Global Electric Hand Dryers Market 2024-2028
The electric hand dryers market is forecasted to grow by USD 206.01 mn during 2023-2028, accelerating at a CAGR of 5.94% during the forecast period. The report on the electric hand dryers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing concerns over wastepaper management, increasing prevalence of infectious diseases, and rising demand for electric hand dryers from developing countries.
Technavio's electric hand dryers market is segmented as below:
By Type
- Automatic hand dryers
- Push-button hand dryers
By End-user
- Hotels and restaurants
- Shopping malls and complex
- Hospitals and others
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the emergence of smart electric hand dryers as one of the prime reasons driving the electric hand dryers market growth during the next few years. Also, growing adoption of touchless and sensor-activated hand dryers and integration of high efficiency particulate air (HEPA) filters and antimicrobial coatings in electric hand dryers will lead to sizable demand in the market.
The report on the electric hand dryers market covers the following areas:
- Electric hand dryers market sizing
- Electric hand dryers market forecast
- Electric hand dryers market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric hand dryers market vendors that include American Specialties Inc., Bobrick Washroom Equipment Inc., Dudley Industries, Dyson Group Co., Electrostar GmbH, Excel Dryer Inc., Jaquar India, JVD SAS, Kohler Co., Mitsubishi Electric Corp., Palmer Fixture, Panasonic Holdings Corp., Saniflow SA, SPL Ltd., TaiShan Jie Da Electrical Co. LTD., Toto Ltd., Watts Water Technologies Inc., Zhejiang AIKE Appliances Co. Ltd., Zurn Elkay Water Solutions Corp., and Euronics Industries Pvt. Ltd.. Also, the electric hand dryers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.