[Update Available] North America Slide Rails Market for Home Appliancesis Expected to Reach $17.2 billion by 2027

According to a recent report by Allied Market Research titled, "North America Slide Rails Market for Home Appliances: Opportunity Analysis and Industry Forecast, 2020-2027," the market size for home appliances in North America is anticipated to reach $17,173.0 million by 2027, with a growth rate of 4.1% from 2020 to 2027. The U.S. dominated the market in 2019, contributing to 79.7% of the North American slide rails market for home appliances.

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Key Highlights:

Market Growth:

The North American slide rails market for home appliances is expected to grow due to technological advancements in home appliances, leading to increased consumption and a subsequent rise in demand for slide rails used in these appliances.

Technological Advancements:

The report highlights that technological advancements in home appliances play a crucial role in boosting their consumption in North America. This factor, combined with the growth of the home improvement industry in the U.S., is driving the sales of home appliances.

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Slide Rails Usage:

Slide rails are employed for providing linear motion to drawers in various applications such as furniture, electronic appliances, industrial devices, and medical devices. In the home appliances sector, they find use in refrigerators, ovens, dishwashers, and washing machines. They are available in different load-bearing capacities to facilitate smooth linear operations.

Materials and Coating:

Slide rails are primarily manufactured using materials like aluminum or steel, often coated with zinc or electroplated with other metals to prevent corrosion caused by temperature changes, moisture, and external conditions.

Urban Population and Appliance Demand:

With an urban population of around 82%, North American countries are significant consumers of home appliances. The demand for home appliances, especially refrigerators, is driving the growth of the slide rails market.

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Market Segmentation:

The North America slide rails market for home appliances is segmented based on product type (light-, medium-, and heavy-duty slide rails), end-user (refrigerators, ovens, dishwashers, and others including cloth washers and laundry dryers), and country (U.S., Canada, and Mexico).

Major Players:

Key players operating in the North America 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.

Segment Dominance:

The heavy-duty slide rails segment dominated the North America slide rails market share for home appliances in 2019, particularly in terms of revenue.

End-User Revenue Generation:

The ovens segment is expected to generate high revenue in the North America slide rails market for home appliances industry, according to the study.

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Country-Wise Growth:

The U.S. is projected to dominate the market and experience significant growth during the forecast period.

This comprehensive report provides valuable insights into the North American slide rails market for home appliances, offering a detailed analysis of current trends and future opportunities in the industry

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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