Dishwasher Market Predicted to Reach US$ 58,409.6 Million by 2032

According to recently published data from Future Market Insights (FMI), the dishwasher market is anticipated to reach US$ 58,409.6 Mn in 2032 at a CAGR of 5.5% from 2022 to 2032, from an estimated US$ 34,194.8 Mn in 2022. Dishwasher market share in its parent market (house appliance market) is between 2% and 6%.

The Internet of Things (IoT) has risen in popularity among residential users as a result of the benefits gained by connecting household goods to the Internet. IoT connects products, software algorithms, services, and end users, allowing data to flow freely and making real-time choices easier. It has been shown to increase the quality and consistency of automation systems

Several large-, small-, and mid-size firms across the U.S. are aggressively investing in the IoT industry. With most businesses switching to IoT, it's expected to have an impact on a variety of industries, including lighting, HVAC, healthcare, security, and entertainment.

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Key Takeaways from Market Study

Increasing Internet penetration and consumer enthusiasm toward connected devices are laying the foundation for the growth of the U.S. dishwasher market.
The market is currently experiencing a shift in consumer preference from conventional to smart dishwashers.
As per the analysis, sales of dishwashers in the residential category are expected to reflect high growth.
Built-in dishwashers account for around half of the overall market share in the United States.
Key Market Players

The report highlights important trends in the competitive scenario of the dishwasher market in the United States, along with the highlights of differential marketing strategies used by players in the market. Established players in the U.S. market account for 60% to 65% market share.

Some of the key players identified across the value chain include BSH Home Appliances Corporation, LG appliance, Whirlpool Corporation, Electrolux AB, Haier America Company LLC, and IFB Industries Limited, among others.

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By Product Type:

Freestanding
Built-in
By Application:

Commercial
Residential
By Sales Channel:

Wholesalers/Distributors
Multi-Brand Stores
Specialty Stores
Hypermarket/Supermarkets
Online Retailers
Other Sales Channel
By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA

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Related Reports:
Residential Dishwashers Market https://www.futuremarketinsights.com/reports/global-residential-dishwashers-market
Baby Changing Station Market https://www.futuremarketinsights.com/reports/baby-changing-station-market
Dishwasher Market https://www.futuremarketinsights.com/reports/dishwasher-market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

This release was published on openPR.