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US Small Household Appliances Market Analysis Report 2021 Featuring Samsung, Panasonic, Haier, and LG

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Dublin, Aug. 25, 2021 (GLOBE NEWSWIRE) — The “The US Small Household Appliances Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025 Edition)” report has been added to ResearchAndMarkets.com’s offering.

This report provides an in-depth analysis of the United States’ small household appliances market, with a description of market sizing and growth.

The household appliances also have a major role in the stylish appearance of any home decor. Some of the major appliances used in every household include refrigerators, mixer grinder, gas stove, pressure cooker, television, air conditioner, music players, home theatre, digital players, ceiling fan, air purifier, vacuum cleaners, iron boxes, water purifier, water heater, digital clocks, etc.

The US small household appliances market has surged at a progressive rate over the years and the market is further expected to propel during the forecasted years 2021 to 2025.

The market would surge owing to different growth drivers like growing number of single person households, rise in disposable income, surging urban population, growth in number of smart homes, rising millennial population, surging online sales of small household appliances, surging smart sensors demand, rising demand for energy optimization, etc.

However, the market faces some challenges which are hampering its growth. Some of the major challenges faced by the industry are: increased tariffs on raw materials, rising privacy threats, and changing regulations Whereas, the market growth would be further supported by various market trends like cloud technology, rising artificial intelligence technology, surging adoption of Internet of Things (IoT), growing influence of social media, and introduction of innovative small household appliances.

Moreover, the report assesses the key opportunities in the market and outlines the factors that are and would be driving the growth of the industry. Growth of the overall US small household appliances market has also been forecasted for the years 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Some of the major players operating in the US small household appliances market are Samsung Group (Samsung Electronics), Panasonic Corporation, Haier (Haier Smart Home Co. Ltd.), and LG Corp. (LG Electronics), whose company profiling has been done in the report. Furthermore, in this segment of the report, business overview, financial overview and business strategies of the respective companies are also provided.

Key Topics Covered:

1. Executive Summary

2. Introduction

2.1 Household Appliances: An Overview
2.2 Testing & Certification of Household Appliances
2.3 Small Household Appliances: An Overview
2.4 Small Household Appliances Segmentation

3. The US Market Analysis

3.1 The US Small Household Appliances Market: An Analysis
3.1.1 The US Small Household Appliances Market by Value
3.1.2 The US Small Household Appliances Market by Volume
3.1.3 The US Small Household Appliances Market by Category (Cooking, Home Environment, Food Preparation, and Personal Care)
3.1.4 The US Small Household Appliances Market by Products (Small Kitchen Appliances, Vacuum Cleaners, Grills & Roasters, Coffee Machines, Microwave Ovens, Irons, Hair Clippers, Toasters, Hair Dryers and Electric Kettles)
3.1.5 The US Small Household Appliances Market Volume by Products (Small Kitchen Appliances, Grills & Roasters, Vacuum Cleaners, Coffee Machines, Hair Clippers, Hair Dryers, Toasters, Irons, Microwave Ovens and Electric Kettles)
3.1.6 The US Small Household Appliances Market by Distribution Channel (Online and Others)
3.2 The US Small Household Appliances Market: Category Analysis
3.2.1 The US Home Environment Appliances Market by Value
3.2.2 The US Cooking Appliances Market by Value
3.2.3 The US Food Preparation Appliances Market by Value
3.2.4 The US Personal Care Appliances Market by Value
3.3 The US Small Household Appliances Market: Product Analysis
3.3.1 The US Vacuum Cleaners Market
3.3.2 The US Small Kitchen Appliances Market
3.3.3 The US Grills & Roasters Market
3.3.4 The US Coffee Machines Market
3.3.5 The US Microwave Ovens Market
3.3.6 The US Electric Iron Market
3.3.7 The US Toasters Market
3.3.8 The US Hair Dryers Market
3.3.9 The US Electric Kettles Market
3.3.10 The US Hair Clippers Market
3.4 The US Small Household Appliances Market: Distribution Channel Analysis
3.4.1 The US Online Small Household Appliances Sales by Value
3.4.2 The US Other Platform Small Household Appliances Sales by Value

4. COVID-19

4.1 Impact of COVID-19
4.2 Impact of COVID-19 on Online Sales
4.3 Impact of COVID-19 on Store Sales
4.4 Impact of COVID-19 on Total Retail Sales

5. Market Dynamics

5.1 Growth Drivers
5.1.1 Growing Number of Single-Person Households
5.1.2 Rise in Disposable Income
5.1.3 Surging Urban Population
5.1.4 Growth in Number of Smart Homes
5.1.5 Rising Millennial Population
5.1.6 Surging Online Sales of Small Household Appliances
5.1.7 Surging Smart Sensors Demand
5.1.8 Rising Demand for Energy Optimization
5.2 Challenges
5.2.1 Increased Tariffs on Raw Materials
5.2.2 Rising Privacy Threats
5.2.3 Changing Regulations
5.3 Market Trends
5.3.1 Cloud Technology
5.3.2 Rising Artificial Intelligence Technology
5.3.3 Surge in Adoption of Internet of Things (IoT)
5.3.4 Growing Influence of Social Media
5.3.5 Introduction of Innovative Small Household Appliances

6. Competitive Landscape

6.1 The US Small Household Appliances Market Players: A Financial Comparison
6.2 The US Small Household Appliances Market Players’ by Research & Development Expenditure

7. Company Profiles

  • Samsung Group (Samsung Electronics)
  • Panasonic Corporation
  • Haier (Haier Smart Home Co. Ltd.)
  • LG Corp. (LG Electronics)

For more information about this report visit https://www.researchandmarkets.com/r/h3bhpe


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Computime announces the launch of one of the first true Matter thermostats

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HONG KONG, May 27, 2024 /PRNewswire/ — Computime Group, a leading innovator in manufacturing, branded products and technology solutions, is proud to announce the upcoming launch of one of the first true Matter thermostats. This milestone highlights our commitment to pioneering smart home technology and providing our OEM and ODM customers with state-of-the-art solutions. 

Matter is set to revolutionize the Internet of Things (IoT) landscape as the next-generation standard for connected devices. Developed by the Connectivity Standards Alliance, Matter offers an open, universal protocol that is not bound to any single ecosystem, providing consumers with unparalleled freedom and flexibility. It ensures privacy-sensitive, secure, and reliable local controls without the need for cloud dependency, addressing the growing demand for enhanced privacy and security in smart home devices. 
The key principles driving Matter’s development include simplicity, reliability, interoperability, and security. By ensuring that all Matter-certified devices work seamlessly together, Matter eliminates the complexities often associated with smart home technology. This leads to greater compatibility, easier setup, and more robust user experiences across various device types, including thermostats.
Computime’s Matter thermostat represents a significant advancement in smart home technology, providing our customers with cutting-edge solutions and a short lead time to market, to meet the growing demand for interconnected and efficient home environments. We invite our customers to explore the capabilities of our new thermostat solutions. Computime’s extensive expertise in developing and manufacturing smart home devices ensures that our customers receive high-quality, reliable products with a short lead-time that stand out in the competitive market.
CONTACT: Computime Group, [email protected]

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GVG featured on the 2024 Africa RegTech Horizon-100 list

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MADRID, May 27, 2024 /PRNewswire/ — Global Voice Group (GVG) now features as one of the top 100 Africa-focused innovative RegTech organizations that are set to power Africa to a $1 billion market size by 2025. 

This acknowledgment bears witness to GVG’s compliance monitoring capabilities within the Mobile Money (MM) ecosystem. GVG developed the Mobile Money Monitoring (M3) solution, an intelligent data platform that supports East African regulatory authorities in monitoring the fast-expanding MM market. Through M3, the authorities can ensure the security and integrity of the related financial transactions, as well as transparency and compliance, for enhanced revenue assurance. M3 currently monitors approximately 25% of the financial flows passing through MM platforms in East Africa, verifying over 90 billion USD worth of transactions annually.
Moreover, the platform is also in use in Central and West Africa, in the Republic of Congo and in Ghana. In Congo, M3 has brought the local telecommunications regulator, the ARPCE, 100% visibility and control over all utility payments made via Mobile Money to the government. In Ghana, it has contributed to an average annual growth of 20% in revenue since its deployment. Overall, M3 has captured, verified and analyzed 1 trillion USD in MM transaction value since 2014.
After demonstrating the relevance, effectiveness, and innovation of the M3 solution to the jury, composed of recognized leaders of the Regtech industry, GVG was shortlisted and, following the voting phase, earned a place on the prestigious list. The M3 platform uses machine learning to ensure effective oversight of the MM market, ensure regulatory compliance and detect suspicious transactions. Since its first implementation in 2013, GVG’s M3 solution has provided the relevant regulatory authorities with reliable MM ecosystem metrics to support data-driven decision-making, promote compliance within the market, and reduce fraud and revenue leakage.
Responding to the announcement, James Claude, GVG’s CEO, declared: “It is with a great sense of achievement that I see GVG featuring among the 100 top RegTech providers in Africa. On behalf of the whole company, I sincerely thank Africa RegTech Horizon, as well as our voters, for supporting us in what we do best: providing governments and regulatory authorities with the market insights they need to address the challenges related to the fast-expanding financial ecosystem.”
The Africa RegTech Horizon-100 list is a directory of African RegTech companies and solution providers compiled to showcase the products and services of the latter, as well as assist financial institutions, regulators, and governments in identifying high-performing and trustworthy RegTech providers.
About GVG
Founded in 1998 and present in 11 countries, Global Voice Group is a global provider of ICT and RegTech solutions for governments and regulatory bodies. GVG assists governments and authorities, through Big Data analytics, in their digital transformation and the effective promotion of compliant and truly inclusive digital ecosystems. The company monitors, collects and analyses data from crucial economic sectors and turns it into actionable information. We promote data-driven decision-making.
Discover GVG’s website: www.globalvoicegroup.com
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Unlock an Exclusive Olympic Experience: Celebrating Live4Well’s Sold-Out Genesis NFT

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HONG KONG, May 25, 2024 /PRNewswire/ — The buzz surrounding Live4Well’s successful Genesis NFT membership launch on May 23 has captivated both traditional and web3 communities. Combining the power of AI technology and decentralized physical infrastructure (DePin) concept, Live4Well has infused new life into the NFT market. The overwhelming response to their first NFT sales, showcases the project’s immense potential. Renowned web3 community leaders from Azuki, Bored Ape, Pudgy Penguins, WELL3, etc have joined forces with Live4Well, propelling the Genesis NFT membership collection to its resounding success.

Live4Well aims to transform the wellness industry by creating a reward-based infrastructure that connects global fitness data, enhances their AI database, and drives the development of sports and wellness. Backed by a multi-billion family office, which recently invested $20 million in Live4Well, the project has gained support in both web3 and traditional spaces. The team believes that every drop of sweat and effort toward better health should be rewarded, fostering motivation and integrating exercise into daily lives for enhanced well-being.
Live4Well’s announcement of an Olympic-themed raffle for Genesis NFT holders reflects their commitment to connecting wellness between Web2 and Web3 platforms. This testament to Live4Well’s demand and innovative vision solidifies their position as a promising leader in the industry. Their integration of the Olympic signifies their determination to inspire a global audience, leveraging blockchain technology to create an immersive ecosystem that revolutionizes how individuals engage with fitness on a daily basis for better health. Live4Well’s dedication to bridging the gap between traditional practices and the digital landscape sets them apart as pioneers in promoting well-being on a global scale.
What is Genesis NFT membership?
The Genesis NFT unlocks a multitude of benefits for holders, including the opportunity to cash out their sportive income and access a range of exclusive physical products and services. In addition to future airdrops and angel round whitelist privileges, Genesis holders will receive VIP tailor-made product packs from an innovative German sportswear company, elevating their exercise performance to new heights. With over 400 million sweat points farmed by their users, they are eager to redeem through the Genesis NFT membership. These enticing incentives explain why there was a widespread eagerness to participate in this thrilling event.
Unlike typical projects that raise funds before launching products or services, Live4Well has already released its AI-powered app, amassing over 250,000 users as a community base actively engaging in daily exercise. This early success has fostered a promising community within the wellness industry, as users trust Live4Well’s roadmap and collaborative ventures. The growing traction from both ordinary individuals and web3 enthusiasts has intensified the demand for redeeming and cashing out sweat points, the project’s exercise-based rewards. Obtaining the Genesis NFT membership is now seen as an essential step for accessing the highest tier of benefits and cashing out sportive income.
What’s next for Live4Well?
Following the Genesis sales, Live4Well’s team will shift their focus to the upcoming token generation event (TGE) and a series of farming events. They also have exciting plans for partnerships and other collaborations in the global wellness and fitness industries. If you missed the initial launch, be sure to stay updated on Live4Well’s journey and join this extraordinary revolution.
Photo – https://mma.prnewswire.com/media/2421983/image.jpg
Photo – https://mma.prnewswire.com/media/2421640/Live4Well.jpg
Logo – https://mma.prnewswire.com/media/2421641/4725441/Live4Well.jpg
 
 

View original content:https://www.prnewswire.co.uk/news-releases/unlock-an-exclusive-olympic-experience-celebrating-live4wells-sold-out-genesis-nft-302155644.html

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