AI-powered Wine Cellars Gain Popularity Due to Online Sales amid COVID-19 Crisis
Wine enthusiasts are looking for online options to purchase bottles amid the ongoing COVID-19 crisis, owing to coupons for new consumers and discounts to existing club members on online orders. Such trends are creating business opportunities for companies in the smart wine cellar market. New tech company WineCab is gaining recognition for using the artificial intelligence (AI) software to improve wine management, storing, and offering trivia on which type of wine is highly recommended.
Business in the smart wine cellar market has taken a hit due to the coronavirus outbreak, since individuals are hesitant to invest in non-essential goods. Hence, smart wine cellar manufacturers are targeting high-income groups with high-tech wine storage solutions to help them organize and maintain their wine collection.
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Compressor Wine Cellars versus Thermoelectric Wine Cellars: Which is Better?
Compressor wine cellars provide high cooling capacity and long service life. However, these cellars are being associated with a certain amount of operating noise and have a high-ticket price. Semiconductor or thermoelectric wine cellars are compact, low price, and eliminate the need for refrigerants, which contribute to the environment. However, these cellars have short service life, and its cooling performance is affected by the surrounding environment. Hence, companies in the smart wine cellar market are creating awareness about different parameters for purchase such as pricing, quality of wine stored, and capacity, among others to help consumers make an informed purchase decision.
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Mobile Apps Enable Automated, Real-time Monitoring of Temperature, Humidity
Smart wine cellars are being operated using mobile apps. The Fogwing eco App is gaining popularity for its smart wine cellar monitoring processes that enable automated maintenance of refrigerators. Thus, companies in the smart wine cellar market are adopting the technology, as an increasing number of managers in the hospitality industry and winery owners are gravitating toward mobile apps for real-time updates about temperature and humidity.
The automation of climate cellar monitoring is a fast growing phenomenon in the smart wine cellar market. In order to develop mobile apps that enable automation, tech companies are increasing their R&D capabilities in industrial Internet of Things (IIoT) platforms. This has led to innovations in the sensor technology, which captures real-time temperature, humidity, and pressure levels of atmospheric air.
Wi-Fi Enabled Smart Wine Cellars Witness Demand
Seamless designs and Wi-Fi enabled wine cellars are generating revenue opportunities for manufacturers. This explains why the smart wine cellar market is estimated to grow at a robust CAGR of ~9% during the assessment period. LG Signature has announced to expand its appliance portfolio with the U.S. launch of its new Wi-Fi enabled and precise temperature control refrigerators.
Aesthetic designs and features in smart wine cellars are grabbing the attention of buyers. UV (ultraviolet) resistant glass, auto lift drawers, and glass touch displays are growing popular with consumers. Companies in the smart wine cellar market are mainly focusing on minimizing temperature fluctuations and reducing vibration in appliances.
Ultra-quiet Cooling Systems, Virtual Sommeliers Become Prominent in Wine Cellars
The growing trend of smart homes and smart restaurants is creating revenue prospects for companies in the smart wine cellar market. The robotic WineWall is acquiring prominence, owing to its AI capabilities and virtual sommelier that helps in wine and food pairing options. Startups are tapping value grab opportunities in the smart wine cellar market where they are taking additional efforts to customize appliances as per an individual’s expectations.
Metal trims, interior walls, and rich wood finishes are adding to the sophistication of smart wine cellars. Companies in the smart wine cellar market are boosting their R&D capabilities to integrate ultra-quiet cooling systems with environment temperature controls in AI-based robotic wine cellars.
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Analysts’ Viewpoint
Online marketing strategies and breakthrough innovations such as virtual sommeliers in smart wine cellars are pumping revenue into the market landscape amid the ongoing coronavirus crisis. Companies are rethinking their advertising strategies to create awareness about high-speed robotic arms and security settings in Wi-Fi and AI-enabled wine cellars. The smart wine cellar market is projected to reach the revenue mark of US$ 3 Bn by 2031. However, thermoelectric wine cellars are associated with short service life and disruption in cooling performance, due to the surrounding environment. Hence, companies should incorporate automated temperature control in appliances and increase awareness about purchase parameters, including storage capacity and quality of wine stored to enable desired usage of wine cellars.
Smart Wine Cellar Market: Overview
- According to the latest market report published by Transparency Market Research on the smart wine cellar market for the period 2021–2031 (wherein 2021 to 2031 is the forecast period and 2020 is the base year), rising consumption of wine across the globe is expected to drive the smart wine cellar market
- Globally, revenue generated by the smart wine cellar market accounted for over US$ 1.1 Bn in 2020, which is expected to expand at a CAGR of ~9%, in terms of value, during the forecast period
Rising Demand for Smart Wine Cellars: Key Driver of Smart Wine Cellar Market
- Increasing consumption of wine by consumers over the past few years is influencing the growth of the smart wine cellar market. People frequently visit local wineries, pubs, night clubs, etc., where wine is served. Rapid growth in supply of wine through commercial kitchens, bars, clubs, and pub counters is encouraging the growth of the smart wine cellar market, as it helps to monitor and examine real-time cellar conditions.
- Presence of numerous wineries and their suppliers over the years offering unique products is also propelling the smart wine cellar market. In addition, rising consumption of wine and its preference in several traditional rituals, parties, special occasions, and celebrations is driving the demand for small-sized wine cellars in residential spaces.
- Currently, many advanced & effective technologies control a large number of home & commercial smart appliances from remote locations. Thus, rapid advancements in the information technology (IT) infrastructure and adoption of wireless communication are positively impacting the smart wine cellar market worldwide.
Changing Lifestyle Influencing Wine Consumption: A Significant Opportunity for Smart Wine Cellar Market
- Rising wine consumption coupled with increasing purchasing power is expected to contribute to the adoption of smart wine cellars due to improving lifestyle. In developed regions, wine consumption is significantly increasing due to its several health benefits. These benefits include better immune system, increased bone density, reduced risk of stroke & heart disease, and low cholesterol level. These and other benefits have led to rise in consumption of wine.
- A recent study by researchers of Israel Institute of Technology found that the consumption of red wine improves flow of blood, and thus it enhances the health of the heart and simultaneously lowers the risk of cardiovascular disease. Additionally, a study by John Hopkins University Medical Center revealed that the consumption of wine as compared to other alcohol drinks can lower the risk of blood clotting, which is more beneficial to women. Therefore, people are rapidly shifting toward consumption of wine due to its several health benefits, which is expected to positively impact the growth of the smart wine cellar market during the forecast period.
Increase in Demand for Smart Wine Cellars with Smart Technology: A Key Trend of Global Market
- The latest trend is increase in the use of smart wine cellars in the commercial sector, which is positively impacting the smart wine cellar market. Rising usage of customized smart wine cellars in commercial spaces, such as bars, pubs, restaurants, hotels, and cafes for improving the interior, along with growing popularity of programmable and innovative solutions of wine-based appliances among users is driving the smart wine cellar market. Additionally, growing eCommerce platforms for the sale of smart wine cellars during the COVID-19 situation is expected to drive the market.
High Cost of Product Expected to Hamper Smart Wine Cellar Market Growth
- Smart wine cellars are expensive. Cellars can be connected to the Internet through Wi-Fi or other connectivity options to provide several features that include customized temperature by compartment and notification in case of any technical issues in the wine cellar. In developing or underdeveloped economies, purchasing power of consumers is rather low as compared to developed economies. Therefore, high cost of smart wine cellars is negatively affecting the global market. In addition, high cost of maintenance, operation, and upgrade of smart technology is also likely to hinder market growth.
Smart Wine Cellar Market: Competition Landscape
- Detailed profiles of manufacturers of smart wine cellars have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
- Key players operating in the smart wine cellar market include
- Whirlpool Corporation
- Electrolux AB, Haier Inc.
- Liebherr-International AG
- Dometic Group
- BSH Home Appliances Corporation
- Middleby Corporation
Smart Wine Cellar Market: Key Developments
- Prominent players in the smart wine cellar market are increasing investments in innovative products to fulfill the needs of end users. Manufacturers are also planning to expand their product range and presence in various geographies through mergers & acquisitions and offering end users with customized solutions.
- Some other key developments in the smart wine cellar market are highlighted below:
- In March 2020, Whirlpool Corporation officially inaugurated its factory distribution center in Tulsa, Oklahoma. The existing plant produces freestanding and slide-in ranges under the Whirlpool, KitchenAid, Maytag, Amana, and JennAir brands. This would help the company to meet the increasing demand of users and expand its footprint.
- The Middleby Corporation, in December 2020, acquired Zhuhai Guangdong China-based United Foodservice Equipment Group, which specializes in the business of designing and distributing counter top commercial foodservice equipment
Smart Wine Cellar Market – Scope of the Report
A new study on the global smart wine cellar market has been published by Transparency Market Research (TMR). It presents a wealth of information on key market dynamics, including drivers, market trends, and challenges as well as the structure of the global smart wine cellar market. TMR’s study offers valuable information about the global smart wine cellar market to illustrate how the market would grow during the forecast period of 2021 - 2031.
Key indicators of market growth, which include value chain as well as supply chain analyses, and Compound Annual Growth Rate (CAGR), are elucidated in TMR’s study in a comprehensive manner. This data can help readers interpret quantitative growth aspects of the global smart wine cellar market during the forecast period.
An extensive analysis on business strategies of leading market players is also featured in TMR’s study on the global smart wine cellar market. This can help readers understand principal factors to foresee growth in the global smart wine cellar market. In this study, readers can also find specific data on the qualitative and quantitative growth avenues for the global smart wine cellar market, which is expected to guide market players in making apt decisions in the future.
Key Questions Answered in TMR’s Study on Smart Wine Cellar Market
- What are the key factors influencing the smart wine cellar market in each region?
- What will be the CAGR of the global smart wine cellar market between 2021 and 2031?
- What is the future scope and changing trends in technologies in the global smart wine cellar market?
- Which factors will impede the growth of the global smart wine cellar market during the forecast period?
- Which are the leading companies in the global smart wine cellar market?
Research Methodology – Smart Wine Cellar Market
A unique research methodology is utilized by TMR to conduct a comprehensive research on the growth of the global smart wine cellar market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.
Secondary sources referred to by analysts during the production of the global smart wine cellar market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers who contributed to the production of TMR’s study on the smart wine cellar market as a primary source.
These primary and secondary sources provided exclusive information during interviews, which serves as a validation from smart wine cellar industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global smart wine cellar market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped in making TMR’s estimates on the future prospects of the global smart wine cellar market more reliable and accurate.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Smart Wine Cellar Market – Segmentation
TMR’s study on the global smart wine cellar market includes information categorized into four sections ? capacity, application, distribution channel, and region. Changing industry trends and other crucial market dynamics associated with these sections of the smart wine cellar market are discussed in detail.
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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
5.3. Key Trends Analysis
5.3.1. Demand Side Analysis
5.3.2. Supply Side Analysis
5.4. Key Market Indicators
5.4.1. Overall Wine Market Overview
5.5. Porter’s Five Forces Analysis
5.6. Value Chain Analysis
5.7. Industry SWOT Analysis
5.8. Technology Analysis
5.9. Covid – 19 Impact Analysis
5.10. Import/Export Analysis (HS Code: 841850)
5.11. Global Smart Wine Cellar Market Analysis and Forecast, 2017 - 2031
5.11.1. Market Value Projections (US$ Mn)
5.11.2. Market Volume Projections (Thousand Units)
6. Global Smart Wine Cellar Market Analysis and Forecast, By Capacity
6.1. Global Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Capacity, 2017 - 2031
6.1.1. Up to 500 Bottles
6.1.2. Up to 1000 Bottles
6.1.3. Up to 1500 Bottles
6.1.4. More than 1500 Bottles
6.2. Incremental Opportunity, By Capacity
7. Global Smart Wine Cellar Market Analysis and Forecast, By Application
7.1. Global Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031
7.1.1. Residential
7.1.2. Commercial
7.1.2.1. Restaurants & Bar
7.1.2.2. Hotel & Others
7.2. Incremental Opportunity, By Application
8. Global Smart Wine Cellar Market Analysis and Forecast, By Distribution Channel
8.1. Global Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2017 – 2031
8.1.1. Online
8.1.2. Offline
8.1.2.1. Mega Retail Stores
8.1.2.2. Specialty Stores
8.1.2.3. Others
8.2. Incremental Opportunity, By Distribution Channel
9. Global Smart Wine Cellar Market Analysis and Forecast, Region
9.1. Global Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Region, 2017 - 2031
9.1.1. North America
9.1.2. Europe
9.1.3. Asia Pacific
9.1.4. Middle East & Africa
9.1.5. South America
9.2. Incremental Opportunity, By Region
10. North America Smart Wine Cellar Market Analysis and Forecast
10.1. Regional Snapshot
10.1.1. By Capacity
10.1.2. By Application
10.1.3. By Distribution Channel
10.1.4. By Country
10.2. Price Trend Analysis
10.2.1. Weighted Average Selling Price
10.3. Key Trend Analysis
10.4. Brand Analysis
10.5. Consumer Buying Behavior
10.5.1. Preferred Type
10.5.2. Average Spend
10.6. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Capacity, 2017 - 2031
10.6.1. Up to 500 Bottles
10.6.2. Up to 1000 Bottles
10.6.3. Up to 1500 Bottles
10.6.4. More than 1500 Bottles
10.7. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031
10.7.1. Residential
10.7.2. Commercial
10.7.2.1. Restaurants & Bar
10.7.2.2. Hotel & Others
10.8. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
10.8.1. Online
10.8.2. Offline
10.8.2.1. Mega Retail Stores
10.8.2.2. Specialty Stores
10.8.2.3. Others
10.9. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Country & Sub-region, 2017 - 2031
10.9.1. U.S.
10.9.2. Canada
10.9.3. Rest of North America
10.10. Incremental Opportunity Analysis
11. Europe Smart Wine Cellar Market Analysis and Forecast
11.1. Regional Snapshot
11.1.1. By Capacity
11.1.2. By Application
11.1.3. By Distribution Channel
11.1.4. By Country
11.2. Price Trend Analysis
11.2.1. Weighted Average Selling Price
11.3. Key Trend Analysis
11.4. Brand Analysis
11.5. Consumer Buying Behavior
11.5.1. Preferred Type
11.5.2. Average Spend
11.6. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Capacity, 2017 - 2031
11.6.1. Up to 500 Bottles
11.6.2. Up to 1000 Bottles
11.6.3. Up to 1500 Bottles
11.6.4. More than 1500 Bottles
11.7. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031
11.7.1. Residential
11.7.2. Commercial
11.7.2.1. Restaurants & Bar
11.7.2.2. Hotel & Others
11.8. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
11.8.1. Online
11.8.2. Offline
11.8.2.1. Mega Retail Stores
11.8.2.2. Specialty Stores
11.8.2.3. Others
11.9. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Country, 2017 & Sub-region - 2031
11.9.1. UK
11.9.2. Germany
11.9.3. France
11.9.4. Rest of Europe
11.10. Incremental Opportunity Analysis
12. Asia Pacific Smart Wine Cellar Market Analysis and Forecast
12.1. Regional Snapshot
12.1.1. By Capacity
12.1.2. By Application
12.1.3. By Distribution Channel
12.1.4. By Country
12.2. Price Trend Analysis
12.2.1. Weighted Average Selling Price
12.3. Key Trend Analysis
12.4. Brand Analysis
12.5. Consumer Buying Behavior
12.5.1. Preferred Type
12.5.2. Average Spend
12.6. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Capacity, 2017 - 2031
12.6.1. Up to 500 Bottles
12.6.2. Up to 1000 Bottles
12.6.3. Up to 1500 Bottles
12.6.4. More than 1500 Bottles
12.7. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031
12.7.1. Residential
12.7.2. Commercial
12.7.2.1. Restaurants & Bar
12.7.2.2. Hotel & Others
12.8. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
12.8.1. Online
12.8.2. Offline
12.8.2.1. Mega Retail Stores
12.8.2.2. Specialty Stores
12.8.2.3. Others
12.9. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Country & Sub-region, 2017 - 2031
12.9.1. China
12.9.2. India
12.9.3. Japan
12.9.4. Rest of Asia Pacific
12.10. Incremental Opportunity Analysis
13. Middle East & Africa Smart Wine Cellar Market Analysis and Forecast
13.1. Regional Snapshot
13.1.1. By Capacity
13.1.2. By Application
13.1.3. By Distribution Channel
13.1.4. By Country
13.2. Price Trend Analysis
13.2.1. Weighted Average Selling Price
13.3. Key Trend Analysis
13.4. Brand Analysis
13.5. Consumer Buying Behavior
13.5.1. Preferred Type
13.5.2. Average Spend
13.6. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Capacity, 2017 - 2031
13.6.1. Up to 500 Bottles
13.6.2. Up to 1000 Bottles
13.6.3. Up to 1500 Bottles
13.6.4. More than 1500 Bottles
13.7. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031
13.7.1. Residential
13.7.2. Commercial
13.7.2.1. Restaurants & Bar
13.7.2.2. Hotel & Others
13.8. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
13.8.1. Online
13.8.2. Offline
13.8.2.1. Mega Retail Stores
13.8.2.2. Specialty Stores
13.8.2.3. Others
13.9. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Country & Sub-region, 2017 - 2031
13.9.1. GCC
13.9.2. South Africa
13.9.3. Rest of Middle East & Africa
13.10. Incremental Opportunity Analysis
14. South America Smart Wine Cellar Market Analysis and Forecast
14.1. Regional Snapshot
14.1.1. By Capacity
14.1.2. By Application
14.1.3. By Distribution Channel
14.1.4. By Country
14.2. Price Trend Analysis
14.2.1. Weighted Average Selling Price
14.3. Key Trend Analysis
14.4. Brand Analysis
14.5. Consumer Buying Behavior
14.5.1. Preferred Type
14.5.2. Average Spend
14.6. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Capacity, 2017 - 2031
14.6.1. Up to 500 Bottles
14.6.2. Up to 1000 Bottles
14.6.3. Up to 1500 Bottles
14.6.4. More than 1500 Bottles
14.7. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031
14.7.1. Residential
14.7.2. Commercial
14.7.2.1. Restaurants & Bar
14.7.2.2. Hotel & Others
14.8. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
14.8.1. Online
14.8.2. Offline
14.8.2.1. Mega Retail Stores
14.8.2.2. Specialty Stores
14.8.2.3. Others
14.9. Smart Wine Cellar Market Size (US$ Mn and Thousand Units) Forecast, By Country & Sub-region, 2017 - 2031
14.9.1. Brazil
14.9.2. Rest of South America
14.10. Incremental Opportunity Analysis
15. Competition Landscape
15.1. Market Player – Competition Dashboard
15.2. Market Revenue Share Analysis (%), (2020)
15.3. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview)
15.3.1. KitchenAid - Whirlpool Corporation
15.3.1.1. Company Overview
15.3.1.2. Sales Area/Geographical Presence
15.3.1.3. Revenue
15.3.1.4. Strategy & Business Overview
15.3.2. Electrolux AB
15.3.2.1. Company Overview
15.3.2.2. Sales Area/Geographical Presence
15.3.2.3. Revenue
15.3.2.4. Strategy & Business Overview
15.3.3. Haier Inc.
15.3.3.1. Company Overview
15.3.3.2. Sales Area/Geographical Presence
15.3.3.3. Revenue
15.3.3.4. Strategy & Business Overview
15.3.4. Liebherr-International AG
15.3.4.1. Company Overview
15.3.4.2. Sales Area/Geographical Presence
15.3.4.3. Revenue
15.3.4.4. Strategy & Business Overview
15.3.5. Dometic Group
15.3.5.1. Company Overview
15.3.5.2. Sales Area/Geographical Presence
15.3.5.3. Revenue
15.3.5.4. Strategy & Business Overview
15.3.6. BSH Home Appliances Corporation
15.3.6.1. Company Overview
15.3.6.2. Sales Area/Geographical Presence
15.3.6.3. Revenue
15.3.6.4. Strategy & Business Overview
15.3.7. Middleby Corporation
15.3.7.1. Company Overview
15.3.7.2. Sales Area/Geographical Presence
15.3.7.3. Revenue
15.3.7.4. Strategy & Business Overview
15.3.8. EuroCave SAS
15.3.8.1. Company Overview
15.3.8.2. Sales Area/Geographical Presence
15.3.8.3. Revenue
15.3.8.4. Strategy & Business Overview
15.3.9. La Sommelière
15.3.9.1. Company Overview
15.3.9.2. Sales Area/Geographical Presence
15.3.9.3. Revenue
15.3.9.4. Strategy & Business Overview
15.3.10. Cellar Solutions Inc.
15.3.10.1. Company Overview
15.3.10.2. Sales Area/Geographical Presence
15.3.10.3. Revenue
15.3.10.4. Strategy & Business Overview
16. Key Takeaways
16.1. Identification of Potential Market Spaces
16.1.1. Product Type
16.1.2. Sales Channel
16.1.3. Geography
16.2. Understanding the Buying Process of the Customers
16.2.1. Preferred Product Type
16.2.2. Preferred Mode of buying products
16.2.3. Preferred Pricing
16.2.4. Target Audience
16.3. Prevailing Market Risks
16.4. Preferred Sales & Marketing Strategy
List of Tables
Table 1: Global Smart Wine Cellar Market – by Capacity (Thousand Units), 2017-2031
Table 2: Global Smart Wine Cellar Market - by Capacity (US$ Mn), 2017-2031
Table 3: Global Smart Wine Cellar Market – by Application (Thousand Units), 2017-2031
Table 4: Global Smart Wine Cellar Market - by Application (US$ Mn), 2017-2031
Table 5: Global Smart Wine Cellar Market – by Distribution Channel (Thousand Units), 2017-2031
Table 6: Global Smart Wine Cellar Market – by Distribution Channel (US$ Mn), 2017-2031
Table 7: Global Smart Wine Cellar Market – by Region (Thousand Units), 2017-2031
Table 8: Global Smart Wine Cellar Market - by Region (US$ Mn), 2017-2031
Table 9: North America Smart Wine Cellar Market – by Capacity (Thousand Units), 2017-2031
Table 10: North America Smart Wine Cellar Market - by Capacity (US$ Mn), 2017-2031
Table 11: North America Smart Wine Cellar Market – by Application (Thousand Units), 2017-2031
Table 12: North America Smart Wine Cellar Market - by Application (US$ Mn), 2017-2031
Table 13: North America Smart Wine Cellar Market – by Distribution Channel (Thousand Units), 2017-2031
Table 14: North America Smart Wine Cellar Market – by Distribution Channel (US$ Mn), 2017-2031
Table 15: North America Smart Wine Cellar Market – by Country (Thousand Units), 2017-2031
Table 16: North America Smart Wine Cellar Market - by Country (US$ Mn), 2017-2031
Table 17: Europe Smart Wine Cellar Market – by Capacity (Thousand Units), 2017-2031
Table 18: Europe Smart Wine Cellar Market - by Capacity (US$ Mn), 2017-2031
Table 19: Europe Smart Wine Cellar Market – by Application (Thousand Units), 2017-2031
Table 20: Europe Smart Wine Cellar Market - by Application (US$ Mn), 2017-2031
Table 21: Europe Smart Wine Cellar Market – by Distribution Channel (Thousand Units), 2017-2031
Table 22: Europe Smart Wine Cellar Market – by Distribution Channel (US$ Mn), 2017-2031
Table 23: Europe Smart Wine Cellar Market – by Country (Thousand Units), 2017-2031
Table 24: Europe Smart Wine Cellar Market - by Country (US$ Mn), 2017-2031
Table 25: Asia Pacific Smart Wine Cellar Market – by Capacity (Thousand Units), 2017-2031
Table 26: Asia Pacific Smart Wine Cellar Market - by Capacity (US$ Mn), 2017-2031
Table 27: Asia Pacific Smart Wine Cellar Market – by Application (Thousand Units), 2017-2031
Table 28: Asia Pacific Smart Wine Cellar Market - by Application (US$ Mn), 2017-2031
Table 29: Asia Pacific Smart Wine Cellar Market – by Distribution Channel (Thousand Units), 2017-2031
Table 30: Asia Pacific Smart Wine Cellar Market – by Distribution Channel (US$ Mn), 2017-2031
Table 31: Asia Pacific Smart Wine Cellar Market – by Country (Thousand Units), 2017-2031
Table 32: Asia Pacific Smart Wine Cellar Market - by Country (US$ Mn), 2017-2031
Table 33: Middle East & Africa Smart Wine Cellar Market – by Capacity (Thousand Units), 2017-2031
Table 34: Middle East & Africa Smart Wine Cellar Market - by Capacity (US$ Mn), 2017-2031
Table 35: Middle East & Africa Smart Wine Cellar Market – by Application (Thousand Units), 2017-2031
Table 36: Middle East & Africa Smart Wine Cellar Market - by Application (US$ Mn), 2017-2031
Table 37: Middle East & Africa Smart Wine Cellar Market – by Distribution Channel (Thousand Units), 2017-2031
Table 38: Middle East & Africa Smart Wine Cellar Market – by Distribution Channel (US$ Mn), 2017-2031
Table 39: Middle East & Africa Smart Wine Cellar Market – by Country (Thousand Units), 2017-2031
Table 40: Middle East & Africa Smart Wine Cellar Market - by Country (US$ Mn), 2017-2031
Table 41: South America Smart Wine Cellar Market – by Capacity (Thousand Units), 2017-2031
Table 42: South America Smart Wine Cellar Market - by Capacity (US$ Mn), 2017-2031
Table 43: South America Smart Wine Cellar Market – by Application (Thousand Units), 2017-2031
Table 44: South America Smart Wine Cellar Market - by Application (US$ Mn), 2017-2031
Table 45: South America Smart Wine Cellar Market – by Distribution Channel (Thousand Units), 2017-2031
Table 46: South America Smart Wine Cellar Market – by Distribution Channel (US$ Mn), 2017-2031
Table 47: South America Smart Wine Cellar Market – by Country (Thousand Units), 2017-2031
Table 48: South America Smart Wine Cellar Market - by Country (US$ Mn), 2017-2031
List of Figures
Figure 1: Global Smart Wine Cellar Market Projections by Capacity, Thousand Units, 2017-2031
Figure 2: Global Smart Wine Cellar Market Projections by Capacity, US$ Mn, 2017-2031
Figure 3: Global Smart Wine Cellar Market, Incremental Opportunity, by Capacity, US$ Mn
Figure 4: Global Smart Wine Cellar Market Projections by Application, Thousand Units, 2017-2031
Figure 5: Global Smart Wine Cellar Market Projections by Application, US$ Mn, 2017-2031
Figure 6: Global Smart Wine Cellar Market, Incremental Opportunity, by Application, US$ Mn
Figure 7: Global Smart Wine Cellar Market Projections by Distribution Channel, Thousand Units, 2017-2031
Figure 8: Global Smart Wine Cellar Market Projections by Distribution Channel, US$ Mn, 2017-2031
Figure 9: Global Smart Wine Cellar Market, Incremental Opportunity, by Distribution Channel, US$ Mn
Figure 10: Global Smart Wine Cellar Market Projections by Region, Thousand Units, 2017-2031
Figure 11: Global Smart Wine Cellar Market Projections by Region, US$ Mn, 2017-2031
Figure 12: Global Smart Wine Cellar Market, Incremental Opportunity, by Region, US$ Mn
Figure 13: North America Smart Wine Cellar Market Projections by Capacity, Thousand Units, 2017-2031
Figure 14: North America Smart Wine Cellar Market Projections by Capacity, US$ Mn, 2017-2031
Figure 15: North America Smart Wine Cellar Market, Incremental Opportunity, By Capacity, US$ Mn
Figure 16: North America Smart Wine Cellar Market Projections by Application, Thousand Units, 2017-2031
Figure 17: North America Smart Wine Cellar Market Projections by Application, US$ Mn, 2017-2031
Figure 18: North America Smart Wine Cellar Market, Incremental Opportunity, by Application, US$ Mn
Figure 19: North America Smart Wine Cellar Market Projections by Distribution Channel, Thousand Units, 2017-2031
Figure 20: North America Smart Wine Cellar Market Projections by Distribution Channel, US$ Mn, 2017-2031
Figure 21: North America Smart Wine Cellar Market, Incremental Opportunity, by Distribution Channel, US$ Mn
Figure 22: North America Smart Wine Cellar Market Projections by Country, Thousand Units, 2017-2031
Figure 23: North America Smart Wine Cellar Market Projections by Country, US$ Mn, 2017-2031
Figure 24: North America Smart Wine Cellar Market, Incremental Opportunity, by Country, US$ Mn
Figure 25: Europe Smart Wine Cellar Market Projections by Capacity, Thousand Units, 2017-2031
Figure 26: Europe Smart Wine Cellar Market Projections by Capacity, US$ Mn, 2017-2031
Figure 27: Europe Smart Wine Cellar Market, Incremental Opportunity, by Capacity, US$ Mn
Figure 28: Europe Smart Wine Cellar Market Projections by Application, Thousand Units, 2017-2031
Figure 29: Europe Smart Wine Cellar Market Projections by Application, US$ Mn, 2017-2031
Figure 30: Europe Smart Wine Cellar Market, Incremental Opportunity, by Application, US$ Mn
Figure 31: Europe Smart Wine Cellar Market Projections by Distribution Channel, Thousand Units, 2017-2031
Figure 32: Europe Smart Wine Cellar Market Projections by Distribution Channel, US$ Mn, 2017-2031
Figure 33: Europe Smart Wine Cellar Market, Incremental Opportunity, by Distribution Channel, US$ Mn
Figure 34: Europe Smart Wine Cellar Market Projections by Country, Thousand Units, 2017-2031
Figure 35: Europe Smart Wine Cellar Market Projections by Country, US$ Mn, 2017-2031
Figure 36: Europe Smart Wine Cellar Market, Incremental Opportunity, by Country, US$ Mn
Figure 37: Asia Pacific Smart Wine Cellar Market Projections by Capacity, Thousand Units, 2017-2031
Figure 38: Asia Pacific Smart Wine Cellar Market Projections by Capacity, US$ Mn, 2017-2031
Figure 39: Asia Pacific Smart Wine Cellar Market, Incremental Opportunity, by Capacity, US$ Mn
Figure 40: Asia Pacific Smart Wine Cellar Market Projections by Application, Thousand Units, 2017-2031
Figure 41: Asia Pacific Smart Wine Cellar Market Projections by Application, US$ Mn, 2017-2031
Figure 42: Asia Pacific Smart Wine Cellar Market, Incremental Opportunity, by Application, US$ Mn
Figure 43: Asia Pacific Smart Wine Cellar Market Projections by Distribution Channel, Thousand Units, 2017-2031
Figure 44: Asia Pacific Smart Wine Cellar Market Projections by Distribution Channel, US$ Mn, 2017-2031
Figure 45: Asia Pacific Smart Wine Cellar Market, Incremental Opportunity, by Distribution Channel, US$ Mn
Figure 46: Asia Pacific Smart Wine Cellar Market Projections by Country, Thousand Units, 2017-2031
Figure 47: Asia Pacific Smart Wine Cellar Market Projections by Country, US$ Mn, 2017-2031
Figure 48: Asia Pacific Smart Wine Cellar Market, Incremental Opportunity, by Country, US$ Mn
Figure 49: Middle East & Africa Smart Wine Cellar Market Projections by Capacity, Thousand Units, 2017-2031
Figure 50: Middle East & Africa Smart Wine Cellar Market Projections by Capacity, US$ Mn, 2017-2031
Figure 51: Middle East & Africa Smart Wine Cellar Market, Incremental Opportunity, by Capacity, US$ Mn
Figure 52: Middle East & Africa Smart Wine Cellar Market Projections by Application, Thousand Units, 2017-2031
Figure 53: Middle East & Africa Smart Wine Cellar Market Projections by Application, US$ Mn, 2017-2031
Figure 54: Middle East & Africa Smart Wine Cellar Market, Incremental Opportunity, by Application, US$ Mn
Figure 55: Middle East & Africa Smart Wine Cellar Market Projections by Distribution Channel, Thousand Units, 2017-2031
Figure 56: Middle East & Africa Smart Wine Cellar Market Projections by Distribution Channel, US$ Mn, 2017-2031
Figure 57: Middle East & Africa Smart Wine Cellar Market, Incremental Opportunity, by Distribution Channel, US$ Mn
Figure 58: Middle East & Africa Smart Wine Cellar Market Projections by Country, Thousand Units, 2017-2031
Figure 59: Middle East & Africa Smart Wine Cellar Market Projections by Country, US$ Mn, 2017-2031
Figure 60: Middle East & Africa Smart Wine Cellar Market, Incremental Opportunity, By Country, US$ Mn
Figure 61: South America Smart Wine Cellar Market Projections by Capacity, Thousand Units, 2017-2031
Figure 62: South America Smart Wine Cellar Market Projections by Capacity, US$ Mn, 2017-2031
Figure 63: South America Smart Wine Cellar Market, Incremental Opportunity, By Capacity, US$ Mn
Figure 64: South America Smart Wine Cellar Market Projections by Application, Thousand Units, 2017-2031
Figure 65: South America Smart Wine Cellar Market Projections by Application, US$ Mn, 2017-2031
Figure 66: South America Smart Wine Cellar Market, Incremental Opportunity, by Application, US$ Mn
Figure 67: South America Smart Wine Cellar Market Projections by Distribution Channel, Thousand Units, 2017-2031
Figure 68: South America Smart Wine Cellar Market Projections by Distribution Channel, US$ Mn, 2017-2031
Figure 69: South America Smart Wine Cellar Market, Incremental Opportunity, by Distribution Channel, US$ Mn
Figure 70: South America Smart Wine Cellar Market Projections by Country, Thousand Units, 2017-2031
Figure 71: South America Smart Wine Cellar Market Projections by Country, US$ Mn, 2017-2031
Figure 72: South America Smart Wine Cellar Market, Incremental Opportunity, by Country, US$ Mn
