The winning Electric Dryers market study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. The market survey report gives the details about market trends, future prospects, market restraints, leading market drivers, several market segments, key developments, key players in the market, and competitor strategies. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the market has also been included. Furthermore, businesses can decide upon the strategies about the product, customer, key player, sales, promotion or marketing by acquiring a detailed analysis of competitive markets via Electric Dryers report.

An international Electric Dryers market research report examines competitive companies and manufacturers in the global market. It studies market by product type, applications and growth factors. Moreover, industry status and outlook for major applications, end users, and usage area is also included for the market study. This market document puts light on various aspects of marketing research that range from important industry trends, market size, market share estimates, sales volume, emerging trends, product consumption, customer preferences, historic data along with future forecast and key player analysis. An unswerving Electric Dryers report has answers to many important questions that companies may have when operating in the Electric Dryers industry.

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Increasing adoption of electric dryers due to their energy efficiency and eco-friendly nature is expected to drive the market growth. Furthermore, growing consumer demand for advanced features and smart functionalities in electric dryers, which act as driver for the market.                                

Data Bridge Market Research analyses that the global electric dryers market which was USD 11.89 billion in 2022, would rocket up to USD 17.06 billion by 2030, and is expected to undergo a CAGR of 4.62% during the forecast period. This indicates that the market value. “Heat pump dryers” dominates the type segment of the global electric dryers market due to their energy efficiency and lower operating costs compared to other types. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Market Definition

Electric dryers have evolved into important home appliances. It has a droplet and uses thermal air to dry clothes. An electric current heats the air within an electric dryer using spiral wires. Customers become aware of the faster drying cycle for electric dryers when compared to clothes-line open-air drying. The drying out of clothing in the open air has a bad weather effect, whereas an electric dryer may still be used in awful weather.        

Opportunities

• Smart Technology Integration

The opportunity lies in incorporating smart features like connectivity, sensors, and automation, which will improve user convenience and efficiency.  

Some of the major players operating in the global electric dryers are:

• Whirlpool Corporation (United States)
• LG Electronics Inc. (South Korea)
• Samsung Electronics Co., Ltd. (South Korea)
• Electrolux AB (Sweden)
• Haier Group Corporation (China)
• Midea Group Co., Ltd. (China)
• Bosch GmbH (Germany)
• Panasonic Corporation (Japan)
• Siemens AG (Germany)
• General Electric Company (United States)
• Hisense Group Co., Ltd. (China)
• Toshiba Corporation (Japan)
• Fisher & Paykel Appliances Holdings Limited (New Zealand)
• Indesit Company S.p.A. (Italy)

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Global Electric Dryers Market Scope

The global electric dryers market is segmented on the basis of type, distribution channel and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Spin Dryers
• Condenser Dryers
• Heat Pump Dryers
• Mechanical Steam Compression Dryers
• Solar Clothes Dryer

Distribution Channel

• Supermarket and Hypermarkets
• Company Owned Stores
• Specialty Stores
• E-Commerce
• Others

End User

• Hotels
• Residences
• Food Processing and Food Service
• Office Buildings
• Hospitals
• Malls
• Railway Stations
• Others

Global Electric Dryers Market Regional Analysis/Insights

The global electric dryers market is analysed and market size insights and trends are provided by country, type, distribution channel and end user, as referenced above.

The countries covered in the electric dryers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the electric dryers market due to the introduction of different technological innovations, such as the super-efficient dryer initiative to support improvements in dryer energy effectiveness in the region.   

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Our research and insights assist our clients in identifying business partners.

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