Press release
Commercial Dryers Market: New Study Offers Insights for 2017 - 2025
Commercial dryers are designed to remove the water content from the fabric on the expense of energy utilization. Commercial dryers work on basic scientific principle of centrifugal force. In the past years, commercial dryers market was mainly concentrated in European countries. With the growing utility of commercial dryers in the places such as hotels, motels, public institution, hospitals and schools, the market expanded in a significant manner and expected to grow in the coming period.
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Encouraging growth in the travel & hospitality industry is expected to trigger the commercial dryers market. Continued growth will likely to be sustained by the population expansion across the globe. Subsequently, propels the demand growth for the utilization of commercial dryers in the urban localities. Additionally, commercial dryers are sold on the basis of the specification by drum volume and dryer weight capacity. In the U.S., large capacity tumble commercial dryers are mainly gas fired.
With the growing awareness about the energy conservation, the manufacturers are under immense pressure to reduce the environmental impacts. Commercial dryers have to deal with a lot of fabrics in a wide range of varieties. Hence, the energy utilization by commercial dryers is much higher than residential dryers.
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Global Commercial Dryers Market: Market Dynamics
Commercial dryers market is foreseen to witness substantial growth rate in the foreseeable future. The booming travel market will likely to reinforce additional demands on hospitality services and consequently, large-scale demand for laundry. The rise of laundry startups is likely to boost the demands for commercial dryers. The global commercial dryers market is set to post moderate growth in the coming years mainly driven by increasing demand for hospitality services, consumer laundry services and the advent of online on-demand laundry services. The positive outlook for travel and tourism coupled with an upsurge in outbound travel growth is anticipated to fuel the commercial dryers market.
Some countries lack the basic infrastructure required for the installations of commercial dryers. There are enormous opportunities for the need of developing infrastructure in order to deploy commercial dryers. Small dry-cleaning units are in operation that hampers the growth of central laundry services. Consequently, decelerate the global commercial dryers market. Presence of unorganized sector and conventional washers in the countries such as India hampers the demand growth of commercial dryers market.
Manufacturers are striving to develop energy efficient commercial dryers in order to comply environmental friendly concerns. Commercial dryers market is rapidly moving towards sophisticated and environment-friendly technologies. In the forthcoming years, increased use of wireless connectivity and IOT is likely to be incorporated in the commercial dryers.
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Global Commercial Dryers Market: Key Participants
Example of some of the market participants in the global commercial dryers market discerned across the value chain include
Alliance Laundry Systems LLC
Whirlpool Corporation
American Dryer Corporation (acquired by Whirlpool Corporation)
AB Electrolux
General Electric Company
Fagor Industrial
LG Electronics
Dexter Apache Holdings, Inc., (Dexter Laundry)
Continental Girbau Inc.
Jinan Oasis Dry Cleaning And Laundry Equipment Co., Ltd
Miele & Cie. KG
Ramsons India
IFB Industries Ltd
Tosei Corporation
Aqualogic
Stefab India Limited
A. Braun, Inc.
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