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Smart home appliances are devices or machines which can be controlled by tablets or smartphones remotely. Statistics covered in this report includes Smart Air-Con and Heater, Smart Washing and Drying, Smart Fridges, Smart Large Cookers, Smart Dishwashers and others.
Market Analysis and Insights: Global Smart Home Appliances Market
Due to the COVID-19 pandemic, the global Smart Home Appliances market size is estimated to be worth US$ 27680 million in 2022 and is forecast to a readjusted size of US$ 59180 million by 2028 with a CAGR of 13.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Smart Air-Con and Heater accounting for % of the Smart Home Appliances global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Cooking segment is altered to an % CAGR throughout this forecast period.
The top four global smart home appliance manufacturers are Samsung, GE, Whirlpool and LG, with a combined market share of 59 percent. North America is the largest consumption place, with a consumption market share nearly 30%. Following North America, Europe is the second largest consumption place with the consumption market share of 29%.
Global Smart Home Appliances Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Smart Home Appliances Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Smart Air-Con and Heater
Smart Washing and Drying
Smart Fridges
Smart Large Cookers
Smart Dishwashers
Smart Vaccum Cleaners
Others
Segment by Application
Cooking
Food Storage
Cleaning
House Maintenance
By Company
Samsung
BSH
GE
Whirlpool
LG
Electrolux
Panasonic
Miele & Cie
Philips
iRobot
Ecovacs
Neato
Haier
Midea
Hisense
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Smart Home Appliances Market
Due to the COVID-19 pandemic, the global Smart Home Appliances market size is estimated to be worth US$ 27680 million in 2022 and is forecast to a readjusted size of US$ 59180 million by 2028 with a CAGR of 13.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Smart Air-Con and Heater accounting for % of the Smart Home Appliances global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Cooking segment is altered to an % CAGR throughout this forecast period.
The top four global smart home appliance manufacturers are Samsung, GE, Whirlpool and LG, with a combined market share of 59 percent. North America is the largest consumption place, with a consumption market share nearly 30%. Following North America, Europe is the second largest consumption place with the consumption market share of 29%.
Global Smart Home Appliances Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Smart Home Appliances Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Smart Air-Con and Heater
Smart Washing and Drying
Smart Fridges
Smart Large Cookers
Smart Dishwashers
Smart Vaccum Cleaners
Others
Segment by Application
Cooking
Food Storage
Cleaning
House Maintenance
By Company
Samsung
BSH
GE
Whirlpool
LG
Electrolux
Panasonic
Miele & Cie
Philips
iRobot
Ecovacs
Neato
Haier
Midea
Hisense
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an
in-depth analysis of the
overall growth prospects...
- 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 including drivers, restraints...
