Global Smart Home Appliances Industry to 2027

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Dublin, July 27, 2022 (GLOBE NEWSWIRE) — The “Global Smart Home Appliances Market, By Product (Washing Machines, Refrigerators, Television, Air Conditioner, Vacuum Cleaners, Others), By Distribution Channel, By Region, Competition Forecast and Opportunities, 2027” report has been added to from ResearchAndMarkets.com offer.

The global smart home appliances market is expected to witness an impressive CAGR during the forecast period 2023-2027. Factors such as increase in construction of smart homes in developing and developed countries and increase in spending on home improvement products are mainly driving the demand for the global smart home appliances market.

An increase in investments by public and private players to advance the IT infrastructure and wireless communication network in their respective countries is expected to positively influence the demand for the global smart home appliances market. Improving living standards and demand for luxury goods such as air conditioners, washing machines and others are also expected to fuel the market growth during the forecast period.

Modern home appliances equipped with user interfaces that often perform their jobs well and provide state-of-the-art user experiences are called smart devices. Such equipment may include smart air conditioners, smart security systems, smart TVs, etc. These devices are often linked together using Bluetooth, Wi-Fi or voice recognition technology.

The global smart home appliances market is segmented into product, distribution channel, competitive landscape and regional distribution. Based on the product, the market is divided into washing machine, refrigerators, television, air conditioner, vacuum cleaners and others. The smart washing machine segment is expected to capture the highest market share during the forecast period 2023-2027. The market is predicted to grow owing to the rise in demand for technologically advanced, efficient home appliances with a convenient user interface that can be operated through a connected smartphone app.

Major market players operating in the global smart home appliances market are Samsung Electronics Co., Ltd., BSH Hausgerate GmbH, General Electric Company, Whirlpool Corporation, LG Electronics Inc., Panasonic Corporation, Haier Group Corporation, Electrolux AB, Breville Group Limited. , Voltas Limited, among others.

Years considered for this report:

Goal of the study:

  • To analyze the historical growth of the global smart home appliances market size from 2017 to 2021

  • Estimate and forecast the global Smart Home Appliances market size from 2022E to 2027F and the growth rate till 2027F

  • Classify and forecast the global Smart Home Appliances Market based on product, distribution channel, regional distribution, and competitive landscape.

  • To identify the dominant region or segment in the global smart home appliances market

  • Identify drivers and challenges in the global smart home appliances market

  • Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the global smart home appliances market

  • To identify and analyze the profile of key players operating in the global Smart Home Appliances Market

  • Identify the key sustainable strategies adopted by market players in the global smart home appliances market

Main topics covered:

1. Product introduction

2. Research methodology

3. Executive Summary

4. Voice of the customer

5. Impact of COVID-19 on the global smart home appliances market

6. Global Smart Home Appliances Market Outlook
6.1. Market size and forecast
6.1.1. By value
6.2. Market share and forecasts
6.2.1. By product (washing machines, refrigerators, television, air conditioner, vacuum cleaners, others)
6.2.2. By distribution channel (online, multi-brand electronics stores, supermarket/hypermarket, others)
6.2.3. By company (2021)
6.2.4. By region
6.3. Commodity Market Map

7. Asia-Pacific Smart Home Appliances Market Outlook

8. Europe Smart Home Appliances Market Outlook

9. North America Smart Home Appliances Market Outlook

10. South America Smart Home Appliances Market Outlook

11. Middle East & Africa Smart Home Appliances Market Outlook

12. Market dynamics
12.1. Drivers
12.2. Challenges

13. Market trends and developments

14. Competitive Landscape
14.1. Samsung Electronics Co., Ltd.
14.2. BSH Hausgerate GmbH
14.3. General electricity company
14.4. Whirlpool Corporation
14.5. LG Electronics Inc.
14.6. Panasonic Company
14.7. Haier Group Company
14.8. Electrolux AB
14.9. Breville Group Limited
14.10. Voltas Limited

15. Strategic Recommendations

For more information on this report, visit https://www.researchandmarkets.com/r/vmr2c1

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