Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global Smart Home Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Smart Home industry at home and abroad, estimate the overall market scale of the Smart Home industry and the market share of major countries, Smart Home industry, and study and judge the downstream market demand of Smart Home through systematic research, Analyze the competition pattern of Smart Home, so as to help solve the pain points of various stakeholders in Smart Home industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019-2028) of Smart Home Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Smart Home Market?
Samsung
BSH
GE
Whirlpool
LG
Electrolux
Panasonic
Miele & Cie
Philips
IRobot
Ecovacs
Neato
Haier
Midea
Hisense
Major Type of Smart Home Covered in VIC Research report:
Smart Air-Con and Heater
Smart Washing and Drying
Smart Refrigerator
Smart Large Cookers
Smart Dishwashers
Others
Application Segments Covered in VIC Research Market
Cooking
Food Storage
Cleaning
House Maintenance
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Smart Home Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Smart Home Market by Value
2.2.1 Global Smart Home Revenue by Type
2.2.2 Global Smart Home Market by Value
2.3 Global Smart Home Market by Sales
2.3.1 Global Smart Home Sales by Type
2.3.2 Global Smart Home Market by Sales
3. The Major Driver of Smart Home Industry
3.1 Historical & Forecast Global Smart Home Sales and Revenue (2019-2028)
3.2 Largest Application for Smart Home (2019-2028)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Smart Home Market
4.1 Regional Market Size in Terms of Sales (2023 & 2028)
4.2 Regional Market Share in Terms of Revenue (2023 & 2028)
4.3 Concentration Ratio (CR5& CR10) of Smart Home Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Smart Home Sales (2019-2028)
5.1 Current and Estimated Sales Breakdown by Type (2019-2028)
5.2 Current and Estimated Sales Breakdown by Application (2019-2028)
5.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
6. Europe Smart Home Sales (2019-2028)
6.1 Current and Estimated Sales Breakdown by Type (2019-2028)
6.2 Current and Estimated Sales Breakdown by Application (2019-2028)
6.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
7. China Smart Home Sales (2019-2028)
7.1 Current and Estimated Sales Breakdown by Type (2019-2028)
7.2 Current and Estimated Sales Breakdown by Application (2019-2028)
7.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
8. Japan Smart Home Sales (2019-2028)
8.1 Current and Estimated Sales Breakdown by Type (2019-2028)
8.2 Current and Estimated Sales Breakdown by Application (2019-2028)
8.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
9. India Smart Home Sales (2019-2028)
9.1 Current and Estimated Sales Breakdown by Type (2019-2028)
9.2 Current and Estimated Sales Breakdown by Application (2019-2028)
9.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
10. Korea Smart Home Sales (2019-2028)
10.1 Current and Estimated Sales Breakdown by Type (2019-2028)
10.2 Current and Estimated Sales Breakdown by Application (2019-2028)
10.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
11. Southeast Asia Smart Home Sales (2019-2028)
11.1 Current and Estimated Sales Breakdown by Type (2019-2028)
11.2 Current and Estimated Sales Breakdown by Application (2019-2028)
11.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
12. South America Smart Home Sales (2019-2028)
12.1 Current and Estimated Sales Breakdown by Type (2019-2028)
12.2 Current and Estimated Sales Breakdown by Application (2019-2028)
12.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
12.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
13. Global Smart Home Average Price Trend
13.1 Market Price for Each Type of Smart Home in US (2019-2023)
13.2 Market Price for Each Type of Smart Home in Europe (2019-2023)
13.3 Market Price for Each Type of Smart Home in China (2019-2023)
13.4 Market Price for Each Type of Smart Home in Japan (2019-2023)
13.5 Market Price for Each Type of Smart Home in India (2019-2023)
13.6 Market Price for Each Type of Smart Home in Korea (2019-2023)
13.7 Market Price for Each Type of Smart Home in Southeast Asia (2019-2023)
13.8 Market Price for Each Type of Smart Home in South America (2019-2023)
14. Industrial Chain (Impact of COVID-19)
14.1 Smart Home Industrial Chain Analysis
14.2 Downstream
14.3 Impact of COVID-19
14.4 Post-pandemic Era
14.5 Technology Trends of Smart Home
15. Smart Home Competitive Landscape
15.1 Samsung
15.1.1 Samsung Company Profiles
15.1.2 Samsung Product Introduction
15.1.3 Samsung Smart Home Sales, Revenue (2019-2023)
15.1.4 Strategic initiatives
15.2 BSH
15.2.1 BSH Company Profiles
15.2.2 BSH Product Introduction
15.2.3 BSH Smart Home Sales, Revenue (2019-2023)
15.2.4 Strategic initiatives
15.3 GE
15.3.1 GE Company Profiles
15.3.2 GE Product Introduction
15.3.3 GE Smart Home Sales, Revenue (2019-2023)
15.3.4 Strategic initiatives
15.4 Whirlpool
15.4.1 Whirlpool Company Profiles
15.4.2 Whirlpool Product Introduction
15.4.3 Whirlpool Smart Home Sales, Revenue (2019-2023)
15.4.4 Strategic initiatives
15.5 LG
15.5.1 LG Company Profiles
15.5.2 LG Product Introduction
15.5.3 LG Smart Home Sales, Revenue (2019-2023)
15.5.4 Strategic initiatives
15.6 Electrolux
15.6.1 Electrolux Company Profiles
15.6.2 Electrolux Product Introduction
15.6.3 Electrolux Smart Home Sales, Revenue (2019-2023)
15.6.4 Strategic initiatives
15.7 Panasonic
15.7.1 Panasonic Company Profiles
15.7.2 Panasonic Product Introduction
15.7.3 Panasonic Smart Home Sales, Revenue (2019-2023)
15.7.4 Strategic initiatives
15.8 Miele & Cie
15.8.1 Miele & Cie Company Profiles
15.8.2 Miele & Cie Product Introduction
15.8.3 Miele & Cie Smart Home Sales, Revenue (2019-2023)
15.8.4 Strategic initiatives
15.9 Philips
15.9.1 Philips Company Profiles
15.9.2 Philips Product Introduction
15.9.3 Philips Smart Home Sales, Revenue (2019-2023)
15.9.4 Strategic initiatives
15.10 IRobot
15.10.1 IRobot Company Profiles
15.10.2 IRobot Product Introduction
15.10.3 IRobot Smart Home Sales, Revenue (2019-2023)
15.10.4 Strategic initiatives
15.11 Ecovacs
15.12 Neato
15.13 Haier
15.14 Midea
15.15 Hisense
16. Conclusion
17. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Sales by Application of Smart Home Industry (Volume)
Figure 2. Smart Home Sales by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2023&2028)
Figure 4. The Top 10 and 5 Players Market Share by Smart Home Revenue in 2023
Figure 5. US Smart Home Sales (2019-2028)
Figure 6. Sales Breakdown by Type (%)
Figure 7. Sales Breakdown by Type (%)
Figure 8. Sales Breakdown by Application (%)
Figure 9. Revenue Breakdown by Type (%)
Figure 10. Revenue Breakdown by Application (%)
Figure 11. Europe Smart Home Sales (2019-2028)
Figure 12. Sales Breakdown by Type (%)
Figure 13. Sales Breakdown by Type (%)
Figure 14. Sales Breakdown by Application (%)
Figure 15. Revenue Breakdown by Type (%)
Figure 16. Revenue Breakdown by Application (%)
Figure 17. China Smart Home Sales (2019-2028)
Figure 18. Sales Breakdown by Type (%)
Figure 19. Sales Breakdown by Type (%)
Figure 20. Sales Breakdown by Application (%)
Figure 21. Current and Estimated Revenue Breakdown by Type
Figure 22. Revenue Breakdown by Type (%)
Figure 23. Revenue Breakdown by Application (%)
Figure 24. Japan Smart Home Sales (2019-2028)
Figure 25. Sales Breakdown by Type (%)
Figure 26. Sales Breakdown by Type (%)
Figure 27. Sales Breakdown by Application (%)
Figure 28. Revenue Breakdown by Type (%)
Figure 29. Revenue Breakdown by Application (%)
Figure 30. India Smart Home Sales (2019-2028)
Figure 31. Sales Breakdown by Type (%)
Figure 32. Sales Breakdown by Type (%)
Figure 33. Sales Breakdown by Application (%)
Figure 34. Revenue Breakdown by Type (%)
Figure 35. Revenue Breakdown by Application (%)
Figure 36. Korea Smart Home Sales (2019-2028)
Figure 37. Sales Breakdown by Type (%)
Figure 38. Sales Breakdown by Type (%)
Figure 39. Sales Breakdown by Application (%)
Figure 40. Revenue Breakdown by Type (%)
Figure 41. Revenue Breakdown by Application (%)
Figure 42. Southeast Asia Smart Home Sales (2019-2028)
Figure 43. Current and Estimated Sales Breakdown by Type (2019-2028)
Figure 44. Sales Breakdown by Type (%)
Figure 45. Sales Breakdown by Type (%)
Figure 46. Revenue Breakdown by Type (%)
Figure 47. Revenue Breakdown by Application (%)
Figure 48. Industrial Chain
Table 1. Top Manufacturers and Market Segmentation
Table 2. Product Introduction, Application, Picture
Table 3. Smart Home Revenue, by Type (Million USD) (2019-2028)
Table 4. Smart Home Sales, by Type (K Unit) (2019-2028)
Table 5. Smart Home Sales (K Unit) by Application (2019-2028)
Table 6. Smart Home Sales (Million USD) by Application (2019-2028)
Table 7. The Major Downstream Company in China
Table 8. Regional Market Share in Terms of Sales (2023)
Table 9. Regional Market Share in Terms of Revenue (2023&2028)
Table 10. Ranking of Global Top Smart Home Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Smart Home Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 13. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 14. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 15. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Smart Home Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 19. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 20. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 21. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Smart Home Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 25. Table Current and Estimated Sales Breakdown by Type
Table 26. Current and Estimated Sales Breakdown by Type
Table 27. Current and Estimated Sales Breakdown by Application
Table 28. Current and Estimated Revenue Breakdown by Application
Table 29. Japan Smart Home Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 30. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 31. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 32. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Smart Home Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 36. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 37. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 38. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Smart Home Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 42. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 43. Current and Estimated Sales Breakdown by Type (2019-2028)
Table 44. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Smart Home Sales (K Unit), Market Revenue (Million USD) (2019-2028)
Table 48. Table Current and Estimated Sales Breakdown by Type (2019-2028)
Table 49. Current and Estimated Sales Breakdown by Application (2019-2028)
Table 50. Current and Estimated Revenue Breakdown by Type
Table 51. Current and Estimated Revenue Breakdown by Application
Table 52. Market Price (USD/Unit) for Each Type of Smart Home in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Smart Home in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Smart Home in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Smart Home in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Smart Home in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Smart Home in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Smart Home in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. Samsung Profiles
Table 61. Samsung Smart Home Product Introduction
Table 62. Samsung Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 63. Samsung Strategic initiatives
Table 64. BSH Profiles
Table 65. BSH Smart Home Product Introduction
Table 66. BSH Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 67. BSH Strategic initiatives
Table 68. GE Profiles
Table 69. GE Smart Home Product Introduction
Table 70. GE Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 71. GE Strategic initiatives
Table 72. Whirlpool Profiles
Table 73. Whirlpool Smart Home Product Introduction
Table 74. Whirlpool Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 75. Whirlpool Strategic initiatives
Table 76. LG Profiles
Table 77. LG Smart Home Product Introduction
Table 78. LG Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 79. LG Strategic initiatives
Table 80. Electrolux Profiles
Table 81. Electrolux Smart Home Product Introduction
Table 82. Electrolux Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 83. Electrolux Strategic initiatives
Table 84. Panasonic Profiles
Table 85. Panasonic Smart Home Product Introduction
Table 86. Panasonic Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 87. Panasonic Strategic initiatives
Table 88. Miele & Cie Profiles
Table 89. Miele & Cie Smart Home Product Introduction
Table 90. Miele & Cie Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 91. Miele & Cie Strategic initiatives
Table 92. Philips Profiles
Table 93. Philips Smart Home Product Introduction
Table 94. Philips Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 95. Philips Strategic initiatives
Table 97. IRobot Profiles
Table 98. IRobot Smart Home Product Introduction
Table 99. IRobot Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 100. IRobot Strategic initiatives
Table 101. Ecovacs Profiles
Table 102. Ecovacs Smart Home Product Introduction
Table 103. Ecovacs Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 104. Ecovacs Strategic initiatives
Table 105. Neato Profiles
Table 106. Neato Smart Home Product Introduction
Table 107. Neato Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 108. Neato Strategic initiatives
Table 109. Haier Profiles
Table 110. Haier Smart Home Product Introduction
Table 111. Haier Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 112. Haier Strategic initiatives
Table 113. Midea Profiles
Table 114. Midea Smart Home Product Introduction
Table 115. Midea Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 116. Midea Strategic initiatives
Table 117. Hisense Profiles
Table 118. Hisense Smart Home Product Introduction
Table 119. Hisense Smart Home Sales (Unit), Revenue (Million USD) (2019-2023)
Table 120. Hisense Strategic initiatives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.
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