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Smart Appliances Market by Product (Home Appliances [Smart Washer, Smart Dryer, Smart Air Conditioner, Smart Lighting Devices, Smart Vacuum Cleaners, Smart Security Devices and Smart Water Heaters] and Kitchen Appliances [Smart Refrigerators, Smart Coffee Maker, Smart Kettle, Smart Dish Washers, Smart Oven, Smart Cooker, Others]) and by Technology (Wi-Fi, Bluetooth, and NFC): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024

Published Date: 04-Jul-2018 Category: Consumer Goods Report Format : PDF Pages: 110 Report Code: ZMR-858 Status : Published

Global smart appliances market expected to generate revenue of around USD 49.12 billion by end of 2024, growing at a CAGR of around 14.69% between 2018 and 2024. Smart appliances are conventional home appliances of next generation which are equipped with advanced features for receiving, processing, and transmitting information using laptops, smartphones, and tablets.

Description

The report covers forecast and analysis for the smart appliances market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the smart appliances market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the smart appliances market on a global level.

In order to give the users of this report a comprehensive view of the smart appliances market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product type and technology segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, the product portfolio of various companies according to the region.

Global Smart Appliances Market

The study provides a decisive view of the smart appliances market by segmenting the market based on product, technology, and regions. All the segments have been analyzed based on present and the future trends and the market is estimated from 2018 to 2024. Based on product, the market is segmented into smart home appliances and smart kitchen appliances. Based on technology, the market is segmented Wi-Fi, Bluetooth, and NFC. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further categorization into major countries. This segmentation includes demand for smart appliances market based on individual product and technology in all the regions and countries.

Some of the key players in smart appliances market include as Electrolux AB, General Electric Co., Koninklijke Philips N.V., BSH Hausgerate GmbH, LG Electronics, Inc., Miele & Cie. KG, Panasonic Corp., Qingdao Haier Co. Ltd., Samsung Electronics Co. Ltd., and Whirlpool Corp.

This report segments the global smart appliances market as follows:

Global Smart Appliances Market: Product Segment Analysis

  • Home Appliances
    • Smart Washer
    • Smart Dryer
    • Smart Air Conditioner
    • Smart Lighting Devices
    • Smart Vacuum Cleaners
    • Smart Security Devices
    • Smart Water Heaters
  • Kitchen Appliances
    • Smart Refrigerators
    • Smart Coffee Maker
    • Smart Kettle
    • Smart Dish Washers
    • Smart Oven
    • Smart Cooker
    • Others

Global Smart Appliances Market: Technology Segment Analysis

  • Wi-Fi
  • Bluetooth
  • NFC (Near Field Communication)

Global Smart Appliances Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global smart appliances market, 2017 - 2024 (USD Billion)
    • 2.2. Global smart appliances market: snapshot
  •  
  • Chapter 3. Smart Appliances Market- Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Global smart appliances market drivers: impact analysis
      • 3.2.2. Availability of wireless solutions
      • 3.2.3. Changing lifestyle and preferences of consumers
    • 3.3. Market Restraints
      • 3.3.1. Global smart appliances market restraints: impact analysis
      • 3.3.2. Privacy concerns among end users
    • 3.4. Opportunities
      • 3.4.1. Large-scale digitization
    • 3.5. Porter's five forces analysis
      • 3.5.1. Bargaining power of suppliers
      • 3.5.2. Bargaining power of buyers
      • 3.5.3. Threat from new entrants
      • 3.5.4. Threat from new substitutes
      • 3.5.5. Degree of competition
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis, by product segment
      • 3.6.2. Market attractiveness analysis, by technology segment
      • 3.6.3. Market attractiveness analysis, by regional segment
  •  
  • Chapter 4. Global Smart Appliances Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global smart appliances market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New therapy launch
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
    • 4.3. Price trend analysis
  •  
  • Chapter 5. Global Smart Appliances Market- Product Segment Analysis
    • 5.1. Global smart appliances market: product overview
      • 5.1.1. Global smart appliances market revenue share, by product, 2017 and 2024
    • 5.2. Smart Home Appliances
      • 5.2.1. Global smart appliances market for smart home appliances, 2017 - 2024 (USD Billion)
      • 5.2.2. Smart Washer
        • 5.2.2.1. Global smart appliances market for smart washer, 2017 - 2024 (USD Billion)
      • 5.2.3. Smart Dryer
        • 5.2.3.1. Global smart appliances market for smart dryer, 2017 - 2024 (USD Billion)
      • 5.2.4. Smart Air Conditioner
        • 5.2.4.1. Global smart appliances market for smart air conditioner, 2017 - 2024 (USD Billion)
      • 5.2.5. Smart Lighting Devices
        • 5.2.5.1. Global smart appliances market for smart lighting devices, 2017 - 2024 (USD Billion)
      • 5.2.6. Smart Vacuum Cleaner
        • 5.2.6.1. Global smart appliances market for smart vacuum cleaner, 2017 - 2024 (USD Billion)
      • 5.2.7. Smart Security Devices
        • 5.2.7.1. Global smart appliances market for smart security devices, 2017 - 2024 (USD Billion)
      • 5.2.8. Smart Water Heaters
        • 5.2.8.1. Global smart appliances market for smart water heaters, 2017 - 2024 (USD Billion)
    • 5.3. Smart Kitchen Appliances
      • 5.3.1. Global smart appliances market for smart kitchen appliances, 2017 - 2024 (USD Billion)
      • 5.3.2. Smart Refrigerators
        • 5.3.2.1. Global smart appliances market for smart refrigerators, 2017 - 2024 (USD Billion)
      • 5.3.3. Smart Coffee Maker
        • 5.3.3.1. Global smart appliances market for smart coffee maker, 2017 - 2024 (USD Billion)
      • 5.3.4. Smart Kettle
        • 5.3.4.1. Global smart appliances market for smart kettle, 2017 - 2024 (USD Billion)
      • 5.3.5. Smart Dish Washers
        • 5.3.5.1. Global smart appliances market for smart dish washers, 2017 - 2024 (USD Billion)
      • 5.3.6. Smart Oven
        • 5.3.6.1. Global smart appliances market for smart oven, 2017 - 2024 (USD Billion)
      • 5.3.7. Smart Cooker
        • 5.3.7.1. Global smart appliances market for smart cooker, 2017 - 2024 (USD Billion)
      • 5.3.8. Others
        • 5.3.8.1. Global smart appliances market for others, 2017 - 2024 (USD Billion)
  •  
  • Chapter 6. Global Smart Appliances Market- Technology Segment Analysis
    • 6.1. Global smart appliances market: technology overview
      • 6.1.1. Global smart appliances market revenue share, by technology, 2017 and 2024
    • 6.2. Wi-Fi
      • 6.2.1. Global smart appliances market for Wi-Fi, 2017 - 2024 (USD Billion)
    • 6.3. Bluetooth
      • 6.3.1. Global smart appliances market for Bluetooth, 2017 - 2024 (USD Billion)
    • 6.4. Near Field Communication
      • 6.4.1. Global smart appliances market for near filed communication, 2017 - 2024 (USD Billion)
  •  
  • Chapter 7. Global Smart Appliances Market- Regional Segment Analysis
    • 7.1. Global smart appliances market: regional overview
      • 7.1.1. Global smart appliances market revenue share, by region, 2017 and 2024
    • 7.2. North America
      • 7.2.1. North America smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
      • 7.2.2. North America smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.2.3. U.S.
        • 7.2.3.1. U.S. smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.2.3.2. U.S. smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.2.4. Canada
        • 7.2.4.1. Canada smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.2.4.2. Canada smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
    •  
    • 7.3. Europe
      • 7.3.1. Europe smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
      • 7.3.2. Europe smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.3.3. U.K.
        • 7.3.3.1. U.K. smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.3.3.2. U.K. smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.3.4. Germany
        • 7.3.4.1. Germany smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.3.4.2. Germany smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.3.5. France
        • 7.3.5.1. France smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.3.5.2. France smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.3.6. Rest of Europe
        • 7.3.6.1. Rest of Europe smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.3.6.2. Rest of Europe smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
      • 7.4.2. Asia Pacific smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.4.3. China
        • 7.4.3.1. China smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.4.3.2. China smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.4.4. Japan
        • 7.4.4.1. Japan smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.4.4.2. Japan smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.4.5. India
        • 7.4.5.1. India smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.4.5.2. India smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.4.6. Rest of Asia Pacific
        • 7.4.6.1. Rest of Asia Pacific smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.4.6.2. Rest of Asia Pacific smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
    • 7.5. Latin America
      • 7.5.1. Latin America smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
      • 7.5.2. Latin America smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.5.3.2. Brazil smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.5.4. Rest of Latin America
        • 7.5.4.1. Rest of Latin America smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.5.4.2. Rest of Latin America smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
    • 7.6. Middle East and Africa
      • 7.6.1. Middle East and Africa smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
      • 7.6.2. Middle East and Africa smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.6.3. Saudi Arabia
        • 7.6.3.1. Saudi Arabia smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.6.3.2. Saudi Arabia smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.6.4. UAE
        • 7.6.4.1. UAE smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.6.4.2. UAE smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.6.5. South Africa
        • 7.6.5.1. South Africa smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.6.5.2. South Africa smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
      • 7.6.6. Rest of Middle East and Africa
        • 7.6.6.1. Rest of Middle East and Africa smart appliances market revenue, by product, 2017 - 2024 (USD Billion)
        • 7.6.6.2. Rest of Middle East and Africa smart appliances market revenue, by technology, 2017 - 2024 (USD Billion)
  •  
  • Chapter 8. Company Profile
    • 8.1. Electrolux AB
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Therapy portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. General Electric Co.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Therapy portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Koninklijke Philips N.V.
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Therapy portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. BSH Hausgerate GmbH
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Therapy portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. LG Electronics, Inc.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Therapy portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 9.1. Miele & Cie. KG
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Therapy portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. Panasonic Corp.
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Therapy portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
    • 9.3. Qingdao Haier Co. Ltd.
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Therapy portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
    • 9.4. Samsung Electronics Co. Ltd.
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Therapy portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
    • 9.5. Whirlpool Corp.
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Therapy portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments

Methodology

Free Analysis

Smart appliances are the type of next-generation connected equipment that is designed in such a way which can be controlled with the command from the central system as well as it communicates to other appliances in the network. These connected devices allow the user to manage the appliances of home and kitchen from any place of the house, with the help of a mobile, computing devices, or some kind of network which connects the user to these devices.

According to the U.S. Energy Information Administration, the global energy demand will increase to nearly 38% by 2040. Increasing use of appliances in homes and kitchens has led to higher consumption of energy, thus, challenging the power companies to produce more amount of electricity. In such circumstances, acceptance of smart appliances increases, since they provide real-time communication so as to operate the device in lower frequencies or by shifting the operation time to off-peak periods. Thereby, smart appliances are offering innovative control features to service providers as well as consumers with enhanced security, efficiency, and convenience.

Based on the product, smart appliances market is segmented into smart home appliances and smart kitchen appliances. Smart home appliances are further categorized into smart washer; smart dryer; smart air conditioner; smart lighting devices; smart vacuum cleaners; smart security devices; and smart water heaters and smart kitchen appliances are further fragmented into smart refrigerators; smart coffee maker; smart kettle; smart dishwashers; smart oven; smart cooker; and others. Based on technology, the smart appliances market is segmented Wi-Fi, Bluetooth, and NFC.

Global Smart Appliances Market

North America is projected to hold a major share in the smart appliances market. This is attributed to the changing preferences of consumers and the growing number of smart grid projects together with the subsequent rise in the purchasing power of the consumers. Additionally, increasing government initiatives to adopt energy-efficient devices is another key factor driving the industry growth over the forecast period, due to changing lifestyles of people along with increasing awareness pertaining to the benefits of these devices. The Asia Pacific is also anticipated to grow at a considerable CAGR over the forecast period.

Some of the key players in smart appliances market include as Electrolux AB, General Electric Co., Koninklijke Philips N.V., BSH Hausgerate GmbH, LG Electronics, Inc., Miele & Cie. KG, Panasonic Corp., Qingdao Haier Co. Ltd., Samsung Electronics Co. Ltd., and Whirlpool Corp.

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