LONDON--(BUSINESS WIRE)--Technavio has been monitoring the hand dryer market and it is poised to grow by $ 137.19 mn during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bradley Corp., Dyson Ltd., Euronics Industries Pvt. Ltd., Excel Dryer Inc., JVD SAS, Mitsubishi Electric Corp., Panasonic Corp., Rexnord Corp., STIEBEL ELTRON GmbH & Co. KG, and Toto Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Innovation in product design, technology, and features has been instrumental in driving the growth of the market. However, high preference for paper towels might hamper market growth.
Hand Dryer Market 2020-2024 : Segmentation
Hand Dryer Market is segmented as below:
- Hot Air Hand Dryers
- Jet Air Hand Dryers
- North America
- South America
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Hand Dryer Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our hand dryer market report covers the following areas:
- Hand Dryer Market size
- Hand Dryer Market trends
- Hand Dryer Market industry analysis
This study identifies rising concerns over wastepaper management as one of the prime reasons driving the hand dryer market growth during the next few years.
Hand Dryer Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the hand dryer market, including some of the vendors such as Bradley Corp., Dyson Ltd., Euronics Industries Pvt. Ltd., Excel Dryer Inc., JVD SAS, Mitsubishi Electric Corp., Panasonic Corp., Rexnord Corp., STIEBEL ELTRON GmbH & Co. KG, and Toto Ltd. Backed with competitive intelligence and benchmarking, our research reports on the Hand Dryer Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Hand Dryer Market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist hand dryer market growth during the next five years
- Estimation of the hand dryer market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the hand dryer market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hand dryer market vendors
Table Of Contents :
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Hot air hand dryers - Market size and forecast 2019-2024
- Jet air hand dryers - Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Hotels and restaurants - Market size and forecast 2019-2024
- Shopping malls and complex - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End-user
Market Segmentation by Operation
- Market segments
- Comparison by operation
- Automatic hand dryers - Market size and forecast 2019-2024
- Push-button hand dryers - Market size and forecast 2019-2024
- Market opportunity by Operation
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Bradley Corp.
- Dyson Ltd.
- Euronics Industries Pvt. Ltd.
- Excel Dryer Inc.
- JVD SAS
- Mitsubishi Electric Corp.
- Panasonic Corp.
- Rexnord Corp.
- STIEBEL ELTRON GmbH & Co. KG
- Toto Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.