The US consumer appliances market is anticipated to grow at a CAGR of 5.1% during the forecast period. The market is majorly driven by the high disposable income of the people across the country which enables them to spend heavily on updating their appliances with the introduction of new technology in the market. Additionally, the trend of eco-friendly consumer appliances is gaining considerable popularity in the country which in turn will influence the growth of the market. For instance, companies such as Bosch appliances are implementing green technologies in appliances. As per the company, around 40% of its patent application is related to environmental protection and the careful use of resources.

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The US consumer appliances market is segmented based on product type, usage, and distribution channels. Based on the product type, the market is segmented into air solutions, entertainment, laundry & cleanliness, connectivity, water solution, kitchen appliances, grooming accessories, wearables, and other consumer appliances. Based on the usage, the market is sub-segmented into personal care/individual and domestic use. Based on the distribution channel, the market is sub-segmented into online distribution channels and offline distribution channels.

Some of the key players of the US consumer appliances market include Apple Inc., Samsung Electronics Co. Ltd., General Electric Co., Robert Bosch GmbH, Whirlpool Corp., Electrolux AB, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, & acquisitions, new product launches, and funding, to stay competitive in the market. For instance, in May 2019, GE Appliance announced the addition of hot air frying mode to the company’s lines of built-in wall ovens. This will provide consumers with a convenient, clutter-free option for healthier eating. 

Research Methodology

The market study of the US consumer appliances market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts as to bring more authenticity to the reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for consumer appliances suppliers and manufacturers, retail companies, government, venture capitalists, seed funders, start-ups, and other related organizations for overall market analysis and competitive analysis. The market covers all the consumer appliances used in the household whose power source is electricity. Moreover, the product used in commercial activities is excluded from the market. Besides, the report can be customized as per the requirements. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. US Consumer Appliances Market Research and Analysis by Product Type
2. US Consumer Appliances Market Research and Analysis by Usage
3. US Consumer Appliances Market Research and Analysis by Distribution Channel

The Report Covers

• Comprehensive research methodology of the US consumer appliances market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US consumer appliances market.
• Insights about market determinants that are stimulating the US consumer appliances market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.