Home appliance

Major Home Appliances Market size to increase by USD 85.39 billion between 2023 to 2028| The rise in discretionary income of consumers drives the market growth - Technavio

Retrieved on: 
Wednesday, December 6, 2023
Online, Supermarket, Urbanization, Samsung Electronics, Heat, USD, Cooking, Growth, Home appliance, Electric battery, Consumer electronics, Geography

The market size is projected to grow by USD 85.39 billion, accelerating at a CAGR of 4.2%, during the forecast period.

Key Points: 
  • The market size is projected to grow by USD 85.39 billion, accelerating at a CAGR of 4.2%, during the forecast period.
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    The global major home appliances market is experiencing growth mainly due to consumers having more discretionary income.
  • Receive our market sample report now to gain access to detailed analysis on the major home appliances market.
  • Smart Home Appliances Market: The smart home appliances market is estimated to grow at a CAGR of 14.45% between 2022 and 2027.

Gourmia Adds New Stainless Steel Digital Toaster Oven Air Fryer Exclusively at Walmart

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Wednesday, December 6, 2023
Happiness, ETL, Seafood, Grilling, Friends, Snack, Vegetable, Walmart, AND, Temperature, Atmosphere, Heat, Home appliance, Baking

BROOKLYN, N.Y., Dec. 6, 2023 /PRNewswire/ -- Gourmia®, a designer and manufacturer of innovative kitchen electrics, announced it has added a stainless steel 6-slice digital toaster oven air fryer to its ever-expanding air-fryer product line. The GTF2440 has 19 one-touch presets and includes Gourmia's proprietary FryForce 360° Technology™. It offers a trifecta of happiness for users, combining the convenience of a toaster oven with the amazing capabilities of an air fryer, AND, most importantly, it is affordable at $89 online and in-store exclusively at Walmart. 

Key Points: 
  • BROOKLYN, N.Y., Dec. 6, 2023 /PRNewswire/ -- Gourmia®, a designer and manufacturer of innovative kitchen electrics, announced it has added a stainless steel 6-slice digital toaster oven air fryer to its ever-expanding air-fryer product line.
  • It offers a trifecta of happiness for users, combining the convenience of a toaster oven with the amazing capabilities of an air fryer, AND, most importantly, it is affordable at $89 online and in-store exclusively at Walmart .
  • "Gourmia is America's #1 air fryer brand*, and we achieved this by providing consumers the tools they need to make delicious meals at home!"
  • "Our new toaster oven air fryer fulfills our mission, boasting a stainless-steel exterior and 19 one-touch cooking presets so users can quickly and easily make healthy meals at home.

Household Appliance Market to grow by USD 120.36 billion from 2022 to 2027, market is fragmented due to the presence of prominent companies like AB Electrolux, Breville USA Inc. and Dyson Ltd., and many more - Technavio

Retrieved on: 
Friday, November 24, 2023
Midea Group, Electronics, Dyson (company), Electrolux, Miele, Whirlpool Corporation, Hitachi, Urbanization, Robert Bosch GmbH, USD, City, Heat, Growth, Groupe SEB, Geography, Music, Home appliance

The household appliance market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The household appliance market is fragmented owing to the presence of many global and regional companies.
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    AB Electrolux - The company offers household kitchen appliances that are designed to be used for domestic applications.
  • Breville USA Inc. - The company offers smart oven air fryer pro which is designed to cook frozen products.
  • The hot and cold water dispensers market size is estimated to grow by USD 1,200.03 million at a CAGR of 7.65% between 2022 and 2027.

LG ELECTRONICS ANNOUNCES ORGANIZATIONAL RESTRUCTURING FOR FUTURE GROWTH

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Friday, November 24, 2023
Online, Ventilation, B2B, Engineering, Electronics, OBS, LG, Air conditioning, WebOS, OLED, Marketing, Home entertainment, Extended reality, Future, Home appliance, Home, Heat, Direct, Business analyst, Growth, LG Electronics, Vehicle, HVAC, Management, Airline

SEOUL, South Korea, Nov. 24, 2023 /PRNewswire/ -- LG Electronics (LG) today announced organizational changes to take another leap forward towards achieving the Future Vision 2030 announced in July. The changes are being implemented to strengthen organizational capabilities and business competitiveness to realize the vision of transforming into a Smart Life Solution Company that connects and expands various spaces and experiences of customers beyond home appliances.

Key Points: 
  • SEOUL, South Korea, Nov. 24, 2023 /PRNewswire/ -- LG Electronics (LG) today announced organizational changes to take another leap forward towards achieving the Future Vision 2030 announced in July.
  • A key piece of the forward-thinking strategy is the newly-established Overseas Sales and Marketing Company, which will report directly to LG CEO William Cho.
  • The company will be led by Thomas Yoon, who previously served as the president and CEO of LG Electronics North America.
  • The current B2B India Business Department will be upgraded into the B2B India Business Division to maintain continuous growth in the country.

LG ELECTRONICS ANNOUNCES ORGANIZATIONAL RESTRUCTURING FOR FUTURE GROWTH

Retrieved on: 
Friday, November 24, 2023
Online, Ventilation, B2B, Engineering, Electronics, OBS, LG, Air conditioning, WebOS, OLED, Marketing, Home entertainment, Extended reality, Future, Home appliance, Home, Heat, Direct, Business analyst, Growth, LG Electronics, Vehicle, HVAC, Management, Airline

SEOUL, South Korea, Nov. 23, 2023 /PRNewswire/ -- LG Electronics (LG) today announced organizational changes to take another leap forward towards achieving the Future Vision 2030 announced in July. The changes are being implemented to strengthen organizational capabilities and business competitiveness to realize the vision of transforming into a Smart Life Solution Company that connects and expands various spaces and experiences of customers beyond home appliances.

Key Points: 
  • SEOUL, South Korea, Nov. 23, 2023 /PRNewswire/ -- LG Electronics (LG) today announced organizational changes to take another leap forward towards achieving the Future Vision 2030 announced in July.
  • A key piece of the forward-thinking strategy is the newly-established Overseas Sales and Marketing Company, which will report directly to LG CEO William Cho.
  • The company will be led by Thomas Yoon, who previously served as the president and CEO of LG Electronics North America.
  • The current B2B India Business Department will be upgraded into the B2B India Business Division to maintain continuous growth in the country.

Major Home Appliances Market size to grow by USD 89.95 billion from 2022 to 2027| The innovation and product launches to drive the market growth - Technavio

Retrieved on: 
Friday, November 24, 2023
Food preservation, USD, Growth, Home appliance, Consumer electronics

However, the fluctuations in raw material prices and operating costs will hamper the market growth.

Key Points: 
  • However, the fluctuations in raw material prices and operating costs will hamper the market growth.
  • Major Home Appliances Market 2023 – 2027: Market dynamics
    Rising demand for smart and connected appliances driven by consumer preference for simplified tasks drives growth in the major home appliances market.
  • Major Home Appliances Market 2023-2027: Key Highlights
    Smart Home Appliances Market: The smart home appliances market is estimated to grow at a CAGR of 14.45% between 2022 and 2027.
  • Smart Refrigerator Market : The smart refrigerator market size is estimated to grow at a CAGR of 15.1% between 2022 and 2027.

Global Built-in Kitchen Appliances Market Report 2023-2028 Featuring Industry Leaders - Electrolux, LG, BSH Hausgerate, Whirlpool, Panasonic, Samsung, Haier, Dimplex, Miele, and Hafele

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Monday, November 20, 2023
Dust, Market, Competition, Collection, Samsung Electronics, Ice, Whirlpool, JennAir, Conference, Hygiene, Microwave, Bespoke, Growth, Home appliance, Retail, Consumer electronics

The global built-in kitchen appliances market is anticipated to project robust growth in the forecast period on account of rising new product offerings by market players, increasing online presence of built-in kitchen appliances brands, etc.

Key Points: 
  • The global built-in kitchen appliances market is anticipated to project robust growth in the forecast period on account of rising new product offerings by market players, increasing online presence of built-in kitchen appliances brands, etc.
  • These factors are anticipated to further enhance the market growth of the built-in kitchen appliances market in the forecast period.
  • Such factors are projected to further expand the market growth of the built-in kitchen appliances market in the forecast period.
  • Company Profiles: Detailed analysis of the major companies present in the global built-in kitchen appliances market.

Maytag Debuts Good Looking, Hard Working Appliances with New Maytag® Performance Kitchen Lineup

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Monday, November 20, 2023
Collection, Cooking, Meat, Metal, Water, Stainless steel, Thought, Trust, Home appliance, Cabinetry, Baking, Maytag

BENTON HARBOR, Mich., Nov. 20, 2023 /PRNewswire/ -- Maytag brand introduced its Performance Lineup today, a new collection of large appliances and performance powerhouses in the kitchen. The lineup includes a large capacity cooling fridge, a range that simmers and sears with precision, a microwave that handles splatters and spills, and a dishwasher with serious cleaning strength.

Key Points: 
  • Maytag Performance Kitchen Lineup blends aesthetics and performance, backed by a 10-year limited part warranty.
  • BENTON HARBOR, Mich., Nov. 20, 2023 /PRNewswire/ -- Maytag brand introduced its Performance Lineup today, a new collection of large appliances and performance powerhouses in the kitchen.
  • From taking on mealtime with power and performance to tackling tough messes, Maytag gets the job done and gets it done right, because Maytag knows durability, functionality, and performance are non-negotiables when it comes to large kitchen appliances.
  • The Maytag® Performance Lineup brings the power to cooking, cleaning, and cooling in the kitchen.

United States Small Household Appliances Market Report 2023: Growing Trend of Single Living Spurs Demand for Time-Saving Appliances

Retrieved on: 
Saturday, November 18, 2023
Online, Vacuum cleaner, Aluminium, Kettle, Distribution, Internet of things, Electronics, Smeg, Market, Natural Resources, Spectrum Brands, Dyson (company), Personal care, Cooking, Database, Telephone numbers in Hungary, Steel, Single person, Intelligence, COVID-19, Humidifier, Newell Brands, Electrolux, Internet, Cloud computing, Toaster, Growth, Panasonic, Environment, Education, Whirlpool Corporation, Pet industry, Home appliance, Video game, Coffee, Coronavirus

The US small household appliances market is expected to reach US$27.17 billion in 2023, growing at a CAGR of 5.02% during the forecast period.

Key Points: 
  • The US small household appliances market is expected to reach US$27.17 billion in 2023, growing at a CAGR of 5.02% during the forecast period.
  • The US small household appliances market is fragmented with the presence of a large number of players majorly dominating worldwide.
  • Small kitchen appliances accounted for highest share in the US small household appliances market, due to rise in demand from consumers, surging urban population, growing number of single person household, rising urge of consumers to learn new cooking skills, paved favorable conditions for the growth of small kitchen appliances market.
  • By Distribution Channel: Further, the report splits the US small household appliances market into two distribution channel: Online and Other.

Environmental Sensor Market worth $3.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, November 17, 2023
Carbon, VOC, Climate change, Carbon dioxide, Investment, Ecosystem, Carbon monoxide, Home appliance, Oxygen, Region, Growth, Volatile organic compound, HVAC, Car, Raritan Inc., Internet of things, Headache, Communication, Nausea, Amphenol, Dizziness, Schneider Electric, UV, Honeywell, Weather, OTDR, Omron, MEMS, Image sensor, Research, Electronics, Tablet, Switch, Texas Instruments, Humidity, Biophysical environment, Pressure sensor, Ams-OSRAM, Consumer electronics, Hydrocarbon, Infrared, Geography, Application, Temperature, Thermistor, Motion, Pressure

By type, the gas/air quality segment is projected to grow at high CAGR of the environmental sensor market during the forecast period.

Key Points: 
  • By type, the gas/air quality segment is projected to grow at high CAGR of the environmental sensor market during the forecast period.
  • Consumer electronics segment is projected to grow at high CAGR of the environmental sensor market during the forecast period.
  • The consumer electronics segment is expected to grow at a high CAGR in the environmental sensor market during the forecast period.
  • Noth America is poised for significant growth in the environmental sensor market by 2028.