Market Overview:
The global smart connected white-goods market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart appliances, owing to their features such as energy efficiency, remote monitoring and control, and connectivity with other devices. In addition, the growing trend of home automation is also contributing to the growth of this market. The global smart connected white-goods market can be segmented on the basis of type into smart fridges,smart large cookers,smart dishwashers,smart vaccum cleaners and other types. The demand for these products is highest in North America followed by Europe and Asia Pacific region respectively. On the basis of application cooking dominates the global market while food storage comes second in terms of revenue share generated by different applications globally .Cleaning comes third while house maintenance occupies fourth place in terms of revenue generated from different applications globally .
Product Definition:
Smart Connected White-goods are appliances that can be controlled and monitored remotely using a mobile app or web portal. They typically include features like scheduling, remote start/stop, energy usage tracking, and diagnostics. Smart Connected White-goods are important because they can help homeowners save money on their energy bills, make their home more comfortable, and improve their overall quality of life.
Smart Fridges:
Smart fridges are connected to the home network and can be controlled and monitored from any mobile or computerized device. Smart Fridges have advanced sensors that monitor food quality, humidity, temperature as well as other factors. The data obtained from these sensors is then transmitted via wireless technology to the user’s device for their perusal.
Smart Large Cookers:
Smart large cookers are a new type of application that is developed to address the issues associated with smart connected white goods. These cookers can be integrated into white goods such as fridges, freezers and washing machines using Bluetooth Low Energy (BLE). The integration of these devices into these appliances allows users to control them remotely using smartphones or tablets.
Application Insights:
The cooking application segment led the global smart connected white-goods market in 2017. The growth of this segment can be attributed to increasing adoption of smart devices in the kitchen, which has resulted in improved cooking experience for consumers. Moreover, manufacturers are focusing on developing innovative products with enhanced features and functionality that will drive product demand further. For instance, Samsung introduced a new large capacity microwave oven with built-in AI technology that will help cooks prepare better food by automatically adjusting power levels and frequencies according to nutritional values found in different foods.
The cleaning application segment is expected to register significant growth over the forecast period owing to rising consumer awareness about cleanliness and hygiene coupled with an increased focus on home maintenance activities by manufacturers as part of their continuous efforts towards enhancing user experience across all applications associated with white goods products globally.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing penetration of smart connected white-goods in China and India. In 2016, China accounted for a share of more than 30% in terms of global sales, followed by North America with 26%. The Asia Pacific region is projected to register a CAGR exceeding 16% from 2018 to 2030.
The European market was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period owing rising adoption by consumers across countries such as Germany and France. Moreover, growing awareness regarding energy conservation among consumers has resulted into increased demand for smart connected dishwashers that help save water consumption while washing dishes or clothes; thereby boosting industry growth across this region.
Growth Factors:
- Increased demand for smart, connected white goods as a result of the growing trend of home automation and the Internet of Things (IoT).
- Proliferation of affordable, accessible internet-connected devices that make it easy to control white goods remotely.
- Growing consumer awareness and interest in the benefits of smart, connected appliances – including energy savings, convenience and peace of mind.
- Increasing demand for customized or personalized appliances that can be tailored to meet specific needs or preferences.
- Advances in technology that make it easier and more cost-effective to connect white goods to the internet, resulting in increased uptake among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Connected White-goods Market Research Report
By Type
Smart Fridges, Smart Large Cookers, Smart Dishwashers, Smart Vaccum Cleaners, Other
By Application
Cooking, Food Storage, Cleaning, House Maintenance
By Companies
Samsung, BSH, Haier, Whirlpool, LG, Electrolux, Panasonic, Miele & Cie, Philips, iRobot, Samsung, Neato, Midea, Hisense
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Smart Connected White-goods Market Report Segments:
The global Smart Connected White-goods market is segmented on the basis of:
Types
Smart Fridges, Smart Large Cookers, Smart Dishwashers, Smart Vaccum Cleaners, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cooking, Food Storage, Cleaning, House Maintenance
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung
- BSH
- Haier
- Whirlpool
- LG
- Electrolux
- Panasonic
- Miele & Cie
- Philips
- iRobot
- Samsung
- Neato
- Midea
- Hisense
Highlights of The Smart Connected White-goods Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Smart Fridges
- Smart Large Cookers
- Smart Dishwashers
- Smart Vaccum Cleaners
- Other
- By Application:
- Cooking
- Food Storage
- Cleaning
- House Maintenance
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Connected White-goods Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart Connected White-goods is a category of white-goods that are connected to the internet and can be controlled remotely. These products may include appliances such as refrigerators, ovens, and washers and dryers. They may also include home security systems, thermostats, and other smart home devices.
Some of the major players in the smart connected white-goods market are Samsung, BSH, Haier, Whirlpool, LG, Electrolux, Panasonic, Miele & Cie, Philips, iRobot, Samsung, Neato, Midea, Hisense.
The smart connected white-goods market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Connected White-goods Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Connected White-goods Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Connected White-goods Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Connected White-goods Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Connected White-goods Market Size & Forecast, 2018-2028
4.5.1 Smart Connected White-goods Market Size and Y-o-Y Growth
4.5.2 Smart Connected White-goods Market Absolute $ Opportunity
Chapter 5 Global Smart Connected White-goods Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Smart Connected White-goods Market Size Forecast by Type
5.2.1 Smart Fridges
5.2.2 Smart Large Cookers
5.2.3 Smart Dishwashers
5.2.4 Smart Vaccum Cleaners
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Smart Connected White-goods Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Smart Connected White-goods Market Size Forecast by Applications
6.2.1 Cooking
6.2.2 Food Storage
6.2.3 Cleaning
6.2.4 House Maintenance
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Connected White-goods Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Connected White-goods Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Smart Connected White-goods Analysis and Forecast
9.1 Introduction
9.2 North America Smart Connected White-goods Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Smart Connected White-goods Market Size Forecast by Type
9.6.1 Smart Fridges
9.6.2 Smart Large Cookers
9.6.3 Smart Dishwashers
9.6.4 Smart Vaccum Cleaners
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Smart Connected White-goods Market Size Forecast by Applications
9.10.1 Cooking
9.10.2 Food Storage
9.10.3 Cleaning
9.10.4 House Maintenance
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Smart Connected White-goods Analysis and Forecast
10.1 Introduction
10.2 Europe Smart Connected White-goods Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Smart Connected White-goods Market Size Forecast by Type
10.6.1 Smart Fridges
10.6.2 Smart Large Cookers
10.6.3 Smart Dishwashers
10.6.4 Smart Vaccum Cleaners
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Smart Connected White-goods Market Size Forecast by Applications
10.10.1 Cooking
10.10.2 Food Storage
10.10.3 Cleaning
10.10.4 House Maintenance
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Smart Connected White-goods Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smart Connected White-goods Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Smart Connected White-goods Market Size Forecast by Type
11.6.1 Smart Fridges
11.6.2 Smart Large Cookers
11.6.3 Smart Dishwashers
11.6.4 Smart Vaccum Cleaners
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Smart Connected White-goods Market Size Forecast by Applications
11.10.1 Cooking
11.10.2 Food Storage
11.10.3 Cleaning
11.10.4 House Maintenance
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Smart Connected White-goods Analysis and Forecast
12.1 Introduction
12.2 Latin America Smart Connected White-goods Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Smart Connected White-goods Market Size Forecast by Type
12.6.1 Smart Fridges
12.6.2 Smart Large Cookers
12.6.3 Smart Dishwashers
12.6.4 Smart Vaccum Cleaners
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Smart Connected White-goods Market Size Forecast by Applications
12.10.1 Cooking
12.10.2 Food Storage
12.10.3 Cleaning
12.10.4 House Maintenance
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Smart Connected White-goods Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smart Connected White-goods Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Smart Connected White-goods Market Size Forecast by Type
13.6.1 Smart Fridges
13.6.2 Smart Large Cookers
13.6.3 Smart Dishwashers
13.6.4 Smart Vaccum Cleaners
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Smart Connected White-goods Market Size Forecast by Applications
13.10.1 Cooking
13.10.2 Food Storage
13.10.3 Cleaning
13.10.4 House Maintenance
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Connected White-goods Market: Competitive Dashboard
14.2 Global Smart Connected White-goods Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung
14.3.2 BSH
14.3.3 Haier
14.3.4 Whirlpool
14.3.5 LG
14.3.6 Electrolux
14.3.7 Panasonic
14.3.8 Miele & Cie
14.3.9 Philips
14.3.10 iRobot
14.3.11 Samsung
14.3.12 Neato
14.3.13 Midea
14.3.14 Hisense
