Press release
Hand Dryer Market Regional Outlook, Future Plans and Forecast to 2029
Hand Dryer Market size was valued at USD 970.5 Bn in 2022 and is expected to reach USD 1891.3 Bn by 2029 at a CAGR of 10 percent.Hand Dryer Market Report Scope and Research Methodology
The report provides an in-depth analysis of the strategies of the leading players in the Hand Dryer Market industry, as well as a thorough analysis of the various market segments and geographies. SWOT analysis was employed to provide the strengths and weaknesses of the Hand Dryer Market's key players. The research was conducted by dividing the market into three main segments: By type, by end-user, and by operation which was further divided into various sub-segments. A detailed analysis of Hand Dryer Market dynamics including drivers, restraints, opportunities, and challenges is provided region-wise and segment-wise.
The data collected by using primary and secondary research and analyzed by MMR analysts on the Hand Dryer Market was combined for accurate inferences. To collect information for the Hand Dryer Market report on important factors such as market trends, market size, growth trends, competitive landscape, outlook, etc., primary interviews were conducted while the secondary information was collected from sources such as paid databases, free databases, annual or financial reports, government documents, company websites, and industry white papers. The bottom-up approach was used to estimate the global and regional Hand Dryer Market size.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-hand-dryer-market/33238/
What are Hand Dryer Market Dynamics?
The market is driven by factors such as increasing awareness of hygiene and sustainability, growing demand for touchless hand dryers, and adoption of hand dryers in commercial establishments. The trends that are expected to shape the future of the Hand Dryer Market are the adoption of smart hand dryers, the growing demand for high-speed hand dryers, and the adoption of hand dryers is growing rapidly in emerging markets. The global hand dryers market is dominated by a few large players, such as Dyson, Excel Dryer, Mitsubishi Electric, and World Dryer. There are a few challenges that the hand dryers market faces such as high upfront investment cost, lack of awareness of the benefits of hand dryers, and noise pollution from hand dryers despite these challenges hand dryers market is expected to continue to grow in coming years.
Hand Dryer Market Segmentation?
By Type
• Hot hand dryer
• Jet hand dryer
By End User
• Hotel
• Hospitals and Clinics
• Food processing and service industry
• Commercial complexes
• Office buildings
• Others
By operation
• Push button
• Automatic
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Who are Hand Dryer Market Key Players?
1. American Dryer, LLC.
2. Aqualoo- West Coast Commercial Industries (WCCI) Pty Ltd.
3. Bobrick Washroom Equipment, Inc.
4. Bradley Corporation
5. Dyson Technology India Pvt Ltd.
6. Electrostar GmbH
7. Excel Dryer, Inc.
8. Jaguar Group Sdn. Bhd
9. Mitsubishi Electric Corporation
10. Panasonic Corporation
11. Saniflow Corporation
12. SPL NZ
13. Taishan Jie Da Electrical Co., Ltd.
14. Toto Ltd.
15. World Dryer
16. Palmer Fixture
17. Bio JetDrier
18. Hokwang Industies
19. JVD SAS
20. Euronics Industries Pvt Ltd
21. United Technologies Corporation
Table of content for the Hand Dryer Market includes:
Part 01: Executive Summary
Part 02: Scope of the Hand Dryer Market Report
Part 03: Global Hand Dryer Market Landscape
Part 04: Global Hand Dryer Market Sizing
Part 05: Global Hand Dryer Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Insights:
The Asia Pacific is the largest market, in terms of value and volume during the forecast period. China is a prominent market for hand dryers, followed by Japan and India. The growth of the hand dryers market in Asia Pacific is attributed to the rapid economic growth and urbanization in the region, as well as the increasing demand for hygiene and sustainability and growing awareness of the benefits of hand dryers in the region.
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