Samsung Electronics took top spot in U.S. home appliances market last year: data

Samsung Electronics Co. was the most popular home appliances brand in the United States last year in terms of market share, data showed Wednesday. Samsung Electronics took up 21 percent of the home appliances market share in the U.S. in terms of sales in 2023, followed by its Korean rival LG Electronics Inc. at 19 percent, General Electric at 18 percent and Whirlpool Corp. at 15 percent, according to data from market researcher TraQline. In terms of quantity, Samsung Electronics also accounted for the biggest market share in the U.S. at 19 percent, followed by GE at 17 percent, and LG Electronics and Whirlpool both at 16 percent. A survey by TraQline also showed that Samsung was the most considered brand when consumers purchase home appliance products at 32 percent, trailed by LG Electronics at 29 percent, and GE and Whirlpool both at 28 percent. Samsung has recently been working to expand its share in the U.S. home appliance market, releasing new products and services with features using artificial inte lligence technology. Source: Yonhap News Agency