Title: United States Consumer Electronics and Appliances Market - Industry Size, Share, Trends & Forecast 2026 | TechSci Research
12016 2026
UNITED STATES CONSUMER ELECTRONICS AND APPLIANCES
MARKET FORECAST OPPORTUNITIES
2- Scope of Report
- Product of Interest (POI) Consumer Electronics
and Appliances
Consumer electronics (CE) are part of our daily
lives, and hard to imagine a world without them.
Some of the products included in consumer
electronics are computers, laptops, smartphones,
TVs, tablets, gaming consoles, hearables,
wearables, digital cameras, and VR AR devices.
APPLICATION
3S. No. Contents Contents Contents Page No.
1. Product Overview (A brief description of the category and product inclusions considered under the scope of the study to give clear picture to the client about the product of interest.) Product Overview (A brief description of the category and product inclusions considered under the scope of the study to give clear picture to the client about the product of interest.) Product Overview (A brief description of the category and product inclusions considered under the scope of the study to give clear picture to the client about the product of interest.)
2. Research Methodology (A detailed methodology on how we have derived the market related information and what are the measures that has been taken to validate the data.) Research Methodology (A detailed methodology on how we have derived the market related information and what are the measures that has been taken to validate the data.) Research Methodology (A detailed methodology on how we have derived the market related information and what are the measures that has been taken to validate the data.)
3. Impact of COVID-19 on United States Consumer Electronics and Appliances Market Impact of COVID-19 on United States Consumer Electronics and Appliances Market Impact of COVID-19 on United States Consumer Electronics and Appliances Market
4. Executive Summary Executive Summary Executive Summary
5. Voice of Customer Voice of Customer Voice of Customer
5.1. Factors Influencing Purchase Decisions Factors Influencing Purchase Decisions
5.2. Brand Awareness Brand Awareness
5.3. Challenges Faced by Customers Challenges Faced by Customers
5.4. Preferred Distribution Channel Preferred Distribution Channel
6. United States Consumer Electronics and Appliances Market Outlook, 2016-2026F United States Consumer Electronics and Appliances Market Outlook, 2016-2026F United States Consumer Electronics and Appliances Market Outlook, 2016-2026F
6.1. Market Size Forecast Market Size Forecast
6.1.1. By Value
6.2. Market Share Forecast Market Share Forecast
6.2.1. By Type (Audio Visual Appliances, Home Appliances, Kitchen Appliances, and Personal Care Appliances)
6.2.2. By Application (Residential, Commercial)
6.2.3. By Distribution Channel (Electronic and Specialty Retailers, Hypermarket/ Supermarket, Online Channels, Others (Institutional Stores, etc.))
6.2.4. By Region (South, West, North-East, and Mid-West)
6.2.5. By Top 10 Leading States (California, Texas, Florida, New York, Illinois, Massachusetts, New Jersey, Ohio, Washington, and Michigan)
6.3. Market Map Market Map
4S. No. Contents Contents Contents Page No.
7. United States Audio Visual Equipment Market Outlook, 2016-2026F United States Audio Visual Equipment Market Outlook, 2016-2026F United States Audio Visual Equipment Market Outlook, 2016-2026F
7.1. Market Size Forecast Market Size Forecast
7.1.1. By Value
7.2. Market Share Forecast Market Share Forecast
7.2.1. By Application
7.2.2. By Distribution Channel
8. United States Home Appliances Market Outlook, 2016-2026F United States Home Appliances Market Outlook, 2016-2026F United States Home Appliances Market Outlook, 2016-2026F
8.1. Market Size Forecast Market Size Forecast
8.1.1. By Value
8.2. Market Share Forecast Market Share Forecast
8.2.1. By Application
8.2.2. By Distribution Channel
9. United States Kitchen Appliances Market Outlook, 2016-2026F United States Kitchen Appliances Market Outlook, 2016-2026F United States Kitchen Appliances Market Outlook, 2016-2026F
9.1. Market Size Forecast Market Size Forecast
9.1.1. By Value
9.2. Market Share Forecast Market Share Forecast
9.2.1. By Application
9.2.2. By Distribution Channel
5S. No. Contents Contents Contents Page No.
10. United States Personal Care Appliances Market Outlook, 2016-2026F United States Personal Care Appliances Market Outlook, 2016-2026F United States Personal Care Appliances Market Outlook, 2016-2026F
10.1. Market Size Forecast Market Size Forecast
10.1.1. By Value
10.2. Market Share Forecast Market Share Forecast
10.2.1. By Application
10.2.2. By Distribution Channel
11. Market Dynamics (This chapter assesses the major demand drivers and restraints.) Market Dynamics (This chapter assesses the major demand drivers and restraints.) Market Dynamics (This chapter assesses the major demand drivers and restraints.)
11.1. Drivers Drivers
11.2. Challenges Challenges
12. Market Trends Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development) Market Trends Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development) Market Trends Developments (This section captures recent trends pertaining to manufacturing or consumption, market movements in terms of points of production and consumption, advancements and development)
13. Policy Regulatory Landscape Policy Regulatory Landscape Policy Regulatory Landscape
14. United States Economic Profile United States Economic Profile United States Economic Profile
15. Competitive Landscape Competitive Landscape Competitive Landscape
15.1. Competition Outlook Competition Outlook
15.2. Company Profiles (Leading Companies) Company Profiles (Leading Companies)
15.2.1. Company Details
15.2.2. Products Services
15.2.3. Financials (As Reported)
6S. No. Contents Contents Contents Page No.
15.2.4. Key Market Focus Geographical Presence
15.2.5. Recent Developments
15.2.6. Key Management Personnel
16. Strategic Recommendations (Based on the findings of the report strategic recommendations on how to enter and expand market share) Strategic Recommendations (Based on the findings of the report strategic recommendations on how to enter and expand market share) Strategic Recommendations (Based on the findings of the report strategic recommendations on how to enter and expand market share)
17. About Us Disclaimer About Us Disclaimer About Us Disclaimer
7RESEARCH METHODOLOGY
8Market Profiling
Data Analysis
Data Collection
Data Validation
Developing List of Respondents
Formulating Questionnaire
In-depth secondary research was conducted to
determine top players in the United States
consumer electronics and appliances market,
overall market size and segmental market size.
The data was scrutinized using MS-Excel,
statistical tools and internal proprietary
database to obtain qualitative and quantitative
insights about the United States consumer
electronics and appliances market.
Data obtained as a result of primary and
secondary research was validated through rigorous
triangulation.
TechSci conducted interviews with industry
experts and industry players for data collection
and verification.
In order to conduct industry experts interviews,
TechSci formulated a detailed discussion guide.
List of industry players and industry specialists
was developed.
Primary Research
Desk Research
Company Analysis
- Recent Developments
- Market Changing Aspects/Dynamics
- Government Policies
- Conclusion
- Market Participants
- Key Strengths
- Identifying Key Opinion Leaders
- Questionnaire Design
- In-depth Interviews
9- Baseline Methodology
- Our dedicated team of industry experts has
monitored and analyzed various aspects of United
States consumer electronics and appliances
market. The team has analyzed the outlook of
various segments of this market, while
considering the major influencing factors such as
increasing demand electronics appliances. The
study includes market forecasting, which would
enable our clients to take better decisions while
planning their strategy to achieve sustainability
in United States consumer electronics and
appliances market. - Methodology Followed for Calculation of Market
Size - Market Size by Value Market size, in terms of
value, for the year 2020 was calculated based on
information collected through exhaustive
secondary research and primary surveys, with
various key opinion leaders/stakeholders, such as
consumer electronics and appliances companies,
suppliers, channel partners, end User, industry
experts, and other industry participants. - The team interviewed more than 40 50 consumer
electronics and appliances companies, suppliers,
180 200 end user, 15 20 industry experts and
other value chain stakeholders in the United
States consumer electronics and appliances market
to obtain the overall market size from 2016 to
2020, which was validated by the Delphi
technique. Taking standard deviation into
consideration, the market size was averaged out,
to arrive at the market size data during
2016-2020.
10- Respondents were asked about the current and
future market growth rates, market shares by
type, by application, by distribution channel, by
top 10 leading and by region. Removing the
outlier responses, the geometric mean of growth
estimates and supplier wise revenue shares
generated across various segments were
considered, to arrive at the final revenue
shares. Revenue shares generated across various
segments were further triangulated from other
stakeholders. - Methodology Followed for Calculation of Market
Shares - Market shares by type, by application, by
distribution channel, by top 10 leading and by
region were calculated based on the responses
received through primary surveys with industry
experts, in which the respondents were asked
about the market shares or revenue generated from
various segments of consumer electronics and
appliances market. The final shares were
calculated by taking the geometric mean of the
responses gathered from key opinion leaders after
eliminating the outliers. - Methodology Followed for Forecasting
- TechSci Research performed periodical checks on
data collected through the surveys with logic
checks and analyzed the survey results in
SPSS/Tableau Software. - Data triangulation techniques were applied to
fill the gaps and to present a more meaningful
picture of the market. To forecast United States
consumer electronics and appliances market,
TechSci Research used various forecast techniques
such as - Moving Average
- Time Series Analysis
- Regression Analysis
- Econometric and Judgmental Analysis
11TechSci Research used its own forecast tool,
which is based on the growth of various allied
industries in respective regions. TechSci
Research also used the impact analysis during
short, medium and long term period to estimate
the demand and to reach accurate market numbers.
It should be noted that the figures compiled are
only for the organized market including market
share data.
Partial List of Companies Interviewed Key Secondary Sources
Apple Inc. LG Electronics USA, Inc. Samsung Electronics America, Inc. Whirlpool Corporation Sony Group Corporation XIAOMI CORPORATION Panasonic Corporation AB Electrolux Hitachi, Ltd. ATL International LLC (Koninklijke Philips N.V.) World Bank TechSci Research Proprietary Database Knowledge Repository Company Annual Reports Industry Magazines Industry Reports Statista News Dailies Credible Paid Databases
12Continuous innovation to the technology and
rising per capita spending upon these products is
growing the demand for consumer electronics and
appliances in the United States. According to
TechSci Research report, United States Consumer
Electronics and Appliances Market By Type (Audio
Visual Equipment, Home Appliances, Kitchen
Appliances, Personal Care Appliances), By
Application (Residential and Commercial), By
Distribution Channel (Electronic and Specialty
Retailers, Hypermarket/ Supermarket, Online
Channels, and Others (Institutional Stores,
etc.)), By Region, By Top 10 Leading States,
Competition, Forecast Opportunities,
2026F, the United States consumer electronics
and appliances market is forecast to grow at a
CAGR of 3.70 to reach approximately USD165
billion by 2026F. Consumer electronics refers to
a diverse range of electronic gadgets that
perform one or more functions in the home or for
a specific person. Originally, the phrase
referred to electrical gadgets that were placed
or utilized solely within a home or residence.
Consumer electronics include mobile and computing
gadgets, such as a cell phone or a tablet PC,
that can easily be transported outside the home.
The United States consumer electronics and
appliances market growth is attributed to the
following driving forces such as the evolution of
the smart lifestyle from home interior to smart
home appliances results in faster adoption of
these modern appliances. Furthermore, the
increasing population, rising disposable income,
and changing lifestyle of the younger generation
are some of the influencing factors driving the
demand for consumer electronics and appliances in
the United States. In addition, with the changing
consumer's preferences towards customized home
appliances with appealing designs, a variety of
colors and textures, and advanced features like
smart technology-driven consumer appliances and
touch solutions, further resulting in rising
demand for the smart consumer electronics and
appliances market during the forecast period.
Moreover, manufacturers in the consumer
electronics industry are primarily focusing on
product developments to achieve a competitive
advantage, which is paving the way for
significant market growth. For instance, Apple
launched its new range of iPhones under the
product name of iPhone 13 and iPhone 13 mini,
with innovative features like a sleek and durable
design, an advanced new dual-camera system that
supports photos and videos even in dim lighting.
Also, Canon has announced in the early 2021 that
it would be releasing the XF505 video camera by
the end of the year which features such as 15x
integrated zoom lens, one-inch picture sensors,
and smart battery system BP-A batteries. The
coronavirus pandemic has influenced the efficient
functioning of many sectors in various parts of
the world including the United States. This is
owing to lower sales because of the lockdown, as
well as a halt in logistics and electronic
manufacturing. Furthermore, the factors like
lower income caused the downfall in the demands
of luxurious consumer electronics and appliances
such as smartwatches, advanced remote-controlled
appliances, hair straighteners, and other few
appliances. The United States consumer
electronics and appliances market is segmented
based on product, application, structure,
distribution channel, region, top 10 leading
states, and company. In terms of product, the
United States consumer electronics and appliances
market can be segregated into audio visual
equipment, home appliances, kitchen appliances,
personal care appliances. Out of these, audio
visual equipment such as television, laptop,
smartphones, speakers, smartwatch,
earphones/headphones, and a few other similar
products have registered the largest market share
of around 68 in 2020 due to its diverse product
portfolio and pocket-friendly range, with
multi-functional features such as digital
connectivity, voice-assistance, sound, camera,
and other novel features being added by the
market's leading companies such as Apple Inc.,
Samsung Electronics America, Inc., and others.
The United States consumer electronics and
appliances market is further divided into two
applications segments as residential and
commercial. Among them, the residential segment
dominates the consumer electronic market, due to
a large number of households and an increasing
female working population. In terms of
distribution channels, the United States consumer
electronics and appliances market is divided into
electronic and specialty retailers, hypermarket/
supermarket, online channels, and others
(institutional stores, etc.). Among them, the
most preferred source of purchasing consumer
electronics and appliances is electronic and
specialty retailers with a market share of
approximately 36, whereas online channels are
becoming a more popular source of distribution
channel with rising discounts and quick servicing
facilities within the consumer electronics and
appliances. In terms of regional analysis, the
United States is segmented into four regions
namely, the South Region, the West Region, the
Mid-West region, and the Northeast region. Among
all the regions, the South region is dominating
the market due to its large population base and
presence of states like New York, California
which has the highest Gross Domestic Product
(GDP) in comparison with other regions and high
per capita income. The South region has a market
share of around 37 in 2020 whereas the West
region is expected to be the fastest-growing due
to rising disposable income. The electronics
market in the United States is enormous. In the
United States, there are some of the oldest and
most prestigious electronic companies. Several
electronic companies have sprung up as a result
of the expansion in consumer electronics. Some of
the major companies are Apple Inc., LG
Electronics USA, Inc., Samsung Electronics
America, Inc., Whirlpool Corporation, Sony Group
Corporation, XIAOMI CORPORATION, Panasonic
Corporation, AB Electrolux, Hitachi, Ltd., ATL
International LLC (Koninklijke Philips N.V.). In
the United States, price, performance, capacity,
convenience, and appearance are the major
qualities of consumer electronics and appliances,
and these features have a crucial impact on the
image of the company. Furthermore, to obtain a
competitive advantage, manufacturers in this
field are continuously focusing on innovating
their product offerings, changing marketing
strategies, involved in strategic alliances,
mergers acquisitions, to capture a large
consumer base., said Mr. Karan Chechi, Research
Director with TechSci Research, a research based
global management consulting firm.
13United States Consumer Electronics and Appliances
Market Size, By Value (USD Million), 20162026F
CAGR By Value
CAGR By Value
XX
YY
United States Consumer Electronics and Appliances
Market Share, By Type, By Value, 2016 2026F
United States Audio Visual Equipment Market
Share, By Distribution Channel, By Value, 2016
2026F
14 Report Name UNITED STATES CONSUMER
ELECTRONICS AND APPLIANCES MARKET FORECAST
OPPORTUNITIES 2016 2026
License Type Price
Single User License 3500
Multi-User License 4500
Custom Research License 7500
To View Sample OR Purchase Report
15About Us Disclaimer
TechSci Research is a global market research and
consulting company with offices in the US, UK and
India. TechSci Research provides market research
reports in number of areas to organizations. The
company uses innovative business models that
focus on improving productivity, while ensuring
creation of high-quality reports. The proprietary
forecasting models use various analyses of both
industry-specific and macroeconomic variables on
a state-by-state basis to produce a unique
bottom-up model of a country, regional and
global industry prospects. Combined with the
detailed analysis of company activity and
industry trends, the result is a uniquely rich
evaluation of the opportunities available in the
market.
Related Reports
- Global Food Safety Testing Market By Technology
(Traditional and Rapid), By Food Tested (Meat
Poultry, Dairy Products, Fruits Vegetables,
Processed Food and Others), By Target Tested
(Pathogens, GMO, Toxins, Pesticides and Others),
By Region, Competition, Forecast Opportunities,
2027 - Global Microwave Devices Market By Type (Active
Microwave Devices Passive Microwave Devices),
By Frequency (L-Band, S-Band, C-Band, X-Band,
Ku-Band and Ka-Band), By Application (Space
Communication, Medical, Defense and Commercial),
Competition Forecast Opportunities, 2017 - 2027
TechSci Research North America 708 Third
Avenue, Manhattan, New York, United States Tel
1- 646- 360- 1656 Email sales_at_techsciresearch.co
m www.techsciresearch.com
TechSci Research Europe 54, Old brook,
Bretton, Peterborough, United Kingdom Email
sales_at_techsciresearch.com www.techsciresearch.com
TechSci Research Asia-Pacific B 44, Sector
57, Noida, National Capital Region, U.P. -
India Tel 91-120-4523900 Email
sales_at_techsciresearch.com www.techsciresearch.com
Disclaimer
The contents of this report are based on
information generally available to the public
from sources believed to be reliable. No
representation is made that it is timely,
accurate or complete. TechSci Research has taken
due care and caution in compilation of data as
this has been obtained from various sources
including which it considers reliable and
firsthand. However, TechSci Research does not
guarantee the accuracy, adequacy or completeness
of any information and it is not responsible for
any errors or omissions or for the results
obtained from the use of such information and
especially states that it has no financial
liability whatsoever to the subscribers / users
of this report. The information herein, together
with all estimates and forecasts, can change
without notice. All the figures provided in this
document are indicative of relative market size
and are strictly for clients internal
consumption. Usage of the same for purpose other
than internal will require prior approval of
TechSci Research.