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The “Industrial Equipment Market Research Report by Product Type, Technology, Distribution Channel, Region – Global Forecast to 2027 – Impact of COVID-19” has been added to the’s offering.

The global home appliance market size is estimated at $34.92 billion in 2021, $38.12 billion in 2022, and is expected to grow at a CAGR of 9.43% to reach $59.99 billion in 2027.

Market Inspiration


  • Increasing Purchasing Power and Changing Individual Lifestyles

  • Manage the Rising Cost of Energy in Home Appliances

  • Government Subsidized Smart Homework


  • Great deals on smart home devices


  • Technological Innovations in Smart Home Devices

  • DIY Smart Home Designers Are Growing in Popularity


  • Lack of awareness among consumers in developing economies

Market Statistics:

The report provides market size and forecast across 7 major currencies – USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps management leaders make better decisions when money transfer data is available. In this report, the years 2018 and 2020 are considered as the previous years, 2021 is the base year, 2022 is the projected year, and the years from 2023 to 2027 are considered the forecast period.

Market Segmentation and Coverage:

This research report segments Smart Home Devices to forecast revenue and trends in each of the following submarkets:

  • On the basis of Product Type, the market was studied across Smart Air Units, Smart Dishwashers, Smart Tiles, Smart Boxes, Smart Security Devices, Smart Small Appliances, and Smart Washing Machines. Smart Small Appliances are studied across Coffee Machines, Toaster Ovens, and Dishwashers.

  • In terms of Technology, the market was studied across Bluetooth, Cellular Technology, Radio Frequency Identification (RFID), Wi-Fi, and ZigBee.

  • On the Distribution Channel, the market was studied both offline and online.

  • In terms of Region, the market was studied across the Americas, Asia-Pacific, and Europe, Middle East & Africa. Americans are studied throughout Argentina, Brazil, Canada, Mexico, and the United States. The United States is also studying across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. Asia-Pacific is also studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. Europe, Middle East & Africa are studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland , Turkey , United Arab Emirates, and United Kingdom.

FPNV Status Matrix:

The FPNV Positioning Matrix evaluates and categorizes vendors in the Education Center Market based on Business Strategy (Business Growth, Industry Structure, Financial Structure, and Channel Support) and Product Commitment (Value for Money, Ease of Use, Product Features, and Customer. Support) that help businesses make decisions and understand the competitive landscape.

Market Share Analysis:

The Market Share Monitor offers analysis of customers considering their contribution to the overall market. It provides an idea of ​​its revenue generation in the general market compared to other sellers in the area. It provides insight into how customers are performing in terms of revenue generation and customer base compared to others. Understanding market segments shows the size and competition of customers for a base year. It describes market trends in terms of accumulation, fragmentation, dominance, and merger trends.

Competition Scenario:

Competitive Analysis provides a visual overview of the various business growth strategies adopted by clients. The news in this section conveys important ideas in different areas while keeping the information about the business and engaging the stakeholders in the economic debate. The competitive landscape features press releases or reports of companies classified into Mergers and Acquisitions, Acquisitions, Collaborations and Partnerships, New Product Launches and Expansions, Investments and Financing, and Recognition, Recognition, and Promotion. All the collected reports help the customer to understand the market opportunities and the strengths and weaknesses of the competitor and therefore, provide ideas to enhance the product and service.

Key topics covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Analysis

5. Market Insights

6. Home Appliances Market, by Product Type

7. Medical Equipment Market, by Technology

8. Home Appliances Market, by Distribution Channel

9. America Smart Home Appliances Market

10. Asia Pacific Smart Home Appliances Market

11. Europe, Middle East & Africa Smart Home Appliances Market

12. Competitive Land

13. Company Usage Profiles

14. Appendix

Companies mentioned

  • Acuity Brands Lighting, Inc.

  • Apple, Inc.

  • BSH Hausgerate GmbH

  • Ecovacs Robotics, Inc.

  • Electrolux AB

  • General Electric Company

  • Haier Electronics Group Co., Ltd.

  • Hisense

  • iRobot Corporation

  • Johnson Controls International PLC

  • Koninklijke Philips NV

  • Legrand SA

  • LG Electronics, Inc.

  • Midea Group

  • Miele & Cie. KG

  • Mirc Electronics Limited

  • Neato Robotics, Inc.

  • Panasonic Corporation

  • Samsung Electronics Co., Ltd.

  • The company Schneider Electric SE

  • Siemens AG

  • Sony Group Company

  • Vivint, Inc.

  • Whirlpool Corporation

  • Xiaomi Corporation

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