The European appliances market is frag - mented and characterized by widely varying consumer patterns between countries and a large number of manufacturers, brands and retailers. LONDON-- (BUSINESS WIRE)--The global household appliance market size is expected to grow by USD 21.76 billion during 2020-2024. The U.S. household appliances market is forecasted to reach USD 59.76 billion by 2025, according to a new report by Grand View Research, Inc. Revenue in the Household Appliances segment is projected to reach US$122,055m in 2020. Present time homeowners are becoming more depended on appliances to provide them with comfort and the things in life. Both upstream and downstream of the entire supply chain has been accounted for while doing this. The research includes historic data from 2015 to 2020 and forecasts until 2030 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. -Suitable for supporting your internal and external presentations with reliable high quality data and analysis. Trends are also elaborated to understand the uptrend and downtrend of the existing market over specified durations. LED lights require lesser wattage as compared to CFL or incandescent light bulbs due to which many kitchen designers suggest the use of LED lighting. The company has introduced products such as cafs French door refrigerators and profile wall ovens with this lighting. This independent 300 pages report guarantees you will remain better informed than your competition. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. This report encircles the different market scenarios, ranging from current situation to the market conditions in the offing. Household Appliances Market Analysis by Application. It is the job of the appliance repair technician to be certain that. With this report, the key growth indicators are also highlighted. © 2004 - 2020 openPR. Global Home Appliances Market - Segmented By Product, Distribution Channel, and Geography - Growth, Trends and Forecast (2019 - 2024) : March 2019 $ 4250 Household Appliances Markets in China : March 2020 $ 4000 Latin America Slide Rails Market for Home Appliances by Product Type, and End-User : Opportunity Analysis and Industry Forecast, 2020–2027 Household Appliances Market -Manufacturers Analysis. In 2017, it reached its peak with the market size of 69.7 billion RMB and the growth rate was 11.2%. This report encircles the different market scenarios, ranging from current situation to the market conditions in the offing. Manufacturers are investing heavily in R&D for disruptive innovation, innovating on the size of products, further increasing the number of value-added services of the products. Africa was the smallest region in the global household appliances market. Get up to speed on any industry with comprehensive intelligence that is easy to read. This report encircles the different market scenarios, ranging from current situation to the market conditions in the offing. -Create regional and country strategies on the basis of local data and analysis. Other companies can fix older appliances but are not affordable. Furthermore, the report provides a detailed analysis of the global Household Appliances market with analysis of market size by value and volume. Western Europe was the second largest region accounting for 19% of the global household appliances market. US Home Service Market Dynamics, Trends, Revenue, Regional Segmented, Outlook & …, The report titled ‘ US Home Service Market Report,’ published by Verified Market Research, points towards the core features of the market under investigation. The report on Home Appliance Market offers in-depth analysis on market trends, drivers, restraints, opportunities etc. The growing popularity of induction cooking technology in the wake of rising fuel prices and the changing lifestyle of consumers with increasing number of nuclear families has increased the dependence of users on the household devices and hence is expected to significantly drive the home appliances market. All rights reserved. -Understand customers based on the latest market research findings. Household Appliances Market Sales Analysis by Region. 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