The Asia Pacific Smart Home Appliances Market would witness market growth of 9.1% CAGR during the forecast period (2022-2028).
Appliances have access to a higher ability to comprehend due to near-field communication, enabling them to provide more to their owners. To register the product and establish its warranty date, the manufacturer can receive a message from the Near Field Communication-capable device. A connected NFC tag offers an affordable option to add an interactive display to appliances without room for a large display by leveraging an external device as the interface.
With simply a tap of their phones, professionals may use NFC to tap into the appliance's service instructions or purchase new parts. Smart home appliances are available in the market for a very long time. Technology has liberated people from the limitations of natural light. Later, appliances took the place of tools, and battery power was used for anything that could move. Better performance was prompted in the first automated house generation. Many useful pieces of information can be delivered directly from appliances to smart gadgets. It goes much beyond providing directions for cleaning and cooking.
Smart city projects are becoming very popular and frequent in regional countries, like India. The goal of the Smart Cities Mission is to promote economic growth and raise the standard of living by fostering local area development and utilizing technology, particularly that, which produces smart outcomes. The Indian government introduced the Smart Cities Mission on June 25, 2015. Through the use of smart solutions, the mission's primary goal is to encourage the development of cities that offer basic services, a healthy environment, and a better quality of life for their residents.
The China market dominated the Asia Pacific Smart Home Appliances Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,306.8 million by 2028.The Japan market is estimated to grow a CAGR of 8.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.8% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Product, the market is segmented into Smart Washing Machines, Smart Air Purifiers, Smart Refrigerators, Smart TV and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Smart Home Appliances Market is Projected to reach USD 49.9 Billion by 2028, at a CAGR of 8.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Panasonic Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Robert Bosch GmbH, LG Electronics, Inc. (LG Corporation), Whirlpool Corporation, Electrolux AB, Haier Smart Home Co., Ltd., Koninklijke Philips N.V., and Miele & Cie. KG.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Product
- Smart Washing Machines
- Smart Air Purifiers
- Smart Refrigerators
- Smart TV
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Apple, Inc.
- Panasonic Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Robert Bosch GmbH
- LG Electronics, Inc. (LG Corporation)
- Whirlpool Corporation
- Electrolux AB
- Haier Smart Home Co., Ltd.
- Koninklijke Philips N.V.
- Miele & Cie. KG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Home Appliances Market, by Distribution Channel
1.4.2 Asia Pacific Smart Home Appliances Market, by Product
1.4.3 Asia Pacific Smart Home Appliances Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Aug – 2022, Jul) Leading Players
Chapter 4. Asia Pacific Smart Home Appliances Market by Distribution Channel
4.1 Asia Pacific Offline Market by Country
4.2 Asia Pacific Online Market by Country
Chapter 5. Asia Pacific Smart Home Appliances Market by Product
5.1 Asia Pacific Smart Washing Machines Market by Country
5.2 Asia Pacific Smart Air Purifiers Market by Country
5.3 Asia Pacific Smart Refrigerators Market by Country
5.4 Asia Pacific Smart TV Market by Country
5.5 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Smart Home Appliances Market by Country
6.1 China Smart Home Appliances Market
6.1.1 China Smart Home Appliances Market by Distribution Channel
6.1.2 China Smart Home Appliances Market by Product
6.2 Japan Smart Home Appliances Market
6.2.1 Japan Smart Home Appliances Market by Distribution Channel
6.2.2 Japan Smart Home Appliances Market by Product
6.3 India Smart Home Appliances Market
6.3.1 India Smart Home Appliances Market by Distribution Channel
6.3.2 India Smart Home Appliances Market by Product
6.4 South Korea Smart Home Appliances Market
6.4.1 South Korea Smart Home Appliances Market by Distribution Channel
6.4.2 South Korea Smart Home Appliances Market by Product
6.5 Singapore Smart Home Appliances Market
6.5.1 Singapore Smart Home Appliances Market by Distribution Channel
6.5.2 Singapore Smart Home Appliances Market by Product
6.6 Malaysia Smart Home Appliances Market
6.6.1 Malaysia Smart Home Appliances Market by Distribution Channel
6.6.2 Malaysia Smart Home Appliances Market by Product
6.7 Rest of Asia Pacific Smart Home Appliances Market
6.7.1 Rest of Asia Pacific Smart Home Appliances Market by Distribution Channel
6.7.2 Rest of Asia Pacific Smart Home Appliances Market by Product
Chapter 7. Company Profiles
7.1 Apple, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Panasonic Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Samsung Electronics Co., Ltd. (Samsung Group)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 Robert Bosch GmbH (BSH Home Appliances Corporation)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations and Agreements:
7.4.6 SWOT Analysis
7.5 LG Electronics, Inc. (LG Corporation)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional & Segmental Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Whirlpool Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 Haier Smart Home Co., Ltd. (Haier Group Corporation)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.8 Electrolux AB
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Partnerships, Collaborations, and Agreements:
7.8.2.2 Product Launches and Product Expansions:
7.9 Koninklijke Philips N.V.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Product Launches and Product Expansions:
7.10. Miele & Cie. KG
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Geographical Expansions:
TABLE 1 Asia Pacific Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Home Appliances Market
TABLE 4 Product Launches And Product Expansions– Smart Home Appliances Market
TABLE 5 Acquisition and Mergers– Smart Home Appliances Market
TABLE 6 Geographical Expansions – Smart home Appliances Market
TABLE 7 Asia Pacific Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Offline Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Offline Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Online Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Online Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Smart Washing Machines Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Smart Washing Machines Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Smart Air Purifiers Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Smart Air Purifiers Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Smart Refrigerators Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Smart Refrigerators Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Smart TV Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Smart TV Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Smart Home Appliances Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Smart Home Appliances Market by Country, 2022 - 2028, USD Million
TABLE 27 China Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 28 China Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 29 China Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 30 China Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 31 China Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 32 China Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 33 Japan Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 34 Japan Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 35 Japan Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 36 Japan Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 37 Japan Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 38 Japan Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 39 India Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 40 India Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 41 India Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 42 India Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 43 India Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 44 India Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 45 South Korea Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 46 South Korea Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 47 South Korea Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 48 South Korea Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 49 South Korea Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 50 South Korea Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 51 Singapore Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 52 Singapore Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 53 Singapore Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 Singapore Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 Singapore Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 56 Singapore Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 57 Malaysia Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 58 Malaysia Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 59 Malaysia Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 60 Malaysia Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 61 Malaysia Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 62 Malaysia Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 63 Rest of Asia Pacific Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 64 Rest of Asia Pacific Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 65 Rest of Asia Pacific Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 66 Rest of Asia Pacific Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 67 Rest of Asia Pacific Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 68 Rest of Asia Pacific Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 69 Key Information – Apple, Inc.
TABLE 70 Key Information – Panasonic Corporation
TABLE 71 Key Information – Samsung Electronics Co., Ltd.
TABLE 72 key information – Robert Bosch GmbH
TABLE 73 Key information – LG Electronics, Inc.
TABLE 74 Key information – Whirlpool Corporation
TABLE 75 key information – Haier Smart Home Co., Ltd.
TABLE 76 Key Information – Electrolux AB
TABLE 77 Key Information – Koninklijke Philips N.V.
TABLE 78 Key Information – Miele & Cie. KG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Product Launches and Product Expansions : 2019, Aug – 2022, Jul) Leading Players
FIG 6 Recent strategies and developments: Apple, Inc.
FIG 7 SWOT Analysis: apple, Inc.
FIG 8 Recent strategies and developments: Panasonic Corporation
FIG 9 SWOT Analysis: Panasonic Corporation
FIG 10 Recent strategies and developments: Samsung Electronics Co., Ltd.
FIG 11 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 12 Swot analysis: Robert bosch gmbh
FIG 13 Recent strategies and developments: LG Electronics Inc.
FIG 14 Swot analysis: LG Corporation
FIG 15 Recent strategies and developments: Whirlpool Corporation
FIG 16 SWOT ANALYSIS: whirlpool corporation
FIG 17 Recent strategies and developments: Electrolux AB