Smart Refrigerator Market: Survey On Emerging Opportunities 2019 - 2027

Global Smart Refrigerator Market: Overview

A smart refrigerator refers to those refrigerators that are connected to the cloud technology. Depending on the features that are integrated into the refrigerator, it allows the user to do things such as allowing calendar entries on the screen of the fridge, receive and send notes, and use one’s smartphones to see what is inside. It even sends alerts if the door of the fridge is left open. The global smart refrigerator market is estimated to observe growth in the increased penetration of intelligent appliances.
The global smart refrigerator market is likely to be adversely impacted by the ongoing outbreak of coronavirus, which has wreaked havoc across the globe taking lives and livelihood. The market is likely to witness fall in demand due to job losses and lockdowns. However, once lockdowns are lifted and business returns to normal, it is expected to gather momentum gradually.
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Type, end use, sales channel, and region are the four important parameters based on which the global smart refrigerator market has been categorized. The sole aim of such segmentation is to offer a clearer and detailed view of the global smart refrigerator market.

Global Smart Refrigerator Market: Notable Developments

One of the developments that offer a glimpse of the market dynamics about the global smart refrigerator market is mentioned below:
  • In January 2018, South Korea-based electronics manufacturing giant, LG Electronics is giving its Alexa integrated smart refrigerators or Alexa refrigerators a boost and has brought in new branding. Now branded as InstaView ThinQ Refrigerator, the fridge will make use of artificial intelligence integrated onto it to establish connection and interact with other appliances of ThinQ-brand.

Some of the prominent organizations in the global smart refrigerator market include the below-mentioned:

  • LG Electronics
  • Haier Group Corporation
  • Panasonic Corporation
  • Samsung Electronics Co. Ltd
  • Hisense Co. Ltd
  • Whirlpool Corporation
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