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The smart home appliances market is forecasted to grow by USD 75.8 billion during 2023-2028, accelerating at a CAGR of 21.08% during the forecast period. The report on the smart home appliances market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by product innovation in terms of technology, performance, features, and design, periodic revisions in energy efficiency standards, and growing adoption of wireless connecting devices and IoT.
The smart home appliances market is segmented as below:
By Product
- Smart washing machines and dryers
- Smart air conditioners
- Smart refrigerators
- Smart microwave ovens
- Smart dishwashers
By Distribution Channel
- Offline
- Online
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the smart home appliances market covers the following areas:
- Smart home appliances market sizing
- Smart home appliances market forecast
- Smart home appliances market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global smart home appliances market: Electrolux AB, Apple Inc., BSH Hausgerate GmbH, General Electric Co., Godrej Appliances, Haier Smart Home Co. Ltd., Koninklijke Philips N.V., LG Electronics Inc., MIDEA Group Co. Ltd., Miele and Cie. KG, Mitsubishi Electric Corp., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp., Videocon Industries Ltd., Whirlpool Corp., and Xiaomi Communications Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is the introduction of additional features in smart home appliances."
According to the report, one of the major drivers for this market is product innovation in terms of technology, performance, features, and design.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Electrolux AB
- Apple Inc.
- BSH Hausgerate GmbH
- General Electric Co.
- Godrej Appliances
- Haier Smart Home Co. Ltd.
- Koninklijke Philips N.V.
- LG Electronics Inc.
- MIDEA Group Co. Ltd.
- Miele and Cie. KG
- Mitsubishi Electric Corp.
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Sharp Corp.
- Videocon Industries Ltd.
- Whirlpool Corp.
- Xiaomi Communications Co. Ltd.
