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Smart Washing Machines Global Market Report 2020-30: COVID-19 Growth and Change

  • ID: 5027864
  • Report
  • May 2020
  • Region: Global
  • 200 pages
  • The Business Research Company

FEATURED COMPANIES

  • AB Electrolux
  • Bosch (Germany)
  • IFB
  • LG Electronics Inc.
  • Robert Bosch GmbH
  • TCL Corp. (China)
Smart Washing Machines Global Market Report 2020: COVID-19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global smart washing machines market.

This report focuses on smart washing machines market which is experiencing strong growth. The report gives a guide to the smart washing machines market which will be shaping and changing our lives over the next ten years and beyond, including the market's response to the challenge of the global pandemic.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3 working days of order.
Description:
Where is the largest and fastest growing market for the smart washing machines market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Smart Washing Machines Market global market report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider smart washing machines market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The smart washing machines market section of the report gives context. It compares the smart washing machines market with other segments of the smart washing machines market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, smart washing machines market indicators comparison.
Scope

Markets Covered:
1) By Type: Top Load; Front Load
2) By Application: Residential; Commercial

Companies Mentioned: General Electric Co.; LG Electronics Inc.; Samsung Electronics Co. Ltd.; Whirlpool Corp.; Robert Bosch GmbH

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

This report will be delivered within 1-3 business days.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AB Electrolux
  • Bosch (Germany)
  • IFB
  • LG Electronics Inc.
  • Robert Bosch GmbH
  • TCL Corp. (China)
1. Executive Summary

2. Smart Washing Machines Market Characteristics

3. Smart Washing Machines Market Size And Growth
3.1. Global Smart Washing Machines Market Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Smart Washing Machines Market Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market

4. Smart Washing Machines Market Segmentation
4.1. Global Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Top Load
  • Front Load
4.2. Global Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Residential
  • Commercial
5. Smart Washing Machines Market Regional And Country Analysis
5.1. Global Smart Washing Machines Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Smart Washing Machines Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

6. Asia-Pacific Smart Washing Machines Market
6.1. Asia-Pacific Smart Washing Machines Market Overview
6.2. Asia-Pacific Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6.3. Asia-Pacific Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

7. China Smart Washing Machines Market
7.1. China Smart Washing Machines Market Overview
7.2. China Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion
7.3. China Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

8. India Smart Washing Machines Market
8.1. India Smart Washing Machines Market Overview
8.2. India Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
8.3. India Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

9. Japan Smart Washing Machines Market
9.1. Japan Smart Washing Machines Market Overview
9.2. Japan Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
9.3. Japan Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

10. Australia Smart Washing Machines Market
10.1. Australia Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
10.2. Australia Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

11. Indonesia Smart Washing Machines Market
11.1. Indonesia Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
11.2. Indonesia Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

12. South Korea Smart Washing Machines Market
12.1. South Korea Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
12.2. South Korea Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

13. Western Europe Smart Washing Machines Market
13.1. Western Europe Smart Washing Machines Market Overview
13.2. Western Europe Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
13.3. Western Europe Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

14. UK Smart Washing Machines Market
14.1. UK Smart Washing Machines Market Overview
14.2. UK Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
14.3. UK Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

15. Germany Smart Washing Machines Market
15.1. Germany Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
15.2. Germany Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

16. France Smart Washing Machines Market
16.1. France Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
16.2. France Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

17. Eastern Europe Smart Washing Machines Market
17.1. Eastern Europe Smart Washing Machines Market Overview
17.2. Eastern Europe Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
17.3. Eastern Europe Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

18. Russia Smart Washing Machines Market
18.1. Russia Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
18.2. Russia Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

19. North America Smart Washing Machines Market
19.1. North America Smart Washing Machines Market Overview
19.2. North America Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
19.3. North America Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

20. USA Smart Washing Machines Market
20.1. USA Smart Washing Machines Market Overview
20.2. USA Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
20.3. USA Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

21. South America Smart Washing Machines Market
21.1. South America Smart Washing Machines Market Overview
21.2. South America Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
21.3. South America Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

22. Brazil Smart Washing Machines Market
22.1. Brazil Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
22.2. Brazil Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

23. Middle East Smart Washing Machines Market
23.1. Middle East Smart Washing Machines Market Overview
23.2. Middle East Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
23.3. Middle East Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

24. Africa Smart Washing Machines Market
24.1. Africa Smart Washing Machines Market Overview
24.2. Africa Smart Washing Machines Market, Segmentation By Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
24.3. Africa Smart Washing Machines Market, Segmentation By Application , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

25. Smart Washing Machines Market Competitive Landscape And Company Profiles
25.1. Smart Washing Machines Market Competitive Landscape
25.2. Smart Washing Machines Market Company Profiles
25.2.1. General Electric Co.,
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. LG Electronics Inc.,
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Samsung Electronics Co. Ltd.,
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. Whirlpool Corp.
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. Robert Bosch GmbH,
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance

26. Key Mergers And Acquisitions In The Smart Washing Machines Market

27. Smart Washing Machines Market Trends And Strategies

28. Smart Washing Machines Market Future Outlook and Potential Analysis

29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. About the Publisher
29.5. Copyright And Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AB Electrolux
  • Bosch (Germany)
  • IFB
  • LG Electronics Inc.
  • Robert Bosch GmbH
  • TCL Corp. (China)
Major players in the smart washing machine market are General Electric Co., LG Electronics Inc., Samsung Electronics Co. Ltd., Whirlpool Corp., Robert Bosch GmbH, Haier Consumer Electronics Group Co. Ltd., Panasonic Corp., Siemens AG, AB Electrolux, and Whirlpool.

The global smart washing machine market is expected to decline from $7.85 billion in 2019 and to $7.59 billion in 2020 at a compound annual growth rate (CAGR) of -3.22%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $12.48 billion in 2023 at CAGR of 18.03%.

The smart washing machine market consists of sales of smart washing machines and related services. The sales comprises of revenues generated by establishments that are primarily engaged in the manufacturing and selling of smart front load, Inclined Load and top load smart washing machines. Smart washing machine is defined as the machine which helps the user to control the washing process remotely. Smart washing machines are connected to the internet and to smart phone, or other smart devices through the cloud or app. The connectivity gives more control on the machine, and user can decide its activity through the commands on the app or through other means like voice.

North America was the largest region in the smart washing machines market in 2019. Asia Pacific is expected to be the fastest growing region in the forecast period.

Artificial Intelligence is expected to be a trend in smart washing machine market. AI uses a simulation of human intelligence into machine. These machines are programmed with AI technology to think and function like humans. For instance, LG electronics newly released smart washing machine LG thinkQ which uses Artificial Intelligence and analyses the wash load and suggests the wash settings accordingly. Similarly, Samsung released Samsung Grande AI washer and drier in January 2020 which uses Artificial Intelligence for effective ways to laundry and connect with drier to ease the process of laundry. AI-programmed smart washing machines are expected to ease the process of laundry.

The smart washing machines market covered in this report is segmented by type into top load, front load and by application into residential, commercial.

Smart washing machine utilizes wireless technology (such as WiFi, 3G, Bluetooth, etc.) to communicate and interact with other devices or networks. Therefore, the cost of smart washing machine is high compared to conventional washing machine. The smart washing machine cost ranges from $650 to $2500 compared to conventional ones which ranges from $100 to $1000. The cost will also depend on the size of the washing machine, with larger units fetching higher prices, such as a Samsung 16kg front load washing machine, which retails for around $3,000. Although the higher expense of smart washing machine with a comparable build quality to a regular washing machine is not unreasonable, the high cost of these washing machines would hinder the demand and growth of the smart washing machine market.

In February 2018, Hughes Electrical, a leading player in the UK’s commercial laundry market acquired Armstrong Commercial Laundry Systems for an undisclosed amount. This acquisition allows Hughes to open trade counters to provide domestic equipment to local businesses as well as to Armstrong customers. Armstrong is a UK distributor for American company Alliance Laundry Systems, the worldwide producer of commercial laundry equipment.

The increasing need for energy-efficient washing machines will drive the growth of the smart washing machines market in the forecast period. Smart washing machines increasingly producing energy-efficient products to reduce carbon footprint and enable energy savings for the consumers. The rise of energy-efficient washing machines can be attributed to the stringent government regulations on electric home machines and advances in technology. According to the U.S. Energy Information Administration (EIA), the demand for global energy will grow by 37% due to a rise in energy requirements per household by 2035. Energy-efficient machines are designed to utilize minimum energy to complete the required task. Currently, over 80 countries have standards and labels for energy-efficient machines. Thus, smart washing machines will drive the market in the forecast period.
Note: Product cover images may vary from those shown
  • General Electric Co.
  • LG Electronics Inc.
  • Samsung Electronics Co. Ltd.
  • Whirlpool Corp.
  • Robert Bosch GmbH
  • Haier Consumer Electronics Group Co. Ltd.
  • Panasonic Corp.
  • Siemens AG
  • AB Electrolux
  • Whirlpool
  • Techtronic Industries (United States)
  • Panasonic Corporation
  • Toshiba Corp
  • IFB Industries Ltd.
  • Koninklijke Philips N.V. (Netherlands)
  • BSH Hausgerate GmbH (Germany)
  • Peraso Technologies (Canada)
  • TCL Corp. (China)
  • Bosch (Germany)
  • AEG
  • Tecnik
  • IFB
  • Baumatic
  • Kenmore Maytag
  • Zanussi
  • Sharp Corporation
  • Candy
Note: Product cover images may vary from those shown

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