Global Smart Home Appliances Market Size, Share, Trends, Industry Growth by Product (Smart Refrigerators, Smart Washing Machines, Smart Air Purifiers, Smart TVs, Others), by Technology (Wi-Fi, Bluetooth, Others), by Distribution Channel, by Region, and Forecast to 2027

Price: 3600/- USD | Published Date: January 29, 2022 |

The global smart home appliances market size was valued at over USD 33 billion in 2021 and anticipated to witness a significant CAGR of around 17% during the forecast period 2021 to 2027. The increasing penetration of IoT (Internet of Things) and the growing penetration of smart homes across the world are some of the major factors to drive the market growth. Furthermore, the improving living standard, growing disposable income, and the rising purchasing power of consumers in developing economies are further expected to boost the market over the forecast period. Moreover, the growing demand for innovative products among consumers and the innovation in smart technologies are expected to fuel the market.

Market Segment Insights:

The global smart home appliances market is bifurcated into the product, technology, distribution channel, and geography. On the basis of product, the market is further segmented into smart refrigerators, smart washing machines, smart air purifiers, smart TVs, and others. The smart washing machines segment held the largest market share of around one-third percent of the market in 2020. The segment growth is attributed to the increasing penetration of smartphones coupled with wireless internet connections. On the flip side, the smart air purifier segment is estimated to grow at the highest growth rate due to the rising awareness regarding hygiene and the growing air pollution across the world.

On the basis of distribution channels, the market is segmented into online and offline channels. The offline channel dominated the global smart home appliances market in 2020 and is estimated to hold the largest revenue share of around two-third of the market by the end of the analysis period. On the flip side, the online distribution channel is expected to register the fastest growth rate over the forecast period. The rapidly growing e-commerce industry and the availability of branded products are some of the major factors to drive the segment growth. Furthermore, the busy lifestyle, on-door delivery, and the availability of a wide range of products are further expected to fuel the segment growth.

Smart Home Appliances Market Size

To know more about the study, request a report sample

The smart home appliances comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The smart home appliances market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Smart Home Appliances Market Segmentation:

By Product:

  • Smart Refrigerators
  • Smart Washing Machines
  • Smart Air Purifiers
  • Smart TVs
  • Others

By Technology:

By Distribution Channel:

  • Offline
  • Online

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Smart Home Appliances Market: Geographic Coverage

Geographically, the smart home appliances market report comprises dedicated sections centering on the regional market revenue and trends. The smart home appliances market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The smart home appliances market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Smart home appliances market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Smart Home Appliances Market: Competitive Assessment

Some of the leading market players operating in the global smart home appliances market are Electrolux AB, BSH Hausgerate GmbH, LG Corporation, GE Appliances, and Miele & Cie. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Electrolux AB
  • BSH Hausgerate GmbH
  • LG Corporation
  • GE Appliances
  • Miele & Cie
  • Samsung Electronics Co., Ltd.
  • Panasonic Corporation
  • Sony Group Corporation
  • Whirlpool Corporation
  • Xiaomi Corporation

Key Questions Answered by Smart Home Appliances Market Report

  • Global smart home appliances market forecasts from 2021-2027
  • Regional smart home appliances market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the regions as mentioned above
  • Smart home appliances submarket forecasts from 2021-2027 covering the market by product, by technology, by distribution channel, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about smart home appliances market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level smart home appliances markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the smart home appliances market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Smart Home Appliances Market Portraiture
2.2. Global Smart Home Appliances Market, by Product, 2020 (USD Mn)
2.3. Global Smart Home Appliances Market, by Technology, 2020 (USD Mn)
2.4. Global Smart Home Appliances Market, by Distribution Channel, 2020 (USD Mn)
2.5. Global Smart Home Appliances Market, by Geography, 2020 (USD Mn)

 

3. Global Smart Home Appliances Market Analysis


3.1. Smart Home Appliances Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Smart Home Appliances Market By Product, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Smart Refrigerators
4.3. Smart Washing Machines
4.4. Smart Air Purifiers
4.5. Smart TVs
4.6. Others

 

5. Global Smart Home Appliances Market By Technology, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Wi-Fi
5.3. Bluetooth
5.4. Others

 

6. Global Smart Home Appliances Market By Distribution Channel, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Offline
6.3. Online

 

7. North America Smart Home Appliances Market Analysis and Forecast, 2018 – 2027 (USD Mn)


7.1.1. Overview
7.1.2. North America Smart Home Appliances Market by Product (2018-2027 USD Mn)
7.1.3. North America Smart Home Appliances Market by Technology (2018-2027 USD Mn)
7.1.4. North America Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
7.1.5. North America Smart Home Appliances Market by Country (2018-2027 USD Mn)
7.1.5.1. U.S.
7.1.5.1.1. U.S. Smart Home Appliances Market by Product (2018-2027 USD Mn)
7.1.5.1.2. U.S. Smart Home Appliances Market by Technology (2018-2027 USD Mn)
7.1.5.1.3. U.S. Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
7.1.5.2. Canada
7.1.5.2.1. Canada Smart Home Appliances Market by Product (2018-2027 USD Mn)
7.1.5.2.2. Canada Smart Home Appliances Market by Technology (2018-2027 USD Mn)
7.1.5.2.3. Canada Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)

 

8. Europe Smart Home Appliances Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. Europe Smart Home Appliances Market by Product (2018-2027 USD Mn)
8.1.3. Europe Smart Home Appliances Market by Technology (2018-2027 USD Mn)
8.1.4. Europe Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
8.1.5. Europe Smart Home Appliances Market by Country (2018-2027 USD Mn)
8.1.5.1. Germany
8.1.5.1.1. Germany Smart Home Appliances Market by Product (2018-2027 USD Mn)
8.1.5.1.2. Germany Smart Home Appliances Market by Technology (2018-2027 USD Mn)
8.1.5.1.3. Germany Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
8.1.5.2. U.K.
8.1.5.2.1. U.K. Smart Home Appliances Market by Product (2018-2027 USD Mn)
8.1.5.2.2. U.K. Smart Home Appliances Market by Technology (2018-2027 USD Mn)
8.1.5.2.3. U.K. Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
8.1.5.3. France
8.1.5.3.1. France Smart Home Appliances Market by Product (2018-2027 USD Mn)
8.1.5.3.2. France Smart Home Appliances Market by Technology (2018-2027 USD Mn)
8.1.5.3.3. France Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
8.1.5.4. Italy
8.1.5.4.1. Italy Smart Home Appliances Market by Product (2018-2027 USD Mn)
8.1.5.4.2. Italy Smart Home Appliances Market by Technology (2018-2027 USD Mn)
8.1.5.4.3. Italy Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
8.1.5.5. Rest of Europe
8.1.5.5.1. Rest of Europe Smart Home Appliances Market by Product (2018-2027 USD Mn)
8.1.5.5.2. Rest of Europe Smart Home Appliances Market by Technology (2018-2027 USD Mn)
8.1.5.5.3. Rest of Europe Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)

 

9. Asia Pacific Smart Home Appliances Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Asia Pacific Smart Home Appliances Market by Product (2018-2027 USD Mn)
9.1.3. Asia Pacific Smart Home Appliances Market by Technology (2018-2027 USD Mn)
9.1.4. Asia Pacific Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
9.1.5. Asia Pacific Smart Home Appliances Market by Country (2018-2027 USD Mn)
9.1.5.1. China
9.1.5.1.1. China Smart Home Appliances Market by Product (2018-2027 USD Mn)
9.1.5.1.2. China Smart Home Appliances Market by Technology (2018-2027 USD Mn)
9.1.5.1.3. China Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
9.1.5.2. Japan
9.1.5.2.1. Japan Smart Home Appliances Market by Product (2018-2027 USD Mn)
9.1.5.2.2. Japan Smart Home Appliances Market by Technology (2018-2027 USD Mn)
9.1.5.2.3. Japan Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
9.1.5.3. Rest of Asia Pacific
9.1.5.3.1. Rest of Asia Pacific Smart Home Appliances Market by Product (2018-2027 USD Mn)
9.1.5.3.2. Rest of Asia Pacific Smart Home Appliances Market by Technology (2018-2027 USD Mn)
9.1.5.3.3. Rest of Asia Pacific Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)

 

10. Latin America (LATAM) Smart Home Appliances Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. Latin America Smart Home Appliances Market by Product (2018-2027 USD Mn)
10.1.3. Latin America Smart Home Appliances Market by Technology (2018-2027 USD Mn)
10.1.4. Latin America Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
10.1.5. Latin America Smart Home Appliances Market by Country (2018-2027 USD Mn)
10.1.5.1. Brazil
10.1.5.1.1. Brazil Smart Home Appliances Market by Product (2018-2027 USD Mn)
10.1.5.1.2. Brazil Smart Home Appliances Market by Technology (2018-2027 USD Mn)
10.1.5.1.3. Brazil Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
10.1.5.2. Mexico
10.1.5.2.1. Mexico Smart Home Appliances Market by Product (2018-2027 USD Mn)
10.1.5.2.2. Mexico Smart Home Appliances Market by Technology (2018-2027 USD Mn)
10.1.5.2.3. Mexico Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
10.1.5.3. Rest of Latin America
10.1.5.3.1. Rest of Latin America Smart Home Appliances Market by Product (2018-2027 USD Mn)
10.1.5.3.2. Rest of Latin America Smart Home Appliances Market by Technology (2018-2027 USD Mn)
10.1.5.3.3. Rest of Latin America Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)

 

11. Middle East and Africa Smart Home Appliances Market Analysis and Forecast, 2018 – 2027 (USD Mn)


11.1.1. Overview
11.1.2. MEA Smart Home Appliances Market by Product (2018-2027 USD Mn)
11.1.3. MEA Smart Home Appliances Market by Technology (2018-2027 USD Mn)
11.1.4. MEA Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
11.1.5. Middle East and Africa Smart Home Appliances Market, by Country (2018-2027 USD Mn)
11.1.5.1. GCC
11.1.5.1.1. GCC Smart Home Appliances Market by Product (2018-2027 USD Mn)
11.1.5.1.2. GCC Smart Home Appliances Market by Technology (2018-2027 USD Mn)
11.1.5.1.3. GCC Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
11.1.5.2. South Africa
11.1.5.2.1. South Africa Smart Home Appliances Market by Product (2018-2027 USD Mn)
11.1.5.2.2. South Africa Smart Home Appliances Market by Technology (2018-2027 USD Mn)
11.1.5.2.3. South Africa Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)
11.1.5.3. Rest of MEA
11.1.5.3.1. Rest of MEA Smart Home Appliances Market by Product (2018-2027 USD Mn)
11.1.5.3.2. Rest of MEA Smart Home Appliances Market by Technology (2018-2027 USD Mn)
11.1.5.3.3. Rest of MEA Smart Home Appliances Market by Distribution Channel (2018-2027 USD Mn)

 

12. Company Profiles


12.1. Electrolux AB
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. BSH Hausgerate GmbH
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. LG Corporation
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. GE Appliances
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. Miele & Cie
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. Samsung Electronics Co., Ltd.
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. Panasonic Corporation
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. Sony Group Corporation
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Whirlpool Corporation
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. Xiaomi Corporation
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
Fill the given form to inquiry before buying for Global Smart Home Appliances Market Size, Share, Trends, Industry Growth by Product (Smart Refrigerators, Smart Washing Machines, Smart Air Purifiers, Smart TVs, Others), by Technology (Wi-Fi, Bluetooth, Others), by Distribution Channel, by Region, and Forecast to 2027 Market Report

(Additional country analysis and conmapny analysis will be added according to the request, we provide free report customization)
(Report covers the impact of COVID-19 on the market)

Request Report Sample
Inquiry Before Buying
Schedule a Call


Select License Type
$ 3600/- Single User License
$ 4800/- Multi User License
$ 6800/- Corporate License

Paypal Certified Payment
For Any Assitance

Call Us: +91 989-368-5690
Email: sales@researchcorridor.com
Why To Choose Us:
  • Markets in over 100+ countries analyzed granularly
  • 35% of our total client are returning clients
  • 1000+ customers globally
  • 100+ paid data sources mined to bring cutting-edge insights
  • 24x5 availability - we are always there when you need us
  • "Free of Cost Report Customization" is available
  • Request a regional report at Best Price
  • Our expert team will assist you with all research need and customization
  • Our expert research analysts will resolve your every query before and after purchasing the report

Impacts of COVID-19
COVID-19 Impact on the Global Smart Home Appliances Market Size, Share, Trends, Industry Growth by Product (Smart Refrigerators, Smart Washing Machines, Smart Air Purifiers, Smart TVs, Others), by Technology (Wi-Fi, Bluetooth, Others), by Distribution Channel, by Region, and Forecast to 2027 Market


Our Clients