Press release
Global Smart Connected Air Conditioner Market 2016-2020
About Smart Homes
The evolution of smart homes resulted in the installation of integrated and centralized control systems in homes that include:
• Environmental control systems (air conditioning, heating, and ventilation)
• Household appliances (washing machines, refrigerators, freezers, and microwaves)
• Consumer electronics (TV, gaming consoles, and audio-video equipment)
• Building components (windows and doors)
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In a connected home, these systems are connected to a computer, tablet, or a smartphone through a wired or a wireless network to enhance remote accessibility. Ubiquitous homes understand the requirements of occupants based on their lifestyle and behavior, and, hence, respond in a particular manner.
Global smart connected air conditioner market to grow at a CAGR of 60.42% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global smart connected air conditioner market for 2016-2020. To calculate the market size, the report considers the revenue generated in the residential consumer segment from the sale of inbuilt smart connected air conditioners.
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The market is divided into the following segments based on geography:
• APAC
• EMEA
• North America
Global smart connected air conditioner market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Daikin Industries
• Haier
• LG Electronics
• Mitsubishi Electric
• Samsung Electronics
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Other prominent vendors
• Videocon
• Voltas
• FUJITSU GENERAL
• Blue Star
• Friedrich
• Electrolux
Market driver
• Use of connectivity as a differentiating feature by manufacturers
• For a full, detailed list, view our report
Market challenge
• Lack of technological exposure and awareness hindering mass adoption of smart connected air conditioners
• For a full, detailed list, view our report
Market trend
• Custom cooling schedules in smart controlled air conditioners
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• 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?
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