Inverter Technology Refrigerators Market To Grow At A CAGR Of 11.44% During The Period 2016-2020

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

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

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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.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA

Publisher's report, Global Inverter Technology Refrigerators Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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

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

Market driver
- Energy savings with electronic variable speed drive motor
- For a full, detailed list, view our report

Market challenge
- Small market for inverter technology refrigerators in Europe and the US
- For a full, detailed list, view our report

Market trend
- Value added features to justify high cost of inverter refrigerators
- For a full, detailed list, view our report

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