More than 650 million appliances being shipped worldwide in 2015 alone for this multi-billion dollar industry. The performance of the market is forecast to accelerate, with an anticipated CAGR of 7.5% for the five-year period 2013 – 2018, which is expected to drive the market to a value of $423.3 billion by the end of 2018. Appliances in this categories home laundry appliances, ovens, dishwashers, refrigerators, freezers, heaters and air conditioning units.
Armed with a few market leaders such as Philips, Panasonic, LG Electronics as our key customers, Rapid Conn have been making foray into this challenging industry. We design and customise wire harnesses for vacuums, microwave ovens, garments, home appliances and entertainment divisions. Starting with simple wire harnesses for the garment industry to the more complex wire harnesses for the microwave oven industry, we envision to capture a commanding share of the white goods industry by providing the same expertise and services and continuing our growth through rapid geographic expansion.