Global Smart Electric Sofa Market Growth 2023-2029

Global Smart Electric Sofa Market Growth 2023-2029

The global Smart Electric Sofa market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Furniture manufacturing is an industry with a long history. Traditional furniture manufacturing uses wood, metal, plastic, bamboo rattan, sponge and other materials to manufacture static furniture products. The smart furniture industry is an emerging industry. It continuously integrates new technologies on the basis of traditional furniture craftsmanship, promotes the continuous iteration and upgrading of furniture products, and makes furniture products change from static to dynamic, and from single function to multi-function. The development of smart sofas is highly dependent on technological innovation, and the continuous integration of traditional furniture craftsmanship and new technologies promotes the sustainable development of the smart sofa industry. From the perspective of developed markets such as the United States, there is still a large room for improvement in the penetration rate of smart sofas; while the markets of developing countries such as China started relatively late, and the market potential is even greater.

Smart electric sofa is a functional sofa that relies on electric drive and intelligent control.

LPI (LP Information)' newest research report, the “Smart Electric Sofa Industry Forecast” looks at past sales and reviews total world Smart Electric Sofa sales in 2022, providing a comprehensive analysis by region and market sector of projected Smart Electric Sofa sales for 2023 through 2029. With Smart Electric Sofa sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Electric Sofa industry.

This Insight Report provides a comprehensive analysis of the global Smart Electric Sofa landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Electric Sofa portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Smart Electric Sofa market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Electric Sofa and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Electric Sofa.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Electric Sofa market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Single Sofa
Multiseat Sofa

Segmentation by application
Home
Commercial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
La-Z-Boy
Ashley Furniture
Natuzzi
Flexsteel
Man Wah Holdings
KUKA HOME
Changzhou HHC Group
ZOY Home Furnishing
Henglin Home Furnishing
Quanyou
Zuoyou Sofa

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Electric Sofa market?

What factors are driving Smart Electric Sofa market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smart Electric Sofa market opportunities vary by end market size?

How does Smart Electric Sofa break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.