Saudi Arabia Smart Home Appliances Market Grow with a CAGR of 27.10% through 2030F
The Saudi Arabia Smart Home Appliances market is driven by increasing
urbanization, rising disposable incomes, growing tech adoption, government
smart city initiatives, and consumer demand for convenience.
According to
TechSci Research report, “Saudi Arabia Smart Home Appliances Market – By
Region, Competition, Forecast & Opportunities, 2030F”, the Saudi Arabia Smart Home Appliances
market stood at USD 2,031.41 Million in 2024 and is anticipated to grow USD 8,565.89
Million by 2030 with a CAGR 27.10% during forecast period. The Saudi Arabia Smart
Home Appliances market is driven by increasing adoption of AI-powered home
automation. Artificial intelligence enables appliances to learn user
preferences, optimize energy consumption, and provide personalized experiences,
enhancing convenience and efficiency for homeowners. With AI integration,
devices like smart thermostats, lighting systems, and security cameras can
operate autonomously, improving comfort and safety. The Kingdom’s tech-savvy
population and government support for digital innovation under Vision 2030
accelerate this trend. Also, AI-powered automation reduces manual intervention,
saving time and energy costs, which appeals to busy urban households. As AI
technology becomes more accessible and affordable, consumer confidence in smart
home solutions grows, fueling demand for intelligent appliances across Saudi
Arabia and driving market expansion.
The Saudi Arabia
Smart Home Appliances market is primarily driven by growing
demand for remote home monitoring system. As urbanization accelerates and
lifestyles become busier, homeowners seek solutions that offer enhanced
security and convenience. Remote monitoring systems, encompassing smart
cameras, doorbell cameras, motion sensors, and integrated security platforms,
enable users to oversee their properties in real-time via smartphones or
computers. This capability not only provides peace of mind but also allows for
proactive responses to potential security threats. Also, the integration of
these systems with other smart home devices, such as lighting and HVAC systems,
facilitates comprehensive automation and energy management. The increasing
consumer preference for safety, coupled with advancements in IoT and AI technologies,
is propelling the adoption of remote monitoring solutions across the Kingdom.
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"Saudi Arabia Smart Home Appliances Market”
The Saudi Arabia
Smart Home Appliances market is segmented into product, distribution channel,
and region.
Based on the product,
the air conditioner segment is the fastest growing in the Saudi Arabia Smart
Home Appliances market, driven by the country’s extreme climate, rapid
urbanization, and increasing demand for energy-efficient solutions.
Temperatures often exceed 45°C during summer months, making air conditioning
essential for comfort and productivity. In 2024, over 1.8 million air
conditioning units were sold in the residential sector alone. The rise of smart
technologies has further accelerated this growth, with consumers seeking
features like remote control via smartphone apps, integration with smart home
ecosystems, and energy-saving capabilities. In 2024, over 300,000 smart air
conditioners were sold, reflecting a growing preference for connected and
efficient cooling solutions. Government initiatives promoting energy efficiency
and the adoption of eco-friendly refrigerants have also contributed to the
expansion of the air conditioner market in Saudi Arabia.
Based on the
region, Eastern is the fastest-growing region in the Saudi Arabia Smart Home
Appliances market, driven by several key factors. The region's significant
population, including both Saudi nationals and expatriates, is fueling demand
for modern home solutions. Cities like Dammam and Khobar are witnessing rapid
urbanization, leading to an increased need for residential and commercial
appliances. The government's Vision 2030 initiatives, focusing on economic
diversification and infrastructure development, are further boosting the
market. Also, the region's growing emphasis on energy efficiency and
sustainability aligns with the adoption of smart, eco-friendly appliances. The
expansion of retail and e-commerce platforms is enhancing product
accessibility, making smart appliances more available to a broader consumer
base. Collectively, these factors position the Eastern region as a pivotal area
for the growth of Saudi Arabia's smart home appliances market.
Major companies
operating in the Saudi Arabia Smart Home Appliances market are:
- Haier
Inc
- LG Electronics Inc
- Samsung Electronics Co., Ltd
- Arçelik A.Ş.
- Robert Bosch GmbH
- Koninklijke Philips N.V.
- Motorola Mobility LLC
- Midea Group
- Dreame
- Matic Robots Inc
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“The Saudi
Arabia Smart Home Appliances market is expected to grow in the future owing to
the rising awareness of smart energy management solutions. As energy costs
continue to rise and environmental concerns grow, consumers are increasingly
seeking appliances that optimize energy consumption without compromising
performance. Smart energy management systems enable users to monitor and
control their energy use remotely through connected devices, leading to
significant cost savings and reduced carbon footprints. The Saudi government’s
focus on sustainability and energy efficiency under Vision 2030 further
promotes the adoption of these technologies. Also, advancements in IoT and AI
enhance the functionality of smart appliances, making energy management more
intuitive and effective. This growing consumer awareness and government support
are accelerating the demand for smart, energy-efficient home appliances across
the Kingdom, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
"Saudi Arabia Smart Home
Appliances Market By Product (Washing Machine, Refrigerators, Television,
Air Conditioner, Vacuum Cleaners, Others), By Distribution Channel (Online, Multi
Branded Electronic Stores, Supermarket/Hypermarket, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Saudi
Arabia Smart Home Appliances market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in the Saudi Arabia
Smart Home Appliances market.
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