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Smart Appliances Market 2019- Design Competition Strategies by Identifying Who-Stands-Where in the Market

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Akash Sangshetti
Smart Appliances Market 2019- Design Competition Strategies by Identifying Who-Stands-Where in the Market

Market Highlights

Globally, the Smart Appliances are expected to reach USD 595.49 billion with 17.51% CAGR by the end of 2027. The growth of the market is due to surging energy prices and abundance of wireless solutions. Additionally, increase the adoption rate of Machine to Machine (M2M) communications is expected to be a better prospect for the growth of the market over the forecast period.

The smart appliances market is segmented into the component, technology, and end-user.

By component, the market is classified as products and services. Furthermore, the product segment is categorized into dishwasher, washing machine, air conditioner, refrigerator, security devices, lighting devices and others. Services segment is classified as professional and managed services. The professional services are categorized into consulting, repairs & maintenance, system integration and others.

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Based on technology, the market is divided into Wi-Fi, Zigbee, Bluetooth, RFID, cellular technology, NFC, Z-Wave, and others.

Lastly, the smart appliances market are sub-segmented into end user which include residential, government, and commercial.

Regional Analysis

Geographically, the smart appliances market are categorized into four different regions namely North America, Asia Pacific, Europe and the Rest of the World.

North America is presumed to have significant growth in the Smart Appliances Market. The U.S and Canada are the leading countries in the region. This is due to increasing adoption of automation and security solutions in smart appliances. Asia Pacific is also anticipated to be the fastest growing region in the smart appliances market over the forecast period. Japan, South Korea, Taiwan, India, and China are the prominent countries in the region driving the growth. This is attributed to increasing demand for energy efficient appliances for the home appliances.

Segmentation

The smart appliances market is segmented into component, technology, and end-user.

By component, the market is classified as products and services. Furthermore, the product segment is categorized into dishwasher, washing machine, air conditioner, refrigerator, security devices, lighting devices and others. Services segment is classified as professional and managed services. The professional services are categorized into consulting, repairs & maintenance, system integration, and others.

Based on technology, the market is divided into Wi-Fi, Zigbee, Bluetooth, RFID, cellular technology, NFC, Z-Wave, and others.

Lastly, the smart appliances market are sub-segmented into end user which include residential, government, and commercial.

Key Players:

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) among others.

Target audience

  • Raw material suppliers
  • Electronic design automation (EDA) & design tool vendors
  • Fabrication, wafer, & foundry process equipment vendors
  • Various smart appliances manufacturing companies
  • Research and development organizations
  • Technology providers and investors
  • Associations working on smart appliances
  • Sensor provider Sensors chip traders & distributors

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TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.1.5 Bargaining Power Of Suppliers

4.2 Value Chain/Supply Chain Of Global Smart Appliances Market

5 Industry Overview Of Global Smart Appliances Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

Continued…

Know More about this Report @ https://www.reuters.com/brandfeatures/venture-capital/article?id=70067

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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