Global Smart Appliances Market 2016-2020

SKU ID : TNV-IRTNTR10671 10288406

Publishing Date : 26-Oct-2016

No. of pages : 75


  • About Smart Appliances

    The global household appliances market is experiencing steady growth with the growing middle-class economy, improved disposable income levels in a number of countries, increase in labor costs, busier lifestyles, and the availability of a range of home appliances at competitive prices. With increasing digitalization, consumers have become tech-savvy and have strong knowledge regarding the use and benefits of all modern appliances. Also, the influence of social media on the Gen Y and the millennial population is further encouraging them to purchase appliances that can provide convenience and comfort.

    Technavio’s analysts forecast the global smart appliances market to grow at a CAGR of 23.48% during the period 2016-2020.

    Covered in this report
    The report covers the present scenario and the growth prospects of the global smart appliances market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of smart appliances worldwide.

    The market is divided into the following segments based on geography:
    • APAC
    • Europe
    • MEA
    • North America

    Technavio's report, Global Smart Appliances 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
    • Electrolux
    • Haier
    • LG
    • Samsung
    • Whirlpool

    Other prominent vendors
    • Dacor
    • Friedrich
    • Midea
    • Mitsubishi Electric
    • Panasonic
    • Robert Bosch
    • Videocon
    • Voltas

    Market driver
    • Increased convenience and functional value of easily communicating with appliances remotely driving market
    • For a full, detailed list, view our report

    Market challenge
    • Lack of technological exposure and awareness hindering mass adoption of smart connected appliances
    • For a full, detailed list, view our report

    Market trend
    • Connectivity and other attractive features in smart connected appliances
    • 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?

    You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

    Frequently Asked Questions

    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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