DUBLIN–(BUSINESS WIRE)–The “US Smart Home Appliances Outlook 2024” report has been added to ResearchAndMarkets.com’s offering.
The United States (U.S.) smart home appliance market is anticipated to grow with a CAGR of 15.4% during the forecast period, 2020-2024.
Factors such as the increasing adoption of smart home appliances by the citizens of the U.S., along with the growing disposable income of the individuals, are anticipated to drive the market growth.
Further, the increasing number of households in the region, along with the high count of households with accessibility to the internet, are also anticipated to contribute to the market growth. The United States (U.S.) smart home appliance market attained a market revenue of close to USD 2,900,000.0 thousand in 2019. Further, the market is projected to gain a revenue of over USD 5,300,000 thousand in 2024.
The United States (U.S.) smart home appliance market has been segmented by product category into smart appliances, smart range hood, and others. In the year 2019, the smart appliances segment registered the largest market share of 73%. On the basis of buyer type, the smart appliances segment can be further divided into builders and consumers, out of which, the consumers segment is anticipated to cross USD 3200 Million by 2024.
The United States (U.S.) smart home appliance market has also been segmented on the basis of region into South U.S., West U.S., Midwest U.S., and Northeast U.S. Among the market in these regions, the South U.S. smart home appliances market is projected to register the largest market share of close to 33% by 2024.
Factors such as the presence of numerous states in this region which has numerous households with enhanced internet connectivity, along with the increasing adoption of advanced technologies, such as internet of things (IoT), and others, are anticipated to contribute to the growth of the market in this region.
Key Topics Covered:
1. Market Definition
2. Research Methodology
3. Executive Summary – US Smart Home Appliance Market
4. Regulatory Landscape
5. Analysis of Market Dynamics
5.1. Drivers
5.2. Restrains
5.3. Opportunities
5.4. Trends
6. Impact of COVID-19 on the US Smart Home Appliance Market
7. US Smart Home Appliance Market Share Analysis
8. US Smart Home Appliance Market Outlook
8.1. Market Size and forecast, 2019-2024F (in USD Million)
8.2. US Smart Home Appliance Market Segmentation
8.2.1. By Product Category, 2019-2024F (in USD Million)
8.2.1.1. By Smart Appliances Buyer Type, 2019-2024F (in USD Million)
8.2.1.1.1. By Builder (B2B) Project Type, 2019-2024F (in USD Million)
8.2.1.1.1.1. By New Construction Application, 2019-2024F (in USD Million)
8.2.2. By Region, 2019-2024F (in USD Million)
9. Competitive Landscape of Builders
9.1. Lennar Corporation
9.2. Pulte Group, Inc
9.3. Toll Brothers
9.4. Taylor Morrison Home Corporation
9.5. D.R. Horton, Inc.
9.6. Meritage Homes Corporation
9.7. Coventry Homes
9.8. Loudermilk Homes
9.9. TRI Pointe Group, Inc.
10. Competitive Landscape of Manufacturers
10.1. Honeywell International Inc.
10.2. Schneider Electric
10.3. Samsung Electronics Co., Ltd.
10.4. Whirlpool Corporation
10.5. Robert Bosch GmbH
10.6. General Electric
10.7. AB Electrolux
10.8. Amazon.com, Inc.
10.9. Panasonic Corporation
10.10. Haier Group
10.11. LG Electronics
11. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/karm0l
