City of Industry, CA -- (SBWIRE) -- 07/27/2018 -- This report studies the Hand Dryer Market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Moreover, they are more cost-effective in comparison with paper towels, with several hotels replacing paper towels with hand dryers, not only to reduce their operational costs but also to add sophistication. Moreover, the growth of the tourism industry has led to an increase in the number of hotels globally, which has also triggered the demand for hand dryers.

The escalating demands for eco-friendly devices which facilitate power and paper saving is also expected to favor the industry growth significantly over the forecast period. The rising demand for energy efficient technology, paired with the mounting need to lower the operational expenditure, particularly in office buildings as well as shopping & commercial complexes, is expected to drive the industry growth over next eight years.

The infrastructure development, primarily in the emerging economies including India, Brazil, and China, may offer additional growth opportunities. The surge in the number of hotels, restaurants, and fast food chains worldwide is another factor contributing to the increasing product adoption. The upward trend of smart infrastructure is also expected to offer avenues for the market development.

EMEA will be the major revenue contributor to the hand dryer market throughout the forecast period. Factors such as the growing demand from large hotels and restaurants in Europe and the rise in the number of hotel projects in the pipeline, will propel the need for hand dryers in this region.

The global Hand Dryer market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Hand Dryer in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

American Dryer

Dyson

Excel Dryer

Mitsubishi Electric

World Dryer

Askon Engineers

Bradley

HOKWANG INDUSTRIES

By the product type, the market is primarily split into

Hot Air Hand Dryers

Jet Air Hand Dryers

By the end users/application, this report covers the following segments

Airports

Educational Institutes

Hospitals

Hotels & Restaurants

Office Buildings

Railway Stations

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In this study, the years considered to estimate the market size of Hand Dryer are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

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