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Global Smart Appliances Market To Grow At A CAGR Of 23.48% During The Period 2016-2020

Press Release   •   Nov 21, 2016 06:14 EST

MarketResearchReports.biz has recently announced the addition of a market study “ Global Smart Appliances Market 2016-2020 ”, is a comparative analysis of the global market.

About Smart Appliances

The global household appliances market is experiencing steady growth with the growing middle-class economy, improved disposable income levels in a number of countries, increase in labor costs, busier lifestyles, and the availability of a range of home appliances at competitive prices. With increasing digitalization, consumers have become tech-savvy and have strong knowledge regarding the use and benefits of all modern appliances. Also, the influence of social media on the Gen Y and the millennial population is further encouraging them to purchase appliances that can provide convenience and comfort.

Technavios analysts forecast the global smart appliances market to grow at a CAGR of 23.48% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart appliances market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of smart appliances worldwide.

The market is divided into the following segments based on geography:

APAC

Europe

MEA

North America

Technavio's report, Global Smart Appliances 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.

Download The sample Copy Of This Report: http://www.marketresearchreports.biz/sample/sample/860274

Key vendors

Electrolux

Haier

LG

Samsung

Whirlpool

Other prominent vendors

Dacor

Friedrich

FUJITSU GENERAL

Midea

Mitsubishi Electric

Panasonic

Robert Bosch

Videocon

Voltas

Market driver

Increased convenience and functional value of easily communicating with appliances remotely driving market

For a full, detailed list, view our report

Market challenge

Lack of technological exposure and awareness hindering mass adoption of smart connected appliances

For a full, detailed list, view our report

Market trend

Connectivity and other attractive features in smart connected appliances

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?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

Table Of Content

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Global smart appliances market

PART 06: Five forces analysis

PART 07: Market segmentation by product category

Summary by product

Smart kitchen appliances

Smart laundry appliances

Other smart appliances

PART 08: Market segmentation by distribution channel

PART 09: Geographical segmentation

Smart appliances market in Americas

Smart appliances market in Europe

Smart appliances market in APAC and MEA

PART 10: Key leading countries

US

China

Germany

Japan

UK

PART 11: Market drivers

Increased convenience and functional value of easily communicating with appliances remotely driving market

Use of connectivity as a differentiating feature by manufacturers

Energy efficiency as a motivating factor for consumers

PART 12: Impact of drivers

PART 13: Market challenges

Security concerns associated with smart air conditioners and IoT concept

Lack of technological exposure and awareness hindering mass adoption of smart connected appliances

Problems in standardization of communication protocol

High initial cost of smart appliances and low consumer base

PART 14: Impact of drivers and challenges

PART 15: Market trends

Connectivity and other attractive features in smart connected appliances

Players collaborating with popular online retailer Amazon

PART 16: Vendor landscape

Competitive scenario

Other prominent vendors

PART 17: Key vendor analysis

Electrolux

Haier

LG Electronics

Samsung Electronics

Whirlpool

PART 18: Appendix

List of abbreviations

PART 19: Explore Technavio