North America's Home Appliance Slide Rails Market Soars to $17.2 Billion by 2027"

In a recent report published by Allied Market Research, entitled "North America Slide Rails Market for Home Appliances: Opportunity Analysis and Industry Forecast, 2020-2027," the home appliance slide rails market in North America is poised for significant growth, with an expected value of $17,173.0 million by 2027, a substantial increase from $12,500.0 million in 2019. This remarkable growth is projected at a CAGR of 4.1% from 2020 to 2027. Notably, the United States played a pivotal role in dominating the market with a substantial 79.7% share of the industry in 2019.

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Slide rails serve as essential components for enabling linear motion in various applications, including furniture, electronic appliances, industrial machinery, and medical devices. In the realm of home appliances, slide rails are crucial for refrigerators, ovens, dishwashers, and washing machines. They are available in diverse load-bearing capacities to ensure smooth and efficient linear operations, categorized as light, medium, and heavy-duty rails depending on the appliance's drawer loads.

Manufactured predominantly from aluminum or steel, slide rails feature an outer coating of zinc or electroplating with other metals to combat corrosion caused by temperature fluctuations, moisture, and other environmental factors. Different types of slide rails are employed for a single appliance based on its specific application. For instance, refrigerators may utilize light-to-medium-duty slide rails for shelves, trays, baskets, and drawers, while heavy-duty slide rails are chosen for bottom-mount freezer drawers or under-counter refrigerated drawers. These slide rails commonly employ ball bearing sliding mechanisms, lubricated with food-grade grease to ensure the food stored in appliances remains uncontaminated.

With approximately 82% of North America's population residing in urban areas, the region stands as a significant consumer of home appliances. In 2018, the region recorded a remarkable 96% penetration rate of major home appliances. Consequently, the growing demand for home appliances drives the expansion of the North America slide rails market, especially in these appliances. Refrigerators, in particular, contribute significantly to the market's growth due to the need for multiple drawers and shelves in these appliances.

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The North America home appliance slide rails market is segmented by product type, end-user, and country. Product type categories include light, medium, and heavy-duty slide rails. End-user categories encompass refrigerators, ovens, dishwashers, and other appliances, with the "other" category further subdivided into cloth washers and laundry dryers. The market analysis extends across the United States, Canada, and Mexico, with the U.S. maintaining its leading market share in 2019 and Mexico expected to exhibit the fastest growth rate.

Key Findings of the Study:

Heavy-duty slide rails dominated the North America slide rails market for home appliances in 2019, leading in terms of revenue by product type.

Ovens are anticipated to generate substantial revenue in the North America slide rails market for home appliances based on the end-user segment.

The United States is projected to maintain market dominance and exhibit significant growth during the forecast period.

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The major players in the North America home appliance slide rails industry include Accuride International Inc., Robert Bosch GmbH, Haier US Appliance Solutions, Inc., LG Electronics (LG parts), THK Co., Ltd., Transform SR Brands LLC. (Sears PartsDirect), Whirlpool Corporation, Electrolux AB (Frigidaire), King Slide USA, Inc., and Repon International Corporation.

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