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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The compressor and motor's speeds are adjusted by the inverter to match the unit's current usage. To put it simply, an inverter is a gadget that controls the electrical current that passes to an appliance, giving it the power that is just required to lower the electricity use.
Electric lights, kitchen appliances, microwaves, power tools, TVs, radios, and computers, to mention a few, can all be operated by converting DC power from a battery to standard AC power using a power inverter. Inverter appliances only provide the energy that is required, which results in energy savings. Inverter appliances reduce or modify their capacity to meet the present environment's requirements once the target interior temperature or a particular load is met.
The Global Home appliance Inverter market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
For the Indian market, LG Electronics unveiled a new line of air conditioners and home appliances powered by artificial intelligence. New Smart Home Appliances were showcased by LG Electronics.
With their elegant designs for a high-end lifestyle, LG's newest products aim to elevate the bar. The updated lineup includes InstaView Door-in-Door and Frost Free Refrigerators, AI Direct Drive Washing Machines, Puricare Wearable Air Purifiers, VIRAAT Air Conditioners, UV+UF Water Purifiers, and a new line of charcoal microwaves.
In order to improve user experience and add elegance to the kitchen, LG has updated the design of its line of Side-by-Side and Frost Free Refrigerators. The new refrigerators have a sleek, flat form and are adorned with metallic accents.
With E-micom, which conveniently allows temperature adjustments without opening the door and considerably reduces cold air loss, the new line of LG Frost Free Refrigerators is equipped.
With the LG ThinQ, you can access and control the appliance remotely from any location. The most recent LG refrigerators also feature Smart Learner, an AI-powered feature that analyses the refrigerator's usage patterns and adjusts cooling as necessary.
The most recent LG refrigerators also have Smart Learner driven by AI, which analyses the refrigerator's usage patterns and adjusts cooling as necessary. This feature works with a variety of algorithms.The most recent LG refrigerators analyse hourly, daily, and weekly data with the use of numerous algorithms to provide greater energy efficiency and long-lasting freshness for fruits and vegetables.
A brand-new, powerful Hygiene Fresh air filter is also included with the Frost Free Refrigerators. TUV Rheinland has proven that this most recent technology not only kills up to 99.99#% of bacteria but also deodoriser and purifies the air inside.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |