Global Commercial High-Speed Hand Dryer Market 2019-2024: Partnerships with Hospitality Sector & Emphasis on Infrastructure 4.0 -

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The Global Commercial High-Speed Hand Dryer Market is Expected to Grow at a CAGR of Over 7% During the Forecast Period 2018-2024

The growing demand for commercial high-speed hand dryers can be attributed to the increasing urbanization, the improvement in living standards, and the availability of innovative hand dryers, including sensor-based ones. In terms of revenue, the market is likely to witness steady growth during the forecast period. Developed markets such as Europe and North America are witnessing high replacement demand. Hence, the increase in replacement demand provides vast opportunities for vendors.

Commercial High-speed Hand Dryer Market: Segmentation

The high-speed jet dryer market is expected to grow at the fastest CAGR during the period 2018-2024. Rapid technological innovations and changing dynamics are the major factors driving the growth of the segment. As the market is open to innovation, jet air dryers have observed major technological advancements, which have increased their adoption in commercial applications. Jet air dryers offer increased product efficiency; hence Europe and North America are witnessing high adoption of these products. Although they are growing at an impressive rate, hot dryers are likely to maintain their dominance during the forecast period as they are the most cost-effective.

Hand dryers are mainly sold through dealer distribution channels and retail stores such as specialty stores, supermarkets, hypermarkets, mass-market players, electronic stores. However, online stores are increasing gradually. The growth in online sales is set to increase by over 10% YOY during the forecast period. The primary reason for this is online stores offer more options to choose from than retail stores. Some vendors offer YouTube videos (video tutorials) and help beginners to get knowledge about the application and make them aware of these products. Besides, prices offered on the internet are lower than retail stores because of the discount offered by vendors to promote their products.

The hospitality sector is one of the largest end-use application industries in the market. The rise in the hotel business and hospitality industries, and the growing trend of traveling can be attributed to the high adoption of high-speed hand dryers in the industry. The rise of commercial construction, including airport modernization, is a significant factor for market growth.

Key Vendor Analysis

The global commercial high-speed hand dryer market is currently witnessing intense competition among key players. The rapidly changing market dynamics in terms of product innovation and advancement is acting as a catalyst to intensify the competition. Consumers have a higher number of choices concerning product availability. The present scenario is driving vendors to change and redefine their unique value propositions to achieve a strong market presence.

Major players largely dominate the market. However, small vendors are offering products with generic specifications at relatively lower prices. Besides, the market showcases flexible behavior in terms of the adoption of innovative products. This creates a major challenge for low-scale players as they have limited resources to invest in research and development.

The adoption rate of innovative commercial products has increased among end-users worldwide. It is also fueled by the growing emphasis on sustainable and smart infrastructure development such as infrastructure 4.0 along with IoT. Intensifying competition among market players has led to the introduction of innovative and advanced solutions in the market.

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.1.1 Inclusions

4.1.2 Exclusions

4.2 Base Year

4.3 Scope of the study

4.4 Market Segments

4.4.1 Market Segmentation by Product Type

4.4.2 Market Segmentation by Distribution Channel Type

4.4.3 Market Segmentation by Operation Type

4.4.4 Market Segmentation by Application

4.4.5 Market Segmentation by Geography

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at a Glance

7 Introduction

7.1 Overview

7.2 Macroeconomic Factors Enabling Market Growth

7.2.1 Economic Development

7.2.2 Per Capita GDP in Developing Markets

7.2.3 Dual-income Households in Developed Markets

8 Market Dynamics

8.1 Market Growth Enablers

8.1.1 Inclination Towards Eco-friendly Technology

8.1.2 Ongoing Product Innovations

8.1.3 Increasing Adoption of Hand Dryers

8.1.4 One-time Investment

8.2 Market Growth Restraints

8.2.1 Concerns over Noise Levels

8.2.2 Rising Health Concerns

8.2.3 Frequent Launches Reducing Product Stability

8.3 Market Opportunities & Trends

8.3.1 Savings on Energy Consumption

8.3.2 Enhanced Focus on Hygiene Maintenance

8.3.3 Partnerships with Hospitality Sector

8.3.4 Emphasis on Infrastructure 4.0

9 Value Chain

9.1 Overview

9.2 Value Chain Analysis

9.2.1 Overview

9.2.2 Raw Material Suppliers

9.2.3 Manufacturers

9.2.4 Distributors/Dealers

9.2.5 Retailers

9.2.6 End-users

10 Commercial High-Speed Hand Dryer Market

10.1 Market Overview

10.1.1 Historical Data 2016-2017

10.1.2 Market Size & Forecast

10.1.3 Market by Geography - Revenue & Unit Shipments

10.2 Five Forces Analysis

11 By Product

11.1 Market Snapshot & Growth Engine

11.2 Market Overview

11.3 Hot Air Hand Dryer

11.4 Jet Air Hand Dryers

12 By Operation Type

12.1 Market Snapshot & Growth Engine

12.2 Market Overview

12.3 Hands-under Dryers

12.4 Hands-in Dryers

13 Market By Application

13.1 Market Snapshot & Growth Engine

13.2 Market Overview

13.3 Hospitality

13.4 Commercial Spaces

13.5 Healthcare

13.6 Corporate Spaces

14 By Distribution Channels

14.1 Market Overview

14.1.1 Manufacture, Production, & Distribution

14.1.2 Distribution through Retail Stores

14.1.3 Distribution through Online Websites

15 By Geography

15.1 Market Snapshot & Growth Engine

15.2 Overview

16 Europe


18 North America

19 Middle-East & Africa

20 Latin America

21 Competitive Landscape

21.1 Competition Overview

22 Key Company Profiles

22.1 Excel Dryer

22.1.1 Business Overview

22.1.2 Excel Dryer in Commercial High-speed Hand Dryer Market

22.1.3 Major Products Offerings

22.1.4 Key Strengths

22.1.5 Key Strategy

22.1.6 Key Opportunities

22.2 Mitsubishi Electric

22.3 Mediclinics S.A.

22.4 TOTO

22.5 World Dryer (Rexnord)

23 Other Prominent Vendors

23.1 AIKE

23.1.1 Business Overview

23.1.2 Key Strengths

23.2 ASI Group

23.3 Askon Hygiene Products

23.4 Bobrick

23.5 Bradley Corporation

23.6 Comac Corporation


23.8 Dyson

23.9 Electrostar

23.1 Hokwang Industries

23.11 JVD SAS

23.12 Jaguar Group

23.13 Jieda Electrical Appliances

23.14 Metlam Australia

23.15 Palmer Fixture

23.16 SPL

23.17 Stiebel Eltron

For more information about this report visit

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900