DUBLIN–(BUSINESS WIRE)–The “The US Small Household Appliances Market: Size & Forecast with Impact Analysis of COVID-19 (2020-2024)” report has been added to ResearchAndMarkets.com’s offering.
The US small household appliances market has surged at a progressive rate over the years and the market is further expected to propel during the forecasted years 2020 to 2024. The market would surge owing to different growth drivers like growing number of single-person household, rise in disposable income, rapid urbanization, growth in a number of smart homes, surging smart sensors demand, rising demand for energy optimization, etc.
However, the market faces some challenges which are hampering the growth of the market. Some of the major challenges faced by the industry are a lack of consumer awareness and rising privacy threats. Whereas, the market growth would be further supported by various market trends like cloud technology, rising artificial intelligence technology, surging adoption of Internet of Things (IoT).
This report provides an in-depth analysis of the US small household appliances market with description of market sizing and growth. The analysis includes the market by value, by volume, by category, by product and by region. Furthermore, the report also provides detailed category analysis, product analysis and regional analysis.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and would be driving the growth of the industry. Growth of the overall the US small household appliances market has also been forecasted for the years 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Some of the major players operating in the US small household appliances market are Samsung Group (Samsung Electronics), Panasonic Corporation, Haier (Haier Smart Home Co. Ltd.), and LG Corp. (LG Electronics), whose company profiling has been done in the report. Furthermore, in this segment of the report, business overview, financial overview and business strategies of the respective companies are also provided.
Key Topics Covered:
1. Executive Summary
2.1 Household Appliances: An Overview
2.2 Testing & Certification of Household Appliances
2.3 Small Household Appliances Segmentation
3. The US Market Analysis
3.1 The US Small Household Appliances Market: An Analysis
3.2 The US Small Household Appliances Market: Category Analysis
3.3 The US Small Household Appliances Market: Product Analysis
3.4 The US Small Household Appliances Market: Distribution Channel Analysis
4.1 Impact of Covid-19
4.2 Impact of COVID-19 on Online Sales
4.3 Impact of COVID-19 on Store Sales
4.4 Impact of COVID-19 on Total Retail Sales
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Growing Number of Single-Person Households
5.1.2 Rise in Disposable Income
5.1.3 Surging Urban Population
5.1.4 Growth in Number of Smart Homes
5.1.5 Surging Smart Sensors Demand
5.1.6 Rising Demand for Energy Optimization
5.2.1 Lack of Consumer Awareness
5.2.2 Rising Privacy Threats
5.3 Market Trends
5.3.1 Cloud Technology
5.3.2 Rising Artificial Intelligence Technology
5.3.3 Surge in Adoption of Internet of Things (IoT)
6. Competitive Landscape
6.1 The US Small Household Appliances Market Players: A Financial Comparison
6.2 The US Small Household Appliances Market Players’ by Research & Development Expenditure
7. Company Profiles
- LG Corp.
- Panasonic Corporation
- Samsung Group
For more information about this report visit https://www.researchandmarkets.com/r/3ky9yo
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