Research and Markets (http://www.researchandmarkets.com/research/frm9zr/world_smart_home) has announced the addition of the "World Smart Home Appliances Market Opportunities and Forecasts, 2014 - 2020" report to their offering.

The report forecasts that the world smart home appliances market will garner revenue of $38.35 billion by 2020, registering a CAGR of 16.6% during the forecast period.

The demand for smart home appliances has been triggered by growing concerns about energy costs and the availability of innovative and affordable smart appliances.

North America is leading the global market owing to technological advancements and widespread awareness. However, Asia Pacific region is expected to surpass the North American and European markets by 2018, owing to the increasing demand of smart appliances, from countries such as China and India.

Air conditioners are predicted to exhibit the fastest growth rate, due to the increasing demand coupled with innovative product launches by the leading market players.

Key findings of the study:

  • Global Market expected to grow due to the availability of innovative and affordable smart appliances, as well as an increasing awareness among the populace.
  • On account of tech-savvy end-users and government incentives for smart appliance manufacturers, North America controls the highest market share.
  • The Asia-Pacific region is projected to surpass the Northern American and European markets by 2018, emerging as the market leader.

Companies Mentioned:

  • Apple, Inc.
  • BSH Hausgerate GmbH
  • Electrolux AB
  • General Electric Company
  • Haier Electronics Group Co., Ltd.
  • Koninklijke Philips N.V.
  • LG Electronics, Inc.
  • Miele & Cie. KG
  • Panasonic Corporation
  • Samsung Electronics Co., Ltd.
  • Whirlpool Corporation

Key Topics Covered:

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: World Smart Home Appliances Market By Product Type

Chapter 5: World Smart Home Appliances Market By Technology

Chapter 6: World Smart Home Appliances Market By Geography

Chapter 7: Company Profiles

For more information visit http://www.researchandmarkets.com/research/frm9zr/world_smart_home