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.
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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.
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.
The smart appliances market is segmented into component, technology, and end-user.
By component, the market is classified as products and services. Furthermore, the product segment is categorized into dishwasher, washing machine, air conditioner, refrigerator, security devices, lighting devices and others. Services segment is classified as professional and managed services. The professional services are categorized into consulting, repairs & maintenance, system integration, and others.
Based on technology, the market is divided into Wi-Fi, Zigbee, Bluetooth, RFID, cellular technology, NFC, Z-Wave, and others.
Lastly, the smart appliances market are sub-segmented into end user which include residential, government, and commercial.
Geographically, the smart appliances market is segmented into four different regions namely North America, Asia Pacific, Europe, and the Rest of World.
North America is presumed to have significant growth in the smart appliances market. The United States and Canada are leading countries in the region, due to the increasing adoption rate of IoT devices. Asia Pacific is also anticipated to be the fastest growing region in the smart appliances market over the forecast period. South Korea, India, Japan, and China are the leading countries in the smart appliances market. This is attributed to the rising disposable income among the middle-income population, driving the growth rate of the smart appliances market.
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- Raw material suppliers
- Electronic design automation (EDA) & design tool vendors
- Fabrication, wafer, & foundry process equipment vendors
- Various smart appliances manufacturing companies
- Research and development organizations
- Technology providers and investors
- Associations working on smart appliances
- Sensor provider Sensors chip traders & distributors
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.1.5 Bargaining Power Of Suppliers
4.2 Value Chain/Supply Chain Of Global Smart Appliances Market
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