What companies are in the consumer durables field. Consumer durables are items that you use on a daily basis, like your phone or laptop. They include appliances like refrigerators and dishwashers as well as clothing, furniture, and other everyday items. Durable goods are things with a long shelf life such as cars, trucks, and machinery.
In general, companies in the consumer durables field sell products for use in the home. However, these companies also operate in related fields such as retailing and services to support their business activities. When you buy a product from one of these companies it is likely that they operate many different brands under different brand names.
For example, when you buy a laptop from Microsoft or Lenovo it is likely that they only sell the product under the name of their brand; however, they may have multiple brand names operating within their company to support their sales and marketing efforts.
what companies are in the consumer durables field
The following below are the What companies are in the consumer durables field:-
Microsoft
Microsoft Corporation is a multinational computer software company with headquarters in Redmond, Washington. The company has over 90% of the worldwide market share of the MS-DOS operating system market and is one of the longest running computer software companies.
Microsoft is one of the world’s largest suppliers of computer software and services. The company was founded by Bill Gates and Paul Allen as a software company in Albuquerque, New Mexico. It was then registered as an operating company with the Washington Secretary of State on August 1, 1975.
Microsoft first entered the personal computer software business in the early-1970s, with an operating system called MS-DOS and a word processor called Wordstar. Microsoft’s first offering, MS-DOS 5.0, appeared in 1981, followed by a graphical user interface (GUI) product, known as “Fibre Distributed Data Interface” (FDDI) in 1983. What companies are in the consumer durables field.
Sony Ericsson
Sony Ericsson is a Swedish multinational telecommunications company, founded in 1943. It is listed on the Helsinki Stock Exchange and on the Nasdaq OMX Stockholm exchange in Stockholm. In 2013, the company’s revenue was around $40 billion.
In 2011, Sony Ericsson reported a profit of $2.4 billion, up from $451 million in the previous year. In 2012, the company shipped 8.6 million smartphones, and in 2013, 9.5 million units were sold.
Adidas AG
Adidas AG is a German multinational corporation that designs and manufactures sports apparel and Footwear, attracting niche athletes and niche consumers through innovative marketing strategies and products. In 2013, the company’s revenue was around $12 billion.
Adidas’s most successful product is the soccer ball. They have also introduced shoes in a variety of styles and colors that are extremely popular among young people.
In 2011, the company paid $449 million to the National Basketball Association to end its long-running dispute over unauthorized use of players’ images in shoe advertisements. What companies are in the consumer durables field.
Nokia Corporation (Nokia)
Nokia Corporation (or Nokia) is a telecommunications company formerly based in Espoo, Finland, and now headquartered in Tampere, Finland. In 2013, the company’s revenue was around $77 billion.
Nokia’s most popular product is the mobile phone. In the 1990s, Nokia was the largest mobile phone manufacturer in the world. In 2010, the company reported a profit for the first time in years.
In recent years, Nokia has focused on developing smartphones that incorporate advanced mobile broadband technology. Nokia is currently the second-largest provider of mobile broadband service in the United States behind Verizon.
Lenovo Group
Lenovo Group (formerly Legend Holdings) is a Chinese multinational technology company that specializes in business and mobile computing and services. In 2013, the company’s revenue was around $63 billion.
Lenovo has been a major success in the personal computer market. In 2005, Lenovo purchased IBM’s PC division, which gave the company a very large presence in the US market. In 2012, Lenovo introduced the first tablet to run Google’s Android operating system.
The company has also released a number of successful smartphones, including the Android-powered Lenovo A5500 and the Windows Phone-powered Lenovo S90.
Samsung
Samsung Electronics is a South Korean multinational electronics company headquartered in Samsung-ro, Seoul. The company was founded by Lee Byung-chul in 1937 as a manufacturing company for agricultural equipment.
In 1958, Samsung began producing televisions, but four years later it went into the electronics business and began building electronic components. Samsung now produces computers, mobile phones, semiconductors, LED light bulbs and other electronics.
LG
LG Electronics is a multinational electronics company headquartered in Yeouido, Seoul, South Korea that specializes in electronics, particularly appliances and mobile. The company is the result of the merger between two of South Korea’s largest chaebol, LG and Hera.
Panasonic
Panasonic is a Japanese multi-national electronics company headquartered in Osaka. The company produces a wide range of electronics, such as televisions, cameras, and home appliances, as well as medical equipment, such as MRIs and X-ray machines.
Apple Consumer
Apple Inc. (headquartered in Cupertino, California) is an American multinational technology company that designs and manufactures consumer electronics, computer software, and online services.
Apple products are known for their sleek design and innovative features, such as the iPod portable media player, the iPhone smartphone, and the iPad tablet computer.
Apple’s market cap is currently worth $500 billion and is the world’s leading manufacturer of personal computers. Apple’s revenue was around $53 billion in 2013 and was profitable for nine straight quarters. What companies are in the consumer durables field.
Toshiba
Toshiba Corporation is a Japanese multinational conglomerate company headquartered in Tokyo, Japan. It is one of the so-called “zaibatsu” Japanese conglomerates, and is included in the Japanese list ofzaibatsu.
Nike Inc.
Nike Inc. is an American multinational corporation responsible for selling sports shoes and apparel. The company was founded in 1962 by Bill Bowerman and Phil Knight, and is headquartered in Portland, Oregon.
Nike’s market cap is currently worth $130 billion and is the world’s leading sports apparel manufacturer. Nike’s revenue was around $24 billion in 2013 and was profitable for eight straight quarters.
General Electric
GE is an American multinational conglomerate that is focused on health care, transportation, finance, and renewable energy. GE works with customers to help expand their business and make it more efficient. They are a leader in sustainability and renewable energy. GE has been in the business of supplying durable goods for several years now.
GE has invested heavily in tracking their operations and the consumption of their products to improve the efficiency of their business. They have also been expanding their portfolio to include consumer durables. GE has been expanding into the consumer durables market to diversify their revenue streams. They have been investing heavily in connected appliances to enhance the customer experience. GE has also been expanding into the insurance, digital health, and transportation industries.
TCL Corporation Limited.
TCL Corporation Limited is a Chinese company that designs, manufactures and sells televisions, mobile phones, and other electronic products. The company is one of the most resilient manufacturers of electronic products in the world and is present in over 100 countries. TCL Corporation Limited has been manufacturing televisions for over 50 years now and has expanded into the consumer durables market. The company has a strong presence in Southeast Asia and East Asia.
TCL Corporation Limited’s products are available under the brands that include SAA, Smeg, and other lesser-known brands. TCL Corporation Limited has also been expanding into the European and American markets to cater to the growing demand for their products in these regions. TCL Corporation Limited has initiated an investment fund that would provide capital to start-up companies. The company has also been expanding its manufacturing facilities to cater to growing demand for their products.
Whirlpool Corporation
Whirlpool Corporation is a major manufacturer of appliances and related products. The company was launched in the early 1900s by a founder who was inspired by the Indiana Jones movie. Whirlpool Corporation has been expanding into the consumer durables market over the past few years and has made significant investments in technology and research to stay ahead of the competition. The company has a strong presence in the North American and European markets.
Whirlpool Corporation has also been expanding into the Asian and South American markets. Whirlpool Corporation manufactures and sells a wide range of products including refrigerators, washing machines, and boilers. Whirlpool Corporation’s most successful products are refrigerators. Whirlpool Corporation has been diversifying into the building products market to cater to the growing demand for their products in these segments.
Sony Corporation
Sony Corporation is an electronics and entertainment company that has been in the business of manufacturing electronics and related products for over 70 years now. It has a strong presence in the sound and entertainment segments and is also present in the mobile phone, imaging and financial services sectors. Sony Corporation is one of the most resilient companies in the global business of electronics and has been expanding into the consumer durables market over the past few years.
The company manufactures and sells a wide range of products including televisions, cameras, mobile phones, home theatre systems, and other related products. Sony Corporation is also engaged in the entertainment business and has been expanding into the sports and gaming segments to cater to growing demand for their products. The company has also been diversifying into the financial services sector to cater to the growing demand for financial services in emerging markets.
Siemens AG.
Siemens AG is a German multinational engineering and electronics company that is present in over 50 countries. It has a strong presence in the energy, healthcare, and transportation sectors. Siemens AG has been expanding into the consumer durables market over the past few years and has made significant investments in technology and research to stay ahead of the competition.
The company has a strong presence in Eastern Europe and Asia. Siemens AG’s products are available under the brands that include Bosch, Indesit, Miele, and other lesser-known brands. Siemens AG has also been expanding into the North American and European markets to cater to the growing demand for their products in these regions.
The company has been diversifying into the building products market to cater to the growing demand for building materials in emerging markets. Siemens AG has also been expanding into the transport and healthcare sectors to cater to the growing demand for their products in these sectors. Siemens AG has also initiated an investment fund that would provide capital to start-up companies.
Conclusion
The global market for durable goods is expected to grow at a CAGR of 5.7% over the forecast period, according to the latest report by MarketsandMarkets. The rising disposable income and investments in smart devices are expected to contribute significantly to the growth of the global durable goods market over the forecast period.
However, stringent regulations, increasing disposable income of millennials, rise in healthcare expenditure, and stringent safety regulations are expected to pose a challenge to the market growth. The thriving demand for electronic devices, growing healthcare expenditure, increasing number of geriatric population and rising disposable income of millennials are some of the key factors driving the growth of the market.
However, stringent regulations, increase in price of oil, rising healthcare expenditure, and stringent safety regulations are expected to pose a challenge to the market growth. What companies are in the consumer durables field.
