Electric Household Appliances Market Analysis Focusing on Top Key Players LG, Samsung, Electrolux, Whirlpool Corporation, AB Electrolux, Toshiba, Panasonic Corporation, V-Guard Samsung Electronics Co., Ltd., Haier Group

The Electric Household Appliances market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report LLC.

A highly acclaimed sub-vertical of the electronics & media business space, electric household appliances market has accrued commendable popularity in the last decade or so, primarily on account of the ever-increasing demand for washing machines, air conditioners, and myriad other household commodities. The demand for home appliances has steadily been increasing across numerous geographies, specifically in the Asia Pacific region, as has been observed since a few years back. Electric Household Appliances Market size is set to exceed USD 600 billion by 2024 according to a new research report. The global industry shipments are anticipated to cross 1 billion units by 2024.

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One of the most pivotal factors driving the growth of electric household appliance market across the Asia Pacific belt is quite overtly, the rising consumer disposable incomes in conjunction with the subsequent increase in affordability and a massive change in lifestyle patterns. Countries such as India and China especially, have remained at the forefront as far as the expansion of electric household appliances industry in APAC is concerned.

Rapid industrialization, technological advancements, and reducing prices of the air conditioners are anticipated to spur the room air conditioner market size. Split ACs will witness a significant demand due to the ease-of-installation, higher energy efficiency, and varying building infrastructures.

It is expected that the online sales of air conditioners will show a rapid growth in the coming years as consumers are feeling comfortable purchasing branded appliances online. In addition, improvements in after-sales services have provided an impetus to the electric household appliances market growth. Manufacturers are working with several other companies to ensure timely delivery and installation after the online sales of the product.

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With a rise in environmental and social consciousness, many consumers are looking for steps to diminish the impact on the atmosphere. Driven by the desire to contribute toward the environmental ecosystem, consumers are seeking products, which are energy-efficient and cost-effective, thereby driving the electric household appliances market.

The key players operating in the electric household appliances market are AB Electrolux, Toshiba, Panasonic Corporation, Haier Group, V-Guard Samsung Electronics Co., Ltd., Whirlpool Corporation, etc. The industry is demanding modernization with manufacturers focusing on developing smart and autonomous equipment by integrating machine programming concepts, intelligent electronic control, and sensors.

Table of Contents
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definition and forecast parameters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Electric household appliances industry 360 degree synopsis, 2013 - 2024
2.1.1 Regional trends
2.1.2 Product trends
Chapter 3 Electric Household Appliances Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 - 2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
3.3.3 Policies affecting the ecosystem
3.4 Raw material trends
3.4.1 Stainless steel
3.4.2 Plastics
3.4.3 Aluminum
3.5 Pricing trends
3.5.1 North America
3.5.2 Europe
3.5.3 Asia Pacific
3.5.4 Latin America
3.5.5 Middle East & Africa
3.6 Technological & innovation landscape
3.7 Regulatory landscape
3.7.1.1 Consumer Product Safety Act
3.7.1.2 Federal Hazardous Substances Act (FHSA)
3.7.2.1 EMC Directive
3.7.2.2 Ecodesign Directive
3.7.2.3 EU 517/2014
3.7.3.1 Electricity act of 1994
3.7.3.2 Waste Electrical and Electronic Equipment Directive (2002/96/EC)
3.8 Industry impact forces
3.8.1 Growth drivers
3.8.1.1 Rise in disposable incomes and growth of organized retail sector
3.8.1.2 Technological advancements
3.8.1.3 Advertising and promotions by players
3.8.1.4 Energy efficiency measures in North America
3.8.1.5 Replacement of obsolete products and government initiatives in Europe
3.8.1.6 Need for modernized appliances across APAC
3.8.1.7 Rising disposable income levels in Latin America
3.8.2 Industry pitfalls and challenges
3.8.2.1 High unemployment rates
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 Competitive landscape, 2016
3.11.1 Strategy dashboard
3.11.2 Emerging business models
3.12 PESTEL analysis
Chapter 4 Electric Household Appliances Market, By Product
4.1 Electrical household appliances market share by product, 2016 & 2024

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