Huan Qiu Wang·2025-07-15 02:54Core Insights - The IPRdaily report reveals that Chinese home appliance brands dominate the top five positions in the global smart home invention patent rankings, with Haier, Midea, and Gree making significant appearances [1][2]. Group 1: Patent Rankings - Haier leads the list with 2,208 patents, followed closely by Samsung with 2,092 and LG with 2,089. Midea and Gree rank fourth and fifth with 1,832 and 1,640 patents, respectively [2]. Group 2: Market Growth - The global smart home market has seen substantial growth, increasing from $52.8 billion in 2018 to a projected $154.3 billion by 2024, reflecting a compound annual growth rate (CAGR) of 19.57%. The market is expected to reach $250.6 billion by 2029, indicating strong and sustained growth potential [2]. Group 3: Innovation and R&D - Haier's strong R&D capabilities are highlighted by its 17 National Science and Technology Progress Awards, making it a leader in the industry with over 200 original technologies that have been imitated [2]. - Midea is diversifying its business model, maintaining its advantages in traditional appliances while actively expanding into B2B sectors, covering energy-saving technologies and smart control systems [3]. - Gree continues its specialized development in air conditioning and refrigeration technologies, focusing on core components like compressors and motors, successfully extending its expertise into smart home applications [3]. Group 4: Industry Impact - The emergence of these Chinese home appliance companies not only enhances the global image of "Made in China" but also promises to deliver more innovative smart home products to consumers worldwide [3].