Boston, MA -- (SBWIRE) -- 08/20/2015 -- An electric dryer consists of a tumbling drum, which uses hot air to dry clothes. The air inside an electric dryer is heated with the help of coiled wires, which gets hot when electric current is passed through them.

Electric dryers have emerged as a major home appliance as they offer a faster drying cycle compared to outdoor drying on clotheslines. They can be used irrespective of the weather conditions. With advances in technology, an electric dryer comes with features like moisture sensors and LED interfaces.

Technavio's analysts forecast the global electric dryers market to grow at a CAGR of 4.02% during 2014-2019.

Commenting on the report, an analyst from Technavio's team said: "Various features in the control settings of the dryers allow the user to regulate the dryer cycle. Dryers are now available with moisture and temperature sensors which cause the machine to stop when moisture content in the exhaust is low. Vendors are also trying to improve on features like noise emissions and speed of drying along with energy efficiency. To prevent wear and tear, some dryers use steam to refresh outfits, remove wrinkles and odors. Eco-monitors on the LCD screens allow users to get acquainted with the energy used and the efficiency of the dryer."

Get More Details on this Report and a Full Table of Contents at Global Electric Dryer Market 2015-2019

According to the report, dryers usually have energy labels ranging from A to G, with A representing the highest energy efficiency rate and G the lowest. Consumers are apprehensive about purchasing electric dryers because of the high energy levels required to run this equipment, which may lead to increased overheads. To address such apprehensions, most vendors have begun to focus rigorously on technical developments to obtain better energy labels. Manufacturers have begun to enhance the control systems of dryers.

Further, the report states that threat from gas dryers is a major challenge faced by the market.

The key players in the Global Electric Dryer Market are Electrolux, General Electric, LG, Samsung Electronics and Whirlpool while other prominent vendors include Bosch, Crosslee, Indesit, Miele and TTI Group

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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