North America Home Appliances Market Growth, Trends & Forecasts 2017 - 2022

  • ID: 4385932
  • Report
  • Region: America, North America, United States
  • 94 pages
  • Mordor Intelligence
1 of 3
The home appliances market is an ever-growing market in the North American region, with a huge potential to grow and cater to the needs of the people. The market has witnessed a significant growth in the past few years and has been playing a crucial role in easing the life of the people along with providing quality services and products. This takes a huge load off of the working population. North America is leading the market share in the home appliances market due to the huge boosts in the technology penetration in the country. People from all walks of life have become dependent on the technology to cater to their ever-growing needs of comfort.

The North American home appliances market has been estimated at USD XX.XX billion in 2016 and is projected to reach a value of US XX.XX billion by 2021 growing at a CAGR of XX.XX% during the forecast period from 2016 to 2021. Technological innovation has contributed towards improving the standard of living of people across the world. An astronomical change in the way of things can be observed due to the increased disposable incomes of people and the rapid urbanization trends catching up to the different parts of the world.

The import of less expensive and efficient appliances from the developing nations and a significant rise in the disposable income of the population have been driving the growth of the market in this region. The high cost of essential appliances has been hindering the growth of the market.

Replacement sales in the developed regions have been the most prominent form of revenue for the manufacturers, replacing the old versions of the products with smarter and more efficient appliances. This has set the trend for the manufacturers to invest in R&D to come up with innovative and unique products to offer complete solutions to the consumers. The current trend of smart homes is encouraging the use of smart appliances in home designing, with people willing to invest in a completely connected home that can be easily operated. With big players in the market investing in huge amounts of money to come up with smart applications, it will lead to smart appliances propelling the growth of the home appliances market.

The North American home appliances market has been segmented on the basis of products into kitchen appliances (electrical ranges, microwaves, cooktops and others), refrigeration appliances (refrigerators, freezing systems and others), washing appliances (washing machines, washer dryer, dryers, steam iron devices and others), room comfort (air conditioners, room heaters, ceiling fans, dehumidifier and others), water heater appliances (storage tank water heaters, solar water heaters, gamma electric iron rods and others), cleaning appliances (vacuum cleaners, dishwashers and others) and entertainment appliances (televisions and others) with kitchen appliances being expected to be the fastest growing sector. Need for efficient and safer appliances has prompted manufacturers to introduce the trend of eco-friendly products that has led to improved appliances with increased durability and lesser power dependency.

The market has also been segmented on the basis of the distribution channel into direct selling, supermarkets, specialty stores, e-commerce, departmental stores and others. Though supermarket and departmental stores have been a favorite for the consumers, e-commerce is expected to be the fastest growing distribution channel during the forecast period. A platform with a plethora of choices with the ability to compare products from different manufacturers with a delivery option to the location has led to forecasting. E-Commerce is to become the fastest growing segment of the distribution channels. Internet penetration of over 50% in a majority of countries in the North American regions has propelled the exponential growth of e-commerce in the developed regions and will continue to do so during the forecast period.

The market has been further segmented on the basis of the region into the United States, Canada and others. The United States and Canada have established themselves as saturated markets in the home appliances domain. Domestic competition among major players with competitive pricing and introducing products with the eco-friendly touch has created a competitive scenario that has led to a very active market in the home appliances segment.

The report also considers key trends that will impact the industry and profiles of leading companies with majority market share in the North American home appliances market. Some of the major players in home appliances market mentioned in the report are Haier Electronics Group Co. Ltd, Whirlpool, Electrolux AB, Defy Appliances (Pty) Ltd, Candy Group, LG Electronics, Godrej Group, Panasonic Corporation, Samsung Electronics, Viking Range, LLC, AmicaWronki S.A., Arcelik A.S and Gorenje Group.

This Report Offers:

Market definition for the North American home appliances market, along with identification of key drivers and restraints.
Market analysis for the North America home appliances market, with region-specific assessments.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
Identification and analysis of the macro and micro factors that affect the North America home appliances market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
READ MORE
Note: Product cover images may vary from those shown
2 of 3
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approch and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porter's 5 Force Analysis
4.6.1 Bargaining Power of Suppliers
4.6.2 Bargaining Power of Consumers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitute Products
4.6.5 Competitive Rivalry within the Industry
4.7 Industry Policies
5. North America Home Appliances Products Market Segmentation
5.1 Products
5.2 Kitchen Appliances
5.2.1 Electrical Ranges
5.2.2 Microwaves
5.2.3 Cooktops
5.2.4 Others
5.3 Refrigeration Appliances
5.3.1 Refrigerators
5.3.2 Industrial Refrigeration Systems
5.3.3 Others
5.4 Washing Appliances
5.4.1 Washing Machines
5.4.2 Washer Dryer
5.4.3 Dryer
5.4.4 Steam Iron Devices
5.5 Room Comfort
5.5.1 Air Conditioners
5.5.2 Room Heaters
5.5.3 Ceiling Fans
5.5.4 Dehumidifier
5.5.5 Others
5.6 Water Heater Appliances
5.6.1 Storage Tank Water Heaters
5.6.2 Solar Water Heaters
5.6.3 Gamma Electric Iron
5.6.4 Others
5.7 Cleaning Appliances
5.7.1 Vacuum Cleaners
5.7.2 Dishwashers
5.7.3 Others
5.8 Entertainment Appliances
5.8.1 Televisions
5.8.2 Others
5.9 Distribution Channel
5.9.1 Direct Selling
5.9.2 Supermarkets
5.9.3 Specialty Stores
5.9.4 E-Commerce
5.9.5 Departmental Stores
5.9.6 Others
5.10 North America
5.10.1 United States
5.10.2 Canada
5.10.3 Others
6. North America Vendor Market Share Analysis
7. Competitive Intelligence - Company Profiles
7.1 Haier Electronics Group Co. Ltd
7.1.1 Overview
7.1.2 Products and Services
7.1.3 Financials
7.1.4 Recent Developments
7.2 Amica Wronki S.A.
7.2.1 Overview
7.2.2 Products and Services
7.2.3 Financials
7.2.4 Recent Developments
7.3 Whirlpool
7.3.1 Overview
7.3.2 Products and Services
7.3.3 Financials
7.3.4 Recent Developments
7.4 Konka Group Co. Ltd
7.4.1 Overview
7.4.2 Products and Services
7.4.3 Financials
7.4.4 Recent Developments
7.5 Arcelik A.S
7.5.1 Overview
7.5.2 Products and Services
7.5.3 Financials
7.5.4 Recent Developments
7.6 BSH Hausgerate GmbH
7.6.1 Overview
7.6.2 Products and Services
7.6.3 Financials
7.6.4 Recent Developments
7.7 Dongbu Daewoo Electronics
7.7.1 Overview
7.7.2 Products and Services
7.7.3 Financials
7.7.4 Recent Developments
7.8 Gorenje Group
7.8.1 Overview
7.8.2 Products and Services
7.8.3 Financials
7.8.4 Recent Developments
7.9 Defy Appliances (Pty) Ltd
7.9.1 Overview
7.9.2 Products and Services
7.9.3 Financials
7.9.4 Recent Developments
7.10 Candy Group
7.10.1 Overview
7.10.2 Products and Services
7.10.3 Financials
7.10.4 Recent Developments
7.11 Electrolux AB
7.11.1 Overview
7.11.2 Products and Services
7.11.3 Financials
7.11.4 Recent Developments
7.12 LG Electronics
7.12.1 Overview
7.12.2 Products and Services
7.12.3 Financials
7.12.4 Recent Developments
7.13 Godrej Group
7.13.1 Overview
7.13.2 Products and Services
7.13.3 Financials
7.13.4 Recent Developments
7.14 Miele & Cie KG
7.14.1 Overview
7.14.2 Products and Services
7.14.3 Financials
7.14.4 Recent Developments
7.15 Fagor Electrodomesticos
7.15.1 Overview
7.15.2 Products and Services
7.15.3 Financials
7.15.4 Recent Developments
7.16 Middleby Corporation
7.16.1 Overview
7.16.2 Products and Services
7.16.3 Financials
7.16.4 Recent Developments
7.17 Panasonic Corporation
7.17.1 Overview
7.17.2 Products and Services
7.17.3 Financials
7.17.4 Recent Developments
7.18 Samsung Electronics
7.18.1 Overview
7.18.2 Products and Services
7.18.3 Financials
7.18.4 Recent Developments
7.19 Viking Range, LLC
7.19.1 Overview
7.19.2 Products and Services
7.19.3 Financials
7.19.4 Recent Developments
7.20 Tatung Company
7.20.1 Overview
7.20.2 Products and Services
7.20.3 Financials
7.20.4 Recent Developments
8. Investment Analysis
8.1 Recent Mergers and Acquisitions
8.2 Investment Scenario and Opportunities
9. Future of Home Appliances Market
10. Appendix
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
Note: Product cover images may vary from those shown
Adroll
adroll