Smart Appliances Market in India 2021

January 2022 | 13 pages | ID: S8A7A8A1CA38EN
StrategyHelix Inc

Abstracts

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. According to StrategyHelix, the smart appliances market in India is expected to increase by US$ 2,217 million during 2021-2027, expanding at a CAGR of 16.7% during the forecast period. 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, and distribution channel. Based on product, the smart appliances market in India is categorized into smart air conditioners, smart air purifier, smart refrigerators, smart TVs, smart washers, smart water heater, smart water purifiers, others. The smart TVs segment held the largest share of the India smart appliances market in 2020 and is anticipated to hold its share during the forecast period. On the basis of distribution channel, the smart appliances market in India has been segmented into direct sales, ecommerce, retail. In India, the retail segment made up the largest share of the smart appliances market.

The India smart appliances market is highly competitive. The smart appliances market is dominated by key players, which are 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.

Report Scope
Product: smart air conditioners, smart air purifier, smart refrigerators, smart TVs, smart washers, smart water heater, smart water purifiers, others
Distribution channel: direct sales, ecommerce, 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
Identify regional strategies and strategic priorities on the basis of local data
Pinpoint growth sectors and trends for investment

Contents

PART 1. INTRODUCTION

Scope of the study
Study period
Geographical scope
Research methodology

PART 2. SMART APPLIANCES MARKET OVERVIEW

PART 3. MARKET BREAKDOWN BY PRODUCT

Smart air conditioners
Smart air purifier
Smart refrigerators
Smart TVs
Smart washers
Smart water heater
Smart water purifiers
Others

PART 4. MARKET BREAKDOWN BY DISTRIBUTION CHANNEL

Direct sales
Ecommerce
Retail

PART 5. KEY COMPANIES

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
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