Asia Pacific Smart Washing Machine Market Size & Outlook
Asia Pacific smart washing machine market, 2016-2027 (US$M)
Related Markets
Asia Pacific smart washing machine market highlights
- The Asia Pacific smart washing machine market generated a revenue of USD 2,221.3 million in 2019.
- The market is expected to grow at a CAGR of 20.8% from 2020 to 2027.
- In terms of segment, front load was the largest revenue generating product in 2019.
- Front Load is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2020 to 2027.
Asia Pacific data book summary
| Market revenue in 2019 | USD 2,221.3 million |
| Market revenue in 2027 | USD 10,084.0 million |
| Growth rate | 20.8% (CAGR from 2019 to 2027) |
| Largest segment | Front load |
| Fastest growing segment | Front Load |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Front Load, Top Load |
| Key market players worldwide | Honeywell International Inc, Koninklijke Philips NV, Xiaomi Corp Class B, Whirlpool Corp, Sharp Corp, Sunbeam, Blueair, Coway, Amaircare |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 45.3% of the global smart washing machine market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,084.0 million by 2027.
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Smart Washing Machine Market Scope
Smart Washing Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific smart washing machine 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 washing machine market will help companies and investors design strategic landscapes.
Front load was the largest segment with a revenue share of 54.69% in 2019. Horizon Databook has segmented the Asia Pacific smart washing machine market based on front load, top load covering the revenue growth of each sub-segment from 2016 to 2027.
- Asia Pacific Smart Washing Machine Product Outlook (Revenue, USD Million, 2016-2027)
- Front Load
- Top Load
- Asia Pacific Smart Washing Machine Capacity Outlook (Revenue, USD Million, 2016-2027)
- Less than 6 kg
- 6-10 kg
- More than 10 kg
- Asia Pacific Smart Washing Machine Application Outlook (Revenue, USD Million, 2016-2027)
- Residential
- Commercial
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Target buyers of Asia Pacific smart washing machine market databook
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Our clientele includes a mix of smart washing machine 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 continent-level data and insights on the Asia Pacific smart washing machine market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific smart washing machine market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific smart washing machine market size, by country, 2016-2027 (US$M)
Asia Pacific Smart Washing Machine Market Outlook Share, 2019 & 2027 (US$M)
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