Market Research Report
Global Household Appliance Market 2020-2024
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||962660|
|Published||Content info||120 Pages
Delivery time: 1-2 business days
|Global Household Appliance Market 2020-2024|
|Published: August 28, 2020||Content info: 120 Pages||
Technavio has been monitoring the household appliance market and it is poised to grow by $ 21.76 bn during 2020-2024 progressing at a CAGR of 1% during the forecast period. Our reports on household appliance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the product innovation and advancement and rise in discretionary income of consumers. In addition, product innovation and advancement is anticipated to boost the growth of the market as well.
The household appliance market analysis includes product segment, distribution channel segment and geographical landscapes
Technavio's ‘household appliance market ’ is segmented as below:
By Distribution Channel:
By Geographic Landscape:
This study identifies the increased adoption of integrated smart home technology as one of the prime reasons driving the household appliance market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our household appliance market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading household appliance market vendors that include AB Electrolux, Haier Smart Home Co. Ltd., Hitachi Ltd., LG Electronics Inc., Midea Group Co. Ltd., Panasonic Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Transform SR Brands LLC, and Whirlpool Corp.. Also, the household appliance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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 an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.