United States $164.58 Billion Consumer Electronics and Appliances Markets, Analysis, Competition, Forecast & Opportunities 2016-2021 & 2022-2026

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US Consumer Electronics and Home Appliances Market

US Consumer Electronics and Home Appliances Market

US Consumer Electronics and Home Appliances Market

Dublin, February 17, 2022 (GLOBE NEWSWIRE) – “Consumer Electronics and Home Appliances Market in the United States, by type (audio-visual equipment, home appliances, kitchen appliances, personal care appliances), by application, by distribution channels, by Region, By 10 Leading States, Competition, Forecast and Opportunity, Report 2026F ”has been added in ResearchAndMarkets.com offer.

The consumer electronics and appliances market in the United States was $ 136.42 billion in 2020 and is expected to grow 3.7% over the projected period 2022-2026 to reach a market value of $ 164.58 billion by 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 still divided into audiovisual appliances, household appliances, kitchen appliances and personal hygiene 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 assess 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., in the consumer electronics and home appliance market of the United States.

  • To determine the dominant region or segment of the consumer electronics and home appliances market of the United States.

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

  • To identify and analyze the profile of leading players operating in the consumer electronics and technology market of the United States.

  • To identify key sustainable strategies adopted by US consumer electronics and home appliance market players.

The major players operating in the consumer electronics and home appliances market of the United States are

  • Apple Inc.

  • LG Electronics USA, Inc.

  • 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

The market for consumer electronics and home appliances in the United States, through a 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/dq5r7b

The application

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