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Hand Dryers Market Size 2019– 2026 by Emerging Industry Reviews - Mitsubishi Electric Corporation, Panasonic Corporation, Siemens, World Dryer Corporation, Dyson, Excel Dryer, Palmer Fixture

06-17-2019 05:03 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Prognosis

Global Hand Dryers Market is accounted for $658.9 million in 2017 and is expected to reach $1995.8 million by 2026 growing at a CAGR of 13.1% during the forecast period. Rising demand for environmental-friendly devices, growing adoption of hand dryers and technological developments are some of the factors propelling the market growth. However, high cost of installation is hindering the market growth.

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Hand dryer is an electronic machine used for drying of hands mostly in public bathrooms. Use of hand dryers offer reduced drying times, and operational costs. Energy capable hand dryers offer benefits such as low power consumption, and faster drying time. This are equipped with quick reaction sensors, and extremely responsive motors for instant reaction, and maximum energy efficiency.

Based on Mounting Technique, wall mounted segment has a significant growth during the forecast period due to fewer space occupancy offered by these devices and rise in adoption of wall mounted products are some of the factors fueling the market growth.

Some of the key players profiled in the Hand Dryers Market include Mitsubishi Electric Corporation, Panasonic Corporation, Siemens, World Dryer Corporation, Dyson Ltd., Excel Dryer, Inc., Palmer Fixture, Toto Ltd., Bradley Corporation, Bobrick Washroom Equipment, Inc. and United Technologies.

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Market Segments:
By geography, Asia Pacific holds the largest market share during the forecast period due to rising infrastructure in emerging countries, increasing alertness pertaining to profit of technically advanced devices and growing command for smart infrastructure are some of the factors driving the market growth in this region.
Products Covered:
• Hot Air Dryer
• Jet Air Dryers

Mounting Techniques Covered:
• Wall Mounted
• Surface Mounted

Operation Modes Covered:
• Push Button Hand Dryer
• Automatic Hand Dryer

End Users Covered:
• Office Buildings
• Hotels & Restaurants
• Railway Stations and Airports
• Shopping & Commercial Complex
• Hospitals & Clinics
• Multiplexes
• Other End Users

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India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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