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Smart Home Appliances Market: growth in use of smart home solutions for security applications

Friday, September 30, 2016 12:12
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The smart house or intelligent home consists of future appliances and technology to control the various devices and machines in the home. The home control system is often used to switch on switches and maintain temperature of room in the presence of a person. The smart homes of the future will be capable of maintaining the power use and performing simple chores. There is high scope for the Smart Home Appliances Market in various regions across the globe during 2014-2020.

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Topics Covered in this report:

Scope and Regional Forecast of the Smart Home Appliances Market:

North America is one of the leading investors in the Smart Home Appliances Market. There is high demand for smart home technology in the US for automatically performing tasks, energy use management and security applications. Many companies in this market are present and operating in the US region.

Europe is expected to have high demand for the Smart Home Appliances Market owing to the high standards of living and security application of the smart house appliances. Elderly population is expected to have high demand for this system in this region. Germany is the major market for the growth in European region during 2014-2020.

Asia Pacific is the largest region with high application scope in the Smart Home Appliances Market. China, India and Japan are the major markets with high sales of smart home appliances for security, energy management and convenience during 2014-2020.

Segmentation and Key Players of the Smart Home Appliances Market:

The Smart Home Appliances Market is segmented into various categories by product type, by technology and by geography as follows:

By product type: Washing machine, Refrigerator, Dishwasher, Air conditioner and others

By technology: Wi-Fi, Radio Frequency Identification (RFID), ZigBee, cellular technology, Bluetooth and others

By geography: North America, Europe, Asia-Pacific and Latin America, Middle East and Africa (LAMEA)

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The key players in the Smart Home Appliances Market are as follows:

  • Samsung Electronics Co.
  • LG Electronics Inc.
  • Apple Inc.
  • Whirlpool Corporation
  • Panasonic Corporation

The Smart Home Appliances Market is a high potential market with high scope for intelligent home appliances and home automation ideas by using technologies in an intelligent house. This market is expected to witness high growth due to high investment for home automation project and R&D of home technology by home automation companies, growing demand for smart home solutions and use of smart home app in various regions across the globe during 2014-2020.

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