Published Date: 16-08-2018
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According to a new report published by KBV research, the LAMEA Smart Connected Washing Machine Market Size would witness market growth of 23.3% CAGR during the forecast period (2018-2024).
The Brazil market held the dominant share in the LAMEA Smart Connected Washing Machine Market by Country in 2017, and would continue to be a dominant market till 2024; thereby, achieving a market value of $179.5 Million by 2024, growing at a CAGR of 21.6 % during the forecast period. The UAE market is expected to witness a CAGR of 22.6% during (2018-2024). Additionally, The South Africa market is expected to witness a CAGR of 23.9% during (2018-2024).
The South Africa Smart Connected Washing Machine Market is expected to reach $189.7 Million by 2024, growing at a CAGR of 23.9% during 2018 -2024. The Top Load market dominated the South Africa Smart Connected Washing Machine Market by Product in 2017. The Front Load market is expected to witness a CAGR of 23.4% during (2018 - 2024).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the Market have been discussed in the report with the elaborated company profiles of Robert Bosch GmbH, Samsung Group, LG Electronics Inc., Siemens AG, Haier Group Corporation, AB Electrolux, Whirlpool Corporation, Techtronic Industries, Panasonic Corporation, and GE Appliances.
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