DUBLIN--(BUSINESS WIRE)--The "Residential Washing Machine Market by Product (Fully Automatic, Semi-automatic, and Dryer) and Machine Capacity (Below 6 Kg, Between 6 and 8 Kg, and 8 Kg & Above) - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.
Residential washing machine is a household appliance used to wash laundry. The components of a washing machine include a motor connected to the barrel through a transmission belt that contains the agitator. The spinning of the agitator creates centrifugal force, which helps in the removal of water from the laundry along with dirt. A washing machine is an essential household appliance, as it provides an easy and convenient laundering option.
The major factors that drive the global residential washing machine industry include increase in number of working women, thereby contributing to higher disposable income coupled with insufficient time for laundry, and rapid urbanization. In addition, decrease in selling price of the residential washing machine is expected to fuel the demand. However, laundry shops that provide better laundry service compared to washing machine and increase in online laundry services limit the market growth. Technological progress in washing machine technology and innovation has led to better washing machine which saves energy and water consumption, thereby presenting a major opportunity for growth of global residential washing machine market size.
Global residential washing machine market is segmented on the basis of product, machine capacity, and geography. By product, it is categorized into fully automatic, semi-automatic, and dryer. Based on machine capacity, it is divided into below 6 kg, between 6 and 8 kg, and 8 kg & above.
- Samsung Group
- LG Electronics Inc.
- Siemens AG
- Haier Group Corporation
- AB Electrolux
- Whirlpool Corporation
- Robert Bosch GmbH
- Miele and Cie. KG
- Panasonic Corporation
- GE Appliances
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Residential Washing Machine Market, By Product Type
Chapter 5 Residential Washing Machine Market, By Machine Capacity
Chapter 6 Residential Washing Machine Market, By Geography
Chapter 7. Company Profiles
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