NEW YORK, June 6, 2021 /PRNewswire/ — The smart home appliances market is poised to grow by USD 31.66 billion during 2020-2024, decelerating at a CAGR of over 16% during the forecast period. The report on the smart home appliances market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
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The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the increasing adoption of wireless connecting devices.
The smart home appliances market analysis includes the product and distribution channel segments and geographic landscape. This study identifies the growing smartphone penetration and increasing internet speed as one of the prime reasons driving the smart home appliances market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The smart home appliances market covers the following areas:
Smart Home Appliances Market Sizing
Smart Home Appliances Market Forecast
Smart Home Appliances Market Analysis
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Companies Mentioned
- AB Electrolux
- General Electric Co.
- Koninklijke Philips NV
- LG Electronics Inc.
- Mitsubishi Electric Corp.
- Panasonic Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Sharp Corp.
- Whirlpool Corp.
Related Reports on Consumer Discretionary Include:
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Global Smart Connected Cooking Appliances Market – Global smart connected cooking appliances market is segmented by distribution channel (offline and online) and geography (North America, Europe, APAC, South America, and MEA).
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Key Topics Covered:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Smart washing machines and dryers – Market size and forecast 2019-2024
- Smart air conditioners – Market size and forecast 2019-2024
- Smart refrigerators – Market size and forecast 2019-2024
- Smart microwave ovens – Market size and forecast 2019-2024
- Smart dishwashers – Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel placement
- Offline – Market size and forecast 2019-2024
- Online – Market size and forecast 2019-2024
- Market opportunity by Distribution channel
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Geographic Landscape by Volume
- Geographic segmentation
- Geographic comparison
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- AB Electrolux
- General Electric Co.
- Koninklijke Philips NV
- LG Electronics Inc.
- Mitsubishi Electric Corp.
- Panasonic Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Sharp Corp.
- Whirlpool Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Report: www.technavio.com/report/smart-home-appliances-market-industry-analysis
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