Global smart home appliances market is projected to show a robust growth with an impressive CAGR in the forecast period, 2023-2027. The market growth can be attributed to surge in the demand for appliances that are technologically advanced and can be operated with easy user interface. Moreover, developed countries like United States, Canada is rapidly developing infrastructure that are incorporated with smart appliances, thus are often called as smart homes.

The market is rapidly growing in the larger economies on the backbone of advanced living, smarter technology incorporation and increasing home renovation projects. This is anticipated to strengthen the global smart home appliances market in the future five years. Also, the rapid development in the IT infrastructure and wireless communication has enabled the development of the smart appliances thereby satisfying the customer demands and therefore supporting the growth of the global smart home appliances market in the future five years.

Smart home appliances are technologically advanced home appliances that has integrated with user interface that often performs its functions in an efficient and provides an advanced consumer experience. These appliances may include, smart television, smart air conditioning systems, smart security systems, etc. These appliances are often connected via Wi fi, bluetooth, or through voice control system.

The global smart home appliances market is segmented by product, distribution channel, competitional landscape, and regional distribution. Based on product the market is further bifurcated into washing machine, refrigerators, television, air conditioner, vacuum cleaners, and others. Smart washing machines segment is anticipated to hold the largest market share and assert its dominance over the market in the upcoming five years.

Moreover, the surge in demand for the technologically advanced home appliances that are efficient in functioning along with the convenient user interface that can be operated vis connected smartphone app is anticipated to drive the market growth. Smart air purifiers and smart air conditioners are expected to register the fastest growth in the upcoming five years. The demand for these products is increasing due to consumer concerns over polluted air and demand for the conditioned cool air for indoor environments. Technologically advanced smart air conditions often come with the technology that filters out the microbes and germs from the air and only provides healthy and cool air inside the premises and thus the surge in demand can be experienced.

Holding the largest shares of the market, a partial list of the market players includes Samsung Electronics Co., Ltd., BSH Hausgeräte GmbH, General Electric Company, Whirlpool Corporation, LG Electronics Inc., Panasonic Corporation, Haier Group Corporation, Electrolux AB, Breville Group Limited, Voltas Limited, among others. Market players are actively involved in the research and development of the technologically advanced products that satisfies the consumer demands and ever changing competition among the players.

The competitive landscape often is involved in the manufacturing and supply of multiple smart home appliances and the brand name popular in the market might create a tough spot and difficult point of entry for the new market players. Strategic recommendation may instigate partnerships or acquisitions among the market players and the new players.

Objective of the Study:

  • To analyze the historical growth in the market size of global smart home appliances market from 2017 to 2020.
  • To estimate and forecast the market size of global smart home appliances market from 2021 to 2027 and growth rate until 2027. 
  • To classify and forecast global smart home appliances market based on product, distribution channel, regional distribution, and competitional landscape.
  • To identify dominant region or segment in the global smart home appliances market.
  • To identify drivers and challenges for global smart home appliances market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global smart home appliances market.
  • To identify and analyze the profile of leading players operating in global smart home appliances market.
  • To identify key sustainable strategies adopted by market players in global smart home appliances market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, distributors, and manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global smart home appliances market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Manufacturers, end users, manufacturers and other stakeholders
  • Distributers and suppliers of products and other stakeholders
  • Organizations, forums, and alliances related to smart home appliances market  
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

  • Product
  • Distribution Channel

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa

Key Companies Profiled

Samsung Electronics Co., Ltd., BSH Hausgeräte GmbH, General Electric Company, Whirlpool Corporation, LG Electronics Inc., Panasonic Corporation, Haier Group Corporation, Electrolux AB, Breville Group Limited, Voltas Limited.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global smart home appliances market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Smart Home Appliances Market, By Product:
    • Washing Machine
    • Refrigerators
    • Television
    • Air Conditioner
    • Vacuum Cleaners
    • Others
  • Global Smart Home Appliances Market, By Distribution Channel:
    • Online
    • Multi Branded Electronic Stores
    • Supermarket/ Hypermarket
    • Others
  • Global Smart Home Appliances Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global smart home appliances market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five). 

Global Smart Home Appliances Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Smart Home Appliances Market

4.    Voice of Customer

5.    Executive Summary

6.    Global Smart Home Appliances Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product (Washing Machine, Refrigerators, Television, Air Conditioner, Vacuum Cleaners, Others)

6.2.2.     By Distribution Channel (Online, Multi Branded Electronic Stores, Supermarket/Hypermarket, Others)

6.2.3.     By Company (2021)

6.2.4.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Smart Home Appliances Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product

7.2.2.     By Distribution Channel

7.2.3.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Smart Home Appliances Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Product

7.3.1.2.2.             By Distribution Channel

7.3.2.     India Smart Home Appliances Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Product

7.3.2.2.2.             By Distribution Channel

7.3.3.     South Korea Smart Home Appliances Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Product

7.3.3.2.2.             By Distribution Channel

7.3.4.     Japan Smart Home Appliances Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Product

7.3.4.2.2.             By Distribution Channel

7.3.5.     Australia Smart Home Appliances Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Product

7.3.5.2.2.             By Distribution Channel

8.    Europe Smart Home Appliances Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product

8.2.2.     By Distribution Channel

8.2.3.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Smart Home Appliances Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Product

8.3.1.2.2.             By Distribution Channel

8.3.2.     Germany Smart Home Appliances Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Product

8.3.2.2.2.             By Distribution Channel

8.3.3.     United Kingdom Smart Home Appliances Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Product

8.3.3.2.2.             By Distribution Channel

8.3.4.     Italy Smart Home Appliances Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Product

8.3.4.2.2.             By Distribution Channel

8.3.5.     Spain Smart Home Appliances Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Product

8.3.5.2.2.             By Distribution Channel

9.    North America Smart Home Appliances Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Product

9.2.2.     By Distribution Channel

9.2.3.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Smart Home Appliances Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Product

9.3.1.2.2.             By Distribution Channel

9.3.2.     Mexico Smart Home Appliances Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Product

9.3.2.2.2.             By Distribution Channel

9.3.3.     Canada Smart Home Appliances Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Product

9.3.3.2.2.             By Distribution Channel

10.  South America Smart Home Appliances Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Product

10.2.2.  By Distribution Channel

10.2.3.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Smart Home Appliances Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Product

10.3.1.2.2.           By Distribution Channel

10.3.2.  Argentina Smart Home Appliances Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Product

10.3.2.2.2.           By Distribution Channel

10.3.3.  Colombia Smart Home Appliances Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Product

10.3.3.2.2.           By Distribution Channel

11.  Middle East and Africa Smart Home Appliances Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Product

11.2.2.  By Distribution Channel

11.2.3.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Smart Home Appliances Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Product

11.3.1.2.2.           By Distribution Channel

11.3.2.  Saudi Arabia Smart Home Appliances Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Product

11.3.2.2.2.           By Distribution Channel

11.3.3.  UAE Smart Home Appliances Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Product

11.3.3.2.2.           By Distribution Channel

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Samsung Electronics Co., Ltd.

14.2.              BSH Hausgeräte GmbH

14.3.              General Electric Company

14.4.              Whirlpool Corporation

14.5.              LG Electronics Inc.

14.6.              Panasonic Corporation

14.7.              Haier Group Corporation

14.8.              Electrolux AB

14.9.              Breville Group Limited

14.10.            Voltas Limited

15.  Strategic Recommendations

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