THE KITCHEN OF THE FUTURE IS TODAY 3-IN-1SOLUTION THAT COMBINES HOB, HOOD AND OVEN AND REVOLUTIONISES THE WORLD OF BUILT-IN KITCHEN APPLIANCES INNOVATION, EFFICIENCY, SUSTAINABILITY AND A CLEAR STRATEGIC VIEW ARE
THE DRIVERS OF FUTURE GROWTH AND PROFITABILITY
“LHOV” is the revolution that integrates hob, hood and oven, a significant step towards the comprehensive expansion of Elica in the segment of Cooking. A completely new category of product, compact, powerful and automated, fully expressing the drive for innovation that has always characterized the Group. “LHOV” fits perfectly with the strategic path of the Group, which focuses on the growth of own-brand and top-of-the-range products with the goal to reach 60% on total revenues of the Cooking segment (55% in 2021, 52% in 2019).
The launch of “LHOV” will expand the product offer in a sales and distribution network already successful in all European countries, the same network that has determined the success story of the NikolaTesla aspiration hob, which today represents about 12% of the Cooking revenue, with a 40% and 80% increase compared to 2020 and 2019, respectively.
Hoover brand has been recognized among the best brands in the SDA category for quality-price ratio, according to the German Institute of Quality and Finance (ITQF).
The ranking was carried out by one of the leading European institutes specialized in quality surveys, which carried out a market research on 685,000 consumer reviews in partnership with La Repubblica – Affari & Finanza.
Commenting on the achievement, Sabrina Zara, Italy Marketing Director at Haier Europe, said: “𝘞𝘦 𝘢𝘳𝘦 𝘱𝘳𝘰𝘶𝘥 𝘰𝘧 𝘵𝘩𝘪𝘴 𝘪𝘮𝘱𝘰𝘳𝘵𝘢𝘯𝘵 𝘳𝘦𝘤𝘰𝘨𝘯𝘪𝘵𝘪𝘰𝘯 𝘸𝘩𝘪𝘤𝘩 𝘤𝘰𝘯𝘧𝘪𝘳𝘮𝘴 𝘵𝘩𝘢𝘵 𝘏𝘰𝘰𝘷𝘦𝘳 𝘪𝘴 𝘢 𝘴𝘺𝘯𝘰𝘯𝘺𝘮 𝘧𝘰𝘳 𝘲𝘶𝘢𝘭𝘪𝘵𝘺, 𝘱𝘦𝘳𝘧𝘰𝘳𝘮𝘢𝘯𝘤𝘦, 𝘢𝘯𝘥 𝘳𝘦𝘭𝘪𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘧𝘰𝘳 𝘮𝘢𝘯𝘺 𝘰𝘧 𝘰𝘶𝘳 𝘤𝘰𝘯𝘴𝘶𝘮𝘦𝘳𝘴.”
Dr. Matthias Metz (51) will take over as CEO of BSH Hausgeräte GmbH. In this capacity, he will be responsible for the global business of the home appliance manufacturer with more than 62,000 employees and a global production network of 40 factories worldwide. Metz is currently leading the Consumer Markets Segment at ZEISS Group and brings many years of international expertise in branded consumer business to BSH
Matthias Metz, currently a member of the Executive Board of ZEISS Group, will move to Europe’s leading home appliance manufacturer as CEO and Chairman of the Board of Management on October 1, 2022 Metz will take over the CEO role currently held on an interim basis by BSH CFO Dr. Gerhard Dambach
Elements are pure. They can’t be divided. But when combined, they create something original and new. Elements by ASKO now comes in a unique combination of Pearl Grey with soft-grey painted glass, which features a subtle metallic sprinkle. The grey earthy tones create a soft, sophisticated ambiance, while the metallic sparkles add a rich, layered effect as they wait for the spotlights to bring them vividly to life.
Visit Asko at Salone del Mobile.Milano EuroCucina and discover new ASKO colour.
Silverline will be at EuroCucina, one of the most prestigious exhibiton of the industry! You can find us in Milan for technology and design on 7 – 12 June, and we also invite you to discover new technologies.
According to a new report by Technavio, the global smart kitchen appliance market size is expected to increase by USD9.4bn (approx. €8.75bn) between 2020 and 2025, expanding at a CAGR of 12.65%. The report provides a detailed analysis of the vendor landscape, growth opportunities across business segments, and market growth across regions.
The global smart kitchen appliance market is, says Technavio, quite fragmented. The market is characterised by the presence of several well-established vendors, who are focusing on technology for innovating products to sustain themselves in the competitive market. They are also focusing on building brand and brand equity in the market to differentiate themselves from competing brands.
Technavio identifies AB Electrolux, Breville USA Inc., Haier Smart Home Co. Ltd., Koninklijke Philips NV, LG Electronics Inc., Miele & Cie. KG, Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sub-Zero Group Inc., and Whirlpool Corp. are some of the major market participants.
Although the growing demand for premium, innovative appliances, increasing adoption of smart connected home system, and the ease of use and convenience offered by smart kitchen appliances will offer immense growth opportunities, the high cost of installation, lack of product and technology awareness, especially in developing regions, and the impact of COVID-19 pandemic on market will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The market will observe high demand for smart cooking appliances during the forecast period. Factors such as enhanced living standards and growing interest in smart connected home appliances are driving the demand for such products. Also, the growing trend of modular kitchens with large cooking appliances is further driving the demand.
In terms of sales channels, the offline segment will account for maximum growth in terms of sales and revenue generation. The segment is driven by increasing strategic alliances between vendors and household appliance retail chains.
According to the research organisation, about 34% of the market growth will originate from North America during the forecast period. Factors such as the availability of favorable infrastructure, high internet penetration, and the adoption of smart homes are driving the growth of the regional market.
As Milan Design Week approaches, Gaggenau prepares to welcome you to A Statement of Form. The iconic and beautiful Villa Necchi Campiglio will be hosting the installation, an immersive representation of Gaggenau. See, hear, taste and truly feel the brand as never before.
Eurocucina, the International Kitchen Furniture and Technology Show, is almost here! This year, Elica will not just be showcasing innovation, but a genuine revolution. Come and discover all the new products from 7 to 12 June, at the Rho Fiera exhibition centre in Milan, HALL 11, STAND H27/M30
Smeg will take part to the next edition of the Salone del Mobile at Rho Fiera Milano (7-12 June 2022). The Italian company will be present with all the new products at stand M22 – M28 in Hall 11.
Among the novelties on display is the Galileo project, the range of ovens allowing the combination of traditional, steam and microwave cooking functions. Omnichef is the spearhead of the project: three technologies in a single oven, with professional algorithms and special functions to satisfy every need.
Another innovation on display will be the Area induction hob, equipped with a shiny ceramic glass surface in black or silver version with screen printing under the glass and without pre-set cooking areas, to ensure maximum flexibility of use on a surface of 90 cm.
On the fair also the FAB refrigerators with 9 brand new matt colors capture the attention with special finishes and the ever-present sinuous shapes of retro inspiration
