Global Electric Hand Dryer Market Overview:
An electric hand dryer is an electric machine that makes use of a heating element and an air blower to dry the hands after hand washing. It is usually used in public toilets as a cost-effective alternative to paper towels across the globe. Hygienic hands have been heavily associated with staying healthy during the global COVID-19 pandemic and electric hand drying has been recommended by WHO as one of the most effective and safe ways to complete the handwashing process. This has led to significant growth of the global electric hand dryer market in the forecast period.
- Increasing Environmental Concerns due to the Massive Volume of Paper Towel Waste
- Growing Technological Advancements Leading to Efficient and Eco-Friendly Product Development
- Rising Awareness of the Use of Eco-Friendly Appliances and Energy Efficient Product
- High Installation Cost Associated with Electric Hand Dryer
- Economic Development & the growth of the Hospitality, Healthcare, and Education Sectors in Emerging Economies
- Noise Level of the Electric Hand Dryer is High
Some of the key players profiled in the report are American Dryer, LLC (United States), Bradley Corporation (United States), Dyson Ltd (United Kingdom), Electrostar GmbH (Germany), Excel Dryer Inc.(United States), JVD SAS (France), Mitsubishi Electric Corporation (Japan), Panasonic (Japan), TOTO Ltd.(Japan), World Dryer Corporation (United States) and DAN DRYER (Denmark). Additionally, following companies can also be profiled that are part of our coverage like Taishan Jieda Electrical Appliance Industry Company Ltd (China), Bobrick (United States), Palmer Fixture (United States), Euronics Industries Pvt Ltd (India), FuZhou Zilong Induction Equipment Co., Ltd (China) and Novatech (India). Analyst at AMA Research see European and Asian Manufacturers to retain maximum share of Global Electric Hand Dryer market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Electric Hand Dryer market. Considering Market by Operation, the sub-segment i.e. Automatic hand dryers will boost the Electric Hand Dryer market.
Latest Market Insights:
Recently, Rexnord Corporation has announced that it has acquired World Dryer Corporation. World Dryer is a leading global manufacturer of commercial electric hand dryers with the largest worldwide installed product base.
On 18th November 2019, Dyson has launched the Dyson Airblade 9kJ hand dryer, a fast energy efficient HEPA-filtered hand dryer. Dyson Airblade 9kJ hand dryer enables people to dry their hands quickly and hygienically while using low energy and offering an alternative to single-use paper towels.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Electric Hand Dryer market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Electric Hand Dryer market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Electric Hand Dryer Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.