Astute Analytica’s recently published report on the global Hand Dryer Market offers the latest data and determines growth prospects and challenges. A tool for evaluating the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities.

The Hand Dryer Market is expected to witness a jump in revenue from US$ 1,014.4 Million in 2021 to US$ 2,928 Million by 2030. The market is registering a CAGR of 12.82% during the forecast period 2022-2030. In terms of volume, the market is registering growth at a CAGR of 9.74% during the forecast period.

The study also contains a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields as well as representatives from various industries found all along the supply chain.

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The size of the global Hand Dryer Market will increase at a compound annual growth rate (CAGR) during the forecast period from 2023 to 2031. The paper discusses further findings that researchers made based on the comprehensive data and also offers information on the state of the market.

The paper discusses kinds and applications based on various nations and important locations. The market’s most active companies are described in detail with regard to attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.

Leading Companies

The key players in the global hand dryer market are American Dryer, LLC, Dyson, Bradley Corporation, Jaguar Group Sdn. Bhd, Excel Dryer Inc., Mitusubishi electric, World Dryer, and Electrostar among others. Through extensive research, it is found that big players have adopted various competitive strategies such as mergers & acquisitions in order to have a grip on the emerging markets.

We continuously monitor the direct impact COVID-19 (Update Omicron mutations study) has on the market, in addition to the indirect influence of related industries. The report will contain the observations.

The geographical regions are divided into several major categories for production, consumption, revenue (in US dollars), and market share in this analysis. We’ll discuss the predicted growth of the market in this region between 2021 and 2031.

Segmentation Overview

Following are the segments of the global hand dryer market:

By Product segment of the Global Hand Dryer Market is sub-segmented into:

  • Hands-in Dryer
  • Hands-under Dryers
    • Blade
    • Jet
    • High-speed

By Drying Mechanism segment of the Global Hand Dryer Market is sub-segmented into:

  • Hot Hand Dryer
  • Jet Hand Dryer
  • Hybrid

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By Automation segment of the Global Hand Dryer Market is sub-segmented into:

  • Automatic
  • Manual

By Mounting Technique segment of the Global Hand Dryer Market is sub-segmented into:

  • Surface Mounted
  • Wall Mounted

By End User segment of the Global Hand Dryer Market is sub-segmented into:

  • Healthcare
  • Hospitality
    • Hotels & Restaurants
    • Quick Service Restaurants (QSRs)
    • Others
  • Commercial Spaces
  • Industrial
  • Offices
  • Airports
  • Educational Enterprises
  • Government Spaces
  • Others

By Region segment of the Global Hand Dryer Market is sub-segmented into:

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Poland
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA
  • South America
    • Argentina
    • Brazil
    • Rest of South America

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About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

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