What is Digital Air Fryer?
Digital air fryers have an electronic LED display with just a digital touchscreen. The working principle of this type of air fryer is identical to that of the analog air fryer. The main difference is on the control panel. Other than temperature and time settings, the control panel has a variety of features. Preset cooking capabilities, preheat, keep us warm, shake the note to say function, and other features may be included. Preset cooking capabilities are the most common. A digital air fryer's common preset cooking functions include a grill, bake, roast, shrimp, fluid loss, and so on. Manual or analog air fryers, on the other hand, use manual dials to regulate the time and temperature. As previously stated, there is no functional difference between these two types of air fryers. Typically, manual air fryers do not have any kind of status display. To set the cooking time, the timing controller may have a limit ranging from 5 to 60 minutes. However, some lower ranges can set the time to up to 30 minutes. However, according to Switch's energy experts, an air fryer can be a cheaper way of cooking if it is smaller than your oven and heats up quickly. This is typically a newer, more energy-efficient model. Older air fryers that are larger and take longer to heat up can still consume a lot of energy.
|Unit||Value (USD Million)|
|Key Companies Profiled||Havells (Noida), Newell Brands, Inc. (United States), Philips (Netherlands), Stanley Black & Decker, Inc. (United States), Breville Group Limited (Australia), Groupe SEB (France), SharkNinja (United States), Cuisinart Corporation (Conair Corporation) (United States), Meyer Manufacturing Company Limited (China) and GoWISE USA (United States)|
The study covers a detailed analysis segmented by key business segments i.e. by type (Digital and Manual) , by application (Home, Restaurant, Café and Others) and major geographies. Research Analyst at AMA predicts that United States & India Vendors will contribute to the maximum growth of Global Digital Air Fryer market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Digital Air Fryer market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Havells (Noida), Newell Brands, Inc. (United States), Philips (Netherlands), Stanley Black & Decker, Inc. (United States), Breville Group Limited (Australia), Groupe SEB (France), SharkNinja (United States), Cuisinart Corporation (Conair Corporation) (United States), Meyer Manufacturing Company Limited (China) and GoWISE USA (United States).
On 9th February 2021, Royal Philips, a global leader in health technology, announced today the completion of its acquisition of Biotelemetry, Inc., a leading provider of remote cardiac diagnostics and monitoring in the United States.
The Consumer Product Safety Commission's mission is to protect the public from absurd risks of injury associated with customer products. In furtherance of its mission, CPSC country eastern enforces several laws, listed below, such as the Consumer Products Safety Act. The CPSC also issues regulations to carry out the laws it administrates and enforces. These guidelines, in addition to active rulemaking matters, are listed below. Finally, there are links to current and past activities with volunteer standards organizations.
The air fryer market is highly fragmented, with a large number of players, and it is highly competitive. Large players, on the other hand, compete to integrate novel technologies to provide effective products and services. These developments are intended to meet the high demand for air fryers in the large commercial and residential sectors. To compete in an increasingly competitive industry, major brands in the sector are increasingly involved in the creation of models for mass production and distribution with low-cost offerings.
Upsurge in Disposable Income of Consumers and Growing Demand from Commercial Kitchens
Market Growth Drivers:
Digital Air Fryer Are Safe and Secure, Increasing Number of Health Conscious People and Use Lesser Oil than Deep Air Fryer
High Cost of Implementation and Improper Maintenance for Digital Air Fryer and Management
Lack of Awareness and More Energy Consumption by Digital Air Fryers
Technology Innovations in Air Fryers and Surge in Installation of Digital Air Fryer
Key highlights of the Global Digital Air Fryer market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Digital Air Fryer market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Digital Air Fryer market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Digital Air Fryer Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Digital Air Fryer market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Digital Air Fryer market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Digital Air Fryer Manufacturing, Digital Air Fryer Supplier & Distributor, Regulatory Authorities, Government Bodies, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.