Inverter Technology Refrigerators Market Analysis, Features, Advancements And Application 2020

(EstateNewsWire.com, November 23, 2017 ) Inverter technology was developed in Japan and is being used in many household appliances such as air conditioners and refrigerators. Inverter compressors are mainly used in refrigerators to:
- Vary the speed of the motor so as to control the cooling capacity as per requirement
- Save more electricity (around 30%-50%) than conventional refrigerators available in the market

Analysts forecast the global inverter technology refrigerators market to grow at a CAGR of 11.44% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global inverter technology refrigerators market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail outlets.

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The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

Key vendors
- Hitachi
- LG Electronics
- Panasonic
- Samsung Electronics

Other prominent vendors
- Arçelik
- Godrej
- Haier
- Hisense
- Midea
- Mitsubishi Electric
- Robert Bosch

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Market driver
- Superior performance achieved through variable motor drive (frequency conversion/control) and choice of suitable compressor
- Attractiveness and sophistication of inverter refrigerators in terms of design
- Innovative inverter technology creating opportunity for upgrade purchase

Market challenge
- Lack of standardization for interface and core frequency control algorithm
- High prices of inverter system owing to low mass production and heavy reliance on few brands
- Low awareness of inverter technology and its benefits among consumers
- Small market for inverter technology refrigerators in Europe and the US

Market trend
- Value added features to justify high cost of inverter refrigerators
- Inverter refrigerators showcasing green trend

Fundamentals of Table of Content:

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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