16 July 2019
Visiongain has launched a new Semiconductor report Hand Dryers Market Report 2019-2029: Forecasts by Product (Hot Air, Jet Air), by End-use (Hotel & Restaurants, Hospital & Clinics, Airports, Food Processing and Services, Offices, and Shopping Malls), by Mounting Technique, by Mode of Operation PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis.
The global hand dryers market is expected to demonstrate promising growth through the forecast period. This can be attributed to increasing awareness about environmental issues and high adoption of hand dryers by the end-users including hospitals, airports, food processors and services, offices, and shopping malls. However, high cost of installation and operational noise of the devices are likely to hinder the growth of the hand dryers market.
Currently, there is a rise in the usage of environmental-friendly equipments due to growing awareness of climate change. This trend is a major factor for the growth of the hand dryers market as it facilitates lower usage of paper & water wastage. Furthermore, the infrastructural development in emerging countries, such as China, India, & Brazil, offer tremendous market opportunity. However, the uptake of hand dryers is sluggish in several developing and underdeveloped regions, primarily due to the high cost of initial installment. The highest adoption of hand dryers is observed across commercial properties such as shopping malls, offices, & hotels, among others. Among the hand dryers, jet air hand dryers are found to be more efficient, fueling to the increasing popularity of these dryers across the world. In comparison to hot air hand dryers, jet air hand dryers are faster, consume less energy, more economical and hygienic.
Some of the key companies operating in the market include American Dryer, LLC.; Bobrick Washroom Equipment Inc.; Dyson Technology India Pvt Ltd; Electrostar; Jaguar Group Sdn. Bhd.; Bradley Corporation; Excel Dryer, Inc.; Mitsubishi Electric Corporation; Panasonic Corporation; Saniflow Corporation; SPL NZ; Toto Ltd.; Taishan Jieda Electrical Co. Ltd., and World Dryer. These manufacturers are taking various strategic initiatives for increasing efficiency, lowering maintenance cost, and reducing energy consumption of hand dryers.
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