Brazil Home Appliances News

Recent industry report about Brazil Home Appliances company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Brazil Home Appliances Market industry experts.

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Brazil Home Appliances News

  • In May 2023, POSCO Holdings Inc. and LG Electronics Inc. announced that they will collaborate to upgrade POSCO's smart factory technology. The initiative will involve the integration of robotics, artificial intelligence (AI) and wireless communication technologies.
  • In November 2022, Whirlpool Corp. has announced that it is taking steps toward making smart appliances work more harmoniously in home ecosystems by announcing support for Matter, the gold standard of smart home connectivity.
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  • February 2023: Samsung Electronics introduced a smart inverter fridge, which has a double-door facility (RT34T4513S8/HL). Available with five convertible modes. It has special features like a door alarm, Inverter, external display and control (Fridge and Freezer), power Cool/power freeze, stabilizer-free operation (200 ~ 300 V), deodorizer, interior LED Light, and big bottle guards.
  • March 2023: Whirlpool introduced a three-star, inverter, frost-free, double-door refrigerator. It is great for maintaining long lasting cooling.
  • December 2022: Shaker, Saudi Arabia's leading importer, expanded its long-term strategic partnership with LG Electronics through a new supply agreement that will include home appliances and home entertainment products.
  • December 2022: Hisense signed a partnership agreement with Saudi Arabia's United Matbouli Group to expand its operations in the Kingdom.
  • October 2023: Hisense, a global leader in innovation and quality, has partnered with Makro, a prominent South African retail giant, to redefine the world of home appliances in South Africa.
  • September 2023: Samsung has partnered with Decorex, one of Africa’s leading decor and design platforms, to bring Joburgers innovative tech, design, and sustainable living.
  • August 2023: Uber Appliances established a strategic partnership with Snappy, a prominent gifting platform. As a significant development arising from this collaboration, Uber Appliances now showcases its products within two distinct collections on Snappy: the "Rising Voices" gift collection and the "Snappy's Picks" gift collection.
  • July 2022: Toshiba Thailand Co. Ltd. expanded its product offerings by introducing 53 new models, which encompass 18 IoT-enabled variants. This expansion aims to target a broader spectrum of customers in the mid-to-high-end market segment in Thailand. The fresh product lineup includes a diverse range of appliances such as refrigerators, mini-fridges, beauty fridges, air conditioners, and other compact household appliances.
  • May 2023: Mitsubishi Electric Corporation and MOVENSYS Inc. unveiled a new business partnership aimed at enhancing their collaboration within the AC servo and motion control sectors. As a significant aspect of this strategic agreement, Mitsubishi Electric has initiated the process of acquiring an equity stake in Movensys.
  • June 2023: Strata UAE solidified an exciting partnership with Hyperganic, a prominent German energy company, to jointly work on the development of the world's most energy-efficient residential AC unit. This endeavor aligns with the United Arab Emirates' ambitious commitment to achieving net-zero carbon emissions by 2050.
  • June 2022: American Residential Service (ARS) made significant acquisitions by adding three companies to their portfolio: Absolute Air, Captain Electric, and OyBoy Heating. Absolute Air specializes in providing residential services in heating, air conditioning, electrical, and plumbing.
  • October 2023: The renowned global home appliance manufacturer DERO introduced a groundbreaking product, the WH710S Wall-Mounted Smart Space Heater. This innovative heater boasts hyperemic heating technology and an array of Shield 360° safety features, ensuring efficient and quiet operation while prioritizing user safety and protection.
  • September 2023: Haier Appliances India (Haier India) launched its new AI-enabled 959 Direct Motion Motor Fully Automatic Front Load Washing Machines in India. In line with the brand mission ‘Make in India, Made for India,’ Haier aims to introduce future-ready smart home, AI and IoT-enabled laundry solutions that provide premium wash and fabric care with new-age technologies at an affordable price of INR 56,990 (~USD 687) available across Haier official online store and retail stores.
  • May 2023: Samsung, India launched its 2023 range of semi-automatic washing machines with new features such as Soft Closing, Toughened Glass Lid, and Dual Magic Filter. These added features make this latest range an ideal purchase for a seamless laundry experience.
  • May 2022: Samsung, India launched its 2022 range of artificial intelligence-enabled bi-lingual AI EcoBubble™ fully automatic front-load washing machines. The new line-up comes with a new AI Wash feature for an effortless laundry experience and larger capacity models going up to 12 kg, as consumers prefer bigger washing machines.
  • September 2022: Whirlpool India invested INR 115 crore to set up a facility to manufacture premium front-load washing machines at its existing plant in Puducherry. The company also announced its festive season line-up in the laundry care category with a range of semi-automatic and top-load washing machines.
  • January 2023: Daikin unveiled its latest space heaters, harnessing highly energy-efficient heat pump technology to enhance comfort and reduce CO2 emissions. This innovative heat pump system is designed to both cool the air and heat water by extracting stored heat from the surrounding environment.
  • September 2022: Dyson introduced the AM05 space heater, representing a significant leap forward in heating technology. This blade-less system operates silently and boasts a sleek black and nickel color scheme reminiscent of Boba Fett's iconic Slave 1 ship. The AM05 serves as the successor to the AM04, offering a remarkable 33% increase in power. It features a straightforward remote control, a convenient front temperature display, and an adjustable tilting head for improved functionality.
  • June 2023: Panasonic and the Chinese smartphone company Xiaomi forged a strategic partnership to collaboratively manufacture and advance air conditioning systems tailored specifically for the Chinese market. Additionally, as part of their cooperation agreement, the two companies will join efforts in technology development.
  • March 2023: Hitachi Air Conditioning India Ltd. formed a notable partnership with Delhivery Ltd. Within this collaboration, Delhivery is responsible for overseeing the transportation process, which includes the transfer of goods from Hitachi's main warehouse to 21 local distribution centers and the ultimate delivery of products to 1,100 service centers throughout India.
  • August 2023: AstroAI launched a mini makeup skincare fridge of 2nd Gen having a capacity of 6L (LY2206A). The compact fridge has a futuristic aesthetic, plenty of features, and a low-noise system. The detachable helps to easily store beverages, cosmetics, and foods at varying heights. It has unique silicone pads on the base to prevent slippage, while the hidden hinges protect against scratches. AstroAI is built on technological research and development, quality control, product management, and customer service to ensure customers the best experience with the products.
  • September 2022: Eenour launched a new beauty fridge with an LED makeup mirror (3 levels of dimming). It is ideal for storing 12L beauty products (CC-12L/A-JP). Store cosmetics from unopened, unopened, direct sunlight, high temperature, and humidity locations, and places with high-temperature changes. It prevents cosmetic deterioration. EENOUR is a brand in the home & kitchen industry, offering a wide range of compact beauty fridges to its customers.

Brazil Household Appliances Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)