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Smart Appliances Market in India 2021
8 June 2021
Smart home appliances are next generation conventional home appliances, equipped with advanced features for receiving, processing, and transmitting information using smartphones, tablets, and laptops. These devices are connected through Bluetooth, Wi-Fi, and other technologies. The smart appliances market in India is set to grow by US$ 2 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 16.7% during the forecast period, according to data and analytics company StrategyHelix. Rising disposable income, growth in the luxury real estate, increasing acceptance of new technologies, improving lifestyle of people are expected to boost the market growth in the coming years.
The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for smart appliances. The India smart appliances market is segmented on the basis of product, distribution channel. By product, it is categorized into smart air conditioners, smart air purifier, smart refrigerators, smart TVs, smart washers, smart water heater, smart water purifiers, and others. The smart TVs segment held the largest market share in 2020. By distribution channel, the smart appliances market is divided into direct sales, ecommerce, and retail. The retail segment accounted for the largest market share in 2020.
The report has profiled some of the key players of the market such as Daikin Industries Ltd., Eureka Forbes Ltd., Havells India Limited, Hitachi-Johnson Controls Air Conditioning Inc., IFB Industries Ltd., LG Electronics Inc., Panasonic Corporation, Samsung Group, Sony Corporation, TCL Technology Group Corporation, Voltas Limited, VU Technologies Private Limited, Whirlpool Corporation, Xiaomi Corporation.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the smart appliances market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Product: smart air conditioners, smart air purifier, smart refrigerators, smart TVs, smart washers, smart water heater, smart water purifiers, and others
Distribution channel: direct sales, ecommerce, and retail
Years Considered: this report covers the period 2017 to 2027
Key Benefits for Stakeholders
Get a comprehensive picture of the India smart appliances market
Pinpoint growth sectors and trends for investment
Understand what the future of the smart appliances market in India looks like
Identify the competitive landscape and window of opportunity
Table of Contents
1. Market Definition
2. Research Methodology
3. Market Data & Outlook
3.1 Market Value
3.2 Market Value Forecast
4. Smart Appliances Market by Product
4.1 Smart Air Conditioners
4.2 Smart Air Purifier
4.3 Smart Refrigerators
4.4 Smart Tvs
4.5 Smart Washers
4.6 Smart Water Heater
4.7 Smart Water Purifiers
5. Smart Appliances Market by Distribution Channel
5.1 Direct Sales
6. Company Profiles
6.1 Daikin Industries, Ltd.
6.2 Eureka Forbes Ltd.
6.3 Havells India Limited
6.4 Hitachi-Johnson Controls Air Conditioning, Inc.
6.5 IFB Industries Ltd.
6.6 LG Electronics Inc.
6.7 Panasonic Corporation
6.8 Samsung Group
6.9 Sony Corporation
6.10 TCL Technology Group Corporation
6.11 Voltas Limited
6.12 VU Technologies Private Limited
6.13 Whirlpool Corporation
6.14 Xiaomi Corporation
7.1 About StrategyHelix