Smart Appliances Market Future Trends, Opportunities and Strong Growth in Future 2027

Smart Appliances Market Research Report- Global Forecast
2027
Market Research Future published a research report on “Global Smart Appliances Market
Research Report- Global Forecast 2027” – Market Analysis, Scope, Stake, Progress, Trends and
Forecast to 2027.
Market Scenario
A smart appliance is defined as a sophisticated version of conventional appliances that are operated
through connected devices such as smartphone, tablet or computer, to provide more information
and control. The advanced smart appliances are developed and operated in such a way that it sends
notifications and alerts the user to switch off or on depending on the user’s requirements. For
instance, the end-user can get the notifications when the laundry is done, and even the microwave
oven notifies when the food is ready to be served. The smart appliances are manufactured with
energy efficient features which enable the end-user to operate the appliances conveniently with low
power consumption.
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Technology plays a crucial role in operating the smart appliances. There is a constant
encouragement by the market players to integrate wireless networks with the connected devices
such as electric meters, wearable devices, and smart appliances that enable the devices to consume
nominal bandwidth but needs a continuous and high power connection. Numerous networks such as
Sigfox and LoRaWan are constantly implementing low cost, low power and long-range connectivity,
which is driving the implementation of connected devices. Developed and emerging countries such
as South Korea and the Netherlands have already adopted this technology, whereas countries such
as Australia and New Zealand are at the burgeoning stage to implement LPWAN networks.
However, the major driving factors for the global smart appliances market are the surging energy
prices and abundance of wireless solutions. On the flipside, increased internet penetration results in
the risk of privacy theft, which is presumed to hinder the growth of the market over the forecast
period.
Global Smart Appliances market is expected to have around 17% CAGR over the forecast period
2017-2027.

Segmentation
The Smart Appliances Market is segmented into component, technology, and end-user.
• By component, the market is classified as products and services. Furthermore, the product
segment is categorized into dishwasher, washing machine, air conditioner, refrigerator,
security devices, lighting devices and others. Services segment is classified as professional
and managed services. The professional services are categorized into consulting, repairs &
maintenance, system integration, and others.
• Based on technology, the market is divided into Wi-Fi, Zigbee, Bluetooth, RFID, cellular
technology, NFC, Z-Wave, and others.
• Lastly, the smart appliances market are sub-segmented into end user which include
residential, government, and commercial.
Key Players:
The key players in the market of Smart Appliances are- Samsung (South Korea), Panasonic Corp.
(Japan), Whirlpool Corp. (U.S.), Haier Co. Ltd. (China), Electrolux AB (Sweden), BSH Hausgerate
GmbH (Germany), LG Inc. (South Korea), General Electric Co. (U.S.), Miele & Cie. KG (Germany),
Philips N.V. (Netherlands), Groupe SEB (France) among others.
Regional Analysis
Geographically, the smart appliances market is segmented into four different regions namely North
America, Asia Pacific, Europe, and the Rest of World.
North America is presumed to have significant growth in the smart appliances market. The United
States and Canada are leading countries in the region, due to the increasing adoption rate of IoT
devices. Asia Pacific is also anticipated to be the fastest growing region in the smart appliances
market over the forecast period. South Korea, India, Japan, and China are the leading countries in
the smart appliances market. This is attributed to the rising disposable income among the middleincome
population, driving the growth rate of the smart appliances market.
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Target audience
• Raw material suppliers
• Electronic design automation (EDA) & design tool vendors
• Fabrication, wafer, & foundry process equipment vendors
• Various smart appliances manufacturing companies
• Research and development organizations
• Technology providers and investors
• Associations working on smart appliances
• Sensor provider Sensors chip traders & distributors
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape

4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.1.5 Bargaining Power Of Suppliers
4.2 Value Chain/Supply Chain Of Global Smart Appliances Market
5 Industry Overview Of Global Smart Appliances Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
7. Global Smart Appliances Market By Component
7.1 Introduction
7.2 Products
7.2.1 Dishwasher
7.2.1.1 Market Estimates & Forecast, 2017-2027
7.2.1.2 Market Estimates & Forecast By Region, 2017-2027
7.2.2 Washing Machine
7.2.2.1 Market Estimates & Forecast, 2017-2027

7.2.2.2 Market Estimates & Forecast By Region, 2017-2027
7.2.3 Air Conditioner
7.2.3.1 Market Estimates & Forecast, 2017-2027
7.2.3.2 Market Estimates & Forecast By Region, 2017-2027
7.2.4 Air Conditioner
7.2.4.1 Market Estimates & Forecast, 2017-2027
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