Global Smart Appliances Market 2016-2020

  • ID: 3946589
  • Report
  • Region: Global
  • 75 pages
  • TechNavio
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FEATURED COMPANIES

  • Dacor
  • Friedrich
  • Haier
  • Midea
  • Panasonic
  • Samsung
  • MORE
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.

The 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

The 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
- FUJITSU GENERAL
- Midea
- Mitsubishi Electric
- Panasonic
- Robert Bosch
- Videocon
- Voltas

Market drivers
- Increased convenience and functional value of easily communicating with appliances remotely driving market
- For a full, detailed list, view the full report

Market challenges
- Lack of technological exposure and awareness hindering mass adoption of smart connected appliances
- For a full, detailed list, view the full report

Market trends
- Connectivity and other attractive features in smart connected appliances
- For a full, detailed list, view the full 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?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Dacor
  • Friedrich
  • Haier
  • Midea
  • Panasonic
  • Samsung
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Global smart appliances market
PART 06: Five forces analysis

PART 07: Market segmentation by product category
  • Summary by product
  • Smart kitchen appliances
  • Smart laundry appliances
  • Other smart appliances
PART 08: Market segmentation by distribution channel

PART 09: Geographical segmentation
  • Smart appliances market in Americas
  • Smart appliances market in Europe
  • Smart appliances market in APAC and MEA
PART 10: Key leading countries
  • US
  • China
  • Germany
  • Japan
  • UK
PART 11: Market drivers
  • Increased convenience and functional value of easily communicating with appliances remotely driving market
  • Use of connectivity as a differentiating feature by manufacturers
  • Energy efficiency as a motivating factor for consumers
PART 12: Impact of drivers

PART 13: Market challenges
  • Security concerns associated with smart air conditioners and IoT concept
  • Lack of technological exposure and awareness hindering mass adoption of smart connected appliances
  • Problems in standardization of communication protocol
  • High initial cost of smart appliances and low consumer base
PART 14: Impact of drivers and challenges

PART 15: Market trends
  • Connectivity and other attractive features in smart connected appliances
  • Players collaborating with popular online retailer Amazon
PART 16: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 17: Key vendor analysis
  • Electrolux
  • Haier
  • LG Electronics
  • Samsung Electronics
  • Whirlpool
PART 18: Appendix
  • List of abbreviations
PART 19: About the Author

List of Exhibits
Exhibit 01: Segmentation by product
Exhibit 02: Key countries by geography
Exhibit 03: Popular product offerings
Exhibit 04: Timeline of global smart homes
Exhibit 05: Global household appliances market 2015-2020 ($ billions)
Exhibit 06: Factors enabling the growth of IoT trend
Exhibit 07: Requirements for IoT and smart appliances
Exhibit 08: Global smart appliances market 2015-2020 ($ billions)
Exhibit 09: Product life cycle of smart appliances
Exhibit 10: Five forces analysis
Exhibit 11: Summary by product type
Exhibit 12: Features of smart kitchen
Exhibit 13: Global smart kitchen appliances market 2015-2020 ($ billions)
Exhibit 14: Penetration rate of refrigerator in households of different regions
Exhibit 15: Global smart refrigerators market 2015-2020 ($ billions)
Exhibit 16: Global smart dishwashers market 2015-2020 ($ billions)
Exhibit 17: Success of MAID oven on crowdsourcing site Kickstarter
Exhibit 18: Global smart ovens market 2015-2020 ($ billions)
Exhibit 19: Global smart laundry appliance market 2015-2020 ($ billions)
Exhibit 20: Global smart washing machines market 2015-2020 ($ billions)
Exhibit 21: Global smart dryers market 2015-2020 ($ billions)
Exhibit 22: Household penetration of conventional air conditioners in different regions worldwide 2015
Exhibit 23: Global residential air conditioner market 2015-2020 ($ billions)
Exhibit 24: Global smart connected air conditioner market 2015-2020 ($ billions)
Exhibit 25: Segmentation by distribution channel 2015
Exhibit 26: Global smart appliances market: Geographical segmentation 2015
Exhibit 27: Global smart appliances market: Geographical segmentation 2020
Exhibit 28: Average energy consumption per use of major home appliances by Robert Bosch in 2000 and 2015 (kW)
Exhibit 29: Impact of drivers
Exhibit 30: Impact of drivers and challenges
Exhibit 31: Strategies adopted by the smart appliance players
Exhibit 32: Connected devices from the perspective of consumers and manufacturers
Exhibit 33: Electrolux: Business segmentation by revenue 2015
Exhibit 34: Electrolux: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 35: Electrolux: Geographical segmentation by revenue 2015
Exhibit 36: Haier: Business segmentation by revenue 2015
Exhibit 37: Haier: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 38: Haier: Geographical segmentation by revenue 2015
Exhibit 39: LG Electronics: Business segmentation by revenue 2015
Exhibit 40: LG Electronics: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 41: LG Electronics: Geographical segmentation by revenue 2015
Exhibit 42: Samsung Electronics: Business segmentation by revenue 2015
Exhibit 43: Samsung Electronics: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 44: Samsung Electronics: Geographical segmentation by revenue 2015
Exhibit 45: Whirlpool: Product segmentation by revenue 2015
Exhibit 46: Whirlpool: Product segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 47: Whirlpool: Geographical segmentation by revenue 2015
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Dacor
  • Friedrich
  • Haier
  • Midea
  • Panasonic
  • Samsung
  • MORE
New Report Released: – Global Smart Appliances Market 2016-2020

The author of the report recognizes the following companies as the key players in the global smart appliances market: Electrolux, Haier, LG, Samsung, and Whirlpool

Other Prominent Vendors in the market are: Dacor, Friedrich, FUJITSU GENERAL, Midea, Mitsubishi Electric, Panasonic, Robert Bosch, Videocon, and Voltas

Commenting on the report, an analyst from the research team said: “Amazon introduced the Amazon Dash Button in 2015, which is an electric device designed to make ordering products from the Amazon website easier and faster. By sticking these Dash Buttons on appliances like dishwashers or washers, consumers can order products like washing powders from Amazon with just one touch. These collaborations between popular players and online retailer Amazon will help increasing the popularity and growth of smart appliances during the forecast period.”

According to the report, wireless technologies like Wi-Fi, Bluetooth, and ZigBee can be used in or accessed by smartphones and tablets. But the inclusion of these technologies in home appliances (like air conditioners) is a means of product differentiation by manufacturers that is enticing tech-savvy consumers.

Further, the report states that when it comes to smart connected appliances, there are concerns regarding security and privacy. Due to the lack of a user interface, the automatic interaction between the connected devices in IoT is often invisible to users; this makes it easy for utility companies or third-party energy management and service providers to collect information, including private and personal data, without the user's knowledge.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- Electrolux
- Haier
- LG
- Samsung
- Whirlpool
- Dacor
- Friedrich
- FUJITSU GENERAL
- Midea
- Mitsubishi Electric
- Panasonic
- Robert Bosch
- Videocon
- Voltas
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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