In 2018, the global Air Blade Dryer market generated US$ 1,081.2 million in revenue. In 2022, the market grew by 7% year on year, with revenue expected to reach US$ 1,537.5 million in 2023. The global market is expected to increase at a compound annual growth rate (CAGR) of 8.5% between 2023 and 2033, reaching US$ 3,476.2 million by the end of 2033.
Future Market Insights, an esteemed ESOMAR Certified Market Research and Consulting Firm presents the Air Blade Dryer Market report, a comprehensive source of insights and analysis on the Air Blade Dryer Market. Illuminating the scope and essence of the research, this report investigates the driving forces, market scope, and predictive data for Air Blade Dryer. Intricate revenue and shipment breakdowns are provided, featuring forecasts that extend a decade to 2033. Moreover, the publication assesses key industry players, their market shares, the competitive landscape, and regional perspectives.
Insights into Progress: U.S. Air Blade Dryer Market Evolution
In 2018, the U.S. Air Blade Dryer market attained a significant milestone, reaching a value of US$ 146.3 million, as outlined by Future Market Insights. A global surge in demand for Air Blade Dryers displayed an impressive 8.5% year-on-year increase in 2022, setting the stage for a remarkable growth trajectory in the U.S. market, projected to elevate to US$ 238.3 million in 2023. Forecasts spanning from 2023 to 2033 herald a compelling 10.3% compound annual growth rate (CAGR) for U.S. Air Blade Dryer sales, painting a vivid picture of a burgeoning market anticipated to culminate at a noteworthy US$ 632.7 million by the conclusion of 2033.
This surge in the Air Blade Dryer sector can be attributed to a confluence of factors. Elevated consciousness surrounding hygiene, a resolute commitment to sustainability, and the growing appetite for efficient and user-friendly hand-drying solutions within commercial settings stand as the driving forces behind this remarkable ascent.
The captivating ascent of the China Air Blade Dryer market has garnered global attention. Starting at US$ 121.1 million in 2018, the market’s growth has been profound, experiencing an 8.5% YoY surge in 2022 alone, marking a swift progression to an anticipated value of $207.5 million in 2023. Forward-looking estimations paint a compelling trajectory, forecasting an impressive 10.3% CAGR for China’s Air Blade Dryer sales between 2023 and 2033. As the calendar flips to 2033, the market’s zenith is projected at an awe-inspiring US$535.3 million.
Numerous factors have converged to orchestrate this trajectory of success. The interplay of rapid urbanization and modern infrastructure, a growing emphasis on hygiene and sanitation, elevated consciousness of environmental sustainability, government-led initiatives propelling energy efficiency, and an escalating demand for sensor technology and streamlined solutions across commercial and public domains have coalesced into this remarkable narrative of growth.
Key Players in the Air Blade Dryer Industry
- Dyson Ltd.
- Mitsubishi Electric Corporation
- Excel Dryer, Inc.
- World Dryer Corporation
- American Dryer, Inc.
- Panasonic Corporation
- TOTO Ltd.
- Palmer Fixture Company
- Saniflow Corporation
- Hokwang Industries Co., Ltd.
- Bobrick Washroom Equipment, Inc.
- JVD Group
- Alpine Industries
- Veltia UK
- Mediclinics S.A.
- Stiebel Eltron GmbH & Co. KG
- Warner Howard
- SPL Hand Dryers
- Gedy S.p.A.
- Fast Dry Corporation
Segmentation Analysis of the Air Blade Dryer Market
By Power Source:
- Electric Air Blade Dryers,
- Battery-operated Air Blade Dryers
By End User:
- Commercial Buildings,
- Industrial Facilities,
- Educational Institutions,
- Healthcare Facilities,
- Public Facilities
By Features:
- Noise Reduction Technology,
- HEPA Filters
- Touchless Operation
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- The Middle East & Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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