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Smart Home Appliances Market Analysis By Appliance (Home Appliances, Kitchen Appliances and Others) – With Forecast (2016-2021)
The Smart Home Appliances Market deals with the production and development of smart electronic connected devices for home purpose. Smart appliances provide connectivity in such a way that they can be controlled with help of remote from an electronic device like smart phone or tablet or a computer.The connected devices will allow the user to manage the home appliances from any corner of the house by using some kind of network that connects the user with the devices. Some of the major smart home products are washing machines, vacuum cleaners, refrigerators, microwave ovens, air conditioners, coffee makers, lighting systems, television sets, sound systems, garage doors, hot water systems, and gates. These are useful in either home appliances or kitchen appliances.
Scope & Regional Forecast of the Smart Home Appliances Market
Using smart home appliances results in energy savings and this is giving way to an increase in the demand for energy efficient connected home devices such as air conditioners, washing machines, microwave ovens and so on. Increasing adoption of mobile devices and expanding network of high-speed Internet, energy-efficient nature of smart home appliances are the key growth factors of the Smart Home Appliances Market.
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Technologically advanced products and technological advancements in the fields of connectivity mediums, sensors, microchips, and hardware products; and the declining prices of connectivity modules are creating new opportunities for the growth and development of Smart Home Appliances Market. However, the costs of these smart appliances are higher than the non smarter appliances.
North America is dominating the Smart Home Appliances Market by holding the largest share of the market. North America is also expected to continue healthy growth till the end of the forecast period, followed by Europe. Asia-Pacific is projected to attain the highest share by the end of the forecast period. Rest of the World is also expected to register moderate growth of the market due to rising adoption of smart house appliances.
Segmentations & Key Players Involved in the Smart Home Appliances Market
According to IndustryARC findings, the Smart Home Appliances Market can be broken down into various segmentations on the basis of –
Connectivity: Wi-Fi, Zig-Bee, EnOcean, Blue-tooth, RFID, NFC and Others.
Appliance: Home Appliances and Kitchen Appliances.
Region: Americas, Europe, Asia-Pacific and Others.
Some of the key players involved in the Smart Home Appliances Market according to IndustryARC are as follows:
GE
Samsung
Intel
Apple
Honeywell
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About IndustryARC:
IndustryARC is a Research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.
We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.
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