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The washing machines market is expected to be supported by rapid growth in smart homes in many countries globally, as per The Business Research Company’s washing machines market opportunities and strategies report.

The washing machines market is expected to grow from $63.02 billion in 2021 to $76.13 billion in 2026 at a rate of 3.9%. The global washing machines market size is then expected to grow at a CAGR of 2.5% from 2026 and reach $86.16 billion in 2031.

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Major players in the washing machines market include Samsung Electronics Co Ltd, IFB Industries Ltd, Whirlpool Corporation, LG Electronics Inc., Robert Bosch GmbH.

Companies in the washing machines market are investing significantly in artificial intelligence technology in their product development. AI can identify data types, find possible connections among datasets, and recognize knowledge using natural language processing. Users will be able to use their smartphones or voice assistants to control these AI powered washing machines.

The Global Washing Machines Market Is Segmented:
By Type: Fully Automatic, Semi-Automatic, Others

By Sales Channel: E-Commerce, Retail Chains, Direct Sales

By Technology: Top Load, Front Load

By Application: Residential, Commercial

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global washing machines market.

TBRC’s Washing Machines Market Report Covers:

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Washing Machines Market Report 2022 – Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides thorough washing machines market research, analyzes and forecasts washing machines market size, washing machines market share, washing machines market players, washing machines market trends, washing machines market segmentation and geographies, leading competitor revenues, profiles and market shares.

TBRC’s washing machines market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

The washing machines market consists of sales of washing machines by entities (organizations, sole traders and partnerships) that produce washing machines. A washing machine is an appliance used to wash various types of clothes without applying any physical efforts.

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