Press release
US Refrigerator Market is Expected to grow at a CAGR of 5.6% During Forecast 2020-2026
The US refrigerator market is anticipated to grow with a considerable CAGR of 5.6% during the forecast period (2020-2026). Refrigerators hold a prominent position among American households. The growth of the refrigerator across the country is influenced by the high disposable income coupled with high brand awareness across the region. Additionally, the demand for the replacement of old refrigerators is also high across the region which will also significantly aid the growing shares of the refrigerator market.To Request a Free Sample of our US Refrigerator Market: https://www.omrglobal.com/request-sample/us-refrigerator-market
Furthermore, internet penetration is significantly high across the region which is expected to foster the demand for smart feature enabled refrigerators. Owing to this, the companies working across the region also have a high focus on the product innovation of refrigerators. For instance, in January 2020, during the Consumer Electronics Shows (CES) in Las Vegas, the US, LG, and Samsung Electronics both launched their AI-powered smart refrigerators. Samsung’s refrigerator was known as Samsung Family Hub Smart Fridge and LG’s refrigerators are called InstaView Smart Fridge that features two models with a 22-inch transparent display panel. Such launches are anticipated to significantly aid in the growth of the refrigerator industry in the country in the near future.
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Market Coverage
· The market number available for – 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
Segment Covered-
· By Product Type
· By Application
· By Distribution Channel
· Competitive Landscape- Electrolux AB, General Electric Co., Haier Group Corp., Samsung Electronics Co. Ltd., Whirlpool Corp.
US Refrigerator Market Report Segment
By Product Type
Single Door
Double Door
Side by Side Door
French Door
Other
By Application
Residential
Commercial
By Distribution Channel
· Online Channel
· Offline Channel
Company Profiles
Electrolux AB
Dover Corp.
General Electric Co.
Haier Group Corp.
Hitachi, Ltd.
Kenmore (Transform SR Holding Management LLC)
LG Electronics Inc.
Robert Bosch GmbH
Samsung Electronics Co., Ltd.
Viking Range, Llc
Whirlpool Corp.
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· 1. We cover more than 15 major industries, further segmented into more than 90 sectors.
· 2. More than 120 countries are for analysis.
· 3. Over 100+ paid data sources mined for investigation.
· 4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
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.
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