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Global Electric Hand Dryer Market 2016-2020

Global Electric Hand Dryer Market 2016-2020

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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 Global Tissue Paper Market 2015-2019
Global Hand Sanitizer Market 2015-2019
Global DIY Market 2016-2020

Market outlook of the global e-sports market

Technavio's market research analyst has estimated the global market for e-sports to post a profound CAGR of more than 36% by 2019. High growth rate of this market during the forecast period can be attributed to factors such as the increasing number of sponsors and low entry barriers for gamers.

In this market research report, analysts estimate the Americas to dominate the global market for e-sports during the forecast period followed by the APAC and the EMEA regions. The rising popularity of e-sports leagues in the Americas is expected to result in its market share of nearly 43% by 2019.

Genre-based segmentation of the e-sports market

MOBA
FPS
RTS
Others
The multiplayer online battle arena (MOBA) segment is envisaged to exhibit the fastest market growth rate during the forecast period. This segment currently account for nearly 60% of the total market share, but is expected to surpass 70% by 2019 owing to its high fan base and team play element.

Segmentation by revenue and analysis of the e-sports market

E-sports advertising
Prize pool
Ticket sales
Technavio's market research analyst has estimated the e-sports advertising sector to be the largest market segment during the forecast period. This segment is expected to generate a revenue of more than USD 154 million by 2019 as it provides a platform to expand the game's touchpoints and engage users in a better way with their favorite characters.

Competitive landscape and key vendors

This market is highly competitive owing the presence of multiple vendors who have penetrated this market due to its low entry barrier. The leading vendors in this market use innovative marketing strategies to sell their games and enter the e-sports scenario, which is a major parameter to decide the success of the game.

Key vendors in this market are -

Activision Blizzard
Epic Games
Nintendo
Riot Games
Valve Corporation
Wargaming.net
Other prominent vendors in this market are EA Sports, Hi-Rez Studios, and Microsoft Studios.

Key questions answered in the report include

What will the market size and the growth rate be in 2019?
What are the key factors driving the global e-sports market?
What are the key market trends impacting the growth of the global e-sports market?
What are the challenges to market growth?
Who are the key vendors in the global e-sports market?
What are the market opportunities and threats faced by the vendors in the global e-sports market?
Trending factors influencing the market shares of the EMEA, Americas, and APAC?
What are the key outcomes of the five forces analysis of the global e-sports market?
Technavio also offers customization on reports based on specific client requirement.


Press Release

Technavio Announces the Publication of its Research Report – Global Electric Hand Dryer Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Electric Hand Dryer Market: American Dryer, Dyson, Excel Dryer, Mitsubishi Electric and World Dryer

Other Prominent Vendors in the market are: Askon Engineers, Bio JetDrier, Hokwang Industries, Taishan Jieda Electrical Industrial, Panasonic, Palmer Fixture, and Warner Howard UK.

Commenting on the report, an analyst from Technavio’s team said: “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.”

According to the report, the demand for eco-friendly appliances and increased awareness about washroom hygiene has led to the high adoption of electric hand dryers

Further, the report states that issues related to skin irritation are expected to affect the revenue in the global electric hand dryers market during the forecast period.

Companies Mentioned

American Dryer, Dyson, Excel Dryer, Mitsubishi Electric, World Dryer, Askon Engineers, Bio JetDrier, Hokwang Industries, Taishan Jieda Electrical Industrial, Panasonic, Palmer Fixture, and Warner Howard UK.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global electric hand dryers market
    • Market size and forecast
      • Table Global electric hand dryers market 2015-2020 ($ million)
      • Table Global electric hand dryers market 2015-2020 (thousand units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Market share of global electric hand dryers market
      • Table Global hot hand dryers market 2015-2020 ($ million)
      • Table Global jet air hand dryers market 2015-2020 ($ million)
  • Geographical segmentation
    • Global electric hand dryers market by geographical segmentation
      • Table Geographical segmentation of global hand dryers market ($ million)
  • Key leading countries
    • Table Key leading countries
  • Market drivers
    • Table Market drivers in global hand dryers market
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Market challenges in global electric hand dryers market
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Market trends in global electric hand dryers market
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • American Dryer
      • Table American Dryer: Product segmentation 2014
    • Dyson
      • Table Dyson: Product segmentation 2014
    • Excel Dryer
      • Table Excel Dryer: Product segmentation 2014
    • Mitsubishi Electric
      • Table Mitsubishi Electric: Business segmentation by revenue 2014
      • Table Mitsubishi Electric: Business segmentation by revenue 2014 and 2015 ($ billion)
      • Table Mitsubishi Electric: Geographical segmentation by revenue 2015
    • World Dryer
      • Table World Dryer: Product segmentation 2014
  • Explore Technavio

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