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Home | Search Global IT News: IT News & Press Release Distribution: Electric Dryers Industry Analysis by Industry, Share, Size, Forecast and Competitive Landscape   (IT-NEWSWIRE.COM, March 16, 2018 ) Publisher's market analysts predict that the global electric dryers market will grow progressively and post a CAGR of approximately 4% by 2020. One of the major factors driving the market will be the growing need for energy efficient electric dryers among consumers. Consumers in the market will opt for energy efficient dryers to reduce the consumption of electricity and save money on utility bills. As electric dryers consume a significant amount of electricity, the vendors are increasingly focusing on technical developments to produce ENERGY STAR certified electric dryers, which will help consumers make the right choice while making a purchase. Also, the majority of players are focusing on introducing more efficient electric dryers to cater to the augmented demand for energy-efficient appliances. Moreover, factors such as the increasing emphasis on improving heat pump dryers as they use less energy will also help in the evolution of the market over the next four years. One of the significant trends observed in the market is the introduction of innovative features in electric dryers, such as the use of smartphones to control appliances and wrinkle reduction technology. The use of smartphones will allow consumers to diagnose problems and communicate with the manufacturer conveniently through text alerts. The vendors will be 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. Request Sample Copy is Available @: http://www.reportsweb.com/inquiry&RW0001386115/sample Competitive landscape and key vendors The market appears to be highly competitive, and few major players control the level of competition. The businesses will invest in innovation of technology and products to provide unique features, quality, and price to maintain themselves in the market. Also, increasing collaborations between players and the adoption of marketing techniques to distinguish their product and service offerings will be a few practices used by businesses to survive in the market during the forecast period. Key vendors in the market are - Electrolux GE Whirlpool LG Samsung Other prominent vendors in the market are Arçelik, Asko, Crosslee, Gorenje, Haier, Hoovers, Kenmore Appliances, Midea, Miele, Panasonic, Robert Bosch, and Smeg. Inquire before Buying at: http://www.reportsweb.com/inquiry&RW0001386115/buying Segmentation based on distribution channel and analysis of the electric dryers market Speciality retailers Hypermarkets, supermarkets, and departmental stores Others (discount stores, general merchandisers, and online) During 2015, the specialized stores segment dominated the market accounting for approximately 60% of the total market share. The major factor contributing to the growth of this sector will be the availability of a large variety of brands, extensive product portfolios, and the sale of similar types of goods across all outlets. Segmentation based on geography and analysis of the electric dryers market APAC Europe North America ROW Table of Contents PART 01: Executive summary PART 02: Scope of the report PART 03: Market Research Methodology PART 04: Introduction PART 05: Market landscape PART 06: Geographical segmentation PART 07: Market drivers Complete Report is Available at: http://www.reportsweb.com/global-electric-dryers-market-2016-2020 About Us: ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. Contact Us: Phone: +1-646-491-9876 Email Id: sales@reportsweb.com ReportsWeb.com Rajat Sahni 6464919876 akash.kale@thensightpartners.com Source: EmailWire.Com Source: EmailWire.com

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