Press release
Hand Dryer Market is expected to grow at a CAGR of 12.10 % from 2021 to 2030
The Global Hand Dryer Market was valued at USD 938.9 million in 2020 and is projected to reach USD 1878.7 million by 2030. It is expected to grow at a CAGR of 12.10 % from 2021 to 2030. Growing demand for environmental-friendly devices coupled with the need to lower operational spending, particularly in shopping malls as well as office structures are driving the growth of the hand dryers market during the forecast period. Moreover, the ongoing improvements in the hospitality industry, an upward inclination of smart infrastructure, and growing adoption of automatic hand dryers owing to the touchless feature and higher efficiency are expected to provide ample opportunities to the hand dryer market players in the future.The global hand dryers market research reports offer a thorough research study from the forecast period from 2020 to 2030. The market research report offers the current and future understanding of the global hand dryers market.
The global hand dryers market provides an in-depth analysis of segments and sub-segments, region, and country analysis of the overall growth prospects in the market. The report offers a complete overview of the industry, including both qualitative and quantitative information. It also offers market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The report covers a complete analysis, including market trends, market size, market share, market growth estimates.
Global Hand Dryers Market Segmentation
Global Hand Dryers Market – by Type
• Jet Air Hand Dryers
• Hot Air Hand Dryers
Global Hand Dryers Market – by Mode of Operation
• Push Button Hand Dryer
• Automatic Hand Dryer
Global Hand Dryers Market – by Mounting Technique
• Surface Mounted
• Wall Mounted
Global Hand Dryers Market – by End-user
• Hospitals
• Railway Stations & Airports
• Office Buildings
• Hotels & Restaurants
• Shopping Complexes
• Others
Global Hand Dryers Market – by Geography
• North America (US, Canada, Mexico)
• Europe (Germany, France, Italy, UK, Russia, Spain, Netherlands, Rest of Europe)
• Asia-Pacific (China, India, South Korea, Japan, Australia, Singapore, Rest of APAC)
• LAMEA (Latin America, Middle East, Africa)
North America region is known as the global economic powerhouse. The North America is showing lucrative opportunities for the hand dryers market due to the rising demand for smart infrastructure along with the growing adoption of ecological, cost-effective, and hassle-free devices. Over the last few years, Europe and Asia-Pacific region is showing prominent growth for the market due to the high adoption of advanced technology, growing awareness pertaining to the benefits of technically advanced devices, and emerging infrastructure in several countries across the region. Several countries across the LAMEA region are likely to offer new opportunities for the market.
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Key Players
1. American Specialties, Inc. (ASI)
2. Bobrick Washroom Equipment, Inc.
3. Bradley Corporation
4. Dyson Limited
5. ELECTROSTAR GmbH (starmix)
6. Euronics Industries Pvt. Ltd.
7. Excel Dryer Inc.
8. Hokwang Industries Co., Ltd.
9. Mitsubishi Electric Corporation
10. Panasonic Corporation
11. Saniflow Hand Dryer Corporation
12. SPL NZ
13. Taishan Jieda Electrical Co. Ltd.
14. Toto Ltd.
15. World Dryer Corporation
The global hand dryers market research report offers a brand recall study that aims to recall a brand (unaided/aided) based on several circumstances. This strategy will help the company to make people more aware of the brand mainly by targeting a relevant, high-quality audience.
The market research report precisely defines global hand dryers market share, company profiles, geographical viewpoint, key developments, strategic analysis, investment pocket analysis, perceptual mapping, ecosystem/value chain analysis, improvement Venn diagram, PEST analysis, Porter’s five force analysis, NOISE analysis, SWOT analysis, new market entry, and several other factors with respect to the market to understand the market situation better.
Our sample report comprises a complete introduction and understanding of the market research report, list of tables, graphs, and figures, competitive landscape, market segmentation, key insights, future development based on research methodology.
WHAT’S IN THE REPORT?
Market Dynamics
Competitive Analysis
Market Future Trends and Market Viewpoint
Market Share and Analysis
Key Insights
Opportunities
Brand Recall/Brand Awareness
Study Objective:
Our study examines and forecasts the market size of the global hand dryers market
To understand the key insights on the global hand dryers market
To pinpoint drivers, restraints, opportunities, and challenges for the global hand dryers market
To examine key strategy and developments such as mergers & acquisitions, agreements, collaborations, and partnerships, etc., in the global hand dryers market
To recognize and analyze the profile of key players working in the global hand dryers market
Global hand dryers market report helps in making informed business decisions by having a thorough analysis of the market and by making in-depth analysis of market segments
Explore Detail: https://www.yvintelligence.com/report/read/hand-dryers-market.html
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Emily John
info@yvintelligence.com, +91-9458149365, +91-7666443274
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About YV Intelligence:
YV Intelligence is the top market research and business strategy consulting firm. We work across multiple domains, including automotive, manufacturing and construction, chemicals, technology, media, and telecommunication, electronics, and semiconductor, energy and power, pharmaceuticals, among others. We have a team of market researcher experts, business analysts, and business consultants who worked for Fortune 1000 companies in the past years. We have a strong focus on time-bound strategic roadmaps for our clients across the globe. We provide actionable and accurate insights based on the client's requirements.
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