New Research: Lucintel Predicts a Bright Future for the Smart Appliances Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Global Smart Appliances Market 2019-2024”?

This market report for smart appliances identifies and predicts future opportunities for growth in smart appliances market for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for smart appliances in the residential, commercial, and government sectors.

According to Lucintel’s market report, the smart appliances market is expected to grow with a CAGR of 15% from 2019 to 2024. Some of the dominant players in the smart appliances market are Electrolux, General Electric, Koninklijke Philips, BSH Hausgerate, LG Electronics, Miele & Cie. KG, Panasonic, Qingdao Haier, Samsung Electronics., Whirlpool, and others.

There are some interesting developments in smart appliances market as competition heats up and players try to increase their market share. The major drivers for this market are rising energy prices, availability of wireless solutions, changing lifestyles, and increasing awareness on energy efficiency among consumers.

Read more about this report at:

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