Household Appliance Growth

The household appliance market is expected to grow at a CAGR of 1% during the forecast period. Product innovation and advancement, drivers.2, and drivers.3 are some of the significant factors fueling household appliance market growth.

Product innovation and advancement

Hitachi Ltd. - Key news
News type Description
M&A, divestitures, JVs, and partnership In July 2020, the company completed the acquisition of ABB Ltd.'s Power Grids Business.
In April 2019, the company announced that it had agreed to acquire JR Automation, a US-based robotic system integrator.
Organizational restructuring In January 2020, the company appointed Toshiaki Tokunaga and Mamoru Morita as Senior Vice President and Executive Officer.