Pune, India -- (SBWIRE) -- 05/23/2017 -- Market Synopsis of Smart Appliances Market

Market Scenario

Smart Appliances market has been growing significantly and with the introduction of IoT and smart devices, this market has seen tremendous opportunities in the upcoming years. Smart appliances are those product which can be operated through a mobile device and is accessible from anyplace. As IoT is growing and companies are discovering new products to change the living style, demand for smart appliances has grown. Technological advancement and high adoption rate of IoT are the major drivers of this market whereas high cost are some restrains for this market.

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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)

Key players

The key players in the market of Smart Appliances are-
-Samsung (South Korea),
-Panasonic Corp. (Japan),
-Whirlpool Corp. (U.S.),
-Haier Co. Ltd. (China),
-Electrolux AB (Sweden),
-BSH Hausgerate GmbH (Germany),
-LG Inc. (South Korea),
-General Electric Co. (U.S.),
-Miele & Cie. KG (Germany),
-Philips N.V. (Netherlands),
-Groupe SEB (France) among others.

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Industry News

In the January 2016, Samsung electronics announced the launch of complete new concept based refrigerator.

In the December 2015, Whirlpool announced the new smart products for kitchen which are compatible with nest.

In May Electrolux announced the launch of new products for next generation housing.

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Study Objective of Smart Appliances Market

To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Smart Appliances Market

To provide insights about factors affecting the market growth

To analyze the Smart Appliances market based on various factors- price analysis, supply chain analysis, porter's five force analysis etc.

Regional Analysis

The main reason behind this is the technologic advantage which countries of North America holds. The consumption ratio of electronic equipment's in North America is very high resulting more demand. Asia-Pacific has emerged as fastest growing market.

The reports also covers brief analysis of Geographical Region includes:

Americas
-North America
-US
-Canada
Europe
-Western Europe
-Germany
-France
-Italy
-Spain
-U.K
-Rest of Western Europe
-Eastern Europe
Asia– Pacific
Asia
-China
-India
-Japan
-South Korea
-Rest of Asia
Pacific
The Middle East& Africa

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