Press release
Smart Washing Machines Market Size, Industry Outlook And Forecast For 2031 - Haier Smart Home Co., Ltd,LG Electronics,Whirlpool Corporation,AB Electrolux,Panasonic Corporation
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According to The Business Research Company's smart washing machines market report, the global smart washing machines market size reached a value of nearly $14,870.3 million in 2021, having grown at a compound annual growth rate (CAGR) of 18.4% since 2016. The market is expected to grow from $14,870.3 million in 2021 to $20,827.2 million in 2026 at a rate of 7.0%. The market is then expected to grow at a CAGR of 7.2% from 2026 and reach $29,500.4 million in 2031.
The smart washing machines market is expected to be supported by rapid growth in smart homes in many countries globally. Smart homes technologies use electrical devices to efficiently manage and operate household services including washing, drying, cooking and others. Smart homes also use predictive big data analytics for the fast and efficient washing of clothes.
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The smart washing machines market is segmented -
• By Type: Top Load, Front Load
• By Connectivity: Wi-Fi, Bluetooth, Near-Field-Communication (NFC)
• By Application: Residential, Commercial
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the smart washing machines market.
Major competitors in the smart washing machines market include Haier Smart Home Co., Ltd, LG Electronics, Whirlpool Corporation, AB Electrolux, Panasonic Corporation.
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The smart washing machines market consists of sales of smart washing machines by entities (organizations, sole traders and partnerships) that are used to wash various types of clothes without applying any physical efforts and help the user to control the washing process remotely. Smart washing machines are connected to the internet and to smart phones, or other smart devices through the cloud or app. The connectivity gives more control on the machine, and users can decide its activity through the commands on the app or through other means like voice activation.
The Table Of Content For The Smart Washing Machines Market Include:
1. Smart Washing Machines Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
20. Global Smart Washing Machines Market Opportunities And Strategies
21. Smart Washing Machines Market, Conclusions And Recommendations
22. Appendix
The Business Research Company's "Global Smart Washing Machines Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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