United States Consumer Electronics and Appliances Market Report 2022: Focus on the 10 Leading States

DUBLIN, February 11, 2022 / PRNewswire / – “Consumer Electronics and Home Appliances Market of the United States, by Types (Audio-Visual Equipment, Home Appliances, Kitchen Appliances, Personal Care Appliances), By Application, by Distribution Channel, by Region, by 10 Leading States, Competition , Forecast and Opportunities, Report 2026F “has been added ResearchAndMarkets.com offer.

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The consumer electronics and home appliance market of the United States stood on $ 136.42 billion in 2020 and is expected to continue to grow with a CAGR of 3.7% over the forecast period, 2022-2026, to reach market value $ 164.58 billion to 2026F.

The growth of the market can be attributed to increased adaptation to modern consumer electronics and home appliances. The surge in demand for technologically advanced consumer electronics and appliances such as smartphones, laptops, computers, cameras, TVs, speakers, etc., further stimulates the growth of U.S. consumer electronics and home appliances over the next five years.

The build-up of research and technologically advanced developments in existing appliances and the innovation of new models are also supporting the growth of the consumer electronics and home appliances market in the United States over the next five years. It is expected that the constant launch of innovative and technologically advanced products from a growing number of market players will further substantiate the growth of the consumer electronics and home appliances market in the United States over the next five years.

The growing popularity of audio and visual equipment, as well as the continued proliferation of wireless technologies such as near field communication (NFC), Bluetooth, Wi-Fi, are also affecting consumer benefits in purchasing modern consumer electronics and appliances, justifying the growth of the United States. The state market of consumer electronics and appliances in the forecast years, until 2026.

The United States consumer electronics and home appliance market is segmented based on type, application, distribution channel, regional analysis, top 10 states analysis and competitive situation.

Depending on the type, the market is further fragmented into audiovisual appliances, home appliances, kitchen appliances and personal care appliances. It is expected that in the next five years the audiovisual equipment subsegment will occupy most of the market share of revenue generation and dominate the market segment in the next five years due to growing demand for devices such as TVs, laptops, smartphones, speakers, smartphones. watches, headphones / earphones, etc.

The growth in cash income has flooded the market with recent launches of global brands, increasing dependence on consumer electronics such as laptops, smartphones, smart watches, etc., contributing to the growth of the consumer electronics and home appliances market in the United States over the next five years.

The purpose of the study:

  • To analyze the historical growth of the consumer electronics and home appliances market in the US from 2016 to 2020.

  • To estimate and forecast the size of the consumer electronics and technology market in the US from 2021 to 2026 and the growth rate until 2026.

  • To classify and forecast the U.S. consumer electronics and appliance market based on type, application, distribution channel, region, 10 leading states and companies.

  • To study competitive developments such as expansion, new product launches, mergers and acquisitions, etc. USA Consumer Electronics and Home Appliances Market.

  • To determine the dominant area or segment in USA Consumer Electronics and Home Appliances Market.

  • To identify drivers and challenges for the consumer electronics and home appliance market of the United States.

  • To identify and analyze the profile of the leading players working in USA Consumer Electronics and Home Appliances Market.

  • To identify key sustainable strategies adopted by market players USA Consumer Electronics and Home Appliances Market.

The main players operating in USA Consumer Electronics and Home Appliances Market

  • Apple Inc.

  • LG Electronics USAInc.

  • Samsung Electronics America, Inc.

  • Whirlpool Corporation

  • Sony Group Corporation

  • XIAOMI CORPORATION

  • Panasonic Corporation

  • AB Electrolux

  • Hitachi Co., Ltd.

  • ATL International LLC (Koninklijke Philips NV)

Scope of the report:

Years considered for this report:

The U.S. consumer electronics and home appliance market, by type

  • Audio-visual equipment

  • Home appliances

  • Kitchen appliances

  • Personal hygiene appliances

The U.S. consumer electronics and home appliance market is on demand

US Consumer Electronics and Home Appliances Market, Distribution Channel

The market for consumer electronics and home appliances in the United States, by region

  • Southern

  • West

  • Midwest

  • Northeast

United States Consumer Electronics and Appliances Market, Top 10

  • California

  • Texas

  • Florida

  • New York

  • Pennsylvania

  • Illinois

  • Ohio

  • Georgia

  • North Carolina

  • Michigan

For more information on this report, visit https://www.researchandmarkets.com/r/uorkqz

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