“Rising Integration of Smart and Energy-Efficient Technologies”
- A significant and evolving trend in the global household appliances market is the increasing integration of smart features and energy-efficient technologies, driven by the rising adoption of IoT, consumer demand for convenience, and global sustainability goals
- Appliances embedded with AI-powered diagnostics, remote control via smartphones, and real-time energy usage tracking are gaining popularity in both residential and commercial settings
- For instance, in March 2024, Samsung Electronics launched a new line of BESPOKE AI appliances, including refrigerators and washing machines with AI energy mode and automatic maintenance features
- The demand for ENERGY STAR-rated and low-power consumption appliances is increasing across developed and emerging markets, particularly as governments introduce stricter energy regulations and offer incentives
- This trend is transforming the global household appliances landscape, encouraging innovation and fostering long-term value through reduced energy costs, sustainability, and user-friendly interfaces
