New opportunities for small household appliances as adoption of IOT grows

What is the Internet of Things?
The Internet of Things (or IoT for short) is a network of devices all connected wirelessly by the internet that can collect, share and act upon data without the involvement of human beings to make our lives better and improve the world around us.

The rapid adoption of internet of things (IOT) technology is driving growth within the small household appliances sector, according to a new report from ResearchAndMarkets.com.
The report states that the small household market in the US was valued at approximately €24.6 billion ($24.64 billion) in 2021. That figure is estimated to reach around €33 billion ($33.05 billion) by 2027.

The adoption of IOT technology, along with rising consumer awareness about said products, is predicted to drive demand for the small household appliance market in the US. ResearchAndMarkets.com forecasts that the US small household appliances market will have a compound annual growth rate of 5.01% from 2022 to 2027.

The report explains that the US small household appliances market is made up of ten product types: small kitchen appliances, vacuum cleaners, grills and roasters, coffee machines, microwave ovens, irons, hair clippers, toasters, hair dryers and electric kettles.

There are a number of market drivers leading to a rising demand in small household appliances. One of the drivers is the desire from consumers to have a residence with advanced facilities, such as a dishwasher or coffee machine. As well as this, there is a perceivable increase in single-person households, urban populations and smart homes too. Also driving growth within this market segment is the rising millennial population.

Among the trends in the small household appliances market is cloud technology: “the evolvement and rise in cloud technology have supported and enriched the smart home technology,” the report notes. Other significant trends include the widespread adoption of internet of things (IOT), the rising prevalence of social media, along with innovations within artificial intelligence technology.

Electrolux supplier awards

Electrolux recognized the performance of its top suppliers from around the world at its 10th Supplier Awards event. To share key messages with the suppliers were Electrolux Group leaders including Jonas Samuelson, CEO, Carsten Franke, COO, Ola Nilsson, Chief Experience Officer, Anna Ohlsson-Leijon, Chief Commercial Officer, Vanessa Butani, VP Sustainability, and Filippo Milanese, Chief Purchasing Officer. Among the winners, there is also Sabaf that won the award in the category Consumer Experience Awards – Taste. “Sabaf supplies various gas and electromechanical components for food preparation across all business areas – Electrolux explains –. They have helped to successfully launch a complexity reduction initiative, standardizing the gas burner elements for ranges across all factories and Business Areas and improving supply resilience, quality and cost”. The other winners are: Maersk (Supplier of the Year); Computime (Operational Excellence Awards – Direct Material); e-llis Supply Chain Solutions (Operational Excellence Awards –Service Provider); Plast Group (Consumer Experience Awards – Care); Suzhou Chunju (Consumer Experience Awards – Wellbeing); Ternium (Sustainability Award). “Congratulations to all of these winning suppliers – commented Filippo Milanese –. Whilst they represent diverse industries, from component manufacturing, raw material, equipment, finish product to logistic providers, they all have one thing in common: they excel in operational excellence, sustainability and innovation, which are key to delivering outstanding branded lifetime experiences for our consumers

Haier tumble dryer factory

Haier new tumble dryer factory in Eskişehir, Turkey reached the one million units production milestone! The milestone dryer rolling out of the factory was the Hoover H-DRY 500, the new high-technology tumble dryer that guarantees outstanding results in terms of performance, care and durability. To celebrate the achievement,

Production team in Turkey joined together with , Nicola De Guida the Chief Operating Officer, and the Haier Europe Industrial Operations team.

Hisense building a new container terminal

After the successful test transports that wad carried out in June this year, in mid-October together with the carrier Cosco, hisense established a regular Trieste-Velenje railway line, along which a special Hisense container train delivers raw materials and components for production, which arrive in the port of Trieste on Cosco ships. Hisense are already building a new container terminal in the Velenje industrial park, which is a condition for increasing the capacity of container transport as planned in the future.
Strategic partners Cosco and Hisense will strive to build on this form of cooperation in logistics to create a win-win situation for mutual benefit and in the future increase the capacity of the block train to Velenje. It has been running regularly since mid-October, once a week, bringing 32 containers of raw materials and components from the port of Trieste directly to the Velenje industrial park each time.

Electrolux reorganization,

Global reorganization that the Electrolux group announced in recent days provides for 4 thousand redundancies, a situation that is affected by the context characterized by both the growth of inflation and the drop in consumption that also affects household appliances. The Italian management of the company met with the trade unions to decline the impact in our country where, according to a note from Fim, Fiom and Uilm, the redundancies will be 300. Half of the workers, half of the white-collar staff and managers.

However, the reduction in costs will go hand in hand with investments and the reorganization of production which will concern in particular the Solaro site, where an innovative dishwasher platform should be built. Precisely this appliance is considered increasingly strategic, since “not yet relegated to a market of mere replacement and therefore potentially growing,” the company explained to the trade unions. The intention is therefore to produce a new product in the Italian factory, which will focus on low consumption and high performance and which will require a very important investment. In fact, the site needs an intense reorganization in the now obsolete technology department, in the packaging plant and in the assembly lines, with an amount of investments in the period 2023-2026 of 102 million euros. The new production platform should allow us to reach from the current 780 thousand pieces to 960 thousand in 2024, to 1,140 thousand in 2025 and to 1,329 in 2026.However, Electrolux’s investment plan is linked to reaching an agreement with the trade unions both on redundancies and on increasing productivity. In particular, the company asks to switch from the current production revenue, equal to 90 pieces per hour, in two years to a revenue of 118 pieces per hour, for a daily production of 5,970 pieces. The major pieces would be linked to an ergonomic improvement of the workstations and to the strengthening of the staff, which however has not yet been quantified. For the trade unions it is «an extremely ambitious project, not predictable in its outcome, which greatly affects the organization of work. A comparison is now starting that will have to try to combine the sustainability needs of investments with the indispensable ones of health and safety in the workplace, as well as with the need to stabilize precarious workers and to be able to carry out a generational change

Electrolux layoffs

Electrolux, with a newly-expanded plant in Anderson County, announced thousands of layoffs that will affect workers across the globe.

Last week the company said it is implementing a cost reduction and restructuring program to increase earnings.

Electrolux says between 3,500 and 4,000 positions companywide will be impacted by the program in the last quarter of 2022.

“Regarding business area North America, I am obviously very disappointed with our performance,” said CEO Jonas Samuelson. “The production transformation with the two new facilities Anderson and Springfield including several new product platforms, in combination with the particularly challenging supply chain conditions, require additional measures to return to stability and profitability.”


Samuelson said stabilizing and improving operational planning in Anderson is part of the North American turnaround plan.

Beko partners with Youreko to help consumer choices with Energy Savings Tool

Beko, one of the leading home appliances brands in Europe*, is delighted to announce its integration with Youreko, an energy efficiency tool that helps consumers choose sustainably and understand the financial running costs when choosing new appliancesThe integration of the Youreko tool on Beko’s website, displays information to consumers on how energy efficient Beko’s appliances are when compared with traditional models and how much money the consumers could save in the long run with manufacturer’s appliances. The tool supplements the listings of Beko’s washing machines, washer dryers, tumble dryers, dishwashers, refrigerators and freezers.Currently operational on the Beko UK website, the Youreko partnership will be further implemented on Beko’s websites in Romania and Poland, helping consumers across Europe to calculate their cost saving potential.

Resource efficiency is a key priority for Beko, particularly in the current economical and climate-conscious environment. This integration with Youreko is an extension of the brand’s ongoing commitment to providing products for their consumers to encourage sustainable living.

The tool helps consumers on Beko’s websites by providing more information on the energy consumption and financial cost of running a particular appliance. Utilising an easy-to-read gold, silver or bronze tiered rating system, the tool signals where money and energy can be conserved most, helping consumers make more informed buying decisions.

By integrating Youreko into its products, Beko is also able to make a smart-recommendation to the consumers based on a product’s energy efficiency rating. This calculation is based upon a comparison against a more traditional, like-for-like model of the applianc

Appliance giant Arcelik bets on China, says company CEO

The CEO of Arcelik, one of the world’s biggest home appliance makers, told Xinhua recently that China is a bright spot for business amid global recession fears and an increasingly gloomy market outlook.

Speaking of the present headwinds against the world economy, Hakan Bulgurlu said, “we will have to go through a lot of pain before it gets better.”

China, however, is “a little bit of a different picture,” he said in a video interview with Xinhua.

Established in 1955, Arcelik is a Turkish multinational household appliances manufacturer headquartered in Istanbul. With 45,000 employees, its global operations include subsidiaries in 53 countries, 30 production facilities in nine countries.

Arcelik’s domestic sales in China have grown by roughly 80 percent in 2022.

“I find China one of the more promising places to be in the future. It has always been the factory of the world, and I think it will continue to be the factory of the world,” said Bulgurlu.

“The world economy has significantly slowed down, and we are facing a recession on many fronts,” said the Turkish businessman, who had lived in Hong Kong for 13 years.

Calling himself “a big fan” of China and Asia, Bulgurlu said he is optimistic about the business performance in the future Chinese market. “I think demand for appliances continues. We want to continue investing in China to actually bring our brands in.”According to Bulgurlu, four product groups, namely heating and cooling, refrigeration, lighting and electric motors, consume about 40 percent of all power. Many current technologies have made these production much more efficient.

“We need global regulations to make us use the best available technologies in all of these product groups to reduce power consumption,” he said.

Regarding the upcoming COP27 meeting, he said “I hope to make some progress and talk not only with policymakers but other CEOs as well.”

“I actually admire China in the sense that when China makes a decision, it follows through very, very fast,” Bulgurlu said.

LG May closs Russian factory

The South Korean company for the production of equipment LG may close a plant in the Moscow region (produces refrigerators, washing machines and televisions) and move production to Uzbekistan or Kazakhstan. Told “Kommersant” a source in the household appliances market.

LG is negotiating in Uzbekistan with Artel, which produces Samsung appliances. The company has not been operating a factory in Kazakhstan since 1998.According to experts, it would be more profitable to move production to Uzbekistan. According to one of the sources, part of the top management has already been relocated to Tashkent. Another source says that LG is negotiating with the authorities of Kazakhstan. After the start of a full-scale invasion of Ukraine in f In February, manufacturers of electronics and household appliances began to stop deliveries of products to Russia.

LG suspended deliveries of products to Russia in March.