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What's the Next big thing in the Europe Smart Home Appliances Market...? AB Electrolux, Amazon, Google, Qingdao Haier, LG Electronics, Panasonic Corporation, Koninklijke Philips, Samsung Electronics

06-15-2019 08:50 AM CET | Media & Telecommunications

Press release from: The Insight Partners

Europe Smart Home Appliances Market to 2027

Europe Smart Home Appliances Market to 2027

The Europe smart home appliances market valued at US$ 4.08 Bn in 2018 and is expected to grow at a CAGR of 13.9% during the forecast period 2019 - 2027, to generate US$ 12.94 Bn by 2027.

Europe Smart Home Appliances Market report provides an in-depth insight of Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. The research report focuses on the leading competitors of the Europe Smart Home Appliances Market and provides information such as the company overview, product portfolio, key developments, price, cost, value, volume, revenue, capacity, production, and contact information.

The household appliances accounts for approximately two-thirds of the energy consumption by buildings. With an aim to conserve energy, the European Government is taking several initiatives to propel the adoption of smart home appliances in the region. For instance, the EC published a strategy on Connectivity for a European Gigabit Society in 2016. The strategy sets a vision of Europe where availability and acceptance of very high capacity networks allow the extensive use of products, services as well as applications in the Digital Single Market. Access to connectivity providing at least 100 Mbps for all households in Europe by 2025 is one of the key objective of the strategy.

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Some of the key companies operating in the smart home appliances market includes AB Electrolux, Amazon.com, BSH Hausgerate GmbH, Google, (Alphabet, Inc.), Qingdao Haier Co., Ltd, LG Electronics, Panasonic Corporation, Koninklijke Philips, Samsung Electronics Co., Whirlpool Corp. among others.

Key Benefits:
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Europe Smart Home Appliances Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

Europe Smart Home Appliances Market – Global Analysis to 2027 is an exclusive and in-depth study which provides a comprehensive view of the market includes the current trend and future amplitude of the market with respect to the products/services. The report provides an overview of the Europe Smart Home Appliances Market with the detailed segmentation by type, application, and region through in-depth traction analysis of the overall Europe Smart Home Appliances industry. This report provides qualified research on the market to evaluate the key vendors by calibrating all the relevant products/services to understand the positioning of the major players in Europe Smart Home Appliances Market.

Furthermore, the EC issued a recommendation for the roll-out of smart metering strategies. By 2020, it is anticipated that approximately 72% of the consumers in the region will have a smart meter for electricity. Since, smart Appliances as well as connected devices within the smart home are integrally connected with external conditions such as the access to broadband internet as well as smart meters, thus the above mentioned initiatives are expected to drive the smart home appliances market growth during the coming years.

Europe Smart Home Appliances Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2027, considering 2019 as the base year and 2019 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

The report analyzes factors affecting Europe Smart Home Appliances Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for Europe Smart Home Appliances Market for each region.

The report segments the Europe smart home appliances market as follows:

Europe Smart Home Appliances Market – By Product

• Appliances
o Smart Fridge
o Smart Washing Machine
o Smart Dishwasher
o Smart Ovens
o Robot Vacuum Cleaner
o Smart Coffee Machine
o Others

• Energy & Lighting
o Smart Light Bulbs & Lighting Systems
o Smart Thermostats
o Smart Boiler
o Others

• Security Measures
o Smart Cameras & Monitoring Systems
o Smart Lock & Sensor
o Smart Alarms
o Smart Detectors

• Health & Fitness
o Smart Blood Pressure Monitors
o Others

Europe Smart Home Appliances Market – By Technology
• Bluetooth
• Wi-Fi
• Zigbee
• Z-Wave
• NFC

Europe Smart Home Appliances Market – By End-user
• Commercial
• Residential

Europe Smart Home Appliances Market – By Country
• Germany
• UK
• France
• Italy
• Spain
• Rest of Europe

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Contact us
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Home: https://www.theinsightpartners.com

About Us
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.

We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.

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