Press release
Smart Appliances Market Outlook and Worldwide Forecast to 2027
Market Scenario
Smart Appliances market has been growing significantly and with the introduction of IoT and smart devices, this market has seen tremendous opportunities in the upcoming years. Smart appliances are those product which can be operated through a mobile device and is accessible from anyplace. As IoT is growing and companies are discovering new products to change the living style, demand for smart appliances has grown. Technological advancement and high adoption rate of IoT are the major drivers of this market whereas high cost are some restrains for this market.
Market Segmentation
• Segmentation by Technology: Wi-Fi, ZigBee, Z-Wave, Bluetooth, and NFC.
• Segmentation by Deployment: On cloud and on Premise.
• Segmentation by Type: Major Domestic Appliances (Washer, Refrigerator, Dryer, Dishwasher, Air conditioner & Freezer) & Small Domestic Appliances (Food Processors, Toasters, Coffee Makers among others)
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Key players
The key players in the market of Smart Appliances are-
• Samsung (South Korea),
• Panasonic Corp. (Japan),
• Whirlpool Corp. (U.S.),
• Haier Co. Ltd. (China),
• Electrolux AB (Sweden),
• BSH Hausgerate GmbH (Germany),
• LG Inc. (South Korea),
• General Electric Co. (U.S.),
• Miele & Cie. KG (Germany),
• Philips N.V. (Netherlands),
• Groupe SEB (France) among others.
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Industry News
• In the January 2016, Samsung electronics announced the launch of complete new concept based refrigerator.
• In the December 2015, Whirlpool announced the new smart products for kitchen which are compatible with nest.
• In May Electrolux announced the launch of new products for next generation housing.
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Study Objective of Smart Appliances Market
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Smart Appliances Market
• To provide insights about factors affecting the market growth
• To analyze the Smart Appliances market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
Regional Analysis
The main reason behind this is the technologic advantage which countries of North America holds. The consumption ratio of electronic equipment’s in North America is very high resulting more demand. Asia-Pacific has emerged as fastest growing market.
The reports also covers brief analysis of Geographical Region includes:
Americas
• North America
• US
• Canada
Europe
• Western Europe
• Germany
• France
• Italy
• Spain
• U.K
• Rest of Western Europe
• Eastern Europe
Asia– Pacific
Asia
• China
• India
• Japan
• South Korea
• Rest of Asia
Pacific
The Middle East& Africa
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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