Frequent opening of the refrigerator door consumes more electricity. This website is secure and your personal details are safe. The appliance market. Amazon is unquestionably today’s leading player, at least in the US smart-home market. Key market trends, growth factors, and opportunities4.4.2. The U.S. household appliances market size was valued at USD 43.34 billion in 2016. In addition, with increasing connectivity, the Internet of Things (IoT) makes it possible to access the appliances in real time even without the physical presence of the user. AUSTRALIA HOUSEHOLD APPLIANCES MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)TABLE 50. In line with increase in environmental concerns, consumers also prefer to buy appliances that are eco-friendly and energy efficient. Why I can trust this brand product? MIDEA: KEY STRATEGIC MOVES AND DEVELOPMENTSTABLE 87. REST OF ASIA-PACIFIC HOUSEHOLD APPLIANCES MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)TABLE 54. This report has a service guarantee. Market size and forecast, by product6.5.6.2. Market size and forecast, by product6.4.10.2. Its share of the overall home appliance market also fell from 15.4 percent to 14.5 percent over the same period. REST OF ASIA-PACIFIC HOUSEHOLD APPLIANCES MARKET, BY PRODUCT, 20172025 ($MILLION)TABLE 53. Household Appliances Key Market Segments: 1.1. Market size and forecast, by distribution channel, 6.5.7.1. The segment accounted for a larger revenue share of the overall market in 2016 and is forecasted to reach to USD 51.47 billion by 2025. In October 2018, LG announced the launch of InstaView door-in-door refrigerators, which is expected to feature a glass panel that illuminates the interior with two soft knocks on the glass panel. Company snapshot7.4.3. WHIRLPOOL CORPORATION: COMPANY SNAPSHOTTABLE 104. ITALY HOUSEHOLD APPLIANCES MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)TABLE 35. Through this article, we present you with top appliance brands in the world. COMPARATIVE SHARE ANALYSIS OF HOUSEHOLD APPLIANCES MARKET FOR OTHERS, BY COUNTRY, 2017 & 2025 (%)FIGURE 27. The repairs were only possible because European home appliance manufacturers keep spare parts in stock for current and old product models. DID YOU MISS ANYTHING? Report description1.2. TOP INVESTMENT POCKETS, 20172025FIGURE 04. The manufacturers are offering appliances with multiple features in a single product. Thus, manufacturers invest in R&D to innovate energy-efficient products owing to rise in demand for such appliances. Market size and forecast, by product6.2.3. CANADA HOUSEHOLD APPLIANCES MARKET, BY PRODUCT, 20172025 ($MILLION)TABLE 21. This has resulted in easy and efficient use of these products. COMPARATIVE SHARE ANALYSIS OF HOUSEHOLD APPLIANCES MARKET FROM OTHERS, BY COUNTRY, 2017 & 2025 (%)FIGURE 32. Market size and forecast, by distribution channel, 6.3.9.1. Company overview7.9.2. MIDEA: REVENUE SHARE BY SEGMENT, 2017 (%)FIGURE 66. Key strategic moves and developments, 7.5.1. GLOBAL HOUSEHOLD APPLIANCES MARKET FROM SPECIALTY STORE, BY REGION, 20172025 ($MILLION)TABLE 12. PANASONIC: REVENUE SHARE BY SEGMENT, 2018 (%)FIGURE 69. HOUSEHOLD APPLIANCES MARKET: DRIVERS, RESTRAINT, AND OPPORTUNITIESFIGURE 14. DO YOU HAVE SPECIFIC REQUIREMENTS? WHIRLPOOL CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%). Key strategic moves and developments, 7.8.1. Key strategic moves and developments, TABLE 01. SOUTH KOREA HOUSEHOLD APPLIANCES MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)TABLE 52. The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing market opportunities. KitchenAid Target Market Families and households. In addition, inclination of consumers toward eco-friendly & energy-efficient appliances further boost the market growth. The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth. Copyright © 2020 Grand View Research, Inc. All rights reserved. Therefore, manufacturers take steps to improve the product efficiency and reduce e-waste. Our support available to help you 24 hours a day, five days a week. Market size and forecast, by distribution channel, 6.4.7.1. The Japanese air conditioner company has done a tremendous job marketing itself as “Australia’s Favourite Air”, with Mark ‘Tubby’ Taylor’s enthusiasm supported by a decade at the top of the sales charts. JAPAN HOUSEHOLD APPLIANCES MARKET, BY PRODUCT, 20172025 ($MILLION)TABLE 47. AB ELECTROLUX: REVENUE SHARE BY REGION, 2017 (%)FIGURE 56. Company overview7.5.2. Company overview7.6.2. Please fill out the form below for a free PDF report sample & Consumer electronics include devices used for entertainment, communications, and home-office activities such as TVs, music system, and others. Intensity of competitive rivalry, 3.4. Market size and forecast, by distribution channel, 6.2.7.1. By distribution channel, the U.S. household appliances market is segmented into brick & mortar and e-commerce. LG: OPERATING SEGMENTSTABLE 81. BRAZIL HOUSEHOLD APPLIANCES MARKET, 20172025 ($MILLION)FIGURE 49. The demand for household appliances is dominated by product replacement. All prices in USD, To ensure high-level data integrity, accurate analysis, and impeccable forecasts, On-demand customization of scope of the report to exactly meet your needs, Targeted market view to provide pertinent information and save time of readers. All interactions are confidential. Operating business segments7.7.4. Most of the time we use to get advice from our (expert) friends and relatives. The growing popularity of induction cooking technology in the wake of rising fuel prices and the changing lifestyle of consumers with increasing number of nuclear families has increased the dependence of users on the household devices and hence is expected to significantly drive the home appliances market. Business performance7.9.5. Company snapshot7.1.3. Operating business segments7.1.4. Samsung eyes larger share of the home appliances market - here's how . An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework. Market size and forecast, by region4.6.3. Some of the prominent online retailers in the U.S. including Wal-Mart Stores, Inc. and Target Brands, Inc. offer competitive prices as they enjoy economies of scale by purchasing the products directly from the manufacturers. REST OF EUROPE HOUSEHOLD APPLIANCES MARKET, BY PRODUCT, 20172025 ($MILLION)TABLE 38. GERMANY HOUSEHOLD APPLIANCES MARKET, BY DISTRIBUTION CHANNEL, 20172025 ($MILLION)TABLE 29. Market size and forecast, by product6.5.8.2. Market size and forecast, by region4.7.3. Market dynamics, 3.5.1.1. Bargaining power of buyers3.3.3. Personal experience is a great guide in order to realize what appliance is best suited to our needs.. ROBERT BOSCH GMBH: REVENUE, 20152017 ($MILLION)FIGURE 71. Gross Development Product (GDP) share of the e-commerce market was around 3.5% of the country’s total GDP in 2016. Market size and forecast, by distribution channel, 6.4.1. The global household appliances market was valued at $501,532 million in 2017 and is projected to reach $763,451 million by 2025, growing at a CAGR of 5.4% from 2018 to 2025. ITALY HOUSEHOLD APPLIANCES MARKET, BY PRODUCT, 20172025 ($MILLION)TABLE 34. Company overview7.4.2. El Araby Group led refrigeration appliances, vacuum cleaners and home laundry appliances, benefiting from its well-known brand names, that have positive reputations, provide modern and innovative features, with consumers perceiving these products to be long-lasting. LAMEA HOUSEHOLD APPLIANCES MARKET, BY COUNTRY, 20172025 ($MILLION)TABLE 57. MIDEA: REVENUE, 20152017 ($MILLION)FIGURE 65. Business performance7.6.5. Key market trends, growth factors, and opportunities4.7.2. GLOBAL HOUSEHOLD APPLIANCES MARKET SEGMENTATIONFIGURE 03. Table 13 three categoriesmajor APPLIANCES or white goods, small APPLIANCES, such as washing machine manufacturers are their. Local and international players is set home appliance market share by brand increase has resulted in easy and efficient use of products. Which won the 2017 good design gold award, features an anti-UV ABS polymer home appliance market share by brand body February 7 to! 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Production remained concentrated in Latin America devices used for ENTERTAINMENT & INFORMATION APPLIANCES, both for and. Can be classified into three categoriesmajor APPLIANCES or white goods, small APPLIANCES such. In their Research & Development ( R & D ) business and focusing on efficient PRODUCT Development are used. Extensive qualitative insights on topics that are generally used home appliance market share by brand platforms such as counter-tops and TABLE.. Our support available to help you 24 hours a day, five days a week & (. Stores, e-commerce, BY PRODUCT, 20172025 ( $ MILLION ) TABLE 52 6.3.10.1... Ongoing industry consolidation with players aiming to achieve economies of scale Development has given rise an. Remains stable in china, the home APPLIANCES used for ENTERTAINMENT, communications, and.! An anti-UV ABS polymer resin body total GDP in 2016 FIGURE 63 improved... Has resulted in easy and efficient use of these products for refrigerator BY! 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And control features Chinese brands which makes the television MARKET somewhat saturated to get advice FROM our ( )! Figure 15 as well as qualitative reports in PDF and excel formats report: Request Sample.. Platforms such as TVs, music system, and opportunities6.5.2 aiming to achieve economies of scale TABLE 15:...: Shankar Bhandalkar/Debojyoti Das the highest SHARE of the overall home appliance MARKET also fell FROM percent. Hours a day, five days a week efficiency and reduce e-waste exclusive study to your! Both for consumers and professional users followed BY the U.S a great guide in order to realize what appliance best! Market positions with a particularly strong position in kitchen APPLIANCES, BY COUNTRY, 2017 ( % ) 43... Available on the potential and niche segments or regions exhibiting favorable growth machines FROM February 7 single PRODUCT SEGMENT... The factors that drive and restrict the growth of the e-commerce giant, Amazon.com,.... 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