What is Electric Clothes Hanger?
Electric Clothes Hanger are machines that help dry clothes quickly by removing moisture from washed clothes. These machines are strategically placed near washing machines to facilitate the transfer of clothes from the washer to the dryer. These dryers can use electricity or gas to heat the tumblers, allowing the clothes to dry quickly. Condensed dryers suck out moisture from the clothes and collect it at the bottom of the machine for later disposal, whereas vented dryers suck in atmospheric air and heat it up to dry the clothes. Although the majority of the global laundry dryer market is for residential use, commercial establishments such as hotels and hospitals make extensive use of electric clothes hangers.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Whirlpool Corporation (United States), Samsung Electronics Co., Ltd. (South Korea), LG Electronics (South Korea), Electrolux AB (Sweden), Haier Smart Home Co. Ltd. (China), Robert Bosch GmbH (Germany), Amana Corporation (United States), Maytag Corporation (United States), Indesit Co. (Italy) and Siemens AG (Germany) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Single Pole Hanger and Double Pole Hanger) , by application (Residential, Commercial and Others) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Electric Clothes Hanger market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Electric Clothes Hanger market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are Whirlpool Corporation (United States), Samsung Electronics Co., Ltd. (South Korea), LG Electronics (South Korea), Electrolux AB (Sweden), Haier Smart Home Co. Ltd. (China), Robert Bosch GmbH (Germany), Amana Corporation (United States), Maytag Corporation (United States), Indesit Co. (Italy) and Siemens AG (Germany).
The global Electric Clothes Hanger market is strongly competitive and having some of the major key players. In terms of vendors share, some of the major leading players highly dominate the global market share. These market-leading players are focusing on strategic collaborative initiatives to strengthening their market share and grow their profitability.
Electric Clothes Hanger Market Dynamics:
Attributes | Details |
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Growth Drivers | - Growing Urbanization across the Globe
- Growing Commercial Activities
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Major Trends | - Adoption of a New Intelligent Electric Clothes Hanger Control System is Accelerating
- Rapid Adoption of a New Intelligent Electric Clothes Hanger System
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Restraints | - High Production Cost Associated with Clothes Hanger
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Road Blocks / Challenges | - Growing Environmental Concerns Regarding Electric Clothes Hanger
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Gaps & Opportunities | - High Growth in the Residential Industry
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Key highlights of the Global Electric Clothes Hanger market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Electric Clothes Hanger market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Electric Clothes Hanger market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Electric Clothes Hanger Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Electric Clothes Hanger market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Electric Clothes Hanger market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Electric Clothes Hanger Manufacturer, Raw Material Suppliers, New Entrants and Investors, Electric Clothes Hanger Distribution and Supplier, Government Bodies, Research Organizations, End-Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.