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Household Refrigerators and Freezers Market |Electrolux, Samsung, Whirlpool, Haier and LG, General Electric, Bosch, Panasonic, Frigidaire, AB Electrolux, Aucma Company Ltd., General Electric, Frigidaire
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Additionally, compressor less refrigerator and freezers is one of the notable technological innovations, which will become a significant growth factor in the household refrigerators and freezers industry. An average refrigerator consumes 13.7% of the home energy which is the second highest usage rate after the air conditioner. Newly launched products having ENERGY STAR label are being incorporated at a rapid rate worldwide.
Players competing in the household refrigerators and freezers market includes
1. Whirlpool, LG
2. Haier
3. Electrolux
4. Samsung
5. General Electric
6. Panasonic
7. Bosch
8. Frigidaire.
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Top mounted freezer, French door bottom freezer, bottom mounted, and side-by-side are the prominent products of the household refrigerators and freezers market. Side-by-Side household refrigerators & freezers market will register a CAGR of 4% over the coming eight years, driven by the rising consumption of the frozen and fast foods across the urban regions. Moreover, enhanced life style, easy financing options, and incorporation of maintenance free compressors will boost the demand for the side-by-side refrigerator.
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