The Latin America, Middle East and Africa Smart Home Appliances Market would witness market growth of 11.9% CAGR during the forecast period (2022-2028).
It gives the ability to the user to monitor every electronic device within their home irrespective of their location through any connected device. Whether there is a fire on the stove or a broken water line in the dishwasher, smart appliances alert customers as soon as possible once the problem is detected. If customers learn about a problem in its earlier stage, they can avoid more issues that might arise if the issue is ignored.
In order to manage and regulate energy use, these systems would also need to be able to interface with service platforms from various energy service providers. There is a surging demand in the market to minimize energy consumption by regulating and controlling smart appliances (such as those in a home or office building) at the system level. It gives additional safety and security to the homeowners and allows them to manage almost all operations within their houses efficiently and remotely. This factor is majorly propelling the growth of the smart home appliances market.
The growth of smart home deployment in the area would be significantly influenced by the number of smart city activities now underway in the area. The Abu Dhabi Smart Cities Summit, which aims to reorganize visions of the smart cities for the future and strengthen Abu Dhabi's pioneering competence in anticipating the advancements of cities, recently completed its revised edition at an event with specialists, government officials, foreign speakers, policymakers, pioneers in smart cities technology, and international experts.
The Brazil market dominated the LAMEA Smart Home Appliances Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,053.8 million by 2028.The Argentina market is experiencing a CAGR of 12.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 11.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Smart Home Appliances Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Smart Home Appliances Market, by Distribution Channel
1.4.2 LAMEA Smart Home Appliances Market, by Product
1.4.3 LAMEA Smart Home Appliances Market, by Geography
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. LAMEA Smart Home Appliances Market by Distribution Channel
4.1 LAMEA Offline Market by Country
4.2 LAMEA Online Market by Country
Chapter 5. LAMEA Smart Home Appliances Market by Product
5.1 LAMEA Smart Washing Machines Market by Country
5.2 LAMEA Smart Air Purifiers Market by Country
5.3 LAMEA Smart Refrigerators Market by Country
5.4 LAMEA Smart TV Market by Country
5.5 LAMEA Others Market by Country
Chapter 6. LAMEA Smart Home Appliances Market by Country
6.1 Brazil Smart Home Appliances Market
6.1.1 Brazil Smart Home Appliances Market by Distribution Channel
6.1.2 Brazil Smart Home Appliances Market by Product
6.2 Argentina Smart Home Appliances Market
6.2.1 Argentina Smart Home Appliances Market by Distribution Channel
6.2.2 Argentina Smart Home Appliances Market by Product
6.3 UAE Smart Home Appliances Market
6.3.1 UAE Smart Home Appliances Market by Distribution Channel
6.3.2 UAE Smart Home Appliances Market by Product
6.4 Saudi Arabia Smart Home Appliances Market
6.4.1 Saudi Arabia Smart Home Appliances Market by Distribution Channel
6.4.2 Saudi Arabia Smart Home Appliances Market by Product
6.5 South Africa Smart Home Appliances Market
6.5.1 South Africa Smart Home Appliances Market by Distribution Channel
6.5.2 South Africa Smart Home Appliances Market by Product
6.6 Nigeria Smart Home Appliances Market
6.6.1 Nigeria Smart Home Appliances Market by Distribution Channel
6.6.2 Nigeria Smart Home Appliances Market by Product
6.7 Rest of LAMEA Smart Home Appliances Market
6.7.1 Rest of LAMEA Smart Home Appliances Market by Distribution Channel
6.7.2 Rest of LAMEA 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 LAMEA Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 2 LAMEA 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 LAMEA Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 8 LAMEA Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 9 LAMEA Offline Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Offline Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Online Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Online Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 14 LAMEA Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 15 LAMEA Smart Washing Machines Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Smart Washing Machines Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Smart Air Purifiers Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Smart Air Purifiers Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Smart Refrigerators Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Smart Refrigerators Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Smart TV Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Smart TV Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Smart Home Appliances Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Smart Home Appliances Market by Country, 2022 - 2028, USD Million
TABLE 27 Brazil Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 28 Brazil Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 29 Brazil Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 30 Brazil Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 31 Brazil Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 32 Brazil Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 33 Argentina Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 34 Argentina Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 35 Argentina Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 36 Argentina Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 37 Argentina Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 38 Argentina Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 39 UAE Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 40 UAE Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 41 UAE Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 42 UAE Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 43 UAE Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 44 UAE Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 45 Saudi Arabia Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 46 Saudi Arabia Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 47 Saudi Arabia Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 48 Saudi Arabia Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 49 Saudi Arabia Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 50 Saudi Arabia Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 51 South Africa Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 52 South Africa Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 53 South Africa Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 South Africa Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 South Africa Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 56 South Africa Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 57 Nigeria Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 58 Nigeria Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 59 Nigeria Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 60 Nigeria Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 61 Nigeria Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 62 Nigeria Smart Home Appliances Market by Product, 2022 - 2028, USD Million
TABLE 63 Rest of LAMEA Smart Home Appliances Market, 2018 - 2021, USD Million
TABLE 64 Rest of LAMEA Smart Home Appliances Market, 2022 - 2028, USD Million
TABLE 65 Rest of LAMEA Smart Home Appliances Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 66 Rest of LAMEA Smart Home Appliances Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 67 Rest of LAMEA Smart Home Appliances Market by Product, 2018 - 2021, USD Million
TABLE 68 Rest of LAMEA 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