Portland, OR -- (SBWIRE) -- 02/17/2018 -- Hand Dryer Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $1,350 million by 2022. Asia-Pacific region is anticipated to exhibit robust growth owing to rapid infrastructure development and awareness about environmental benefits in the region. Food processing and service industry would continue to maintain its dominance throughout the forecast period due to need to reduce their operation expenditure.

Factors such as technological advancement, price, and energy efficiency of hand dryers have significantly impacted the market growth. Automatic hand dryers have reduced the human interaction notably with improvement in consumer experience. Moreover, the reducing product prices facilitates their adoption across new areas such as educational institutes, office buildings, retail outlets, and public restrooms among others. However, rise in health concerns due to microbial cross-contamination and associated noise pollution issues are expected to hinder the market growth during the forecast period in some extent. Nevertheless, ongoing research and development to improve quality, energy efficiency, and reduction in noise is anticipated to increase the demand for hand dryers.

Global hand dryer market is segmented based on type, mode of operation, end user, and geography. The market is segmented into two basic types - hot hand dryer and jet hand dryer. Hot hand dryers dominate in terms of volume owing to their low cost advantages. These are being increasingly installed at public restrooms, educational institutes, shopping malls, and others. However, the jet hand dryer segment would continue to maintain their leading position in terms of revenue generation with an increase in installation at commercial complexes, airports, hotels, and restaurants.

Depending on operation mode, the hand dryers are classified into push button and automatic. Fully automatic segment constitutes the highest market share owing to better convenience and consumer satisfaction. The growth of push button hand dryers would be supported by their demand from Asia-Pacific and LAMEA regions. Major end users of hand dryers include food processing and service industry, hotels, hospital and clinics, commercial complexes, and office buildings. Food processing and service industry leads the market followed by hotels in terms of market value.

Hand Dryer Market Segmentation:

By Type

-Hot hand dryer
-Jet hand dryer

By End User

-Hotel
-Hospitals and Clinics
-Food processing and service industry
-Commercial complexes
-Office buildings
-Others (Railway stations, airports, education institutes, common public restrooms)

By Mode of Operation

-Push button
-Automatic