Electric Household Appliances Market Share

Electric Household Appliances Market Share

Industry players include

• LG
• Samsung
• Electrolux
• Whirlpool Corporation
• Siemens AG
• Walton Group

Due to increasing demand for energy-efficient products, these industry participants are actively developing devices with more features such as temperature detection. R&D activities are also quite prevalent throughout the market.
 

Various programs, such as the home energy action program, are being undertaken by the government bodies to deliver energy-efficient devices to low-income households. With countries directed toward minimizing the carbon emissions levels, several programs and policies are boosting innovations in product development efforts.