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The Global Major Home Appliances Market is forecast to grow by $89.95 bn during 2022-2027, accelerating at a CAGR of 4.9% during the forecast period
Global Major Home Appliances Market 2023-2027 The analyst has been monitoring the major home appliances market and is forecast to grow by $89. 95 bn during 2022-2027, accelerating at a CAGR of 4.
New York, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Major Home Appliances Market 2023-2027" - https://www.reportlinker.com/p06379421/?utm_source=GNW
9% during the forecast period. Our report on the major home appliances 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by innovation and product launches, increased disposable income, and the increasing number of strategic partnerships.
The major home appliances market is segmented as below:
By Product
• Refrigerators and freezers
• Washing and drying appliances
• Heating and cooling appliances
• Cooking appliances
By Distribution Channel
• Offline
• Online
By Geographical Landscape
• APAC
• Europe
• North America
• South America
• Middle East and Africa
This study identifies smart and connected appliances gaining traction as one of the prime reasons driving the major home appliances market growth during the next few years. Also, increased online penetration of appliances and the rise of multifunctional compact products will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters. Our report on the major home appliances market covers the following areas:
• Major home appliances market sizing
• Major home appliances market forecast
• Major home appliances market industry analysis
This 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 major home appliances market vendors that include AB Electrolux., Beko Plc, Frigidaire, Fujitsu General Ltd., General Electric Co., Glen Dimplex Europe Holdings Ltd., Good Air LLC, Haier Smart Home Co. Ltd., Hisense International Co. Ltd., Koc Holding AS, LG Electronics Inc., MIDEA Group, Miele and Cie. KG, MIRC Electronics Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Transform SR Holding Management LLC, and Whirlpool Corp. Also, the major home appliances market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage 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.
The analyst 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 accurate market growth.
Read the full report: https://www.reportlinker.com/p06379421/?utm_source=GNW
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