The global electric hand dryers market is growing at a considerable rate, primarily because of the increased demand for eco-friendly appliances and the long-term cost-effectiveness that these appliances offer. With the increased awareness of the benefits of maintaining washroom hygiene, the market at present is growing at a relatively fast rate. Several research institutions and market vendors across the globe have started increasing their investments in this field. Even though developing these products require high initial investments, these are ultimately beneficial for end-users in terms of convenience.
Analysts forecast the global electric hand dryers market to grow at a CAGR of 12.87% during the period 2018-2022.
hough electric hand dryers cost more than paper towel dispensers, they reduce the long-term costs by eliminating the expenses for paper towels, disposal, and waste maintenance. The automatic hand dryers use heated air, which makes them environment-friendly and are energy-efficient since they shut off when not in use. This will further reduce operational costs, in turn, driving market growth. Furthermore, the increasing focus of various end-users towards the adoption of hands-free soap dispensers, faucets, and even toilet paper dispensers to improve sanitation will also aid in the growth the electric hand dryers market.
Characterized by the presence of well-established vendors and other players in various geographical regions across the globe, the market appears to be fragmented and is highly competitive. To meet the constantly changing demands of the customers, major electric hand dryer manufacturers in the market are increasingly focusing on introducing innovative products. With the introduction of several products, the market’s competitive environment will further intensify during the predicted period. To sustain competition and increase their customer base in the commercial hand dryer market, vendors have the need to differentiate their product and service offerings through clear and unique value propositions.
The global Electric Hand Dryers market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Electric Hand Dryers volume and value at global level, regional level and company level. From a global perspective, this report represents overall Electric Hand Dryers market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Electric Hand Dryers in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Electric Hand Dryers manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
American Dryer
Dyson
Excel Dryer
Mitsubishi Electric
World Dryer
...
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Automatic hand dryers
Push-button hand dryers
Segment by Application
Hotels and restaurants
Shopping malls and complex
Summary:
Get latest Market Research Reports on Electric Hand Dryers. Industry analysis & Market Report on Electric Hand Dryers is a syndicated market report, published as Global Electric Hand Dryers Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Electric Hand Dryers market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.