Wednesday, 8 November 2017

New Electric Dryers Market 2022 by Manufacturers and Benefits Forecast

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.


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.


No comments:

Post a Comment