PPT-Kitchen Appliances Market: Global Market Insights, Inc.

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Kitchen Appliances Market 2012 2023
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Global Market Scenario of Kitchen Appliances

• Kitchen appliances market size was USD 178.62
  billion in 2015, which is forecast to gain at
  4.4 CAGR from 2016 to 2023.
• Increasing adoption of refrigerators, induction
  cook tops, and microwave ovens as a substitute to
  the conventional ways of cooking is estimated to
  be the key driver.
• These appliances witness considerable penetration
  across regional industries. Upgrade of existing
  equipment coupled with favorable global kitchen
  appliances market price trend is forecast to fuel
  adoption.
• Growing popularity of induction technology is an
  attractive opportunity for industry participants.
• https//www.gminsights.com/industry-analysis/kitch
  en-appliances-market

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Continue.....

• Technology advancements have resulted in the
  development of smart equipment that has touch
  screen and LCD displays for improving aesthetics
  and control. They are also equipped with internet
  connectivity and are part of the IoT network,
  which enables monitoring with live video stream
  and updates using smartphone applications.
• Manufacturers either procure parts and components
  from other third party suppliers or OEMs or
  manufacture them at their facilities. There
  exists high degree of integration between the raw
  material supplier and the consumer electronics
  appliances manufacturer. Companies now have
  access to various distribution channels other
  than retailing, which helps in expanding their
  reach to the customer.
• Strong product portfolio and efficient
  after-sales services are among the key buying
  criteria for consumers. Since the customer base
  is diverse in nature, incumbent participants have
  well-established presence and partake in
  considerable marketing activities.
• https//www.gminsights.com/industry-analysis/kitch
  en-appliances-market

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Europe kitchen appliances market size, by
application, 2012 - 2023 (USD Billion)

https//www.gminsights.com/industry-analysis/kitch
en-appliances-market
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360 Analysis

• Application Analysis
• Residential kitchen appliances market size is set
  to surpass USD 150 billion by 2023. Since
  products such as refrigerators and cook tops are
  indispensable in households, the segment is
  projected to exhibit steady growth through the
  forecast timeframe.
•  
• Regional Analysis
• U.S. kitchen appliances market was the largest
  regional industry in 2015. Europe is expected to
  be one of the key industries, owing to the
  increasing use of products which are environment
  friendly and ergonomic.  
• Competitive Market Share
• LG Electronics, Haier, Samsung Electronics, and
  Whirlpool Corporation accounted for significant
  global kitchen appliances market share in 2015.
  Other companies include Electrolux, Panasonic,
  Philips, Robert Bosch, etc.

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Latest Research Report On Kitchen appliances
Market _at_ https//www.gminsights.com/industry-analy
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