PUBLISHER: Orion Market Research | PRODUCT CODE: 1311868
PUBLISHER: Orion Market Research | PRODUCT CODE: 1311868
Smart Washing Machine Market 2023-2030
Smart Washing Machine Market is expected to witness substantial growth, with a projected CAGR of 4.98% during the forecast period. The market's growth is attributed to the increasing demand for convenience and advanced features across the globe. Customers are seeking smart washing machines with modern features such as Wi-Fi connectivity, app management, and other options for a comfortable life. For instance, in September 2022, Panasonic launched Miraie washing machines. The new range of washing machines from the company are truly smart washing machines that include app control, Wi-Fi, and other connectivity options. The washing machines come in multiple load capacities of 6.5 kg, 7 kg, and 8 kg. Other features of the new washing machines include a built-in heater, the Wash Wizard, and the Stain Genius feature.
Segmental Outlook
The smart washing machine market is segmented based on type, distribution channel, and application. Based on type, the market is sub-segmented into top-load and front-load. Based on the distribution channel, the market is augmented into multi-brand stores, exclusive stores, online retail, and others. Further, based on the application, the market is bifurcated into residential and commercial.
The Front Load Sub-Segment is Anticipated to Hold a Prominent Share of the Global Smart Washing Machine Market
The growth of the front-load sub-segment is attributed to the increasing demand for features and new models across the globe. According to consumer demand, new models, features, and laundry experiences are constantly anticipated for the convenience of the consumer. For instance, in May 2022, Samsung India announced the launch of its 2022 range of artificial intelligence-enabled bi-lingual AI Eco Bubble fully automatic front-load washing machines. The new line-up, which consists of 40 models, comes with all the new AI Wash features for an effortless laundry experience and larger capacity models going up to 12 kg.
Regional Outlooks
The global sunglasses market is analysed across key regions, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East and Africa, and Latin America). Among these, the Asia-Pacific region is expected to experience a substantial market growth. The growth is owing to the rising consumer awareness of internet usage and smart home technologies that provide convenience and comfort to consumers.
The European Region is Anticipated to Hold a Significant Share in the Global Smart Washing Machine Market
In the European Union, the growth of the market is attributed to the increasing demand for washing machines that are used selectively to conserve energy. Nowadays, consumers are becoming more conscious towards conserving the energy. Carbon emissions from a washing machine or a dryer may vary from 51 to 159 kg CO2 each year. On average, each load of laundry washed in hot water and tumbled dry releases almost 3.3 kg of CO2. Thus, the washing dryer is the biggest culprit, making up almost 6% of home energy use. Thus, there is a considerable shift of the population towards the use of smart washing machine which effectively reduces the impact on environment while cutting the energy cost.
Market Players Outlook
The major companies serving the global smart washing market include Americair Corp., Blueair, Cowayco Ltd., Dyson Technology India Pvt. Ltd., GE Appliances, IFB Industries, and others. The market players are considerably contributing to market growth through the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2022, Xiaomi launched the exclusive edition of the MIJIA Pulsator Washing Machine. The washing machine provides a capacity of 8 kg, unlike the 10 Kg capacity on the previous models. Furthermore, it offers smart weight perception, along with 10 different washing modes and 8 levels of water level adjustment.
1. Report Summary
- Current Industry Analysis and Growth Potential Outlook
- 1.1. Market Research Methods and Tools
- 1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region
2. Market Overview and Insights
- 2.1. Scope of the Report
- 2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion
3. Competitive Landscape
- 3.1. Key Company Analysis
- 3.2. Ab Electrolux
- 3.2.1. Overview
- 3.2.2. Financial Analysis
- 3.2.3. SWOT Analysis
- 3.2.4. Recent Developments
- 3.3. General Electric Co.
- 3.3.1. Overview
- 3.3.2. Financial Analysis
- 3.3.3. SWOT Analysis
- 3.3.4. Recent Developments
- 3.4. Honeywell International Inc.
- 3.4.1. Overview
- 3.4.2. Financial Analysis
- 3.4.3. SWOT Analysis
- 3.4.4. Recent Development
- 3.5. Key Strategy Analysis
4. Market Segmentation
- 4.1. Global Smart Washing Machine Market by Type
- 4.1.1. Top Load
- 4.1.2. Front Load
- 4.2. Global Smart Washing Machine Market by Distribution Channel
- 4.2.1. Multi-brand Stores
- 4.2.2. Exclusive Stores
- 4.2.3. Online Retail
- 4.2.4. Others
- 4.3. Global Smart Washing Machine Market by End User
- 4.3.1. Residential
- 4.3.2. Commercial
5. Regional Analysis
- 5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
- 5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France v5.2.6. Rest of Europe
- 5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
- 5.4. Rest of the World
6. Company Profiles
- 6.1. Americair Corp.
- 6.2. Blueair
- 6.3. Cowayco. Ltd.
- 6.4. Dyson Technology India Pvt Ltd
- 6.5. Ge Appliances
- 6.6. Ifb Industries Ltd.
- 6.7. Koninklijke Philips N.V.
- 6.8. Lg Electronics Inc.
- 6.9. Panasonic Holdings Corp.
- 6.10. Robert Bosch GmbH
- 6.11. Samsung Electronics
- 6.12. Sharp Corp.
- 6.13. Siemens AG
- 6.14. Sunbeam Products, Inc.
- 6.15. Techtronic Industries Co. Ltd
- 6.16. Whirlpool Corp.
- 6.17. Xiaomi Corp.
LIST OF TABLES
- 1. GLOBAL SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
- 2. GLOBAL TOP LOAD SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
- 3. GLOBAL FRONT LOAD SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
- 4. GLOBAL SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
- 5. GLOBAL SMART WASHING MACHINE IN MULTI-BRAND STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
- 6. GLOBAL SMART WASHING MACHINE IN EXCLUSIVE STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
- 7. GLOBAL SMART WASHING MACHINE IN ONLINE RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
- 8. GLOBAL SMART WASHING MACHINE IN OTHERS RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
- 9. GLOBAL SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
- 10. GLOBAL SMART WASHING MACHINE FOR RESIDENTIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
- 11. GLOBAL SMART WASHING MACHINE FOR COMMERCIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
- 12. GLOBAL SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
- 13. NORTH AMERICAN SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
- 14. NORTH AMERICAN SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
- 15. NORTH AMERICAN SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
- 16. NORTH AMERICAN SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
- 17. EUROPEAN SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
- 18. EUROPEAN SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
- 19. EUROPEAN SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
- 20. EUROPEAN SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
- 21. ASIA-PACIFIC SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
- 22. ASIA-PACIFIC SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
- 23. ASIA-PACIFIC SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
- 24. ASIA-PACIFIC SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
- 25. REST OF THE WORLD SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
- 26. REST OF THE WORLD SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
- 27. REST OF THE WORLD SMART WASHING MACHINE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION APPLICATION, 2022-2030 ($ MILLION)
LIST OF FIGURES
- 1. GLOBAL SMART WASHING MACHINE MARKET SHARE BY TYPE, 2022 VS 2030 (%)
- 2. GLOBA TOP LOAD SMART WASHING MACHINE MARKET SHARE BY REGION, 2022 VS 2030 (%)
- 3. GLOBAL FRONT LOAD SMART WASHING MACHINE MARKET SHARE BY REGION, 2022 VS 2030 (%)
- 4. GLOBAL SMART WASHING MACHINE MARKET SHARE BY DISTRIBUTION CHANNEL, 2022 VS 2030 (%)
- 5. GLOBAL SMART WASHING MACHINE IN MULTI-BRAND STORES MARKET SHARE BY REGION, 2022 VS 2030 (%)
- 6. GLOBAL SMART WASHING MACHINE IN EXCLUSIVE STORES MARKET SHARE BY REGION, 2022 VS 2030 (%)
- 7. GLOBAL SMART WASHING MACHINE IN ONLINE MARKET SHARE BY REGION, 2022 VS 2030 (%)
- 8. GLOBAL SMART WASHING MACHINE IN OTHER DISTRIBUTION CHANNELS MARKET SHARE BY REGION, 2022 VS 2030 (%)
- 9. GLOBAL SMART WASHING MACHINE MARKET SHARE BY APPLICATION, 2022 VS 2030 (%)
- 10. GLOBAL SMART WASHING MACHINE FOR RESIDENTIAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
- 11. GLOBAL SMART WASHING MACHINE FOR COMMERCIAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
- 12. GLOBAL SMART WASHING MACHINE MARKET SHARE BY REGION, 2022 VS 2030 (%)
- 13. US SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
- 14. CANADA SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
- 15. UK SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
- 16. FRANCE SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
- 17. GERMANY SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
- 18. ITALY SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
- 19. SPAIN SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
- 20. REST OF EUROPE SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
- 21. INDIA SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
- 22. CHINA SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
- 23. JAPAN SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
- 24. SOUTH KOREA SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
- 25. REST OF ASIA-PACIFIC SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
- 26. REST OF THE WORLD SMART WASHING MACHINE MARKET SIZE, 2022-2030 ($ MILLION)
