Top 9 Best Kitchen Appliance Brands in the World
- Manish Urben
- Jun 28, 2021
- 7 min read
The Current State of the home appliance Industry
What are the simplest home appliance brands within the world? Which home appliance brands should I buy? These are questions asked a day. Whether it's for your kitchen reception, or for a kitchen elsewhere like at your business, one among the foremost important factors in choosing a consumer product is that the trustworthiness of the home appliance brand and therefore the reliability of its products. this is often BizVibe’s list of the highest 10 best home appliance brands within the world supported reliability ratings and revenue. These are the businesses that you simply can trust when choosing home appliance products.
Kitchen appliances are electrical machines that help with household functions like cooking, cleaning, and food preservation. you'll group kitchen appliances into multiple segments including small appliances, major appliances, luxury appliances, and more. How big is that the home appliance industry? consistent with marketing research experts, the home appliance industry was valued at $237.3 Billion in 2019 and is predicted to succeed in $377.70 Billion by 2027, registering a CAGR of 6.0% from 2020 to 2027. 7 of the highest 10 home appliance brands within the world generated over USD 1 billion in revenues last year.
Discover who are the simplest home appliance brands within the world by reliability ratings and revenue in 2020?
Kitchen appliance industry stats and trends you ought to know.
What kitchen appliances are consumers likely to shop for in 2020
What are the simplest kitchen appliances for the money?
BizVibe is already helping the highest appliance brands within the world connect. Connect and track the newest news and insights from these companies.
Kitchen Appliance Industry Stats and Trends
The home appliance industry was valued at $237.3 Billion in 2019 and is predicted to succeed in $377.70 Billion by 2027, registering a CAGR of 6.0% by 2027.
Currently, consumers are likely to shop for air fryers and toasters because of the top small kitchen appliances in 2020.
Environmental concerns regarding rising pollution and heating have led to the event of appliances that are energy efficient.
Refrigerators contributed over 40% of the general kitchen appliances market share and are forecast to witness growth at 4.7% by 2023.
An increasing number of restaurants, hotels, and food line businesses are likely to assist the commercial kitchen appliances market size.
Top 10 Best Home Appliance Brands Within The World in 2020
What are the simplest home appliance brands within the world in 2020? the subsequent may be a list of the highest 10 home appliance brands within the world in 2020, ranked by reliability ratings and business performance by revenue.
1. Whirpool
Ranking no 1 on BizVibe’s list of the highest 10 best home appliance brands within the world is Whirlpool, an American multinational manufacturer and marketer of home appliances, headquartered in Benton Charter Township, Michigan, us. Whirpool is taken into account the foremost reliable home and home appliance brand within the world with a reliability rating of 4.04% in 2020. By many, Whirlpool has arguably considered the simplest home appliance brand in the world thanks to a coffee percentage of service calls needed; combined with great profitability for the corporate. Last year Whirlpool’s revenues exceeded USD 21.25 billion, and therefore the company currently operates nine manufacturing facilities: Amana, Iowa; Tulsa, Oklahoma; Cleveland, Tennessee; Clyde, Ohio; Findlay, Ohio; Greenville, Ohio; Marion, Ohio; Ottawa, Ohio; and Fall River, Massachusetts.
Whirpool was founded 108 years ago in 1911 and is now considered a Fortune 500 company, employing over 92,000 people and running over 76 research centers to form sure the corporate is providing its customers with the foremost reliable kitchen appliances on the market today. Whirlpool kitchen appliances are known for his or her reliability.
Founded: 1911
Whirpool Headquarters: Benton Charter Township, Michigan, USA
Whirpool Revenue: USD 21.25 billion
Whirpool Number of Employees: 92,000
Whirpool Reliability Rating: 4.04%
Major Whirpool Home appliance Brands
Across (México)
Affresh Washer Cleaners
Amana
Ariston
Bauknecht
Brastemp (Brazil)
Consul
Diqua (China)
Estate
EveryDrop
Gladiator GarageWorks
Hefei Sanyo (China)
Hotpoint (Europe)
Is [it]
Indesit
Inglis
Jenn-Air
KitchenAid
Maytag
Polar
Privilege
Roper
Royalstar (China)
Retinol
Whirlpool
2. LG
No other company got more ratings than LG from the esteemed J.D. Power Ratings. LG is that the highest-ranking home appliance brand in terms of customer rating for six major appliance types including washers and dryers, ovens, refrigerators, and lots of more. LG is quite just a home appliance brand, the corporate also makes other consumer home electronics like televisions, audio equipment, soundbars, and more.
LG may be a South Korea n multinational company headquartered in Yeouido-dong, Seoul, South Korea. the corporate brought in annual revenues of USD 54.4 billion last year — making it the 4th best home appliance brand within the world by revenue in 2020. With a reliability rating of 5.98% supported service calls done by Yale Appliance, LG ranks 3rd in overall reliability ratings on this list of the highest 10 home appliance brands within the world.
Founded: 1958
LG Headquarters: Yeouido-dong, Seoul, South Korea
LG Revenue: USD 54.4 billion
LG Number of Employees: 72,600
LG Reliability Rating: 5.98%
LG Home and Home appliance Products
Refrigerators
Washing machines
Tumble dryers
Vacuum cleaners
Air conditioners
Microwave ovens
LG vs Whirlpool Appliances
It comes right down to personal preference and therefore the answer can only be answered counting on who you ask. LG and Whirpool both rank at the highest of reliability ratings, customer satisfaction, and revenues. Some say the technical workmanship of Whirlpool appliances is superior, while the features of LG kitchen appliances are more preferred. When it involves the simplest kitchen appliances for the cash, LG and Whirlpool are solid choices.
3. Samsung
Ranking 3rd on this list of the highest 10 best home appliance brands within the world in 2020 is another South Korean multinational conglomerate Samsung. Like LG, Samsung is additionally another company known for advancing technology in its products consistently. By the numbers, Samsung is that the best selling brand within the USA and what makes Samsung very appealing to a western audience is that the incontrovertible fact that its kitchen appliances accompany the tech that easily integrates with other devices like Samsung smartphones and TVs. Imagine connecting your refrigerator together with your TV or Samsung Galaxy device? you'll do exactly that with Samsung’s family hub devices using the Samsung SmartThings app.
Samsung is headquartered in Seocho District, Seoul, South Korea, and currently brings in annual revenues of USD 208.5 billion — making it the simplest home appliance brand on this list by revenue in 2020. Samsung kitchen appliances have a reliability rating of 10.04%, ranking 5th on this list and one among the foremost reliable appliance brands in the world.
Founded: 1938
Samsung Headquarters: Seocho District, Seoul, South Korea
Samsung Revenue: USD 208.5 billion
Samsung Number of Employees: 320,671
Samsung Reliability Rating: 10.04%
Samsung Home Appliance Products
Samsung Refrigerators
Samsung Ranges
Samsung Dryers
Samsung Washers and Washing Machines
Samsung Microwaves
Samsung Dishwashers
Samsung Cooktops and Stove Tops
Samsung Ovens
4. Bosch
Bosch ranks 4th on this list of the highest 10 home appliance brands within the world in 2020. Bosch may be a German multinational engineering and technology company headquartered in Gerlingen, near Stuttgart, Germany and therefore the company is understood for its high-quality products (ranking 6th in reliability ratings on this list). J.D. Power Ratings gave Bosch the 2nd most ratings among the highest home appliance brands, only behind LG. Bosch is taken into account as more of a luxury home appliance brand as their products typically cost quite Samsung’s or LG’s. With the premium price comes premium features like self-cooling ovens and self-cleaning home appliances. Bosch brought in annual revenues of USD 84.84 billion last year, ranking 3rd overall on this list of top kitchen brands within the world by revenue.
Founded: 1886
Bosch Headquarters: Gerlingen, Germany
Bosch Revenue: USD 84.84 billion
Bosch Number of Employees: 400,100
Bosch Reliability Rating: 11.61%
Bosch Home Appliance Products
Dishwashers
Wall Ovens
Cooktops
Refrigerators
Ranges
Microwaves
Ventilation
Coffee Machines
Washers and Dryers
5. Gaggenau Hausgeräte
5th on this list of the highest 10 home appliance brands within the world list is Gaggenau Hausgeräte, a high-end German household appliance manufacturer. the corporate is headquartered in Munich, Germany, and was founded back in 1683, making it one of the oldest companies around. Although masters of home appliances, Gaggenau is understood for chef-grade kitchen appliances that accompany a learning cover. Gaggenau products are for the purists. Last year, Gaggenau brought in annual revenues of USD 14.48 billion in 2020 as a subsidiary of BSH Hausgeräte.
Founded: 1683
Gaggenau Headquarters: Munich, Germany
Gaggenau Revenue: USD 14.48 billion
Gaggenau Reliability Rating: 9.03%
Gaggenau home appliance Products
Wall-mounted convection ovens
Wall-mounted Combi (convection+steam) ovens
Warming drawers
Microwave ovens
Wall-mounted coffee machines
Cooktops
Ventilation hoods
Refrigerators, freezers, and Combi refrigerator/freezer units
Wine cabinets
Dishwashers
6. General Electric
The general power company is an American multinational conglomerate incorporated in ny City and headquartered in Boston. additionally to home kitchen appliances the corporate also operates the subsequent segments: aviation, healthcare, power, renewable energy, digital industry, additive manufacturing, risk capital and finance, and lighting. GE products have the 2nd highest home appliance ratings on this list with a rating of 5.7%. GE’s revenues exceeded USD 121.61 billion last year, making it the 2nd highest revenue earner on this list of top appliance brands in 2020.
Founded: 1892
GE Headquarters: Boston, Massachusetts, USA
GE Revenue: USD 121.61 billion
GE Number of Employees: 205,000
GE Reliability Rating: 5.7%
General Electric Home Appliance Products
Refrigerators
Ranges
Wall ovens
Microwaves
Dishwashers
Laundry
7. Miele
Ranking 7th on this list of the highest 10 home appliance brands within the world is Miele, a German manufacturer of high-end domestic appliances and commercial equipment, headquartered in Gütersloh, Ostwestfalen-Lippe. one among the oldest companies within the world that was founded back in 1899, the corporate brings in annual revenues of USD 4.5 billion and is taken into account one among the foremost reliables home appliance brands within the world with a reliability rating of 16.60%. Known for innovation, Miele recently launched its Dialog Oven line with M-Chef Technology and automatic menu cooking.
Founded: 1899
Miele Headquarters: Gütersloh, Ostwestfalen-Lippe, Germany
Miele Revenue: USD 4.5 billion
Miele Number of Employees: 20,221
Miele Reliability Rating: 16.60%
Miele Home Appliance Products
Laundry appliances
Vacuum cleaners
Dishwashers
Rotary irons
Built-in convection, steam, and speed ovens
Hobs (cooker hoods, cooktops)
Free-standing and built-in refrigerators
Freezers
Wine coolers
Coffee systems
8. Fisher And Paykel
Fisher & Paykel may be a major appliance manufacturer and is owned by Haier and headquartered in East Tamaki, New Zealand. Fisher & Paykel ranks 8th on this list with a reliability rating of 18.37%. the corporate also brings in annual revenues of USD 848.8 million and currently employs over 3300 people. Fisher & Paykel Appliances currently manufactures cooking, laundry, and whiteware appliances.
Founded: 1899
Fisher & Paykel Headquarters: East Tamaki, Auckland, New Zealand
Fisher & Paykel Revenue: USD 848.8 million
Fisher & Paykel Number of Employees: 3,300
Fisher & Paykel Reliability Rating: 18.37%
9. Thermador
Thermador may be a home appliances manufacturers operating under BSH Hausgeräte GmbH. the corporate is headquartered in Irvine, CA, and received reliability ratings of 19.79%. Thermador revenues exceeded USD 30 million last year.
Founded: 1916
Thermador Headquarters: Irvine, CA
Thermador Revenue: USD 30 million+
Thermador Reliability Rating: 19.79%
Thermador Home Appliance Products
Ranges
Rangetops
Ovens
Cooktops
Ventilation
Warming drawers
Microwaves
Built-in coffee machine
Refrigerators
Dishwashers
10. KitchenAid
BizVibe's list of the 10 best kitchen appliances in the world features KitchenAid, an American home appliance brand owned by Whirlpool Corporation. KitchenAid may be a classic brand known for high-quality products and everyday affordability. One of the most important features of KitchenAid is that its products are available in a variety of colors. KitchenAid has a reliability rating of 20.54%.
Founded: 1919
KitchenAid Headquarters: Benton Harbor, Michigan, USA
United States KitchenAid Revenue: USD 4 million
KitchenAid Number of Employees: 16,700
KitchenAid Reliability Rating: 20.54%.
KitchenAid Home Appliance Products
Refrigerator
Borders
Wall oven
Cooktops
Undercounter Refrigerator
Dishwasher
Hood and vent
Microwave
This is Bizvibe's list of the top 10 best home appliance brands in 2020 by reliability and revenue. These companies are pushing the boundaries of businesses within the global home appliance industry and leveraging technology to propel the industry to new heights.
You can read this blog to know more about such information. And you can also take this information for related to repair.
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