The Europe touch screen for household appliances market is expected to grow from US$ 146.0 million in 2020 to US$ 402.3 million by 2028; it is estimated to grow at a CAGR of 13.0% from 2021 to 2028.
Germany, Russia, France, the UK, Turkey, and Italy are the major countries in Europe known for large-scale industrialization and urbanization. Increasing adoption of household appliances such as refrigerators, ovens, coffee machines, and washing machines among individuals is fueling the integration of touchscreen feature. Further, upsurge in IoT-based applications and the availability of better internet infrastructure have enabled the end users to procure kitchen appliances equipped with smart and distinct features, which, in turn, has propelled the integration of touchscreen.
Germany dominated the Europe touch screen for household appliances market in 2020. Improving internet infrastructure in the country is helping consumers to opt for intelligent appliances for cooking, as it benefits them in accessing and controlling the devices and appliances from remote location using internet connection. Home automation and IoT are creating a lot of buzz in the ICT industry. From wood-fired hearths to charming oven and stoves are now Wi-Fi-enabled and connected to the internet. The country witnesses the footprint of companies such as BSH Hausgeräte GmbH; Liebherr; Ningbo Rooma Electric Co., Ltd; and Miele, which plays a positive role in influencing the market growth. For instance, Liebherr designed a next generation home refrigerator: Monolith. This refrigerator comprises energy efficiency cooling technology and features such as BioFresh-Plus, PowerCooling, and InfinitySwipe touchscreen display. Presence of such companies in Germany is projected to contribute toward the market growth.
Russia, Italy, Germany, the UK, and France are among the worst affected member states in Europe due to the COVID-19 outbreak. The region is a significant manufacturing and industrial hub for several industries, such as industrial equipment, automotive, construction, and energy & power. However, owing to shutdowns of businesses, including manufacturing, supply chain, logistics, and after sales services, and research and development activities, the region has witnessed a decline in the industries mentioned above. Moreover, lockdown measures to curb the spread of the novel coronavirus have disrupted the manufacturing of household appliances. In 2019, over 140 household appliances manufacturing units were established in countries such as Italy, France, Germany, Poland, and Turkey. Each location had more than 10 manufacturing units in their territory. However, owing to travel bans and temporary shutdown of manufacturing units, the household appliances manufacturing has witnessed a decline and has resulted in a drastic decrease in the adoption of household appliances. Decrease in production of basic components, such as compressor, thermostat, water pump, paddles, convection fan, and fan blade, and advanced products such as sensors and screen, resulted in the reduction of the entire manufacturing of household appliances. Turkey, Russia, Switzerland, and Norway are the among prominent export destinations of both large and small appliances.
Europe Touch Screen for Household Appliances Market Revenue and Forecast to 2028 (US$ Mn)
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Europe Touch Screen for Household Appliances Market Segmentation
Europe Touch Screen for Household Appliances Market – by Display Technology
- Resistive
- Capacitive
Europe Touch Screen for Household Appliances Market – by Product
- Refrigerators
- Washing Machines
- Dishwashers
- Ovens and Microwave
- Coffee Machines
Europe Touch Screen for Household Appliances Market – by Display Size
- Less than 7 Inch
- 7 Inch and Above
Europe Touch Screen for Household Appliances Market – by Country
- Germany
- France
- Italy
- United Kingdom
- Turkey
- Russia
- Rest of Europe
Europe Touch Screen for Household Appliances Market -Companies Mentioned
- Arçelik A.Ş.
- BSH Hausgeräte GmbH
- De’ Longhi Appliances S.r.l.
- Electrolux AB
- Groupe SEB
- Haier Inc
- LG Electronics
- Miele
- Smeg S.p.A.
- Whirlpool Corporation
- Vestel
- Samsung
Europe Touch Screen for Household Appliances Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2020 | US$ 146.0 Million |
| Market Size by 2028 | US$ 402.3 Million |
| Global CAGR (2021 - 2028) | 13.0% |
| Historical Data | 2018-2019 |
| Forecast period | 2021-2028 |
| Segments Covered |
By Display Technology
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Display Technology, Product, and Display Size
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
France, Germany, Italy, Russian Federation, Turkey, United Kingdom
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The List of Companies - Europe Touch Screen for Household Appliances Market
- Arçelik A.?.
- BSH Hausgeräte GmbH
- De’ Longhi Appliances S.r.l.
- Electrolux AB
- Groupe SEB
- Haier Inc
- LG Electronics
- Miele
- Smeg S.p.A.
- Whirlpool Corporation
- Vestel
- Samsung.
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