The International Data Corporation (IDC) stated that in 2025, China's Smart Home market is expected to ship 0.281 billion units, a year-on-year increase of 7.8%, with the smart lighting market leading the growth. The old-for-new national subsidy policy starting in 2024 has accelerated the penetration of high-end products to some extent. In 2025, against the backdrop of government promotion of Consumer spending, traditional home appliance categories, including Refrigerators, Washing Machines, and Air Conditioners, will accelerate entering the product structure upgrade cycle, moving towards high-end, intelligent, quality, and personalized directions.