disease. This made the specialist smart kettle market face some large losses. Later on, relaxations were launched by means of the use of the authorities in every country, all the matters to do had been resumed slowly. The coronavirus outbreak has had a slight influence on the worldwide smart kettle market.

REPORT COVERAGE:

This research report on the global smart kettle market has been segmented and sub-segmented based on technology, power rating, and region.

Global Smart Kettle Market – By Technology:

The smart cattle market is segmented into Bluetooth, voice-enabled, and Wi-Fi. The Wi-Fi section is projected to account for a giant market share and is predicted to show off a great increase in price in the coming years, due to the vast use of Wi-Fi for the adoption of a variety of clever domestic and kitchen equipment mainly in the industrial space. However, the voice-enabled section is predicted to represent a massive market share at some point in the forecast duration owing to the advantages such as handy entry to the equipment and rising use of the science amongst residential units.

Global Smart Kettle Market – By Power Ratings:

The market is classified into up to 1200 W, 1200-1800 W, and 1800-3000 W. The 1200-1800 W section is predicted to dominate the market increasing at a massive CAGR in the coming years owing to the blessings inclusive of quick boiling speed, time-saving features, and others. The wide availability of an extraordinary range of products, low-energy consumption, and fee wonderful of the strongest kind are some key elements using phase growth. On the other hand, the 1800-3000 W section is projected to extend at a massive CAGR of 19.5% for the duration of the evaluation duration owing to positive advantages such as excessive sensor technological know-how alongside excessive velocity in boiling water and broad adoption of the strength vary for more than a few business functions due to its greater electricity capacity.

Global Smart Kettle Market – By Region:

• North America
• Europe 
• Asia Pacific
• Latin America
• The Middle East and Africa 

KEY MARKET PLAYERS:

The major key players in the Global Smart Kettle Market are Breville USA, Inc., BRG Appliances Limited, Smartco Group Inc., Smarter, Auroma Brewing Company, Epica Kettle, Xiaomi Global Community, Primens Store, Smart Food Scale., KEENSO, Haofy, Thousandshores., KRUPS, Tefal, Conagra Brands