Product Code: TMRGL41387
Electrical Appliances Market - Scope of Report
TMR's report on the global electrical appliances market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global electrical appliances market for the period 2018-2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global electrical appliances market from 2024 to 2034.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the electrical appliances market.
Market Snapshot |
Market Value in 2023 | US$ 1112.2 Bn |
Market Value in 2034 | US$ 2342.6 Bn |
CAGR | 7.1% |
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global electrical appliances market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global electrical appliances market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global electrical appliances market.
The report delves into the competitive landscape of the global electrical appliances market. Key players operating in the global electrical appliances market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global electrical appliances market profiled in this report.
Key Questions Answered in Global electrical appliances Market Report:
- What is the sales/revenue generated by electrical appliances across all regions during the forecast period?
- What are the opportunities in the global electrical appliances market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2034?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
Electrical Appliances Market - Research Objectives and Research Approach
The comprehensive report on the global electrical appliances market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global electrical appliances market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global electrical appliances market.
Table of Contents
1. Preface
- 1.1. Market Definition and Scope
- 1.2. Market Segmentation
- 1.3. Key Research Objectives
- 1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
- 5.1. Introduction
- 5.2. Market Dynamics
- 5.2.1. Drivers
- 5.2.2. Restraints
- 5.2.3. Opportunities
- 5.3. Key Trends Analysis
- 5.3.1. Demand Side Analysis
- 5.3.2. Supply Side Analysis
- 5.4. Key Market Indicators
- 5.5. Porter's Five Force Analysis
- 5.6. Value Chain Analysis
- 5.7. Technology Overview
- 5.8. PESTEL Analysis
- 5.9. Standards and Regulations
- 5.10. Global Electrical Appliances Market Analysis and Forecast, 2020-2034
- 5.10.1. Market Value Projections (US$ Bn)
- 5.10.2. Market Volume Projections (Million Units)
6. Global Electrical Appliances Market Analysis and Forecast, by Type
- 6.1. Electrical Appliances Market Size (US$ Bn and Million Units), By Type, 2020-2034
- 6.1.1. Audio & Video Equipment
- 6.1.1.1. TV
- 6.1.1.2. Laptop & Computer
- 6.1.1.3. Smartphones
- 6.1.1.4. Smart watches
- 6.1.1.5. Speakers
- 6.1.1.6. Digital Camera & Camcorder
- 6.1.1.7. Others (E-reader, etc.)
- 6.1.2. Large Electronics Appliances
- 6.1.2.1. Refrigerator
- 6.1.2.2. Air Conditioner
- 6.1.2.3. Air Purifier
- 6.1.2.4. Others (Dishwasher, Washing Machine, etc.)
- 6.1.3. Small Electronics Appliances
- 6.1.3.1. Microwave Ovens
- 6.1.3.2. Food Processors
- 6.1.3.3. Electric Fans
- 6.1.3.4. Vacuum Cleaner
- 6.1.3.5. Others (Electric Iron, Steamers, etc.)
- 6.1.4. Personal Care Products
- 6.1.4.1. Hair Care Appliances (Straighteners, Dryers etc.)
- 6.1.4.2. Hair Removal Appliances (Epilators, Trimmers, Shavers etc.)
- 6.1.4.3. Others (Massager, Oral Care, etc.)
- 6.2. Incremental Opportunity Analysis, by Type
7. Global Electrical Appliances Market Analysis and Forecast, by Operation
- 7.1. Electrical Appliances Market Size (US$ Bn and Million Units), By Operation, 2020-2034
- 7.1.1. Semi-Automatic
- 7.1.2. Automatic
- 7.2. Incremental Opportunity Analysis, by Operation
8. Global Electrical Appliances Market Analysis and Forecast, by End User
- 8.1. Electrical Appliances Market Size (US$ Bn and Million Units), By End User, 2020-2034
- 8.1.1. Residential
- 8.1.2. Commercial
- 8.2. Incremental Opportunity Analysis, by End User
9. Global Electrical Appliances Market Analysis and Forecast, by Distribution Channel
- 9.1. Electrical Appliances Market Size (US$ Bn and Million Units), By Distribution Channel, 2020-2034
- 9.1.1. Online
- 9.1.1.1. E-Commerce Websites
- 9.1.1.2. Company Owned Websites
- 9.1.2. Offline
- 9.1.2.1. Supermarket/Hypermarket
- 9.1.2.2. Departmental Store
- 9.1.2.3. Others
- 9.2. Incremental Opportunity Analysis, by Distribution Channel
10. Global Electrical Appliances Market Analysis and Forecast, by Region
- 10.1. Electrical Appliances Market Size (US$ Bn and Million Units), By Region, 2020-2034
- 10.1.1. North America
- 10.1.2. Europe
- 10.1.3. Asia Pacific
- 10.1.4. Middle East & Africa
- 10.1.5. South America
- 10.2. Incremental Opportunity Analysis, by Region
11. North America Electrical Appliances Market Analysis and Forecast
- 11.1. Regional Snapshot
- 11.2. Key Trend Analysis
- 11.3. Demographic Overview
- 11.4. Market Share Analysis (%)
- 11.5. Consumer Buying Behavior Analysis
- 11.6. Operation Trend Analysis
- 11.6.1. Weighted Average Selling Operation (US$)
- 11.7. Electrical Appliances Market Size (US$ Bn and Million Units), By Type, 2020-2034
- 11.7.1. Audio & Video Equipment
- 11.7.1.1. TV
- 11.7.1.2. Laptop & Computer
- 11.7.1.3. Smartphones
- 11.7.1.4. Smart watches
- 11.7.1.5. Speakers
- 11.7.1.6. Digital Camera & Camcorder
- 11.7.1.7. Others (E-reader, etc.)
- 11.7.2. Large Electronics Appliances
- 11.7.2.1. Refrigerator
- 11.7.2.2. Air Conditioner
- 11.7.2.3. Air Purifier
- 11.7.2.4. Others (Dishwasher, Washing Machine, etc.)
- 11.7.3. Small Electronics Appliances
- 11.7.3.1. Microwave Ovens
- 11.7.3.2. Food Processors
- 11.7.3.3. Electric Fans
- 11.7.3.4. Vacuum Cleaner
- 11.7.3.5. Others (Electric Iron, Steamers, etc.)
- 11.7.4. Personal Care Products
- 11.7.4.1. Hair Care Appliances (Straighteners, Dryers etc.)
- 11.7.4.2. Hair Removal Appliances (Epilators, Trimmers, Shavers etc.)
- 11.7.4.3. Others (Massager, Oral Care, etc.)
- 11.8. Electrical Appliances Market Size (US$ Bn and Million Units), By Operation, 2020-2034
- 11.8.1. Semi-Automatic
- 11.8.2. Automatic
- 11.9. Electrical Appliances Market Size (US$ Bn and Million Units), By End User, 2020-2034
- 11.9.1. Residential
- 11.9.2. Commercial
- 11.10. Electrical Appliances Market Size (US$ Bn and Million Units), By Distribution Channel, 2020-2034
- 11.10.1. Online
- 11.10.1.1. E-Commerce Websites
- 11.10.1.2. Company Owned Websites
- 11.10.2. Offline
- 11.10.2.1. Supermarket/Hypermarket
- 11.10.2.2. Departmental Store
- 11.10.2.3. Others
- 11.11. Electrical Appliances Market Size (US$ Bn and Million Units), By Country, 2020-2034
- 11.11.1. U.S.
- 11.11.2. Canada
- 11.11.3. Rest of North America
- 11.12. Incremental Opportunity Analysis
12. Europe Electrical Appliances Market Analysis and Forecast
- 12.1. Regional Snapshot
- 12.2. Key Trend Analysis
- 12.3. Demographic Overview
- 12.4. Market Share Analysis (%)
- 12.5. Consumer Buying Behavior Analysis
- 12.6. Operation Trend Analysis
- 12.6.1. Weighted Average Selling Operation (US$)
- 12.7. Electrical Appliances Market Size (US$ Bn and Million Units), By Type, 2020-2034
- 12.7.1. Audio & Video Equipment
- 12.7.1.1. TV
- 12.7.1.2. Laptop & Computer
- 12.7.1.3. Smartphones
- 12.7.1.4. Smart watches
- 12.7.1.5. Speakers
- 12.7.1.6. Digital Camera & Camcorder
- 12.7.1.7. Others (E-reader, etc.)
- 12.7.2. Large Electronics Appliances
- 12.7.2.1. Refrigerator
- 12.7.2.2. Air Conditioner
- 12.7.2.3. Air Purifier
- 12.7.2.4. Others (Dishwasher, Washing Machine, etc.)
- 12.7.3. Small Electronics Appliances
- 12.7.3.1. Microwave Ovens
- 12.7.3.2. Food Processors
- 12.7.3.3. Electric Fans
- 12.7.3.4. Vacuum Cleaner
- 12.7.3.5. Others (Electric Iron, Steamers, etc.)
- 12.7.4. Personal Care Products
- 12.7.4.1. Hair Care Appliances (Straighteners, Dryers etc.)
- 12.7.4.2. Hair Removal Appliances (Epilators, Trimmers, Shavers etc.)
- 12.7.4.3. Others (Massager, Oral Care, etc.)
- 12.8. Electrical Appliances Market Size (US$ Bn and Million Units), By Operation, 2020-2034
- 12.8.1. Semi-Automatic
- 12.8.2. Automatic
- 12.9. Electrical Appliances Market Size (US$ Bn and Million Units), By End User, 2020-2034
- 12.9.1. Residential
- 12.9.2. Commercial
- 12.10. Electrical Appliances Market Size (US$ Bn and Million Units), By Distribution Channel, 2020-2034
- 12.10.1. Online
- 12.10.1.1. E-Commerce Websites
- 12.10.1.2. Company Owned Websites
- 12.10.2. Offline
- 12.10.2.1. Supermarket/Hypermarket
- 12.10.2.2. Departmental Store
- 12.10.2.3. Others
- 12.11. Electrical Appliances Market Size (US$ Bn and Million Units), By Country, 2020-2034
- 12.11.1. Germany
- 12.11.2. U.K.
- 12.11.3. France
- 12.11.4. Italy
- 12.11.5. Spain
- 12.11.6. The Netherlands
- 12.11.7. Rest of Europe
- 12.12. Incremental Opportunity Analysis
13. Asia Pacific Electrical Appliances Market Analysis and Forecast
- 13.1. Regional Snapshot
- 13.2. Key Trend Analysis
- 13.3. Demographic Overview
- 13.4. Market Share Analysis (%)
- 13.5. Consumer Buying Behavior Analysis
- 13.6. Operation Trend Analysis
- 13.6.1. Weighted Average Selling Operation (US$)
- 13.7. Electrical Appliances Market Size (US$ Bn and Million Units), By Type, 2020-2034
- 13.7.1. Audio & Video Equipment
- 13.7.1.1. TV
- 13.7.1.2. Laptop & Computer
- 13.7.1.3. Smartphones
- 13.7.1.4. Smart watches
- 13.7.1.5. Speakers
- 13.7.1.6. Digital Camera & Camcorder
- 13.7.1.7. Others (E-reader, etc.)
- 13.7.2. Large Electronics Appliances
- 13.7.2.1. Refrigerator
- 13.7.2.2. Air Conditioner
- 13.7.2.3. Air Purifier
- 13.7.2.4. Others (Dishwasher, Washing Machine, etc.)
- 13.7.3. Small Electronics Appliances
- 13.7.3.1. Microwave Ovens
- 13.7.3.2. Food Processors
- 13.7.3.3. Electric Fans
- 13.7.3.4. Vacuum Cleaner
- 13.7.3.5. Others (Electric Iron, Steamers, etc.)
- 13.7.4. Personal Care Products
- 13.7.4.1. Hair Care Appliances (Straighteners, Dryers etc.)
- 13.7.4.2. Hair Removal Appliances (Epilators, Trimmers, Shavers etc.)
- 13.7.4.3. Others (Massager, Oral Care, etc.)
- 13.8. Electrical Appliances Market Size (US$ Bn and Million Units), By Operation, 2020-2034
- 13.8.1. Semi-Automatic
- 13.8.2. Automatic
- 13.9. Electrical Appliances Market Size (US$ Bn and Million Units), By End User, 2020-2034
- 13.9.1. Residential
- 13.9.2. Commercial
- 13.10. Electrical Appliances Market Size (US$ Bn and Million Units), By Distribution Channel, 2020-2034
- 13.10.1. Online
- 13.10.1.1. E-Commerce Websites
- 13.10.1.2. Company Owned Websites
- 13.10.2. Offline
- 13.10.2.1. Supermarket/Hypermarket
- 13.10.2.2. Departmental Store
- 13.10.2.3. Others
- 13.11. Electrical Appliances Market Size (US$ Bn and Million Units), By Country, 2020-2034
- 13.11.1. China
- 13.11.2. India
- 13.11.3. Japan
- 13.11.4. Australia
- 13.11.5. South Korea
- 13.11.6. ASEAN
- 13.11.7. Rest of Asia Pacific
- 13.12. Incremental Opportunity Analysis
14. Middle East & Africa Electrical Appliances Market Analysis and Forecast
- 14.1. Regional Snapshot
- 14.2. Key Trend Analysis
- 14.3. Demographic Overview
- 14.4. Market Share Analysis (%)
- 14.5. Consumer Buying Behavior Analysis
- 14.6. Operation Trend Analysis
- 14.6.1. Weighted Average Selling Operation (US$)
- 14.7. Electrical Appliances Market Size (US$ Bn and Million Units), By Type, 2020-2034
- 14.7.1. Audio & Video Equipment
- 14.7.1.1. TV
- 14.7.1.2. Laptop & Computer
- 14.7.1.3. Smartphones
- 14.7.1.4. Smart watches
- 14.7.1.5. Speakers
- 14.7.1.6. Digital Camera & Camcorder
- 14.7.1.7. Others (E-reader, etc.)
- 14.7.2. Large Electronics Appliances
- 14.7.2.1. Refrigerator
- 14.7.2.2. Air Conditioner
- 14.7.2.3. Air Purifier
- 14.7.2.4. Others (Dishwasher, Washing Machine, etc.)
- 14.7.3. Small Electronics Appliances
- 14.7.3.1. Microwave Ovens
- 14.7.3.2. Food Processors
- 14.7.3.3. Electric Fans
- 14.7.3.4. Vacuum Cleaner
- 14.7.3.5. Others (Electric Iron, Steamers, etc.)
- 14.7.4. Personal Care Products
- 14.7.4.1. Hair Care Appliances (Straighteners, Dryers etc.)
- 14.7.4.2. Hair Removal Appliances (Epilators, Trimmers, Shavers etc.)
- 14.7.4.3. Others (Massager, Oral Care, etc.)
- 14.8. Electrical Appliances Market Size (US$ Bn and Million Units), By Operation, 2020-2034
- 14.8.1. Semi-Automatic
- 14.8.2. Automatic
- 14.9. Electrical Appliances Market Size (US$ Bn and Million Units), By End User, 2020-2034
- 14.9.1. Residential
- 14.9.2. Commercial
- 14.10. Electrical Appliances Market Size (US$ Bn and Million Units), By Distribution Channel, 2020-2034
- 14.10.1. Online
- 14.10.1.1. E-Commerce Websites
- 14.10.1.2. Company Owned Websites
- 14.10.2. Offline
- 14.10.2.1. Supermarket/Hypermarket
- 14.10.2.2. Departmental Store
- 14.10.2.3. Others
- 14.11. Electrical Appliances Market Size (US$ Bn and Million Units), By Country, 2020-2034
- 14.11.1. UAE
- 14.11.2. Saudi Arabia
- 14.11.3. Qatar
- 14.11.4. Kuwait
- 14.11.5. Nigeria
- 14.11.6. South Africa
- 14.11.7. Rest of Middle East & Africa
- 14.12. Incremental Opportunity Analysis
15. South America Electrical Appliances Market Analysis and Forecast
- 15.1. Regional Snapshot
- 15.2. Regional Snapshot
- 15.3. Key Trend Analysis
- 15.4. Demographic Overview
- 15.5. Market Share Analysis (%)
- 15.6. Consumer Buying Behavior Analysis
- 15.7. Operation Trend Analysis
- 15.7.1. Weighted Average Selling Operation (US$)
- 15.8. Electrical Appliances Market Size (US$ Bn and Million Units), By Type, 2020-2034
- 15.8.1. Audio & Video Equipment
- 15.8.1.1. TV
- 15.8.1.2. Laptop & Computer
- 15.8.1.3. Smartphones
- 15.8.1.4. Smart watches
- 15.8.1.5. Speakers
- 15.8.1.6. Digital Camera & Camcorder
- 15.8.1.7. Others (E-reader, etc.)
- 15.8.2. Large Electronics Appliances
- 15.8.2.1. Refrigerator
- 15.8.2.2. Air Conditioner
- 15.8.2.3. Air Purifier
- 15.8.2.4. Others (Dishwasher, Washing Machine, etc.)
- 15.8.3. Small Electronics Appliances
- 15.8.3.1. Microwave Ovens
- 15.8.3.2. Food Processors
- 15.8.3.3. Electric Fans
- 15.8.3.4. Vacuum Cleaner
- 15.8.3.5. Others (Electric Iron, Steamers, etc.)
- 15.8.4. Personal Care Products
- 15.8.4.1. Hair Care Appliances (Straighteners, Dryers etc.)
- 15.8.4.2. Hair Removal Appliances (Epilators, Trimmers, Shavers etc.)
- 15.8.4.3. Others (Massager, Oral Care, etc.)
- 15.9. Electrical Appliances Market Size (US$ Bn and Million Units), By Operation, 2020-2034
- 15.9.1. Semi-Automatic
- 15.9.2. Automatic
- 15.10. Electrical Appliances Market Size (US$ Bn and Million Units), By End User, 2020-2034
- 15.10.1. Residential
- 15.10.2. Commercial
- 15.11. Electrical Appliances Market Size (US$ Bn and Million Units), By Distribution Channel, 2020-2034
- 15.11.1. Online
- 15.11.1.1. E-Commerce Websites
- 15.11.1.2. Company Owned Websites
- 15.11.2. Offline
- 15.11.2.1. Supermarket/Hypermarket
- 15.11.2.2. Departmental Store
- 15.11.2.3. Others
- 15.12. Electrical Appliances Market Size (US$ Bn and Million Units), By Country, 2020-2034
- 15.12.1. Brazil
- 15.12.2. Argentina
- 15.12.3. Rest of South America
- 15.13. Incremental Opportunity Analysis
16. Competition Landscape
- 16.1. Market Player - Competition Dashboard
- 16.2. Market Share Analysis (%), 2023
- 16.3. Company Profiles
- 16.3.1. Haier Group Corporation
- 16.3.1.1. Company Overview
- 16.3.1.2. Sales Area/Geographical Presence
- 16.3.1.3. Product Portfolio
- 16.3.1.4. Key Financials
- 16.3.1.5. Strategy & Business Overview
- 16.3.2. LG Electronics Inc.
- 16.3.2.1. Company Overview
- 16.3.2.2. Sales Area/Geographical Presence
- 16.3.2.3. Product Portfolio
- 16.3.2.4. Key Financials
- 16.3.2.5. Strategy & Business Overview
- 16.3.3. Samsung Electronics Co., Ltd.
- 16.3.3.1. Company Overview
- 16.3.3.2. Sales Area/Geographical Presence
- 16.3.3.3. Product Portfolio
- 16.3.3.4. Key Financials
- 16.3.3.5. Strategy & Business Overview
- 16.3.4. Whirlpool Corporation
- 16.3.4.1. Company Overview
- 16.3.4.2. Sales Area/Geographical Presence
- 16.3.4.3. Product Portfolio
- 16.3.4.4. Key Financials
- 16.3.4.5. Strategy & Business Overview
- 16.3.5. Panasonic Corporation
- 16.3.5.1. Company Overview
- 16.3.5.2. Sales Area/Geographical Presence
- 16.3.5.3. Product Portfolio
- 16.3.5.4. Key Financials
- 16.3.5.5. Strategy & Business Overview
- 16.3.6. Electrolux AB
- 16.3.6.1. Company Overview
- 16.3.6.2. Sales Area/Geographical Presence
- 16.3.6.3. Product Portfolio
- 16.3.6.4. Key Financials
- 16.3.6.5. Strategy & Business Overview
- 16.3.7. Midea Group Co., Ltd.
- 16.3.7.1. Company Overview
- 16.3.7.2. Sales Area/Geographical Presence
- 16.3.7.3. Product Portfolio
- 16.3.7.4. Key Financials
- 16.3.7.5. Strategy & Business Overview
- 16.3.8. Hitachi, Ltd.
- 16.3.8.1. Company Overview
- 16.3.8.2. Sales Area/Geographical Presence
- 16.3.8.3. Product Portfolio
- 16.3.8.4. Key Financials
- 16.3.8.5. Strategy & Business Overview
- 16.3.9. Bosch Home Appliances (BSH Hausgerate GmbH)
- 16.3.9.1. Company Overview
- 16.3.9.2. Sales Area/Geographical Presence
- 16.3.9.3. Product Portfolio
- 16.3.9.4. Key Financials
- 16.3.9.5. Strategy & Business Overview
- 16.3.10. Toshiba Corporation
- 16.3.10.1. Company Overview
- 16.3.10.2. Sales Area/Geographical Presence
- 16.3.10.3. Product Portfolio
- 16.3.10.4. Key Financials
- 16.3.10.5. Strategy & Business Overview
- 16.3.11. Other Key Players
- 16.3.11.1. Company Overview
- 16.3.11.2. Sales Area/Geographical Presence
- 16.3.11.3. Product Portfolio
- 16.3.11.4. Key Financials
- 16.3.11.5. Strategy & Business Overview
17. Go To Market Strategy