DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/frm9zr/world_smart_home) has announced the addition of the "World Smart Home Appliances Market Opportunities and Forecasts, 2014 - 2020" report to their offering.
The report forecasts that the world smart home appliances market will garner revenue of $38.35 billion by 2020, registering a CAGR of 16.6% during the forecast period.
The demand for smart home appliances has been triggered by growing concerns about energy costs and the availability of innovative and affordable smart appliances.
North America is leading the global market owing to technological advancements and widespread awareness. However, Asia Pacific region is expected to surpass the North American and European markets by 2018, owing to the increasing demand of smart appliances, from countries such as China and India.
Air conditioners are predicted to exhibit the fastest growth rate, due to the increasing demand coupled with innovative product launches by the leading market players.
Key findings of the study:
Global Market expected to grow due to the availability of innovative
and affordable smart appliances, as well as an increasing awareness
among the populace.
On account of tech-savvy end-users and government incentives for smart
appliance manufacturers, North America controls the highest market
- The Asia-Pacific region is projected to surpass the Northern American and European markets by 2018, emerging as the market leader.
- Apple, Inc.
- BSH Hausgerate GmbH
- Electrolux AB
- General Electric Company
- Haier Electronics Group Co., Ltd.
- Koninklijke Philips N.V.
- LG Electronics, Inc.
- Miele & Cie. KG
- Panasonic Corporation
- Samsung Electronics Co., Ltd.
- Whirlpool Corporation
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: World Smart Home Appliances Market By Product Type
Chapter 5: World Smart Home Appliances Market By Technology
Chapter 6: World Smart Home Appliances Market By Geography
Chapter 7: Company Profiles
For more information visit http://www.researchandmarkets.com/research/frm9zr/world_smart_home