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Smart Home-Based Beverage Machine Market: Top Growth Pockets Promising Industy Dominance 2020-2026

Author : Ronak Bora | Published Date : 2020-09-03 

The smart home-based beverage machine market is anticipated to attain sizable revenue proceeds over the forthcoming years on account of shifting user preference towards modular kitchens and smart appliances. Consumers nowadays are willing to spend more on smart home appliances. Increasing demand for intelligent beverage machines that offer personalized and customized features could greatly enhance industry outlook.

Integration of AI and IoT technologies in beverage machines coupled with rising consumer awareness about latest technologies will facilitate Smart Home-based Beverage Machine Market growth. Home-appliance companies are incorporating these new technologies to make their product more energy-efficient in order to meet energy consumption norms.

Considering these aspects, Global Market Insights, Inc. estimates that the smart home-based beverage machine market could cross USD 2 billion by the year 2026.

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Intensifying consumer inclination towards healthy dietary habits is likely to advance the adoption of smart juice devices. Concerns over health risks has led consumers to avoid the consumption of preservative added packaged juices and rather shift towards healthier alternative like organic fruit juices.

With this, the demand for smart juicers has surged considerably as it provides multiple benefits like recipe suggestions, container size detection, and app-based controls. Users also have the option to operate these devices through voice assistants, allowing users to multitask while making freshly squeezed juice.

Smart Home-based Beverage Machine Market players are constantly engaged in multiple product innovations and development activities along with other strategic moves like partnerships and collaborations to strengthen their market presence and product portfolio.

Top Key Players In Smart Home-Based Beverage Machine Market are Behmor, Inc., Bevi (Hydration Labs, Inc.) , Breville Group Ltd., BSH Hausgeräte GmbH, Coway Co., Ltd., De'Longhi S.p.A., Illy (Illycaffè S.p.A.), JURA Elektroapparate AG, Keurig Green Mountain, Inc., Koninklijke Philips N.V., KUVINGS (NUC Electronics Co. Ltd.), Lavazza, Mittemitte GmbH, Nestle Nespresso SA, Smart Soda Holdings, Inc., Hurom Co., Ltd.

Rapid urbanization across regions like the Asia Pacific and North America may further drive the demand for smart home appliances. The trend for luxurious and comfortable lifestyle and household environment across countries like Saudi Arabia and the UAE has stimulated the Middle East and Africa smart home-based beverage machine market.

The region is currently witnessing rapid growth in luxury home constructions. Taking March 2020 for instance, Danube Properties announced its latest construction project with 741 residential sectors in the UAE. These residences would come with numerous smart home and kitchen appliances tailored for comfortable & luxurious living.

Table of Content:

Chapter 4.   Competitive Landscape

4.1.  Introduction

4.2.  Company market share analysis

4.2.1. Breville Group Ltd.

4.2.2. De’Longhi S.p.A.

4.2.3. Bevi

4.2.4. Kuvings

4.2.5. Smart Soda Holdings, Inc.

Chapter 5.   Smart Home-Based Beverage Machine Market, By Product

5.1.  Key trends by product

5.2.  Smart soda machine

5.2.1. Market estimates and forecast, 2016 – 2026

5.3.  Smart water machine

5.3.1. Market estimates and forecast, 2016 – 2026

5.4.  Smart espresso machine

5.4.1. Market estimates and forecast, 2016 – 2026

5.5.  Smart juice machine

5.5.1. Market estimates and forecast, 2016 – 2026

Chapter 6.   Smart Home-Based Beverage Machine Market, By Region

6.1.  Key trends by region

6.2.  North America

6.2.1. Market estimates and forecast, by product, 2016 – 2026

6.2.2. U.S.

6.2.2.1.    Market estimates and forecast, by product, 2016 – 2026

6.2.3. Canada

6.2.3.1.    Market estimates and forecast, by product, 2016 – 2026

6.3.  Europe

6.3.1. Market estimates and forecast, by product, 2016 – 2026

6.3.2. Germany

6.3.2.1.    Market estimates and forecast, by product, 2016 – 2026

6.3.3. France

6.3.3.1.    Market estimates and forecast, by product, 2016 – 2026

6.3.4. UK

6.3.4.1.    Market estimates and forecast, by product, 2016 – 2026

6.3.5. Russia

6.3.5.1.    Market estimates and forecast, by product, 2016 – 2026

6.4.  Asia Pacific

6.4.1. Market estimates and forecast, by product, 2016 – 2026

6.4.2. China

6.4.2.1.    Market estimates and forecast, by product, 2016 – 2026

6.4.3. India

6.4.3.1.    Market estimates and forecast, by product, 2016 – 2026

6.4.4. Japan

6.4.4.1.    Market estimates and forecast, by product, 2016 – 2026

6.4.5. South Korea

6.4.5.1.    Market estimates and forecast, by product, 2016 – 2026

6.5.  Latin America

6.5.1. Market estimates and forecast, by product, 2016 – 2026

6.5.2. Brazil

6.5.2.1.    Market estimates and forecast, by product, 2016 – 2026

6.5.3. Mexico

6.5.3.1.    Market estimates and forecast, by product, 2016 – 2026

6.6.  MEA

6.6.1. Market estimates and forecast, by product, 2016 – 2026

6.6.2. UAE

6.6.2.1.    Market estimates and forecast, by product, 2016 – 2026

6.6.3. Saudi Arabia

6.6.3.1.    Market estimates and forecast, by product, 2016 – 2026

6.6.4. South Africa

6.6.4.1.    Market estimates and forecast, by product, 2016 – 2026

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/smart-home-based-beverage-machine-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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