United States Hand Dryers Market Size, Share, and COVID-19 Impact Analysis, By Type (Hot Hand Dryers and Jet Hand Dryers), By End User (Airports, Hotel & Restaurants, Hospitals, Offices, Shopping Malls, and Others), and United States Hand Dryers Market Insights, Industry Trend, Forecasts to 2033
Industry: Semiconductors & ElectronicsUnited States Hand Dryers Market Insights Forecasts to 2033
- The U.S. Hand Dryers Market Size was valued at USD 350.5 Million in 2023.
- The Market Size is Growing at a CAGR of 8.7% from 2023 to 2033
- The U.S. Hand Dryers Market Size is Expected to Reach USD 807.5 Million by 2033
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The United States Hand Dryers Market is anticipated to exceed USD 807.5 Million by 2033, growing at a CAGR of 8.7% from 2023 to 2033. The growing technological advancements, less maintenance costs, and high operational efficiency are driving the growth of the hand dryers market in the US.
Market Overview
Hand dryers are electronic devices that are used for hand drying more efficiently than paper towels. They are frequently found in public restrooms as well as in a variety of locations, such as eateries, airports, workplaces, public spaces, and schools. There is an increased popularity of hand dryers as they provide a waste-free alternative, thus having an environmental impact. Further, they are convenient to use as they are simple to operate and don’t demand any further work from the user. The use of hand dryers as a sustainable solution is fuelled by building rules and laws that require the use of energy-efficient and environmentally friendly appliances in commercial and public facilities. In order to provide more effective, hygienic, and user-friendly solutions for public toilets, many hand dryers come equipped with noise-reducing technologies, such as soundproofing materials or quieter motor systems. The increasing trend for energy efficient and sustainability solutions, as well as the growing awareness and importance of hygiene among the people of the United States are leveraging market opportunity for hand dryers.
Report Coverage
This research report categorizes the market for the US hand dryers market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States hand dryers market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the US hand dryers market.
United States Hand Dryers Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 350.5 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 8.7% |
2033 Value Projection: | USD 807.5 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Type, By End User |
Companies covered:: | Dyson, Excel Dryer, Palmer Fixture, American Dryer, World Dryer, Bobrick Washroom Equipment, Inc., Bradley Corporation, ASI Group, Mitsubishi Electric US, Inc., Sloan Valve Company, TOTO USA, Inc., Saniflow Corporation, Stiebel Eltron USA, and Others Key Vendors. |
Pitfalls & Challenges: | COVID-19 Empact,Challenges, Future, Growth, & Analysis |
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Driving Factors
In the US, a lot of modern hand dryers have touchless features like automatic dispensers or infrared sensors. High-speed air streams are incorporated into certain hand dryers to dry hands more quickly and effectively. These technological advancements in the device are leveraging market growth. The competition among the manufacturers surges the development of innovative products, setting competitive prices, and launching marketing campaigns, which is driving the market. Furthermore, the lower maintenance costs, and high operational efficiency are significantly driving the market. There is growing application of hand dryers in commercial buildings due to their environmental impact, including less energy consumption and less trash production.
Restraining Factors
The high installation costs of hand dryers as well as concern about the spread of bacterial infections are restraining the market.
Market Segmentation
The United States Hand Dryers Market share is classified into type and end user.
- The jet hand dryers segment dominated the US hand dryers market with the largest market share in 2023.
Based on the type, the U.S. hand dryers market is divided into hot hand dryers and jet hand dryers. Among these, the jet hand dryers segment dominated the US hand dryers market with the largest market share in 2023. Jet hand dryers are more efficient than hot hand dryers as they possess rapid hand-drying capabilities. Factors such as low energy consumption, portability, affordability, and ease of use are responsible for driving the market growth. Several jet air hand dryers are made with energy efficiency in consideration, using less electricity, which is consistent with the increasing focus on sustainable and environmentally friendly solutions.
- The hotel & restaurants dominated the US hand dryers market with the largest market share in 2023.
Based on the end user, the U.S. hand dryers market is divided into airports, hotel & restaurants, hospitals, offices, shopping malls, and others. Among these, the hotel & restaurants dominated the US hand dryers market with the largest market share in 2023. Hand dryers are a great option for hotels & restaurants because they are thought to be more hygienic and sanitary than paper towels, especially ones that come with HEPA filters and touchless operation. The region's tourism industry and the increasing number of hotels, pubs, and restaurants are fueling the market expansion in the hotel and restaurant sector.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the U.S. hand dryers market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Dyson
- Excel Dryer
- Palmer Fixture
- American Dryer
- World Dryer
- Bobrick Washroom Equipment, Inc.
- Bradley Corporation
- ASI Group
- Mitsubishi Electric US, Inc.
- Sloan Valve Company
- TOTO USA, Inc.
- Saniflow Corporation
- Stiebel Eltron USA
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In February 2024, Bobrick Washroom Equipment, Inc., an industry leader in global washroom accessories, acquired longtime representative Sylvester & Associates.
- In October 2023, KeyBanc Capital Markets (KBCM) successfully completed its M&A advisory mandate in support of Bradley Corporation (Bradley or the Company) on its sale to Watts Water Technologies, Inc. (Watts Water or Watts) for $303 million.
Market Segment
This study forecasts revenue at U.S., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United States Hand Dryers Market based on the below-mentioned segments
US Hand Dryers Market, By Type
- Hot Hand Dryers
- Jet Hand Dryers
US Hand Dryers Market, By End User
- Airports
- Hotel & Restaurants
- Hospitals
- Offices
- Shopping Malls,
- Others
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