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owever Radek Faksa Stars Jersey , due to growing advancements in kitchen appliances, the market for the same is expected to grow at a high CAGR of 14.6% between 2015 and 2020.

Get Free 10% Customization @ This report describes the drivers, restraints, opportunities, and challenges with respect to the smart appliances market. The factors which are driving the smart appliances market include the rising energy prices John Klingberg Stars Jersey , availability of wireless solutions, and changing lifestyles and preferences of consumers. The restraining factors affecting the market include privacy concerns among end users and the lack of awareness about the benefits of smart appliances. Machine to machine (M2M) communication and large scale digitization are expected to provide new growth opportunities to players in the smart appliances market. High capital investments followed by a significant maintenance cost and linking disparate systems are the key challenges for the growth of this market.

This report provides a detailed view of the market across different regions, namely, the Americas, Europe Dan Hamhuis Stars Jersey , Asia-Pacific, and RoW. Americas accounted for the largest share of ~36% of the smart appliances market in 2014; the market in the region is expected to grow at a CAGR of 13.6% between 2015 and 2020. Major players involved in the development of smart appliances include General Electric Co. (U.S.), Koninklijke Philips N.V. (Netherlands), BSH Hausgerate GmbH (Germany), LG Electronics Inc. (South Korea) Tyler Seguin Stars Jersey , Panasonic Corp. (Japan), Samsung Electronics Co. Ltd. (South Korea), and Whirlpl Corp. (U.S.) among others.

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