Albany, NY -- (SBWIRE) -- 09/28/2016 -- Inverter technology was developed in Japan and is being used in many household appliances such as air conditioners and refrigerators. Inverter compressors are mainly used in refrigerators to:

- Vary the speed of the motor so as to control the cooling capacity as per requirement
- Save more electricity (around 30%-50%) than conventional refrigerators available in the market

The global inverter technology refrigerators market to grow at a CAGR of 11.44% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global inverter technology refrigerators market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail outlets.

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The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA

Technavio's report, Global Inverter Technology Refrigerators Market 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.

Key vendors
- Hitachi
- LG Electronics
- Panasonic
- Samsung Electronics

Other prominent vendors
- Arelik
- Godrej
- Haier
- Hisense
- Midea
- Mitsubishi Electric
- Robert Bosch
- Toshiba
- Whirlpool

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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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