Market Synopsis of Smart Appliances Market
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 products 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. Currently this market has been valued at US billions which is growing with the CAGR and expected to reach market size of US billions by the end of forecasted period. Technological advancement and high adoption rate of IoT are the major drivers of this market whereas high cost is some restrains for this market.
- 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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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)
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by technology, by deployment and by type and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Smart Appliances Market.
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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)
- 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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The reports also covers brief analysis of Geographical Region includes:
- North America
- Latin America
- Western Europe
- Rest of Western Europe
- Eastern Europe
- South Korea
- Rest of Asia Pacific
The Middle East& Africa
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