North America Electric Iron Market Size & Outlook, 2023-2030
North America electric iron market highlights
- The North America electric iron market generated a revenue of USD 341.1 million in 2023.
- The market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, automatic was the largest revenue generating function in 2023.
- Automatic is the most lucrative function segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 341.1 million |
| Market revenue in 2030 | USD 551.5 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Automatic |
| Fastest growing segment | Automatic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automatic |
| Key market players worldwide | Bajaj Electricals Ltd., BSH, Crompton Greaves Consumer Electricals, Groupe SEB, Hamilton Beach Brands Holding Co Class A, Koninklijke Philips NV, Panasonic Holdings Corp, Orient Electric |
Other key industry trends
- In terms of revenue, North America region accounted for 25.0% of the global electric iron market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 834.4 million by 2030.
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Electric Iron Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Orient Electric | View profile | 501-1000 | New Delhi, Delhi, India, Asia | https://www.orientelectric.com/ |
| Bajaj Electricals Ltd. | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | http://bajajelectricals.com/ |
| Crompton Greaves Consumer Electricals | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | https://www.crompton.co.in/ |
| Hamilton Beach Brands Holding Co Class A | View profile | 700 | 4421 Waterfront Drive, Glen Allen, VA, United States, 23060 | https://www.hamiltonbeachbrands.com |
| BSH | View profile | 10001+ | Munich, Bayern, Germany, Europe | http://www.bsh-group.com/ |
| Groupe SEB | View profile | 10001+ | Carros, Provence-Alpes-Cote d'Azur, France, Europe | http://www.groupeseb.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
North America electric iron market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric iron market will help companies and investors design strategic landscapes.
Automatic was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America electric iron market based on automatic covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of electric iron market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America electric iron market , including forecasts for subscribers. This continent databook contains high-level insights into North America electric iron market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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