Global Smart Appliances Market to Reach $99.2 Billion by 2030
The global market for Smart Appliances estimated at US$34.3 Billion in the year 2022, is projected to reach a revised size of US$99.2 Billion by 2030, growing at a CAGR of 14.2% over the analysis period 2022-2030. Smart Home Appliances, one of the segments analyzed in the report, is projected to record 13.8% CAGR and reach US$81.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Smart Kitchen Appliances segment is readjusted to a revised 16.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $10.4 Billion, While China is Forecast to Grow at 13.6% CAGR
The Smart Appliances market in the U.S. is estimated at US$10.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$17 Billion by the year 2030 trailing a CAGR of 13.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.5% and 12.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.4% CAGR.Select Competitors (Total 12 Featured) -
- BSH Hausgerate GmbH
- Electrolux AB
- General Electric Company
- Koninklijke Philips NV
- LG Electronics Inc.
- Miele & CIE, KG
- Panasonic Corporation
- Qingdao Haier Co., Ltd.
- Samsung Electronics Co., Ltd.
- Whirlpool Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BSH Hausgerate GmbH
- Electrolux AB
- General Electric Company
- Koninklijke Philips NV
- LG Electronics Inc.
- Miele & CIE, KG
- Panasonic Corporation
- Qingdao Haier Co., Ltd.
- Samsung Electronics Co., Ltd.
- Whirlpool Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 279 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 34.3 Billion |
Forecasted Market Value ( USD | $ 99.2 Billion |
Compound Annual Growth Rate | 14.2% |
Regions Covered | Global |