Key vendors to generate awareness about their novel products and focus on product innovations
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global electric hand dryers market in their latest research report. This report also lists 6 other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated through the sales of electric hand dryers has been considered.
This Technavio report, under home, kitchen and large appliances vertical, is based on the synthesis, analysis, and interpretation of information about the global electric hand dryers market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The presence of both key vendors and other vendors operating across the globe makes the global electric hand dryers market highly competitive. With the rising competition, manufacturers are focusing on innovative products to meet the changing demands of their customers. With multiple product launches, the competition in the market is expected to further intensify during the forecast period. At present, the market is growing at a fast rate and is expected to become one of the top competitive markets at a global level.
“Prevailing competition, technological advancements, and variations in the existing technology create risk factors for the vendors operating in the market. To sustain in this competitive environment, it is crucial for vendors to differentiate their product and service offerings through unique value propositions. The development of new and improved products is expected to help the market grow during the forecast period,” says Poonam Saini, a lead analyst at Technavio for research on home, kitchen and large appliances.
Top five vendors in the electric hand dryers market space
American Dryer
American Dryer focuses on manufacturing hand dryers. Its hand dryers are used across several sectors such as hospitality, sports venues, education, healthcare, residential, retail, and other commercial and industrial spaces. They manufacture hand dryers under the eXtremeAir, Advantage AD, and Global GX brand names. The company’s products come in white ABS, steel white epoxy, steel black graphite, steel satin chrome, and stainless steel colors.
Key products: Hot air hand dryers and jet air dryers
Dyson
Dyson designs, manufactures, and markets fans, heaters, vacuum cleaners, hand dryers, and other personal care electrical appliances. It operates globally with its strong distribution network and has an effective customer service support system. Within the hand dryers segment, the company offers products under the Airblade brand and has introduced several products under this brand name.
Key products: Jet air dryers
Excel Dryer
Excel Dryer designs, produces and markets hair dryers and hand dryers. The company promotes green initiatives through its technologically advanced products. It offers cost-effective hair and hand dryers to various health clubs, stadiums, movie theaters, office buildings, factories, restaurants, and hotels in the US. The company operates through three product segments such as XLERATOR series, CAST Cover series, and Lexan series.
Key products: Hot air hand dryers and jet air dryers
Mitsubishi Electric
Mitsubishi Electric manufactures and markets electrical and electronic products and systems worldwide. Its products are used in electronic devices, energy and electric systems, information and communication systems, industrial automation, and home appliances. This segment manufactures and markets building management systems, elevators, escalators, dryers, surveillance-system controls and security system turbine generators (including hydraulic systems), nuclear power plant equipment, motors, and many more.
Key products: Jet air dryers
World Dryer
World Dryer has been one of the leading manufacturers of hand dryers in the market for over 60 years. The company focuses on the production and commercialization of hand dryers. It offers a wide range of products to suit consumer needs. The company’s hand dryers offer efficient and fast drying, and are ADA-compliant and vandal-resistant. The company’s products are used in fast food restaurants, train stations, households, bus stations, schools, office buildings, health clubs, and many other places.
Key products: Hot air hand dryers and jet air dryers
Other prominent vendors in this market include Askon Engineers, Bio JetDrier, HOKWANG INDUSTRIES, Taishan Jieda Electrical Industrial, Panasonic, and Palmer Fixture.
A more detailed analysis is available in the Technavio report, ‘Global Electric Hand Dryers Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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Browse related reports:
- Global Electric Dryers Market 2016-2020
- Global Industrial Dryers Market 2016-2020
- Global Gas Dryer Market 2016-2020
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