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Automatic Hand Dryer Market Size 2024 to 2031.

04-13-2024 03:41 PM CET | Food & Beverage

Press release from: Report Prime

Market Overview and Report Coverage

An automatic hand dryer is a device used for drying hands after washing them. It is a popular choice for public restrooms due to its convenience, hygiene, and eco-friendly nature. The automatic hand dryer market is expected to grow at a CAGR of 11.20% during the forecasted period, driven by the increasing focus on hygiene and sustainability in public spaces.
The future outlook of the automatic hand dryer market looks promising, with advancements in technology leading to more efficient and fast hand dryers. Rising concerns about environmental sustainability and the spread of infectious diseases are also expected to boost the adoption of automatic hand dryers in various settings.
Currently, the market is witnessing a steady growth trajectory, with key players in the industry constantly innovating to provide better products to consumers. The demand for touchless and automatic hand dryers is on the rise, especially in the healthcare, hospitality, and commercial sectors. Overall, the automatic hand dryer market is poised for significant growth in the coming years, driven by the increasing awareness of hygiene practices and the benefits of automatic hand dryers over traditional paper towels.

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Market Segmentation
The Automatic Hand Dryer Market Analysis by types is segmented into:
• Hot Air Dryer
• Jet Air Dryer

There are two main types of automatic hand dryers on the market: hot air dryers and jet air dryers. Hot air dryers work by blowing warm air onto the hands to evaporate the moisture, while jet air dryers use high-speed jets of air to quickly dry the hands. Both types are popular choices for commercial restrooms due to their efficiency, hygiene, and environmental benefits compared to paper towels. Customers can choose between these options based on their specific needs and preferences.

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The Automatic Hand Dryer Market Industry Research by Application is segmented into:
• Commercial Complex
• Restaurants
• Hospitals
• Hotels
• Others

The automatic hand dryer market is gaining popularity in various sectors such as commercial complexes, restaurants, hospitals, hotels, and other public spaces. These hand dryers provide a quick and hygienic solution for drying hands efficiently. In commercial complexes and restaurants, they help maintain a clean environment for customers. In hospitals, hand dryers reduce the risk of cross-contamination. Hotels use hand dryers to provide a convenient amenity for guests. Other markets also benefit from the cost-effective and eco-friendly solution that automatic hand dryers offer.

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In terms of Region, the Automatic Hand Dryer Market Players available by Region are:

North America:
• United States
• Canada

• Germany
• France
• U.K.
• Italy
• Russia

• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• Korea

What are the Emerging Trends in the Global Automatic Hand Dryer market?
Some of the emerging trends in the global automatic hand dryer market include the increasing focus on energy efficiency and sustainability, as well as the growing adoption of smart and touchless technologies in hand dryer design. Customers are also looking for quicker and more hygienic drying solutions, leading to the development of high-speed and HEPA-filtered hand dryers. Additionally, the market is seeing a rise in demand for customizable hand dryers that can be tailored to fit different aesthetic and functional requirements in various commercial and public settings. Overall, the industry is moving towards innovation and convenience in hand drying solutions.

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Major Market Players
One of the key players in the competitive automatic hand dryer market is Dyson, a British technology company known for its innovative products. The company has a strong reputation for creating high-quality hand dryers that are both efficient and hygienic. Dyson's Airblade hand dryers use a unique technology that allows them to dry hands in just 10-12 seconds, making them a popular choice for commercial and public restrooms.
Another major player in the market is Panasonic, a Japanese multinational electronics corporation. Panasonic offers a range of automatic hand dryers that are known for their durability and energy efficiency. The company's hand dryers are designed to provide quick and effective hand drying while also reducing energy consumption, making them a sustainable choice for businesses and public facilities.
In terms of market size and growth, the global automatic hand dryer market is expected to continue expanding due to increasing awareness about hygiene and the need for more sustainable solutions. The market size is projected to reach over $1 billion by 2025, with Asia-Pacific expected to be the fastest-growing region.
As for sales revenue, Dyson reported a revenue of £4.4 billion in 2020, showing strong growth in the hand dryer segment. Panasonic's revenue for the same year was approximately $71.97 billion, with a significant portion coming from its electronic appliances division, which includes hand dryers.
Overall, companies like Dyson and Panasonic are well-positioned in the competitive automatic hand dryer market, thanks to their focus on innovation, sustainability, and quality. With the growing demand for hygienic solutions in public spaces, these companies are likely to see continued growth and success in the years to come.

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