About Smart Homes

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.

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

Covered in this report
The 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

Technavio's report, global smart connected air conditioner market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.