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Global Smart Home Appliances Market 2018-2022

Global Smart Home Appliances Market 2018-2022

About Smart Home Appliances

A smart home appliance can be connected to the user's smartphone, tablet, or computer. Smart home appliances send alerts to users once an activity is completed. Users can control such home appliances from remote locations. Smart home appliances are considered as energy-efficient devices.

Technavio’s analysts forecast the global smart home appliances market to grow at a CAGR of 50.24% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart home appliances market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart Home Appliances Market 2018-2022, 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
  • Electrolux
  • Haier
  • LG Electronics
  • Samsung Electronics
  • Whirlpool
Market driver
  • Product innovation in terms of technology, performance, features, and design
  • For a full, detailed list, view our report
Market challenge
  • High cost of smart home appliances
  • For a full, detailed list, view our report
Market trend
  • Introduction of additional features in smart home appliances
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Home Appliances Market 2018-2022

Technavio recognizes the following companies as the key players in the global smart home appliances market: Electrolux, Haier, LG Electronics, Samsung Electronics, and Whirlpool.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is introduction of additional features in smart home appliances. Connectivity alone cannot compel consumers to opt for smart home appliances. Customers want additional features to support the connectivity function. As the availability of ample space is a major issue for most consumers living in compact homes, players are now trying to come up with appliances that have the connectivity feature, as well as sleek designs and other attractive features.”

According to the report, one driver in the market is product innovation in terms of technology, performance, features, and design. Vendors that offer home appliances are currently focusing on continuous technological innovations in the field of electronics to add more value to home appliances and to enhance their functionality. The concept of controlling home appliances through the Internet and smartphones has attracted considerable consumer attention in recent times.

Further, the report states that one challenge in the market is high cost of smart home appliances. The high cost of smart home appliances is hindering the growth of the global smart home appliances market. Owing to this high-cost factor, it becomes difficult for manufacturers to convince consumers to upgrade their regular home appliances with the smart connected variety.

Companies Mentioned

Electrolux
Haier
LG Electronics
Samsung Electronics
Whirlpool

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global smart home appliances market - Market size and forecast 2017-2022 ($ bn)
      • Table Global smart home appliances market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by distribution channel
    • Segmentation by distribution channel
      • Table Global smart home appliances market by distribution channel - Market share 2017-2022
      • Table Segmentation by distribution channel 2017-2022 ($ bn)
      • Table Offline distribution channel segmentation 2017 (% share of revenue)
  • Market segmentation by product
    • Segmentation by product
      • Table Price analysis of smart home appliances
      • Table Global smart home appliances market by product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Global smart washing machines and dryers market - Market size and forecast 2017-2022
      • Table Global smart washing machines and dryers market - Market size and forecast 2017-2022 ($ bn)
      • Table Global smart washing machines and dryers market - Year-over-year growth 2018-2022 (%)
      • Table Global smart washing machines and dryers market 2017-2022 ($ bn)
    • Global smart air conditioners market - Market size and forecast 2017-2022
      • Table Global smart air conditioners market - Market size and forecast 2017-2022 ($ bn)
      • Table Global smart air conditioners market - Year-over-year growth 2018-2022 (%)
    • Global smart refrigerators market - Market size and forecast 2017-2022
      • Table Global smart refrigerators market - Market size and forecast 2017-2022 ($ bn)
      • Table Global smart refrigerators market - Year-over-year growth 2018-2022 (%)
    • Global smart microwave ovens market - Market size and forecast 2017-2022
      • Table Global smart ovens market - Market size and forecast 2017-2022 ($ bn)
      • Table Global smart ovens market - Year-over-year growth 2018-2022 (%)
    • Global smart dishwashers market - Market size and forecast 2017-2022
      • Table Global smart dishwashers market - Market size and forecast 2017-2022 ($ bn)
      • Table Global smart dishwashers market - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Number of people who use the Internet 2014-2016 (% of population)
      • Table Global smart home appliances market - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Smart home appliances market in Americas - Market size and forecast 2017-2022
      • Table Smart home appliances market in Americas - Market size and forecast 2017-2022 ($ bn)
      • Table Smart home appliances market in Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • Smart home appliances market in EMEA - Market size and forecast 2017-2022
      • Table Smart home appliances market in EMEA - Market size and forecast 2017-2022 ($ bn)
      • Table Smart home appliances market in EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • Smart home appliances market in APAC - Market size and forecast 2017-2022
      • Table Smart home appliances market in APAC - Market size and forecast 2017-2022 ($ bn)
      • Table Smart home appliances market in APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Introduction of additional features in smart home appliances
    • Partnerships with other companies
    • Increasing M&A activities
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Electrolux
      • Table Vendor overview
      • Table Electrolux - Business segments
      • Table Electrolux - Organizational developments
      • Table Electrolux - Geographic focus
      • Table Electrolux - Segment focus
      • Table Electrolux - Key offerings
    • Haier
      • Table Vendor overview
      • Table Haier - Business segments
      • Table Haier - Organizational developments
      • Table Haier - Geographic focus
      • Table Haier - Segment focus
      • Table Haier - Key offerings
    • LG Electronics
      • Table Vendor overview
      • Table LG Electronics - Business segments
      • Table LG Electronics - Organizational developments
      • Table LG Electronics - Geographic focus
      • Table LG Electronics - Segment focus
      • Table LG Electronics - Key offerings
    • Samsung Electronics
      • Table Vendor overview
      • Table Samsung Electronics - Business segments
      • Table Samsung Electronics - Organizational developments
      • Table Samsung Electronics - Geographic focus
      • Table Samsung Electronics - Segment focus
      • Table Samsung Electronics - Key offerings
    • Whirlpool
      • Table Vendor overview
      • Table Whirlpool - Business segments
      • Table Whirlpool - Organizational developments
      • Table Whirlpool - Geographic focus
      • Table Whirlpool - Segment focus
      • Table Whirlpool - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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