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Electric Hand Dryers - Global Market Trajectory & Analytics

  • ID: 5028118
  • Report
  • January 2021
  • Region: Global
  • 420 Pages
  • Global Industry Analysts, Inc
Global Electric Hand Dryers Market to Reach US$ 845.5 Million by the Year 2027

Amid the COVID-19 crisis, the global market for Electric Hand Dryers estimated at US$ 530.2 Million in the year 2020, is projected to reach a revised size of US$ 845.5 Million by 2027, growing at a CAGR of 6.9% over the period 2020-2027.Automatic, one of the segments analyzed in the report, is projected to grow at a 7.8% CAGR to reach US$ 683.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Push Button segment is readjusted to a revised 3.6% CAGR for the next 7-year period. This segment currently accounts for a 24% share of the global Electric Hand Dryers market.





The U.S. Accounts for Over 30.2% of Global Market Size in 2020, While China is Forecast to Grow at a 8.3% CAGR for the Period of 2020-2027

The Electric Hand Dryers market in the U.S. is estimated at US$ 160.1 Million in the year 2020. The country currently accounts for a 30.2% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$ 94.6 Million in the year 2027 trailing a CAGR of 8.3% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 6.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR while Rest of European market (as defined in the study) will reach US$ 94.6 Million by the year 2027.The publisher brings years of research experience to this 7th edition of the report. The 373-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Select Competitors (Total 93 Featured):

  • American Dryer, LLC
  • Bobrick Washroom Equipment, Inc
  • Dyson Technology India Pvt Ltd
  • ELECTROSTAR GmbH
  • Euronics Industries Pvt Ltd
  • Excel Dryer
  • Jaquar Group
  • Mitsubishi Electric Corporation
  • Panasonic Corporation
  • Saniflow Hand Dryer Corporation
  • SPL Limited
  • Taishan Jieda Electrical Co. Ltd
  • World Dryer Corporation
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Frequently Asked Questions about the Global Market for Electric Hand Dryers

What is the estimated value of the Global Market for Electric Hand Dryers?

The Global Market for Electric Hand Dryers was estimated to be valued at $530.2 Million in 2020.

What is the growth rate of the Global Market for Electric Hand Dryers?

The growth rate of the Global Market for Electric Hand Dryers is 6.9%, with an estimated value of $845.5 Million by 2027.

What is the forecasted size of the Global Market for Electric Hand Dryers?

The Global Market for Electric Hand Dryers is estimated to be worth $845.5 Million by 2027.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Impact of Covid-19 and a Looming Global Recession
  • Growing Importance of Hand Hygiene and Low FootFalls in Public Places Have a Mixed Impact on Electric Hand Dryers
  • EXHIBIT 1: Daily change in footfall in UK Retail Locations: 15 March - 15June 2020
  • Electric Hand Dryers: An Introduction
  • Breaking the Myths About Hand Dryers
  • Paper VS Hand Dryers
  • Outlook
  • Key Growth Drivers
  • Issues and Challenges
  • Regional Outlook
  • Competition
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Accelerated Technological Progress Yields High-Performance Hand Dryers
  • Speed Remains the Top Priority in Hand Dryers
  • Quiet Hand Dryers: Delivering Stylish & Noise-Free Hand Drying Experience
  • Hand Dryer Technological Innovations Focus on Improving Antibacterial Properties
  • Low Waste Make Hand Dryers Eco Friendly Alternative to Paper Towels
  • Economic Benefits of Hand Dryers Hold a Competitive Edge Over Paper Towels
  • EXHIBIT 2: Annual Running Costs of Hand Drying Solutions: Paper Towels Vs Warm Air Dryers Vs Jet Air Speed Dryers
  • Energy Efficiency Gains Focus
  • Consistent Increase in Risks and Threats from Hand Hygiene Related Diseases and Infections Drive Healthy Market Growth
  • EXHIBIT 3: Global Number of Deaths Caused Due to Communicable Diseases (In 000s)
  • Rising Incidence of Hospital Acquired Infections Propel Demand
  • Airports Modernizations to Lend Growth
  • COVID-19 Pandemic and the Impact on Aviation Sector Hits Sales
  • EXHIBIT 4: Global Airlines Performance by Region: 2020 Vs 2019
  • EXHIBIT 5: Expected Revenue Losses in Global Aviation (In US$ Billion) for April, July & December 2020
  • Online Sales Pick Up
  • Hospitality Industry: An important End-Use Market for Hand Dryers
  • Global Hospitality Industry Feels Heat from COVID-19 Pandemic
  • EXHIBIT 6: Impact of Covid-19 on Hotel Occupancy Rates in Select Countries: March 2020
  • EXHIBIT 7: Average YoY % Change in Revenues Per Available Room (RevPar) in Europe: March 2020 - May 2020

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • GEOGRAPHIC MARKET ANALYSIS
  • UNITED STATES
  • Market Overview
  • Market Analytics
  • CANADA
  • JAPAN
  • CHINA
  • Market Overview
  • Market Analytics
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 150
Note: Product cover images may vary from those shown