Smart appliances are an important element in realizing the benefits of smart grid technologies. They have the potential to significantly improve the stability and operational efficiency of the electrical grid with limited impact on the lives of energy users. Because they can manage discrete device components to reduce energy consumption at a moment in time, smart appliances connected to the grid offer extensive load management options. Whether it be the use of renewable sources or load management, smart appliances allow energy consumers to contribute to more efficient management of energy resources while at the same time reducing carbon emissions.
The smart appliance market is on the cusp of transitioning from the development state to commercialization and growth. Appliance manufacturers have been working with utilities and other technology vendors to test and pilot various capabilities enabled by smart appliances. From a technology perspective, market players have demonstrated that it is relatively easy to produce a home appliance that can utilize two-way communications to interact with energy management systems. Yet the market is still grappling with business model issues, questions of user privacy and control, technology standards development, and consumer acceptance.
This Pike Research report examines the current state of the global smart appliance market including an analysis of market drivers and challenges, enabling technologies, regulatory factors, and key industry players. The study features detailed market forecasts of smart appliance unit shipments, revenues, and penetration rates, segmented by appliance product category and key world regions.
Key questions addressed:
- What is the global growth outlook for smart appliances over the next 10 years?
- What are some of the key drivers of market growth?
- What challenges are faced by the industry, and how might these be overcome?
- Who are the key industry players, and what are their go-to-market strategies?
- What are the key technologies and standards involved in the development of the smart appliances market?
- How will the smart appliance market differ by country and world region?
Who needs this report?
- Appliance manufacturers
- Communications technology companies
- Energy management system vendors
- Utilities
- Industry associations
- Government agencies
- Investment community
Table of Contents
1. Executive Summary
1.1 Smart Appliance Overview
1.2 Worldwide Smart Appliance Market Landscape and Forecast
2. Market Issues
2.1 Appliance Market Overview
2.1.1 What Makes an Appliance Smart?
2.1.2 Why Smart Appliances?
2.1.3 Market Environment
2.1.3.1 Availability
2.2 Market Growth Drivers
2.2.1 Energy Market/Utility Motivations
2.2.1.1 Energy Usage Reduction
2.2.1.2 Peak Demand Management
2.2.2 Consumer Motivations
2.2.2.1 Saving Money
2.2.2.2 Societal/Environmental Benefits
2.2.3 Manufacturer Motivations
2.2.3.1 Regulatory Activity
2.2.3.2 Smart Grid Potential
2.3 Market Challenges
2.3.1 Infrastructure
2.3.2 Consumer Adoption Rates
2.3.3 Security and Privacy
3. Technology Issues
3.1 Smart Grid and Smart Meters
3.2 Smart Appliance Technology
3.2.1 Communications Technologies/Standards
3.2.1.1 Communications Module
3.2.2 Home Area Networking
3.2.2.1 RF Networks
3.2.2.1.1 ZigBee
3.2.2.1.2 Other RF Networks
3.2.2.2 Power Line Carrier
3.2.2.2.1 HomePlug
3.2.2.2.2 HomeGrid/ITU G.hn and G.hem
3.2.2.2.3 Bluetooth
4. Key Industry Players
4.1 Appliance Manufacturers
4.1.1 Bosch
4.1.2 Electrolux
4.1.3 GE Appliances
4.1.4 Indesit
4.1.5 LG Electronics
4.1.6 Miele
4.1.7 Samsung Electronics
4.1.8 Whirlpool
4.2 Industry Associations
4.2.1 Association of Home Appliance Manufacturers
4.2.2 European Committee of Domestic Equipment Manufacturers
4.2.3 European Technology Platforms
4.2.4 IPSO Alliance
4.2.5 National Institute of Standards and Technology
5. Market Forecasts
5.1 Market Forecasts
5.1.1 Household Appliance Market
5.1.2 Smart Appliance Market
5.2 World Markets
5.3 North America
5.3.1 Regulatory Activities
5.3.2 Smart Appliance Initiatives
5.3.2.1 Louisville Gas & Electric
5.3.2.2 National Grid
5.3.2.3 GridWise Demonstration Project – The Grid Friendly Appliance Project
5.3.2.4 GridSmart, Columbus, Ohio
5.3.2.5 New Mexico Green Grid Project
5.3.2.6 Direct Energy
5.3.2.7 Vineyard Energy Project
5.4 Latin America
5.5 Europe
5.5.1 Regulatory Activities
5.5.2 Smart Appliance Initiatives
5.5.2.1 Energy Market Inspectorate, Sweden
5.5.2.2 Italy
5.5.2.3 West Midlands, United Kingdom
5.5.2.4 Iberdrola, Spain
5.5.2.5 E-Energy, Germany
5.6 Asia Pacific
5.6.1 Regulatory Activities
5.6.2 Smart Appliance Initiatives
5.6.2.1 Smart Appliances, Renewable & Distributed Generation, Australia
5.6.2.2 Victoria, Australia
5.6.2.3 China
5.6.2.4 Japan
5.6.2.5 South Korea
5.7 Rest of World
6. Company Directory
7. Acronym and Abbreviation List
8. Table of Contents
9. Table of Charts and Figures
10. Scope of Study, Sources and Methodology, Notes
List of Charts and Figures
- Modular Communications Interface
- Smart Appliance Segmentation by Region, World Markets: 2019
- Smart Appliance Market Value, World Markets: 2010-2019
- Household Appliance Geographic Segmentation, World Markets: 2010
- Smart Meter Installed Base by Region, World Markets: 2010-2019
- Home Energy Use by System, United States: 2008
- Consumer Demand Response Preferences: 2007
- Smart Appliance Market Value by Region, World Markets: 2019
- Addressable Household Appliance Market Value by Region, World Markets: 2010-2019
- Addressable Household Appliance Market Share by Region: 2009
- Addressable Household Appliance Market Share by Region: 2019
- Consumer Demand Response Preferences
- Smart Appliance Market Value, World Markets: 2010-2019
- Smart Meter Unit Shipments and Installed Base Penetration, United States: 2008-2015
- Smart Meter Unit Shipments and Installed Base Penetration, Canada: 2008-2015
- Smart Appliance Market Value, United States: 2010-2019
- Smart Appliance Product Mix, North America: 2019
- Smart Appliance Product Mix, Latin America: 2019
- Smart Appliance Market Value, Latin America: 2010-2019
- Smart Appliance Market Value, Europe: 2010-2019
- Smart Appliance Product Mix, Europe: 2019
- Smart Appliance Market Value, United Kingdom: 2010-2019
- Smart Appliance Market Value, Asia Pacific: 2010-2019
- Smart Appliance Product Mix, Asia Pacific: 2019
- Smart Appliance Market Value, China: 2010-2019
- Smart Appliance Market Value, Australia: 2010-2019
List of Tables
- Overall Household Appliance Market Value by Region, World Markets: 2010-2019
- Addressable Household Appliance Market Value by Region, World Markets: 2010-2019
- Smart Appliance Penetration by Region, World Markets: 2010-2019
- Smart Appliance Market Value by Region, World Markets: 2010-2019
- Smart Appliance Average Unit Cost by Region, World Markets: 2010-2019
- Smart Appliance Units by Region, World Markets: 2010-2019
- Smart Appliance Product Mix, North America: 2010-2019
- Smart Appliance Product Mix, Latin America: 2010-2019
- Smart Appliance Product Mix, Europe: 2010-2019
- Smart Appliance Product Mix, Asia Pacific: 2010-2019
- Smart Appliance Product Mix, Rest of World: 2010-2019
- Electrical Meter Installed Base by Region, World Markets: 2008-2015
- Smart Meter Installed Base and Penetration Rates by Region, World Markets: 2008-2015
- Smart Meter Installed Base by Region, World Markets: 2009-2019
- Smart Appliances Connected to Smart Meter or Other Energy Management Device by Region, World Markets: 2010-2019