LG’s Home Appliances Solidifies its No. 1 Position in the U.S. Market

Capturing 22.9% market share

LG Electronics ranked No. 1 in market share in the U.S. home appliances market last year. Recognized for its superior product performance and durability for two consecutive years, LG Electronics overtook Samsung Electronics, which claimed the crown until 2023. It plans to continue to put its utmost efforts into defending its title as the ‘No. 1 home appliance company’ in the new year, based on its cutting-edge technology.

According to the U.S. market research firm Traqline, LG Electronics secured a 22.9% market share in the U.S. market in the third quarter of last year based on the sales of six major appliances, ranking it as the No. 1 home appliance company. These six major appliances include refrigerators, washers, dryers, freestanding ranges, dishwashers, and microwave ovens.

Based on sales in 2024, LG Electronics recorded a 21.1% market share, surpassing Samsung Electronics (20.9%), taking the top spot in the U.S. home appliance market in 2023. LG Electronics maintained its No. 1 ranking in the U.S. home appliance market, recording a 21.2% market share in the first quarter of last year, 21.5% in the second quarter, and 22.9% in the third quarter. During the same period, Samsung Electronics ranked second, followed by GE and Whirlpool in third and fourth place, respectively.

 
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