Jet Hand Dryer Market Size by Material, Type, Motor Type, Drying Method, Mode of Operation, End User, Distribution Channel, Region – Revenue Pool Analysis, Margin Structure Assessment, Capital Flow Trends, Competitive Benchmarking & Forecast to 2030
Overview
Jet Hand Dryer Market size was valued at USD 488.84 Bn in 2023 and is expected to reach USD 952.61 Bn by 2030, at a CAGR of 10% over the forecast period (2024-2030).
Jet Hand Dryer Market Overview
Jet hand dryer is an electric device with a heating element and an air blower used to dry the hands after washing. It is cost effective alternative to paper towels commonly used in public. Jet hand Dryer are highly effective as it dries the hand in less than 10 sec, which is suitable for high traffic areas such as washrooms. Jet dryer comes with a polycarbonate ABS casting and is resistant to low and high temperatures suitable for drying hands. More than 90% of operational costs are saved by the dryer, which is expected to boost the Jet Hand Dryer Market growth. Jet hand dryer uses 80% less energy than comparable models resulting in cost savings.
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Jet Hand Dryer Market Dynamics
Demand for hygienic solutions with advanced technologies for the end-use industry to boost the Jet Hand Dryer Market growth
Jet Hand Dryer companies are launching hygiene solutions for eco-friendly techniques. Demand for Jet hand dryers from end-use industries such as hospitals, airports, shopping malls, and many more is expected to boost the Jet Hand Dryer market growth. Jet hand dryers have made advancement in technology, which is more efficient and powerful. Jet Hand Dryer manufacturers are using more efficient motor designs, brushless motors, and high-efficiency fans to make dryers more efficient and to reduce energy consumption. All these factors resulted in cost saving and is expected to increase the Jet Hand Dryer Market share.
Development of various sensors and technologies that allows motion control and customization
significantly contribute for the market growth. Jet Hand Dryer comes with motion control sensors that detect the hands near the dryer and automatically turn on. Jet hand dryers are available with adjustable speed settings and variable heat settings, which provide tailored experience to the user and also fulfill their needs. Demand for Jet hand dryers has increased substantially, which has resulted in an increase in production. Jet hand dryer uses 2000W and auto stop to prevent unnecessary use of power, which helps to increase the sale of dryers.
Jet hand dryer key players in the industry are focusing to make eco-friendly and energy-efficient dryers, which is expected to boost the Jet Hand Dryer industry development. Rise in environmental awareness with energy efficiency benefits of jet hand dryers that leaves smaller carbon footprint than traditional hand dryer is expected to boost the Jet Hand Dryer industry growth. Increased in demand for automatic jet hand dryer with features such as infrared sensors, high speed motor, low noise level, and energy efficient operations with ideal option for drying hand in public areas is contributing for the Jet Hand Dryer industry market.
High installation cost of Jet Hand Dryers to restrain the Jet Hand Dryer Market Growth
High installation cost with high noise pollution at the times of installation as compared to other dryers is expected to restrain the Jet Hand Dryer market growth. The artificial hand dryers present a problem, the air circulation goes fast as 400mpH and promote contamination. Jet hand dryer produce more noise of 70 dBa and higher making operation louder in the washrooms. Additional clean-up is necessary as there is possibility of spreading water around. Jet hand dryer does not have water collection system or tray, which is the factor expected to restrain the Jet hand dryer market growth.
Benefits of Jet Hand Dryer
1. Fast Drying
2. Energy Saving
3. Durable, built to Last
4. Vandal Resistant
5. Precise Drying
6. Low energy consumption (80% less than other hand dryers)
Jet Hand Dryer Market Regional Insight
Europe region dominated the Jet Hand Dryer market in 2023 and is expected to continue the dominance over the forecast period. Due to high Jet Hand Dryer market penetration in the European countries such as UK, France, Germany, Italy, and Spain the regional market is expected to boost over the forecast period. Adoption of Jet Hand Dryer in public places such as hotels, restaurants, airport is expected to contribute for the regional Jet Hand Dryer industry growth.
Increasing hygiene awareness, increasing demand for eco-friendly products and government initiatives to reduce paper waste is significantly contributing for the regional market growth. Eco-friendly hand dryers are mostly used as it uses less energy and produces less waste. Reduced possibility of cross-contamination and spread of pathogens helps to maintain cleanliness and hygiene. Jet hand dryer European market is growing because innovative and effective product to meet the need of commercial customers with low energy consumption and noise level.
Jet Hand Dryer Market Segment Analysis
Based on Material, the market is segmented into Plastic (ABS), Painted Steel, and Stainless Steel. Plastic (ABS) segment dominated the Jet hand dryer market in 2023 and is expected to continue the dominance over the forecast period. ABS jet hand dryer is made of ABS material and uses high speed jets of air to dry hand quickly. Lightweight ABS plastic material that is resistant to impact, is ideal for use in high traffic areas. The Jet hand dryers made of ABS is crucial and dependable element to maintain proper cleanliness. 90% of operational costs are saved by ABS jet hand dryer.
Based on Types, the market is segmented by Industrial Jet Hand Dryers and Compact Jet Hand Dryers. Industrial Jet hand dryer segment dominated the market in 2023 and is expected to continue the dominance over the forecast period. Industrial Jet Hand Dryers are very effective in high traffic areas and reduces the risk of transmission of virus and bacteria. These hand dryers are used in public washrooms, industries, and many more, which is expected to boost the Jet Hand Dryer Market growth. Compact hand dryers are moderate for traffic areas. These hand dryers are having stainless steel body and is used for long term, which is significantly contributing for the growth of the market.
Jet Hand Dryer Market Competitive Landscape
There is a rapid technological advancement and requirement of hygiene, government agencies in many countries have taken several initiatives to install jet hand dryer in commercial area to ensure consumer safety. Strengthen infrastructure and strategic collaboration between key players and Jet Hand Dryer Manufactures are taken into consideration for the market growth. Launch of effective products variants with cost effective price is expected to create positive impact on the growth of the Jet Hand Dryer market.
Jet Hand Dryer manufacturers are providing technological solutions to increase product efficiency, reduce energy consumption and to reduce maintenance costs. Major Jet Hand Dryer industry players are investing in Research & Development activities to develop innovative product to gain competitive edge. Major players in the market are AVRO, Orchids International, Tekflo, Intelligent Facility Solutions, and Miscea GmbH.
In April 2022, Euronics launched the new NERO series of premium bathroom accessories, which includes Jet Hand Dryers. The hand dryer is suitable for hotels, offices, malls, and many more as they save 80% energy than traditional hand dryer. It also reduces the carbon footprint of paper dispensers by 70%.
Jet Hand Dryer Market Scope: Inquire before buying
| Jet Hand Dryer Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | USD 488.84 Bn |
| Forecast Period 2024 to 2030 CAGR: | 10% | Market Size in 2030: | USD 952.61 Bn |
| Segments Covered: | by Material | Plastic(ABS) Painted Steel Stainless Steel |
|
| by Type | Industrial Jet Hand Dryers Compact Jet Hand Dryers |
||
| by Motor Type | Brushed DC Motors Brushless DC Motors Universal AC Motors Brushless Blowers |
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| by Drying Method | Hand-in Hand under |
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| by Mode of Operation | Automatic Infrared Sensing Blade High Velocity |
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| by End User | Airports Hotels & Restaurants Hospitals Offices Shopping malls Others |
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| by Distribution Channel | Online Company Owned websites E-commerce Portal Offline Direct Indirect |
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Jet Hand Dryer Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Jet Hand Dryer Market, Key Players are
1. Askon hygiene products pvt ltd.
2. Purec Hygiyne
3. Euronics Industries Pvt Ltd
4. Sahithi Solutions
5. Novatech Automatic Systems
6. Mitsubishi Electric India Pvt. Ltd.
7. AVRO
8. Orchids International
9. Tekflo
10. Intelligent Facility Solutions
11. miscea GmbH
12.Fliar BI
13. Hand Dryers Chennai
14. JETDRYER
15. Velo Hand Dryers
16. Dolphy Australia
17. Techniflow
Frequently Asked Questions:
1] What is the growth rate of the Global Market?
Ans. The Global Market is growing at a significant rate of 10% over the forecast period.
2] Which region is expected to dominate the Global Market?
Ans. Europe region is expected to dominate the Market over the forecast period.
3] What is the expected Global Market size by 2030?
Ans. The market size of the Market is expected to reach USD 952.61 Bn by 2030.
4] Who are the top players in the Global market Industry?
Ans. The major key players in the Global Market are Hand Dryers Chennai, JETDRYER, Velo Hand Dryers, Dolphy Australia, and Techniflow.
5] Which factors are expected to drive the Global Market growth by 2030?
Ans. Demand for hygienic solutions with advanced technologies is expected to drive the Market growth over the forecast period (2024-2030).