Smart Washing Machine is one kind of washing machine of highly automotive. Compared to the traditional machine, this kind of machine can sense the quality and weight for clothing, judge water level and time, times of washing. It built-in almost four sensors, ensuring that water level as clothing quantity, precisely controlling and washing smartly.
Smart Washing Machine Market Conspectus
Global Smart Washing Machine Market Report demonstrated that Smart Washing Machine market is poised to present surging growth during the predicted period from 9,387 million USD in 2019 to reach 23,779 million USD by 2026 with a CAGR of 14.2%. Global economic development, government regulations adjustment, related industry dynamics, industrial upgrading, and competition among market’s participators are some of the key factors that influence the Smart Washing Machine market development. A distinctive and comprehensive picture of Smart Washing Machine is embodied in the report.
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Major Participators Landscape
Key market players covered in the report such as Whirlpool, LG Electronics, Bosch, Samsung, GE Appliances, Haier Electronics, Electrolux AB, Siemens AG, TCL Corp., and Panasonic. These players’ market share, revenue, company profile, and SWOT analysis are covered in the Smart Washing Machine report. In the future, production and consumption are estimated to continue developing with a stable growth rate. As a result of meeting the surging demand, more manufacturers are expected to go into this industry.
Market Dynamics Abstract
First and foremost, the increased number of dual-income households coupled with insufficient time for laundry has led to the growing demand for laundromats. Additionally, the growth in the hospitality sector in emerging countries and the advent of on-demand services are expected to propel the commercial washing machine growth. Furthermore, energy labels and energy efficiency policies have enabled manufacturers to focus on the development of energy-efficient products. However, the startups in this industry are struggling to fill in the gap by providing comprehensive solutions at a reasonable price.
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Smart Washing Machine Type Abstract
On the basis of the type, the Smart Washing Machine can be bifurcated into Top Loader, and Front Loader.
Smart Washing Machine Application Abstract
The Smart Washing Machine is commonly used in Domestic Use and Commercial Use.
Key Regions Overview
The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.
The Asia Pacific occupied the largest market share of 35.21% and anticipated to witness stable growth over the predicted years. The growth can be attributed to the large penetration of these products in the Chinese market. The rapidly expanding middle-class population along with the increasing demand for fully automatic and smart connected washing machines from the emerging countries of Indonesia, India, and Vietnam is anticipated to contribute to the regional demand. Europe occupied a share of 28.56% in2018. North America held a share of 26.53% in 2018 owing to the need for replacing the traditional with smart connected machines. The U.S. is expected to hold the largest share of the smart washing machines market in North America during the forecast period. Canada is another major market for smart washing machines in the North America region.
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Smart Washing Machine Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Smart Washing Machine Market by Types
4 Segmentation of Smart Washing Machine Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Smart Washing Machine Market in Major Countries
7 North America Smart Washing Machine Landscape Analysis
8 Europe Smart Washing Machine Landscape Analysis
9 Asia Pacific Smart Washing Machine Landscape Analysis
10 Latin America, Middle East & Africa Smart Washing Machine Landscape Analysis
11 Major Players Profile
11.1 Whirlpool
11.1.1 Whirlpool Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 LG Electronics
11.3 Bosch
11.4 Samsung
11.5 GE Appliances
11.6 Haier Electronics
11.7 Electrolux AB
11.8 Siemens AG
11.9 TCL Corp.
11.10 Panasonic
…
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