Your Catalyst To a Lucrative Business Kitchen Appliances Market Share, Size, Analysis, Growth, Trends and Forecasts, 2016 to 2024 | Hexa Research " Growing awareness on electricity conservation is expected to boost demand for eco-friendly and energy efficient products. Fast paced lifestyle and a growing number of dualincome households are expected to drive Kitchen Appliances market growth." The global Kitchen Appliances Market was estimated at around USD 179 billion in 2015. Energy and cost efficient products can gain revenue share due to government initiative to conserve electricity consumption. Rise in fast-paced modern lifestyle, dual income households, growing preference for modular kitchen are expected to drive the demand of kitchen appliances. Moreover, rapid urbanization and product upgrade can also contribute to market growth. Increasing electricity costs and government focus to spread awareness about energy consumption can promote environment friendly and energy efficient products. Health conscious and geriatric population requires kitchen appliances that require less oil. The penetration of these appliances in the market can further propel industrial growth. The kitchen appliances market is divided into products, fuel type, product structure, applications, and regions. By products, the market is segmented into dishwasher, refrigerator, cooking appliance, and other appliances. Refrigerator accounted for over 40% of overall revenue share. It is expected to grow at a CAGR of around 5% till 2024. Browse Details of Report @ https://www.hexaresearch.com/research-report/kitchen-appliances-market Follow Us: Your Catalyst To a Lucrative Business Fuel types comprise of electricity, cooking gas, solar energy, fuel wood, biogas, and renewable energy. On the basis of product structure, the industry is bifurcated into built-in and free standing appliances. Applications are split into commercial and residential. Commercial refrigerators are widely used in supermarkets, convenience stores, restaurants specialty food stores, grocery stores, and cafeterias. Residential segment was valued surpassing USD 100 billion in 2014. It is expected to be the leading sector in the coming years. Regions encompass North America, Asia Pacific, Europe, and the Rest of the World (RoW). North America is likely to dominate global revenue in the coming years. Asia Pacific kitchen will witness a considerable growth due to the rise in the middle class population. The ‘Make in India’ program established by the Indian government can further boost the market competitors and growth in the region in the coming years. Some of the major industrial players are Samsung Electronics, Whirlpool Corporation, Haier Group, LG Electronics, and Morphy Richards Limited. Development strategies include acquisition and product launch. Acquisition helps companies share technological requirements. Electrolux introduced an in-oven Cam prototype, which is an oven with a built-in camera to monitor food. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/electronicdevices-industry Follow Us: Your Catalyst To a Lucrative Business Table of Content of Kitchen Appliances Market Table of Contents Chapter 1 Methodology and Scope 1.1 Research Methodology 1.1.1 Initial data exploration 1.1.2 Statistical modeling and forecast 1.1.3 Industry insights and validation 1.2 List of Data Sources Chapter 2 Executive Summary 2.1 Kitchen appliances industry 3600 perspective, 2016 - 2024 Chapter 3 Kitchen Appliances Industry Insights 3.1 Industry segmentation 3.2 Industry size, forecast and growth expectations, 2016 - 2024 3.3 Industry ecosystem analysis 3.4 Kitchen appliances industry dynamics 3.4.1 Growth drivers 3.4.1.1 Product innovation 3.4.1.2 Growing demand for induction technology 3.4.1.3 Changing consumer preferences 3.4.2 Industry pitfalls & challenges 3.4.2.1 High cost 3.4.2.2 Growing ready-to-eat food industry 3.5 Key growth opportunities 3.6 Porter’s analysis 3.7 Competitor landscape, 2016 3.8 PESTEL analysis Chapter 4 Kitchen Appliances Application Insights 4.1 Kitchen appliances market share by application, 2016 & 2024 4.2 Residential 4.2.1 Market estimates and forecast, 2016 - 2024 4.2.2 Market estimates and forecast by region, 2016 - 2024 4.3 Commercial Follow Us: Your Catalyst To a Lucrative Business 4.3.1 Market estimates and forecast, 2016 - 2024 4.3.2 Market estimates and forecast by region, 2016 - 2024 Chapter 5 Kitchen Appliances Product Insights 5.1 Kitchen appliances market share by product, 2016 & 2024 5.2 Cooking appliances 5.2.1 Market estimates and forecast, 2016 - 2024 5.2.2 Market estimates and forecast by region, 2016 - 2024 5.3 Refrigerators 5.3.1 Market estimates and forecast, 2016 - 2024 5.3.2 Market estimates and forecast by region, 2016 - 2024 5.4 Dishwashers 5.4.1 Market estimates and forecast, 2016 - 2024 5.4.2 Market estimates and forecast by region, 2016 - 2024 5.5 Others 5.5.1 Market estimates and forecast, 2016 - 2024 5.5.2 Market estimates and forecast by region, 2016 - 2024 Chapter 6 Kitchen Appliances Regional Insights 6.1 Kitchen appliances market share by region, 2016 & 2024 6.2 North America 6.2.1 Market estimates and forecast by product, 2016 - 2024 6.2.2 Market estimates and forecast by application, 2016 - 2024 6.3 Europe 6.3.1 Market estimates and forecast by product, 2016 - 2024 6.3.2 Market estimates and forecast by application, 2016 - 2024 6.4 Asia Pacific 6.4.1 Market estimates and forecast by product, 2016 - 2024 6.4.2 Market estimates and forecast by application, 2016 - 2024 6.5 South America 6.5.1 Market estimates and forecast by product, 2016 - 2024 6.5.2 Market estimates and forecast by application, 2016 - 2024 6.6 Middle East and Africa (MEA) 6.6.1 Market estimates and forecast by product, 2016 - 2024 6.6.2 Market estimates and forecast by application, 2016 - 2024 Follow Us: Your Catalyst To a Lucrative Business Chapter 7 Competitor Profiles 7.1 Dacor Inc. 7.2 Electrolux 7.3 Haier 7.4 LG Electronics 7.5 Morphy Richards 7.6 Panasonic Corporation 7.7 Philips 7.8 Robert Bosch 7.9 Samsung Electronics 7.10 Whirlpool Corporation Follow Us: Your Catalyst To a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. 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Growing awareness on electricity conservation is expected to boost demand for eco-friendly and energy efficient products. Fast paced lifestyle and a growing number of dual-income households are expected to drive Kitchen Appliances market growth.
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