Global Smart Home Appliances Market Report 2022: Need to Manage the Rising Cost of Energy of Home Appliances Fuels Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Nov 9, 2022--

The "Smart Home Appliances Market Research Report by Product Type, Technology, Distribution Channel, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Smart Home Appliances Market size was estimated at USD 34.92 billion in 2021, USD 38.12 billion in 2022, and is projected to grow at a CAGR of 9.43% to reach USD 59.99 billion by 2027.

Market Dynamics

Drivers

• Increasing Purchasing Power and Changing Lifestyles of Individuals
• Need to Manage the Rising Cost of Energy of Home Appliances
• Rising Government Supported Smart Home Activities

Restraints

• High Cost of Smart Home Appliances

Opportunities

• Technological Advancements in Smart Home Appliances
• Emerging Popularity of DIY Smart Automators in Home

Challenges

• Lack of Awareness Among Consumers in Developing Economies

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:

This research report categorizes the Smart Home Appliances to forecast the revenues and analyze the trends in each of the following sub-markets:

• Based on Product Type, the market was studied across Smart Air Conditioners, Smart Dishwashers, Smart Lighting Devices, Smart Refrigerators, Smart Security Devices, Smart Small Electrical Appliances, and Smart Washing Machines. The Smart Small Electrical Appliances is further studied across Coffee Machine, Smart Ovens, and Vacuum Cleaners.
• Based on Technology, the market was studied across Bluetooth, Cellular Technology, Radio Frequency Identification (RFID), Wi-Fi, and ZigBee.
• Based on Distribution Channel, the market was studied across Offline and Online.
• Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Smart Home Appliances Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor's strength and weakness thereby, providing insights to enhance product and service.

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview

5. Market Insights

6. Smart Home Appliances Market, by Product Type

7. Smart Home Appliances Market, by Technology

8. Smart Home Appliances Market, by Distribution Channel

9. Americas Smart Home Appliances Market

10. Asia-Pacific Smart Home Appliances Market

11. Europe, Middle East & Africa Smart Home Appliances Market

12. Competitive Landscape

13. Company Usability Profiles

14. Appendix

Companies Mentioned

• Acuity Brands Lighting, Inc.
• Apple, Inc.
• BSH Hausgerate GmbH
• Ecovacs Robotics, Inc.
• Electrolux AB
• General Electric Company
• Haier Electronics Group Co., Ltd.
• Hisense
• iRobot Corporation
• Johnson Controls International PLC
• Koninklijke Philips N.V.
• Legrand S.A.
• LG Electronics, Inc.
• Midea Group
• Miele & Cie. KG
• Mirc Electronics Limited
• Neato Robotics, Inc.
• Panasonic Corporation
• Samsung Electronics Co., Ltd.
• Schneider Electric SE
• Siemens AG
• Sony Group Corporation
• Vivint, Inc.
• Whirlpool Corporation
• Xiaomi Corporation

For more information about this report visit https://www.researchandmarkets.com/r/xstdbd

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY RETAIL HOME GOODS IOT (INTERNET OF THINGS)

SOURCE: Research and Markets

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