Japan Smart Home Appliances Market Size & Outlook
Japan smart home appliances market, 2017-2030 (US$M)
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Japan smart home appliances market highlights
- The Japan smart home appliances market generated a revenue of USD 3,443.5 million in 2022 and is expected to reach USD 7,417.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 10.1% from 2023 to 2030.
- In terms of segment, smart washing machines was the largest revenue generating product in 2022.
- Smart Air Purifiers is the most lucrative product segment registering the fastest growth during the forecast period.
Smart home appliances market data book summary
| Market revenue in 2022 | USD 3,443.5 million |
| Market revenue in 2030 | USD 7,417.2 million |
| Growth rate | 10.1% (CAGR from 2022 to 2030) |
| Largest segment | Smart washing machines |
| Fastest growing segment | Smart Air Purifiers |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Washing Machines, Smart Air Purifiers, Smart TV |
| Key market players worldwide | Whirlpool Corp, LG Electronics Inc ADR, Haier Smart Home Co Ltd ADR, Samsung Electronics Co Ltd, Panasonic Holdings Corp, Robert Bosch Engineering & Business Solutions, Electrolux AB ADR, Koninklijke Philips NV, GE Aerospace, Xiaomi Corp Class B |
Other key industry trends
- In terms of revenue, Japan accounted for 11.9% of the global smart home appliances market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China smart home appliances market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,970.2 million by 2030.
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Smart Home Appliances Market Scope
Smart Home Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan smart home appliances market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart home appliances market will help companies and investors design strategic landscapes.
Smart washing machines was the largest segment with a revenue share of 37.37% in 2022. Horizon Databook has segmented the Japan smart home appliances market based on smart washing machines, smart air purifiers, smart tv covering the revenue growth of each sub-segment from 2017 to 2030.
Japan is home to some of the major technology disruptors such as Toshiba, Sharp, Hitachi, Sony, and Panasonic Corporation. These industry players offer a wide range of smart home appliances such as refrigerators, personal-care products, flat-panel TVs, washing machines, vacuum cleaners, home audio equipment, and microwave ovens, which is acting as one of the key drivers for the country’s smart home appliances market.
Additionally, these brands are famous for their advanced and innovative product technologies. Japan is also known for its major technological adoption. Just like Europe’s “Industry 4.0”, Japan has introduced the “Society 5.0” project.
The project aims to revolutionize autonomous cars, smart homes, and smart factories. Additionally, the country is following the trails of developed nations such as the U.S. and the U.K. to roll out the 5G technology.
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Our clientele includes a mix of smart home appliances market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan smart home appliances market , including forecasts for subscribers. This country databook contains high-level insights into Japan smart home appliances market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Japan smart home appliances market size, by product, 2017-2030 (US$M)
Japan Smart Home Appliances Market Outlook Share, 2022 & 2030 (US$M)
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