Dishwashers Market in the US to grow at a CAGR of 4.03% during the period 2016-2020: Key vendors are Electrolux, GE
About the Dishwashers Market in the US
Higher GNI, high spending capacity of higher income groups in the US, and a country that has dense population of early technology adopters makes the US an attractive market for technologically advanced home appliances. The demand for home appliances has increased considerably in the US in the last few years, owing to the increase in the replacement purchases, mostly triggered by expiry of product lifespan. However, a significant number of replacement purchases also take place for replacing older models with technologically advanced and improved product offerings.
The need for a better lifestyle and more convenience has given rise to the demand for unique products worldwide. With growing digitalization, consumers are becoming tech-savvy and have strong knowledge regarding the usage and benefits of all modern appliances. Vendors are focusing on expanding their product lines and developing innovative products with the help of the latest advances in technology so as to attain a competitive advantage over their counterparts and to enhance their customer base.
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Technavios analysts forecast the dishwasher market in the US to grow at a CAGR of 4.03% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the dishwasher market in the US for 2016-2020. To calculate the market size, Technavio considers the value of shipments of the types of dishwashers for the residential segment which include built-in dishwashers, and free-standing dishwashers.
Technavio's report, Dishwashers Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Electrolux
GE
Robert Bosch
Whirlpool
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Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Economic indicators
PART 06: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 07: Market segmentation by product
Built-in dishwashers
Free-standing dishwashers
PART 08: Market drivers
Growing housing industry
Changing kitchen designs
Increasing demand for energy- and water-efficient dishwashers
Rapid advances in technology and design
PART 09: Impact of drivers
PART 10: Market challenges
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