Smart Appliances Global Market – Overview
A smart appliance is a technologically enabled device that connects to smartphone, tablets or computers and gives the more access in terms of more information and more control. Smart Appliances are able to communicate with the network grid and can send their user alerts such as when the cookies are ready, or the laundry is cleaned. The smart appliances also send notifications to their users regarding any malfunction or any error such as dropping water pressure, or the door of the refrigerator is left opened. These feature helps the users to make their appliance more convenient and reduce the energy cost associated with it.
Another feature of smart appliance is remote control. Smart appliances can be controlled from any place by use of smartphone and internet. These feature is one of the major factor which is creating huge impact on the demand for the smart appliances around the world. Smart integration technology can also help the appliances to keep it in good conduction and push reminder to their users regarding the scheduled maintenance. Technological advancement is also allowing the smart appliances to generate the energy reports helping the user to keep track of the cost and energy. Increasing per capita income of the people and growing knowledge about the benefits offered by the smart appliances are some of the major driving factor of the market around the globe.
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Smart Appliances Global Market – Segmentation
- Segmentation by Technology: Wi-Fi, ZigBee, Z-Wave, Bluetooth, and NFC.
- Segmentation by Deployment: On cloud and on Premise.
- Segmentation by Type: Major Domestic Appliances (Washer, Refrigerator, Dryer, Dishwasher, Air conditioner & Freezer) & Small Domestic Appliances (Food Processors, Toasters, Coffee Makers among others)
The prominent players in Smart Appliances Market are – Cognitive Operational Systems, Inc. (U.S.), Haapie SAS (France), KinderLab Robotics (U.S.), Tinybots (Netherlands), BKIN Technologies Limited (Canada), R.U. Robots Limited (U.K.), Behaviour Labs SRL (Italy), Heron Robots SRL (Italy), Perceptronic Solutions, Inc. (U.S.), Cognitive Spring (U.S.) among others.
December, 2017, Hisense, a leader in smart appliance technology, today announced its HiSmart Portable AC and HiSmart Dehumidifier series now both work with Amazon Alexa. Featuring multi-directional air flow, a dual temperature display and library-quiet noise levels, the Hisense HiSmart Portable Air Conditioner unit is the perfect addition to any home. Consumers can control the unit with the HiSmart Air App via their smart phone from any location, or by asking Alexa. Similar to the HiSmart AC Unit, the Hisense HiSmart Dehumidifier can be controlled through a WiFi-connected smart phone from anywhere. Users can also receive alerts and program humidity set points for better energy efficiency through the free HiSmart Air application.
December, 2017, In a move to expand its smart home concept, Swedish furniture retailer Ikea is collaborating with US electronics company Sonos to develop a new home sound experience. This will be the third step for Ikea Home Smart which began in 2015 with the launch of wireless smartphone charging devices, followed by smart lighting in 2016. This latest collaboration is expected to launch in 2019 and is intended to create an atmosphere in the home around music and sound.
September, 2017, LG expands its list of Assistant-compatible appliances. LG announced its Google Home integration back in May, but at the time only a few models from its Signature line of appliances was compatible with the Assistant. LG is expanding this list now to 87 WiFi-connected refrigerators, ovens, dishwashers, washing machines, dryers, vacuums, air purifiers, A/Cs, and more. The integration first requires your appliance to be set up through the LG SmartThinQ app, and then you have to link that to your Assistant.
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Smart Appliances Global Market – Regional Analysis
North America is dominating the market of smart appliances. Presence of global players in U.S. and high per capita income of the American people is one of the major driving factor of the market in North America region. Also, technological advancement and high investment in R&D by the core companies is also playing major role in the market growth. In North America, U.S. is dominating the market accounting for more than 60% of the market. Developed economy and growing demand for the advance appliances is driving the market in the U.S. Asia-Pacific region has emerged as fastest growing market for smart appliances. Growth of Asian countries such as India and China and increasing per capita income and expenditure towards the home appliances are some of the major factor driving the market.
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