Smart Appliances Market by Smart Home Appliances (Washer, Dryer, Air Conditioner, Vacuum Cleaner), Smart Kitchen Appliances (Refrigerator, Dishwasher, Freezer), Technology (Wi-Fi, NFC, Bluetooth), End User, and Region - Global Forecast to 2020

Published: September 2015
No. of Pages: 168
Single User License: US $ 5650
Corporate User License: US $ 8150

Smart appliances are the next generation of home appliances that have the ability to receive, interpret, and act on a signal received from a user, and then they automatically adjust their operation to save energy. They are equipped with different sensors and designed with connectivity features that can connect to handheld devices such as smart phones and tablets as well as other household appliances. The smart appliances market is expected to witness high growth in the near future due to technological advancements in smart appliances.

A key driving factor for the growth of the smart appliances market is increasing energy prices. Besides, several other factors such as changing lifestyles and preferences of consumers, the availability of wireless connectivity, and enhanced government regulations regarding energy consumption are also propelling the growth of the market. However, some of the restraining factors for the growth of the smart appliances market include privacy concerns among end users and the lack of awareness about the benefits of smart appliances. The large scale digitization and emergence of machine to machine (M2M) communication are some of the key opportunities for the smart appliances market.

The smart appliances market report analyzes the market by type, end user, and technology. The smart appliances market has been segmented based on type into smart home appliances, smart kitchen appliances, and services. The end user segment includes residential and commercial end users. The technology covers Wi-Fi, NFC, and Bluetooth. Currently, smart appliances with Wi-Fi hold a large market share and the trend is expected to continue during the forecast period. Moreover, the market for smart appliances with Wi-Fi is expected to grow at a high CAGR of 16.0% between 2015 and 2020.

The report also provides the geographic view for major regions– the Americas, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW). This report covers the drivers, restraints, and opportunities along with their impact on the smart appliances market. The Americas is the largest market for smart appliances; however, the market in APAC is estimated to grow at the highest CAGR between 2015and 2020. The key players in the market include General Electric Co. (U.S.), Koninklijke Philips N.V. (Netherlands), BSHHausgerate GmbH (Germany), LG Electronics Inc. (South Korea), Panasonic Corp. (Japan), Samsung Electronics Co. Ltd. (South Korea), and Whirlpool Corp. (U.S.) among others.

Key Takeaways:

  • The market for smart appliances market is expected to grow at a CAGR of 15.4% between 2015 and 2020.
  • This report includes the market statistics pertaining to type, technology, end user, and geography along with their respective revenues.
  • The Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the smart appliances market.
  • Major drivers, restraints, and opportunities for the smart appliances market have been detailed in this report.
  • Illustrative segmentation, analysis, and forecast for the markets based on type, technology, end user, and geography has been conducted to give an overall view of the smart appliances market.
  • A detailed competitive landscape includes key players, in-depth analysis, and revenue of key players.

Published By: MarketsandMarkets
Product Code: MarketsandMarkets2811

Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:


  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest:

We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy