Wine Coolers Market are electronic consumer goods/appliances that are used for cooling/lowering the temperature of wine. They are used for storage, refrigeration and preservation purposes of wine inside bottles. These wine coolers provide the correct temperature and humidity as per the requirement of wines. They cannot be used for cooling down other beverages as wines are cooled to a certain extent.
Global wine coolers market is expected to rise to an estimated value of USD 3479.90 million by 2026, registering a CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing consumption of alcoholic beverages especially wine from the large-scale millennial population globally.
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Competitive Analysis: Global Wine Coolers Market
Few of the major competitors currently working in the global wine coolers market are Climadiff S.A.; U-Line; VRBON; BSH Home Appliances Group; WHYNTER LLC; LG Electronics; Allavino; Avanti Products; Electrolux; Marvel Refrigeration; Coltech; VIKING RANGE, LLC; KAFF; Carrier Midea India; INVENTOR CONCEPT SRL; EuroCave SAS; Haier Inc.; Vinotemp; Perlick Corporation; NewAir and NewAir.com; Eurodib; Magic Chef; Whirlpool; Danby; Sunpentown Inc. and Shenzhen Sicao Electric Co., Ltd among others.
Key Pointers Covered in the Global Wine Coolers Market Trends and Forecast to 2026
- Global Wine Coolers Market New Sales Volumes
- Global Wine Coolers Market Replacement Sales Volumes
- Global Wine Coolers Market Installed Base
- Global Wine Coolers Market By Brands
- Global Wine Coolers Market Size
- Global Wine Coolers Market Procedure Volumes
- Global Wine Coolers Market Product Price Analysis
- Global Wine Coolers Market Healthcare Outcomes
- Global Wine Coolers Market Cost of Care Analysis
- Global Wine Coolers Market Regulatory Framework and Changes
- Global Wine Coolers Market Prices and Reimbursement Analysis
- Global Wine Coolers Market Shares in Different Regions
- Recent Developments for Global Wine Coolers Market Competitors
- Global Wine Coolers Market Upcoming Applications
- Global Wine Coolers Market Innovators Study
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Key Developments in the Market:
- In May 2019, Vinotemp announced the extension of their wine storage solution, with the commercial launch of “Vinotemp Wine Vault”, with the product offering capacity of 30 wine racks as well as customized cooling and humidity controlling. This launch is evidence of the company’s strategy to constantly innovate and provide highly customized wine storage solutions
- In September 2018, LG Electronics announced that they had expanded their “LG SIGNATURE” range of consumer goods, with the launch of a fridge, dryer and wine fridge at the “2018 Internationale Funkausstellung (IFA)” held in Berlin, Germany from 31st August – 5th September, 2018. The products included in the range offer a wide range of innovative designing equipped with the latest technology
Scope of the Wine Coolers Market
- Global Wine Coolers Market By Bottle Capacity (Less than 10, 10-30, 31-50, 51-300, Above 300), Installation Type (Freestanding, Countertop, Built-In), Temperature Zones (Triple Zones, Double Zones, Single Zones, Others), End-User (Residential, Commercial), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
- Global wine coolers market is expected to rise to an estimated value of USD 3479.90 million by 2026, registering a CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing consumption of alcoholic beverages especially wine from the large-scale millennial population globally.
- Wine coolers are electronic consumer goods/appliances that are used for cooling/lowering the temperature of wine. They are used for storage, refrigeration and preservation purposes of wine inside bottles. These wine coolers provide the correct temperature and humidity as per the requirement of wines. They cannot be used for cooling down other beverages as wines are cooled to a certain extent.
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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Key Pointers Covered in the Global Bot Service Market Trends and Forecast to 2026Global Bot Service Market New Sales VolumesGlobal Bot Service Market Replacement Sales VolumesGlobal Bot Service Market Installed BaseGlobal Bot Service Market By BrandsGlobal Bot Service Market SizeGlobal Bot Service Market Procedure VolumesGlobal Bot Service Market Product Price AnalysisGlobal Bot Service Market Healthcare OutcomesGlobal Bot Service Market Cost of Care AnalysisGlobal Bot Service Market Regulatory Framework and ChangesGlobal Bot Service Market Prices and Reimbursement AnalysisGlobal Bot Service Market Shares in Different RegionsRecent Developments for Global Bot Service Market CompetitorsGlobal Bot Service Market Upcoming ApplicationsGlobal Bot Service Market Innovators StudyGet Detailed TOC:https://www.databridgemarketresearch.com/toc/?dbmr=global-bot-service-marketKey Developments in the Market:In August 2018, HubSpot launched “Conversations”, which is a free platform of Bots, Live Chat, and Team Email to push the fast growing business.In December 2017, A chat Bot has been launched on facebook messenger by the luxury brand Louis Vuitton which has been powered by mode.aiMarket Drivers:Rise in the number of social media users & their engagement on internet across the globe.Rapid technological development within artificial intelligence industry & machine learning drives the demand for this particular market.Market Restraints:The process for deployment of the bots platform is highly dependent which restraints the market.Lack of awareness & knowledge about the bot service is hampering the growth of the market.
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