Global Smart Home Appliances Market, By Product (Washing Machine, Refrigerators, Television, Air Conditioner, Vacuum Cleaners, Others), By Distribution Channel (Online, Multi Branded Electronic Stores, Supermarket/Hypermarket, Others), By Region, Competition Forecast & Opportunities, 2027
The global smart home appliances market is expected to witness an impressive CAGR in the forecast period, 2023-2027. Factors such as the rise in construction of smart homes in developing and developed countries and increased expenditure on home improvement products primarily drives the demand for the global smart home appliances market. A rise in the investments by the public and private players to advance the IT infrastructure and wireless communication network in their respective countries is expected to influence the global smart home appliances market demand positively. The improved standards of living and demand for luxury goods such as air conditioners, washing machines, and others are also expected to fuel the market growth in the forecast period.
Modern household appliances equipped with user interfaces that frequently carry out their jobs well and offer cutting-edge user experiences are referred to as smart appliances. This equipment could include smart air conditioners, smart security systems, smart televisions, etc. These appliances are frequently linked together using Bluetooth, Wi-Fi, or voice recognition technology.
The global smart home appliances market is segmented into product, distribution channel, competitive landscape, and regional distribution. Based on product, the market is divided into washing machine, refrigerators, television, air conditioner, vacuum cleaners, and others. The smart washing machines segment is anticipated to capture the highest market share in the forecast period, 2023-2027. It is projected that the market will rise due to the surge in demand for technologically advanced home appliances that are effective in operation and have a convenient user interface that can be operated via a connected smartphone app.
The major market players operating in the global smart home appliances market are Samsung Electronics Co., Ltd., BSH Hausgeräte GmbH, General Electric Company, Whirlpool Corporation, LG Electronics Inc., Panasonic Corporation, Haier Group Corporation, Electrolux AB, Breville Group Limited, Voltas Limited, among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F
Objective of the Study:
- To analyze the historical growth in the market size of global smart home appliances market from 2017 to 2021.
- To estimate and forecast the market size of global smart home appliances market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast global smart home appliances market based on product, distribution channel, regional distribution, and competitional landscape.
- To identify dominant region or segment in the global smart home appliances market.
- To identify drivers and challenges for global smart home appliances market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global smart home appliances market.
- To identify and analyze the profile of leading players operating in global smart home appliances market.
- To identify key sustainable strategies adopted by market players in global smart home appliances market.
TechSci Research calculated the market size of global smart home appliances market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Manufacturers, end users, and other stakeholders
- Distributers and suppliers of products and other stakeholders
- Organizations, forums, and alliances related to smart home appliances market
- Market research and consulting firms
Report Scope:
In this report, global smart home appliances market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Smart Home Appliances Market, By Product:
- Washing Machine
- Refrigerators
- Television
- Air Conditioner
- Vacuum Cleaners
- Others
- Global Smart Home Appliances Market, By Distribution Channel:
- Online
- Multi Branded Electronic Stores
- Supermarket/ Hypermarket
- Others
- Global Smart Home Appliances Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
Company Profiles: Detailed analysis of the major companies present in global smart home appliances market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
- 1. Product Overview
- 2. Research Methodology
- 3. Executive Summary
- 4. Voice of Customer
- 5. Impact of COVID-19 on Global Smart Home Appliances Market
- 6. Global Smart Home Appliances Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value
- 6.2. Market Share & Forecast
- 6.2.1. By Product (Washing Machine, Refrigerators, Television, Air Conditioner, Vacuum Cleaners, Others)
- 6.2.2. By Distribution Channel (Online, Multi Branded Electronic Stores, Supermarket/Hypermarket, Others)
- 6.2.3. By Company (2021)
- 6.2.4. By Region
- 6.3. Product Market Map
- 7. Asia-Pacific Smart Home Appliances Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value
- 7.2. Market Share & Forecast
- 7.2.1. By Product
- 7.2.2. By Distribution Channel
- 7.2.3. By Country
- 7.3. Asia-Pacific: Country Analysis
- 7.3.1. China Smart Home Appliances Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.1.1. By Value
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Product
- 7.3.1.2.2. By Distribution Channel
- 7.3.2. India Smart Home Appliances Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.1.1. By Value
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Product
- 7.3.2.2.2. By Distribution Channel
- 7.3.3. South Korea Smart Home Appliances Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.1.1. By Value
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Product
- 7.3.3.2.2. By Distribution Channel
- 7.3.4. Japan Smart Home Appliances Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.1.1. By Value
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Product
- 7.3.4.2.2. By Distribution Channel
- 7.3.5. Australia Smart Home Appliances Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.1.1. By Value
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Product
- 7.3.5.2.2. By Distribution Channel
- 8. Europe Smart Home Appliances Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Value
- 8.2. Market Share & Forecast
- 8.2.1. By Product
- 8.2.2. By Distribution Channel
- 8.2.3. By Country
- 8.3. Europe: Country Analysis
- 8.3.1. France Smart Home Appliances Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.1.1. By Value
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Product
- 8.3.1.2.2. By Distribution Channel
- 8.3.2. Germany Smart Home Appliances Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.1.1. By Value
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Product
- 8.3.2.2.2. By Distribution Channel
- 8.3.3. United Kingdom Smart Home Appliances Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.1.1. By Value
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Product
- 8.3.3.2.2. By Distribution Channel
- 8.3.4. Italy Smart Home Appliances Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.1.1. By Value
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Product
- 8.3.4.2.2. By Distribution Channel
- 8.3.5. Spain Smart Home Appliances Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.1.1. By Value
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Product
- 8.3.5.2.2. By Distribution Channel
- 9. North America Smart Home Appliances Market Outlook
- 9.1. Market Size & Forecast
- 9.1.1. By Value
- 9.2. Market Share & Forecast
- 9.2.1. By Product
- 9.2.2. By Distribution Channel
- 9.2.3. By Country
- 9.3. North America: Country Analysis
- 9.3.1. United States Smart Home Appliances Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.1.1. By Value
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Product
- 9.3.1.2.2. By Distribution Channel
- 9.3.2. Mexico Smart Home Appliances Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.1.1. By Value
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Product
- 9.3.2.2.2. By Distribution Channel
- 9.3.3. Canada Smart Home Appliances Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.1.1. By Value
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Product
- 9.3.3.2.2. By Distribution Channel
- 10. South America Smart Home Appliances Market Outlook
- 10.1. Market Size & Forecast
- 10.1.1. By Value
- 10.2. Market Share & Forecast
- 10.2.1. By Product
- 10.2.2. By Distribution Channel
- 10.2.3. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Smart Home Appliances Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.1.1. By Value
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Product
- 10.3.1.2.2. By Distribution Channel
- 10.3.2. Argentina Smart Home Appliances Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.1.1. By Value
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Product
- 10.3.2.2.2. By Distribution Channel
- 10.3.3. Colombia Smart Home Appliances Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.1.1. By Value
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Product
- 10.3.3.2.2. By Distribution Channel
- 11. Middle East and Africa Smart Home Appliances Market Outlook
- 11.1. Market Size & Forecast
- 11.1.1. By Value
- 11.2. Market Share & Forecast
- 11.2.1. By Product
- 11.2.2. By Distribution Channel
- 11.2.3. By Country
- 11.3. MEA: Country Analysis
- 11.3.1. South Africa Smart Home Appliances Market Outlook
- 11.3.1.1. Market Size & Forecast
- 11.3.1.1.1. By Value
- 11.3.1.2. Market Share & Forecast
- 11.3.1.2.1. By Product
- 11.3.1.2.2. By Distribution Channel
- 11.3.2. Saudi Arabia Smart Home Appliances Market Outlook
- 11.3.2.1. Market Size & Forecast
- 11.3.2.1.1. By Value
- 11.3.2.2. Market Share & Forecast
- 11.3.2.2.1. By Product
- 11.3.2.2.2. By Distribution Channel
- 11.3.3. UAE Smart Home Appliances Market Outlook
- 11.3.3.1. Market Size & Forecast
- 11.3.3.1.1. By Value
- 11.3.3.2. Market Share & Forecast
- 11.3.3.2.1. By Product
- 11.3.3.2.2. By Distribution Channel
- 12. Market Dynamics
- 12.1. Drivers
- 12.2. Challenges
- 13. Market Trends & Developments
- 14. Competitive Landscape
- 14.1. Samsung Electronics Co., Ltd.
- 14.2. BSH Hausgeräte GmbH
- 14.3. General Electric Company
- 14.4. Whirlpool Corporation
- 14.5. LG Electronics Inc.
- 14.6. Panasonic Corporation
- 14.7. Haier Group Corporation
- 14.8. Electrolux AB
- 14.9. Breville Group Limited
- 14.10. Voltas Limited
- 15. Strategic Recommendations
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