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(EstateNewsWire.com, May 10, 2017 ) The global household appliances market is experiencing steady growth with the growing middle-class economy, improved disposable income levels in a number of countries, increase in labor costs, busier lifestyles, and the availability of a range of home appliances at competitive prices. With increasing digitalization, consumers have become tech-savvy and have strong knowledge regarding the use and benefits of all modern appliances. Also, the influence of social media on the Gen Y and the millennial population is further encouraging them to purchase appliances that can provide convenience and comfort.
Publisher's analysts forecast the global smart appliances market to grow at a CAGR of 23.48% during the period 2016-2020. For more information about this report: http://www.reportsweb.com/global-smart-appliances-market-2016-2020 . Covered in this report The report covers the present scenario and the growth prospects of the global smart appliances market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of smart appliances worldwide.
The market is divided into the following segments based on geography: -APAC -Europe -MEA -North America
Publisher's report, Global Smart Appliances Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors -Electrolux -Haier -LG -Samsung -Whirlpool
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001453355/sample .
Other prominent vendors -Dacor -Friedrich -FUJITSU GENERAL -Midea -Mitsubishi Electric -Panasonic -Robert Bosch - Videocon -Voltas
Market driver -Increased convenience and functional value of easily communicating with appliances remotely driving market -For a full, detailed list, view our report
Market challenge -Lack of technological exposure and awareness hindering mass adoption of smart connected appliances -For a full, detailed list, view our report
Market trend -Connectivity and other attractive features in smart connected appliances -For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001453355/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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