Smart Home Appliances Market Research Report by Forecast to 2023
Smart Home Appliances Industry Research Report by Forecast to 2023
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Smart Home Appliances Market Research Report by Forecast to 2023
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Smart Home Appliances Market Research Report by Forecast to 2023
Summary As compared to other regions, the smart home appliances market in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of smart home appliances market. This is owing to the presence of large number of established key players and investments in smart grid projects in that region. In addition to this, the region also has a well-established infrastructure which allows higher penetration of devices which ultimately provides high speed connectivity and is expected to be a major factor for the growth of smart home appliances market. Increasing government initiatives for the adoption of energy efficient devices is another factor contributing to the growth of Smart Home Appliances Industry.
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Smart Home Appliances Market Research Report by Forecast to 2023
Major Key Players: • • • • • • •
Electrolux (Sweden) Haier Group Corporation (China) LG Electronics, Inc. (Korea) Samsung Group (Korea) Whirlpool Corporation (U.S.) Dacor (U.S.) Fujitsu General Limited (Japan)
Segmentation: •
•
Based on the product, the global smart home appliances market has been segmented into dishwasher, refrigerator, lighting devices, washing machine, security devices, air conditioner, and others. The increasing sales of consumer electronic items is expected to bolster the growth of the product segment. Based on the technology, the global smart home appliances market has been segmented into ZigBee, Wi-Fi, Bluetooth, radio frequency identification, cellular technology, and others.
Regional Analysis: Regionally, the global smart home appliances has been studied across North America, South America, Asia Pacific, Europe, and the Rest of the World (RoW). The growing demand for innovative smart home products in emerging economies such as China, Japan, and India and the hike in disposable income of people are factors, which are likely to surge the APAC smart home appliances market. The firm technical infrastructure in North America is also likely to contribute to the smart home appliances market growth.
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Smart Home Appliances Market Research Report by Forecast to 2023
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