Automatic Hand Dryer Market Business Growth Statistics and Key Players Insights: Panasonic, Dyson, Siemens, Toto, AIKE, Excel Dryer

The global Automatic Hand Dryer market is valued at 400 million US$ in 2017 and will reach 1230 million US$ by the end of 2025, growing at a CAGR of 15.1% during 2018-2025.

Automatic hand dryers are electric machines found in public bathrooms. They may either operate with the push of a button or automatically using a sensor. Hand washing is an important part of hygiene, and so an effective method of drying the hands is necessary.
The high growth rate due to the adoption in various end-use industries including hotels and restaurants, office buildings, educational institutes, shopping & commercial complex and multiplexes, railway station, and airports. The ecological and economic benefits offered by hand dryers are also anticipated to fuel the product adoption.

This report provides in depth study of “Automatic Hand Dryer market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Automatic Hand Dryer Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

The major manufacturers covered in this report
• Panasonic
• Dyson
• Siemens
• Toto
• AIKE
• Excel Dryer
• Jaquar Group
• World Dryer
• American Dryer
• DIHOUR
• Mitsubishi Electric
• Saniflow Hand Dryer
• Bobrick
• SPL
• JVD

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On the basis of product, primarily split into

• Hot Air Dryer

• Jet Air Dryer

By Application, the market can be split into

• Commercial Complex

• Restaurants

• Hospitals

• Hotels

• Others

On the basis of product type, automatic hand dryers are categorized into hot hand dryer and jet hand dryer. Jet hand dryers accounted for 49.32% revenue share in 2017 and are estimated to grow at a CAGR of more than 16.5% over the forecast period. This can be primarily attributed to the increasing installation at airports, hotels and restaurants, office buildings, and shopping complexes. The high cost associated with jet air as compared to hot air variants may hinder the product demand in the near future.

The hotel and restaurant end-use segment accounted for more than 60% of the overall market share in 2017, which is estimated to increase over the forecast period. This can be attributed to the rapid growth in the hospitality industry on account of surge in the number of restaurants, pubs, and hotels paired with the increasing tourism activities worldwide.

The European hand dryers market is anticipated to be a major regional segment owing to the growing adoption of eco-friendly, hassle-free, and cost effective devices. This region accounted for over 34.6% of the overall revenue share in 2017 and is estimated to grow at a CAGR of more than 13.6% over the forecast period. The demand in Asia-Pacific is estimated to show robust growth on account of the developing infrastructure in countries including China, India, and Thailand coupled with the increasing awareness of the benefits of using technologically advanced devices. This region accounted for over 29% of the overall revenue share and is estimated to grow at a CAGR of more than 17% over the forecast period.

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The study objectives of this report are:

To analyze and study the global Automatic Hand Dryer capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);

Focuses on the key Automatic Hand Dryer manufacturers, to study the capacity, production, value, market share and development plans in future.

Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.

To define, describe and forecast the market by type, application and region.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends and factors driving or inhibiting the market growth.

To analyze the opportunities in the market for stakeholders by identifying the high growth segments.

To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Report Includes:-
The report cloaks the market analysis and projection of “Automatic Hand Dryer Market” on a regional as well as global level. The report constitutes qualitative and quantitative valuation by industry analysts, first-hand data, assistance from industry experts along with their most recent verbatim and each industry manufacturers via the market value chain.

The research experts have additionally assessed the in general sales and revenue generation of this particular market. In addition, this report also delivers widespread analysis of root market trends, several governing elements and macro-economic indicators, coupled with market improvements as per every segment.

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