NEW YORK, March 4, 2021 /PRNewswire/ -- The global smart home appliances market to grow by USD 31.66 billion, decelerating at a CAGR of over 16% during 2020-224. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Get a Free Sample Report Delivered Instantly
The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. AB Electrolux, General Electric Co., Koninklijke Philips NV, LG Electronics Inc., Mitsubishi Electric Corp., Panasonic Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp., and Whirlpool Corp. are some of the major market participants. The adoption of wireless connecting devices will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Smart Home Appliances Market 2020-2024: Segmentation
Smart Home Appliances Market is segmented as below:
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Smart Home Appliances Market 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, the smart home appliances market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include AB Electrolux, General Electric Co., Koninklijke Philips NV, LG Electronics Inc., Mitsubishi Electric Corp., Panasonic Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp., and Whirlpool Corp.
The report also covers the following areas:
Market trends such as the growing smartphone penetration and increasing internet speed is likely to emerge as one of the primary drivers of the market.
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Backed with competitive intelligence and benchmarking, our research reports on the smart home appliances market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
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Smart Home Appliances Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Distribution channel
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
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