Hand Dryer Market is Expected to Rise to US$ 1,930 Million | CAGR 11.09% During Forecast Period

The hand dryer market size was valued at USD 699 million in 2017 and is expected to rise to USD 1,930 million by 2026. The market is expected to register a CAGR of 11.9% from 2018 to 2026.

Various factors propelling the demand for hand dryer include:
• Consumers are becoming more aware of the importance of energy-efficient and smart technology, which will help drive market growth in the future.

• Factors such as rising demand from developing countries and growing consumer knowledge are predicted to create many growth prospects in the upcoming years.

• The rise in requests for hand dryers from various customers like hotels, restaurants, office buildings, malls, and airports has led to an increased use of hand dryers, resulting in a positive impact on the hand dryer market growth.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/hand-dryer-market/request-for-sample

What are Hand Dryers?
Hand dryers are devices that use electricity to produce warm air for drying hands that are wet when turned on. They have a significant role in cleaning hands and sanitizing. These devices are affordable, use energy efficiently, and are eco-friendly, working to stop the transmission and growth of pathogens. Therefore, they are widely used in restaurants, offices, hotels, and malls as an alternative to paper towel dispensers. They are installed in hospitals and clinics to maintain high levels of cleanliness and hygiene and to prevent the spread of contaminant diseases.

Top Companies:
Leading companies in the global market prioritize strategic acquisitions to enhance their R&D capabilities and gain a competitive advantage, allowing them to provide users with innovative products. Some of the leading companies in the market are:
• Dyson Ltd.
• Mitsubishi Electric Corporation
• Jaquar & Company Pvt Ltd
• American Dryer Inc.
• Panasonic Corporation
• Excel Dryer Inc.
• Bradley Corporation
• Saniflow Corporation
• World Dryer Corporation
• Bobrick Washroom Equipment Inc.

The demand for advanced and energy efficient hand dryers has increased over the years owing to increasing energy concerns, and environment consciousness across the globe. The increasing awareness among consumers regarding use of energy efficient and smart technology further boosts the adoption of hand dryers. The rising awareness regarding use of eco-friendly solutions, development of smart infrastructure, and increasing adoption of energy efficient buildings are factors expected to promote the hand dryer market growth during the forecast period.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:
https://www.polarismarketresearch.com/industry-analysis/hand-dryer-market

Segmental Breakdown:
The hand dryer market is mainly segmented based on type, mode of operation, mounting technique, end user, and region. Based on type analysis, during the projection period, the jet air hand dryer segment is anticipated to lead the global market. The rise in demand for jet air hand dryers is due to their high performance, energy efficiency, and popularity in various venues like hotels, restaurants, airports, and shopping malls.

Moreover, according to the mode of operation analysis, fully automatic hand dryers held the highest share due to enhanced comfort and user experience.
• By Type
o Hot air hand dryer
o Jet air hand dryer

• By Mode of Operation
o push button hand dryer
o fully automatic hand dryer

• By Mounting Technique
o surface mounted
o wall mounted

• By End-User
o Hotels and Restaurants
o Railway stations and airports
o Hospitals
o Commercial buildings
o shopping complexes
o Others

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/hand-dryer-market/request-for-discount-pricing

Regional Landscape:
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
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