Electrical Appliances Market – Overview
Electrical appliances are defined as devices which use electricity to perform specific functions. A wide range of such appliances is available from refrigerators, wine-coolers, washing machines, tumble dryers, vacuum cleaners, steam mops, shavers, trimmers, and water heaters to air conditioners, air coolers, heaters, fans, rice cookers, bread makers, toasters, irons, and juicers. Also, many companies across the world manufacture and sell such appliances, providing customers with a large range of options. The global electrical appliances market is expected to register a medium rate of growth during the forecast period. However, this growth rate will be spread unevenly across the different regions of the world. The developing region of Asia Pacific is expected to witness a higher growth rate, followed by North America, whereas Europe is expected to witness slower growth rate during the same period.
This report analyzes and forecasts the market for electrical appliances at the global and regional level. The market has been forecast based on units (Mn) and revenue (US$ Mn) from 2017 to 2025. The study includes drivers and restraints of the global electrical appliances market. It also covers the impact of these drivers and restraints on demand for electrical appliances during the forecast period. The report also highlights the opportunities in the electrical appliances market at the global and regional level.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global electrical appliances market. Porter’s Five Forces model for the electrical appliances market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein applications are benchmarked based on their market size, growth rate, and general attractiveness.
Electrical Appliances Market – Scope of Study
The study provides a decisive view of the global electrical appliances market by segmenting it in terms of product and region. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for electrical appliances in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The report also covers demand for individual product segments in all the regions.
The study includes profiles of major companies operating in the global electrical appliances market. Key players in the electrical appliances market include Haier Group, BSH Bosh & Siemens, Midea Group, Whirlpool Corporation, AB Electrolux, Gree Electric Appliances Inc., Koninklijke Philips N.V., LG Electronics, Panasonic Corporation, Hitachi Ltd., Glen Dimplex Group and others. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
The report provides the estimated market size of electrical appliances for 2016 and forecast for the next nine years. The global market size of electrical appliances has been provided in terms of revenue and volume. Market numbers have been estimated based on key product types and regions of the electrical appliances market. Market size and forecast for each major product type has been provided in terms of global and regional/country markets.
Key Takeaways of the Study
The global electrical appliances market has been segmented as follows:
Electrical Appliance Market: By Product
Electrical Appliance Market: Regional Analysis
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