U.S. Major Appliances Market Size & Outlook, 2024-2030
The major appliances market in the United States is expected to reach a projected revenue of US$ 85,133.7 million by 2030. A compound annual growth rate of 2.7% is expected of the United States major appliances market from 2025 to 2030.
Revenue, 2024 (US$M)
$72,772.0
Forecast, 2030 (US$M)
$85,133.7
CAGR, 2025 - 2030
2.7%
Report Coverage
U.S.
U.S. major appliances market, 2018-2030 (US$M)
Related Markets
U.S. major appliances market highlights
- The U.S. major appliances market generated a revenue of USD 71,277.1 million in 2023 and is expected to reach USD 85,133.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 2.6% from 2024 to 2030.
- In terms of segment, refrigerators was the largest revenue generating product in 2023.
- Air Conditioners is the most lucrative product segment registering the fastest growth during the forecast period.
Major appliances market data book summary
| Market revenue in 2023 | USD 71,277.1 million |
| Market revenue in 2030 | USD 85,133.7 million |
| Growth rate | 2.6% (CAGR from 2023 to 2030) |
| Largest segment | Refrigerators |
| Fastest growing segment | Air Conditioners |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Washing Machines, Cooktops, Cooking Ranges, Dishwashers, Refrigerators, Air Conditioners, Microwaves & Ovens, Vacuum Cleaners |
| Key market players worldwide | Whirlpool Corp, Electrolux AB ADR, Samsung Electronics Co Ltd, LG Electronics Inc ADR, Haier Smart Home Co Ltd ADR, Panasonic Holdings Corp, Miele, Bosch, Daikin Industries Ltd, Sharp Corp, IRobot Corp, Midea Group |
Other key industry trends
- In terms of revenue, U.S. accounted for 18.7% of the global major appliances market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. major appliances market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 5,543.1 million by 2030.
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Major Appliances Market Scope
Major appliances market segmentation & scope
Others
Major Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. major appliances market size, by product, 2018-2030 (US$M)
U.S. Major Appliances Market Outlook Share, 2024 & 2030 (US$M)
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