Global Supersonic Hand Dryer Market, By Product Type (Hot Air Hand Dryer, Jet Air Hand Dryer), Mode of Operation (Push Button Hand Dryer, Fully Automatic Hand Dryer), Mounting Technique (Surface Mounted, Wall Mounted), End User (Hotels and Restaurants, Railway Stations and Airports, Hospitals, Commercial Buildings, Shopping Complexes, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Supersonic hand dryer market size is valued at USD 12.78 billion by 2027 and is expected to grow at a compound annual growth rate of 7.8% in the forecast period of 2020 to 2027. Supersonic hand dryer market report analyses the growth, which is currently being growing due to the escalating demand for useful energy technology.
The increasing demand for hand dryers from various end users such as commercial buildings, hotels and restaurants, shopping complexes, and airports has increased the adoption of hand dryers which has positively influenced the growth of supersonic hand dryer market over the forecast period of 2020 to 2027. The growing awareness among consumers regarding use of energy efficient and smart technology is a key factor driving the growth of the target market. The growing need to reduce wastage of water, increasing awareness regarding use of eco-friendly solutions, rising adoption of energy efficient buildings, rising disposable income along with and the need to lower the operational spending will positively impact the growth of the supersonic hand dryer market. In addition, the increasing need for energy efficiency, rising energy costs and economic benefits are also accelerating the demand of supersonic hand dryer market. Moreover, the upward inclinations of smart infrastructure, rising demand from emerging economies as well as the increase in the number of restaurants, hotels, and fast food chains across the world are boosting various lucrative opportunities for the supersonic hand dryer market in the above mentioned forecast period.
However, the high cost of initial installation of these devices when compared to paper towels will obstruct the growth of the supersonic hand dryer market in the above mentioned forecast period, whereas the noise pollution created by operation of these devices can pose a challenge to the supersonic hand dryer market growth.
This supersonic hand dryer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on supersonic hand dryer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Supersonic Hand Dryer Market Scope and Market Size
- Supersonic hand dryer market is segmented on the basis of product type, mode of operation, mounting technique and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on type, the supersonic hand dryer market is segmented into hot air hand dryer, and jet air hand dryer.
- On the basis of mode of operation, the supersonic hand dryer market is segmented into push button hand dryer and fully automatic hand dryer.
- On the basis of mounting technique, the supersonic hand dryer market is segmented into surface mounted and wall mounted.
- Based on end user, the supersonic hand dryer market is segmented into hotels and restaurants, railway stations and airports, hospitals, commercial buildings, shopping complexes and others.
Global Supersonic Hand Dryer Market Country Level Analysis
Supersonic hand dryer market is analyzed and market size, volume information is provided by country, product type, mode of operation, mounting technique and end user as referenced above.
The countries covered in the supersonic hand dryer market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe is leading the supersonic hand dryer market due to the high demand is contributed owing to growing environmental awareness and increasing development of eco-friendly hand dryers in the region. Asia-Pacific is expected to grow over the forecast period of 2020 to 2027 because of the developing infrastructure, technological advancements and better living standards in this particular region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Supersonic Hand Dryer Market Share Analysis
Supersonic hand dryer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to supersonic hand dryer market.
The major players covered in the supersonic hand dryer market report are Dyson Ltd., Mitsubishi Electric Corporation, Taishan Jieda Electrical Co. Ltd., Jaquar, American Dryer, Panasonic Corporation, Excel Dryer, Electrostar, Euronics Industries Pvt Ltd, World Dryer Corporation, Bradley Corporation, Saniflow SA, and Bobrick Washroom Equipment, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Supersonic Hand Dryer Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.