Global Smart Washing Machines Market Size, Share, Trends And Drivers 2023-2032
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The global smart washing machines market is set to grow from $15.93 billion in 2022 to $17.06 billion in 2023 at a CAGR of 7.1%. By 2027, it is expected to reach $22.26 billion at a CAGR of 6.9%.
The surge in demand for energy-efficient washing machines is expected to be a significant driving factor for the growth of the smart washing machines market during the forecast period.
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Key Smart Washing Machines Market Segments
1) By Type: Top Load, Front Load
2) By Application: Residential, Commercial
3) By Connectivity: Wi-Fi, Bluetooth, Near-Field-Communication (NFC), Other Connectivities
Artificial Intelligence is anticipated to become a prominent trend in the smart washing machine market. These machines are equipped with AI technology, simulating human intelligence, enabling them to analyze wash loads and suggest appropriate wash settings. For instance, LG Electronics’ newly released smart washing machine, LG ThinQ, incorporates Artificial Intelligence for enhanced functionality.
Smart Washing Machines Market Prominent Players
Major players in the smart washing machine market are General Electric Co., LG Electronics Inc., Samsung Electronics Co. Ltd., Whirlpool Corp., Robert Bosch GmbH, Haier Consumer Electronics Group Co. Ltd., Panasonic Corp., Siemens AG, AB Electrolux, and Whirlpool.
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The Smart Washing Machines Global Market Report 2023 provides a comprehensive overview on the smart washing machines market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the smart washing machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
A smart washing machine is defined as a machine that helps the user to control the washing process remotely. Smart washing machines are connected to the internet and smartphone, or other smart devices through the cloud or app.
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Washing Machines Global Market Report 2023
Household Laundry Equipment Global Market Report 2023
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