DUBLIN--(BUSINESS WIRE)--The "Smart Technology is Shaping the Future of Home Appliances in India, 2020" report has been added to ResearchAndMarkets.com's offering.
This research service on smart home appliances in India offers the most up-to-date market data on the actual market situation by product categories (smart television, smart air conditioner, smart refrigerator, smart washing machine, smart air purifier, smart water purifier, and smart water heater). It covers the market landscape and its growth prospects for the coming years. It also includes a discussion of the key companies operating in this market.
Smart appliances are appliances connected to the Internet or to the Bluetooth and are controlled or monitored through remote commands using a smartphone, tablet, or any other device. With more than 500 million smartphone users in India, mobile connectivity and availability of easy-to-install applications are drivers for the growth of smart appliances. IoT being a game-changer, has a growing penetration in home appliances. Prices of smart home appliances are on the higher end; demand is driven by high net worth individuals, the affluent, and the millennials.
The research includes market data from FY2020 to FY2025 which gives the future outlook for the smart home appliances market in India and makes the study an invaluable resource for industry executives, marketing, sales, and product managers, analysts, and others looking for key industry data in readily accessible and clearly presented tables and graphs.
The study also provides an analysis of data related to the smart home appliances market from the 4 regions of India: North, South, East, and West.
An increasing number of globetrotting high net-worth individuals (HNIs) and their growing demand for convenience and ease are spurring the demand for smart home appliances, increase in the dependence on mobile applications, and acceptance of new technologies in the market, together contributing to the growing demand for smart home appliances in India.
Digitalization is a demand catalyst for products with connectivity. The Digital India campaign launched by the government aims to make India digitally empowered by increasing Internet connectivity and speed. High-speed Internet encourages the purchase of products with connectivity, as it allays the fear of loss of control or other safety fears. Similarly, automation technologies are increasingly impacting homes. The increase in adoption of smart services will provide growth opportunities for the home automation market.
The cumulative market revenue for smart home appliances market is expected to grow at a CAGR of 21.6% from FY2020 to FY2025. Catering to the needs of commercial end users and forging strategic partnerships with premium real estate developers are major growth opportunities for companies in the market. eCommerce sales have boosted the consumer electronics market to a large extent.
RESEARCH SCOPE
- Geographic Coverage: India
- Market Type: Smart Home Appliances
- Study Period: FY2020-FY2025
- Base Year: FY2020
- Forecast Period: FY2021-FY2025
- Geographic Scope: North, South, East and West
- Products Covered: Smart Television, Smart Air Conditioner, Smart Refrigerator, Smart Washing Machine, Smart Water Purifier, Smart Water Heater, and Smart Air Purifier
KEY ISSUES ADDRESSED
- How is the market for smart home appliances expected to grow in the future and at what rate?
- What are the various types of smart home appliances? What are the industry and competitive structures like?
- Which product types have potential as targets that could bring sustainable growth?
- What are the various channel routes operational in this market?
- What are the key market trends and technology trends?
- What are the growth opportunities for companies?
Key Topics Covered:
Strategic Imperatives
- Why Is It Increasingly Difficult to Grow?
- The Strategic Imperative 8T
- The Impact of the Top Three Strategic Imperative on the Smart Home Appliances Industry
- Growth Opportunities Fuel the Growth Pipeline Engine
Executive Summary, Smart Home Appliances Market
- Key Findings, Smart Home Appliances Market
Growth Opportunity Analysis, Smart Home Appliances Market
- Smart Home Appliances Market Scope of Analysis
- Smart Home Appliances Market Segmentation
- Key Competitors for Smart Home Appliances Market
- Key Growth Metrics for Smart Home Appliances Market
- Distribution Channels for Smart Home Appliances Market
- Growth Drivers for Smart Home Appliances Market
- Growth Driver Analysis for Smart Home Appliances Market
- Growth Restraints for Smart Home Appliances Market
- Growth Restraints Analysis for Smart Home Appliances Market
- Forecast Assumptions, Smart Home Appliances Market
- Revenue and Unit Shipment Forecast, Smart Home Appliances Market
- Revenue and Unit Shipment Forecast Discussion, Smart Home Appliances Market
- Revenue Forecast by Product, Smart Home Appliances Market
- Revenue Forecast by Product Discussion, Smart Home Appliances Market
- Revenue Forecast by Region, Smart Home Appliances Market
- Revenue Forecast by Region Discussion, Smart Home Appliances Market
- Revenue Forecast by Distribution Channel, Smart Home Appliances Market
- Revenue Forecast by Distribution Channel Discussion, Smart Home Appliances Market
- Pricing Trends Discussion, Smart Home Appliances Market
- Competitive Environment, Smart Home Appliances Market
- Market Share by Product, Smart Home Appliances Market
- Market Share, Smart Home Appliances Market
- Market Share Analysis, Smart Home Appliances Market
- Product Presence of Top Competitors, Smart Home Appliances Market
- SWOT Analysis of Top Competitors, Smart Home Appliances Market
Growth Opportunity Analysis, Smart Television
- Key Growth Metrics, Smart Television
- Key Findings, Smart Television
- Revenue and Unit Shipment Forecast, Smart Television
- Market Share Discussion, Smart Television
Growth Opportunity Analysis, Smart Air Conditioner
Growth Opportunity Analysis, Smart Refrigerator
Growth Opportunity Analysis, Smart Washing Machine
Growth Opportunity Analysis, Smart Water Purifier
Growth Opportunity Analysis, Smart Water Heater
Growth Opportunity Analysis, Smart Air Purifier
Mega Trends, Smart Home Appliances Market
- Mega Trend Impact on the Smart Home Appliances Market
- Mega Trend Discussion
Growth Opportunity Universe, Smart Home Appliances Market
- Growth Opportunity 1 - Strategic Partnerships between Participants for Smart Home Appliances, 2020
- Growth Opportunity 2 - Seamless Interoperability of Devices for Smart Home Appliances, 2020
- Growth Opportunity 3 - Mining Customer Insights for Smart Home Appliances, 2020
- Growth Opportunity 4 - Exploring Omnichannel Strategy for Smart Home Appliances, 2020
- Strategic Imperatives for Success and Growth, Smart Home Appliances Market
Appendix - List Of Companies In Smart Home Appliances Market In India
For more information about this report visit https://www.researchandmarkets.com/r/fiq1dg
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