Washing Machine Market in the US 2016-2020

About the Washing Machine Market in the US

With the latest innovations and new features, vendors are focusing on differentiating their product offerings through a clear and unique value proposition so as to entice consumers to replace their older washing machines with newer ones. Companies are also focusing on consumer engagement through superior customer service, and introduction of green and sustainable appliances.
The market is expected to boost sales through the increased penetration of smart, connected, and energy-efficient appliances. For instance, GE increased the working efficiency of its agitator washers in 2015, so that consumers can have control over the cycles as well as to improve energy-efficiency.
Technavio’s analysts forecast the washing machine market in the US to grow at a CAGR of 4.84% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the washing machine market in the US 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of the following types of washing machines in the US for the residential segment:
• Front loading washing machine
• Top loading washing machine

Technavio's report, Washing Machine 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
• LG Electronics
• Samsung
• Whirlpool

Other prominent vendors
• Midea
• Bosch-Siemens
• Haier
• Sharp
• Panasonic
• Hitachi
• Arçelik
• Groupe SEB
• Miele
• Toshiba

Market driver
• Increasing demand for energy- and water-efficient washing machines
• For a full, detailed list, view our report

Market challenge
• Infrequent purchases
• For a full, detailed list, view our report

Market trend
• Growing emphasis on technology and smart appliances
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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