China Smart Washing Machine Market Size & Outlook
China smart washing machine market, 2016-2027 (US$M)
Related Markets
China smart washing machine market highlights
- The China smart washing machine market generated a revenue of USD 1,224.8 million in 2019 and is expected to reach USD 5,576.4 million by 2027.
- The China market is expected to grow at a CAGR of 20.9% 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.
Smart washing machine market data book summary
| Market revenue in 2019 | USD 1,224.8 million |
| Market revenue in 2027 | USD 5,576.4 million |
| Growth rate | 20.9% (CAGR from 2019 to 2027) |
| Largest segment | Front load |
| Fastest growing segment | Front Load |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 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, China accounted for 25.0% of the global smart washing machine market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China smart washing machine market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,105.2 million by 2027.
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Smart Washing Machine Market Scope
Smart Washing Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 54.64% in 2019. Horizon Databook has segmented the China smart washing machine market based on front load, top load covering the revenue growth of each sub-segment from 2016 to 2027.
- China Smart Washing Machine Product Outlook (Revenue, USD Million, 2016-2027)
- Front Load
- Top Load
- China Smart Washing Machine Capacity Outlook (Revenue, USD Million, 2016-2027)
- Less than 6 kg
- 6-10 kg
- More than 10 kg
- China Smart Washing Machine Application Outlook (Revenue, USD Million, 2016-2027)
- Residential
- Commercial
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Target buyers of China 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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Horizon Databook provides a detailed overview of country-level data and insights on the China smart washing machine market , including forecasts for subscribers. This country databook contains high-level insights into China smart washing machine market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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China smart washing machine market size, by product, 2016-2027 (US$M)
China Smart Washing Machine Market Outlook Share, 2019 & 2027 (US$M)
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