The Infinium Global Research analyzes the Electric Dryers Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global electric dryers market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of electric dryers. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the electric dryers market during the period.
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Growing Availability of Electricity in the Large Part of the Un-Electrified Areas in the World is the Major Driver of the Growth of this Market
The growing availability of electricity in the large part of the un-electrified areas in the world is the major driver of the growth of this market. Further, the growing urbanization and increasing disposable income among the young and middle-class consumers are generating the demand of the energy-efficient electric dryers for the several residential applications. Additionally, the increasing awareness among the farmers about the value addition of their produce through drying of their agriculture products is boosting the demand of the different type of electric dryers for the same purpose. However, the availability of the gas dryer is hampering the growth of this market for the short term. Moreover, the growing environmental awareness and government focus for the energy-efficient electric products are expected to boost this market in the near future.
Global Electric Dryers Market: Segmentation
The global Electric-dryers market is segmented on the basis of type, end user, and distribution channel. On the basis of type, the sub-markets include spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryer, and other types. On the basis of end user, the sub-markets include hotels, residences, food processing & food service, office buildings, hospitals, malls, and other end users. On the basis of distribution channel, the sub-markets include hypermarkets/ supermarkets, specialty retailers, online , and other distribution channels.
North America is the Largest Player of the Electric Dryers Market
Geographically, the electric dryers market is segmented into four regions namely North America, Europe, the Asia-Pacific, the RoW. North America is the largest player of the electric dryers market, owing to the presence of a large number of companies engaged in the dryer business. Further, the growing urbanization of the rural part of North America is helping to grow the demand for the different type of electric dryers for different purposes. The Asia-Pacific electric dryer market is expected to grow at the highest CAGR during the forecast period, owing to the growing demand for the different type of electric dryers for different industrial and domestic purposes.
Global Electric Dryers Market: Competitive Analysis
The global Electric-dryers market comprises several players, some of few profiled companies in this report are Panasonic Corporation, Samsung Electronics Co., Ltd. , Smeg S.p.A, Sears Brands, LLC, Haier Group Corporation, Gorenje, Arçelik A.S., LG Electronics Inc., Electrolux AB, and Robert Bosch GmbH, among others.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the electric dryers.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.