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Global Smart Connected Washing Machine Market 2016-2020

About the Smart Connected Washing Machine Market

Presently, the concept of smart connected washing machines is more of a value proposition from the technology and manufacturers' perspective. However, from the consumers' perspective, it is still to find applicability. Therefore, at this point, connectivity in a smart washing machine is more of a feature addition and not a technology that has high consumer demand. While one set of consumer finds operating it more complex, another set of consumers do not seek information overload. As such, smart connected washing machines are largely being used by early technology adopters during this growth phase of smart home appliances.

Technavio’s analysts forecast the Global Smart Connected Washing Machine Market to grow at a CAGR of 7.68% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the Global Smart Connected Washing Machine Market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of smart connected washing machines (that come as only washer units or as washer and dryer combined into one unit) to the residential consumer segment.

The market is divided into the following segments based on geography:

  • Americas
  • APAC and MEA
  • Europe
Technavio's report, Global Smart Connected Washing Machine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Whirlpool
  • LG Electronics
  • Robert Bosch
  • Samsung
  • GE Appliances
Market driver
  • Increased use of wireless connecting devices and the Internet of Things (IoT)
  • For a full, detailed list, view our report
Market challenge
  • High cost
  • For a full, detailed list, view our report
Market trend
  • Rapid technological advancement
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Connected Washing Machine Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Smart Connected Washing Machine Market: Whirlpool, LG Electronics, Robert Bosch, Samsung, and GE Appliances.

Commenting on the report, an analyst from Technavio’s team said: “An important trend which is bound to have a huge impact is rapid technological advancement. In today's fast moving and rapidly evolving lifestyles, the need for convenience is one of the most important factors that necessitates the development of products that can reduce manual labor. To cater to this growing demand for convenient products, marketers are focusing on the rapidly advancing technologies to develop smart appliances like smart connected washing machines. Samsung launched its AddWash front load washing machine in 2016, which provides an option of adding laundry in the middle of a wash cycle through an access door. Amazon introduced Dash Replenishment in 2015, a program that works with connected devices.”

According to the report, a key driver which will positively impact market growth is the increased use of wireless connecting devices and Internet of Things (IoT). The use of and dependence on devices that can be controlled remotely through wireless connection is increasing globally — a factor that is one of the key drivers for the market. Connectivity has become a necessity in today's day-to-day life, especially because it allows consumers to control essential tasks remotely. Wireless technologies are making interoperability between devices possible. Near field communication is used in a large number of smart washing machines to establish a connection between the washing machine and a smartphone to share data and allow users to operate the washing machine remotely.

Further, the report states that one challenge that could restrict market growth is the high cost of smart connected washing machines. "

Companies Mentioned

Whirlpool, LG Electronics, Robert Bosch, Samsung, GE Appliances.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Description
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Classification of global smart consumer appliance market
      • Table Product life cycle of smart appliances
    • Global smart connected washing machine market
      • Table Global s15mart connected washing machine market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Smart connected front load washer
    • Smart connected top load washer
      • Table Global smart connected washing machine by product segment 2015 (% revenue).
      • Table Global smart connected washing machine by product segment 2020 (% revenue)
  • Geographical segmentation
    • Global smart washing machine market by geography
      • Table Penetration rate of conventional washing machines by geography 2015
      • Table Washing machines by average price range
      • Table Top countries by Internet users per 100 people 2014
      • Table Global smartphone penetration rates 2015
      • Table Global smart connected washing machine market by geography 2015
      • Table Global smart connected washing machine market by geography 2020
    • Smart connected washing machine market in Americas
      • Table Smart connected washing machine market in Americas 2015-2020 ($ millions)
    • Smart connected washing machine market in Europe
      • Table Smart connected washing machine market in Europe 2015-2020 ($ millions)
    • Smart connected washing machine market in APAC and MEA
      • Table Smart connected washing machine market in APAC and MEA 2015-2020 ($millions)
  • Key leading countries
    • Table Key leading countries
    • US
      • Table Internet users per 100 people in US 2011-2014
      • Table GDP per capita 2010-2014 (current USD)
      • Table GDP growth 2010-2014 (annual %)
    • Germany
      • Table Germany: Population 2010-2014 (millions)
      • Table Germany: Urban population 2010-2014 (millions)
      • Table Germany: Urban population 2010-2014 (% of total)
      • Table Germany: GDP per capita 2010-2014 (current USD)
      • Table Germany: GDP growth 2010-2014 (annual %)
      • Table Internet users per 100 people in Germany 2011-2014
    • China
      • Table China: Population 2010-2014 (billions)
      • Table China: Urban population 2010-2014 (millions)
      • Table China: Urban population 2010-2014 (% of total)
      • Table China GDP per capita 2010-2014 (current USD)
      • Table China GDP growth 2010-2014 (annual %)
    • Japan
      • Table Japan: Population 2010-2014 (millions)
      • Table Japan: Urban population 2010-2014 (millions)
      • Table Japan: Urban population 2010-2014 (% of total)
      • Table Japan: GDP per capita 2010-2014 (current USD)
      • Table Japan: GDP growth 2010-2014 (annual %)
    • UK
      • Table Internet users per 100 people in UK
  • Market drivers
    • Increased use of wireless connecting devices and Internet of Things (IoT)
    • Need for energy-efficient washing machines
    • Demand for convenient products
    • Increased government support
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High cost
    • Security concerns
    • Lack of standardization
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Rapid technological advancement
    • Merger and acquisition
    • Increasing investments in R&D
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • Whirlpool
      • Table Whirlpool: Product segmentation
      • Table Whirlpool: Geographical segmentation 2015
      • Table Whirlpool in global smart connected washing machine market
    • LG Electronics
      • Table LG Electronics: Business segmentation by revenue 2014
      • Table LG Electronics: Geographical segmentation by revenue 2014
      • Table LG Electronics in global smart connected washing machine market
    • Robert Bosch
      • Table Robert Bosch: Business segmentation by revenue 2014
      • Table Robert Bosch: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Robert Bosch: Geographical segmentation by revenue 2014
    • Samsung
      • Table Samsung: Business segmentation by revenue 2014
      • Table Recent developments
    • GE Appliances
      • Table GE Appliances: Business segmentation by revenue 2015
      • Table GE Appliances: Geographical segmentation by revenue 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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