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Hand Dryer Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence
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The hand dryer market is influenced by trends in facility management, hygiene standards, and environmental regulations. Businesses and organizations across various sectors invest in hand dryers to provide a convenient and hygienic solution for hand drying, reducing the reliance on disposable paper products.
Key Players
Some of the major Hand Dryer Market players holding high market shares include Dyson Ltd., Mitsubishi Electric Corporation, Jaquar & Company Pvt Ltd, American Dryer Inc., Panasonic Corporation and Excel Dryer Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Saniflow Corporation, World Dryer Corporation and Bobrick Washroom Equipment Inc.
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Segmental Analysis
Based on Type, the Hand Dryer Market is segmented into Automatic and Manual. Automatic Hand Driers are mostly used. Automatic Hand Driers are installed in the washrooms. Due to the concern about washroom hygiene, automatic hand driers are widely getting installed in offices, airports, metros, railway stations etc.
Based on End Use, the Hand Dryer Market is segmented into Hotels, Food Processing, Office Building, and Health Care. Hotels have the highest market share. This is because of the rapid growth of the Hospitality sector. Several hotels and restaurants are getting built in different places. Thus, the demand for Hand Driers is also increasing.
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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