Report Ocean released a new investigative report on the US major home appliance market The research offers crucial details about growth plans, business opportunities, trends, innovations, competitive environment in 2021 and a geographical perspective that considers North America, Europe, Asia- Pacific, Latin America, Middle East and Africa. .
According to Ocean Report. In 2019, the US Major Appliances market was estimated at 49 million units and is expected to reach 56 million units in 2026 with a growth rate of 2.9% over this period.
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Market growth is influenced by various determinants consisting of drivers, trends, challenges, opportunities, and restraints. A market research report titled ‘US Major Household Appliances Market’ is compiled by Report Ocean and consists of detailed market analysis based on various segmentations, profiling of key players and many more. The market study offers an in-depth regional analysis over the forecast period along with the competitive landscape of current market scenarios. Major regions analyzed in the study include Americas, Europe, Middle East & Africa and Asia-Pacific.
This industry report offers US market estimates and forecasts, followed by detailed product type analysis. US major appliances market data can be segmented by product: dryers, dishwashers, freezers, major cooking appliances, refrigerators and washing machines. The refrigerator segment held the largest market share in 2019. However, the dishwasher segment is expected to witness the highest CAGR during the forecast period. The major appliance market is further segmented by type: new sales and replacement sales. In 2019, the replacement sales segment held the largest market share and is expected to register the highest CAGR in 20202026.
The study provides historical market data (2016-2019) and forecast from 2020 to 2026. Market size and estimates are provided in terms of volume (million units) considering 2019 as the base year and market forecast will be given from 2020 to 2026.
The data-centric report focuses on market trends, segment status and prospects, and future growth. With comprehensive market coverage across different market segments, the report is a valuable asset for existing players, new entrants and future investors.
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The competitive landscape of the US Major Appliances Market has been analyzed considering various parameters: FNPV positioning matrix, market vendor ranking analysis, competitive news feed analysis – which is to cover various market strategies adopted by market players to be competitive, these strategies are mergers and acquisitions, new product launches, business expansions, partnerships, agreements and collaborations.
The market forecasts in the report are based on a market model derived from the connectivity, dynamics and identified factors of the market. These assumptions are informed on the basis of facts from reliable sources. Sources were searched using primary and secondary instruments and regression analysis.
Why buy this report?
Get a detailed picture of the US Major Appliances Market
Identify segments/areas to invest in during the forecast period in the US Major Appliances Market
Understand the competitive environment, major market players
Main advantages of this market study:
- Sector Drivers, Constraints and Opportunities Covered in the Study
- Neutral outlook on market performance
- Recent industry trends and developments
- Competitive landscape and strategies of key players
- Potential and Niche Segments and Regions Showing Promising Growth Covered
- Historical, current and projected market size, in terms of value
- In-depth market analysis
- Overview of the regional outlook of the Market
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