Washing Machine Market in the US 2016-2020

  • ID: 3752421
  • Report
  • Region: United States
  • 61 pages
  • TechNavio
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FEATURED COMPANIES

  • Arçelik
  • Electrolux
  • Groupe SEB
  • Hitachi
  • Midea
  • Panasonic
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About the Washing Machine Market in the US

With the latest innovations and new features, vendors are focusing on differentiating their product offerings through a clear and unique value proposition so as to entice consumers to replace their older washing machines with newer ones. Companies are also focusing on consumer engagement through superior customer service, and introduction of green and sustainable appliances.

The market is expected to boost sales through the increased penetration of smart, connected, and energy-efficient appliances. For instance, GE increased the working efficiency of its agitator washers in 2015, so that consumers can have control over the cycles as well as to improve energy-efficiency.

The analysts forecast the washing machine market in the US to grow at a CAGR of 4.84% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the washing machine market in the US 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of the following types of washing machines in the US for the residential segment:
- Front loading washing machine
- Top loading washing machine

The report, Washing Machine Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Electrolux
- GE
- LG Electronics
- Samsung
- Whirlpool

Other prominent vendors
- Midea
- Bosch-Siemens
- Haier
- Sharp
- Panasonic
- Hitachi
- Arçelik
- Groupe SEB
- Miele
- Toshiba

Market drivers
- Increasing demand for energy- and water-efficient washing machines
- For a full, detailed list, view the full report

Market challenges
- Infrequent purchases
- For a full, detailed list, view the full report

Market trends
- Growing emphasis on technology and smart appliances
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Arçelik
  • Electrolux
  • Groupe SEB
  • Hitachi
  • Midea
  • Panasonic
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
  • Economic indicators
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Market size and forecast
  • Front load washing machines
  • Top load washing machines
  • Other forms of top and front load washers
PART 07: Market drivers
  • Increasing demand for energy- and water-efficient washing machines
  • Rapid technological advances and product innovation
  • Growing housing industry
  • Strong distribution channels
PART 08: Impact of drivers

PART 09: Market challenges
  • Increased competition among vendors
  • Infrequent purchases
  • Safety concerns
PART 10: Impact of drivers and challenges

PART 11: Market trends
  • Growing emphasis on technology and smart appliances
  • Increasing investment in R&D
  • Omni-channel retailing
  • Internet retailing
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • Electrolux
  • General Electric (GE)
  • LG Electronics
  • Samsung
  • Whirlpool
PART 14: Appendix
  • List of abbredviations
PART 15: About the Author

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Population in US 2010-2015 (millions)
Exhibit 03: US: Urban population 2010-2014 (millions)
Exhibit 04: US: Urban population 2010-2014 (% of total)
Exhibit 05: GDP per capita in US 2010-2015 (current USD)
Exhibit 06: US: GDP growth 2010-2014 (annual %)
Exhibit 07: GNI per capita, Atlas method 2010-2014 (current USD)
Exhibit 08: Employment to population ratio in US 2015
Exhibit 09: Full-time and
PART-time employment ratio in US
Exhibit 10: US household final consumption expenditure 2004-2014 ($ trillions)
Exhibit 11: Washing machine market in US 2015-2020 ($ billions)
Exhibit 12: Penetration rate of washing machine in households: Comparison of North America with other regions 2015
Exhibit 13: Internet users per 100 people in US 2011-2014
Exhibit 14: Washing machine market in US by product type 2015 (% revenue)
Exhibit 15: Front load washing machine market in US 2015-2020 ($ billions)
Exhibit 16: Top load washing machine market in US 2015-2020 ($ billions)
Exhibit 17: CAGR for washing machine market in US by product type 2016-2020 (%)
Exhibit 18: Washing machine market in US by product type 2020 (% revenue)
Exhibit 19: New privately owned housing units started in US 2012-2014
Exhibit 20: Impact of drivers
Exhibit 21: Impact of drivers and challenges
Exhibit 22: Global omni-channel retail index 2015
Exhibit 23: US consumer electronics and appliance omni-channel retail index 2015
Exhibit 24: Electrolux: Business segmentation by revenue 2015
Exhibit 25: GE: Business segmentation by revenue 2015
Exhibit 26: GE: Geographical segmentation by revenue 2015
Exhibit 27: LG Electronics: Business segmentation by revenue 2014
Exhibit 28: LG Electronics: Geographical segmentation by revenue 2014
Exhibit 29: Samsung: Business segmentation by revenue 2014
Exhibit 30: Whirlpool: Product segmentation 2015
Exhibit 31: Whirlpool: Geographical segmentation 2015
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FEATURED COMPANIES

  • Arçelik
  • Electrolux
  • Groupe SEB
  • Hitachi
  • Midea
  • Panasonic
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Washing Machine Market in the US 2016-2020

The author of the report recognizes the following companies as the key players in the washing machine market in the US: Electrolux, GE, LG Electronics, Samsung, and Whirlpool.

Other Prominent Vendors in the market are: Midea, Bosch-Siemens, Haier, Sharp, Panasonic, Hitachi, Arçelik, Groupe SEB, Miele, and Toshiba.
Commenting on the report, an analyst from the research team said: “A key trend that is expected to positively impact the market is the growing emphasis on technology and smart appliances. Wireless technologies like ZigBee and Wi-Fi are making interoperability between devices possible. Near Field Communication (NFC) is being extensively used in smart washing machines to establish radio communication with smartphones and bring them at proximity. For instance, in 2014, LG Electronics introduced a smart washing machine using NFC that allows users to pair up their smartphones to download additional programs. The smart diagnosis feature of this machine can be used to detect functional issues in the machine. This product also has a smart diagnosis feature that can help to instantly troubleshoot problems and answer users' queries swiftly and conveniently.”

According to the report, a key growth driver is the rising demand for energy- and water-efficient washing machines. One of the major drivers of the washing machine market in the US is the increasing demand for energy- and water-efficient appliances. The US household consumes an average electricity of 911 kilowatts per month, which is higher than the energy consumed in other developed countries. In an attempt to curb this high energy consumption, the US government is encouraging manufacturers and consumers to switch to energy-efficient appliances that use smart grids.

Further, the report states that one challenge that could hamper market growth is the infrequent purchase by consumers. Generally, consumers opt to purchase washing machines only when they are shifting to a new house or when they are replacing worn out or old ones. Washing machines are meant for long-term use and generally do not require frequent replacement.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- Electrolux
- GE
- LG Electronics
- Samsung
- Whirlpool
- Midea
- Bosch-Siemens
- Haier
- Sharp
- Panasonic
- Hitachi
- Arçelik
- Groupe SEB
- Miele
- Toshiba
Note: Product cover images may vary from those shown
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