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World Smart Home

Appliances Market

Opportunities and Forecasts,

2014 - 2020

Category : Consumer & Retail

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Introduction to Report

Launch Date: December 1, 2015

Number of Pages: 102

Geography Coverage: Global

Available Format: PDF

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About the Report

World Smart Home Appliances - Market Opportunities and Forecast, 2014 - 2020, forecasts that the world smart home appliances market, would garner revenue of $38.35 billion by 2020, registering a CAGR of 16.6% during the forecast period of 2015–2020.

The demand of smart home appliances has triggered owing to growing concerns of energy costs and availability of innovative and affordable smart appliances. North America is leading the global market, with about 35% of the market share followed by Europe. However, Asia-Pacific region would emerge as a market leader by 2018. Wi-Fi, RFID and ZigBee are the most sought technologies in the smart home appliances market.

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Key Highlights:

Smart home appliances are next-generation home appliances that can receive, process and transmit information and communicate with devices such as smartphones, tablets and laptops to enable the user get real time information on the appliance along with remote access and control. According to the U.S. Energy Information Administration, the global energy demand would increase by nearly 37% by 2035.

The energy requirement per household has continually increased due to the aggrandized use of home appliances, creating a demandsupply gap for power companies.

In this scenario, smart home appliances would facilitate real-time communication, enabling the user to operate the appliance at lower frequencies or shift the operating time to off-peak period.

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Key Highlights Continues… Smart home appliances market is expected to witness a

significant growth during the analysis period, owing to the technological advancement in electronics and communication sectors and the growing need of energy efficiency. Additionally, increasing purchasing power and improving lifestyle would also foster the demand for smart home appliances, globally.

The world smart home appliances market is segmented into product type, technology and geography. Based on the product type, the market is segmented into washing machine, refrigerators, dishwashers, air conditioners and others (small electrical appliances such as coffee machine, vacuum cleaners).

Among the types of smart home appliances, smart washing machine generates the highest revenue in the market.

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Key Highlights Continues… Smart home appliances are operated using various

technologies, such as Wi-Fi, Radio Frequency Identification (RFID), ZigBee, cellular technology, Bluetooth and others. Wi-Fi, ZigBee and Bluetooth are the most widely used technologies in the market and this trend is expected to continue during the forecast period.

The market has been analyzed on the basis of key geographic regions, which include North America, Europe, Asia-Pacific and Latin America, Middle East and Africa (LAMEA). North American market is presently dominating the global market, owing to favorable market conditions and adequate awareness among customers regarding smart home appliances.

However, the Asia-Pacific region is anticipated to emerge as a market leader post 2017, owing to rising demand of these appliances in the China, India and Japan.

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Key Benefits:

This study highlights the current scenario of the world smart home appliances market along with its scope and identifies the ongoing trend of technological advancement for reducing the energy consumption

Porters Five Force Model depicts the potency of suppliers and buyers along with the competitive scenario of the market, to facilitate efficient strategic planning

The drivers and opportunities of the market have been examined to identify the current factors and upcoming technologies, which impact the market growth

The value chain analysis of the industry highlights the key intermediaries involved and their roles at every stage of the value chain

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Report Coverage:

1. Introduction

2. Executive Summary

3. Market Overview

4. World Smart Home Appliances Market By Product Type

5. World Smart Home Appliances Market By Technology

6. World Smart Home Appliances Market By Geography

7. Company Profiles

For more details regarding Report coverage see the last slideAll logos and Images mentioned on this slide belong to their respective owners.

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Company Coverage:1. General Electric Company

2. Panasonic Corporation

3. Electrolux AB

4. Electrolux AB

5. Samsung Electronics Co., Ltd.

6. Koninklijke Philips N.V.

7. Apple Inc.

8. Haier Electronics Group Co., Ltd.

9. Miele & Cie. KG

10. BSH Hausgerate GmbH

11. Whirlpool CorporationFor more details regarding Company coverage see the last slide

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