The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Technological advances are expected to drive innovation in electric dryers manufacturing, thus driving the market during the forecast period.

The global electric dryers market is expected to grow from $11.15 billion in 2021 to $11.96 billion in 2022 at a compound annual growth rate (CAGR) of 7.2%. The global electric dryers market is expected to reach $14.77 billion in 2026 at a CAGR of 5.4%.

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Global Electric Dryers Market Segments Include:

• By Type:Spin Dryers, Condenser Dryers, Heat Pump Dryers, Mechanical Steam Compression Dryers, Solar Clothes Dryer, Other Types
• By Type Of Vent:Vented Dryer, Ventless/Condenser Dryer
• By Distribution Channel:Specialty Stores, Company-Owned Stores, Hypermarkets and Supermarkets, Online, Other Distribution Channels
• By End User:Commercial, Residential
• By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global electric dryers market in 2021.

Major Market Players in the electric dryers market include Haier Electronics Group, LG Electronics, SAMSUNG, Robert Bosch, Koninklijke Philips, Whirlpool, Panasonic, Groupe SEB, HAAN, and Conair.

Dryer manufacturers are increasingly producing energy-efficient products to reduce their carbon footprint and enable energy savings for consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology. Energy-efficient appliances are designed to utilize minimum energy to complete the required task. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, in the USA, ENERGY STAR-certified dryers use 20% less energy than a standard washing machine.

The Electric Dryers Global Market Report 2023  provides a electric dryers market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The electric dryers market forecast analyzes electric dryers market size, electric dryers market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An electric dryer is a dryer that dries clothes using electric heat. The blower and drum motors inside the dryer are also powered by electricity and the voltage used by electric dryers is 240 volts.

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