Household appliance manufacturing industry consists of establishments engaged in manufacturing of appliances used for various purposes at home such as household-type small electric appliances, electric and non-electric cooking appliances, refrigerators and home freezers, laundry equipment and other major household appliances.
The top five companies covered are Samsung Electronics, Panasonic Corporation, Whirlpool Corp, Bosch Gmbh and LG Electronics Inc. Samsung Electronics Co. Ltd was the largest company in the household appliances manufacturing market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Household Appliances Manufacturing Global Market Size
The global household appliances manufacturing market was valued at above $393 billion in 2017. Asia Pacific was the largest region in the household appliances manufacturing market in 2017, accounting for above 52% market share. China was the largest country in the market in 2017, accounting for around 40% market share.
Household Appliances Manufacturing Global Market Trend
The household appliance manufacturers are integrating their products with the IoT technology to make customers lives comfortable and convenient. Internet of Things technology is the interconnectivity of physical objects and devices that are integrated with sensors and software that allow them to exchange and collect data. Major technologies enabling smart household appliances include Wi-Fi, Bluetooth Low Energy, micro server and micro-electromechanical systems.
Household Appliances Manufacturing Global Market Segmentation
The household appliances manufacturing market is segmented into Small Electrical Appliance Manufacturing, Household Cooking Appliance Manufacturing, Household Refrigerator And Home Freezer Manufacturing, Household Laundry Equipment, and Other Major Household Appliances.
Small Electrical Appliance Manufacturing segment comprises establishments manufacturing small electric appliances and electric housewares, household-type fans (except attic fans), household-type vacuum cleaners, and other electric household-type floor care machines.
Household Cooking Appliance Manufacturing includes establishments manufacturing household-type electric and nonelectric cooking equipment.
Household Refrigerator And Home Freezer Manufacturing comprises establishments manufacturing household-type refrigerators and upright and chest freezers.
Household Laundry Equipment include establishments manufacturing household-type laundry equipment.
Other Major Household Appliances segment comprises establishments manufacturing electric and non-electric house hold type appliances except small electric appliances, cooking appliances, home freezers and home laundry equipment.