#Smart Connected Washing Machine Market share

[amr-jayprakash]

The Global Smart Connected Washing Machine Market was valued at $3,712 million in 2016, and is projected to reach $13,631 million by 2023, growing at a CAGR of 22.60% from 2017 to 2023. Washing machines are home appliances used for washing laundry, as they save time and energy. A smart connected washing machine operates by connecting to the internet using the household Wi-Fi, thereby enabling the user to get real-time information about the washing along with remote access & control. Numerous technological advancements have been carried out in these washing machines during the last decade, leading to their higher efficiency, in terms of saving water and electricity. This in turn makes the smart connected washing machines more lucrative to consumer, as they help in cutting down the cost and effort of doing laundry.

[savibangar]

Comprehensive Insight into the Smart Home Market by Meticulous Research®

Meticulous Research®, a prominent global market research firm, has released an in-depth report titled “Smart Home Market by Product Type (Smart Lighting Systems, Smart Speakers, Smart Security & Monitoring Systems, Smart Home Appliances), Protocol & Standard (Wireless Protocols, Wired Protocols, Hybrid Protocols), and Geography - Global Forecast to 2031.” This extensive analysis reveals that the global smart home market is anticipated to reach a staggering $354.9 billion by 2031, exhibiting a robust compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.

>> Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5029?utm_source=article&utm_medium=Social&utm_campaign=Product&utm_content=14-10-2024

The growth of the smart home market can be attributed to various factors, including an increasing emphasis on home safety and security, the rapid proliferation of Internet of Things (IoT) technology, and a rising demand for energy efficiency solutions. Nevertheless, challenges such as consumer reluctance to adopt new technologies and high initial costs are likely to restrain market expansion.

Additionally, the report identifies significant growth opportunities in the Asia-Pacific and Middle East & Africa regions, driven by a consumer demand for flexibility and customization. However, issues surrounding data privacy, security, and compatibility with existing infrastructure pose serious challenges to growth in the smart home sector.

Market Segmentation Analysis

The smart home market is categorized by product type, including:

Smart Lighting Systems: Technologies designed for efficient lighting control.

Smart Speakers: Voice-activated devices that offer entertainment and information services.

Smart Security & Monitoring Systems: This segment is expected to hold over 23% of the market share in 2024, driven by heightened consumer concerns about home security. Innovations such as Google LLC's partnership with ADT to create an integrated smart home security system highlight the growing demand for advanced security features.

Smart Home Appliances: Includes items such as smart washing machines and refrigerators that enhance everyday convenience.

Smart HVAC Control: This includes smart thermostats and air conditioning systems designed for optimal climate control.

Among these categories, the smart speakers segment is projected to experience the highest CAGR, fueled by a growing consumer preference for advanced voice-activated devices and smart technologies.

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Protocols and Standards

The market is segmented into three main protocols: wireless, wired, and hybrid. In 2024, wired protocols are expected to dominate with over 47% market share, driven by the need for reliable communication within smart home systems. Wired systems are favored for their stability and security, particularly for applications that require high data transmission rates, such as smart TVs and security cameras.

The hybrid protocols segment, which combines both wired and wireless systems, is anticipated to register the highest CAGR. These protocols offer unique advantages, allowing for extensive connectivity without interfering with existing networks.

Regional Insights

Geographically, the smart home market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is projected to account for over 36% of the market share in 2024, driven by the availability of smart devices, consumer demand for energy-efficient solutions, and innovation in IoT technology.

Conversely, the Asia-Pacific region is set to achieve the highest CAGR of over 16.9%, attributed to a growing tech-savvy population and government initiatives promoting smart device adoption.

Key Players

Leading companies in the smart home market include Google LLC, Apple Inc., Amazon.com, Siemens AG, Samsung Electronics, Honeywell, and others. Their ongoing innovations and strategic partnerships play a pivotal role in shaping the future of the smart home industry.

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[kitchenblogs]

The Ultimate Guide to Choosing the Perfect Washer and Dryer

Doing laundry is an unavoidable part of life, but having the right washer and dryer can make this chore much more manageable and efficient. With so many options available on the market, it can be overwhelming to select the perfect appliances for your needs. In this comprehensive guide, we'll explore the key factors to consider when choosing a washer and dryer, helping you make an informed decision that will serve you well for years to come.

Size Matters: Choosing the Right Capacity

One of the most important considerations when selecting a washer and dryer is capacity. If you opt for a unit that's too small, you'll find yourself constantly running multiple loads, wasting time and energy. On the other hand, an oversized unit may be a waste of resources if you're only doing small loads.

For a single person or a couple, a standard-capacity washer and dryer with a capacity of around 3-4 cubic feet should suffice. However, if you have a larger household or tend to wash bulky items like bedding frequently, consider investing in a high-capacity washer and dryer with a capacity of 4.5-5 cubic feet or more.

Top-Load vs. Front-Load: Which One is Right for You?

When it comes to washers, you'll have to choose between a top-loading or front-loading design. Each option has its pros and cons:

Top-Load Washers:

Easier to load and unload, especially for those who have difficulty bending or reaching

Generally more affordable than front-load models

Can accommodate larger and bulkier items more easily

May be less energy and water-efficient than front-load models

Front-Load Washers:

More energy and water-efficient, saving you money on utility bills

Gentler on clothes, reducing wear and tear

Offer a larger capacity for their footprint, making them ideal for smaller spaces

May be more challenging to load and unload, especially for those with mobility issues

Energy Efficiency: Saving Money and the Environment

In today's environmentally conscious world, energy efficiency is a crucial factor to consider when purchasing a new washer and dryer. Not only does it help reduce your carbon footprint, but it can also save you money on utility bills in the long run.

Look for washers and dryers with the ENERGY STAR® certification, which indicates that the appliance meets strict energy-efficiency guidelines set by the U.S. Environmental Protection Agency (EPA). These appliances use advanced technology to optimize water and energy consumption, potentially saving you hundreds of dollars over the lifetime of the product.

Advanced Features for Convenience and Performance

Modern washers and dryers come equipped with a variety of advanced features designed to enhance your laundry experience and improve performance. Here are some popular options to consider:

Steam Cycles: Steam cycles are becoming increasingly popular in both washers and dryers. In washers, steam can help remove stubborn stains and odors, while in dryers, it can help reduce wrinkles and refresh clothing.

Automatic Dispensers: Automatic dispensers allow you to load detergent, fabric softener, and other laundry products into the machine, ensuring they're released at the optimal time during the cycle.

Sanitizing Cycles: For households with young children, elderly members, or those with compromised immune systems, a sanitizing cycle can be a valuable feature. These cycles use high temperatures to kill bacteria and allergens, providing an extra level of cleanliness.

Smart Connectivity: Many modern washers and dryers now offer smart connectivity, allowing you to monitor and control your appliances remotely via a smartphone app. This can be incredibly convenient, enabling you to start or pause a cycle from anywhere or receive notifications when a load is finished.

Noise Reduction: Newer models often incorporate noise-reduction technology, making them quieter and less disruptive, especially in open-concept homes or apartments with shared walls.

Style and Design: Complement Your Home's Aesthetic

While functionality is paramount, the style and design of your washer and dryer shouldn't be overlooked. These appliances can occupy a significant amount of space in your laundry room or utility area, so choosing models that complement your home's aesthetic can contribute to a cohesive and visually appealing environment.

From sleek and modern designs to more traditional styles, there's a wide range of options available to suit any décor preference. Consider the finishes, colors, and overall look of the appliances to ensure they blend seamlessly with your existing interior design.

Installation and Maintenance: Ensuring Longevity

Proper installation and regular maintenance are crucial for ensuring the longevity and optimal performance of your washer and dryer. While some models may be suitable for DIY installation, it's generally recommended to have them installed by a professional. This can help prevent issues such as improper leveling, drainage problems, or electrical hazards.

Routine maintenance, such as cleaning the lint trap and maintaining proper airflow, can also extend the lifespan of your appliances and prevent costly repairs down the line. Refer to the manufacturer's instructions for specific maintenance guidelines and schedules.

Making the Right Choice

Choosing the perfect washer and dryer requires careful consideration of your household's needs, budget, and personal preferences. Take the time to assess your laundry habits, space constraints, and desired features before making a purchase.

Don't hesitate to consult with knowledgeable sales associates or read online reviews to gather valuable insights and ensure you're making an informed decision. With the right washer and dryer, you can turn a mundane household chore into a more efficient and enjoyable experience.

Remember, investing in high-quality appliances not only adds convenience to your daily life but can also contribute to long-term cost savings and environmental sustainability. By taking the time to choose the perfect washer and dryer for your home, you'll be setting yourself up for years of hassle-free laundry days ahead.

[priyanshisingh]

Household Appliances Market Overview: Growth Factors and Future Trends (2023-2032)

The global demand for Household Appliances was valued at USD 602514.2 million in 2023 and is expected to reach USD 1035351.78 million in 2032, growing at a CAGR of 6.20% between 2024 and 2032.

The household appliances market encompasses a wide range of devices and equipment used for everyday domestic tasks such as cooking, cleaning, and food preservation. This market includes major appliances like refrigerators, washing machines, dishwashers, ovens, and air conditioners, as well as small appliances such as microwaves, vacuum cleaners, coffee makers, and blenders. The growth of this market is driven by factors such as increasing urbanization, rising disposable incomes, and technological advancements that enhance convenience and efficiency.

Consumers are increasingly seeking smart appliances with features like energy efficiency, connectivity, and automation, which allow for better control and monitoring of household tasks. Additionally, the trend towards sustainable living is leading to a higher demand for eco-friendly and energy-efficient appliances. Key players in the market, such as Whirlpool, Samsung, LG, and Electrolux, continually innovate to meet evolving consumer preferences and regulatory standards. The household appliances market is highly competitive and global, with significant growth potential in emerging economies where rising living standards and expanding middle classes are driving demand for modern home conveniences.

Major Household Appliances-

Refrigerators: Used for preserving food by keeping it cold.

Washing Machines: Used for cleaning clothes automatically.

Dishwashers: Used for cleaning dishes and utensils.

Ovens: Used for baking, roasting, and cooking food.

Air Conditioners: Used for cooling and sometimes heating indoor air.

Microwaves: Used for quick cooking, heating, and defrosting food.

Dryers: Used for drying clothes after washing.

Small Appliances-

Vacuum Cleaners: Used for cleaning floors, carpets, and upholstery.

Coffee Makers: Used for brewing coffee.

Blenders: Used for blending, mixing, and pureeing food and drinks.

Toasters and Toaster Ovens: Used for toasting bread and baking small items.

Electric Kettles: Used for boiling water quickly.

Irons: Used for removing wrinkles from clothes.

Food Processors: Used for chopping, slicing, and dicing food.

Kitchen Appliances-

Stoves and Cooktops: Used for cooking food using gas or electricity.

Slow Cookers: Used for cooking food at low temperatures over a long period.

Pressure Cookers: Used for cooking food quickly under high pressure.

Rice Cookers: Used for cooking rice perfectly and sometimes other grains.

Juicers: Used for extracting juice from fruits and vegetables.

Cleaning Appliances-

Steam Mops: Used for deep cleaning floors with steam.

Robotic Vacuum Cleaners: Automated devices used for cleaning floors without manual intervention.

Carpet Cleaners: Used for deep cleaning carpets.

Personal Care Appliances-

Hair Dryers: Used for drying hair quickly.

Electric Shavers: Used for shaving facial or body hair.

Hair Straighteners: Used for straightening hair.

Home Comfort Appliances-

Humidifiers: Used for adding moisture to the air.

Dehumidifiers: Used for removing moisture from the air.

Heaters: Used for providing warmth during cold weather.

Fans: Used for circulating air and providing cooling.

Health and Wellness Appliances-

Air Purifiers: Used for cleaning the air of pollutants and allergens.

Water Purifiers: Used for making drinking water safe and clean.

Electric Massagers: Used for relieving muscle tension and pain.

Household Appliances Market Challenges:

Intense Competition-

Market Saturation: The household appliances market is highly competitive, with numerous established brands and new entrants constantly vying for market share.

Price Wars: Intense competition often leads to price wars, which can erode profit margins for manufacturers and retailers.

Technological Advancements-

Rapid Innovation: The fast pace of technological advancements requires companies to continually invest in research and development to stay relevant and competitive.

Obsolescence: Products can quickly become outdated, forcing companies to regularly update their offerings, which can be costly.

Supply Chain Disruptions-

Global Dependencies: The global nature of the supply chain makes it vulnerable to disruptions caused by geopolitical tensions, natural disasters, and pandemics.

Logistics Issues: Shipping delays and increased transportation costs can impact the timely delivery of products and overall profitability.

Regulatory Compliance-

Environmental Regulations: Increasingly stringent environmental regulations require manufacturers to produce energy-efficient and eco-friendly products, which can increase production costs.

Safety Standards: Adhering to various safety standards across different regions can be complex and expensive.

Sustainability Concerns-

Eco-Friendly Materials: The demand for sustainable and recyclable materials poses a challenge, as they can be more expensive and harder to source.

Waste Management: Managing electronic waste and ensuring proper disposal or recycling of old appliances is a growing concern.

Consumer Expectations-

Quality and Reliability: Consumers expect high-quality, reliable products, and any failure can lead to loss of brand reputation and customer loyalty.

Smart Features: Increasing demand for smart and connected appliances requires significant investment in technology and infrastructure.

Economic Fluctuations-

Recession Impact: Economic downturns can lead to reduced consumer spending on non-essential items, including household appliances.

Currency Fluctuations: Exchange rate volatility can affect the cost of imported components and overall pricing strategies.

Key Players:

Dick GmbH & Co (Germany)

GLOBAL APPLIANCES USA (U.S.)

KAI USA LTD (U.S.)

Kiya corp. (Japan)

A.C. Knife (U.S.)

Messermeister (Germany)

Victorinox AG (Switzerland)

Anker Innovation Technology Co., Ltd. (China)

Samsung Electronics Co., Ltd (South Korea)

Shenzhen Proscenic Technology Co. Ltd. (China)

Neato Robotics, Inc. (U.S.)

Cecotec Innovaciones S.L. (Spain)

G. Electronics Inc (South Korea)

Dyson Limited (U.K.)

Panasonic Corporation (Japan)

Sharp Corporation (U.S.)

More About Report- https://www.credenceresearch.com/report/household-appliances-market

The household appliances market is influenced by a variety of dynamic factors that shape its growth, trends, and competitive landscape. Understanding these dynamics is crucial for market players to navigate the industry effectively. Here are the key dynamics:

Consumer Preferences and Behavior:

Smart and Connected Appliances: There is a growing preference for smart appliances that offer remote control, automation, and connectivity with other smart home devices.

Energy Efficiency: Consumers are increasingly seeking energy-efficient appliances to reduce electricity bills and minimize environmental impact.

Aesthetic and Design: Stylish and aesthetically pleasing designs are becoming important as consumers look for appliances that complement their home decor.

Convenience and Ease of Use: Features that enhance convenience and ease of use, such as touch controls, voice commands, and self-cleaning functions, are highly valued.

Technological Trends:

Internet of Things (IoT): Integration of IoT technology in appliances allows for smart functionality, remote monitoring, and control, leading to improved user experience.

Artificial Intelligence (AI): AI-driven appliances offer advanced features like predictive maintenance, personalized settings, and enhanced performance.

Sustainability Innovations: Development of eco-friendly appliances using sustainable materials and technologies to reduce energy and water consumption.

Competitive Landscape:

Major Players: Dominated by global giants such as Whirlpool, Samsung, LG, Electrolux, and Bosch, which continuously innovate and expand their product portfolios.

Local Brands: In emerging markets, local brands compete effectively by offering cost-effective solutions tailored to regional preferences.

Mergers and Acquisitions: Companies engage in mergers, acquisitions, and strategic partnerships to expand their market presence and technological capabilities.

Regulatory and Environmental Factors:

Energy Regulations: Governments worldwide are implementing stringent energy efficiency standards, compelling manufacturers to produce compliant appliances.

Environmental Policies: Policies promoting the reduction of carbon footprints and the use of eco-friendly materials influence product development and manufacturing processes.

Safety Standards: Compliance with safety regulations is crucial to ensure consumer safety and avoid legal repercussions.

Economic Influences:

Economic Stability: Economic conditions significantly impact consumer spending on household appliances. Economic downturns can lead to reduced demand, while periods of growth boost sales.

Currency Fluctuations: Exchange rate volatility affects the cost of imported components and final product pricing, influencing profitability.

Supply Chain Dynamics:

Global Supply Chain: The globalized supply chain for components and raw materials can be vulnerable to disruptions caused by geopolitical tensions, natural disasters, and pandemics.

Logistics and Distribution: Efficient logistics and distribution networks are essential to ensure timely delivery and availability of products in various markets.

Marketing and Branding:

Brand Loyalty: Strong brand recognition and loyalty play a crucial role in consumer purchasing decisions. Established brands invest heavily in marketing to maintain their market position.

Digital Marketing: The rise of digital marketing, social media, and influencer collaborations enhances brand visibility and consumer engagement.

E-commerce and Retail Trends:

Online Sales Growth: The shift towards online shopping, accelerated by the COVID-19 pandemic, has led to increased sales through e-commerce platforms.

Omni-channel Strategies: Companies are adopting omni-channel retail strategies, integrating online and offline sales channels to provide a seamless shopping experience.

Segmentation:

By Major Appliance Segmentation:

Refrigerators and Freezers

Cooking Ranges and Ovens

Dishwashers

Range Hoods and Ventilation Systems

Food Processors and Blenders

Laundry Appliances:

Washing Machines

Clothes Dryers

Washer-Dryer Combos

Ironing Systems

Water Heaters and Boilers

Air Conditioners and Heaters

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[trendingreportz]

Electric Motor Market - Forecast(2024 - 2030)

 Electric Motor Market Overview

Electric Motor Market Size is forecast to reach $169 billion by 2030, at a CAGR of 5.6% during 2024-2030. The increase in global electricity consumption and the use of electrical equipment and machines in different industries and the renewables sector are major factors driving the growth in the electric motor market during the forecast period. An increase in awareness of green vehicles among customers has been a key factor leading the market. Besides this, a rising number of government incentives to encourage sales of green vehicles for safeguarding the environment from carbon emissions is analysed to drive the market. The growing interest in sustainable transportation has driven the demand for electric vehicles. Electric motors play a crucial role in powering EVs, and advancements in motor technology contribute to increased efficiency and range. The industrial sector is witnessing the integration of electric motors with the Internet of Things (IoT) and Industry 4.0 technologies. This integration allows for real-time monitoring, predictive maintenance, and improved efficiency in industrial processes.

Smart motor technologies, incorporating features like connectivity, sensors, and advanced control systems, are becoming more prevalent. These innovations contribute to better performance, remote monitoring, and enhanced automation in various applications. Developments in motor control systems, including advanced algorithms and power electronics, contribute to improved motor performance, reduced energy losses, and enhanced control precision. There is an increasing emphasis on developing more energy-efficient electric motors to meet sustainability goals and reduce energy consumption. Regulations and standards promoting energy efficiency also influence the design and manufacturing of electric motors. Additionally, Electric motors have been observing several advancements in technology over the past few years, owing to which its demand is set to gain higher traction during the forecast period 2024-2030.

Report Coverage

The report: “Electric Motor Market Report– Forecast (2024-2030)”, by IndustryARC covers an in-depth analysis of the following segments of the Electric Motor market

By Product Type: AC Motor (Induction Motor, Synchronous Motor, Servo Motor, Stepper Motor), DC Motor (Brushed DC Motor, Brushless DC Motor, Servo Motor, Series Motor, Stepper motor, Compound Motor).

By Product Category: Permanent Magnet, Non-Permanent Magnet.

By Phase: Single Phase, Three Phase.

By Power Rating: Below 0.5W, 0.5W-1W, 1W to 100W, 100W to 1KW, 1KW to 10KW, 10KW and Above.

By Efficiency: IE1, IE2, IE3, IE4.

By Application: Commercial (Automated Doors, Elevators & Escalators, Blowers, Electric Sweepers, Hand Dryers, Data Center & UPS, Pumps, Power Tools, Water Coolers, Camera PTZ Control, Drones, Others), Consumer Products (Pumps, Hair Dryers, Lawn Mowers, Boilers, Dishwashers, Vacuum Cleaners, washing machine, Blenders & Mixers, Fans & Chimneys, Desktop & Laptops, Smartphones, Refrigerators, Others), Automotive (Body Control motors, EPS Motors, Brake Booster BLDC Motor, Seat Adjustment, Belt Tensioner, Car Window Motor, Door Lock Motors, Wiper Motor, Others), Medical & Healthcare (Diagnostic Equipment (CT Scanners, MRI, Biopsy Systems, Diagnostics Analyzers, Ultrasound Transducers, X-Ray, Others), Medical Centrifuges, Medical Pumps, Blowers and Compressors, Surgical Instruments (Saws, Drills, Surgical Robots, Others), Dental CAD/CAM Milling Machines, Exoskeleton & Prosthetics, Microscopes, Wheelchairs & Scooters, Stair Lifts, Hospital Beds & Exam Tables, Others).

By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia, Netherlands, Poland, Czechia, Belgium, Sweden  and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle East and Africa)

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Key Takeaways

• The rising demand for efficient energy usage over concerns of environmental impact of energy generation from conventional sources such as coal and natural gas, is expected to help grow the electric motor market in APAC.

• The DC Motor segment is growing at a significant CAGR of 7.6% in the forecast period 2024-2030. A DC motor consists of a stator and a rotor.

• Medical & Healthcare sector is expected to witness a highest CAGR of 8.5% the forecast period 2024-2030, due to its extensive reliance on electrically powered devices and equipment. Diagnostic imaging equipment, such as MRI and CT scanners, demands high-performance electric motors for precise movements and accurate imaging. 

• Electric Motor companies are strengthening their position through mergers & acquisitions and continuously investing in research and development (R&D) activities to come up with solutions to cater to the changing requirements of customers. 

Electric Motor Market Segment Analysis - By Product Type

The DC Motor segment is expected to grow at a significant CAGR of 7.6% during the forecast period 2024-2030. Owing to the growing penetration of brushless DC motors across various industry verticals substituting brushed dc and even ac induction motors in certain applications such as home appliances. DC motors are used in electric vehicles in the automotive industry for various non-traction applications, contributing to the ongoing shift towards sustainable transportation. As the demand for electric vehicles grows, so does the demand for efficient and dependable DC motors. DC motors are also widely used in industrial automation, powering conveyor systems, robotics, and manufacturing equipment. Owing to the ease of control, they are suitable for accurate and regulated movements in automated processes.

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Electric Motor Market Segment Analysis - By Application

Medical & Healthcare sector is expected to witness a highest growth of CAGR 8.5% during the forecast period 2024-2030, owing to the increase in investments in healthcare and medical sector, along with growing penetration of advanced medical devices & equipment in the sector such as surgical robots, advanced imaging & diagnostic equipment, prosthetics and so on. Medical advances and technical improvements have resulted in the development of a wide range of medical instruments and gear that significantly rely on the precision and efficiency provided by electric motors. High-performance electric motors are required for precise motions and accurate imaging in diagnostic imaging equipment such as MRI and CT scanners. Electric motors provide stability and consistency to patient care and monitoring systems such as infusion pumps and monitoring equipment. Furthermore, the incorporation of electric motors in mobility aids such as electric wheelchairs and patient lifts improves accessibility for people who have mobility issues. Electric motors are used in laboratory equipment, robotic surgical systems, and a variety of medical tools, all of which contribute to the overall efficiency and improvement of healthcare techniques. The demand for electric motors is on the rise as the healthcare industry evolves and adopts more technologically sophisticated solutions, fueling additional innovation in this critical sector.

Electric Motor Market Segment Analysis - By Geography 

Electric Motor market in Asia-Pacific region held significant market share of 38% in 2023. Increasing compliance for energy efficient motors and rising adoption of motor-driven electric vehicles are the key factors driving market growth.  The rising demand for efficient energy usage over concerns of environmental impact of energy generation from conventional sources such as coal and natural gas, is expected to help grow the electric motor market. In addition, advancements in the agriculture sector and enormous investments in industrialization in countries such as China, India, South Korea, and Australia is driving the market growth. Further, the increasing production and sales of electric vehicles in countries including China and Japan is also analyzed to drive the market growth. 

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Electric Motor Market Drivers

Rise in demand for Electric Vehicles

The electric car market has witnessed rapid evolution with the ongoing developments in automotive sector and favorable government policies and support in terms of subsidies and grants, tax rebates. Major manufacturers such as General Motors, Toyota, and BMW plan to release a potential of 400 models and estimated global sales of 25 million by 2025. In 2022, Ford Motor has committed to increase its investments in electric vehicles to $50 billion by 2026, up from a previous spend of $30 billion by 2025. Similarly, in 2020, Volkswagen, Chinese ventures has committed to invest $17.5 billion in electric vehicles by 2025. As electric vehicles use various types of electric motors for traction & auxiliary applications, the rising demand for electric vehicles globally is set to assist the market growth for electric motors used in the same.

Growing R&D activities 

Manufacturers are continuously focusing on R&D to develop new and effective electric motors to meet consumer demand. Increasing concerns, such as environmental pollution and regulations, are forcing manufacturers to develop electric motors that reduce vibration and increase efficiency. For instance, a synchronous electric motor is around 80% more efficient than an induction electric motor. Similarly, the development of a new type of steel for electric motors, which reduces the weight of the electric motor and makes it more efficient and powerful. This new type of electric motor will be small in size and cost effective, which will raise demand from residential and commercial applications. Moreover growing developments from various companies is also analysed to drive the market growth. Hence these factors are analysed to drive the market growth in the forecast period 2024-2030.

Electric Motor Market Challenges 

Easy availability of low-quality electric motors

The market for electric motors is highly fragmented, with a significant number of domestic and international manufacturers. Product quality is a primary parameter for differentiation in this market. The organized sector in the market mainly targets industrial buyers and maintains excellent product quality, while the unorganized sector offers low-cost alternatives to tap local markets. Local manufacturers of electric motors in most countries target the unorganized sector and compete strongly with the global suppliers in the respective markets. Leading market players are currently exposed to intense competition from such unorganized players supplying inexpensive and low-quality electric motors. This acts as a key challenge for the growth of the market.

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Market Landscape

Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Electric Motor market. Electric Motor top 10 companies include:

ABB Ltd

Johnson Electric Holdings Limited

Siemens AG

Rockwell Automation

Nidec Corporation

Bosch Electric

Regal Rexnord

Franklin Electric Company Inc.

Teco Electric & Machinery Co. Ltd.

Wolong Electric Group co. ltd.

Acquisitions/Product Launches

• In July 2023, Nidec Corporation announced that it has successfully developed a new electric power steering motor power pack*1 (“EPS-PP”).

• In July 2023, WEG announced new investments for its motor manufacturing plant located in Manaus, Brazil. The Company will invest R$ 48 million, in the next three years, to expand production capacity and adapt the plant to produce a new line of permanent magnet electric motors for split-type air conditioners

• In December 2023, Johnson Electric Launches 48-Volt Cooling Fan Module with High Power and Efficiency. Johnson Electric is pleased to announce the launch of the 48-Volt Cooling Fan Module with power up to 1.5kW to meet the most demanding cooling requirements.  The need to reduce emissions and increase the electrification of the vehicle, requires higher cooling performance and efficiency.

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Washing Machine Market Size, Share, Top Companies, Report 2024-2032

IMARC Group's report titled "Washing Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". The global washing machine market size reached US$ 51.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 68.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/washing-machine-market/requestsample

Factors Affecting the Growth of the Washing Machine Industry:

Ongoing Technological Advancements:

The washing machine industry's growth is significantly influenced by continuous technological advancements. Manufacturers are constantly introducing innovations to cater to consumer demands for more efficient, user-friendly, and feature-rich appliances. For instance, the integration of smart technology allows users to control and monitor their washing machines remotely, making laundry tasks more convenient. Additionally, improvements in energy and water efficiency and the development of advanced washing techniques are contributing to market growth by aligning with consumers' desire for effective and environmentally responsible laundry solutions.

Changing Lifestyles and Rapid Urbanization:

The washing machine industry experiences robust growth due to shifting consumer lifestyles and increasing urbanization. Urban living often translates to smaller living spaces, driving the demand for compact and space-efficient washing machines that fit well in apartments and homes with limited room. Furthermore, the rise of fast-paced lifestyles has escalated the need for time-saving appliances. This, in turn, has accelerated the adoption of washing machine. As people have less time for household chores, the enhanced convenience of automated laundry solutions has augmented the demand for washing machines, thereby propelling the market growth.

Rising Environmental Concerns and Energy Efficiency:

The growth of the washing machine industry is primarily driven by the growing environmental concerns and the heightened emphasis on energy efficiency. Governments worldwide are implementing stricter regulations and standards to reduce energy consumption and water waste. This, in turn, has prompted washing machine manufacturers to develop models that meet these eco-friendly criteria. Energy-efficient washing machines also reduce utility bills and align with consumers' desires to reduce their carbon footprint. Furthermore, the ability of market to produce environmentally responsible appliances that appeal to a more conscious consumer base is supporting the growth of the market.

Leading Companies Operating in the Global Washing Machine Industry:

AB Electrolux

Alliance Laundry Systems LLC

Godrej Group

Haier Group Corporation

IFB Industries Limited

LG Electronics Inc.

MIRC Electronics Limited

Panasonic Corporation

Robert Bosch GmbH

Samsung Electronics Co. Ltd.

Toshiba Corporation

Whirlpool Corporation

Washing Machine Market Report Segmentation:

By Product:

Fully Automatic

Front Load

Top Load

Semi-Automatic

Dryers

Fully automatic represented the leading segment due to its user-friendly operation and efficiency, making it the top choice for consumers.

By Technology:

Smart Connected

Conventional

Smart connected accounted for the largest market share owing to its remote control and advanced features, meeting modern consumers' demands.

By Capacity:

Below 6 kg

6.1 to 8 kg

Above 8 kg

6.1 to 8 kg represented the largest segment on account of the versatility of these machines, accommodating various laundry needs.

By Application:

Healthcare

Hospitality

Others

On the basis of the application, the market has been divided into healthcare, hospitality, and others.

By End Use:

Commercial

Residential

Commercial held the majority of the market share due to the widespread adoption of washing machines in businesses and laundry facilities.

Regional Insights:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

Asia Pacific’s dominance in the washing machine market is attributed to the large consumer base and robust economic growth in the region.

Global Washing Machine Market Trends:

Ongoing technological innovation represents the primary factor driving the market growth, with the leading manufacturers continuously enhancing washing machines to offer advanced features and improved efficiency, meeting the demands of modern consumers. Apart from this, changing lifestyles and emerging urbanization trends are fueling the market growth, as urban dwellers seek space-efficient appliances that streamline their busy lives. Furthermore, the escalating environmental consciousness and the rising emphasis on energy efficiency, which compels manufacturers to produce washing machines that align with stricter regulations and consumers' desire to reduce their environmental impact is contributing to market growth.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us: IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

[lovelypol]

🌀🧺 Dive into the World of Washing Machines: Spin Cycles and Beyond! 🧼🌟

Hey Tumblr fam! 👋 Let's talk laundry and the fascinating world of washing machines today. Whether you're a laundry guru or a laundry newbie, there's something exciting for everyone in the washing machine market. 🌊✨

🌈 Variety Galore: Washing machines come in all shapes and sizes, from compact front-loaders to massive top-loaders. Finding the perfect fit for your laundry room has never been easier. 💼🏡

💧 Efficiency Matters: Energy-efficient and water-saving models are on the rise, helping you save money and reduce your environmental footprint, one load at a time. 🌿💰

🌪 Power of Technology: Smart washing machines are the future! They connect to your smartphone, offer custom wash cycles, and even reorder detergent when you're running low. 📱🤖

🧼 Specialty Washes: Stains, allergens, delicates? There's a wash cycle for everything! Specialized features cater to all your laundry needs, ensuring your clothes come out clean and fresh. 👗🌸

🌐 Eco-Friendly Fabrics: Sustainable materials are becoming more prevalent, not only in clothing but also in washing machine components. Eco-conscious choices are making waves! 🌍🌱

🔄 Stackable Solutions: For those with limited space, stackable washer-dryer combos are a game-changer, offering convenience and functionality in a small footprint. 🏢🔄

🎉 Style and Aesthetics: Washing machines have come a long way in terms of design. Sleek and stylish models can complement your home decor effortlessly. 🏡✨

Whether you're shopping for a new washing machine or just curious about the latest trends, the washing machine market has something for everyone. Share your laundry hacks and appliance love in the comments! 🧺❤️

#WashingMachineMarket #LaundryDay #HomeAppliances #SmartTech #Sustainability #LaundryHacks #Efficiency #HomeSweetHome #CleanClothes #WashingMachineLove

[dnstore]

হাতে জামা-কাপড় পরিষ্কার করার দিন শেষ | কমদামে কিনুন ওয়াশিং মেশিন | Haier Washing Machine Price In BD

Best Brands washing machine price in Bangladesh. Best Brands Haier Washing Machine Price in Bangladesh from dn store. Premium Washing Machines: Front Loading & Top Loading Best price in Dhaka.

নোট: পণ্যের দাম ওঠানামা করে, সেক্ষেত্রে সঠিক দাম জানতে এখানে দেওয়া নম্বরে যোগাযোগ করুন।

:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

Shop Name: " DN STORE "

Address:

Shop: 1-2, And 21-22-23, (Ground Floor), Biswas Builders, New Market City Complex, New Market, Dhaka-1205

📱 Dn Store Call Center 📱

Offline Call:

Mobile:

01719-439533

01681-440688

01851-083947

HotLine: 0255161638

Online Call:

(Imo):

01923-738845

01884-718571

01851-083947

01628-606660

(WhatsApp, Viber):

01719-439533

01681-440688

01851-083947

Payments:

💳 Bkash Agent: 01970333111

Mobile Banking Personal:

01719439533 (Bkash)

01851083947 (Bkash)

01628606660 (Bkash)

01681440688 (Nagad), (Rocket)

Service Center & Service Complaint:

01407063815 (Imo, WhatsApp)

DN STORE Location's Google Maps.....

🔗 https://g.page/r/Cc5uyhixWh4HEAE

:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::

Facebook...

🔗 http://facebook.com/dnstorebd

Dn Store Offer Now:...

🔗 https://dnstore.com.bd/product-category/offer/

Facebook Groups...

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dnstore.com.bd Social Site:

Website...

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YouTube:

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Facebook:

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#washingmachine #dnstorebd #dnstore

If you're looking to write a YouTube description for a video about washing machines, here's an example of what you might include:

"Welcome to our channel! In this video, we dive into the world of washing machines, exploring their features, functions, and tips for efficient laundry care. Whether you're a seasoned laundry expert or just starting out, this video has something for everyone.

Join us as we discuss the latest advances in washing machine technology, including energy-saving options, smart connections, and innovative washing cycles. We'll provide an in-depth review of popular washing machine models, highlighting their pros and cons to help you make an informed decision when buying your next machine.

Discover practical laundry hacks and best practices to maximize cleaning performance while extending the life of your clothes. We'll share expert advice on choosing the right detergent, sorting laundry, and tackling stubborn stains. Plus, we'll address common troubleshooting issues and offer simple solutions to keep your washing machine running smoothly.

Subscribe to our channel for more informative videos on home appliances, cleaning tips, and lifestyle hacks. Don't forget to press the notification bell so you never miss an update. Join the conversation in the comments section below, and let us know your favorite washing machine features or any questions you may have.

Thanks for watching and happy laundry day!”

Feel free to modify and adapt this example to suit your specific video content and style

[efrost]

Connected Home Appliance Market is set for a Potential Growth Worldwide: Excellent Technology Trends with Business Analysis

Latest Report Available at Advance Market Analytics, “Connected Home Appliance Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth. The global Connected Home Appliance market focuses on encompassing major statistical evidence for the Connected Home Appliance industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study. In addition the Connected Home Appliance study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked.Some key players in the global Connected Home Appliance market are

IBM Corporation (United States)

Honeywell International Inc. (United States)

BSH Hausgeräte (Germany)

Whirlpool Corporation (United States)

Robert Bosch GmbH (Germany)

LG (South Korea)

Electrolux (Sweden)

Samsung Group (South Korea)

General Electric (United States)

Panasonic Corporation (Japan)

AT&T Inc. (United States)

Philips (Netherlands) The connected home is where multiple devices and services across a variety of sectors are integrated to offer greater convenience and peace of mind in the domestic environment. The connected home cannot be just about kitting homes out with fancy gadgetry to do things we already do, just with more ease. These connected devices and services need to empower people and give them more control over their lifestyles.What's Trending in Market: Advancements are Being Made in Technology

Development of High Speed Internet Leading to Easy Operation of Devices

Challenges: High Consumption of Electric Power

High Risk of Failure of Electronic Devices

Market Growth Drivers: Increasing Adoption of Internet of Things Leading to Increasing Popularity of Smart Home Appliances

Improved Standard of Living in Developed and Developing Countries

The Global Connected Home Appliance Market segments and Market Data Break Downby Type (Smart Energy (Lighting, Meters, Radiator Valve), Smart Entertainment (TV, Interactive Speakers, Smart Plug), Home Monitoring & Control (Alarm System, Motion Sensor, Security Camera, Smart Lock), Health (Baby Monitors, BP Monitors, Fitness Tracker, Fall Detector), Appliance (Vacuum Cleaner, Washing Machines, Fridge, AC)), Application (Cooking, Food Storage, Cleaning, House Maintenance), Technology (Wi-Fi, Near Field Communication (NFC), Bluetooth) Presented By

AMA Research & Media LLP

[amr-jayprakash]

The Global Smart Connected Washing Machine Market was valued at $3,712 million in 2016, and is projected to reach $13,631 million by 2023, growing at a CAGR of 22.60% from 2017 to 2023. Washing machines are home appliances used for washing laundry, as they save time and energy. A smart connected washing machine operates by connecting to the internet using the household Wi-Fi, thereby enabling the user to get real-time information about the washing along with remote access & control.

[discreet1234]

Convenient Home Security with Andriod based Video Door Phone

You must have heard the saying “It’s what inside that counts.” The same holds true about technology, specifically referring to a security device for the home, the Video Door Phone (VDP). These devices are an integral part of your home security system and are in fact the first line of defense for safeguarding your home. So, a lot of emphasis needs to be placed on the heart of the smart home video door phone. Most of us know that Android is used as an Operating System (OS) in smartphones. But Android technology also has a lot to offer in terms of its use in security systems and VDPs. In this blog, we will discuss how Convenient are Android based Video Door Phones.

Compatibility

Android is an open-source project. It means that it is freely available to device manufacturers to build new and innovative devices using Android as the operating system. This inherently makes Android one of the most compatible operating systems, which means that it can work with multiple devices and applications. Android applications can function well on a variety of devices, including video door phones, as long as the device supports the use.

Video Door phone allows you to operate all applications related to home security from a single place. It connects smart video doorbell, video door phone, smartphone and home security system. Though the VDP is based on Android, it can be connected to both Android and iOS Apple phones with related applications.

Onetouch Video Door Phones utilize Android OS to deliver systems that are SIP-based and can run applications from multiple security providers. It is available for smartphones as Android and iOS applications.

Familiarity

Android phones command 95.06% of the market share in India. Needless to say, the widespread use of this technology has made Indian users extremely familiar with Android user interfaces. The idea is to leverage this comfort level and extend it to video door phones and security systems as well. Users will be more at ease operating a new technology that is based on an OS they work with every day. This makes the VDP systems user-friendly rather than intimidating, which could be the case with some users as VDP is still a developing market in India. The beauty of Android is that because of its familiarity the learning curve with the Android-based security system will be very small and can be used, not just by millennial and Gen-Z consumers, but also by older generations and the elderly, who are well-versed with smartphones these days.

Onetouch VDP applications are user-friendly and easy to use. A clean and simple UI, using the familiar Android functionality, make its operation comfortable for users of various tech maturity.

Availability of Applications

Being the most popular operating system for smart phones, Android has the largest pool of applications available for users. As per recent data, there are 3.48 million applications on the Google Play Store versus around 2.22 million available on iOS. This enables an Android Video Door Phone to do much more than just function as a security system. The VDP screen shows the Google Play Store which gives you access to multiple applications that can range from operating appliances in your smart home to playing music on your smart speaker.

Onetouch VDP goes beyond the function of a smart video doorbell and video phone to become the hub of activity for your smart home automation.

Android – Built for IoT

IoT or Internet of Things refers to a connected system of smart devices ranging from TV, washing machines, smart speakers, electrical fittings and much more. IoT is increasingly becoming a part of our daily life, with many slowly turning their homes into smart automated ecosystems. Owing to its compatibility and user acceptability, Android has become the major driving force behind the growth of IoT. Companies are creating more and more apps dedicated to IoT that can be used by billions of users worldwide. A smart home video door phone and security system that can use these cutting-edge applications via the Google Play Store is a winner for users.

For More Information visit Our website-https://www.discreet.co.in/

https://www.discreet.co.in/convenient-home-security-with-andriod-based-video-door-phone%ef%bf%bc/

Onetouch VDP is an example of multifunctionality, which is a sought-after quality for IoT.

Onetouch Android Video Door Phone

Onetouch Video Door Phone is an elegant device that comes in 7” and 10” models. Being based on Android technology, It can host Smart Home App’s from all main stream automation brands and is distinctive for its immense openness. With a clean user interface and superior customer experience, Onetouch VDP is a leading smart security device for home and VDP of choice for thousands of customers across the country.

[blueweave8]

Europe Commercial Dishwasher Market Size, Share, Forecast 2022-2028

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, Europe commercial dishwasher market size to grow at a steady CAGR of 5.3% during the forecast period between 2023 and 2029. Europe commercial dishwasher market expansion is driven by the growing influence of lifestyle changes, a rising need of businesspeople to save time and complete tasks as soon as a possible and an increasing number of restaurants, cafes, and small-scale food outlets. Furthermore, people's busy lifestyles and increasing preference for energy star-certified products, which offer numerous benefits, such as savings on operating costs, consumption of less energy, and redundancy is expected to boost the overall market expansion. Many industrial kitchens utilize stainless steel commercial dishwashers, as stainless steel is sturdy and resistant to anything. In addition to being esthetically pleasing, it is also resistant to water, heat, and other harsh elements found in a restaurant kitchen. High disposable income is one of the primary factors driving the need for commercial dishwashers in Europe. Hence, all these factors contribute to Europe commercial dishwasher market during the period in analysis. However, the excessive cost of the commercial dishwasher is anticipated to hinder the growth of Europe commercial dishwasher market.

Europe Commercial Dishwasher Market – Overview

A commercial dishwasher is a huge, heavy-duty machine that cleans dishes and utensils. They are available in a range of sizes, with the highest capability of washing hundreds of items at once. Commercial dishwashers are essential for restaurants and other organizations that require substantial numbers of dishes to be cleaned rapidly and effectively. It is also available in hotels and other commercial establishments. They are also referred as dishwashing machines, dishwashers, or dishwashers.

Sample Report @ https://www.blueweaveconsulting.com/report/europe-commercial-dishwasher-market/report-sample

Europe Commercial Dishwasher Market – By Country

Geographically, Europe commercial dishwasher market covers major countries in the region: Germany, the UK, Italy, France, Spain, the Netherlands, Belgium, NORDIC Countries, and Rest of Europe. Among them, Germany dominates the Europe commercial dishwasher industry because of the country's growing interest in smart kitchen technologies. The UK holds second highest market share in Europe commercial dishwashers market due to commercial dishwashers are widely used in restaurants and bars. France is also expected to be a major county in Europe commercial dishwashers market, because of the country's increasing interest in leisure tourism and travel.

Impact of COVID-19 on Europe Commercial Dishwasher Market

COVID-19 had a negative impact on the European commercial dishwasher market. Stringent lockdown and travel restriction measures resulted in the closure of eateries and hotels for a prolonged length of time. Commercial dishwasher output was impeded, as manufacturing plants were either partially or completely closed. However, COVID-19 pandemic had a favorable impact on the dishwasher business. Brands, such as Voltas Beko and LG Bosch, witnessed an increase in demand for dishwashers as more consumers began to cook at home during COVID-19. Many customers started working from home, ordered fewer meals from restaurants, and cooked more. It resulted in an increase in demand for the dishwasher category. One of the primary factors expected to fuel the Europe's expansion of dishwashers is the changing lifestyle of customers. Rising acceptance of connected home appliances, increasing popularity of the modular kitchen idea, greater per capita income level, and the expanding impact of changing lifestyles are all expected to drive demand for various dishwashers across Europe.

Competitive Landscape

Major players operating in Europe commercial dishwasher market include Winterhalter Gastronom GmbH, Robert Bosch GmbH, LG Electronics, Whirlpool Corporation, SAMSUNG, Arcelik, GE Appliances, Miele & Cie. KG, AB Electrolux, Smeg S.p.A., Fagor Professional, AGA Rangemaster Limited, COMENDA-ALI GROUP, Asko Appliances, and Chefook.com. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Contact Us:

BlueWeave Research Blog

Phone No: +1 866 658 6826

Email: info@blueweaveconsulting.com

[waaaiz]

Taiwan Smart Home Market Research Report

Growth opportunities in the Taiwan Smart Home Market look promising over the next six years. This is mainly due to the increasing disposable income, numerous initiatives and strategies by the government, and the growing emphasis on the development of smart cities.

Request for a FREE Sample Report on Taiwan Smart Home Market

Taiwan Smart Home Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

One of the prominent drivers contributing to the growth of the smart home market includes suitable government plans. The government is largely emphasizing on improving the lifestyle by initiating several initiatives and policies. For example, The Digital Nation & Innovation Economic Development Program (DIGI+) introduced in 2017 to improve digital infrastructure, re-construct service-based digital government and encourage the smart city concept across cities and rural areas. Therefore, the surging focus on the expansion of smart cities will stimulate market growth. Moreover, the growing disposable income of consumers has accelerated them to chose such solutions resulting in rising demand for home and kitchen utensils. Products that include refrigerators, smart washers, and dishwashers are experiencing robust growth. Additionally, the continuous enlargement of products by key players will further strengthen the market size. For instance, LG Corporation imparts Wi-Fi enabled all-in-one washer and dryer, which permits complete control over the appliance and uses the LG Smart ThinQ app to work.

However, the risk of cyber-attacks associated with these devices as they are connected to the internet and the life of many people rely on the services or safety provided by such devices. Thus, producers require to maintain cybersecurity as a crucial intent while designing the devices.

Product Type Drivers

Based on the product type, the smart kitchen are projected to dominate the market over the forecast period. This is because of the increasing significance of kitchen modernization or transformation to build modular kitchens. Individuals these days seek smart kitchen appliances including cooktops, cookware, and dishwashers, which can be regulated by devices such as Amazon Echo or Google Home. Moreover, the developments by the leading players in the Taiwan market are further promoting the market growth. LG Electronics, in 2017 started a series of IoT smart home appliances in Taipei, which includes cleaning robots, washing machines, refrigerators, and air conditioners.

Taiwan Smart Home Market Segmentation:

Segmentation by Product Type:

·        Lighting Control

·        Security and Access Control

·        HVAC Control

·        Smart Speaker

·        Entertainment and Other Controls

·        Home Healthcare

·        Smart Kitchen

·        Home Appliances

Segmentation by Offering:

·        Hardware

·        Software and Solutions

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: enquiry@gmiresearch.com Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com

[sophiajhon-blog]

Smart Connected Washing Machine Market Outlook and Growth Forecasted By 2023

A new market research report on the Global Smart Connected Washing Machine market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global Smart Connected Washing Machine market. The Global Smart Connected Washing Machine analysis is broken down on different segmentation levels including Market By Product Type, By End Users. Washing machine is commonly used for washing laundry. Smart connected washing machine connects to household WiFi, and can be controlled with the help of an app installed in the user smartphone. This smart connect technology used in washing machine enables users to get real-time information about the various stages of washing along with remote access and control. Furthermore, the smart connected washing machine helps in efficient use of electricity and water during the washing process, thereby saving on the electricity bills and conserving water. Get Report Sample Copy @ https://www.kdmarketinsights.com/sample/3859 The major factors that drive the growth of the global smart connected washing machine industry include increase in use of Internet of things (IoT) and rapid urbanization. In addition, high efficiency of smart connected washing machines, in terms of washing and energy conservation, has fuel the growth of the market. Furthermore, rise in disposable income of people is expected to fuel the demand for smart connected washing machines, as people seek for convenience products to owing to their hectic lifestyle. However, laundry shops that provide better service compared to washing machines and increase in online laundry services limit the market growth. Moreover, lack of internet penetration has restrained the market growth of smart connected washing machine. On the contrary, technological progress in washing machine technology and innovation have led to development of improved smart connected washing machines, which save energy and water consumption, thereby presenting a major opportunity for growth of the market size. The global smart connected washing machine market is segmented on the basis of product, end users, and geography. By product, the market is categorized into top load and front load. Based on end users, it is bifurcated into commercial and residential. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Major players analyzed in this report are Samsung Group (South Korea), LG Electronics Inc. (South Korea), Siemens AG (Germany), Haier Group Corporation (China), AB Electrolux (Sweden), Whirlpool Corporation (U.S.), Robert Bosch GmbH (Germany), Techtronic Industries (U.S.), Panasonic Corporation (Japan), and GE Appliances (U.S.). KEY BENEFITS FOR STAKEHOLDERS - The study provides an in-depth analysis of the smart connect washing machine market, with current trends and future estimations to elucidate the investment pockets. - Comprehensive analysis of factors that drive and restrict the market growth is provided. - The report provides a quantitative analysis to help the stakeholders to capitalize on prevailing market opportunities. - Extensive analysis of different segments facilitates to understand various products of the market. - Key players are profiled and their strategies are analyzed thoroughly to predict the competitive outlook of the market. Key Market Segments By Product Type - Top load - Front load By End Users - Residential - Commercial By Geography North America - U.S. - Canada - Mexico Europe - UK - Germany - France - Italy - Spain - Rest of Europe Asia Pacific - India - China - Japan - Australia - South Korea - Rest of Asia-Pacific LAMEA - Brazil - Argentina - UAE - South Africa - Rest of LAMEA Access Complete Research Report with TOC @ https://www.kdmarketinsights.com/product/smart-connected-washing-machine-market-amr Table of Content CHAPTER 1: INTRODUCTION 1.1. Report description 1.2. Key benefits for stakeholders 1.3. Key market segments 1.4. Research methodology 1.4.1. Primary research 1.4.2. Secondary research 1.4.3. Analyst tools and models CHAPTER 2: EXECUTIVE SUMMARY 2.1. Key finding of the study 2.2. CXO perspective CHAPTER 3: MARKET OVERVIEW 3.1. Market definition and scope 3.2. Key findings 3.2.1. Top investment pocket 3.2.2. Top winning strategies 3.3. Porter’s five forces analysis 3.3.1. Bargaining power of suppliers 3.3.2. Bargaining power of buyers 3.3.3. Thereat of new entrants 3.3.4. Threat of substitutes 3.3.5. Intensity of competitive rivalry 3.4. Market dynamics 3.4.1. Drivers 3.4.1.1. Increase in use of Internet of Things (IoT) 3.4.1.2. Increase in urbanization 3.4.1.3. Rise in disposable income 3.4.2. Restraints 3.4.2.1. Availability of laundry shops & rise in online laundry services 3.4.2.2. Lack of internet penetration 3.4.3. Opportunity 3.4.3.1. Technological and innovative advancements in the washing machine industry 3.5. Top player positioning CHAPTER 4: SMART CONNECTED WASHING MACHINE MARKET, BY PRODUCT 4.1. Overview 4.1.1. Market size and forecast 4.2. Top load 4.2.1. Key market trends, growth factors, and opportunities 4.2.2. Market size and forecast 4.2.3. Market analysis, by country 4.3. Front load 4.3.1. Key market trends, growth factors, and opportunities 4.3.2. Market size and forecast 4.3.3. Market analysis, by country CHAPTER 5: SMART CONNECTED WASHING MACHINE MARKET, BY END USER 5.1. Overview 5.1.1. Market size and forecast 5.2. Commercial 5.2.1. Key market trends, growth factors, and opportunities 5.2.2. Market size and forecast 5.2.3. Market analysis, by country 5.3. Residential 5.3.1. Key market trends, growth factors, and opportunities 5.3.2. Market size and forecast 5.3.3. Market analysis, by country CHAPTER 6: SMART CONNECTED WASHING MACHINE MARKET, BY GEOGRAPHY 6.1. Overview 6.1.1. Market size and forecast 6.2. North America 6.2.1. Key market trends, growth factors, and opportunities 6.2.2. Market size and forecast, by product 6.2.3. Market size and forecast, by end user 6.2.4. Market size and forecast, by country 6.2.5. U.S. 6.2.5.1. Market size and forecast, by product 6.2.5.2. Market size and forecast, by end user 6.2.6. Canada 6.2.6.1. Market size and forecast, by product 6.2.6.2. Market size and forecast, by end user 6.2.7. Mexico 6.2.7.1. Market size and forecast, by product 6.2.7.2. Market size and forecast, by end user 6.3. Europe 6.3.1. Key market trends, growth factors, and opportunities 6.3.2. Market size and forecast, by product 6.3.3. Market size and forecast, by end user 6.3.4. Market size and forecast, by country 6.3.5. UK 6.3.5.1. Market size and forecast, by product 6.3.5.2. Market size and forecast, by end user 6.3.6. Germany 6.3.6.1. Market size and forecast, by product 6.3.6.2. Market size and forecast, by end user 6.3.7. France 6.3.7.1. Market size and forecast, by product 6.3.7.2. Market size and forecast, by end user 6.3.8. Spain 6.3.8.1. Market size and forecast, by product 6.3.8.2. Market size and forecast, by end user Continue @... Check for Discount @ https://www.kdmarketinsights.com/discount/3859 About Us: KD Market Insights offers a comprehensive database of syndicated research studies, customized reports, and consulting services. These reports are created to help in making smart, instant and crucial decisions based on extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Our dedicated in-house team ensures the reports satisfy the requirement of the client. We aim at providing value service to our clients. Our reports are backed by extensive industry coverage and is made sure to give importance to the specific needs of our clients. The main idea is to enable our clients to make an informed decision, by keeping them and ourselves up to date with the latest trends in the market. Contact Us: KD Market Insights 150 State Street, Albany, New York, USA 12207 +1 (518) 300-1215 Email: sales@kdmarketinsights.com Website: www.kdmarketinsights.com Read More News: https://marketnewsbizz.com https://marketresearchtab.com https://kdmarketinsightsblog.com

[sjsuraj]

Consumer Appliances Market and offers actionable insights on its growth prospects for the period 2019 -2029

Future Market Insights (FMI), in its new study, analyzes the consumer appliances market and offers actionable insights on its growth prospects for the period 2019 and 2029. According to the study, worldwide sales of consumer appliances reached 1.27 billion units in 2018, and are estimated to register a Y-o-Y growth of 3.7% in 2019. The study opines that the impact of smart technologies is being witnessed in the market, with many players launching connected and smart devices to meet consumer expectations.

Rapid digitalization and strong knowledge regarding use and efficiency of modern appliances have been largely contributing to the market growth. Steady economic growth in several countries and rising need for comfort are influencing consumers to upgrade their existing appliances to smarter variants. In addition to providing convenience, reducing manual efforts, and saving time, manufacturers are focusing heavily on product innovations to satisfy the evolving needs of their customers.

Technology is surely bringing a paradigm shift in consumer appliances industry, and FMI’s study analyzes that stakeholders are helping consumers achieve their energy conservation goals through green technologies and sustainable-centric innovations. Impressive developments in smart connectivity area are also set to gain momentum in the coming years, representing a substantial competitive advantage for the market players.

To Know More @ https://www.futuremarketinsights.com/reports/consumer-appliances-market

White Goods Capture Robust Share over Brown Goods

According to the study, white goods such as refrigerators, washing machines, and air conditioners have garnered relatively high traction as compared to brown goods. In recent times, these products have become standard in almost every household, backed by availability at affordable prices. Additionally, provision of smart connection in white goods, along with fast urbanization and rural electrification, especially in developing economies, remained instrumental in accelerating the overall sales of consumer appliances. Far from being confined to bigger appliances, manufacturers are also working on incorporating robotic technologies in small appliances to provide user-friendly interface and enable ease of operations.

As smart homes become a reality all over the world, the FMI study opines that demand for consumer appliances from households or domestic segment will continue to grow at a significant pace. Introduction of technologically advanced models which can be connected to smartphones and controlled remotely along with rise in per capita income is likely to remain a key to gaining distinct competitive edge.

Key Segment

By Product Type

Kitchen Appliances

Refrigerators

Ranges and Ovens

Microwave

Conventional Grill

Dishwashers

Chimneys

Electric Stove

Induction Cooktops

Small Appliances

Hair Dryers

Irons

Toasters

Bread Makers

Coffee Machines

Grinders & Mixers

Food Processors

Washing Machine

Air Purifiers

Water Heaters

Water Purifiers

Cloth Dryers/Tumbler

Air Conditioners

Vacuum Cleaners

By End Use

Domestic

Professional

Hotels

Salon & Grooming Parlors

Cafeteria & Restaurants

Offices & Institute

Others

By Sales Channel

Offline

Organized Retailer

Unorganized

Offline

Company Direct Sales

Independent Vendor/E Commerce

By Region

North America

Latin America

Europe

South Asia

East Asia

Oceania

Middle East and Africa

Opportunities galore for consumer appliances market stakeholders, as identified by FMI study with growing working population and rapid infrastructural development, resulting into increasing number of hotels, salon & grooming parlors, and quick service restaurants (QSRs).

According to the study, growth prospects of the consumer appliances market are high in Europe, owing to strong presence of reputed brands which continuously focus on fulfilling consumers need for appliances that can perform maximum tasks with minimal resources. Newer opportunities are expected in Asia Pacific stemming from a number of trends such as increased purchasing power, growing middle class population, advances in digital transformation, and favorable government policies that encourage the use of energy-saving appliances.

As the importance of internet increases and e-commerce sites see an upsurge, stakeholders are implementing omni-channel marketing strategy to reach wide range of customers across the globe. According to the study, sales of consumer appliances through online sales are likely to register a CAGR of 4% during the forecast period.

FMI’s business intelligence offers an incisive outlook on competitive scenario of consumer appliances market by discussing key strategies adopted by the players. The market shows a high level of fragmentation, with a large number of regional and local players restricting the geographical expansion of international companies. Prominent players are thus focusing on strategic collaborations and joint ventures for increased production capacities and enhanced customer base.