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Global Smart Home Appliances Market to witness $ 31.66 Billion growth during 2020-2024 | Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Jun 06, 2021, 05:20 ET

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NEW YORK, June 6, 2021 /PRNewswire/ -- The smart home appliances market is poised to grow by USD 31.66 billion during 2020-2024, decelerating at a CAGR of over 16% during the forecast period. The report on the smart home appliances market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

Request a Free Sample to understand the scope of the report.

Technavio has announced its latest market research report titled Global Smart Home Appliances Market 2020-2024
Technavio has announced its latest market research report titled Global Smart Home Appliances Market 2020-2024

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the increasing adoption of wireless connecting devices.

The smart home appliances market analysis includes the product and distribution channel segments and geographic landscape. This study identifies the growing smartphone penetration and increasing internet speed as one of the prime reasons driving the smart home appliances market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The smart home appliances market covers the following areas:

Smart Home Appliances Market Sizing
Smart Home Appliances Market Forecast
Smart Home Appliances Market Analysis

Download a free sample report here: www.technavio.com/talk-to-us?report=IRTNTR40419

Companies Mentioned

  • AB Electrolux
  • General Electric Co.
  • Koninklijke Philips NV
  • LG Electronics Inc.
  • Mitsubishi Electric Corp.
  • Panasonic Corp.
  • Robert Bosch GmbH
  • Samsung Electronics Co. Ltd.
  • Sharp Corp.
  • Whirlpool Corp.


Related Reports on Consumer Discretionary Include:
Global Smart Glasses Market
 - Global smart glasses market is segmented by product (developer and commercial), end-user (enterprise and individual), OS (Android, Windows, and others), and geography (North America, Europe, APAC, MEA, and South America).
Request a Free Sample Report

Global Smart Connected Cooking Appliances Market - Global smart connected cooking appliances market is segmented by distribution channel (offline and online) and geography (North America, Europe, APAC, South America, and MEA).
Request a Free Sample Report

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product placement
  • Smart washing machines and dryers - Market size and forecast 2019-2024
  • Smart air conditioners - Market size and forecast 2019-2024
  • Smart refrigerators - Market size and forecast 2019-2024
  • Smart microwave ovens - Market size and forecast 2019-2024
  • Smart dishwashers - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel placement
  • Offline - Market size and forecast 2019-2024
  • Online - Market size and forecast 2019-2024
  • Market opportunity by Distribution channel

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Geographic Landscape by Volume
  • Geographic segmentation
  • Geographic comparison

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • AB Electrolux
  • General Electric Co.
  • Koninklijke Philips NV
  • LG Electronics Inc.
  • Mitsubishi Electric Corp.
  • Panasonic Corp.
  • Robert Bosch GmbH
  • Samsung Electronics Co. Ltd.
  • Sharp Corp.
  • Whirlpool Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports. 
Technavio's SUBSCRIPTION platform

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report: www.technavio.com/report/smart-home-appliances-market-industry-analysis

SOURCE Technavio

Related Links

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