This report provides Transforma Insights’ view on the White Goods market. This segment comprises Commercial and Residential White Goods, including fridges, freezers, fridge-freezers, washing machines, drying machines, washer-dryers, cooking equipment, and dishwashers.
Smart connected white goods provide consumers with a host of options to run and control them via a PC, tablet, or smartphone application. These appliances typically connect via Wi-Fi, but with notable use of PLC (Power Line Communication), NFC (Near Field Communication), Bluetooth, and Zigbee. In future, manufacturers will increasingly
implement LPWA connectivity on these devices for remote monitoring and diagnostics purposes. Overall, we expect the number of connected white goods devices to grow more than ten-fold between now and 2030, reaching 1.1 billion connected devices.
The report provides a detailed definition of the sector, analysis of market development and profiles of the key vendors in the space. It also provides a summary of the current status of adoption and Transforma Insights’ ten-year forecasts for the market. The forecasts include analysis of the number of IoT connections by geography, the technologies used and revenue.
A full set of forecast data, including country-level forecasts, sector breakdowns and
public/private network splits, is available through the IoT Forecast tool.
This section begins with a definition of smart connected white goods, their benefits (like allowing consumers to monitor energy usage), and how these appliances are being increasingly adopted in both private and commercial use cases. It also talks about the prevalent connectivity technology supporting these devices (like Near Field Communication) and how their preference is changing over time paving the way for alternative communication technologies to take over. It also discusses the major drawbacks of connected white goods devices (including security concerns) which may dissuade users from purchasing them. It also explains how the common theme among all connected goods (that of being connectivity) is gradually changing and how this will impact the demand for these products.
The market development section has been further categorised into the following:
This section first charts the evolution of smart refrigerators and lists the features of modern-day refrigerators (such as the ability to connect to the internet via Wi-Fi, cellular, and Bluetooth). It then expounds on the specific feature of load shifting, associated with connected fridges and freezers and its advantages (such as controlling electricity demand for short time periods based on input from electricity providers, eventually allowing the owners of these devices to reduce their energy bills).
It also lists some of the popular devices by market vendors in the industry including the LG InstaView Door-in-Door Refrigerators, that have built-in Wi-Fi and use sensors to allow users to see the inside of the fridge by converting the black panel into a transparent glass with two knocks, preventing the loss of cold air.
This section talks about the general features (like automatic program selection) and some specific features of connected home washers & dryers (such as deciding upon a washing or drying program based on the textile type and degree of dirtiness of clothes using sensors). It then discusses how connected washers and dryers can also reduce electricity consumption and resultant carbon emissions.
It also lists some of the popular devices by market vendors, like the Bosch WGB246AXUC, which provides Bosch’s Home Connect feature and can be controlled via a smartphone application when connected to Wi-Fi. It uses sensors to automatically measure the right amount of detergent and water needed for each load.
This section of the report talks about the additional features of smart dishwashers when compared to traditional ones. For example, smart dishwashers that are connected via Wi-Fi allow users to start wash cycles anytime from a smartphone application, monitor performance, check cycle status, lock and unlock dishwashers from anywhere, and receive finished cycle, low detergent, malfunction, and leak alerts on smartphones.
Some of the popular devices by market vendors have also been included in this section, such as the Miele G 7216 SCU, which allow users to auto start the dishwashers via their smartphones, check the level of detergent left in the dispenser, view the remaining time left in the cycle, and even get reminders to buy new detergent as required.
This section talks about the variety of smart appliances in modern-day kitchens and how consumers can take advantage of these devices (like having recipes read out to them while cooking). It then discusses the connectivity technology used in connected ovens and stovetops and their features (such as barcode scanning capabilities to download cooking instructions).
It also mentions some of the popular devices by market vendors, including the GE Profile 30" Smart Built-In Convection Single Wall Oven, which is a connected oven with built-in Wi-Fi features to control and manage them remotely through a smartphone or a tablet.
This section of the report considers the roles IoT is playing in restaurants and commercial kitchens (like allowing end users to remotely manage equipment and ensuring that they always function properly by detecting any technical faults well in advance) and their benefits, such as ensuring that food is neither overcooked nor undercooked). It also refers to the connectivity technologies used in these devices (like Short Range) and the advantages of these technologies.
It also explains how commercial connected refrigerators (that rely on IoT) have also gained prominence in the market, the reasons behind their growing popularity (like sensors deployed on the refrigerators allowing constant monitoring of the status of the food items inside the fridge), and why they will find a diversity of use cases in different industries, including manufacturing and healthcare. It also touches upon the increasing connectivity in commercial dishwashers and their benefits.
It also comprises a few relevant IoT deployments in this application, like Arneg Korea introducing CO2-based refrigeration system in South Korean supermarket.
This section describes how smart washing and drying equipment devices are connected via Wi-Fi and the functions they serve for the operators, like sending timely alerts and reminders to the operators to take out their laundry when the process is complete. It then talks about how these devices are also used by the public for self-service laundry.
This section also discusses some relevant examples of IoT deployments in this application like Broadmead Resthome partnering with WashConnect to meet its capacity requirements and increase productivity.
The key vendors section lists some of the main providers of products and services related to the market such as Samsung, LG, Haier, Electrolux, and Bosch. The report provides profiles of the various vendors including aspects most relevant to this Application Group, such as product offerings, pricing, financial results, and technology.
In the market forecasts section, we provide a summary of the forecasts from the Transforma Insights IoT Forecast Database:
The report charts the growth in the number of connected white goods devices which will grow from 203 million in 2023 to approximately 1.9 billion in 2033.
Transforma Insights forecasts are compiled on a country-by-country basis. This report includes a regional summary, showing splits between Australasia, Greater China, North America, Europe, Japan, Latin America, MENA, Russia & Central Asia, South East Asia, South Korea, India & South Asia, and Sub-Saharan Africa.
Transforma Insights’ IoT forecasts include splits between the various connectivity technologies as follows: 2G, 3G, 4G, 5G mMTC, 5G non-mMTC, LPWA (non-mMTC), Satellite, Short Range, and Other.
This section discusses which technologies will be used in the white goods application group.
This part of the report discusses the market growth in terms of revenue (module revenue, service wrap revenue, and VAC revenue). Transforma Insights estimates that the revenue in the White Goods Application Group will grow at a CAGR of 38%.
