“Hand Dryer – Market Demand, Growth, Opportunities, Manufacturers and Analysis of Top Key Players to 2022”
PUNE, MAHARASTRA, INDIA, October 11, 2019 /EINPresswire.com/ — Hand Dryer Market (Hot hand dryers and Jet hand dryers) Market for Hotel, Hospitals & Clinics, Food processing & Service Industry, Commercial Complexes, Office Buildings and Others Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022
Wiseguyreports.Com Adds “Hand Dryer – Market Demand, Growth, Opportunities, Manufacturers and Analysis of Top Key Players to 2022” To Its Research Database.
Hand Dryers are electric machines used to dry the hands after washing, through a blast of warm air. They are installed in bathrooms and next to washbasins, essentially any place where a person would wash their hands. Hand dryers can be run either by the push of a button or through sensors that detect when a person’s hands are placed in front of the dryer's jet. The latter is preferred as it prevents people with wet or dirty hands from touching the machine. Hand dryers are an excellent substitute to paper towels, as they prevent the wasteful use of paper.
One reason for the popularity of hand dryers in places where a large number of people are present, like offices or malls, for example, is that a hand dryer is much more economical when compared to paper towels. Depending on the cost of paper towels, management tends to cut down costs by as much as 85% – 99%. Although the initial investment is higher when installing a hand dryer than when installing paper towel dispensers, the long hand dryers, however, require little to no maintenance, thus bringing down daily expenditure.
There are two types of hand dryers in the market today – Hot hand dryers and Jet hand dryers. Hot hand dryers blow a jet of air through a heating coil over your hands, and the heat and air pressure evaporate the water droplets, thereby drying your hands. A jet hand dryer works on a different principle. You move your hands in a space between two openings that blow out air at high velocity, which pushes the water droplets off of your hands rather than heating and evaporating them. Jet hand dryers have proven to be more efficient and economical.
This market report provides an analysis and forecast report for the hand dryer market both on a global and regional level. The report provides insights on historic data collated from 2014-2016 and a forecast report for the time period 2017 to 2022. The report provides insights on the driving and restraining forces in the hand dryer market, and of the opportunities available on a global level.
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This report provides an analysis of the Porter’s Five Forces model for the hand dryer market to help companies understand the current market competition, along with a detailed value chain analysis. The report is created by studying data from the following manufacturers:
American Dryer, Inc.
Excel Dryer, Inc.
Mitsubishi Electric Corporation
World Dryer Corporation.
The report is segmented based on the types of hand dryers:
Hot hand dryers
Jet hand dryers
The report is also segmented based on the application of hand dryers:
Food processing Service Industry
The report is also segmented based on region, providing insights on the current demand and forecasted demand for hand dryers in the following geographic regions:
The Asia Pacific
The Middle East and Africa
Complete report with Comprehensive table of contents@ https://www.wiseguyreports.com/reports/3262856-hand-dryer-market-hot-hand-dryers-and-jet
According to a recent report by BBC News Media, the hand dryer market in 2018 was valued at $400 million, and the projected market value between 2019 and 2015 at $1230 million. This equals a CAGR of 15.1%.
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Source: EIN Presswire