Smart Appliances Market Size, Share and Industry Forecast to 2030
The smart appliances market is projected to reach USD 71.28 billion by 2030 from USD 42.35 billion in 2025, at a CAGR of 11.0%. The smart appliances market includes refrigerators, washing machines, dishwashers, ovens, air conditioners, water heaters, microwaves, coffee makers, vacuum robots, air purifiers, cooking robots, etc. These connected devices enhance convenience, energy efficiency, and performance through IoT and AI, driving adoption, sustainability, and demand for smart and automated living solutions worldwide.
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KEY TAKEAWAYS
- BY PRODUCT
The market spans a wide range of appliances, including refrigerators, washing machines and dryers, dishwashers, ovens and cooktops, air conditioners, water heaters, microwaves, coffee makers, vacuum cleaning robots, air purifiers, cooking robots, and other smart appliances. It is driven by the surging demand for convenience, efficiency, and connected living.
- BY CONNECTIVITY TYPE
Wi-Fi-enabled smart appliances dominate due to seamless integration with IoT ecosystems, while Bluetooth-based products provide cost-effective, short-range connectivity, catering to households seeking simpler solutions.
- BY SALES CHANNEL
Online channels are expanding rapidly with growing e-commerce adoption and digital promotions, while offline retail attracts buyers who prefer in-store product demonstrations and after-sales services.
- BY VERTICAL
The residential sector leads adoption, supported by rising demand for smart homes and energy-efficient solutions. In contrast, the commercial industry adopts smart appliances to improve hotel, restaurant, and office operational efficiency.
- BY REGION
Asia Pacific is expected to register the highest CAGR of 13.1%, fueled by rapid urbanization, rising disposable incomes, and increasing adoption of smart home technologies.
- COMPETITIVE LANDSCAPE
The major market players have adopted organic and inorganic strategies, including partnerships and investments. For instance, Midea announced a strategic alliance with Ferencvárosi Torna Club (FTC) to strengthen its presence in Central Europe. This sponsorship aligns Midea’s innovation-driven brand with Hungary’s top football club, enhancing local engagement and showcasing energy-efficient solutions.
The smart appliances market is projected to grow significantly, fueled by rising consumer demand for convenience, energy efficiency, and connected living. Products such as smart refrigerators, washing machines, ovens, and vacuum robots are increasingly integrated with IoT and AI to enhance user experience and sustainability. Growing smart home adoption, digitalization, and eco-friendly innovations are key factors shaping this market expansion.
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