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Electric Blankets Market 2018: Global Industry Analysis By Top Key Players- Rainbow Group, Sunbeam, Caiyang, Shanghai Xiaomianyang Electric, Qingdao Qindao Electric, Perfect Fit Industries, LLC., Beurer, Tenacta Group S.p.A., Bokuk Electronics CO.

09-11-2018 02:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Hive Research

Electric Blankets

Electric Blankets

Global Electric Blankets Market this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Over the next five years Electric Blankets will register a 1.5% CAGR in terms of revenue, reach US$ 1920 million by 2023, from US$ 1750 million in 2017.

An electric blanket has an electrical heating device built in that is meant to be placed above the bed sheet. In Commonwealth countries, however, it refers to an electric mattress pad that is kept below the bottom bed sheet. They comprise a control unit that allows the user to adjust the heat produced by the device. Larger size beds may even have two separate control units for both sides of the bed. An electric blanket can be useful to heat the bed to a certain level before sleeping to keep the occupant cosy and warm. Typical low voltage electric blankets work on 12-24 volts and are made of thin carbon fibre wires. The electric blanket was invented more than a century ago by American inventor Samuel Russell, while the first recorded sale in the electric blanket market was by the Samson United Corporation in 1930.

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The Key Manufacturers Covered:
• Rainbow Group
• Sunbeam
• Caiyang
• Shanghai Xiaomianyang Electric
• Qingdao Qindao Electric
• Perfect Fit Industries, LLC.
• Beurer
• Tenacta Group S.p.A.
• Bokuk Electronics CO. and More....

One of the key drivers of the electric blanket market is the affordability, comfort and convenience afforded. Electric blankets are much less expensive than heaters. They can be of great use in countries in the polar or temperate regions which suffer from long and harsh winters. A lot of buyers are able to save substantially on their electric bills by looking at the electric blanket market to satisfy their needs. While electric blankets were very poorly insulated and notoriously thin in the past, they are now made of thick fleece which provides enough natural insulation and warmth even without the help of electricity. Modern electric blankets can also be washed along with pillow cases and bed sheets which allow people to carry them anywhere and use anytime.
While electric blankets offer users a cost-effective and convenient experience, there are certainly legitimate concerns that users may have. Frequent use of electric blankets can negatively impact a man’s fertility. As per the American Pregnancy Association, a man’s sperm count can decrease if the testicles become too warm from using electric blankets.

Even pregnant women are advised caution while using an electric blanket as overheating the body can have dangerous consequences for the foetus. Diabetics should also be careful as high glucose levels can lead to diabetic neuropathy which can cause numbness in an affected area. A diabetic with a loss of feeling may not realise how hot the blanket is and could even suffer burns in the process.
The second challenge in the electric blanket market is a lack of awareness. People may not know that such a product exists and even if they do, they might use it incorrectly. The New York Police Department estimates that blankets over a decade old cause 99% of electric blanket fires. Most fires are due to bad cords, igniting materials close by or overheating. Proper use greatly reduces the fire risk. Some concerns have also been raised about possible carcinogenic properties. These blankets create electromagnetic fields which may cause certain types of cancer. While most research is inconclusive, this can worry potential customers in the electric blanket market and proper education is required.

Segmentation by product type:
• Underblankets
• Overblankets

Segmentation by application:
• Commercial use
• Home use

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This report also splits the market by region:
• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia and More…

If you have any special requirements, please let us know and we will offer you the report as you want.

Research objectives
• To study and analyze the global Electric Blankets consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
• To understand the structure of Electric Blankets market by identifying its various subsegments.
• Focuses on the key global Electric Blankets manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Electric Blankets with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks) and More…

Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Electric Blankets Consumption 2013-2023
2.1.2 Electric Blankets Consumption CAGR by Region
2.2 Electric Blankets Segment by Type
2.2.1 Underblankets
2.2.2 Overblankets
2.3 Electric Blankets Consumption by Type
2.3.1 Global Electric Blankets Consumption Market Share by Type (2013-2018)
2.3.2 Global Electric Blankets Revenue and Market Share by Type (2013-2018)
2.3.3 Global Electric Blankets Sale Price by Type (2013-2018)
2.4 Electric Blankets Segment by Application
2.4.1 Commercial use
2.4.2 Home use
2.5 Electric Blankets Consumption by Application
2.5.1 Global Electric Blankets Consumption Market Share by Application (2013-2018)
2.5.2 Global Electric Blankets Value and Market Share by Application (2013-2018)
2.5.3 Global Electric Blankets Sale Price by Application (2013-2018)
TOC Continued….!

Tables And Figures
• Figure Picture of Electric Blankets
• Table Product Specifications of Electric Blankets
• Figure Electric Blankets Report Years Considered
• Figure Market Research Methodology
• Figure Global Electric Blankets Consumption Growth Rate 2013-2023 (K Units)
• Figure Global Electric Blankets Value Growth Rate 2013-2023 ($ Millions)
• Table Electric Blankets Consumption CAGR by Region 2013-2023 ($ Millions) and More….

About Report Hive Research
Report Hive Research delivers strategic market research reports, statistical survey, and Industry analysis & forecast data on products & services, markets and companies. Our clientele ranges mix of global Business Leaders, Government Organizations, SME’s, Individual & Start-ups, Management Consulting Firms, and Universities etc. Our library of 600,000+ market reports covers industries like Chemical, Healthcare, IT, Telecom, Semiconductor, etc. in the USA, Europe Middle East, Africa, Asia Pacific. We help in business decision-making on aspects such as market entry strategies, market sizing, market share analysis, sales & revenue, technology trends, competitive analysis, product portfolio & application analysis etc.

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