Albany, NY -- (SBWIRE) -- 07/05/2016 -- About the Dishwashers Market in the US

Higher GNI, high spending capacity of higher income groups in the US, and a country that has dense population of early technology adopters makes the US an attractive market for technologically advanced home appliances. The demand for home appliances has increased considerably in the US in the last few years, owing to the increase in the replacement purchases, mostly triggered by expiry of product lifespan. However, a significant number of replacement purchases also take place for replacing older models with technologically advanced and improved product offerings.

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The need for a better lifestyle and more convenience has given rise to the demand for unique products worldwide. With growing digitalization, consumers are becoming tech-savvy and have strong knowledge regarding the usage and benefits of all modern appliances. Vendors are focusing on expanding their product lines and developing innovative products with the help of the latest advances in technology so as to attain a competitive advantage over their counterparts and to enhance their customer base.

Technavios analysts forecast the Dishwasher Market in the US to grow at a CAGR of 4.03% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the dishwasher market in the US for 2016-2020. To calculate the market size, Technavio considers the value of shipments of the types of dishwashers for the residential segment which include built-in dishwashers, and free-standing dishwashers.

Technavio's report, Dishwashers Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Electrolux
GE
Robert Bosch
Whirlpool

Other prominent vendors

AGA Rangemaster Group
Arelik
Asko Appliances AB
Decor
Fagor America
Haier
Kenmore
LG Electronics
Miele
Samsung
Smeg
Viking Range

Market driver
Changing kitchen designs
For a full, detailed list, view our report

Market challenge
Infrequent purchases
For a full, detailed list, view our report

Market trend
Growing market for smart and technologically advanced dishwashers
For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

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