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Published: Mar, 2018 | Pages:
81 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)
The U.S. household appliances market is forecasted to reach USD 59.76 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to grow owing to the increased technological advancements in the appliances including water heaters, dishwashers, refrigerators, cooktops, cooking ranges, microwaves, ovens, vacuum cleaners, mixers, grinders, food processors, washing machines, air conditioners, and heaters. The companies in the U.S. household appliances market are investing heavily in designing innovative and user-friendly products to cater the consumer better and gain a larger market share in an extremely competitive market scenario. The companies focus on integrating the Internet of Things (IoT) platform with the products that enable the users to control and monitor the household appliances through mobile applications. For instance, in December 2017, LG Electronics Inc. announced its plan to create ThinQ which will use artificial intelligence (AI) in all its household devices. LG ThinQ products will be competent to use deep learning and communicate with the users. Further, LG Electronics Inc. announced the launch of its smart air purifier for homes. LG PuriCare comprises fine dust sensors, voice recognition, and DeepThinQ technology for cleaner air. The company has also integrated Near Field Communication (NFC) tagging technology with their appliances, which is a set of standards to establish radio communication for smart phones with other devices. Using this technology, the user can download and control the washing machine programs such as cold wash, baby care, and wool through their smart phones. The company developed TrueSteam technology for washing machines which enables steam softener, steam fresh, and allergy care features. This technology reduces water consumption and helps to eliminate allergens and sterilizes bacteria. Further key findings from the report suggest: • By product type, the cooktop, cooking range, microwave, and oven segment is expected to account for the largest revenue share by 2025, registering an estimated CAGR of around 3% over the forecast period. • By 2025, the brick & mortar distribution channel is projected to account for around 86% of the total market revenue share. • By distribution channel the e-commerce segment is expected to grow substantially at a higher CAGR of around 9% over the forecast period. • The dishwasher segment in the U.S. was valued at around USD 4.30 billion in 2016. • The mixer, grinder, & food processor segment by product type is anticipated to witness the highest CAGR over the forecast period. • Other major players in the U.S. household appliances market include Electrolux, Frigidaire, Philips Electronics, and SMEG.
Table of Contents
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
Chapter 3 Market Snapshot
3.1 U.S. Household Appliances Market- Industry Snapshot & Key Buying Criteria, 2015-2025
Chapter 4 Industry Outlook
4.1 Market Segmentation & Scope
4.2 U.S. Household Appliances Market- Value Chain Analysis
4.3 Market Dynamics
4.3.1 Market driver analysis
4.3.1.1 Technological advancement
4.3.1.2 Growing popularity of induction cooking technology in the wake of rising fuel prices
4.3.2 Market restraint analysis
4.3.2.1 Growing number of single professionals/students
4.4 Key Opportunities - Prioritized
4.5 Key Company Analysis, 2016
4.6 Industry Analysis - Porter's
4.7 U.S. Household Appliances Market- PEST Analysis
Chapter 5 Market Categorization 1: Type Estimates & Trend Analysis
5.1 U.S. Household Appliances Market Estimates By Product Type: Key Takeaway, 2014 - 2025
5.2 U.S. Household Appliances Market: Product Type Analysis
5.2.1 Water heater (boiler/geyser)
5.2.1.1 Market estimates & forecasts, 2014 - 2025 (USD Billion)
5.2.2 Dishwasher
5.2.2.1 Market estimates & forecasts, 2014 - 2025 (USD Billion)
5.2.3 Refrigerator
5.2.3.1 Market estimates & forecasts, 2014 - 2025 (USD Billion)
5.2.4 Cooktop, cooking range, microwave, and oven
5.2.4.1 Market estimates & forecasts, 2014 - 2025 (USD Billion)
5.2.5 Vacuum cleaner
5.2.5.1 Market estimates & forecasts, 2014 - 2025 (USD Billion)
5.2.6 Mixer, grinder, and food processor
5.2.6.1 Market estimates & forecasts, 2014 - 2025 (USD Billion)
5.2.7 Washing machine
5.2.7.1 Market estimates & forecasts, 2014 - 2025 (USD Billion)
5.2.8 Air conditioner
5.2.8.1 Market estimates & forecasts, 2014 - 2025 (USD Billion)
Chapter 6 Market Categorization 2: Distribution Channel Type Estimates & Trend Analysis
6.1 U.S. Household Appliances Market Estimates By Distribution Channel: Key Takeaway, 2014 - 2025
6.2 U.S. Household Appliances Market: Distribution Channel Type Analysis
6.2.1 Brick & Mortar
6.2.1.1 Market estimates & forecasts, 2014 - 2025 (USD Billion)
6.2.2 E-commerce
6.2.2.1 Market estimates & forecasts, 2014 - 2025 (USD Billion)
Chapter 7 Competitive Landscape
7.1 Dongbu Daewoo Electronics
7.1.1 Company overview
7.1.2 Financial performance
7.1.3 Product benchmarking
7.1.4 Recent developments
7.2 Electrolux
7.2.1 Company overview
7.2.2 Financial performance
7.2.3 Product benchmarking
7.2.4 Recent developments
7.3 Fisher & Paykel Appliances Holdings Ltd.
7.3.1 Company overview
7.3.2 Financial performance
7.3.3 Product benchmarking
7.3.4 Recent developments
7.4 Frigidaire
7.4.1 Company overview
7.4.2 Financial performance
7.4.3 Product benchmarking
7.4.4 Recent developments
7.5 GE Appliances
7.5.1 Company overview
7.5.2 Financial performance
7.5.3 Product benchmarking
7.5.4 Recent developments
7.6 Haier Group Corporation
7.6.1 Company overview
7.6.2 Financial performance
7.6.3 Product benchmarking
7.6.4 Recent developments
7.7 LG Electronics
7.7.1 Company overview
7.7.2 Financial performance
7.7.3 Product benchmarking
7.7.4 Recent developments
7.8 Panasonic Corporation
7.8.1 Company overview
7.8.2 Financial performance
7.8.3 Product benchmarking
7.8.4 Recent developments
7.9 Philips Electronics
7.9.1 Company overview
7.9.2 Financial performance
7.9.3 Product benchmarking
7.9.4 Recent developments
7.10 Robert Bosch GmbH
7.10.1 Company overview
7.10.2 Financial performance
7.10.3 Product benchmarking
7.10.4 Recent developments
7.11 SAMSUNG
7.11.1 Company overview
7.11.2 Financial performance
7.11.3 Product benchmarking
7.11.4 Recent developments
7.12 SMEG
7.12.1 Company overview
7.12.2 Financial performance
7.12.3 Product benchmarking
7.12.4 Recent developments
7.13 Whirlpool Corporation
7.13.1 Company overview
7.13.2 Financial performance
7.13.3 Product benchmarking
7.13.4 Recent developments
List of Tables TABLE 1 U.S. household appliances market- industry snapshot & key buying criteria, 2016-2025 TABLE 2 U.S. household appliances market, 2014 - 2025 (USD Billion) TABLE 3 U.S. household appliances market estimates and forecasts by type, 2014 - 2025 (USD Billion) TABLE 4 U.S. household appliances market estimates and forecasts by distribution channel, 2014 - 2025 (USD Billion) TABLE 5 U.S. household appliances market- key market driver impact TABLE 6 U.S. household appliances- key market restraint impact List of Figures FIG. 1 Market segmentation & scope FIG. 2 U.S. household appliances market - Value chain analysis FIG. 3 U.S. household appliances market dynamics FIG. 4 Key opportunities prioritized FIG. 5 U.S. household appliances porter's five forces analysis FIG. 6 U.S. household appliances market - PEST analysis FIG. 7 U.S. household appliances market - type outlook key takeaways FIG. 8 U.S. household appliances market: type movement analysis FIG. 9 Water heater market, 2014 - 2025 (USD Billion) FIG. 10 Dishwasher market, 2014 - 2025 (USD Billion) FIG. 11 Refrigerator market, 2014 - 2025 (USD Billion) FIG. 12 Cooktop, cooking range, microwave, and oven market, 2014 - 2025 (USD Billion) FIG. 13 Vacuum cleaner market, 2014 - 2025 (USD Billion) FIG. 14 Mixer, grinder, and food processor market, 2014 - 2025 (USD Billion) FIG. 15 Washing machine market, 2014 - 2025 (USD Billion) FIG. 16 Air conditioner market, 2014 - 2025 (USD Billion) FIG. 17 U.S. household appliances market- distribution channel outlook key takeaways FIG. 18 U.S. household appliances market: distribution channel type movement analysis FIG. 19 Brick & mortar market, 2014 - 2025 (USD Billion) FIG. 20 E-commerce market, 2014 - 2025 (USD Billion)
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