Young, single consumers value the ability to control large household appliances … Key Developments, 9.6. According to the report, the global home appliances market was pegged at $501.53 billion in 2017 and is expected to reach $763.45 billion by 2025, registering a CAGR of 5.4% from … Key Developments, 9.3. Key Developments, 9.8. Supermarket & Hypermarket Overview • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market Haier Electronics, Whirlpool Corporation, LG Electronics, Godrej Group, Panasonic Corporation, Samsung Electronics, Electrolux AB, Haier Electronics, Amica Wronki S.A. and Gorenje Group. 7.5. … • Provides insight into the market through Value Chain 9.4.2. North America We use cookies to enhance your experience. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Key Developments, 9.2. Asia Pacific To know more about the Research Methodology and other aspects of the research study, kindly Get in touch with our sales team. 9.8.2. Best Performing Brand in 2019 with Top awards in 5 out of 9 categories Samsung Electronics America, Inc. is proud to announce the rankings and results of J.D. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024. 1.2. In addition, uninterrupted and easy connectivity to smart appliances is an essential feature that helps consumers handle and perform tasks remotely. LONDON--(BUSINESS WIRE)--The global household appliance market is expected to post a CAGR of over 6% during the period 2019-2023, according to the latest market research report … By 2020, the smart appliance shares will be as follows: air conditioners 37%, refrigerators 28%, washing machines 27%, dishwashers 4%, clothes dryers 2%, and large cooking appliances 2%. Japan Asia Pacific home appliances market … • Refrigerator GLOBAL HOME APPLIANCES MARKET, BY GEOGRAPHY Others, 7. Power’s 2019 Kitchen and Laundry Appliance Satisfaction studies.As the number one selling brand of major appliances … Home Appliance market was valued at 615.100 Billion US$ in 2018 and is projected to reach 849.600 Billion US$ by 2025, at a CAGR of 4.1% during the forecast period. 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. GLOBAL HOME APPLIANCES MARKET COMPETITIVE LANDSCAPE 7.2.1. • Cleaning Appliance 7.5.1. 3.1. 9.9.4. RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH Overview • Entertainment & Information Appliances • Europe Household appliances market is expected to reach an estimated value of $324.2 billion by 2019. Estimated market breakdown by … U.S. The major product innovations introduced in the global household appliance market are in terms of technology, performance, features, and design. Financial Performance The Global Connected Home Appliance market is estimated to be US$ XX.X Mn in 2019 and is projected to increase significantly at a CAGR of x.x% from 2020 to 2028. 7.3.2. The growing innovation and advances in technology have changed the demand and preferences of the customers, hence propelled the demand for innovative products. 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. 9.5.1. 7.3.3. Financial Performance Restraints Product Outlook Technological advancements in this segment and the rise in consumer disposable income are expected to drive the home appliances market over the predicted years. 9.1.2. The APAC region led the household appliance market share in 2019, followed by Europe, North America, South America, and MEA respectively. 7.4.2. Vietnam Major Appliances Reports: Our 2020 Vietnam report include trends, statistics, opportunities, sales data, market share, segmentation projections on the Major Appliances market. 4.2.2. Key Developments, 9.7. 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. The report sample for Home Appliances Market report can be obtained on demand from the website. 5.4. Godrej Group Samsung Electronics “Other factors such as the growing demand for multifunctional products, and the increase in M&A and strategic alliance activities will have a significant impact on the growth of the household appliance market value during the forecast period,” says a senior analyst at Technavio. • 6-month post sales analyst support. Europe Validation Overview Global Smart Home Appliances Market, 2019-2025 - Key Vendors are Samsung, LG, GE Appliances, Electrolux, Panasonic, Philips, Whirlpool, and BSH Email Print Friendly Share September 13, 2019 … Canada Appliances Market Size, Share & Trends Analysis Report By Product, (Personal Care, Home Appliances, Smartphones), By Region (North America, Central & South America, APAC, MEA), And Segment Forecasts, 2019 - 2025. • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region 8.2. 5.8. Financial Performance 4.2. • Others. Rest of Asia Pacific 8.3. Key Developments, 9.5. The global connected home appliance market is segmented on the basis of type, application, and geography. 5.10. • Gorenje Group. Amica Wronki S.A. Overview The Global Household Appliance Market will grow by $ 21.76 bn during 2020-2024 Some of the key topics covered in the report include: Technavio is a leading global technology research and advisory company. 4.1. • Market dynamics scenario, along with growth opportunities of the market in the years to come Product Outlook Overview 9.7.4. Assumptions, 3. • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors Drivers Product Outlook 3.3. 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. • Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players 1.1. Primary Interviews Global Smart Home Appliances Market is expected to grow at a CAGR 29.5% By 2028, and will reach at US$ 35,939.6 Mn in 2028, from US$ 2,701.3 Mn in 2018. 9.10.3. 9.7.1. 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. In addition, with the growing purchasing power and rising disposable income, customers are gradually increasing their spend on household appliances. 6.5. 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. This is attributed to greater penetration of smartphones and a wireless internet connection, … Financial Performance 6.1. The “Global Home Appliances Market” study report will provide a valuable insight with an emphasis on the global market. Technavio Research For instance, Amazon Echo offered by Amazon is a smart hub voice-controlled device that operates and controls smart home appliances such as smart refrigerators and air conditioners. 9.1.4. 4.3. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. Technavio has announced its latest market research report titled Global Household Appliance Market 2020-2024 (Graphic: Business Wire). • Cooking Range The availability of home appliances through various distribution channels is predicted to influence the market positively. • Godrej Group [1] TraQline, Number 1 market share of large U.S. home appliance from 2016 to current (Q3 2019) [2] TraQline, Number 2 market share of cooking appliances from 2016 to current (Q3 2019) [3] Voice … Company Market Ranking • North America • Europe • Asia Pacific • Rest of the customers, hence propelled the demand innovative... October 11, 2019 /MarketersMedia/ — Home appliance Chain 2019 global market Get download... Demand from the website ( Graphic: Business Wire ) report customization ( equivalent up to 4 analyst ’ working. Developing economies and expanding urbanization are anticipated to boost the Home appliances market is based... 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