
Global Smart Appliances Market Size & Share to 2027
Description
Global Smart Appliances Market Size & Share to 2027
Global Smart Appliances Market Size, Trends & Growth Opportunity By Product (Home Appliances, Kitchen Appliances), Services (Professional Services, Managed Services), Technology (Wi-Fi, ZigBee, RFID, Bluetooth), Region and Forecast till 2027
Global Smart Appliances Market
The smart appliances are referred as the sophisticated version of conventional appliances which are operated through connected devices such as computer, or smartphone to provide more information and control. These appliances are developed and operated in such a way that it sends alerts and notifications the users to switch off, or switch on depending on their requirements. For example, the end user receives notification when the laundry is done, as well as the microwave oven notifies hen food is ready to be served.
Market Drivers
The rise in adoption of machine learning, and artificial intelligence enabled devices are expected to boost the growth of global smart appliances market growth. Furthermore, the rise in demand for smart appliances in residential, and commercial industries across the world is one of the key driving factors propelling the market growth during this forecast period. The market is anticipated to grow at a significant rate due to features such as intelligence sensors, connected security, convenience, and time saving. Shifting consumer trend toward advanced technology led products is fuelling the need for energy saving appliances will support the global smart appliances market growth. Moreover, availability of wireless solutions is expected to drive the global smart appliances market growth.
Market Restraints
High initial investment followed by a significant maintenance cost is the major restrain expected to hamper the global smart appliances market growth. Also, lack of awareness about smart appliances will limit the market growth during this forecast timeline.
Market Segmentation
The Global Smart Appliances Market is segmented into product such as Home Appliances, and Kitchen Appliances, by services such as Professional Services, and Managed Services. Further, market is segmented into technology such as Wi-Fi, ZigBee, RFID, and Bluetooth.
Also,the Global Smart Appliances Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Some key operating players are profiled in this report such as Electrolux AB, General Electric Co, Koninklijke Philips N.V, LG Electronics, Inc., BSH Hausgerate GmbH, Panasonic Corp, Miele & Cie, Samsung Electronics Co. Ltd, Qingdao Haier Co. Ltd, and Whirlpool Corp
Market Taxonomy
By Product
Global Smart Appliances Market Size, Trends & Growth Opportunity By Product (Home Appliances, Kitchen Appliances), Services (Professional Services, Managed Services), Technology (Wi-Fi, ZigBee, RFID, Bluetooth), Region and Forecast till 2027
Global Smart Appliances Market
The smart appliances are referred as the sophisticated version of conventional appliances which are operated through connected devices such as computer, or smartphone to provide more information and control. These appliances are developed and operated in such a way that it sends alerts and notifications the users to switch off, or switch on depending on their requirements. For example, the end user receives notification when the laundry is done, as well as the microwave oven notifies hen food is ready to be served.
Market Drivers
The rise in adoption of machine learning, and artificial intelligence enabled devices are expected to boost the growth of global smart appliances market growth. Furthermore, the rise in demand for smart appliances in residential, and commercial industries across the world is one of the key driving factors propelling the market growth during this forecast period. The market is anticipated to grow at a significant rate due to features such as intelligence sensors, connected security, convenience, and time saving. Shifting consumer trend toward advanced technology led products is fuelling the need for energy saving appliances will support the global smart appliances market growth. Moreover, availability of wireless solutions is expected to drive the global smart appliances market growth.
Market Restraints
High initial investment followed by a significant maintenance cost is the major restrain expected to hamper the global smart appliances market growth. Also, lack of awareness about smart appliances will limit the market growth during this forecast timeline.
Market Segmentation
The Global Smart Appliances Market is segmented into product such as Home Appliances, and Kitchen Appliances, by services such as Professional Services, and Managed Services. Further, market is segmented into technology such as Wi-Fi, ZigBee, RFID, and Bluetooth.
Also,the Global Smart Appliances Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Some key operating players are profiled in this report such as Electrolux AB, General Electric Co, Koninklijke Philips N.V, LG Electronics, Inc., BSH Hausgerate GmbH, Panasonic Corp, Miele & Cie, Samsung Electronics Co. Ltd, Qingdao Haier Co. Ltd, and Whirlpool Corp
Market Taxonomy
By Product
- Home Appliances
- Kitchen Appliances
- Professional Services
- Managed Services
- Wi-Fi
- ZigBee
- RFID
- Bluetooth
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- What are the Key Opportunities in Global Smart Appliances Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Table of Contents
179 Pages
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Smart Appliances Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Smart Appliances Market, By Product
- 5.1 Y-o-Y Growth Comparison, By Product
- 5.2 Global Smart Appliances Market Share Analysis, By Product
- 5.3 Global Smart Appliances Market Size and Forecast, By Product
- 5.3.1 Home Appliances
- 5.3.2 Kitchen Appliances
- 6 Global Smart Appliances Market, By Services
- 6.1 Y-o-Y Growth Comparison, By Services
- 6.2 Global Smart Appliances Market Share Analysis, By Services
- 6.3 Global Smart Appliances Market Size and Forecast, By Services
- 6.3.1 Professional Services,
- 6.3.2 Managed Services
- 7 Global Smart Appliances Market, By Technology
- 7.1 Y-o-Y Growth Comparison, By Technology
- 7.2 Global Smart Appliances Market Share Analysis, By Technology
- 7.3 Global Smart Appliances Market Size and Forecast, By Technology
- 7.3.1 Wi-Fi
- 7.3.2. ZigBee
- 7.3.3. RFID
- 7.3.4. Bluetooth
- 8 Global Smart Appliances Market, By Region
- 8.1 Global Smart Appliances Market Share Analysis, By Region
- 8.2 Global Smart Appliances Market Share Analysis, By Region
- 8.3 Global Smart Appliances Market Size and Forecast, By Region
- 9 North America Smart Appliances Market Analysis and Forecast (2020-2027)
- 9.1 Introduction
- 9.2 North America Smart Appliances Market Share Analysis, By Product
- 9.3 North America Smart Appliances Market Size and Forecast, By Services
- 9.4 North America Smart Appliances Market Size and Forecast, By Technology
- 9.5 North America Smart Appliances Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.2 Canada
- 9.5.3 Mexico
- 10 EuropeSmart Appliances Market Analysis and Forecast (2020-2027)
- 10.1 Introduction
- 10.2 Europe Smart Appliances Market Share Analysis, By Product
- 10.3 Europe Smart Appliances Market Size and Forecast, By Services
- 10.4 Europe Smart Appliances Market Size and Forecast, By Technology
- 10.5 Europe Smart Appliances Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.2 France
- 10.5.3 UK
- 10.5.4 Rest of Europe
- 11 Asia Pacific Smart Appliances Market Analysis and Forecast (2020-2027)
- 11.1 Introduction
- 11.2 Asia Pacific Smart Appliances Market Share Analysis, By Product
- 11.3 Asia Pacific Smart Appliances Market Size and Forecast, By Services
- 11.4 Asia Pacific Smart Appliances Market Size and Forecast, By Technology
- 11.5 Asia Pacific Smart Appliances Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.2 Japan
- 11.5.3 India
- 11.5.4 Rest of Asia Pacific
- 12 Latin America Smart Appliances Market Analysis and Forecast (2020-2027)
- 12.1 Introduction
- 12.2 Latin America Smart Appliances Market Share Analysis, By Product
- 12.3 Latin America Smart Appliances Market Size and Forecast, By Services
- 12.4 Latin America Smart Appliances Market Size and Forecast, By Technology
- 12.5 Latin America Smart Appliances Market Size and Forecast, Country
- 13 Middle East Smart Appliances Market Analysis and Forecast (2020-2027)
- 13.1 Introduction
- 13.2 Middle East Smart Appliances Market Share Analysis, By Product
- 13.3 Middle East Smart Appliances Market Size and Forecast, By Services
- 13.4 Middle East Smart Appliances Market Size and Forecast, By Technology
- 13.5 Middle East Smart Appliances Market Size and Forecast, By Country
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1 Electrolux AB
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2. General Electric Co
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3. Koninklijke Philips N.V
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 BSH Hausgerate GmbH
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 LG Electronics, Inc.,
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 Miele & Cie
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Panasonic Corp
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Qingdao Haier Co. Ltd
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Samsung Electronics Co. Ltd
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 Whirlpool Corp
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
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