According to the research report titled ‘Global Smart Dishwasher Market Size study, by Product (Free Standing Dishwasher, Built-in Dishwasher), by Application (Household, Commercial), by Distribution Channel (Offline, Online) and Regional Forecasts 2020-2027’, available with Market Study Report, global smart dishwasher market was valued at USD 2.4 billion in 2019 and is expected to grow with a CAGR of 9.3% during 2020-2027.
 

Rising number of smart homes, consumer preference for smart kitchen appliances, and increasing disposable income are the key factors expected to drive the growth of global smart dishwasher market over forecast period.

Notably, smart dishwashers are integrated with advanced technology such as Wi-Fi connectivity, voice control with the help of a virtual home assistant, and smartphone controls. These features make smart dishwashers highly flexible and efficient. They can solve common issues such as dish drying capabilities and food particles redepositing on dishes, hence propelling the demand for smart dishwashers across the globe.
 

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Growing prevalence of COVID-19 has caused slowdown in production and declined the demand for smart dishwashers, due to the lockdowns imposed by the government. The companies are unable to distribute appliances through online or offline platforms amidst the pandemic, which is expected to hamper the industry growth in recent years. Also, high cost of smart dishwasher is a major factor restraining the market growth.
 

Based on product type, global smart dishwasher market is segmented into built-in dishwasher and free-standing dishwasher. With regards to application spectrum, the industry is bifurcated into commercial and household. As per distribution channel, the industry is segmented into online and offline.
 

From regional frame of reference, global smart dishwasher market is segmented into Europe, Asia Pacific, North America, Latin America, and rest of the world. Europe held majority market share in the recent past and is poised to grow momentously over 2020-2027, mainly due to surging smart home projects and rapid adoption of smart kitchen appliances in the region.
 

Major players operating in global smart dishwasher market include Samsung Electronics Co. Ltd., Whirlpool Corporation, LG Electronics Inc., SMEG S.p.A., Haier Group Corporation, Panasonic Corporation, Electrolux AB, Arcelik A.S., Robert Bosch GmbH, and Miele & Cie. KG.