Smart Home Appliances Market to Witness 14% YOY in 2022| 32% of the growth to originate from North America | 17,000+ Technavio Reports

Smart Home Appliances Market 2022-2026: Driver and Challenge Insights

The product innovation in terms of technology, performance, features, and design is notably driving the smart home appliances market growth. Smart home appliances are equipped with cameras, sensors, and connectivity features to enable remote monitoring and control. For instance, Samsung Electronics offers a Counter Depth 4-Door French Door Refrigerator with Family Hub Recessed Handles. Many smart home appliances can shop online without any intervention from the end-users. In addition, another key factor driving the global smart home appliances market growth is the introduction of additional features in smart home appliances. As the availability of ample space is a major issue for most consumers living in compact homes, players are now trying to come up with appliances that have connectivity features, as well as sleek designs and other attractive features.

However, one of the key challenges to the global smart home appliances market growth is the high cost of smart home appliances. Owing to this high-cost factor, it becomes difficult for manufacturers to convince consumers to upgrade their regular home appliances with the smart connected variety. The technology used in smart home appliances is complex and needs in-depth R&D activities, for which huge investments are required. These factors, therefore, are expected to be an obstacle to market growth during the forecast period.

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Smart Home Appliances Market 2022-2026: Key Segment Highlights

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Smart Home Appliances Market 2022-2026: Vendor Analysis

The smart home appliances market is fragmented and the vendors are deploying growth strategies such as investment in R&D to develop innovative and improved quality products to compete in the market. Companies are engaging in launching innovative products to gain an upper edge in the market. For instance,General Electric Co. offers a wide range of smart home appliances such as refrigerators, dishwashers, ovens, ranges, washers, dryers, air conditioning units, and water heaters. Backed with competitive intelligence and benchmarking, our research reports on the smart home appliances market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Some of the key vendors and their strategies covered in this report are:

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Smart Home Appliances Market 2022-2026: Scope

Technavio categorizes the global smart home appliances market as a part of the global household appliances market. Our report provides extensive information on the value chain analysis for the smart home appliances market, which vendors can leverage to gain a competitive advantage during the forecast period.Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our smart home appliances market report covers the following areas:

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Smart Home Appliances Market 2022-2026: Key Highlights

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Table Of Contents :

***1. Executive Summary

***2. Market Landscape

**2.1 Market ecosystem

*Exhibit 01: Parent market

**2.2: Market Characteristics

*Exhibit 02: Market Characteristics

***3. Market Sizing

**3.1 Market definition

*Exhibit 03: Offerings of vendors included in the market definition

**3.2 Market segment analysis

*Exhibit 04: Market segments

**3.3 Market size 2020

**3.4 Market outlook: Forecast for 2020 - 2025

*Exhibit 05: Chart on Global - Market size and forecast 2021-2026 ($ million)

*Exhibit 06: Data Table on Global - Market size and forecast 2021-2026 ($ million)

*Exhibit 07: Chart on Global Market: Year-over-year growth 2021-2026 (%)

*Exhibit 08: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

***4. Five Forces Analysis

**4.1 Five Forces Summary

*Exhibit 09: Five forces analysis 2021 & 2026

**4.2 Bargaining power of buyers

*Exhibit 10: Bargaining power of buyers

**4.3 Bargaining power of suppliers

*Exhibit 11: Bargaining power of suppliers

**4.4 Threat of new entrants

*Exhibit 12: Threat of new entrants

**4.5 Threat of substitutes

*Exhibit 13: Threat of substitutes

**4.6 Threat of rivalry

*Exhibit 14: Threat of rivalry

**4.7 Market condition

*Exhibit 15: Market condition - Five forces 2021

***5 Market Segmentation by Distribution Channel

**5.1 Market segments

*The segments covered in this chapter are Offline and Online.

*Exhibit 16: Chart on Distribution Channel - Market share 2021-2026 (%)

*Exhibit 17: Data Table on Distribution Channel - Market share 2021-2026 (%)

**5.2 Comparison by Distribution Channel

*Exhibit 18: Chart on Comparison by Distribution Channel

*Exhibit 19: Data Table on Comparison by Distribution Channel

**5.3 Offline - Market size and forecast 2021-2026

* Exhibit 20: Market size and forecast 2021-2026

Exhibit 29: Chart on Offline - Market size and forecast 2021-2026 ($ million)

*Exhibit 21: Data Table on Offline - Market size and forecast 2021-2026 ($ million)

*Exhibit 22: Chart on Offline - Year-over-year growth 2021-2026 (%)

*Exhibit 23: Data Table on Offline - Year-over-year growth 2021-2026 (%)

**5.4 Online - Market size and forecast 2021-2026

*Exhibit 24: Chart on Online - Market size and forecast 2021-2026 ($ million)

*Exhibit 25: Data Table on Online - Market size and forecast 2021-2026 ($ million)

*Exhibit 26: Chart on Online - Year-over-year growth 2021-2026 (%)

*Exhibit 27: Data Table on Online - Year-over-year growth 2021-2026 (%)

**5.5 Market opportunity by Distribution Channel

*Exhibit 28: Market opportunity by Distribution Channel ($ million)

***6 Market Segmentation by Product

**6.1 Market segments

*The segments covered in this chapter are Smart washing machines and dryers, Smart air conditioners, Smart refrigerators, Smart microwave ovens, and Smart dishwashers.

*Exhibit 29: Chart on Product - Market share 2021-2026 (%)

*Exhibit 30: Data Table on Product - Market share 2021-2026 (%)

**6.2 Comparison by Product

*Exhibit 31: Chart on Comparison by Product

*Exhibit 32: Data Table on Comparison by Product

**6.3 Smart washing machines and dryers - Market size and forecast 2021-2026

*Exhibit 33: Chart on Smart washing machines and dryers - Market size and forecast 2021-2026 ($ million)

*Exhibit 34: Data Table on Smart washing machines and dryers - Market size and forecast 2021-2026 ($ million)

*Exhibit 35: Chart on Smart washing machines and dryers - Year-over-year growth 2021-2026 (%)

*Exhibit 36: Data Table on Smart washing machines and dryers - Year-over-year growth 2021-2026 (%)

**6.4 Smart air conditioners - Market size and forecast 2021-2026

*Exhibit 37: Chart on Smart air conditioners - Market size and forecast 2021-2026 ($ million)

*Exhibit 38: Data Table on Smart air conditioners - Market size and forecast 2021-2026 ($ million)

*Exhibit 39: Chart on Smart air conditioners - Year-over-year growth 2021-2026 (%)

*Exhibit 40: Data Table on Smart air conditioners - Year-over-year growth 2021-2026 (%)

**6.5 Smart refrigerators - Market size and forecast 2021-2026

*Exhibit 41: Chart on Smart refrigerators - Market size and forecast 2021-2026 ($ million)

*Exhibit 42: Data Table on Smart refrigerators - Market size and forecast 2021-2026 ($ million)

*Exhibit 43: Chart on Smart refrigerators - Year-over-year growth 2021-2026 (%)

*Exhibit 44: Data Table on Smart refrigerators - Year-over-year growth 2021-2026 (%)

**6.6 Smart microwave ovens - Market size and forecast 2021-2026

*Exhibit 45: Chart on Smart microwave ovens - Market size and forecast 2021-2026 ($ million)

*Exhibit 46: Data Table on Smart microwave ovens - Market size and forecast 2021-2026 ($ million)

*Exhibit 47: Chart on Smart microwave ovens - Year-over-year growth 2021-2026 (%)

*Exhibit 48: Data Table on Smart microwave ovens - Year-over-year growth 2021-2026 (%)

**6.7 Smart dishwashers - Market size and forecast 2021-2026

*Exhibit 49: Chart on Smart dishwashers - Market size and forecast 2021-2026 ($ million)

*Exhibit 50: Data Table on Smart dishwashers - Market size and forecast 2021-2026 ($ million)

*Exhibit 51: Chart on Smart dishwashers - Year-over-year growth 2021-2026 (%)

*Exhibit 52: Data Table on Smart dishwashers - Year-over-year growth 2021-2026 (%)

**6.8 Market opportunity by Product

*Exhibit 53: Market opportunity by Product ($ million)

***7 Customer Landscape

**7.1 Customer landscape overview

*Exhibit 54: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

***8 Geographic Landscape

**8.1 Geographic segmentation

*Exhibit 55: Chart on Market share by geography 2021-2026 (%)

*Exhibit 56: Data Table on Market share by geography 2021-2026 (%)

**8.2 Geographic comparison

*Exhibit 57: Chart on Geographic comparison

*Exhibit 58: Data Table on Geographic comparison

**8.3 North America - Market size and forecast 2021-2026

*Exhibit 59: Chart on North America - Market size and forecast 2021-2026 ($ million)

*Exhibit 60: Data Table on North America - Market size and forecast 2021-2026 ($ million)

*Exhibit 61: Chart on North America - Year-over-year growth 2021-2026 (%)

*Exhibit 62: Data Table on North America - Year-over-year growth 2021-2026 (%)

**8.4 Europe - Market size and forecast 2021-2026

*Exhibit 63: Chart on Europe - Market size and forecast 2021-2026 ($ million)

*Exhibit 64: Data Table on Europe - Market size and forecast 2021-2026 ($ million)

*Exhibit 65: Chart on Europe - Year-over-year growth 2021-2026 (%)

*Exhibit 66: Data Table on Europe - Year-over-year growth 2021-2026 (%)

**8.5 APAC - Market size and forecast 2021-2026

*Exhibit 67: Chart on APAC - Market size and forecast 2021-2026 ($ million)

*Exhibit 68: Data Table on APAC - Market size and forecast 2021-2026 ($ million)

*Exhibit 69: Chart on APAC - Year-over-year growth 2021-2026 (%)

*Exhibit 70: Data Table on APAC - Year-over-year growth 2021-2026 (%)

**8.6 South America - Market size and forecast 2021-2026

*Exhibit 71: Chart on South America - Market size and forecast 2021-2026 ($ million)

*Exhibit 72: Data Table on South America - Market size and forecast 2021-2026 ($ million)

*Exhibit 73: Chart on South America - Year-over-year growth 2021-2026 (%)

*Exhibit 74: Data Table on South America - Year-over-year growth 2021-2026 (%)

**8.7 Middle East and Africa - Market size and forecast 2021-2026

*Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

*Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)

*Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)

*Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

**8.8 US - Market size and forecast 2021-2026

*Exhibit 79: Chart on US - Market size and forecast 2021-2026 ($ million)

*Exhibit 80: Data Table on US - Market size and forecast 2021-2026 ($ million)

*Exhibit 81: Chart on US - Year-over-year growth 2021-2026 (%)

*Exhibit 82: Data Table on US - Year-over-year growth 2021-2026 (%)

**8.9 China - Market size and forecast 2021-2026

*Exhibit 83: Chart on China - Market size and forecast 2021-2026 ($ million)

*Exhibit 84: Data Table on China - Market size and forecast 2021-2026 ($ million)

*Exhibit 85: Chart on China - Year-over-year growth 2021-2026 (%)

*Exhibit 86: Data Table on China - Year-over-year growth 2021-2026 (%)

**8.10 Germany - Market size and forecast 2021-2026

*Exhibit 87: Chart on Germany - Market size and forecast 2021-2026 ($ million)

*Exhibit 88: Data Table on Germany - Market size and forecast 2021-2026 ($ million)

*Exhibit 89: Chart on Germany - Year-over-year growth 2021-2026 (%)

*Exhibit 90: Data Table on Germany - Year-over-year growth 2021-2026 (%)

**8.11 Canada - Market size and forecast 2021-2026

*Exhibit 91: Chart on Canada - Market size and forecast 2021-2026 ($ million)

*Exhibit 92: Data Table on Canada - Market size and forecast 2021-2026 ($ million)

*Exhibit 93: Chart on Canada - Year-over-year growth 2021-2026 (%)

*Exhibit 94: Data Table on Canada - Year-over-year growth 2021-2026 (%)

**8.12 UK - Market size and forecast 2021-2026

*Exhibit 95: Chart on UK - Market size and forecast 2021-2026 ($ million)

*Exhibit 96: Data Table on UK - Market size and forecast 2021-2026 ($ million)

*Exhibit 97: Chart on UK - Year-over-year growth 2021-2026 (%)

*Exhibit 98: Data Table on UK - Year-over-year growth 2021-2026 (%)

**8.13 Market opportunity by geography

*Exhibit 99: Market opportunity by geography ($ million)

***9 Drivers, Challenges, and Trends

**9.1 Market drivers

*9.1.1 Product innovation in terms of technology, performance, features, and design

*9.1.2 Periodic revisions in energy efficiency standards

*9.1.3 Growing adoption of wireless connecting devices and IoT

**9.2 Market challenges

*9.2.1 High cost of smart home appliances

*9.2.2 Privacy issues with respect to data

*9.2.3 Lack of awareness in developing and underdeveloped countries

**9.3 Impact of drivers and challenges

*Exhibit 100: Impact of drivers and challenges in 2021 and 2026

**9.4 Market trends

*9.4.1 Introduction of additional features in smart home appliances

*9.4.2 Partnerships with other companies

*9.4.3 Increasing M and A activities

***10. Vendor Landscape

**10.1Competitive scenario

**10.2Vendor landscape

*Exhibit 101: Vendor Landscape

**10.3Landscape disruption

*Exhibit 102: Landscape disruption

**10.4Industry risks

*Exhibit 103: Industry risks

***11.Vendor Analysis

**11.1Vendors covered

*Exhibit 104: Vendors covered

**10.2 Market positioning of vendors

*Exhibit 105: Matrix on vendor position and classification

**11.3 AB Electrolux

*Exhibit 106: AB Electrolux - Overview

*Exhibit 107: AB Electrolux - Business segments

*Exhibit 108: AB Electrolux - Key news

*Exhibit 109: AB Electrolux - Key offerings

*Exhibit 110: AB Electrolux - Segment focus

**11.4 General Electric Co.

*Exhibit 111: General Electric Co. - Overview

*Exhibit 112: General Electric Co. - Business segments

*Exhibit 113: General Electric Co. - Key news

*Exhibit 114: General Electric Co. - Key offerings

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