+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

North America Smart Home Appliances Market Size, Share & Industry Trends Analysis Report By Distribution Channel, By Product (Smart Washing Machines, Smart Air Purifiers, Smart Refrigerators, Smart TV), By Country and Growth Forecast, 2022 - 2028

  • PDF Icon

    Report

  • 93 Pages
  • July 2022
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5645432
The North America Smart Home Appliances Market is expected to witness market growth of 8.1% CAGR during the forecast period (2022-2028).

Nearly two-thirds of the energy used by buildings is from domestic appliances. Industrial appliances can consume a lot of energy. The integration of devices from many vendors or vertical industrial sectors is expected to allow for the development of intelligent, networked smart gadgets that will build integrated energy-consuming, energy-producing, and energy-management systems in the home and workplace. It is essential that all of these connected appliances be able to interact both with each other as well as with the service platforms.

Open interfaces are needed for this. The availability of a standardized solution and associated test suites is expected to be the fundamental facilitator of the Internet of Things, and interoperability is thus a crucial component in developing an IoT ecosystem. Heating, ventilation, and air conditioning systems, as well as storage systems, are examples of smart appliances. Combining appliances from several suppliers is necessary for such systems to be both technically and commercially viable, as well as broadly adopted.

The regional population's disposable income is rising rapidly. According to the Bureau of Energy Analysis, personal disposable income grew by 5.6% despite a 1.1% increase in income, primarily as a result of an increase in transfer payments. Transfer payments surged by 32.7% and by an additional 5.4% in 2021 owing to government stimulus funds provided during the pandemic. Consumer expenditure climbed by $32.7 billion, or 0.2%, while personal income increased by $113.4 billion, or 0.5%, per month in 2021.

The US market dominated the North America Smart Home Appliances Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $12,365.8 million by 2028.The Canada market is poised to grow at a CAGR of 10.6% during (2022 - 2028). Additionally, The Mexico market is expected to witness a CAGR of 9.6% during (2022 - 2028).

Based on Distribution Channel, the market is segmented into Offline and Online. Based on Product, the market is segmented into Smart Washing Machines, Smart Air Purifiers, Smart Refrigerators, Smart TV and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Panasonic Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Robert Bosch GmbH, LG Electronics, Inc. (LG Corporation), Whirlpool Corporation, Electrolux AB, Haier Smart Home Co., Ltd., Koninklijke Philips N.V., and Miele & Cie. KG.

Scope of the Study

Market Segments Covered in the Report:

By Distribution Channel

  • Offline
  • Online

By Product

  • Smart Washing Machines
  • Smart Air Purifiers
  • Smart Refrigerators
  • Smart TV
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Apple, Inc.
  • Panasonic Corporation
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Robert Bosch GmbH
  • LG Electronics, Inc. (LG Corporation)
  • Whirlpool Corporation
  • Electrolux AB
  • Haier Smart Home Co., Ltd.
  • Koninklijke Philips N.V.
  • Miele & Cie. KG

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Smart Home Appliances Market, by Distribution Channel
1.4.2 North America Smart Home Appliances Market, by Product
1.4.3 North America Smart Home Appliances Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Aug - 2022, Jul) Leading Players
Chapter 4. North America Smart Home Appliances Market by Distribution Channel
4.1 North America Offline Market by Country
4.2 North America Online Market by Country
Chapter 5. North America Smart Home Appliances Market by Product
5.1 North America Smart Washing Machines Market by Country
5.2 North America Smart Air Purifiers Market by Country
5.3 North America Smart Refrigerators Market by Country
5.4 North America Smart TV Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Smart Home Appliances Market by Country
6.1 US Smart Home Appliances Market
6.1.1 US Smart Home Appliances Market by Distribution Channel
6.1.2 US Smart Home Appliances Market by Product
6.2 Canada Smart Home Appliances Market
6.2.1 Canada Smart Home Appliances Market by Distribution Channel
6.2.2 Canada Smart Home Appliances Market by Product
6.3 Mexico Smart Home Appliances Market
6.3.1 Mexico Smart Home Appliances Market by Distribution Channel
6.3.2 Mexico Smart Home Appliances Market by Product
6.4 Rest of North America Smart Home Appliances Market
6.4.1 Rest of North America Smart Home Appliances Market by Distribution Channel
6.4.2 Rest of North America Smart Home Appliances Market by Product
Chapter 7. Company Profiles
7.1 Apple, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Panasonic Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Samsung Electronics Co., Ltd. (Samsung Group)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 Robert Bosch GmbH (BSH Home Appliances Corporation)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations and Agreements:
7.4.6 SWOT Analysis
7.5 LG Electronics, Inc. (LG Corporation)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional & Segmental Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Whirlpool Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 Haier Smart Home Co., Ltd. (Haier Group Corporation)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.8 Electrolux AB
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Partnerships, Collaborations, and Agreements:
7.8.2.2 Product Launches and Product Expansions:
7.9 Koninklijke Philips N.V.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Product Launches and Product Expansions:
7.10. Miele & Cie. KG
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Geographical Expansions:

Companies Mentioned

  • Apple, Inc.
  • Panasonic Corporation
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Robert Bosch GmbH
  • LG Electronics, Inc. (LG Corporation)
  • Whirlpool Corporation
  • Electrolux AB
  • Haier Smart Home Co., Ltd.
  • Koninklijke Philips N.V.
  • Miele & Cie. KG

Methodology

Loading
LOADING...