The global hand dryer market is anticipated to reach around $1,930 million by 2026 according to a new research published by Polaris Market Research. In 2017, the jet air hand dryer segment dominated the global market, in terms of revenue. Europe was the leading contributor to the global market revenue in 2017.
Growing concerns regarding environment, increasing need to reduce energy consumption, and growing need for energy efficient equipment support the growth of hand dryer market during the forecast period. There has been an increasing demand of hand dryers from hotels and restaurants, airports, shopping malls, railway stations, and commercial buildings among others has increased adoption of hand dryers in the recent past. Additionally, energy efficient buildings and need to reduce operation costs would boost growth during the forecast period. Other factors supporting market growth include growing need to reduce wastage of water and paper, increasing awareness, and technological advancements. Furthermore, increasing investments by vendors in technological advancements coupled with research and development further boost the hand dryer market growth.
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The demand for advanced and energy efficient hand dryers has increased over the years owing to increasing energy concerns, and environment consciousness across the globe. The increasing awareness among consumers regarding use of energy efficient and smart technology further boosts the adoption of hand dryers. The rising awareness regarding use of eco-friendly solutions, development of smart infrastructure, and increasing adoption of energy efficient buildings are factors expected to promote the hand dryer market growth during the forecast period.
Europe generated the highest revenue in the hand dryer market in 2017. The increasing awareness among consumers regarding use of energy efficient equipment, and growing development of energy efficient buildings drive the market growth in the region. Consumers are adopting hand dryers to increase energy efficiency, and reduce operation costs. Numerous key players have adopted partnership and expansion strategies to increase their market share in the markets of the European region.
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The major players in the hand dryer market includes Dyson Ltd., Mitsubishi Electric Corporation, Jaquar & Company Pvt Ltd, American Dryer, Inc., Panasonic Corporation, Excel Dryer, Inc., Bradley Corporation, Saniflow Corporation, World Dryer Corporation, and Bobrick Washroom Equipment, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
- Hand Dryer Market Size and Forecast by Type, 2018-2026
- Hot Air Hand Dryer
- Jet Air Hand Dryer
- Hand Dryer Market Size and Forecast by Mode of Operation, 2018-2026
- Push Button Hand Dryer
- Fully Automatic hand Dryer
- Hand Dryer Market Size and Forecast by Mounting Technique, 2018-2026
- Surface Mounted
- Wall Mounted
- Hand Dryer Market Size and Forecast by End-User, 2018-2026
- Hotels and Restaurants
- Railway Stations and Airports
- Hospitals
- Commercial Buildings
- Shopping Complexes
- Others
- Hand Dryer Market Size and Forecast by Region, 2018-2026
- North America
- US.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Latin America
- Brazil
- Middle East & Africa
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The global hand dryer market is anticipated to reach around $1,930 million by 2026 according to a new research published by Polaris Market Research.
Growing concerns regarding environment, increasing need to reduce energy consumption, and growing need for energy efficient equipment support the growth of hand dryer market during the forecast period.
Other factors supporting market growth include growing need to reduce wastage of water and paper, increasing awareness, and technological advancements.
Furthermore, increasing investments by vendors in technological advancements coupled with research and development further boost the hand dryer market growth.
Request for a sample of this research report @ https://www.polarismarketresearch.com/industry-analysis/hand-dryer-market/request-for-sample The demand for advanced and energy efficient hand dryers has increased over the years owing to increasing energy concerns, and environment consciousness across the globe.
The increasing awareness among consumers regarding use of energy efficient and smart technology further boosts the adoption of hand dryers.
The global hand dryer market is anticipated to reach around $1,930 million by 2026 according to a new research published by Polaris Market Research.
Growing concerns regarding environment, increasing need to reduce energy consumption, and growing need for energy efficient equipment support the growth of hand dryer market during the forecast period.
There has been an increasing demand of hand dryers from hotels and restaurants, airports, shopping malls, railway stations, and commercial buildings among others has increased adoption of hand dryers in the recent past.
Other factors supporting market growth include growing need to reduce wastage of water and paper, increasing awareness, and technological advancements.
Furthermore, increasing investments by vendors in technological advancements coupled with research and development further boost the hand dryer market growth.
The demand for advanced and energy efficient hand dryers has increased over the years owing to increasing energy concerns, and environment consciousness across the globe.
New York, NY 01 Mar 2021: The global hand dryer market is anticipated to reach around $1,930 million by 2026 according to a new research published by Polaris Market Research.
Growing concerns regarding environment, increasing need to reduce energy consumption, and growing need for energy efficient equipment support the growth of hand dryer market during the forecast period.
Other factors supporting market growth include growing need to reduce wastage of water and paper, increasing awareness, and technological advancements.
Furthermore, increasing investments by vendors in technological advancements coupled with research and development further boost the hand dryer market growth.
Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/hand-dryer-market/request-for-sample The demand for advanced and energy efficient hand dryers has increased over the years owing to increasing energy concerns, and environment consciousness across the globe.
The increasing awareness among consumers regarding use of energy efficient and smart technology further boosts the adoption of hand dryers.
The global hand dryer market is anticipated to reach around $1,930 million by 2026 according to a new research published by Polaris Market Research.
In 2017, the jet air hand dryer segment dominated the global market, in terms of revenue.
Growing concerns regarding environment, increasing need to reduce energy consumption, and growing need for energy efficient equipment support the growth of hand dryer market during the forecast period.
There has been an increasing demand of hand dryers from hotels and restaurants, airports, shopping malls, railway stations, and commercial buildings among others has increased adoption of hand dryers in the recent past.
Other factors supporting market growth include growing need to reduce wastage of water and paper, increasing awareness, and technological advancements.
Furthermore, increasing investments by vendors in technological advancements coupled with research and development further boost the hand dryer market growth.
"Trending News:Intelligent Building Automation Technologies Market Report is Booming Globally by Top Leading Players"The intelligent building automation technologies market is anticipated to reach over USD 118.7 billion by 2026 according to a new research published by Polaris Market Research.
The major driving factor for the intelligent building automation technologies market is the increasing need of infrastructure with reduced CO2 emissions, which further triggers governments to provide more incentives as the trend of smart-cities is on a rise.
IBAT also has become a differentiator in the real estate business as it conforms with improved safety and security systems.
The IBAT aims to reduce operational costs substantially through the integration of IoT platforms.
Several stringent energy consumption regulations passed by governments worldwide have boosted the adoption of Intelligent Building Automation Technologies.
Growing concerns regarding environment, depleting fuel resources, and increasing need to reduce energy consumption further support the growth of intelligent building automation technologies market.
Energy-efficient motors market are based on less energy, power coolers and are more reliable than traditional motors.
The motor produces less noise and vibration and has low operating temperature.Increased robotics and automation in the manufacturing sector, costs of energy consumed is reducing and rise in the sale of vehicles are the factors driving the growth of the energy efficient motor market.
High investment costs at an initial stage and intense competitions are restraining the energy efficient motor market.
Data Bridge Market Research report on energy efficient motor market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.Access insightful study with over 100+ pages, list of tables & figures, profiling 10+ companies.
Ask for Free Sample Copy Of Connected care market @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-energy-efficient-motor-marketMarket Drivers and Restraints:Based on installation type, energy efficient motor market is segmented into open drip proof motor and totally enclosed fan cooled motor.Based on efficiency level, energy efficient motor market is segmented into IE4, IE3, IE2 and IE1.Based on motor type, energy efficient motor market is segmented into AC motors and DC motors.
AC motors are sub-segmented into induction motors and synchronous motors.
