The global smart appliances market is expected to grow at a CAGR of 12.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for convenience and efficiency in household chores, growing awareness about the benefits of smart appliances, and technological advancements in the industry.
Smart kitchen appliances are expected to be one of the fastest-growing segments in this market during the forecast period. This segment is projected to grow at a CAGR of 16% from 2021 to 2030 due to increasing demand for convenience and efficiency in household chores. Smart laundry appliances are also projected to grow at a high rate during this time frame due to their ability to reduce manual labor required for laundry tasks such as sorting clothes or washing clothes by hand.
5a) Smart Appliances Market Growth Factors: Increasing Demand For Smart Appliances - As people become more aware of how much time they spend on cooking food, they are looking for ways to make it easier on themselves by using smarter technology that can help them cook faster and better without compromising quality or taste; this has led many people into buying smarter kitchenware such as microwaves with pre-programmed settings that allow them to cook food faster than ever before without having any prior knowledge about how microwaves work; this has led many people into buying smarter kitchenware such as microwaves with pre-programmed settings that allow them to cook food faster than ever before without having any prior knowledge about how microwaves work; this has led many people into buying smarter kitchenware such as microwaves with pre-programmed settings that allow them to cook food faster than ever before without having any prior knowledge about how microwaves work; this has led many people into buying smarter kitchenware such as microwaves with pre-programmed settings that allow them to cook food faster than ever before without having any prior knowledge about how microwave works.
Some Of The Growth Factors Of This Market:
- The growth in the market is driven by the increasing demand for smart appliances, which are more efficient and have better features than traditional ones.
- Smart appliances are also being used as a means to improve customer experience and increase customer loyalty, which will drive the market growth in the future.
- The increasing penetration of smartphones and tablets will also drive the growth of this market as these devices can be used to control smart appliances remotely from anywhere in the world with an internet connection, thus making it easier for customers to use their devices while cooking or doing other tasks around their home or office space without having to worry about forgetting something on stove or oven that could cause a fire hazard if left unattended for too long.
Industry Growth Insights published a new data on “Smart Appliances Market”. The research report is titled “Smart Appliances Market research by Types (Smart Kitchen Appliances, Smart Laundry Appliances, Other), By Applications (Specialty Retailers, Department Stores, Hypermarkets and Supermarkets, Online Stores), By Players/Companies Samsung, BSH, GE, Whirlpool, LG, Electrolux, Panasonic, Miele & Cie, Philips, IRobot, Ecovacs, Neato, Haier, Midea, Hisense”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Appliances Market Research Report
By Type
Smart Kitchen Appliances, Smart Laundry Appliances, Other
By Application
Specialty Retailers, Department Stores, Hypermarkets and Supermarkets, Online Stores
By Companies
Samsung, BSH, GE, Whirlpool, LG, Electrolux, Panasonic, Miele & Cie, Philips, IRobot, Ecovacs, Neato, Haier, 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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Smart Appliances Market Report Segments:
The global Smart Appliances market is segmented on the basis of:
Types
Smart Kitchen Appliances, Smart Laundry Appliances, 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
Specialty Retailers, Department Stores, Hypermarkets and Supermarkets, Online Stores
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
- GE
- Whirlpool
- LG
- Electrolux
- Panasonic
- Miele & Cie
- Philips
- IRobot
- Ecovacs
- Neato
- Haier
- Midea
- Hisense
Highlights of The Smart Appliances 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 Kitchen Appliances
- Smart Laundry Appliances
- Other
- By Application:
- Specialty Retailers
- Department Stores
- Hypermarkets and Supermarkets
- Online Stores
- 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 Appliances 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.
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- 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 appliances are devices that have been designed to connect with the internet and other devices, allowing users to control them remotely. They can include things like smart TVs, home security systems, and thermostats.
Some of the major players in the smart appliances market are Samsung, BSH, GE, Whirlpool, LG, Electrolux, Panasonic, Miele & Cie, Philips, IRobot, Ecovacs, Neato, Haier, Midea, Hisense.
The smart appliances market is expected to register a CAGR of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Appliances Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart Appliances Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart Appliances Market - Supply Chain
4.5. Global Smart Appliances Market Forecast
4.5.1. Smart Appliances Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Appliances Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart Appliances Market Absolute $ Opportunity
5. Global Smart Appliances Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart Appliances Market Size and Volume Forecast by Type
5.3.1. Smart Kitchen Appliances
5.3.2. Smart Laundry Appliances
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart Appliances Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart Appliances Market Size and Volume Forecast by Application
6.3.1. Specialty Retailers
6.3.2. Department Stores
6.3.3. Hypermarkets and Supermarkets
6.3.4. Online Stores
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart Appliances Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart Appliances Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart Appliances Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart Appliances Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart Appliances Demand Share Forecast, 2019-2026
9. North America Smart Appliances Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart Appliances Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart Appliances Market Size and Volume Forecast by Application
9.4.1. Specialty Retailers
9.4.2. Department Stores
9.4.3. Hypermarkets and Supermarkets
9.4.4. Online Stores
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart Appliances Market Size and Volume Forecast by Type
9.7.1. Smart Kitchen Appliances
9.7.2. Smart Laundry Appliances
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart Appliances Demand Share Forecast, 2019-2026
10. Latin America Smart Appliances Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart Appliances Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart Appliances Market Size and Volume Forecast by Application
10.4.1. Specialty Retailers
10.4.2. Department Stores
10.4.3. Hypermarkets and Supermarkets
10.4.4. Online Stores
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart Appliances Market Size and Volume Forecast by Type
10.7.1. Smart Kitchen Appliances
10.7.2. Smart Laundry Appliances
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart Appliances Demand Share Forecast, 2019-2026
11. Europe Smart Appliances Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart Appliances Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart Appliances Market Size and Volume Forecast by Application
11.4.1. Specialty Retailers
11.4.2. Department Stores
11.4.3. Hypermarkets and Supermarkets
11.4.4. Online Stores
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart Appliances Market Size and Volume Forecast by Type
11.7.1. Smart Kitchen Appliances
11.7.2. Smart Laundry Appliances
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart Appliances Demand Share, 2019-2026
12. Asia Pacific Smart Appliances Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart Appliances Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart Appliances Market Size and Volume Forecast by Application
12.4.1. Specialty Retailers
12.4.2. Department Stores
12.4.3. Hypermarkets and Supermarkets
12.4.4. Online Stores
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart Appliances Market Size and Volume Forecast by Type
12.7.1. Smart Kitchen Appliances
12.7.2. Smart Laundry Appliances
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart Appliances Demand Share, 2019-2026
13. Middle East & Africa Smart Appliances Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart Appliances Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart Appliances Market Size and Volume Forecast by Application
13.4.1. Specialty Retailers
13.4.2. Department Stores
13.4.3. Hypermarkets and Supermarkets
13.4.4. Online Stores
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart Appliances Market Size and Volume Forecast by Type
13.7.1. Smart Kitchen Appliances
13.7.2. Smart Laundry Appliances
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart Appliances Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart Appliances Market: Market Share Analysis
14.2. Smart Appliances Distributors and Customers
14.3. Smart Appliances Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Samsung
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BSH
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Whirlpool
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Electrolux
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Panasonic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Miele & Cie
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Philips
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IRobot
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ecovacs
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Neato
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Haier
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Midea
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hisense
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
