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North America Slide Rails Market for Home Appliances by Product Type (Light, Medium, and Heavy-duty Slide Rails) and EndUser (Refrigerators, Ovens, Dishwashers, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A06121
Pages: 132
Apr 2020 | 1834 Views
 
Author(s) : Amar Chinchane
Tables: 42
Charts: 44
 

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North America Slide Rails Market Outlook - 2027

The North America slide rails market size for home appliances is expected to reach $17,173.0 million in 2027, from $12,500.0 million in 2019, growing at a CAGR of 4.1% from 2020 to 2027.Slide rails are used for providing linear motion to drawers in furniture, electronic appliances, industrial devices, and medical devices. In the home appliances market, slide rails are used in refrigerators, ovens, dishwashers, and washing machines, and are available in various load bearing capacities to assist in smooth linear operations. Slide rails are classified into light-, medium-, and heavy-duty rails, depending on the drawer loads in different appliances. They are majorly manufactured with steel or aluminum and are electroplated using zinc or metals to prevent corrosion. In addition, slide rails utilize ball bearing sliding movement or telescopic movement, which is greased using food grade lubricants to prevent contamination of food inside the appliances.

North-America-Slide-Rails-Market-for-Home-Appliances-2020-2027

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The North American market for home appliances is homogenous and mature in nature, with maximum consumption from the U.S. and Canada. However, the Mexican market is still growing, due to surge in demand for durable goods. Improvement in economic conditions owing to the development of manufacturing hub in the country has propelled the demand for durable goods such as home appliances. The surge in sale of home appliances, in turn, boosts the need for slide rails, which are used in appliances such as ovens, refrigerators, and dishwashers. Moreover, increase in home improvement and renovation activities in the U.S., owing to the high construction prices creates a demand for home appliances. For instance, during renovation of kitchens, consumersopt for replacing old appliances with latest models. This further propelsthe demand for home appliances, thereby augmenting the growth of North America slide rails market industry. Furthermore, strong foothold of major home appliance manufacturers in North Americahas led to the development of the home appliance industry in the recent years, which, in turn, augments the demand for slide rails in North America. In addition, rise in sale of electronic appliances, owing to constant advancements in home appliance products, surge in new residential construction activities, and increase in dependence of population on electronic home appliances are the key factors contributing toward the growth of the North America slide rails market for home appliances.

However, increase in trade tensions between countries such as the U.S. and China has negatively affected the import and export of home appliances along with their parts. This has resulted in price hikes of these appliances, which reduces the consumption of home appliances in this region. This, in turn, restrains the market growth of slide rails. In addition, the tariff hike imposed by the U.S. Government on aluminum and steel imports negatively affects the manufacturing of home appliances, thereby restraining the North America slide rails market growth for home appliances.

The heavy-duty slide rails type segment accounted for nearly half of the North America slide rails market share in 2019, owing to high consumption of heavy slide rails in ovens and dishwashers. By end user, the ovens segment generated high revenue, owing to technological advancements and integration of smart technologies in ovens, thereby increasing the demand for side rails.

North America Slide Rails Market
By Product Type

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Medium-duty slide rails segment is projected to grow at a significant CAGR

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The North America slide rail market for home appliances report is divided into product type, enduser, and country. By product type, the market is segmented into light-, medium-, and heavy-duty slide rails. By end user, it is classified into refrigerators, ovens, dishwashers, and others. The others segment is further fragmentedinto cloth washers and laundry dryers.

North America Slide Rails Market
By End-User

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Ovens segment holds dominant position in 2019

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The North America slide rails market analysis for home appliances is conductedacross the U.S., Canada, and Mexico. U.S.held the largest market share during 2019, however, Mexico is expected to grow at the fastest rate.

North America Slide Rails Market
By Country

2027
U.s. 
Canada
Mexico

U.S. holds a dominant position in 2019. Mexico is expected to grow at a highest rate during the forecast period.

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Competition Analysis

The key market players profiled in the report include Accuride International Inc., Robert Bosch GmbH, Haier US Appliance Solutions, Inc., LG Electronics (LG parts), THK Co., Ltd., Transform SR Brands LLC. (Sears PartsDirect), Whirlpool Corporation, Electrolux AB (Frigidaire), King Slide USA, Inc., and Repon International Corporation.

Many competitors in the North America slide rails market for home appliances adopted product launch as their key developmental strategy to expand their product portfolio for the technological upgradations. For instance, in October 2018, the company Accuride launched Pyrolytic Telescopic Slide for self-cleaning ovens, which do not let out detectable emissions after early heating. Advantages of this innovation are maintenance-free oven cleaning and safer and easier oven use. The players are further adopting business expansion strategy to strengthen their foothold in the North American region. For instance, in February 2020, the company GE Appliances, subsidiary of Haier, announced the expansion of top-freezer refrigeration production plant in Alabama. It invested $125 million, which boosted the production capacity by 25%. Increase in production of top-freezer refrigerators is expected to boost the need for slide rails.

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging North America slide rails market trends and dynamics.  

  • In-depth analysis of the marketis conducted by constructing market estimations for the key market segments between 2019 and 2027. 

  • Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

  • The North America slide rails market forecast analysisfrom 2020 to 2027 is included in the reportfor home appliances.

  • The key market players within the market are profiled in this report, and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the industry.

  • A comprehensive North America slide rails market opportunityanalysis of all the countries is also provided in the report.

North America Slide Rails Market For Home Appliances Segments

By Product Type

  • Light-duty Slide Rails
  • Medium-dutySlide Rails
  • Heavy-duty Slide Rails

By End-user

  • Refrigerator
  • Ovens
  • Dishwashers
  • Others
  • Clothes Washer
  • Clothes Dryers

By Country

  • U.S.
  • Canada
  • Mexico

Key Players

  • Accuride International Inc.
  • Robert Bosch GmbH
  • Haier US Appliance Solutions, Inc.
  • LG Electronics (LG parts)
  • THK Co., Ltd.
  • Transform SR Brands LLC. (Sears PartsDirect)
  • Whirlpool Corporation
  • Electrolux AB (Frigidaire)
  • King Slide USA, Inc.
  • Repon International Corporation
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets

3.3.Porter's five forces analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Development of the appliance industry
3.4.1.2.Increase in remodeling and home improvement activities in the U.S.
3.4.1.3.Surge in consumer expenditure on durable goods in Mexico

3.4.2.Restraints

3.4.2.1.Tariff hike on aluminum and steel imports in the U.S.
3.4.2.2.Increase in trade wars among countries

3.4.3.Opportunity

3.4.3.1.Technological advancements in home appliances

CHAPTER 4:NORTH AMERICA SLIDE RAIL MARKET FOR HOME APPLIANCES, BY PRODUCT TYPE

4.1.Overview

4.1.1.Market size and forecast, by product type

4.2.Light-duty slide rails

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market analysis, by country

4.3.Medium-duty slide rails

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market analysis, by country

4.4.Heavy-duty slide rails

4.4.1.Key growth factors and opportunities
4.4.2.Market analysis, by country

CHAPTER 5:NORTH AMERICA SLIDE RAILS MARKET FOR HOME APPLIANCES, BY END USER

5.1.Overview

5.1.1.Market size and forecast, by end user

5.2.Refrigerators

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market analysis, by country

5.3.Ovens

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market analysis, by country

5.4.Dishwashers

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market analysis, by country

5.5.Others

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market analysis, by country

CHAPTER 6:NORTH AMERICA SLIDE RAILS MARKET FOR HOME APPLIANCES, BY COUNTRY

6.1.Overview

6.1.1.Market size and forecast, by country

6.2.U.S.

6.2.1.Key market trends and opportunities
6.2.2.Market size and forecast, by product type
6.2.3.Market size and forecast, by end-user

6.3.Canada

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by product type
6.3.3.Market size and forecast, by end user

6.4.Mexico

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by product type
6.4.3.Market size and forecast, by end-user

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction

7.1.1.Market share analysis, 2019
7.1.2.Key customers
7.1.3.Top winning strategies

CHAPTER 8:COMPANY PROFILES

8.1.AB ELECTROLUX

8.1.1.Company overview
8.1.2.Key executive
8.1.3.Company snapshot
8.1.4.Product portfolio
8.1.5.R&D expenditure
8.1.6.Business performance

8.2.ACCURIDE INTERNATIONAL INC.

8.2.1.Company overview
8.2.2.Key executive
8.2.3.Company snapshot
8.2.4.Product portfolio
8.2.5.Key strategic moves and developments

8.3.KING SLIDES WORKS CO., LTD.

8.3.1.Company overview
8.3.2.Key executive
8.3.3.Company snapshot
8.3.4.Product portfolio
8.3.5.R&D expenditure
8.3.6.Business performance

8.4.LG CORP.

8.4.1.Company overview
8.4.2.Key executive
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.Business performance

8.5.QINGDAO HAIER CO., LTD. (GE APPLIANCES)

8.5.1.Company overview
8.5.2.Key executive
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.5.6.R&D expenditure
8.5.7.Business performance
8.5.8.Key strategic moves and developments

8.6.REPON INTERNATIONAL CORPORATION

8.6.1.Company overview
8.6.2.Key executive
8.6.3.Company snapshot
8.6.4.Product portfolio

8.7.ROBERT BOSCH GMBH (BOSCH REXROTH AG)

8.7.1.Company overview
8.7.2.Key executive
8.7.3.Company snapshot
8.7.4.Operating business segments
8.7.5.Product portfolio
8.7.6.R&D expenditure
8.7.7.Business performance
8.7.8.Key strategic moves and developments

8.8.THK CO., LTD.

8.8.1.Company overview
8.8.2.Key executive
8.8.3.Company snapshot
8.8.4.Product portfolio
8.8.5.R&D expenditure
8.8.6.Business performance

8.9.TRANSFORM SR BRANDS, LLC

8.9.1.Company overview
8.9.2.Key executive
8.9.3.Company snapshot
8.9.4.Product portfolio
8.9.5.Key strategic moves and developments

8.10.WHIRLPOOL CORPORATION

8.10.1.Company overview
8.10.2.Key executive
8.10.3.Company snapshot
8.10.4.Product portfolio
8.10.5.R&D expenditure
8.10.6.Business performance
8.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 01.NORTH AMERICA SLIDE RAIL MARKET FOR HOME APPLIANCES REVENUE, BY PRODUCT TYPE, 2019-2027 ($MILLION)
TABLE 02.NORTH AMERICA SLIDE RAILS MARKET FOR HOME APPLIANCES MARKET REVENUE, BY END USER, 2019– 2027 ($MILLION)
TABLE 03.NORTH AMERICA SLIDE RAILS MARKET REVENUE FOR HOME APPLIANCES, BY COUNTRY, 2019–2027$MILLION)
TABLE 04.U.S. SLIDE RAILS MARKET FOR HOME APPLIANCES REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 05.U.S. SLIDE RAILS MARKET FOR HOME APPLIANCES REVENUE, BY END-USER 2019–2027 ($MILLION)
TABLE 06.CANADA SLIDE RAILS MARKET FOR HOME APPLIANCES REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 07.CANADA SLIDE RAILS MARKET FOR HOME APPLIANCES REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 08.MEXICO SLIDE RAILS MARKET FOR HOME APPLIANCES REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 09.MEXICO SLIDE RAILS MARKET FOR HOME APPLIANCES REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 10.AB ELECTROLUX: KEY EXECUTIVE
TABLE 11.AB ELECTROLUX: COMPANY SNAPSHOT
TABLE 12.AB ELECTROLUX: PRODUCT PORTFOLIO
TABLE 13.ACCURIDE INTERNATIONAL INC.: KEY EXECUTIVE
TABLE 14.ACCURIDE INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 15.ACCURIDE INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 16.KING SLIDES WORKS CO., LTD.: KEY EXECUTIVE
TABLE 17.KING SLIDES WORKS CO., LTD.: COMPANY SNAPSHOT
TABLE 18.KING SLIDES WORKS CO., LTD.: PRODUCT PORTFOLIO
TABLE 19.LG CORP.: KEY EXECUTIVE
TABLE 20.LG CORP.: COMPANY SNAPSHOT
TABLE 21.LG CORP.: OPERATING SEGMENTS
TABLE 22.LG CORP.: PRODUCT PORTFOLIO
TABLE 23.QINGDAO HAIER CO., LTD.: KEY EXECUTIVE
TABLE 24.QINGDAO HAIER CO., LTD.: COMPANY SNAPSHOT
TABLE 25.QINGDAO HAIER CO., LTD.: OPERATING SEGMENTS
TABLE 26.QINGDAO HAIER CO., LTD.: PRODUCT PORTFOLIO
TABLE 27.REPON INTERNATIONAL CORPORATION: KEY EXECUTIVE
TABLE 28.REPON INTERNATIONAL CORPORATION: COMPANY SNAPSHOT
TABLE 29.REPON INTERNATIONAL CORPORATION: PRODUCT PORTFOLIO
TABLE 30.ROBERT BOSCH GMBH: KEY EXECUTIVE
TABLE 31.ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 32.ROBERT BOSCH GMBH: OPERATING SEGMENTS
TABLE 33.ROBERT BOSCH GMBH: PRODUCT PORTFOLIO
TABLE 34.THK CO., LTD.: KEY EXECUTIVE
TABLE 35.THK CO., LTD.: COMPANY SNAPSHOT
TABLE 36.THK CO., LTD.: PRODUCT PORTFOLIO
TABLE 37.TRANSFORM SR BRANDS, LLC: KEY EXECUTIVE
TABLE 38.TRANSFORM SR BRANDS, LLC: COMPANY SNAPSHOT
TABLE 39.TRANSFORM SR BRANDS, LLC: PRODUCT PORTFOLIO
TABLE 40.WHIRLPOOL CORPORATION: KEY EXECUTIVE
TABLE 41.WHIRLPOOL CORPORATION: COMPANY SNAPSHOT
TABLE 42.WHIRLPOOL CORPORATION: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP IMPACTING FACTORS
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06.MODERATE TO HIGH BARGAINING POWER OF BUYERS
FIGURE 07.MODERATE TO HIGH THREAT OF SUBSTITUTES
FIGURE 08.HIGH THREAT OF NEW ENTRANTS
FIGURE 09.LOW TO MODERATE INTENSITY OF RIVALRY
FIGURE 10.NORTH AMERICA SLIDE RAIL MARKET FOR HOME APPLIANCES, BY PRODUCT TYPE, 2019–2027
FIGURE 11.COMPARATIVE ANALYSIS OF NORTH AMERICA LIGHT-DUTY SLIDE RAIL MARKET FOR HOME APPLIANCES, BY COUNTRY, 2019 & 2027 ($ MILLION)
FIGURE 12.COMPARATIVE ANALYSIS OF NORTH AMERICA MEDIUM-DUTY SLIDE RAIL MARKET FOR HOME APPLIANCES, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 13.COMPARATIVE ANALYSIS OF NORTH AMERICA HEAVY-DUTY SLIDE RAIL MARKET FOR HOME APPLIANCES, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 14.NORTH AMERICA SLIDE RAILS MARKET FOR HOME APPLIANCES MARKET, BY END USER, 2019–2027
FIGURE 15.COMPARATIVE ANALYSIS OF NORTH AMERICA SLIDE RAIL MARKET FOR REFRIGERATORS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF NORTH AMERICA SLIDE RAIL MARKET FOR OVENS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 17.COMPARATIVE ANALYSIS OF NORTH AMERICA SLIDE RAIL MARKET FOR DISHWASHERS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 18.COMPARATIVE ANALYSIS OF NORTH AMERICA SLIDE RAIL MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 19.NORTH AMERICA SLIDE RAILS MARKET FOR HOME APPLIANCES, BY COUNTRY, 2019–2027
FIGURE 20.MARKET SHARE ANALYSIS, 2019
FIGURE 21.TOP WINNING STRATEGIES, BY YEAR, 2017–2020
FIGURE 22.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020 (%)
FIGURE 23.TOP WINNING STRATEGIES, BY COMPANY, 2017–2020 (%)
FIGURE 24.AB ELECTROLUX: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 25.AB ELECTROLUX: NET SALES, 2017–2019 ($MILLION)
FIGURE 26.AB ELECTROLUX: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 27.KING SLIDES WORKS CO., LTD.: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 28.KING SLIDES WORKS CO., LTD.: NET SALES, 2016–2018 ($MILLION)
FIGURE 29.KING SLIDES WORKS CO., LTD.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 30.LG CORP.: NET SALES, 2016–2018 ($MILLION)
FIGURE 31.QINGDAO HAIER CO., LTD.: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 32.QINGDAO HAIER CO., LTD.: NET SALES, 2016–2018 ($MILLION)
FIGURE 33.QINGDAO HAIER CO., LTD.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 34.QINGDAO HAIER CO., LTD.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 35.ROBERT BOSCH GMBH: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 36.ROBERT BOSCH GMBH: NET SALES, 2016–2018 ($MILLION)
FIGURE 37.ROBERT BOSCH GMBH: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 38.ROBERT BOSCH GMBH: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 39.THK CO., LTD.: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 40.THK CO., LTD.: NET SALES, 2017–2019 ($MILLION)
FIGURE 41.THK CO., LTD.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 42.WHIRLPOOL CORPORATION: R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 43.WHIRLPOOL CORPORATION: NET SALES, 2017–2019 ($MILLION)
FIGURE 44.WHIRLPOOL CORPORATION: REVENUE SHARE BY REGION, 2019 (%)

 
 

The North America Slide Rail market accounts for high potential in the ovens segment.Ovens majorly utilize heavy-duty slide rails, owing to the exposure to extreme temperatures in these appliances. Moreover, the product developments provided by the major players for ovens, boost the demand for ovens in the home appliance industry, thereby, promoting the growth of slide rails utilized in them.

Furthermore, the increase in consumption and dependency of home appliances in the North American region is a major driving factor of the slide rails market. The home appliance industry is matured in the U.S. and Canada, owing to increase in urbanization and high living standards. However, increase in construction activities of new residential buildings is a major factor, which fuels the demand for new home appliances, thereby propelling the utilization of slide rails. 

In current scenario, home appliance manufacturers constantly upgrade their product offerings with low energy consumption & smart technologies. This motivates consumers to change their appliances constantly, before the termination of their service life, thus boosting the manufacturing of home appliances. In addition, consumer trend toward bigger appliances with more shelves and drawers bolster the slide rails demand. On the contrary, the tariff hike on steel and aluminum on imports to the U.S. is a major restraining factor for the slide rails industry. 

The tariff hike has caused inflation in cold-formed steel and aluminum prices in the U.S., which increases the costs incurred on manufacturing of slide rails, thereby augmenting the overall cost of appliances, restraining the market growth. Furthermore, growing trade wars between nations has negatively affected the import of electronics and home appliances from the manufacturing countries such as China, Japan, and Korea, which is propelling the prices of these products. These factors influence the home appliance industry, which, in turn, limits the growth of the slide rails market.
 

 
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FREQUENTLY ASKED QUESTIONS?
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A. The North America slide rails market for home appliances size was $12,500 million in 2019 and is projected to reach $17,173.0 million in 2027

A. -The forecast period considered for the North America slide rails market for home appliances is 2020 to 2027, wherein, 2019 is the base year, 2020 is the estimated year, and 2027 is the forecast year.

A. To get latest version of North America slide rails market for home appliances report

A. The base year considered in the North America slide rails market for home appliances is 2019.

A. No, the report does not provide Value Chain Analysis. However, it does provide market share analysis for the major players in the North America slide rails market for home appliances.

A. On the basis of end-user, the ovens segment is expected to be the most influencing segment growing in the North America slide rails market for home appliances report.

A. Based on the product type, in 2019, the heavy-duty slide rails segment generated the highest revenue, accounting for 46.9% of the market, and is projected to grow at a CAGR of 3.2% from 2020 to 2027.

A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically covers company overview, geographical presence, and market dominance (in terms of revenue and volume sales).

A. The market value of North America slide rails market for home appliances is $12,987.5 million in 2020.

A. The surge in manufacturing of home appliance industries and increase in consumer expenditure on durable goods influences the market growth of slide rails for home appliances in Mexico.

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