Electric sharpeners are designed to simplify the process of sharpening knives. They are generally faster and easier to use than traditional sharpening methods, which typically require a sharpening stone and some degree of skill and experience. On the other side, an electric sharpener will give each knife the same cutting edge angle, which may not be ideal for knives with different blade thickness.
Additionally, some electric sharpeners may be more expensive than traditional sharpening methods, so it's important to weigh the cost-benefit of investing in an electric sharpener. If your household has only a couple of knives, it is irrational to purchase an electric sharpener for $100-$200. These low-end electric sharpeners will be helpful on a short run but as you keep using it, the cutting edges of the knives will wear unevenly and leave excess material at the heel of the knife.