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Smart Home Appliances

Smart Home Appliances

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Smart Home Appliances
Global Smart Home Appliances Market to Reach $108.5 Billion by 2030
The global market for Smart Home Appliances estimated at US$41.2 Billion in the year 2022, is projected to reach a revised size of US$108.5 Billion by 2030, growing at a CAGR of 12.9% over the period 2022-2030. Smart Washing Machines & Dryers, one of the segments analyzed in the report, is projected to record 11.9% CAGR and reach US$29.1 Billion by the end of the analysis period. Growth in the Smart Air Purifiers segment is estimated at 14.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $9.7 Billion, While China is Forecast to Grow at 15.7% CAGR
The Smart Home Appliances market in the U.S. is estimated at US$9.7 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$25.2 Billion by the year 2030 trailing a CAGR of 15.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.4% and 12.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.3% CAGR.Select Competitors (Total 220 Featured) - AB Electrolux BSH Home Appliances Corporation Ecovacs Robotics Co., Ltd. General Electric Company Haier Group Corporation Hisense International Co., Ltd. Irobot Corporation Koninklijke Philips N.V. LG Electronics Inc. Midea Group Miele Mitsubishi Electric Corporation Neato Robotics, Inc. Panasonic Corporation Robert Bosch GmbH Samsung Electronics Co., Ltd. Sharp Corporation Whirlpool Corporation Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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