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$ 31.66 Billion Growth in Global Smart Home Appliances Market 2020-2024| Rising Adoption of Wireless Connecting Devices to Boost Growth | TechnavioNEW 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:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40419 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. Register for a free trial today and gain instant access to 17,000+ market research reports.
Global Household Appliance Market - Global household appliance market is segmented by Product (major household appliances and small household appliances), Distribution channel (Offline and Online), and Geography (APAC, Europe, North America, South America, and MEA). Get an Exclusive Free Sample Report 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
Technavio's in-depth market research reports now include a thorough analysis of the COVID-19 impact on various markets to help industry leaders navigate their business through the new normal. Receive Latest Free Sample Report in Minutes About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research
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