Allied Market Research published a new report, titled, “Electric Dryer Market by Type (Spin Dryer, Condenser Dryer, Heat Pump Dryer, Mechanical Steam Compression Dryer, Solar Clothes Dryer, and Others), Vent Type (Vented Dryer, and Vent Less Dryer), Application (Hotels, Food Services, Office Buildings, Malls, Hospitals, and Others), and Distribution Channel (Supermarkets/hypermarkets, Specialty Stores, Exclusive Stores, Online Retail, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030″
The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
The manufacturing company is aiming to introduce an electric dryer with technological development that is expected to increase the sales of an electric dryer. By use of numerous functionalities in the control settings of the electric dryer, customers may control the dryer cycle. The makers of electric dryers strive to increase the characteristics such as drying speed, energy efficiency, and noise emission. Some electric dryers include a function that uses steam to reduce wear and tear that may eliminate wrinkles and smells. The user may now examine the efficiency of the dryer with the advent of eco-monitors on the LCD panels.
The introduction of innovation such as Smartphone management and wrinkle reduction systems are crucial advances in the electric dryer sector. Manufacturers invest in technology to develop a method to prevent clothing from crumbling after a cycle. Some electric dryers have characteristics that eliminate discs and smells from steam.
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Consumers require energy-efficient electric dryers as the main drivers on the global electrical dryers market. Consumers are seeking energy-efficient dryers to minimize electricity use and to save bills money. Manufacturers aim to implement efficient electricity dryers to meet the increased need for efficient energy-saving devices with characteristics such as drying speed and energy economy as well as noise emissions. In addition, more attention will assist improve heat pump dryers by using less energy in the upcoming years.
Geographically Analysis – North America (U.S, Mexico, and Canada), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)
The advent of the global pandemic, COVID-19, has affected the electric dryer market negatively. An electric dryer is used to dry clothes with its heat wave. During the ongoing pandemic, the electric dryer was not considered a necessary product. Therefore, the demand for an electric dryer has decreased during these times.
The key market players profiled in the report include:
• General Electric Company
• LG Electronics Inc.
• Samsung Electronics Co Ltd.
• Whirlpool Corporation
• Robert Bosch GmbH
• Maytag Corporation
• Insignia Systems Inc.
• Haier Group Corporation
• Electrolux AB
• Panasonic Corporation.
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Key Benefits of the Report
• This study presents the analytical depiction of the electric dryer industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the dryer market share.
• The current market is quantitatively analyzed from 2020 to 2030 to highlight the electric dryer market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed electric dryer market analysis on the basis of competitive intensity and how the competition will take shape in coming years
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