PUBLISHER: TechNavio | PRODUCT CODE: 1859864
PUBLISHER: TechNavio | PRODUCT CODE: 1859864
The AI in appliances and electronics market is forecasted to grow by USD 10,933.9 mn during 2024-2029, accelerating at a CAGR of 17.1% during the forecast period. The report on the AI in appliances and electronics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by surging consumer demand for enhanced convenience and personalization, rapid advancements in AI and enabling technologies, and growing emphasis on energy efficiency and sustainability.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 15.5% |
| CAGR | 17.1% |
| Incremental Value | $10,933.9 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's AI in appliances and electronics market is segmented as below:
By Component
By Technology
By Application
By Geographical Landscape
This study identifies the integration of generative AI for hyper-personalization and conversational interfaces as one of the prime reasons driving the AI in appliances and electronics market growth during the next few years. Also, accelerated shift toward edge AI for enhanced privacy, speed, and reliability and focus on proactive functionality for sustainability and predictive health will lead to sizable demand in the market.
The report on the AI in appliances and electronics market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading AI in appliances and electronics market vendors that include Arcelik Marketing Inc., Breville Group Ltd., Dyson Group Co., Electrolux Group, Glen Dimplex Group., Gorenje Group, Haier Smart Home Co. Ltd., Hamilton Beach Brands Inc., Koninklijke Philips NV, LG Electronics Inc., Midea Group Co. Ltd., Miele and Cie. KG, Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., SOCIETE SAS, TEKA INDUSTRIAL SA, and Whirlpool Corp.. Also, the AI in appliances and electronics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: