Smart Home Devices Continue to Penetrate Outdoor Settings

Consumers increasingly interested in outdoor products that are compatible with smart technologies

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Mar 17, 2020, 09:37 ET

CLEVELAND, March 17, 2020 /PRNewswire/ -- According to the new edition of Outdoor Living Products 2020, as smart home devices have become more commonplace, these technologies have increasingly penetrated outdoor settings, a trend aided by expanded offerings of "smart" outdoor living options. Such products include:

grills and other cooking appliances that allow users to control temperatures, timers, and other features from tablets or smartphones
automated and programmable lighting
audio equipment, televisions, and backyard theater systems
security systems, including cameras with night vision, motion sensors, and lighting that can be controlled or monitored from an electronic device

These products can be controlled via a tablet or smartphone, allowing homeowners to easily adjust features such as lighting, audio equipment volume, or cooking appliance settings without having to back indoors or step away from guests.

More information regarding the study is here: https://www.freedoniagroup.com/industry-study/outdoor-living-products-2020-3793.htm

The market for outdoor cooking, entertaining, and recreation products is forecast to grow 4.0% to reach $9.9 billion in 2020 and increase 4.0% per year to $11.5 billion in 2024. Among the fastest growing products are furniture, outdoor kitchen equipment, and patio heating products – the segments that stand to benefit the most from the growing investment in upgraded outdoor living spaces. As homeowners are increasingly likely to dedicate parts of their outdoor living spaces to dining and entertaining, demand is expected to rise at a strong pace for dining sets, chat groups, and fire tables, as well as cooking and refrigeration fixtures, and cocktail and bar centers.

Furthermore, sheds and other outdoor storage product sales growth will benefit from the increasing availability of easy-to-install modular products, as well as the rising popularity of alternative uses of sheds apart from storage – for example, as pool houses or she-sheds.

Contact Corinne Gangloff for an interview with the analyst.

About The Freedonia Group – The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, and market share information. Studies can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com.

Press Contact:
Corinne Gangloff
+1 440.684.9600
[email protected]

SOURCE The Freedonia Group