Global Electric Dryers Market
is expected to grow at a significant CAGR in the upcoming years as the scope
and its applications are increasing across the globe. The factors that propel
the growth of the Electric Dryers Industry include increasing demand, rapid
urbanization & industrialization, technological innovations, product
development, and a wide range of applications.
Electric Dryers Market is
classified on the basis of product type, applications, distribution channel,
and geography. Electric Dryers Industry is segmented by product type as vented
electric dryers, ventless /condenser dryers and others. Electric Dryers Market
is classified on applications as factory, home, lab, and others. Electric
Dryers Industry is segmented by distribution channel as online stores,
specialty stores, hypermarkets, supermarkets, departmental stores and others.
Electric Dryers Market is classified on the basis of geography as North
America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and
Middle East and Africa.
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The North American region
consists of the U.S., and Canada. Latin America region consists of Mexico and
Brazil. The Western European region consists of Germany, Italy, France, England
and Spain. The Eastern European region consists of Poland and Russia. Asia
Pacific region consists of China, India, ASEAN, and Australia & New
Zealand. The Middle East and African region consists of GCC, South Africa and
North Africa.
By geography, North America is
projected to account a major share of the Electric Dryers Market. The key
factor that fuels the growth of this region is owed to technological
innovations. Some of the key players that fuel the growth of the Electric
Dryers Market include Arcelik, Asko, Hoovers, Crosslee, Haier, Electrolux, GE,
Gorenje, Kenmore Appliances, LG, Samsung, Whirlpool, and others. The key
players are focusing on inorganic growth to sustain themselves amidst fierce
competition. As such, mergers, acquisitions, and joint ventures are the need of
the hour.
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