Bergur Thormundsson
Research expert covering technology in the Nordics, AI and smart cities
Get in touch with us nowConsumption of home appliances
Households in the United States spend around 450 U.S. dollars per year on major appliances and an additional 140 U.S. dollars on small appliances. The most owned household appliances in the United States are microwaves, refrigerators, vacuum cleaners, cookers/ovens, and washing machines with a household ownership rate of more than 78 percent across all categories. Small appliances such as toasters, food processors, juicers, and coffee machines are also commonly owned with ownership rates of above 70 percent.Appliances imports outweigh exports in the United States
The United States’ trade balance for household appliances shows that the country’s imports of household and kitchen appliances are more than five times as high as the value of home appliances exports. As imports have grown by nearly 75 percent over the last ten years, U.S. exports have mostly stagnated or even decreased over the same time.Smart home and appliances are forecast to grow
A growing segment within the household appliance industry is the smart kitchen appliance market. Around 13 percent of households in the United States already own a small or major smart appliance. This number is projected to grow in line with the growing shipments and penetration rate of smart home devices in general.
