Smart Appliances Market Research Report: by Component (Product & Services), Product (Dishwasher, Washing Machine, Air Conditioner, Refrigerator, Security Devices, Lighting Devices), Technology (Wi-Fi, Zigbee) and by End-user - Forecast till 2027
Smart Appliances Market Size, Share and Research Analysis
Smart Appliances Market - Overview
A smart appliance is a technologically enabled device that connects to smartphone, tablets or computers and gives the more access in terms of more information and more control. Smart Appliances are able to communicate with the network grid and can send their user alerts such as when the cookies are ready, or the laundry is cleaned. The smart appliances also send notifications to their users regarding any malfunction or any error such as dropping water pressure, or the door of the refrigerator is left opened. These feature helps the users to make their appliance more convenient and reduce the energy cost associated with it.
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Another feature of smart appliance is remote control. Smart Appliances can be controlled from any place by use of smartphone and internet. These feature is one of the major factor which is creating huge impact on the demand for the smart appliances around the world. Smart integration technology can also help the appliances to keep it in good conduction and push reminder to their users regarding the scheduled maintenance. Technological advancement is also allowing the smart appliances to generate the energy reports helping the user to keep track of the cost and energy. Increasing per capita income of the people and growing knowledge about the benefits offered by the smart appliances are some of the major driving factor of the market around the globe.
The key players in the Smart Appliances Market are- Samsung (South Korea), Panasonic Corp. (Japan), Whirlpool Corp. (U.S.), Haier Co. Ltd. (China), Electrolux AB (Sweden), BSH Hausgerate GmbH (Germany), LG Inc. (South Korea), General Electric Co. (U.S.), Miele & Cie. KG (Germany), Philips N.V. (Netherlands), Groupe SEB (France) among others.
Smart Appliances Global Market - Segmentation
- Segmentation by Technology: Wi-Fi, ZigBee, Z-Wave, Bluetooth, and NFC.
- Segmentation by Deployment: On cloud and on Premise.
- Segmentation by Type: Major Domestic Appliances (Washer, Refrigerator, Dryer, Dishwasher, Air conditioner & Freezer) & Small Domestic Appliances (Food Processors, Toasters, Coffee Makers among others)
Smart Appliances Global Market - Regional Analysis
North America is dominating the market of smart appliances. Presence of global players in U.S. and high per capita income of the American people is one of the major driving factor of the market in North America region. Also, technological advancement and high investment in R&D by the core companies is also playing major role in the market growth. In North America, U.S. is dominating the market accounting for more than 60% of the market. Developed economy and growing demand for the advance appliances is driving the market in the U.S. Asia-Pacific region has emerged as fastest growing market for smart appliances. Growth of Asian countries such as India and China and increasing per capita income and expenditure towards the home appliances are some of the major factor driving the market.
Latest Industry News
Legrand, a leading global specialist in electrical and network infrastructure solutions, has introduced the latest in smart lighting from the radiant® Collection. 6 NOV 2018
UK Government is set to introduce new regulations for smart energy appliances. The new rules will be based on the principle of interoperability, consumer protection, cybersecurity, data privacy, and grid stability. 22 OCT 2018
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TABLE OF CONTENTS
LIST OF FIGURES
FIGURE 1 Global Smart Appliances Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Smart Appliances Market
FIGURE 4 Value Chain Of Global Smart Appliances Market
FIGURE 5 Share Of Global Smart Appliances Market In 2017, By Country (In %)
FIGURE 6 Global Smart Appliances Market, 2017-2027,
FIGURE 7 Sub Segments Of Component
FIGURE 8 Global Smart Appliances Market Size By Component , 2017
FIGURE 8 Share Of Global Smart Appliances Market By Component , 2017 TO 2027
FIGURE 9 Global Smart Appliances Market Size By Technology , 2017
FIGURE 10 Share Of Global Smart Appliances Market By Technology , 2017 TO 2027
FIGURE 11 Global Smart Appliances Market Size By Industry, 2017
FIGURE 12 Share Of Global Smart Appliances Market By Industry, 2017 TO 2027
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