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Electric Dryer Market Growth, Demand & Opportunities.

The Ministry of Tourism, Government of India, aims to develop infrastructure at important heritage and pilgrimage cities/destinations under its Pilgrimage Rejuvenation and Spiritual, Heritage Augmentation Drive (PRASHAD) Scheme, and improve its hotels and resorts under its Time Share Resort (TSR) Scheme.

Similarly, the Government of Canada aims to strengthen the reputation of Canadian towns as world-class convention destinations under its Building Canada initiative. Thus, the rising focus of governments on creating improved infrastructure for tourist destinations and cities will create a huge requirement for electric dryers, globally.

Moreover, the huge investments being made by governments in infrastructure development will also strengthen the electric dryer market in the foreseeable future. For example, the Australian government allocated $2.5 billion to local councils under its Local Roads and Community Infrastructure (LRCI) Program in 2020.

Additionally, the ongoing technological advancements will also encourage the uptake of electric dryers worldwide. The energy labels of electric dryers range from A to G, wherein A represents the highest efficiency rate; whereas, G represents the lowest energy rate.

For Getting More Insights of This Report:-
https://www.psmarketresearch.c....om/market-analysis/e

As electric dryers consume a lot of energy, their manufacturers are proactively working toward obtaining enhanced energy labels through advanced technologies. The manufacturers are also making significant efforts to improve the control systems of electric dryers to enhance their efficiency.

With the surging consumer awareness about the faster drying cycle of electric dryers, people around the world are shifting from open-air drying of clothes to these new machines.

In contemporary times, the electric dryer market is dominated by General Electric Company, Robert Bosch GmbH, LG Electronics Inc., Samsung Electronics Co. Ltd., Indesit Company, Crosslee PLC, Electrolux AB, and Whirlpool Corporation.

These companies produce spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, and solar cloth dryers for hotels, hospitals, food processing and food service companies, malls, office buildings, and railway stations of Asia-Pacific (APAC), North America, Europe, and Rest of the World.

In recent years, the introduction of eco-monitors on the liquified crystal display (LCD) screens of the dryers has enabled users to see their efficiency.

Therefore, the improving hospitality sector and the soaring infrastructure expenditure will encourage the use of electric dryers in the coming years.

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