The global washing machine industry was projected to reach $24 billion by 2018, and it is expected to grow at a CAGR of 5% from 2017 to 2022. Washing machines made in USA are one of the top choices of home appliance buyers across the globe. The US is widely known for its hi-tech and innovative domestic appliance. The advanced technology and world-class manufacturing units have helped the washing machine manufacturers in USA to be at the top of the chart in the home appliance industry. The washing machines made in USA are now exported all over the world with Canada and Mexico as the chief importer of washing machines made in USA. Domestic washing machines are one of the most widely used home appliances for cleaning laundry. The need for hi-tech washing machines has significantly increased from the past few years due to the need to save time, energy, and find an effective way to clean laundry. The demand and sales of a fully automatic washing machine made in USA are expected to see a rising growth in the coming years due to the upgraded technology and efficiency. The market is now moving towards front load washing machines made in USA. The front load washing machines are more efficient and technologically advanced than the top load washing machines.
Rapid urbanization, increase in the disposable income, changing lifestyle, and technological advancement is some of the important factors driving the growth of washing machine manufacturers in USA. The American government is encouraging domestic appliance consumers to use American made washing machine which utilizes less power as compared to other washing machines, which in turn will help curb the high electricity usage. This is one of the most important reasons why the top 10 washing machine brands compete with each other to bring out the best washing machine at the most reasonable washing machine price.
American Made Washing Machine
The washing machines made in USA are world-class and hi-tech as compared to its competitors across the globe. The research and development done in the washing machine industry in the US are highly focused on increasing the efficiency, durability, and decreasing the time and energy consumption. This has helped the top washing machine manufacturers in USA to gain a large market share in the global washing machine market. The energy efficient washing machines in USA are one of the best home appliances which are storming the global appliance market. We live in a time where everyone is concerned about using the power efficiently and use home appliances that consume less power so that the wastage can be decreased. A recent study in the US has shown that an average American uses more electricity for its home appliances as compared to other developed countries. This study has helped the washing machine brands in the US to market their product as an energy efficient appliance that will help their consumers save a huge amount of energy through their highly-efficient products.
Industry Overview for Washing Machines Made in USA
The washing machine market in the US is highly competitive because of many washing machine manufacturers in USA. The washing machines made in usa are of top-notch quality and the suppliers compete based on efficiency, durability, technology, and price. As the global demand for hi-tech washing machines is increasing at a steady pace, washing machines suppliers in the US are now exporting most of their products to the developing countries. The Asia-Pacific is growing to become the largest market for washing machines made in USA after Europe. The introduction of smart appliances and IOT is helping the home appliance market to grow. The washing machine companies in the US not only focus on the product development but also on its marketing and consumer service. Most of the washing machines sold in the US and around the world are online through an e-commerce website. Social media also plays an important role in the decision making and buying process. The washing machines suppliers and distributors in the US are now using these online services and platforms to their advantage to grow their consumer based and expand their business.
Connect with the best washing machine manufacturers in USA
Top 5 Washing Machines Made in USA
Whirlpool Corporation was founded in 1911, at Michigan, USA by Louis Upton and Emory Upton. Currently, it is one of the largest manufacturer and marketer of consumer home appliances. The company has an annual revenue of around $21 billion and is listed as a Fortune 500 organization with over 90,000 employees and more than 70 manufacturing and technology research centers across the globe.
2. General Electric (GE)
General Electric (GE) is a US-based multinational company formed in New York and headquartered in Boston, Massachusetts. The company was founded in 1892, by Thomas Edison, J.P. Morgan, Charles A. Coffin, Edwin Houston, and Elihu Thomson. The company was listed as the fourth-largest in the world among the Forbes Global 200, with an annual revenue of $115 billion.
Speed Queen is one of the top washing machine brands in the US. It is headquartered in Ripon, USA. Alliance Laundry System LCC is the parent company of its subsidiary Speed Queen, which also claims that it is one of the world’s largest manufacturer of commercial washing machine equipment. The company was founded in 1908 by Joe Barlow and John Seelig as Barlow & Seelig Manufacturing. Speed Queen was the first company to introduce washers with nickel-copper tubs. The brand name “Speed Queen” was created in 1928.
4. Amana Corporation
Amana Corporation was founded by George Foerstner in 1934, at Middle Amana, Iowa. The company has an annual revenue of $4.7 billion and is one of the leading washing machine manufacturers in USA. The company ranks among the top 10 washing machine brands in USA.
Hotpoint was established in the year 1911, in Ontario, California by Earl Richardson, a meter reader and plant superintendent for an electric power company. In 1918, Richardson joined forces with George A. Hughes, merging their companies with the General Electric Company, creating the Hotpoint brand of appliances and washing machine USA.
Future of Washing Machines Manufacturers in USA
The swiftly changing ways of life and developing inclinations for comfort have led to the shoppers embracing newest innovations like smart appliances. The concept of controlling and operating domestic appliances using the Internet has been picking up a lot of grip in the past few years. Smart washing machines made in USA by washing machine manufacturers in USA, exclusively to favor the comfort of customers as it comes with a special remote location operability alternative. As a result, by downloading the app on their smartphones or tablets and linking the washing machines through the Wi-Fi, end users can easily manage the appliance from a distant location. The customer can flawlessly choose the required wash cycle, check the process, and get all the notifications on the smartphone from any location.
The chief components that steer the international washing machine business include the increase in the disposable income of working women, the rise in urbanization, and less time for household activities such as laundry. The reduction is washing machine cost across the globe has also helped the consumers to buy a washing machine that is technologically advanced and matches to their expectations. The Washing machines made in USA are the best example of today’s smart appliance that is affordable, efficient, durable and advanced.