The North American consumer appliances market is anticipated to grow at a CAGR of 5.3% during the forecast period (2020-2026). The companies working in the North American region are considerably investing in manufacturing, re-engineering, and new product architectures. The companies are also focusing on the kitchen-related appliance owing to the presence of a huge number of potential customers with high disposable income across the region.
Additionally, the companies in the region are also efficiently performing new product launches, which in turn, is driving the demand for consumer appliances. For instance, in May 2019, GE Appliance added hot air frying mode to its CAFÉ and GE Profile lines of built-in wall ovens. This will provide its consumers with a convenient, clutter-free option for healthier eating as per the trend of healthy eating across the region.
Browse the full report description of "North America Consumer Appliances Market Size, Share & Trends Analysis Report by Product Type (Air Solution, Entertainment, Laundry & Cleanliness, Connectivity, Water Solution, Kitchen Appliances, Grooming Accessories, Wearables, and Other Consumer Appliances), By Usage (Personal Care/Individual and Domestic Use), By Distribution Channel (Online and Offline), Forecast Period 2020-2026" at https://www.omrglobal.com/industry-reports/north-america-consumer-appliances-market
Additionally, the trend of eco-friendly consumer appliances is gaining considerable popularity across the region. Companies such as Bosch appliances are following the trend and going green starting from their manufacturing process to implementing green technologies in appliances. As per the company, around 40% of its patent applications are related to environmental protection and the careful use of resources. This eco-friendly consumer appliance trend is expected to drive the consumer appliance industry across the region.
Market Coverage
o By Product Type
o By Usage
o By Distribution Channel
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
North American Consumer Appliances Market Report Segment
By Product Type
o HVAC System
o Air Purifier
o Air Cooler
o Fans and Exhaust Fans
o Television
o Speaker, Smart Speaker & Radio
o Gaming Console
o Digital Camera
o Washing Machine & Dryers
o Dishwasher
o Vacuum Cleaner
o Smartphone
o Tablets
o Desktop & Laptop (& Accessories)
o Water Purifier
o Water Geyser
o Water Pump
o Refrigerators
o Microwave
o Mixer & Juicer
o Stove & Hobs
o Other
By Usage
By Distribution Channel
North American Consumer Appliances Market Report Segment Geography
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