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Smart Cooktop Market Size Forecast: How Big Could The Market Get By 2030?
The smart cooktop market has experienced robust expansion in recent years. Its valuation is projected to increase from $1.98 billion in 2025 to $2.17 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 9.5%. This historical growth can be attributed to factors such as the increased adoption of urban household appliances, the rising penetration of smart home ecosystems, a growing consumer preference for premium kitchen appliances, the expansion of modular kitchen installations, and advancements in induction cooking technology.
The smart cooktop market is anticipated to experience robust expansion over the coming years. This market is projected to reach $3.09 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 9.2%. This projected growth is driven by factors such as the increasing demand for interconnected kitchen environments, the wider embrace of AI-powered cooking support, a heightened emphasis on energy-efficient devices, the spread of smart appliance usage in developing regions, and the greater integration with home automation systems. Key trends during this period are expected to involve a greater uptake of app-managed cooking interfaces, an increasing need for sensor-driven temperature management, the expanding incorporation of voice-activated cooking capabilities, the proliferation of energy-saving induction cooktops, and an intensified focus on cooking safety along with auto-shutoff functionalities.
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Smart Cooktop Market Development Factors: What’s Supporting Demand?
The increasing integration of smart home technology is anticipated to fuel the expansion of the smart cooktop market in the future. Smart home adoption involves incorporating and utilizing interconnected devices and systems in a residence to improve convenience, efficiency, and management of different aspects of daily living via automation and remote control. Embracing smart home technology boosts the capabilities of smart cooktops, enabling users to manage and observe cooking procedures from a distance, thereby offering greater ease and effectiveness. For example, a survey of 1,000 adults by Samsung Electronics Co. Ltd., a South Korea-based appliance firm, revealed in June 2023 that 86% of homebuyers in the UK would consider a smart home for their next property and be willing to pay an additional $21,685 (£18,000). This study, alongside an examination of Google search trends spanning March 2022 to March 2023, highlighted consumers’ desire for smart technology and their readiness to invest more in it. Nearly 40% of Gen Z purchasers desire their forthcoming property to be equipped with smart home features. Consequently, the increasing preference for smart home integration is propelling the expansion of the smart cooktop market.
Smart Cooktop Market Segment Performance And Emerging Opportunities
The smart cooktop market covered in this report is segmented –
1) By Fuel Type: Electric, Gas
2) By Technology: Induction Cooktops, Radiant Cooktops, Gas Cooktops
3) By End-User: Residential, Commercial
4) By Distribution Channel: Online, Offline
Subsegments:
1) By Electric: Induction Cooktops, Radiant Cooktops, Ceramic Cooktops
2) By Gas: Natural Gas Cooktops, Propane Gas Cooktops
Smart Cooktop Market Transformation Trends: What Innovations Are Driving Change?
Leading companies in the smart cooktop market are increasingly focusing on developing advanced solutions, such as smart gas stoves, to gain a competitive advantage. A smart gas stove is a kitchen appliance equipped with connectivity features and advanced technology, offering users improved control and monitoring capabilities. For instance, in December 2023, Xiaomi Corporation, a consumer electronics company, introduced the Mijia Smart Gas Stove S2, a smart cooktop. This stove is a smart gas stove that merges sophisticated design with advanced technology, including smart functionality that integrates effortlessly into any modern kitchen. The stove features two burners housed in an elegant, matte-tempered glass panel, similar to those found in high-end induction cooktops. It also incorporates a double-flame system that ensures even heating of pots and pans, allowing for precise temperature control up to 230°C. Equipped with a dual timer, which can be programmed from 1 minute to 3 hours, it automatically cuts off the gas supply when the set time elapses, ensuring both safety and convenience.
Smart Cooktop Market Key Players: Which Companies Lead Industry Competition?
Major companies operating in the smart cooktop market are Samsung Electronics Co. Ltd., Siemens Home Appliances, LG Electronics Inc., Panasonic Corporation, Whirlpool Corporation, Bosch Home Appliances, Electrolux AB, Miele & Cie. KG, GE Appliances, Fisher & Paykel Appliances, Garland Commercial Industries LLC, KitchenAid Inc., Teka Group, Montague Company, Viking Range LLC, AGA Rangemaster Group Ltd., BlueStar Cooking, Dacor Inc., Smeg S.p.A., Hestan Commercial Corporation, Fulgor Milano, ILVE S.p.A., Kenmore Appliances, Bertazzoni S.p.A., La Cornue S.A., Wolf Appliances
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Smart Cooktop Market Largest Region: Which Geography Holds The Biggest Share?
North America was the largest region in the smart cooktop market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart cooktop market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
