Global Hand Dryers Market Size is estimated to expand rapidly in coming years, at a CAGR of 10.7 % from 2018 to 2025. In 2017, the global market valuation was USD o.6 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The major development of hand dryers is ascribed to their growing acceptance in several end-use sectors including airports, hotels and restaurants, hospitals, offices, and shopping malls. The environmental and financial advantages provided by hand dryers are also anticipated to boost the acceptance of the item. Increasing interest in environmentally sustainable appliances promotes paper and energy savings, which is further expected to boost sector development over the forecast period. Moreover, increasing use of hand dryers in offices, as well as shopping malls, are expected to dominate the global market growth. Regionally, Europe is anticipated to be the highest growing region in the global market of hand dryers.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global hand dryers market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global hand dryers market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Operation Type Insights: On the basis of operation, global hand dryers market has been segmented into manual on-automatic off, fully automatic. Among which fully automatic segment has accounted for the largest share in the global market of hand dryers. Due to its highest implementation across business places, such as shopping malls, offices, hospitals, and hotels and restaurants, the segment is anticipated to persist its supremacy over the projected era.

By Mounting Technique Insights: On the basis of mounting technique, global hand dryers market has been segmented into surface mounted, wall-mounted. Among which demand of the wall-mounted hand dryer segment is expected to be the highest growing segment in terms of revenue. Concerns about room occupancy have considerably influenced the implementation of hand dryers, especially for high-traffic packed toilet facilities.

By End-User Insights: On the basis of end-user, global hand dryers market has been segmented into airports, hotel & restaurants, hospitals, offices, shopping malls, and others. Hotel and restaurant segment accounted for the highest share in the global market of hand dryers. This can be ascribed to the fast development of the hospitality industry due to the increasing establishment of restaurants, pubs, and hotels, as well as expanding tourism operations globally. The consumption for hand dryers in shopping centers is projected to grow at a stable CAGR over the next forecast period owing to an increased focus on lowering operating costs by shopping mall owners along through the use of environmentally-friendly appliances.

Regional Analysis

The hand dryers market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; the Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Europe is expected to be a key regional market as environmental, price-effective and trouble-free devices are increasingly being adopted. The major growth in the region is attributed due to the increasing adoption of hand dryers in shopping malls, hospitals, and organizations.

Asia Pacific region is expected to witness high growth in the market in the forecast period. Infrastructure advancement can give additional growth possibilities mainly in emerging economies, including Japan, India, and China. Another element benefiting to growing product acceptance is the increase in the number of restaurants, hotels and fast-food chains widely. The upward propensity of intelligent infrastructure is also probable to give market growth routes. Moreover, rising demand for smart infrastructure is expected to add up into market growth of hand dryers in the Asia Pacific region. North America is expected to witness high growth in the upcoming time span. Demand in North America is likely to experience strong development due to evolving technology in nations, including Canada, the U.S., and Mexico, combined with increasing awareness of the advantages of technically sophisticated machines.

Global Hand Dryers Market Size, Share Analysis by Region 2017

Global Hand Dryers Market Study Objective

1. To forecast the market size of hand dryers market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of hand dryers market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate on significant factors that will have a major impact on the growth of the hand dryers market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of hand dryers market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the hand dryers market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

American Dryer LLC., Dyson Technology India Pvt Ltd, Electrostar, Euronics Industries Pvt Ltd, Jaguar Group Sdn. Bhd., Excel Dryer, Panasonic Corporation, Mitsubishi Electric Corporation, SPL NZ, Bobrick Washroom Equipment Inc., Saniflow Hand Dryer Corporation, Taishan Jieda Electrical Co. Ltd., and World Dryer Corporation are some of the key players in the market of hand dryers.

Global Hand Dryers Market Study Report Offer You!

The global hand dryers market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.