Smart Technology is Shaping the Future of Home Appliances in India, 2020

Smart Technology is Shaping the Future of Home Appliances in India, 2020

Smart appliances are appliances connected to the Internet or to the Bluetooth and are controlled or monitored through remote commands using a smartphone, tablet, or any other device. With more than 500 million smartphone users in India, mobile connectivity and availability of easy-to-install applications are drivers for the growth of smart appliances. IoT being a game changer, has a growing penetration in home appliances. Prices of smart home appliances are on the higher end; demand is driven by high net worth individuals, the affluent, and the millennials.

This research service on smart home appliances in India offers the most up-to-date market data on the actual market situation by product categories (smart television, smart air conditioner, smart refrigerator, smart washing machine, smart air purifier, smart water purifier, and smart water heater). It covers the market landscape and its growth prospects for the coming years. It also includes a discussion of the key companies operating in this market.

The research includes market data from FY2020 to FY2025 which gives the future outlook for the smart home appliances market in India and makes the study an invaluable resource for industry executives, marketing, sales, and product managers, analysts, and others looking for key industry data in readily accessible and clearly presented tables and graphs.

The study also provides analysis of data related to the smart home appliances market from the 4 regions of India: North, South, East, and West.

Increasing number of globetrotting high net-worth individuals (HNIs) and their growing demand for convenience and ease are spurring the demand for smart home appliances, increase in dependence on mobile applications, and acceptance of new technologies in the market, together contributing to the growing demand for smart home appliances in India.

Digitalization is a demand catalyst for products with connectivity. The Digital India campaign launched by the government aims to make India digitally empowered by increasing Internet connectivity and speed. High-speed Internet encourages the purchase of products with connectivity, as it allays the fear of loss of control or other safety fears. Similarly, automation technologies are increasingly impacting homes. The increase in adoption of smart services will provide growth opportunities for the home automation market.

The cumulative market revenue for smart home appliances market is expected to grow at a CAGR of 21.6% from FY2020 to FY2025. Catering to the needs of commercial end users and forging strategic partnerships with premium real estate developers are major growth opportunities for companies in the market. eCommerce sales have boosted the consumer electronics market to a large extent.

RESEARCH SCOPE

Geographic Coverage: India
Market Type: Smart Home Appliances
Study Period: FY2020–FY2025
Base Year: FY2020
Forecast Period: FY2021–FY2025
Geographic Scope: North, South, East and West
Products Covered: Smart Television, Smart Air Conditioner, Smart Refrigerator, Smart Washing Machine, Smart Water Purifier, Smart Water Heater, and Smart Air Purifier

KEY ISSUES ADDRESSED

How is the market for smart home appliances expected to grow in the future and at what rate?
What are the various types of smart home appliances? What are the industry and competitive structures like?
Which product types have potential as targets that could bring sustainable growth?
What are the various channel routes operational in this market?
What are the key market trends and technology trends?
What are the growth opportunities for companies?


  • Strategic Imperatives
    • Why Is It Increasingly Difficult to Grow?
    • The Strategic Imperative 8™
    • The Impact of the Top Three Strategic Imperative 8™ on the Smart Home Appliances Industry
    • Growth Opportunities Fuel the Growth Pipeline Engine™
  • Executive Summary, Smart Home Appliances Market
    • Key Findings, Smart Home Appliances Market
  • Growth Opportunity Analysis, Smart Home Appliances Market
    • Smart Home Appliances Market Scope of Analysis
    • Smart Home Appliances Market Segmentation
    • Key Competitors for Smart Home Appliances Market
    • Key Growth Metrics for Smart Home Appliances Market
    • Distribution Channels for Smart Home Appliances Market
    • Growth Drivers for Smart Home Appliances Market
    • Growth Driver Analysis for Smart Home Appliances Market
      • Table Smart Home Appliances: HNIs Geographical
      • Table Premium Housing Projects by City, India, FY2019
      • Table Per Capita Income by Top-5 States, India, FY2019
    • Growth Restraints for Smart Home Appliances Market
    • Growth Restraints Analysis for Smart Home Appliances Market
    • Forecast Assumptions, Smart Home Appliances Market
    • Revenue and Unit Shipment Forecast, Smart Home Appliances Market
      • Table Smart Home Appliances: Revenue and Unit Shipment Forecast, India, FY2020–FY2025
    • Revenue and Unit Shipment Forecast Discussion, Smart Home Appliances Market
      • Table Smart Home Appliances: Customs Duty of Consumer Electronics, India, FY2020
    • Revenue Forecast by Product, Smart Home Appliances Market
      • Table Smart Home Appliances: Revenue Forecast by Product, India, FY2020–FY2025
    • Revenue Forecast by Product Discussion, Smart Home Appliances Market
      • Table Smart Home Appliances: Contribution of Smart Appliances in the Overall Market, India, FY2020
    • Revenue Forecast by Region, Smart Home Appliances Market
      • Table Smart Home Appliances: Revenue Forecast by Region, India, FY2020–FY2025
    • Revenue Forecast by Region Discussion, Smart Home Appliances Market
    • Revenue Forecast by Distribution Channel, Smart Home Appliances Market
      • Table Smart Home Appliances: Revenue Forecast by Distribution Channel, India, FY2020–FY2025
    • Revenue Forecast by Distribution Channel Discussion, Smart Home Appliances Market
    • Pricing Trends Discussion, Smart Home Appliances Market
    • Competitive Environment, Smart Home Appliances Market
    • Market Share by Product, Smart Home Appliances Market
    • Market Share, Smart Home Appliances Market
    • Market Share Analysis, Smart Home Appliances Market
    • Product Presence of Top Competitors, Smart Home Appliances Market
    • SWOT Analysis of Top Competitors, Smart Home Appliances Market
  • Growth Opportunity Analysis, Smart Television
    • Key Growth Metrics, Smart Television
    • Key Findings, Smart Television
    • Revenue and Unit Shipment Forecast, Smart Television
      • Table Smart Television: Revenue and Unit Shipment Forecast, India, FY2020–FY2025
    • Market Share Discussion, Smart Television
  • Growth Opportunity Analysis, Smart Air Conditioner
    • Key Growth Metrics, Smart Air Conditioner
    • Key Findings, Smart Air Conditioner
    • Revenue and Unit Shipment Forecast, Smart Air Conditioner
      • Table Smart Air Conditioner: Revenue and Unit Shipment Forecast, India, FY2020–FY2025
    • Market Share Discussion, Smart Air Conditioner
  • Growth Opportunity Analysis, Smart Refrigerator
    • Key Growth Metrics, Smart Refrigerator
    • Key Findings, Smart Refrigerator
    • Revenue and Unit Shipment Forecast, Smart Refrigerator
      • Table Smart Refrigerator: Revenue and Unit Shipment Forecast, India, FY2020–FY2025
    • Market Share Discussion, Smart Refrigerator
  • Growth Opportunity Analysis, Smart Washing Machine
    • Key Growth Metrics, Smart Washing Machine
    • Key Findings, Smart Washing Machine
    • Revenue and Unit Shipment Forecast, Smart Washing Machine
      • Table Smart Washing Machine: Revenue and Unit Shipment Forecast, India, FY2020–FY2025
    • Market Share Discussion, Smart Washing Machine
  • Growth Opportunity Analysis, Smart Water Purifier
    • Key Growth Metrics, Smart Water Purifier
    • Key Findings, Smart Water Purifier
    • Revenue and Unit Shipment Forecast, Smart Water Purifier
      • Table Smart Water Purifier: Revenue and Unit Shipment Forecast, India, FY2020–FY2025
    • Market Share Discussion, Smart Water Purifier
  • Growth Opportunity Analysis, Smart Water Heater
    • Key Growth Metrics, Smart Water Heater
    • Key Findings, Smart Water Heater
    • Revenue and Unit Shipment Forecast, Smart Water Heater
      • Table Smart Water Heater: Revenue and Unit Shipment Forecast, India, FY2020–FY2025
    • Market Share Discussion, Smart Water Heater
  • Growth Opportunity Analysis, Smart Air Purifier
    • Key Growth Metrics, Smart Air Purifier
    • Key Findings, Smart Air Purifier
    • Revenue and Unit Shipment Forecast, Smart Air Purifier
      • Table Smart Air Purifier: Revenue and Unit Shipment Forecast, India, FY2020–FY2025
    • Market Share Discussion, Smart Air Purifier
  • Mega Trends, Smart Home Appliances Market
    • Mega Trend Impact on the Smart Home Appliances Market
    • Mega Trend Discussion
  • Growth Opportunity Universe, Smart Home Appliances Market
    • Growth Opportunity 1—Strategic Partnerships between Participants for Smart Home Appliances, 2020
    • Growth Opportunity 2—Seamless Interoperability of Devices for Smart Home Appliances, 2020
    • Growth Opportunity 3—Mining Customer Insights for Smart Home Appliances, 2020
    • Growth Opportunity 4—Exploring Omnichannel Strategy for Smart Home Appliances, 2020
    • Strategic Imperatives for Success and Growth, Smart Home Appliances Market
  • Appendix—List Of Companies In Smart Home Applainces Market In India
    • List of Players Present in Smart Home Appliances Market
  • Next Steps
    • Your Next Steps
    • Why Frost, Why Now?

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