Electric Dryers Market: Competitive Dynamics & Global Outlook 2025 - QY Research
This report studies the Electric Dryers market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
In order to prevent wear and tear, electric dryers use steam to get rid of wrinkles, and remove odor. Eco-monitors on the LCD screens tell users about the energy used and efficiency of the dryer. Some electric dryers are also equipped with self-cleaning abilities such that the dryer is cleaned with the condensed water. With the frequency of fires caused by electric dryers, it is essential for vendors to incorporate this technology which will prevent the accumulation of lint and lower energy consumption.
The analysts forecast the global electric dryers market to grow at a CAGR of 3.9% during the period 2018-2022.
One of the significant trends observed in the market is the introduction of innovative features in electric dryers, such as the use of smartphones to control appliances and wrinkle reduction technology. The use of smartphones will allow consumers to diagnose problems and communicate with the manufacturer conveniently through text alerts. The vendors will be investing in technology and innovation to come up with a mechanism within electric dryers that implements tumbling after a cycle to prevent clothes from wrinkling.
The market appears to be highly competitive, and few major players control the level of competition. The businesses will invest in innovation of technology and products to provide unique features, quality, and price to maintain themselves in the market. Also, increasing collaborations between players and the adoption of marketing techniques to distinguish their product and service offerings will be a few practices used by businesses to survive in the market during the forecast period.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Electric Dryers in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Electrolux
GE
LG Electronics
Samsung Electronics
Whirlpool
Arcelik
Asko
Crosslee
Gorenje
Haier Hoovers
Kenmore Appliances
Midea
Miele Panasonic
Robert Bosch
Smeg
By the product type, the market is primarily split into
Vented electric dryers
Ventless/condenser dryers
By the end users/application, this report covers the following segments
Speciality retailers
Hypermarkets, supermarkets, and departmental stores
Others (discount stores, general merchandisers, and online)
The study objectives of this report are:
To study and analyze the global Electric Dryers market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Electric Dryers market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Electric Dryers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electric Dryers with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Electric Dryers submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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