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is valued at USD 42.35 billion in 2025 and is projected to reach USD 71.28 billion by 2030, registering a CAGR of 11.0% during the forecast period according to a new report by MarketsandMarkets™. The smart appliances market is playing a pivotal role in enhancing convenience, energy efficiency, and connected living experiences for consumers across households and commercial spaces. As consumers increasingly adopt connected and automated home environments, smart appliance solutions provide essential support for seamless device management, remote monitoring, and intelligent automation. These appliances facilitate energy optimization, predictive maintenance, and personalized user experiences, ensuring efficient and reliable operation of household devices. With technological advancements such as IoT, AI, and cloud connectivity, smart appliances now enable app-based control, voice assistant integration, and data-driven insights into usage patterns. Their value lies in improving convenience, reducing energy consumption, and extending the lifecycle of appliances. As a result, smart appliances are becoming indispensable for driving intelligent living, energy-efficient households, and connected ecosystem experiences across residential and commercial segments.

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Browse in-depth TOC on "Smart Appliances Market" 
214 – Tables
58 – Figures
235 – Pages

Smart Appliances Market Scope:

Report Coverage

Details

Market Revenue in 2025

$ 42.35 billion

Estimated Value by 2030

$ 71.28 billion

Growth Rate

Poised to grow at a CAGR of 11.0%

Market Size Available for

2021–2030

Forecast Period

2025–2030

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Product, Connectivity Type, Sales Channel and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Interoperability issues among devices from different manufacturers

Key Market Opportunities

Voice assistant integration and smart ecosystem connectivity

Key Market Drivers

Rising global adoption of the internet and smartphones

Vacuum cleaning robots are expected to be the fastest-growing product of the smart appliances market during the forecast period.

Vacuum cleaning robots are projected to be the fastest-growing product in the smart appliances market during the forecast period due to increasing demand for automated home cleaning solutions that save time and effort. Growing urbanization, busy lifestyles, and heightened awareness of hygiene are fueling adoption. Advanced features like AI-powered navigation, obstacle detection, mapping, and integration with voice assistants improve convenience and efficiency. Ongoing innovations in battery life, suction power, and smart home connectivity further attract consumers. Additionally, the availability of affordable models across regions is broadening their reach, contributing to rapid market growth.

The residential vertical holds the largest market share of the smart appliances market during the forecast period.

The residential sector holds the largest market share in the smart appliances industry due to the rising consumer preference for connected and automated home environments. Increasing disposable income, urbanization, and a growing emphasis on energy efficiency and convenience drive adoption in households. Smart refrigerators, washing machines, ovens, and vacuum robots are being widely integrated to simplify everyday tasks and enhance lifestyle comfort. Additionally, the spread of IoT-enabled devices and smartphone apps enables seamless control and monitoring of home appliances. Growing awareness of sustainable living and demand for time-saving solutions further boost growth in the residential sector segment.

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The US is expected to dominate the North American smart appliances market during the forecast period.

The US is set to lead the North American smart appliances industry due to high consumer adoption of connected home technologies, advanced digital infrastructure, and strong innovation investments by top manufacturers. Widespread broadband and smartphone use enable seamless integration of smart refrigerators, washing machines, and HVAC systems with mobile apps and voice assistants. Government incentives that promote energy efficiency and sustainable living further boost the adoption of intelligent appliances. Additionally, major brands such as Whirlpool, GE Appliances, a Haier company, and Samsung continually launch AI-powered and IoT-enabled products, increasing convenience, energy savings, and compatibility across home systems, strengthening the US market leadership.

Key players

The Smart appliances companies includes significant Tier I and II players such as SAMSUNG (South Korea), LG Electronics (South Korea), Panasonic Corporation (Japan), Whirlpool (US), GE Appliances, a Haier company (US), AB Electrolux (Sweden), Midea (China), BSH Hausgeräte GmbH (Germany), Xiaomi (China), Miele & Cie. KG (Germany), Hangzhou Robam Appliances Co., Ltd. (China), Havells India Ltd. (India), Godrej Enterprises (India), Bajaj Electricals Limited (India).

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