Business Industry

Global Automatic Hand Dryer market is projected to reach 1230 Million US$ by 2025

Los Angeles, United States, September 14, 2018/QY Research, Inc.

 

This study focuses on the production side and consumption side of Automatic Hand Dryer, presents the global Automatic Hand Dryer market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.In terms of production side, this report researches the Automatic Hand Dryer capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Automatic Hand Dryer by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Automatic hand dryers are electric machines found in public bathrooms. They may either operate with the push of a button or automatically using a sensor. Hand washing is an important part of hygiene, and so an effective method of drying the hands is necessary.

The high growth rate due to the adoption in various end-use industries including hotels and restaurants, office buildings, educational institutes, shopping & commercial complex and multiplexes, railway station, and airports. The ecological and economic benefits offered by hand dryers are also anticipated to fuel the product adoption.

On the basis of product type, automatic hand dryers are categorized into hot hand dryer and jet hand dryer. Jet hand dryers accounted for 49.32% revenue share in 2017 and are estimated to grow at a CAGR of more than 16.5% over the forecast period. This can be primarily attributed to the increasing installation at airports, hotels and restaurants, office buildings, and shopping complexes. The high cost associated with jet air as compared to hot air variants may hinder the product demand in the near future.

The hotel and restaurant end-use segment accounted for more than 60% of the overall market share in 2017, which is estimated to increase over the forecast period. This can be attributed to the rapid growth in the hospitality industry on account of surge in the number of restaurants, pubs, and hotels paired with the increasing tourism activities worldwide.

The European hand dryers market is anticipated to be a major regional segment owing to the growing adoption of eco-friendly, hassle-free, and cost effective devices. This region accounted for over 34.6% of the overall revenue share in 2017 and is estimated to grow at a CAGR of more than 13.6% over the forecast period. The demand in Asia-Pacific is estimated to show robust growth on account of the developing infrastructure in countries including China, India, and Thailand coupled with the increasing awareness of the benefits of using technologically advanced devices. This region accounted for over 29% of the overall revenue share and is estimated to grow at a CAGR of more than 17% over the forecast period.

The Automatic Hand Dryer market was valued at 400 Million US$ in 2017 and is projected to reach 1230 Million US$ by 2025, at a CAGR of 15.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Automatic Hand Dryer.

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This report includes the following manufacturers; we can also add the other companies as you want.

Panasonic

Dyson

Siemens

Toto

AIKE

Excel Dryer

Jaquar Group

World Dryer

American Dryer

DIHOUR

Mitsubishi Electric

Saniflow Hand Dryer

Bobrick

SPL

JVD

Market Segment by Product Type

Hot Air Dryer

Jet Air Dryer

Market Segment by Application

Commercial Complex

Restaurants

Hospitals

Hotels

Others

Key Regions split in this report:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Malaysia

Philippines

Thailand

Vietnam

Europe

Germany

France

UK

Italy

Russia

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

 

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