DUBLIN, October 4, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Smart Connected Air Conditioner Market 2016-2020" report to their offering.
The global smart connected air conditioner market is forecast to grow at a CAGR of 60.42% during the period 2016-2020.
According to the report, remote prognostics and easy fault detection features of smart connected air conditioners will be a key driver for market growth. Smart air conditioners facilitate remote prognostics and alert both the manufacturers and consumers even if there is a small chance of a fault developing in them.
When a fault develops in a machine, the manufacturer can contact the consumer; advise how it can be fixed or even arrange a site visit to replace a part. The operating system of the machine can notify service engineers of the concerned brand about which part needs replacing, so that they can bring it with them. Thus, consumers do not need to be concerned about the servicing and functioning of smart connected air conditioners. Manufacturers are leveraging on the remote prognostics feature of these air conditioners to entice consumers.
Further, the report states that problems in standardization of communication protocol will be a major challenge for the market. Manufacturers of different smart appliances have their own data standards and wireless protocols, which often make it difficult for these high-tech devices to communicate with each other. For instance, some manufacturers of smart meters have established proprietary protocols for connecting and communicating with devices used in residences.
These protocols create hindrances for smart appliance manufacturers. Customization of product offerings as per the protocol set by meter manufacturers is infeasible and impractical. Thus, a standardized communication protocol for inter-operability between controllers, gateways, appliances, devices and the internet is essential.
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Daikin Industries
- LG Electronics
- Mitsubishi Electric
- Samsung Electronics
- FUJITSU GENERAL
- Blue Star
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Segmentation by product type
PART 06: Market segmentation by distribution channel
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/42l2xh/global_smart
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Research and Markets
Laura Wood, Senior Manager
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