Home Appliances Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025

Home Appliances Market: Market Overview

Consumers have evolved and rapidly adopted new technology products to streamline their day to day activity. The higher adoption of smartphones, growing usage of IOT devices created new opportunity across various sectors including industry automation, smart home and smart city. Devices like smartphone, intelligent speakers and connected devices reinforced to evolve new home appliances market, where most of the home appliances are connected to internet to automate their activities with less human intervention. It had been observed that home appliances market is expected to witness a substantial growth over the forecast period due to the increasing disposable income of individuals in many developing countries. The increasing demand for air conditioners, washing machines and refrigerators are helping consumers in improving their living standards and also there is increase in number of households across the globe.

Due to technological advancement in many electronic appliances, consumers have started using efficient devices and adopting technologies to improve their household. These home appliances are more energy-efficient than their traditional home appliances for household purpose. This shift towards energy and water efficient appliances by consumers is also creating opportunities for home appliances market

Many prominent players in the home appliances market are investing in R&D to develop innovative home appliances that will propel the growth of the home appliances market

Home Appliances Market: Market Dynamics

Increased purchasing power and better access to quality products with affordable price are the driving factors in the home appliances market. Advanced internet connection and new ways of sales channel are expected to drive the global home appliances market.  

Safety issues and increased power consumption is expected to hamper the growth of home appliances market.

Adoption of smart home systems is expected to create opportunities for home appliances market, in the coming years.

Global Home Appliances Market: Market Segmentation

Segmentation Overview

Home Appliances market can be segmented by product type, sales channel, and region.

Segmentation by product type in Home Appliances market:

• Cleaning Appliances
• Entertainment Appliances
• Kitchen Appliances
• Refrigeration Appliances
• Bath Appliances
• Room Comfort Appliances
• Washing Appliances
• Water Heating Appliances

Segmentation by sales channel in Home Appliances market:

• Direct Channel
• Indirect Channel
  • Supermarkets
  • Hypermarkets
  • Specialty Stores
  • Departmental Stores
• E-Commerce

Global Home Appliances Market: Competition Landscape

Few prominent players in Home Appliances market include Haier Electronics Group Co., Ltd., Electrolux AB, Samsung Electronics Co., Ltd., LG Electronics, BSH Home Appliances Corporation, Haier Electronics Group Co., Ltd., Panasonic Corporation, Middleby Corporation, Hitachi Appliances, Inc., GE Appliances, Fujitsu Corporation, Siemens Home Appliances and Crompton Greaves Global.com.

Home Appliances Market: Regional Outlook

Presently, Europe is expected to dominate the home appliances market owing to technological advancements in home appliances in this region. Home appliances market in Asia Pacific is expected to witness a significant demand over the future owing to the increasing disposable incomes and a significant rise in the demand in rural areas. Brazil is the largest appliances market in Latin America as there is increase in usage of refrigerators and washing machines in this region.

The report covers exhaustive analysis on:

• Global Home Appliances Market Segments
• Global Home Appliances Market Dynamics
• Historical Actual Market Size, 2012 - 2016
• Global Home Appliances Market Size & Forecast 2016 to 2027
• Supply & Demand Value Chain for Home Appliances Market
• Global Home Appliances Market Current Trends/Issues/Challenges
• Competition & Companies involved in Home Appliances Market
• Home Appliances Technology
• Value Chain of Home Appliances
• Global Home Appliances Market Drivers and Restraints

Regional analysis of Global Home Appliances Market includes

• North America Home Appliances Market
  • US
  • Canada
• Latin America Home Appliances Market
  • Brazil, Argentina & Others
• Eastern Europe Home Appliances Market
  • Poland
  • Russia
  • Rest of Eastern Europe
• Western Europe Home Appliances Market
  • Germany
  • Italy
  • France
  • UK
  • Spain
  • Nordic
  • BENELUX
  • Rest of Western Europe
• Asia Pacific Home Appliances Market
  • Australia and New Zealand (ANZ)
  • Greater China
  • India
  • ASEAN
  • Rest of Asia Pacific
• Japan Home Appliances Market
• Middle East and Africa Home Appliances Market
  • GCC Countries
  • Other Middle East
  • North Africa
  • South Africa
  • Other Africa

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

• Tailwinds and headwinds molding the market’s trajectory
• Market segments based on products, technology, and applications
• Prospects of each segment
• Overall current and possible future size of the market
• Growth pace of the market
• Competitive landscape and key players’ strategies

The main aim of the report is to:

• Enable key stakeholder’s in the market bet right on it
• Understand the opportunities and pitfalls awaiting them
• Assess the overall growth scope in the near term
• Strategize effectively with respect to production and distribution

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