Entertainment & Information Appliances Gorenje Group. This growing client base relies on Technavioâs 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. The global connected home appliance market is segmented on the basis of type, application, and geography. Electrolux AB. Air Conditioner & Heater 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 ⦠7.3.2. Value Chain Analysis, 5. Rest of the World, 8. Free report customization (equivalent up to 4 analyst’s working days) with purchase. IoT will be a trend that will influence vendors during the forecast period. 9.5.1. 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. Market Dynamics They are available in various distribution channels such as Supermarket & Hypermarket, Specialty Store, E-Commerce, and Others. Supermarket & Hypermarket • Asia Pacific Product Outlook Financial Performance 5.7. Whirlpool Corporation. • Others. • In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met. Brazil Many vendors in the household appliance market have transformed their product offerings to sync with the smart and advanced technology led by the growing popularity of IoT, which integrates digital and wireless technology. Pune, India - October 11, 2019 /MarketersMedia/ â Home Appliance Chain Market 2019. 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. 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. • Entertainment & Information Appliances Overview COMPANY PROFILES 9.1.2. Financial Performance • Refrigerator Financial Performance U.S. 7.4.2. Overview 9.1.3. Request a free sample report. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. 4.4. 9.4.3. 5.2. • Cleaning Appliance 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. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally. 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. Financial Performance The global home appliance market is segmented on the basis of type, application, and geography. 6.3. https://www.verifiedmarketresearch.com/ask-for-discount/?rid=11037. 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. 9.8.2. Overview 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, high living standards, improved quality of life, and easy to use of home appliances expect a boost to the market in the coming years. Industry Insights . Share This Press Release. • Others. Product Outlook 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). • Rest of the world. Attractive offers by online retailers, power innovation for AI-driven gadgets, and significant investments towards the acquisition and product development are growth opportunities for the market. Overview 1.3. âThe large home appliance market should cater to the needs of different consumer groups. Financial Performance US: +1 844 364 1100 5.6. The global home appliances market is experiencing steady growth with the growing middle-class economy, improved disposable income levels in a number of countries, an increase in labor costs, busier lifestyles, and the availability of a range of home appliances ⦠9.8.1. 5.4. The growth and advances, coupled with the increased adoption of smartphones, smart hubs, and IoT devices, will drive the global household appliance market. Haier Electronics. 8.3. 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. 9.5.3. 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 ⦠• Specialty Store Some of the key topics covered in the report include: Technavio is a leading global technology research and advisory company. U.K. Technavio Research 1. 9.8.3. Product Outlook Jesse Maida • Cooking Range 1.2. Vietnam Major Appliances Reports: Our 2020 Vietnam report include trends, statistics, opportunities, sales data, market share, segmentation projections on the Major Appliances market. 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. Overview Household Appliance Market: Increased Adoption of Integrated Smart Home Technology. Asia Pacific home appliances market ⦠6.2. We expect to see more household appliances targeting small families. Microwave & Oven Addition or alteration to country, regional & segment scope, Global Influenza Vaccine Market By Type, By Technology, By Demography, By Geographic Scope And Forecast, Global Narcolepsy Drugs Market Size And Forecast. Innovation is the critical differentiating factor Opportunities for profit maintain remain ⦠Based on the Distribution Channel, the market is bifurcated into Supermarket & Hypermarket, Specialty Store, E-Commerce, and Others. • Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis 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. • 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 Overview Company Market Ranking 5.9. Panasonic Corporation Product Outlook Canada Email: media@technavio.com Home Appliance Market ⦠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. 7.6. 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. 7.3.3. Overview 9.2.4. All Rights Reserved. 9.10.1. Samsung Electronics 7.4.3. 9.9.3. • Provision of market value (USD Billion) data for each segment and sub-segment Young, single consumers value the ability to control large household appliances ⦠7.3. 6.5. Scope of Report 9.2.3. The major players in the market are, • Haier Electronics 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. 6.1. 7.2.3. Financial Performance The Refrigerator segment is expected to hold the largest market share. 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. Overview Asia Pacific [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 ⦠Key Developments. RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH • Whirlpool Corporation 9.3.3. 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. The adoption of smart and advanced appliances has increased significantly, mainly due to the growing adoption of smart homes and smart home technologies such as smart hubs and smart AI-enabled smart home controllers that can control the appliances remotely. To know more about the Research Methodology and other aspects of the research study, kindly Get in touch with our sales team. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. 7.2. Technavio has announced its latest market research report titled Global Household Appliance Market 2020-2024 (Graphic: Business Wire). Overview UK: +44 203 893 3200 Product Outlook Overview Smart appliance market ⦠Argentina This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024. Technavioâs sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. GLOBAL HOME APPLIANCES MARKET, BY PRODUCT 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%. The Global Household Appliance Market will grow by $ 21.76 bn during 2020-2024 5.5. Key Developments, 9.5. 9.3.4. Cooking Range 7.3.4. 9.10.4. LG Electronics 6.4. E-Commerce 7.5.2. GLOBAL HOME APPLIANCES MARKET COMPETITIVE LANDSCAPE Financial Performance The APAC region led the household appliance market share in 2019, followed by Europe, North America, South America, and MEA respectively. • North America Key Developments, 9.2. Major home & household appliances manufacturers worldwide ranked by revenue 2019 ⦠List of Data Sources, 4. 9.2.1. • Panasonic Corporation 9.9.4. A growing number of nuclear families, improved ⦠Product Outlook 5.3. 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 ⦠• Samsung Electronics Financial Performance 9.6.3. 4.2.2. LONDON--(BUSINESS WIRE)--The global household appliance market size is expected to grow by USD 21.76 billion during 2020-2024. • Supermarket & Hypermarket Please connect with our sales team, who will ensure that your Requirements are met income are expected to the... 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