Press release
Global inverter technology refrigerators market to grow at a CAGR of 11.44% during the period 2016-2020
Vary the speed of the motor so as to control the cooling capacity as per requirement
Save more electricity (around 30%-50%) than conventional refrigerators available in the market
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Technavios analysts forecast the global inverter technology refrigerators market to grow at a CAGR of 11.44% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global inverter technology refrigerators market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail outlets.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
MEA
Technavio's report, Global Inverter Technology Refrigerators Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Hitachi
LG Electronics
Panasonic
Samsung Electronics
Other prominent vendors
Arelik
Godrej
Haier
Hisense
Midea
Mitsubishi Electric
Robert Bosch
Toshiba
Whirlpool
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Market driver
Energy savings with electronic variable speed drive motor
For a full, detailed list, view our report
Market challenge
Small market for inverter technology refrigerators in Europe and the US
For a full, detailed list, view our report
Market trend
Value added features to justify high cost of inverter refrigerators
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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