The North American consumer appliances market is anticipated to grow at a CAGR of 5.3% during the forecast period. High disposable income and early adoption of the technology are the key drivers for the regional growth market. Moreover, the replacement rate of consumer electronics is much higher as compared to the global average, which is also a motivating factor for the market. Due to this, the companies are increasing investment to modernize and automate their product offering. In addition, companies are also increasing their focus on other channels such as online platforms to better regulate their supply chains. However, the strong aftermarket sales capability of the region is impacting market growth. Moreover, the increased costs for raw material, logistics, and trade tariffs are restricting the growth of the North American consumer appliance market.
The North American consumer appliances market is segmented based on product type, usage, and distribution channels. Based on the product type, the market is segmented into air solutions, entertainment, laundry & cleanliness, connectivity, water solution, kitchen appliances, grooming accessories, wearables, and other consumer appliances. The air solution, entertainment, laundry & cleanliness, connectivity, water solution, and kitchen appliances are further sub-segmented for detailed analysis. Based on the usage type, the market is sub-segmented into personal care/individual and domestic use. Based on the distribution channel, the market is bifurcated into online and offline. On the basis of geography, the market is sub-segmented into the US and Canada. The US is held the largest market share during the forecast period.
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North America Consumer Appliances Market Segmentation
By Product Type
- Air Solution
- HVAC System
- Air Purifier
- Air Cooler
- Fans and Exhaust Fans
- Entertainment
- Television
- Speaker, Smart Speaker &Radio
- Gaming Console
- Digital Camera
- Laundry & Cleanliness
- Washing Machine & Dryers
- Dishwasher
- Vacuum Cleaner
- Connectivity
- Smartphone
- Tablets
- Desktop & Laptop (& Accessories)
- Water Solution
- Water Purifier
- Water Geyser
- Water Pump
- Kitchen Appliances
- Refrigerators
- Microwave
- Mixer & Juicer
- Stove & Hobs
- Other (Electric Chimney, Kettle, Toaster)
- Grooming Accessories (Trimmer, Blower, Straightener, Electric Brush)
- Wearables
- Other Consumer Appliances
By Usage
- Personal Care/Individual
- Domestic Use
By Distribution Channel
- Online
- Offline
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Regional Analysis
- United States
- Canada
Company Profiles
- Apple Inc.
- Carrier Corp.
- Dell Inc.
- Electrolux AB
- General Electric Co.
- Goodman Manufacturing Co. (Daikin Group)
- Google LLC
- Gree Electric Appliances Inc.
- Haier Group Corp.
- Ingersoll Rand Plc. (Trane Technologies Inc.)
- Lennox International Inc.
- LG Electronics Inc.
- Panasonic Corp
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Sony Corp.
- SR Brands LLC (Kenmore)
- The Maytag Corp.
- Whirlpool Corp.
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