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North America Refrigerator Market Size, Competitive Analysis, Share, Forecast- 2020-2026

11-19-2020 07:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orian Reserach

North America Refrigerator Market

North America Refrigerator Market

The North America refrigerator market is anticipated to grow at a CAGR of 5.5% during the forecast period. The growth of the market is influenced by the increasing consumer demand for advanced and internet-connected household appliances. Additionally, the high disposable income coupled with the increasing replacement demands will also cater to the growth of the market. Moreover, the high consumption of frozen food including meat products are presenting new growth opportunities to the market in the region.

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The North America refrigerator market is segmented based on product type, application, and distribution channels. Based on the product type, the market is sub-segmented into a single door, double door, side by side door, French door, and other. Based on the application, the market is sub-segmented into a residential and commercial segment. Residential will witness a significant growth during the forecast period. Further, based on the distribution channel the market is sub-segmented into the online channel and offline channel. Online channel is expected to witness a lucrative growth during the forecast period.

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The key players of the North America Refrigerator market include Electrolux AB, General Electric Co., Haier Group Corp., Samsung Electronics Co. Ltd., Robert Bosch GmbH, Whirlpool Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, & acquisitions, collaborations, and new product launches to stay competitive in the market. For instance, in January 2020, Samsung Electronics launched the latest edition of the Family Hub refrigerator. The refrigerator has AI-enabled cameras inside with AI assistance.

Market Segmentation

North America Refrigerator Market by Product Type

Single Door
Double Door (Top Freezer & Bottom Freezer)
Side by Side Door
French Door
Other Type (Mini Fridge)
North America Refrigerator Market by Application

Residential
Commercial (Restaurants, Ice Cream parlors, Supermarket, Research, Laboratory, and Pharmaceutical Storage)
North America Refrigerator Market by Distribution Channel

Online Channel
Offline Channel
Regional Analysis

US
Canada
Company Profiles

Electrolux AB
Dover Corp.
General Electric Co.
Haier Group Corp.
Hitachi, Ltd.
Kenmore (Transform SR Brand LLC)
Liebherr-International Deutschland GmbH
LG Electronics Inc.
Panasonic Corp.
Robert Bosch GmbH
Samsung Electronics Co., Ltd.
The Carrier Co.
Whirlpool Corp.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/north-american-refrigerator-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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