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Global Home Appliance Market Will Grow at a CAGR 5.3% and Reach USD 837 Billion by 2023, from USD 615.1 Billion in 2017

New Global Home Appliance Market 2023 Report Covers market forecast and top Companies like Haier, Whirlpool, Midea, Panasonic, GE, SAMSUNG and others.

Posted: Thursday, November 08, 2018 at 7:35 PM CST

Lewes, DE -- (SBWire) -- 11/08/2018 --Global Home Appliance market will register a 5.3% CAGR in terms of revenue, reach US$ 837000 million by 2023, from US$ 615100 million in 2017.

Home Appliance is electrical/mechanical machine which accomplish some household functions, such as cooking or cleaning. Home appliances can be classified into: major appliances, small appliances, and consumer electronics.

This division is also noticeable in the maintenance and repair of these kinds of products. Major appliances usually require high technical knowledge and skills. They get more complex with time, such as going from a soldering iron to a hot-air soldering station. While consumer electronics may need more practical skills and "brute force" to manipulate the devices and heavy tools required to repair them.
The market of Home Appliance has experienced a steady growth over the past years, and the trend is forecasted to continue in the following decade.

Worldwide, China is the largest consumption market of Home Appliance, driven by the high consuming capacity and desire for convenient life style. The market of Asia (EX. China), etc. are also developing fast.
To Home Appliance industry, the transformation from traditional appliances to smart appliances is considered a revolutionary trend; and that's the reason why most home appliances enterprises are rushing to develop and seize market share.

Over the next five years, Study projects that Home Appliance will register a 5.3% CAGR in terms of revenue, reach US$ 837000 million by 2023, from US$ 615100 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Haier
Whirlpool
Midea
Panasonic
GE
SAMSUNG
SONY
LG
BSH
Hisence
Electrolux
Philips
Gree
TCL
Changhong
SKYWORTH
Meling

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Kitchen Appliances
Refrigerators
Washing Machines
Television
Air Conditioners
Others

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Cooking
Food Storage
House Maintenance
Entertainment
Cleaning
Others

Spanning over 148 pages "Forecast of Global Home Appliance Market 2023" report covers Home Appliance Market Overview, Global Home Appliance Sales, Revenue (Value) and Market Share by Players, Global Home Appliance Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Home Appliance Sales, Revenue and Price, Europe Top 5 Players Home Appliance Sales, Revenue and Price, Asia-Pacific Top 5 Players Home Appliance Sales, Revenue and Price, South America Top 5 Players Home Appliance Sales, Revenue and Price, Middle East & Africa Top 5 Players Home Appliance Sales, Revenue and Price, Global Home Appliance Players Profiles/Analysis, Global Home Appliance Market Forecast (2018-2023), Home Appliance Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

Please visit this link for more details: https://www.marketresearchreports.com/mrrpb2/forecast-global-home-appliance-market-2023

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Forecast of Global Home Appliance Market 2023