Global Hand Dryers market accounted for $658.9 million in 2017 and is expected to reach $1995.8 million by 2026 growing at a CAGR of 13.1% during the forecast period.
Rising demand for environmental-friendly devices, growing adoption of hand dryers and technological developments are some of the factors propelling the market growth. However, high cost of installation is hindering the market growth.
Hand dryer is an electronic machine used for drying of hands mostly in public bathrooms. Use of hand dryers offers reduced drying times and operational costs. Energy capable hand dryers offer benefits such as low power consumption and faster drying time. This are equipped with quick reaction sensors, and extremely responsive motors for instant reaction, and maximum energy efficiency.
Based on Mounting Technique, the wall mounted segment will register significant growth during the forecast period. Lower space occupancy offered by these devices and rise in the adoption of wall mounted products are some of the factors fueling growth in this segment.
By Geography, Asia-Pacific holds the largest market share during the forecast period due to rising infrastructure in emerging countries, increasing alertness pertaining to profit of technically advanced devices, and growing command for smart infrastructure.
What the report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Hand Dryers Market, By Product
5.2 Hot Air Dryer
5.3 Jet Air Dryers
6 Global Hand Dryers Market, By Mounting Technique
6.2 Wall Mounted
6.3 Surface Mounted
7 Global Hand Dryers Market, By Operation Mode
7.2 Push Button Hand Dryer
7.3 Automatic Hand Dryer
8 Global Hand Dryers Market, By End User
8.2 Office Buildings
8.3 Hotels & Restaurants
8.4 Railway Stations and Airports
8.5 Shopping & Commercial Complex
8.6 Hospitals & Clinics
8.8 Other End Users
8.8.1 Education Institutes
8.8.2 Common Public Restroom
9 Global Hand Dryers Market, By Geography
9.2 North America
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.5 Other Key Strategies
11 Company Profiling
11.1 Mitsubishi Electric Corporation
11.2 Panasonic Corporation
11.4 World Dryer Corporation
11.5 Dyson Ltd.
11.6 Excel Dryer, Inc.
11.7 Palmer Fixture
11.8 Toto Ltd.
11.9 Bradley Corporation
11.10 Bobrick Washroom Equipment, Inc.
11.11 United Technologies
For more information about this report visit https://www.researchandmarkets.com/r/394g33