LG was the first player to introduce inverter technology refrigerators in single door format. LG announced in January 2016 that it would be introducing inverter technology in single door refrigerators with 270 liters capacity for Indian customers at an average price of $400. Following this announcement, in February 2016, Samsung announced the extension of its Digital Inverter Compressor, which was previously available only in its frost-free refrigerators, to its Direct Cool Single Door Refrigerator Series. This new range was named the 'Smart Convertible 5-in-1’ range, would include refrigerators with a minimum capacity of 192 liters and be priced at approximately $270. With this LG and Samsung made this technology available to a wider base of consumers.

PART 01: Executive summary

PART 02: Scope of the report

Market overview

Base year

By retail distribution channel (revenue)

By geography

Definitions/descriptions

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

Mechanism of inverter technology refrigerator

Comparison between conventional refrigerators and

inverter technology refrigerators

Inverter technology applied to various types of

compressors such as reciprocating, rotary, and linear

Top reasons for consumers to buy inverter technology

refrigerators

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by retail distribution

channels

PART 07: Geographical segmentation

Inverter technology refrigerator market in APAC

Inverter technology refrigerator market in Europe

Inverter technology refrigerator market in Americas

Inverter technology refrigerator market in MEA

PART 08: Market drivers

Superior performance achieved through variable motor

drive (frequency conversion/control) and choice of

suitable compressor

Attractiveness and sophistication of inverter refrigerators

in terms of design

Innovative inverter technology creating opportunity for

upgrade purchase

PART 09: Impact of drivers

PART 10: Market challenges

Lack of standardization for interface and core frequency

control algorithm

High prices of inverter system owing to low mass

production and heavy reliance on few brands

Low awareness of inverter technology and its benefits

among consumers

Small market for inverter technology refrigerators in

Europe and the US

PART 11: Impact of drivers and challenges

PART 12: Market trends

Value added features to justify high cost of inverter

refrigerators

Inverter refrigerators showcasing green trend

PART 13: Vendor landscape

Competitive landscape

Competitive assessment of key vendors

Hitachi

LG Electronics

Panasonic

Samsung Electronics

Other prominent vendors

PART 14: Explore Technavio