SAN FRANCISCO , March 22, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Electric Hand Dryers - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to our digital archives and MarketGlass Research Platform
Complimentary updates for one year
Executive Pool: 925 Companies: 89 - Players covered include American Dryer, LLC; Bobrick Washroom Equipment, Inc; Dyson Technology India Pvt Ltd; ELECTROSTAR GmbH; Euronics Industries Pvt Ltd; Excel Dryer; Jaquar Group; Mitsubishi Electric Corporation; Panasonic Corporation; Saniflow Hand Dryer Corporation; SPL Limited; Taishan Jieda Electrical Co. Ltd; World Dryer Corporation and Others. Coverage: All major geographies and key segments Segments: Mode of Operation (Automatic, Push Button); Type (Jet Air, Hot Air); End-Use (Hotels & Restaurants, Shopping Malls, Other End-Uses) Geographies: World; USA ; Canada ; Japan ; China ; Europe ; France ; Germany ; Italy ; UK; Spain ; Russia ; Rest of Europe ; Asia-Pacific ; Australia ; India ; South Korea ; Rest of Asia-Pacific ; Latin America ; Argentina ; Brazil ; Mexico ; Rest of Latin America ; Middle East ; Iran ; Israel ; Saudi Arabia ; UAE; Rest of Middle East ; Africa .
Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry
Global Electric Hand Dryers Market to Reach $790.1 Million by 2026 Hand dryer is an electric machine which uses heating element and an air blower to dry hands by blowing warm air on to user`s hands. It is commonly used in public bathrooms as a cost-effective alternative to paper towels. Hand hygiene and washing has emerged as an important method to prevent transmission of Covid-19. As wet hands can transfer infection, drying hands has become an essential part of the hand washing procedure. Organizations that research disease control and prevention, recognize hand washing with water and soap or an antiseptic with 60% alcohol concentrate as a must to prevent disease. Warm air dryers have been recommended as important for hand hygiene as germs transfer easily from wet skin. The World Health Organization recommends use of paper towels or a warm air dryer to dry hands after cleaning. While such recommendations tend to encourage the sales of hand dryers, the segment however faces a major challenge of misinformation stating electric hand dryers found to be associated with the dispersal of pathogens into the air.
Amid the COVID-19 crisis, the global market for Electric Hand Dryers estimated at US$596.7 Million in the year 2022, is projected to reach a revised size of US$790.1 Million by 2026, growing at a CAGR of 6.9% over the analysis period. Automatic Electric Hand Dryers, one of the segments analyzed in the report, is projected to record 7.8% CAGR and reach US$683.1 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Push Button Electric Hand Dryers segment is readjusted to a revised 3.6% CAGR for the next 7-year period. Automatic hand dryers are equipped with quick reaction electronic sensors in which the device instantly turns on and off upon detection of user's hand movements. The devices are very effective in drying hands and are environmentally friendly with maximum energy efficiency. Higher user satisfaction and demand for fully automatic hand dryers which do not need to be operated manually are estimated to account for larger share in the market
The U.S. Market is Estimated at $178.9 Million in 2022, While China is Forecast to Reach $87.2 Million by 2026 The Electric Hand Dryers market in the U.S. is estimated at US$178.9 Million in the year 2022. China , the world`s second largest economy, is forecast to reach a projected market size of US$87.2 Million by the year 2026 trailing a CAGR of 8.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada , each forecast to grow at 5.9% and 6.1% respectively over the analysis period. Within Europe , Germany is forecast to grow at approximately 6.5% CAGR. Amid the COVID-19 pandemic, hygienic and sanitary washrooms have gained significant importance as 80 percent of infections are transmitted through touch. The demand for these products is expected to be also propelled by increasing awareness regarding infections and focus on hand hygiene at workplaces.
In fact, public health is the focal point of public restroom design. With this perspective, the use of hand dryers is much sought after. Used paper towels and water is not a hygienic practice as it can breed germs. Wet stall floors, availability of soap, germ-laden door handles, availability of paper towels and wet seats are the main areas of dissatisfaction among users of public restrooms. With increasing clamor for better public restroom facilities, manufacturers have launched many innovative products that are faster and hygienic. Touch-free faucets and sensor-driven electric hand dryers with high efficiency are some of the design innovations that are gaining acceptance amid the pandemic. Most of the high-efficiency hand dryers, allow hand drying in less than 10 seconds. Traditional hand dryers have a press button to make them start. Automated hand dryers are activated by motion or proximity. More
MarketGlass™ Platform Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include - enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.
Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android
About Global Industry Analysts, Inc. & StrategyR™ Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS: Zak Ali Director, Corporate Communications Global Industry Analysts, Inc. Phone: 1-408-528-9966 www.StrategyR.com Email: ZA@StrategyR.com
LINKS Join Our Expert Panel https://www.strategyr.com/Panelist.asp
Connect With Us on LinkedIn https://www.linkedin.com/company/global-industry-analysts-inc./
Follow Us on Twitter https://twitter.com/marketbytes
Journalists & Media Info411@strategyr.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/new-analysis-from-global-industry-analysts-reveals-steady-growth-for-electric-hand-dryers-with-the-market-to-reach-790-1-million-worldwide-by-2026--301506343.html
SOURCE Global Industry Analysts, Inc.
Alternative energy stocks, along with broader ESG funds, have been a hot topic among investors the past few years.
Shares of solar microinverter company Enphase Energy (NASDAQ: ENPH) fell as much as 9.7% today as the solar industry overall cratered. There wasn't significant news out about Enphase or any major solar energy company today, which makes the move a little mysterious.
Runaway inflation and supply chain disruptions have pushed commodities higher and higher, and now commodity shipping stocks are exploding, as well
Exxon Mobil Corp. estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentation on Tuesday. That is about 60% of the $6.5 trillion market the U.S. largest crude producer estimates for oil and gas by then. Carbon capture is an important emissions reduction technology, according to the International Energy Agency (IEA).
Hydrogen fuel cell maker Plug Power sees 2022 revenue surging 80% year over year to up to $925 million. Is PLUG stock a buy now?
In the past few years, a lot of focus has been on technology stocks. The tech-heavy Nasdaq Composite Index has returned 49% since the beginning of 2020. For them, Generac Holdings (NYSE: GNRC), a company best known for residential generators, could be a great addition to a portfolio lacking energy exposure.
(Bloomberg) -- Bankers trying to get their net-zero CO2 targets certified now face hard deadlines to reduce capital flows to fossil fuels.Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Rout Is Worst Since 2004, Punishing Roku and Disney, TooUkrainian Troops Risk Being Encircled in New Russian OffensiveAckman Loses More Than $430 Million on 3-Month Netflix BetUkraine Update: Mariupol on Brink; China Stands With MoscowThe Science Based Targets i
Coastal cities are doubly impacted by the flood risk of rising seas and sinking land due to human activity.
(Bloomberg) -- In the hottest U.S. labor market in decades, the hottest job of them all right now might be trading fats.Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Rout Is Worst Since 2004, Punishing Roku and Disney, TooUkrainian Troops Risk Being Encircled in New Russian OffensiveAckman Loses More Than $430 Million on 3-Month Netflix BetUkraine Update: Mariupol on Brink; China Stands With MoscowThat’s right -- animal fats. And greases, too
Environmentalists and fossil-fuel drillers both chafe under Biden policies that try to navigate between cheap energy and a cleaner future.
Running in a zigzag to outrun an alligator is a myth.View Entire Post ›
(Bloomberg) -- PT Adaro Energy, one of Indonesia’s biggest coal miners, is shifting to renewable energy after making a fortune from surging commodity prices. Most Read from BloombergKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineNetflix Rout Is Worst Since 2004, Punishing Roku and Disney, TooUkrainian Troops Risk Being Encircled in New Russian OffensiveAckman Loses More Than $430 Million on 3-Month Netflix BetUkraine Update: Mariupol on Brink; China Stands With MoscowThe com
On April 19, a wildfire that is spreading rapidly near Flagstaff, Arizona, has grown over 6,000 acres and is continuing to spread.
Coming across a wiggling worm while digging through the dirt in your garden is usually an excellent sign. Despite looking gross to some, many consider the slithering invertebrates to be highly beneficial to soil beds and your plants' health. But according to experts, an invasion of a new worm species through some areas in the U.S. could create problems for green thumbs due to their toxic nature. Read on to see which places are being affected by the new arrival.RELATED: This Is the Most Hated Ins
These five changes can help your home curb climate change, on Earth Day and every day.
Spring continues to take a backseat with this pattern, one that was influenced by major weather events.
A burned 'Caution: Children at play' sign remained after a wildfire devastated the town of Berry Creek, Calif., in 2020. Carolyn Cole/Los Angeles Times via Getty ImagesWhen I was a young researcher studying how forested ecosystems recover from wildfire, I brought my 6-month-old daughter with me to Yellowstone National Park. These forests are incredibly resilient to wildfire because they’ve been adapting to it for 10,000 years. Their story of resilience was a hopeful narrative as I began my resea
Heating or cooling? I do both. FanFan61618/Flickr, CC BY-SATo help curb climate change, President Biden has set a goal of lowering U.S. greenhouse gas emissions 50%-52% below 2005 levels by 2030. Meeting this target will require rapidly converting as many fossil fuel-powered activities to electricity as possible, and then generating that electricity from low-carbon and carbon-free sources such as wind, solar, hydropower and nuclear energy. The buildings that people live and work in consume subst
Europe is set to add more offshore wind capacity in 2022 than any other year on record, installing more than four gigawatts of capacity
As favorable conditions for wildfires flourished across much of the Southwest, one Arizona wildfire completely tripled in size in less than 48 hours, ripping through at least two dozen structures and sending residents scrambling. The Tunnel Fire, which is burning across an area about 14 miles northeast of Flagstaff, exploded in size since it was first reported late Sunday afternoon. On Tuesday afternoon, the fire was measured at more than 6,000 acres, but with no containment, the blaze grew to 1