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Global Electric Hand Dryer Market 2016-2020

Category : Consumer Goods  | Published Date : Dec-2015 | Pages : 51
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 Market outlook of electric hand dryers

The demand for eco-friendly appliances and increased awareness about washroom hygiene has led to the high adoption of electric hand dryers, which resulted in a projected CAGR of over 12% for this market during the forecast period. Hand dryers are widely used in the hospitality industry, therefore their growth in the hospitality sector is expected to contribute considerably to the growth of the electric hand dryer market.

Customization of products is another fast-moving trend that is driving the growth of the electric hand dryers market. Manufacturers in the hand dryers market are offering customization to cater to the needs of the users. For instance, World Dryer introduced it's SMARTdri Plus energy efficient and high-speed hand dryer into the market. Such innovations in the market are likely to uplift the electric hand dryers market during the forecast period.

Segmentation and analysis by product of the electric hand dryer market

Hot hand dryer
	Jet hand dryer
With an enormous share of more than 63%, the hot hand dryer segment dominated the electric hand dryer market and is like to maintain its number one position during the forecast period. The demand for these dryers is much higher compared to jet hand dryers because they are less expensive. Restaurants, hotels, offices, hospitals, malls, and airports in APAC and ROW use hot hand dryers.

Geographical segmentation and analysis of the electric hand dryer market

APAC
	Europe
	North America
	ROW
Europe accounted for nearly 50% of the market share in 2015, wherein the German market contributes the largest share in this region, followed by France. Italy and the UK also among the top markets in this region. The EU has the largest number of hotels and restaurants, which is the main factor driving the growth of the electric hand dryer market in this region.

Competitive landscape and key vendors

Manufacturers in the electric hand dryers market are continuously trying to address the challenges faced and launch several innovate products to cater to the need of the users. The competition in the present market scenario is fierce, hence continuous product innovation by vendors is the key factor to withstand the competition and enhance their market share. Some vendors are focusing on producing electric hand dryers that are both user-friendly and eco-friendly.

The leading vendors in the market are -

American Dryer
	Dyson
	Excel Dryer
	Mitsubishi Electric
	World Dryer
Other prominent vendors in the market include Askon Engineers, Bio JetDrier, Hokwang Industries, Taishan Jieda Electrical Industrial, Panasonic, Palmer Fixture, and Warner Howard UK.

Key questions answered in the report include

What will the market size and the growth rate be in 2020?
	What are the key factors driving the global electric hand dryer market?
	What are the key market trends impacting the growth of the global electric hand dryer market?
	What are the challenges to market growth?
	Who are the key vendors in the global electric hand dryer market?
	What are the market opportunities and threats faced by the vendors in the global electric hand dryer market?
	Trending factors influencing the market shares of the APAC, Europe, North America and ROW.
	What are the key outcomes of the five forces analysis of the electric hand dryer market?
Technavio also offers customization on reports based on specific client requirement.

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Table of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product
Market overview
PART 07: Geographical segmentation
Global electric hand dryers market by geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive scenario
PART 15: Key vendor analysis
American Dryer
Dyson
Excel Dryer
Mitsubishi Electric
World Dryer
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global electric hand dryers market
Exhibit 03: Global electric hand dryers market 2015-2020 ($ million)
Exhibit 04: Global electric hand dryers market 2015-2020 (thousand units)
Exhibit 05: Five forces analysis
Exhibit 06: Market share of global electric hand dryers market
Exhibit 07: Global hot hand dryers market 2015-2020 ($ million)
Exhibit 08: Global jet air hand dryers market 2015-2020 ($ million)
Exhibit 09: Geographical segmentation of global hand dryers market ($ million)
Exhibit 10: Key leading countries
Exhibit 11: Market drivers in global hand dryers market
Exhibit 12: Impact of drivers
Exhibit 13: Market challenges in global electric hand dryers market
Exhibit 14: Impact of drivers and challenges
Exhibit 15: Market trends in global electric hand dryers market
Exhibit 16: American Dryer: Product segmentation 2014
Exhibit 17: Dyson: Product segmentation 2014
Exhibit 18: Excel Dryer: Product segmentation 2014
Exhibit 19: Mitsubishi Electric: Business segmentation by revenue 2014
Exhibit 20: Mitsubishi Electric: Business segmentation by revenue 2014 and 2015 ($ billion)
Exhibit 21: Mitsubishi Electric: Geographical segmentation by revenue 2015
Exhibit 22: World Dryer: Product segmentation 2014
...
Publisher Name : Technavio

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