About Electric Clothes Dryer
The global Electric Clothes Dryer market is expected to witness high demand due to undergoing a transformation driven by highly efficient heat pump dryer technology. An electric clothes dryer is a powered household appliance that is used to remove moisture from a load of clothing, bedding and other textiles, usually shortly after they are washed in a washing machine. There are various benefits of electric clothes dryer including the use of smartphones to control appliances and wrinkle reduction technology. The vendors are investing in technology and innovation to come up with a mechanism within electric dryers that implements tumbling after a cycle to prevent clothes from wrinkling.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Manufacturers have started focusing on technical developments for obtaining enhanced energy labels. With advancements in technology, the new generation of electric dryers consists of smart features such as moisture sensors and LED interfaces. Moreover, increasing collaborations between players and the adoption of different techniques to market and distinguish their products will be key practices used by vendors. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Electric Clothes Dryer market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amana (United States), Bosch (Germany), Electrolux (Sweden), Frigidaire (United States), Haier (China), Kenmore (United States), LG (South Korea), Siemens (Germany), Maytag (United States), Samsung (South Korea) and Indesit (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Zanussi (Italy), Hoover (United States), Miele (Germany) and Beko (Turkey).
Segmentation Overview
AMA Research has segmented the market of Global Electric Clothes Dryer market by Type (Vented Electric Clothes Dryer and Non- Vented Electric Clothes Dryer), Application (Residential and Commercial) and Region.
On the basis of geography, the market of Electric Clothes Dryer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online Distribution Channel will boost the Electric Clothes Dryer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Manufacturers are focusing on introducing more efficient electric dryers to cater to the enhanced demand for energy-efficient appliances with features such as the speed of drying, along with energy efficiency, and noise emissions. Furthermore, increasing emphasis on improving heat pump dryers as they use less energy will help in the evolution of the market in the coming years.
Market Growth Drivers:
High Demand for Energy Efficient Electric Dryers and Increasing Adoption due to Online Availability
Challenges:
High Initial Investment Associated with Electric Clothes Dryer
Restraints:
High Power Consumption of Electric Clothes Dryers
Opportunities:
High Demand due to the Use of Smartphones to Control the Appliance and Wrinkle Reduction Technology
Market Leaders and their expansionary development strategies
In July 2022, Samsung launched a new line of washers and dryers. Samsung's Bespoke laundry line includes gas washer dryer sets and electric washer dryer sets with customizable, brand-new smart features. Plus, when you pre-order a new Samsung Bespoke washer dryer set, you'll receive a bunch of great incentives including free money.
In September 2022, Xiaomi launched a clothes-drying machine called the Smart Clothes Dryer Pro with the aim of making life simpler and easier. The machine has been launched under the MIJIA brand. It is an upgraded version of MIJIA Smart Clothes Dryer and MIJIA Clothes Dryer, which were introduced some time ago. The new clothes dryer comes with a load-carrying capacity of 35kg. It will be available through a crowdfunding campaign.
Key Target Audience
Electric Clothes Dryer Manufactures, Electric Clothes Dryer Suppliers, Electric Clothes Dryer Distributors, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.