An electric dryer is emerging as a major home appliance. It comprises a tumbling drum and uses hot air to dry clothes. The air inside an electric dryer is heated with the help of coiled wires, with the help of electric current. Consumers are becoming aware about the faster drying cycle of electric dryers, compared to open-air drying of clothes on clothes lines. The open-air drying of clothes is affected during bad weather conditions, whereas an electric dryer can be utilized even during bad weather conditions. Electric dryers are labeled with energy labels, from A to G, where G represents the lowest energy efficient rate and A represents the highest energy efficient rate.
The key factors driving the global electric dryers market
are the need for energy efficient electric dryers among consumers. Consumers
are looking for energy efficient dryers to reduce the consumption of
electricity and save money on bills. Manufacturers are focusing on introducing
more efficient electric dryers to cater to the enhanced demand for energy
efficient appliances with features such as 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.
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High power consumption of electric dryers and high initial
investment are few factors hampering the growth of the electric dryers market.
However, in order to deal with this drawback, 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.
The introduction of innovative features such as the use of
smartphones to control the appliance and wrinkle reduction technology are some
of the key trends observed in the electric dryer market. Use of smartphones
allows consumers to diagnose problems and communicate with the manufacturer
conveniently via text alerts. Manufacturers are investing in technology to come
up with the mechanism that implements tumbling after a cycle to prevent clothes
from wrinkling. Some electric dryers are equipped with features that use steam
to remove wrinkles and odor.
The global electric dryer market is segmented on the basis
of type, end user, distribution channel, and region. Based on type, the market
is fragmented into spin dryers, condenser dryers, heat pump dryers, mechanical
steam compression dryers, solar clothes dryer, and others. End user segment is
divided into hotels, residences, food processing & food service, office
buildings, hospitals, malls, and railway stations among others. Furthermore,
the market is fragmented on the basis of distribution channel into
hypermarkets/ supermarkets, specialty retailers, online and others.
The players involved in the designing, development, and
manufacturing of electric dryers are Samsung Electronics Co., Ltd., Whirlpool
Corporation, Robert Bosch GmbH, Electrolux AB, LG Electronics, Arçelik,
Gorenje, Haier Group Corporation, Sears Holdings (Kenmore), Panasonic
Corporation, and Smeg Group S.p.A. among others. Manufacturers are
likely to make capital investments to introduce products with Energy Star
labels and Wi-Fi enabled dryers. Moreover, increasing collaborations between
players and adoption of different techniques to market and distinguish their
products will be key practices used by vendors.
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