Hand Dryer Market Key Companies and Analysis, Top Trends by 2031

Global hand dryer market size was valued at $781.5 million in 2020, and is projected to reach $3,100.1 million by 2031, registering a CAGR of 12.9% from 2022 to 2031.

A global overview of market shares, sizes, statistics, trends, demand, income, and expansion potential for major companies, regions, and nations is provided in the Hand Dryer Market Report. This research provides an in-depth analysis of the market for the past, present, and projection period through 2031, assisting in the identification of emerging opportunities, risk factors, and growth sectors. A concise growth strategy for the market is provided in the report by highlighting recent changes, technical advances, market-affecting factors, demographics study, demand, and supply chains. Also, it provides in-depth explanations of SWOT and PESTLE analysis based on regional and industry changes. The research offers a fundamental overview of the market, complete with definitions, categorizations, and industry chain diagrams.

An electronic device known as a "hand dryer" is used in public restrooms as a more affordable hand-drying option than paper towels. By reducing the chance of cross-contamination and disease spread, it helps to maintain the highest level of cleanliness and hygiene. When buttons on hand dryers are pressed, a sensor that detects movement is triggered, allowing the motor to release heated air for drying. Several varieties, including push-button, high-speed, and automatic hand dryers, are currently offered commercially. One of the key factors fueling the growth of the hand dryer market is the extensive use of automatic hand dryers for maintaining hygiene across a variety of industrial verticals, including healthcare and hospitality.

Growing consumer demand for ecologically friendly products encourages paper and energy savings, which is expected to further support industry growth over the course of the forecast period. Over the next few years, the market is anticipated to be driven by a rise in operational costs and a growing need for practical energy technology, notably in office buildings and shopping centres. Due to continued advances in consumer living standards and growing interest in connected smart equipment, smart hand dryers are being adopted by customers all over the world.

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Global Hand Dryer Market: Segmentations

Global Hand Dryer Market: Major Players
World Dryer
Panasonic
American Dryer Inc.
SVAVO
Bradley Corp.
TASHAN JIE DA ELECTRICAL CO., LTD
JVD SAS
Excel Dryer
MoDun
Dyson Ltd.
America Standard
Mitsubishi Electric Corporation
AIKE
Palmer Fixture
Hokwang Industries Co., Ltd.
American Specialties
TOTO
Saniflow Corporation
KARAT

Global Hand Dryer Market: By Types
Manual On-Automatic Off
Fully Automatic

Global Hand Dryer Market: By Applications
Airports
Educational Institutes
Hospitals
Hotels & Restaurants
Office Buildings
Railway Stations
Shopping & Commercial Complex

Global Hand Dryer Market: Regional Analysis
The countries covered in the regional analysis of the Global Hand Dryer market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Key Coverage of the Report
1. Demand and Supply GAP Analysis
2. Estimation of the market size along with historical and forecasted trend analysis.
3. Strategic recommendations for the new entrants
4. Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
5. Market share analysis of the top industry players
6. Strategic recommendations in key business segments based on the market estimations
7. Regional prevalence of silicone structural glazing has been mapped.
8. Regional up-coming research and development outlook.
9. Regional Competitors Pricing Strategy
10. Competitive landscaping mapping the key common trends
11. Company profiling with detailed strategies, financials, and recent developments.

Research objectives:
1. To analyze the Hand Dryer with respect to individual growth trends, future prospects, and their contribution to the total market.
2. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
3. To study and analyze the global Hand Dryer market size by key regions/countries, product type and application, history.
4. To understand the structure of Hand Dryer market by identifying its various sub segments.
5. Focuses on the key global Hand Dryer players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
6. To project the size of Hand Dryer submarkets, with respect to key regions (along with their respective key countries).
7. To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
8. To strategically profile the key players and comprehensively analyze their growth strategies.

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