- If you have ever been confused about what the best-rated kitchen appliance brands are, this article will help you sort that out with detailed and well-researched facts. Hopefully, you’ll find this really helpful and perhaps might help you make the best decision on your next purchase of quality kitchen appliances.
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ToggleDifferent kitchen appliances can be found in each and every kitchen around the world today, but people faced with purchasing new appliances in today’s competitive market must ask themselves: What is the best-rated kitchen appliance brand? Due to the highly competitive nature of the market for home appliances, old and reputable brands feel the need to continue to produce the type of quality appliances that gave them their spots in the industry while the newer ones are also doing considerably well, albeit, playing catch-ups.
Kitchen appliances such as refrigerators, microwaves, food processors, blenders, cooking ranges, and dishwashers can be found in most households, and for many, are considered a basic necessity for living. More importantly, these appliances make life much easier than when they never existed. These days, instead of opting for the traditional way of cooking, thanks to the invention of these tech-inspired appliances, cooking has been made way easier and you won’t even have to break a sweat because they produce less heat compared to the traditional methods of cooking. Undoubtedly, they have improved lives and have greatly contributed, at least to an extent, to help reduce certain health hazards.
Explosive Growth and Innovation in the Kitchen Appliance Market: A Boon for Consumers
Over the last decade, the kitchen appliances market has grown exponentially. Competition has added complexity to the market for consumers. This cutthroat atmosphere has prompted all participants – both big and small – to heavily invest in innovation. Their goal isn’t only to attract new customers but also to retain their existing ones. This strategy has benefited the consumers who can now enjoy not only tech-inspired products but also reduced prices. To ensure their customers stay loyal, these brands offer amazing deals, some of which are unique to their brands alone.
An article on BizVibe claims that according to market research experts, the industry which houses kitchen appliances is expected to reach $337.70 billion by the end of 2027. Just last year, some of the best-rated kitchen appliance brands in the world accrued a sum of over $1 billion in revenues. This explains why more money has been pumped back into the highly competitive market because it is a very lucrative one.
Best Rated Kitchen Appliance Brand Available
Let’s take a look at some of the biggest sharks in the kitchen appliance tank. Different appliance brands such as Samsung, LG, GE, Whirlpool, Bosch, and others are currently putting out their highest quality products in years in an attempt to claim the biggest share of the market. All the brands mentioned have something to give, and knowing the strengths and weaknesses of each brand is important when considering the highest-rated appliance brands.
We are going to take each brand separately and delve into those strengths and weaknesses to help you make the most informed decision possible.
1. SAMSUNG
Undoubtedly, Samsung’s pursuit of excellence and quality places it among the top 10 kitchen appliance brands in the world. Founded in South Korea in 1938, Samsung has consistently released high-end, innovative products that have significantly improved lives. Statistics show that Samsung ranks as one of the best-selling kitchen appliance brands in the USA, even though it originated in Asia. In the Western world, Samsung has crafted products that appeal due to their seamless tech integration with other Samsung devices like TVs and smartphones. For instance, you can easily connect your Samsung refrigerator to your Samsung Galaxy device using the Samsung SmartThings app, which facilitates this connection.
People around the globe recognize Samsung as one of the most reliable appliance brands. Last year, Samsung reported a revenue of $208.5 billion, making it one of the highest-earning among the best-rated kitchen brands in the world. It also boasted a reliability rating of a staggering 10.04%. Samsung’s kitchen appliance offerings include refrigerators, dryers, dishwashers, microwaves, cooktops and stove tops, ovens, washers, washing machines, ranges, and many more.
DID YOU KNOW?
According to an article published by BusinessInsider, Samsung’s accounts alone are responsible for about 17% of Korea’s Gross Domestic Product (GDP).
2. LG
According to J.D. Power Ratings, customers rated LG as the best kitchen appliance brand for 6 different types of appliances, including ovens, refrigerators, and many more. The multi-national award-winning electronics company originates from South Korea, with their headquarters in Yeouido-dong, Seoul. In terms of revenue, LG ranked as the 4th best kitchen appliance brand globally in 2020, generating an annual revenue of $54.4 billion. Based on the service calls conducted by Yale Appliance, LG also received a reliability rating of 5.98%, one of the best ratings for an electronic brand worldwide.
LG not only has a reputation for producing kitchen appliances, but they also produce a variety of electronics including audio equipment, televisions, sound systems, sound bars, and many more. Their largest markets are North America and South Korea.
LG, a prominent appliance brand, is known for its higher end specialty products and its focus on innovation. For example, they offer a radiant cooktop, not featured by Maytag, that users can control by touching the glass surface alone. This focus on innovation reflects a major shift in the company’s priorities; they are now aiming to be the industry’s trailblazers.
As businesses and families have grown in size, so have the refrigerators that LG manufactures. LG has also begun producing more and more double ovens, which have become increasingly popular in industrial cooking because they allow for the simultaneous preparation of entrees and desserts.
However, LG’s ‘Golden Goose’ is the cooking sensor they have implemented in their microwave ovens. This sensor ensures the food you are about to consume is cooked just right. But, as the quality of LG’s higher-end kitchen appliances has increased, so have their prices.
DID YOU KNOW?
LG Electronics, the part of the parent company (LG Groups) that deals with production of electronics has over 72,600 employees worldwide.
3. GENERAL ELECTRIC (GE)
General Electric might be the most underrated kitchen brand in history. It doesn’t receive the recognition it truly deserves, but it consistently achieves high ratings. Founded in 1892, this multinational American company, based in Boston, Massachusetts, USA, earned the second-highest revenues among top appliance brands in 2020. In 2019, its revenues exceeded $121.61 billion. GE’s product portfolio includes kitchen appliances like refrigerators, ranges, microwaves, washers, and many more. Moreover, it also ventures into other fields such as aviation, digital industry, venture capital and finance, renewable energy, power, and lighting.
If you consider variety crucial for your personal appliance needs, choose GE. GE provides the most options at prices the average consumer can afford, ensuring its competitiveness in the market. It offers cash back, multiple rebate opportunities, and substantial discounts for those who want to buy multiple appliances at once!
Personalization is GE’s strong suit, which is one of the main reasons it has maintained its position as one of the top-rated kitchen appliance brands. GE stands alone in offering its customers custom appliances like refrigerators for premium wine collections.
DID YOU KNOW?
General Electric was founded in 1892 by a merger between Edison General Electric in Schnectady and Thomson-Houston Electric Company in Lynn, Massachusetts. (The Daily Gazette)
Brand | Founded | Founder | Area served |
---|---|---|---|
SAMSUNG | 1938 | Lee Byung-Chul | Worldwide |
LG | 1947 | Koo In-Hwoi | Worldwide |
GENERAL ELECTRIC (GE) | 1892 | Thomas Edison Elihu Thomson Edwin J. Houston Charles A. Coffin J.P. Morgan | Worldwide |
WHIRLPOOL | 1911 | Louis Upton Emory Upton | Worldwide |
BOSCH | 1886 | Robert Bosch | Worldwide |
A table that shows each kitchen appliance brand, the founder and when it was founded
4. WHIRLPOOL
Just like GE, Whirlpool is another one of the best appliance manufacturers in the world with its headquarter located at Benton Charter Township, Michigan, United States. According to the data provided by Yale Appliance, Whirlpool is statistically the most reliable kitchen appliance brand in the world with a reliability rating of 4.04% this year due to a low percentage of service calls made on their products. Last year, the company achieved an impressive $21.25 billion in revenues; a remarkable accomplishment for a company founded 108 years ago, now ranked among the Fortune 500 companies. To maintain their reputation for providing high-quality kitchen appliances, Whirlpool employs over 92,000 people and operates 76 research centers worldwide!
DID YOU KNOW?
An index on Expanded Ramblings indicated that 54% of Whirlpool sales are from North America.
5. BOSCH
Bosch, a German engineering company based in Gerlingen, Stuttgart, Germany, holds a strong reputation for its high-quality products, which secured its 6th position in Yale Appliance’s reliability rating. People often perceive Bosch not only as one of the top-rated kitchen appliances brands globally but also as one of the priciest due to the standout nature of their products. These typically cost more than most Samsung or LG appliances.
As you would expect from an expensive brand, Bosch’s products often feature premium capabilities like self-cleaning home appliances and self-cooling ovens. Last year, Bosch generated over $84.84 billion in revenues, positioning it 3rd by revenue on the list of the top 10 kitchen appliances brands in the world. Robert Borsch founded Bosch in Germany in 1886. The Robert Bosch Stiftung charitable institution owns 92% of the company, with the Bosch Family and Robert Bosch sharing the remaining percentage at 7% and 1% respectively.
DID YOU KNOW?
As of March 2019, the number of employees working under Bosch was set at approximately 400,100. (Wikipedia)
Revenue vs Company
A chart showing of each kitchen appliance brand ranking by revenue according to information provided by BizVibe
FREQUENTLY ASKED QUESTIONS
What is the best brand for kitchen appliances?
This might seem like a twisted question and the answer might vary due to our differing perspectives. However, we sincerely hope that this article has helped answer that question, at least to some extent. We conducted thorough research on every brand featured on this list, and every stated fact is nothing but true.
How do you identify the best kitchen appliance brand?
As stated earlier, the best kitchen appliance brand will always make a list of the best appliance brands in the world. If you read as many articles as you can, and there’s a recurrent appearance from that brand, then that’s enough proof that the brand is reputable enough.
What Kitchen Appliance Brand is Right for You? – Final Verdict
In the end, just some of the brands from a vast pool of companies compete for your money. It’s understandably difficult to distinguish between these companies, but it’s important to understand that the industry builds around satisfying the customer’s personal needs. The first step in choosing the right brand for you is identifying what those needs are.
While any number of companies might satisfy your kitchen appliance needs, this comprehensive list of the best rated kitchen appliance brands can help you differentiate which brands make sense for you and which don’t. With the industry’s ever-growing innovation, as well as some truly inspired deals, the market shows no signs of becoming less competitive any time soon!
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