Press release
Rising Trend in Smart Washing Machines Market: Growth Drivers, Key Players, and Future Trends
Smart Washing Machines Market Size
What Is The Projected Market Size Of The Global Smart Washing Machines Market And Its Growth Rate?
The global smart washing machines market has been experiencing substantial growth and this trend is expected to continue into the near future.
•The market will grow from $23.17 billion in 2024 to $26.87 billion in 2025, at a CAGR of 16.0%.
•The increase in disposable income, rapid urbanization, strong economic growth, and a surge in merger and acquisition activities in emerging markets have contributed to this impressive growth.
•The smart washing machines market is projected to further expand to $43.41 billion in 2029 with a CAGR of 12.7%.
•Key growth drivers include increasing smart homes, the adoption of IoT, demand for energy-efficient products, rapid growth in ecommerce, the adoption of 5G networks, smart manufacturers, and increased internet penetration.
What Is Driving The Growth In The Smart Washing Machines Market?
The climb in demand for energy-efficient washing machines is a key driver for the smart washing machines market. Smart washing machines capable of producing energy-efficient products reduce the carbon footprint and enable energy savings for consumers. This rise is attributed to stringent government regulations on electric home appliances and advances in technology. The U.S. Energy Information Administration (EIA) projects a 37% increase in global energy demand by 2035 due to rising energy requirements per household. Currently, more than 80 countries have standards and labeling for energy-efficient machines. Hence, smart washing machines are predicted to boost the market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3133&type=smp
Who Are the Key Players Driving Smart Washing Machines Market Growth?
The smart washing machine market growth is propelled by the following key players:
•Haier Smart Home Co., Ltd.
•LG Electronics
•Whirlpool Corporation
•AB Electrolux
•Panasonic Corporation
•Samsung Electronics Co Ltd
•Arcelik A.S.
•Xiaomi Corporation
•Robert Bosch GmbH
•Miele and Cie KG
•And others
What Are The Key Trends In The Smart Washing Machines Market?
The smart washing machines market size is showing trends such as:
•Focus on Artificial Intelligence (AI)-powered washing machines
•Focus on Wi-Fi enabled washing machines
•Focus on voice-enabled washing machines
•Focus on product innovations
•Focus on IoT technology
What Are The Segments Of The Global Smart Washing Machines Market?
The market segments of smart washing machines are as follows:
•By Type: Top Load, Front Load
•By Connectivity: Wi-Fi, Bluetooth, Near-Field-Communication (NFC), Other Connectivities
•By Application: Residential, Commercial
Which Region Leads The Smart Washing Machines Market?
Asia-Pacific was the largest region in the smart washing machines market in 2024, with Western Europe as the second-largest region. The regions covered in the smart washing machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/smart-washing-machines-global-market-report
What Is Covered In The Smart Washing Machines Market Global Market Report?
- Market Size Analysis: Analyze the Smart Washing Machines Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Smart Washing Machines Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Smart Washing Machines Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Smart Washing Machines Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report
https://www.thebusinessresearchcompany.com/customise?id=3133&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rising Trend in Smart Washing Machines Market: Growth Drivers, Key Players, and Future Trends here
News-ID: 3839096 • Views: …
More Releases from The Business Research Company
Major Growth Driver Identified in 2025 Biopsy Devices Market: Rising Cancer Inci …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Biopsy Devices Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The biopsy devices market has experienced robust growth in the past few years. It is projected to increase from $3.03 billion in 2024 to $3.24 billion in 2025, with a compound annual growth rate (CAGR)…
Increasing Prevalence Of Osteoarthritis In 3D Printed Medical Devices Market Eme …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the 3D Printed Medical Devices Market Through 2025?
The market size for 3D printed medical devices has seen explosive growth recently. The market is predicted to expand from its value of $3.32 billion in 2024 to reach $4.1 billion in 2025, showcasing a…
Transcranial Magnetic Stimulator Market Growth Accelerates: Strategic Forecast P …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Transcranial Magnetic Stimulator Industry Market Size Be by 2025?
The market for transcranial magnetic stimulators has seen substantial growth in the past few years. The market is projected to expand from $1.29 billion in 2024 to $1.39 billion in 2025, with a compound annual growth rate…
Surge In Gastrointestinal Surgery Procedures Fuels Growth In The Surgical Stapli …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Surgical Stapling Devices Market Size By 2025?
The market for surgical stapling devices has expanded significantly in recent years, with projections showing it growing from $4.16 billion in 2024 to $4.51 billion in 2025, a compound annual growth rate (CAGR) of 8.5%. The historical growth…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
