Analysts at TMR estimate the electric hand dryer market to expand at a CAGR of 8% during the forecast period from 2021 to 2031. Manufacturers in the electric hand dryer market are engaging extensively in innovation, especially to boost sales during the ongoing COVID-19 pandemic.
Conventional hand dryers are associated with outdated technology that rely on the evaporation to dry hands. This is driving the attention of manufacturers to boost R&D in high-speed sheets of unheated air for quick drying of hands. High-speed sheets of unheated air are fast and use less electricity in comparison with traditional hand drying machines.Analysts at TMR estimate the electric hand dryer market to expand at a CAGR of 8% during the forecast period from 2021 to 2031. Manufacturers in the electric hand dryer market are engaging extensively in innovation, especially to boost sales during the ongoing COVID-19 pandemic.
Conventional hand dryers are associated with outdated technology that rely on the evaporation to dry hands. This is driving the attention of manufacturers to boost R&D in high-speed sheets of unheated air for quick drying of hands. High-speed sheets of unheated air are fast and use less electricity in comparison with traditional hand drying machines.Asia Pacific held the leading share of the electric hand dryer market in 2020. North America electric hand dryer market is anticipated to display the leading CAGR during the forecast period. Factors such as increasing adoption of new technologies for improved products and rising promotional activities are fueling the growth of the electric hand dryers market in the region.Electric Hand Dryer Market – Key Findings of Report
Evidence of integration of high efficiency particulate air (HEPA) filters in electric hand dryers to improve hygiene of washed hands is driving manufacturers to expand sales of these machines via eCommerce amid the pandemic
Sensor-based automatic jet hand dryers are preferred in healthcare facilities, public places such as airports and recreation centers, and government institutions. Touch-free infrared start of automatic jet hand dryers preferred for public places, especially during the ongoing COVID-19 pandemic.
Need to elevate awareness about delayed detection of hand by automatic jet hand dryers is leading manufacturers to educate through product information posters
Manufacturers in the electric hand dryer market are engaging in increasing the production of machines that have compact design, all-round reliability, and low noise output for the expanding demand from commercial bathrooms. Quality assurance through lab testing and CE certification are some other attributes manufacturers are focused on for competitive advantage.
Stainless steel and white steel exterior casing are increasingly becoming popular in the electric hand dryers market. Premium quality stainless steel and rust resistance thin electric hand dryers protect machines from damage in public places.
Growth curve of the electric hand dryers market benefits from economic value of electric hand dryers versus paper towels for public restrooms
Use of novel technologies for product innovation is the main focus of companies in the electric hand dryer market. For instance, companies are engaging in R&D in internal ultraviolet protection technology in machines.About Transparency Market Research
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Source : https://www.prnewswire.com/news-releases/electric-hand-dryer-market-to-attain-valuation-of-us-5-5-bn-by-2031–finds-tmr-study-301475652.html
