Title: Household Refrigerators & Freezers Market to grow at 2.7% CAGR from 2016 to 2025
1Household Refrigerators Freezers Market share
to grow at 2.7 CAGR from 2016 to 2025 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Household Refrigerators And
Freezers Market
- The report Household Refrigerators And Freezers
Market Size By Product (Top Mounted Freezer,
Bottom Mounted, Side-By-Side, French Door Bottom
Freezer), Industry Analysis Report, Regional
Outlook (U.S., Canada, Russia, Belarus,
Kazakhstan, Armenia, Kyrgyzstan, Azerbaijan,
Moldova, Tajikistan, Turkmenistan, Ukraine,
Uzbekistan, China, India, Japan, Brazil, Mexico,
Middle East, Africa), Application Growth
Potential, Price Trends, Competitive Market Share
Forecast, 2016 2025, says that household
refrigerators and freezers market share to reach
USD 78.22 billion by 2025, according to a new
research report by Global Market Insights, Inc. - Shifting trends towards the energy efficient as
well as eco-friendly products will drive
household refrigerators and freezers market over
the coming eight years.
3Continued...
- The latest energy efficiency standard demands the
new models of refrigerators and freezers to cut
their energy consumption by 20 25, which is
pushing the manufacturers to spend heavily in RD
to develop the high-efficiency refrigerators
meeting the energy standards. The active
partaking of the manufacturers along with the
high demand from the consumers for the advanced
refrigerators will enhance the household
refrigerators freezers industry outlook over
the coming timeframe. - The implementation of the new generation features
such as smartphone connectivity and automated
temperature adjustability in the refrigerators
and freezers will surge the product demand.
Gradually changing lifestyle in the rural areas
along with increasing disposable income of the
consumers will build a lucrative roadmap for
household refrigerators and freezers industry
trends over the period of 2016 to 2025. In
addition, heavy investment by government in
electrification across the rural areas will
further boost the household refrigerators and
freezers market trends significantly.
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- Additionally, compressor less refrigerator and
freezers is one of the notable technological
innovations, which will become a significant
growth factor in the household refrigerators and
freezers industry. An average refrigerator
consumes 13.7 of the home energy which is the
second highest usage rate after the air
conditioner. Newly launched products having
ENERGY STAR label are being incorporated at a
rapid rate worldwide. French door bottom freezers
to lead the household refrigerators and freezers
product landscape - Top mounted freezer, French door bottom freezer,
bottom mounted, and side-by-side are the
prominent products of the household refrigerators
and freezers market. Side-by-Side household
refrigerators freezers market will register a
CAGR of 4 over the coming eight years, driven by
the rising consumption of the frozen and fast
foods across the urban regions. Moreover,
enhanced life style, easy financing options, and
incorporation of maintenance free compressors
will boost the demand for the side-by-side
refrigerator.
6 Browse Full Market Research Report On Household
Refrigerators Freezers Market _at_
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7Continued...
- French door bottom freezers accounted for 25 of
the market share in 2015 and will grow
lucratively over the coming years, owing to the
growing demand for technically advanced products. - Geographically, U.S. contributed majorly towards
the North America household refrigerators and
freezers market share in 2015 and will grow
noticeably over the coming timeframe, owing to
the growing demand for eco-friendly products. - Europe household refrigerators and freezers
industry is predicted to exhibit a lucrative
growth rate over the coming eight years. The
attributing factors towards the market growth are
surging need of energy efficient products and
rising disposable income. - The market players are focusing on technological
developments to enhance the product portfolio in
terms of better efficiency, as it is a major
value add for the consumers leveraging a decent
energy and cost saving for them. Whirlpool,
Electrolux, Haier, Samsung, and L.G. are some of
the major giants in the household refrigerators
and freezers market. Other notable key players
include Panasonic, Frigidaire, Bosch, and General
Electric.
8Table Content of Household Refrigerators And
Freezers Market
- Chapter 1 Methodology Scope
- 1.1 Research Methodology
- 1.1.1 Initial data exploration
- 1.1.2 Statistical model and forecast
- 1.1.3 Industry insights and validation
- 1.2 Data Sources
- Chapter 2 Executive Summary
- 2.1 Household refrigerators and freezers
industry 3600 synopsis, 2010 - 2025 - 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Product trends
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- Chapter 3 Household Refrigerators and
Freezers Industry Insights - 3.1 Household refrigerators and freezers
industry segmentation - 3.2 Industry size and forecast, 2010 - 2025
- 3.3 Industry ecosystem analysis
- 3.3.1 Vendor matrix
- 3.3.2 Distribution channel analysis
- 3.3.3 Product cost structure analysis
- 3.3.4 Profit margin indicators
- 3.3.5 Customer insights
- 3.4 Technology innovation landscape
- 3.5 Regulatory landscape
- 3.6 Household refrigerators and freezers
industry impact forces - 3.6.1 Growth drivers
- 3.6.1.1 Growing energy efficiency initiatives
- 3.6.1.2 Increasing purchasing power
- 3.6.1.3 Technological advancements in product
development - 3.6.2 Industry pitfalls and challenges
- 3.6.2.1 Significant untapped population base
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