Wilmington, Delaware, United States, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The fully automatic coffee machines market was valued at US$ 4.8 billion in 2022. By the end of 2031, US$ 6.5 billion will be generated by the market, growing at a CAGR of 3.5%. The development of fully autonomous coffee makers is probably going to be greatly influenced by ongoing technological breakthroughs.
By integrating machine learning and artificial intelligence (AI), these devices can recognize and adjust to each user's unique tastes, providing a genuinely customized coffee experience. In addition, smart home integration and improved connectivity features might proliferate, enabling consumers to monitor and manage their coffee makers from a distance using mobile devices. Consumers may be attracted to fully automatic coffee machines with health-conscious features as health and wellness become more prominent.
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The design and production of fully autonomous coffee makers may focus more on sustainability as environmental consciousness grows. This could entail using energy-efficient parts, environmentally friendly materials, and initiatives to cut waste at every stage of the product lifetime. Manufacturers also look into ways to reduce the environmental impact of the coffee-brewing process, like encouraging the use of sustainably farmed coffee beans.
Key Findings of the Market Report
- The drip segment held a large share of the market in 2022.
- As of 2022, Europe dominated the market for fully automatic coffee machines.
- Based on Installation, the table top will likely create a market for fully automatic coffee machines.
- Commercial spaces will drive sales of the fully automatic coffee machine market.
- Online e-commerce websites are expected to drive demand for the fully automatic coffee machine market.
Global Fully Automatic Coffee Machine Market: Growth Drivers
- A rising number of customers are looking for specialty and high-quality coffee experiences at home, contributing to the expanding global trend towards premium coffee consumption.
- The convenience and consistency of automatic coffee makers enable users to enjoy barista-quality coffee without spending a lot of time preparing it. This trend is especially noticeable in cities, where the need for automated brewing solutions is fueled by people's hectic schedules and cravings for specialty coffee.
- Technological developments have been a major factor in the market growth of fully automatic coffee makers. To improve the user experience, manufacturers are introducing cutting-edge technologies like touchscreen interfaces, smart connections, and customization possibilities.
- These technical advancements satisfy the needs of coffee lovers who want individualized and effective brewing solutions and make the brewing process more user-friendly. The market for completely automatic coffee makers is growing due to the incorporation of innovative technology and clever features.
Global Fully Automatic Coffee Machine Market: Regional Landscape
- Europe is expected to dominate the fully automatic coffee machine market. Strong coffee traditions may be found in nations like France and Italy, demonstrating the profound appreciation for coffee across European culture.
- Many European cities are known for their fast-paced lifestyles, which leave customers little time for complex coffee preparations. In line with the local desire for time-saving options, fully automatic coffee makers provide an easy and quick way to enjoy great coffee at home.
- Fully automatic coffee makers make excellent alternatives for people who want to enhance their daily coffee rituals. They provide a high-end coffee experience without requiring them to visit cafés. Sustainability and environmental concerns are important factors in the European market.
- Many fully automatic coffee makers are made with eco-friendly materials and energy-saving features, which aligns with the European environmental consciousness trend. Producers are putting more effort into creating devices that use less energy and produce less trash, hoping to attract customers who value sustainability highly.
Global Fully Automatic Coffee Machine Market: Key Players
Players often invest large sums in acquiring businesses, product development, and expanding their markets. As a result, it is expected that over the next five years, the global market for fully automatic coffee machines will grow significantly. The following players have been profiled in the report by TMR:
- Breville Group
- BSH Home Appliances Group
- De'Longhi S.p.A
- Evoca S.p.A
- Franke Group
- Group SEB
- Illycafe S.p.A
- Jura Elektroapparate AG
- Rex-Royal AG
- The Melitta Group
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Key Developments
- In March 2023, De'Longhi, a leading provider of innovative products that combine style and performance, launched a branding campaign in Singapore to promote its leadership position in coffee machines and promote its leadership position in a variety of coffee machines in order to increase the adoption of fresh bean coffee in households.
- In January 2024, Groupe SEB seeks to increase its share of China's fully automatic professional coffee machine market by building a state-of-the-art hub in Shaoxing for €60m ($65m). A research and development center, purchasing offices, and manufacturing facilities are planned for the hub by 2025.
Global Fully Automatic Coffee Machine Market: Segmentation
By Type
- Drip
- Espresso
- Thermal
- Others (Capsule, Pod etc.)
By Maximum Cup Output
- Less than 50 cups per day
- 51 - 100 cups per day
- 100-200 cups per day
- 201 - 500 cups per day
- More than 500 cups per day
By Installation
- Table Top
- Floor Standing
By End Use
- Residential
- Commercial
- Quick-service Restaurants
- Cafeterias
- Fast Food Restaurants
- Others (Food Trucks, etc.)
- Full-service Restaurants
- Fine Dining Restaurants
- Casual Dining Restaurants
- Hotel and Club Foodservice
- Airports
- Offices
- Hospitals
- Others (Colleges, Railway Station, etc.)
By Distribution Channel
- Online
- E-commerce Websites
- Company-owned Website
- Offline
- Direct Sales
- Indirect Sales
By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
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