Smart Kettle Industry - Regional Synopsis
Asia Pacific industry is set to account for largest revenue share by 2037, attributed to changing lifestyles and healthy economic growth., attributed to changing lifestyles and healthy economic growth. Further, presence of fastest growing economies such as India and China are increasing the penetration of smart technologies such as artificial intelligence and voice enabled services in the region. In addition, China offers several smart home appliances owing to the presence of large number of manufacturers in the region which is driving the demand for smart kettles. Moreover, better infrastructural facilities along with the rising consumer spending on kitchen appliances will boost the growth of the market. The regions in North America and Europe are anticipated to witness significant growth in the market on the account of presence of developed economies and rising government initiatives for eco-friendly devices along with increased adoption of smart appliances.
