Global Smart Connected Air Conditioner Market 2016-2020

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Date: 15-Sep-2016
No. of pages: 64
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The evolution of smart homes resulted in the installation of integrated and centralized control systems in homes that include:


  • Environmental control systems (air conditioning, heating, and ventilation)

  • Household appliances (washing machines, refrigerators, freezers, and microwaves)

  • Consumer electronics (TV, gaming consoles, and audio-video equipment)

  • Building components (windows and doors)


In a connected home, these systems are connected to a computer, tablet, or a smartphone through a wired or a wireless network to enhance remote accessibility. Ubiquitous homes understand the requirements of occupants based on their lifestyle and behavior, and, hence, respond in a particular manner.

The analysts forecast global smart connected air conditioner market to grow at a CAGR of 60.42% during the period 2016-2020.

Covered in this report

This report covers the present scenario and the growth prospects of the global smart connected air conditioner market for 2016-2020. To calculate the market size, the report considers the revenue generated in the residential consumer segment from the sale of inbuilt smart connected air conditioners.

The market is divided into the following segments based on geography:


  • APAC

  • EMEA

  • North America


The report, Global Smart Connected Air Conditioner Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This 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


  • Daikin Industries

  • Haier

  • LG Electronics

  • Mitsubishi Electric

  • Samsung Electronics


Other prominent vendors


  • Videocon

  • Voltas

  • FUJITSU GENERAL

  • Blue Star

  • Friedrich

  • Electrolux


Market driver


  • Use of connectivity as a differentiating feature by manufacturers

  • For a full, detailed list, view our report


Market challenge


  • Lack of technological exposure and awareness hindering mass adoption of smart connected air conditioners

  • For a full, detailed list, view our report


Market trend


  • Custom cooling schedules in smart controlled air conditioners

  • For a full, detailed list, view our report


Key questions answered in this report


  • What will the market size be in 2020 and what will the growth rate be?

  • What are the key market trends?

  • What is driving this market?

  • What are the challenges to market growth?

  • Who are the key vendors in this market space?

  • What are the market opportunities and threats faced by the key vendors?

  • What are the strengths and weaknesses of the key vendors?

Global Smart Connected Air Conditioner Market 2016-2020

Table of Contents

PART 01: Executive summary
Highlights

PART 02: Scope of the report
Market overview
Top-vendor offerings

PART 03: Market research methodology
Research methodology
Economic indicators

PART 04: Introduction
Key market highlights
Market overview
Global smart appliance market
Global smart air conditioners
Market size and forecast
Five forces analysis

PART 05: Segmentation by product type
Smart split air conditioners
Other smart air conditioners

PART 06: Market segmentation by distribution channel

PART 07: Geographical segmentation
Smart connected air conditioner market in APAC
Smart connected air conditioner market in Americas
Smart connected air conditioner market in EMEA

PART 08: Key leading countries
China
Japan
US

PART 09: Market drivers
Demand for increased comfort and convenience levels
Use of connectivity as a differentiating feature by manufacturers
Easier to convince customers to buy smart air conditioners than to buy other smart home appliances
Remote prognostics and easy fault detection features of smart connected air conditioners

PART 10: Impact of drivers

PART 11: Market challenges
Security concerns associated with smart air conditioners and IoT concept
Lack of technological exposure and awareness hindering mass adoption of smart connected air conditioners
Problems in standardization of communication protocol

PART 12: Impact of drivers and challenges

PART 13: Market trends
Popularity of smart gadgets that can convert remote-controlled air conditioners into smart devices
Custom cooling schedules in smart controlled air conditioners
Connectivity feature with sleek design in smart controlled air conditioners
Players coming up with portable smart air conditioners

PART 14: Vendor landscape
Competitive scenario
Competitive assessment of key vendors
Other prominent vendors

PART 15: Key vendor analysis
Daikin Industries
Haier
LG Electronics
Mitsubishi Electric
Samsung Electronics

PART 16: Appendix
List of abbreviations

List of Exhibits

Exhibit 01: Key countries in each region
Exhibit 02: Product offerings
Exhibit 03: Timeline of Global Smart Homes
Exhibit 04: Classification of smart consumer appliance market
Exhibit 05: Product life cycle of smart appliances
Exhibit 06: Global smart appliance market value 2015-2020 ($ million)
Exhibit 07: Smart appliance market share by geographical segmentation in 2020 (forecasted)
Exhibit 08: Household penetration of conventional air conditioners in different regions worldwide in 2015
Exhibit 09: Global residential air conditioner market 2015-2020 ($ billions)
Exhibit 10: Factors enabling growth of IoT trend
Exhibit 11: Requirements for IoT and smart appliances
Exhibit 12: Percentage of energy consumed by different home appliances globally
Exhibit 13: Global smart connected air conditioner market 2015-2020 ($ billions)
Exhibit 14: Comparison of revenue generated by smart and non-smart featured air conditioner in 2015 and 2020
Exhibit 15: Five forces analysis
Exhibit 16: Global residential smart connected air conditioner market 2015
Exhibit 17: Global residential smart connected air conditioner market 2020
Exhibit 18: Segmentation by distribution channel in 2015
Exhibit 19: Segmentation of smart air conditioner based on geography in 2015 (%)
Exhibit 20: Segmentation of smart air conditioner based on geography in 2020 (%)
Exhibit 21: Market value of smart appliances in China in 2015 ($ millions)
Exhibit 22: Market value of smart appliances in the US ($ millions)
Exhibit 23: Impact of drivers
Exhibit 24: Impact of drivers and challenges
Exhibit 25: Connected devices from consumer versus manufacturer perspective
Exhibit 26: Daikin Industries: Business segmentation by revenue 2015
Exhibit 27: Daikin Industries: Geographical segmentation by revenue 2015
Exhibit 28: Haier: Business segmentation by revenue 2015
Exhibit 29: Haier: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 30: Haier: Geographical segmentation by revenue 2015
Exhibit 31: LG Electronics: Business segmentation by revenue 2015
Exhibit 32: LG Electronics: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 33: LG Electronics: Geographical segmentation by revenue 2015
Exhibit 34: Mitsubishi Electric: Business segmentation by revenue 2015
Exhibit 35: Mitsubishi Electric: Geographical segmentation by revenue 2015
Exhibit 36: Samsung Electronics: Business segmentation by revenue 2015
Exhibit 37: Samsung Electronics: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 38: Samsung Electronics: Geographical segmentation by revenue 2015

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