Major appliance manufacturing revenue in the U.S. 2010-2022

Whirlpool and AB Electrolux dominated the U.S. home appliance market in 2013, with shares of around 40% and 24% respectively. The situation has changed considerably over the last decade with Samsung and LG Electronics now not only ruling the U.S. but also the global market, with Haier being another major player. These companies control much of the revenue generation in the market, with their brand image and the intrinsic capital intensive nature of the industry, making it difficult for new players to enter the market.

Revenues related to appliance manufacturing in the U.S. are expected to increase from 18.9 billion U.S. dollars in 2017 to 20.5 billion U.S. dollars by 2023. Cooking appliances, home laundry appliances and dishwashers are the three largest categories in this segment.

Global industry witnessing much consolidation

The global major home appliance industry continues to witness much consolidation within the top 10 companies which were responsible for over 65% of total unit shipments in 2017. This is primarily because major players are looking to not only expand their geographical footprint but enter into new segments and inorganic growth is a proven strategy to achieve that. A recent example is Chinese company Hisense Group’s acquisition of Slovenian appliance manufacturer Gorenje; a deal that also had Haier Group, Midea Group and Hefei Meiling in the running.

Major appliance manufacturing revenue in the U.S. 2010-2022

Exclusive Corporate Account feature

To view this statistic you need a Corporate Account, which includes the following benefits

  • Access to all content
  • Download as XLS, PPT, PNG and PDF
  • Detailed source and background information
Corporate Account
$700 per month*
(billed annually)
* All products require an annual contract; Prices do not include sales tax.
Show detailed source information?
Register for free
Already a member?
Log in

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

The industry classification is based on the NAICS 12 - system in the U.S.. The industry “major appliance manufacturing“ has the code “33522“.

Details on the methodology can be found here.

Please visit here for more information on Statista market forecasts.

Use Statista now: unlimited access to all content

Statistics on "Haier Group"

Further Content: You might find this interesting as well


Use Statista now: unlimited access to all content
Learn more about how Statista can support your business.