Company Market Ranking Global “Home Appliances Market” 2024- report describes the vital growth factors, opportunities and market segment by top players during the forecast period from 2019 to 2024. This has propelled the demand for premium household appliances and led to the growth of the global household appliance market. 5.5. UK: +44 203 893 3200 Validation Overview 9.8.2. France New Study Reports "Home Appliance Chain 2019 Global Market Opportunities, Challenges, Strategies and Forecasts 2025". 7.1. Electrolux AB. In addition, with the growing purchasing power and rising disposable income, customers are gradually increasing their spend on household appliances. Overview • Panasonic Corporation 7.4. Others, 6. • Microwave & Oven 9.9.4. • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled 9.3.2. The Global Home Appliance Market was valued at US$ 443,945.2 Mn in 2018 and is projected to increase significantly at a CAGR of 8.0% from 2019 to 2028. 4.2.3. Number of employess in the home appliance business, 2014-2016-2018 for the leading companies Sales by geographical area: Home appliances. IoT will be a trend that will influence vendors during the forecast period. 7.3.4. 9.6.2. During the forecast period, the APAC region is expected to register the highest incremental growth due to factors such as rising urbanization, higher spending power, and the increased demand for smart appliances from single households. Technological advancements in this segment, the rise in consumer disposable income, improved quality of life, and easy to use of home appliances are expected to drive the home appliances market over the predicted years. Number of employess in the home appliance business, 2014-2016-2018 for the leading companies Sales by geographical area: Home appliances. 8.2. Product Outlook 7.2.1. Technavio Research Restraints Assumptions, 3. Overview Brazil Chapter 2, to profile the top manufacturers of Surface Mounted Fan Coil, with price, sales, revenue and global market share of Voltage Stabilizers for Home Appliance in 2018 and 2019. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. 6.2. The report sample for Home Appliances Market report can be obtained on demand from the website. LG Electronics 5.4. 5.3. Product Outlook The global connected home appliance market is segmented on the basis of type, application, and geography. Panasonic Corporation The wireless technologies used by devices for connectivity include Wi-Fi, Bluetooth, and ZigBee. Samsung Electronics This is attributed to greater penetration of smartphones and a wireless internet connection, … • Rest of the world. • Others. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. Technological advancements in this segment and the rise in consumer disposable income are expected to drive the home appliances market over the predicted years. 7.2.3. 3.4. Overview It is also known as domestic appliances, majorly involves white goods such as refrigerators, air conditioners, dishwashers, clothes dryers, drying cabinets, freezers, kitchen stoves, water heaters, washing machines. 9.5.3. GLOBAL HOME APPLIANCES MARKET, BY PRODUCT Some of the key topics covered in the report include: Technavio is a leading global technology research and advisory company. Entertainment & Information Appliances COMPANY PROFILES 4.2. Microwave & Oven Key Developments, 9.6. Home Appliances Market Size And Forecast Home Appliances Market was valued at USD 170.58 Billion in 2018 and is projected to reach USD 208.65 Billion by 2026, growing at a CAGR of 2.57 % from … According to the author's latest report, "India Kitchen Appliances Market Size, Share & Analysis, Forecast and Opportunities, 2019-2025", India kitchen appliances market continues to show … This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 9.1.1. 9.10.3. Financial Performance 9.5.1. 9.5.4. GLOBAL HOME APPLIANCES MARKET OUTLOOK 9.2.4. List of Data Sources, 4. Product Outlook According to the report, the global home appliances market was pegged at $501.53 billion in 2017 and is expected to reach $763.45 billion by 2025, registering a CAGR of 5.4% from … • 6-month post sales analyst support. 9.7.3. Haier Electronics Household Appliance Market: Increased Adoption of Integrated Smart Home Technology. HSBC estimates that by 2019, replacement demand will account for approximately 92% of home appliance sales. In addition, uninterrupted and easy connectivity to smart appliances is an essential feature that helps consumers handle and perform tasks remotely. >>> Ask For Discount @ – https://www.verifiedmarketresearch.com/ask-for-discount/?rid=11037. 3.1. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Estimated market breakdown by … 9.4.3. • Europe • Samsung Electronics 9.3.4. Washing Machine Drivers Financial Performance • Electrolux AB According to a ranking published by iiMedia Research, the most popular Chinese brand in the home appliances market in China in 2019 was Midea, receiving 98.5 out of a maximum possible … 9.4.4. Home Appliance market was valued at 615.100 Billion US$ in 2018 and is projected to reach 849.600 Billion US$ by 2025, at a CAGR of 4.1% during the forecast period. Vietnam Major Appliances Reports: Our 2020 Vietnam report include trends, statistics, opportunities, sales data, market share, segmentation projections on the Major Appliances market. The “Global Home Appliances Market” study report will provide a valuable insight with an emphasis on the global market. • In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met. 9.2.1. Rest of the World, 8. 7.5.1. Key Developments, 9.3. 4.2.1. By 2020, the smart appliance shares will be as follows: air conditioners 37%, refrigerators 28%, washing machines 27%, dishwashers 4%, clothes dryers 2%, and large cooking appliances 2%. • Whirlpool Corporation • Entertainment & Information Appliances • Haier Electronics Value Chain Analysis, 5. 1.2. Financial Performance Media & Marketing Executive U.S. Financial Performance Home appliance refers to a piece of equipment, usually operated electrically, used especially in the home or for the performance of domestic chores such as cooking, cleaning, or food preservation. With the awareness of the advantages of home appliances over developing economies and expanding urbanization are anticipated to boost the home appliances market. Share This Press Release. Request challenges and opportunities influenced by COVID-19 pandemic - Request a Free Sample Report on COVID-19 Impacts. Specialty Store 7.4.4. • Refrigerator As per Technavio, the increased adoption of integrated smart home technology will have a positive impact on the market and contribute to its growth significantly over the forecast period. • Others. 9.4.1. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market. We expect to see more household appliances targeting small families. >>> Get | Download Sample Copy @ – https://www.verifiedmarketresearch.com/download-sample/?rid=11037. Technological advancements in this segment, the rise in consumer disposable income, improved quality of life, and easy to use of home appliances are expected to drive the home appliances market over the predicted years. Also, the 24*7 chat support & direct call services are provided to procure the sample report. • Specialty Store • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market The economic slowdown in recent years has impacted demand in the region although there is considerable growth potential for ... 2/15/2019 … • The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions 9.4.2. • Asia Pacific The major product innovations introduced in the global household appliance market are in terms of technology, performance, features, and design. Based on the Product, the market is bifurcated into Refrigerator, Air Conditioner & Heater, Entertainment & Information Appliances, Washing Machine, Cleaning Appliance, Cooktop, Cooking Range, Microwave & Oven, and Others. 4.3. 6.7.2 South America Home Appliance Market Share by Type in 2017 6.7.3 South America Home Appliance Market Share by Application in 2017 6.7.4 Brazil 6.7.5 Argentina 6.7.6 Colombia 6.7.7 Chile 6.8 Middle East & Africa 6.8.1 Middle East & Africa Market … 5.8. Home Appliances Market was valued at USD 170.58 Billion in 2018 and is projected to reach USD 208.65 Billion by 2026, growing at a CAGR of 2.57 % from 2019 to 2026. Comparing the results to its competitors, Whirlpool reported Total Revenue increase in the 3 quarter 2020 by 3.93 % year on year, while most of its competitors have experienced contraction in revenues by … Product Outlook The Refrigerator segment is expected to hold the largest market share. Product Outlook A growing number of nuclear families, improved … The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. 7.3. Market Dynamics The Global Home Appliances Market report provides a holistic evaluation of the market. Gorenje Group. Key Developments, 9.8. • Amica Wronki S.A. We use cookies to enhance your experience. The Global Household Appliance Market will grow by $ 21.76 bn during 2020-2024 LONDON--(BUSINESS WIRE)--The global household appliance market size is expected to grow by USD 21.76 billion during 2020-2024. 7.3.2. 9.8.3. • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors All Rights Reserved. To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44899. Asia Pacific 9.6.1. Financial Performance The growth and advances, coupled with the increased adoption of smartphones, smart hubs, and IoT devices, will drive the global household appliance market. The global household cooking appliance market was valued at USD 80.74 billion in 2018 and is poised to progress at a CAGR of 6.5% from 2019 to 2025. Additionally, various features of home appliances such as smart functionality, elegant design, sustainability, diversity, and effectiveness are predicted to fuel the market during the forecasted years. • Gorenje Group. Japan 3.2. Key Developments, 9.10. 9.3.1. The major drivers of the household appliances industry are increase in per capita income, consumer … 7.6. • Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players Innovation is the critical differentiating factor Opportunities for profit maintain remain … RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH Cooking Range The global home appliances market was valued at USD 174.07 billion in 2017 and is projected to reach a value of USD 203.37 billion by the end of 2023, at a CAGR of 2.6% over the … Haier Electronics. 6.4. 9.1. China Product Outlook 9.6.3. This market research report segments the household appliance market by product (major household appliances and small household appliances), distribution channel (offline and online), and geography (APAC, Europe, North America, South America, and MEA). 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