Hand dryers market generated a revenue of $517 million in 2014 and is expected to reach $1.350 million by 2022 with a notable CAGR of 13.0%. Product launch showcasing new technology to produce goods according to customer demands is a prominent strategy adopted by the key players in the world hand dryer market. Moreover, new technological developments in the product adds to the product portfolio of the existing players to remain competitive in the market. Through these developments, companies try to reduce the noise level in their products and minimize the bacterial spread in the washrooms. Customers over the globe prefer quieter and highly efficient hand dryers which consume less time.
Browse Full Report with Toc : http://www.acutemarketreports.com/report/hand-dryer-market-report
Value chain of hand dryer features various raw material supplier, manufacturers and product assemblers, sales and distribution, and end user. Each of these players share a specific value at their point of operation, which in turn contributes to the competitive value of the product. Because of high degree of competition among the key market players, companies would reduce their prices thereby enhancing their worldwide market share. The value chain of hand dryers starts from supply of materials that are used for designing the Hand dryer, such as body material, control circuitry, wires, hand dryer heater, hand proximity sensor, and indicators & switches as shown in the figure below.
For Same Category Reports Visit Here: http://www.acutemarketreports.com/category/consumer-electronics-market
Raw material supplier
Raw materials include body material, control circuitry, wires, hand dryer heater, hand proximity sensor, and indicators & switches which are extensively used for manufacturing hand dryers. The suppliers of these components ensure a smooth supply in the manufacturing and production stages.
Hand dryer manufacturers
Hand dryers are manufactured by several leading players in the market such as Mitsubishi Electric Corporation, Palmer Fixture, Bio Jetdrier, and Hokwang Industries among others. These players offer a wide range of hand dryers for its usage by different end users.
Manufacturing and assembly
Hand dryer products are manufactured under high-quality production control standards that include a well layout design considering all the parameters affecting and afterwards a series of checks and tests based on company quality assurance systems and user monitoring programs. In addition, manufacturers develop product pertaining to users hygiene and need.
Sales and distribution
The channels for the sale of hand driers constitute of supermarkets, special utility stores and online shopping websites. Supermarket and hypermarket are the dominant distribution channels in North America and Asia-Pacific.
Our Blogs: –
For Technology News: http://www.mobilecomputingtoday.co.uk/
About – Acute Market Reports :
Acute Market Reports is the most sufficient collection of market intelligence services online. It is your only source that can fulfill all your market research requirements .We provide online reports from over 100 best publishers and upgrade our collection regularly to offer you direct online access to the world’s most comprehensive and recent database with expert perceptions on worldwide industries, products, establishments and trends.
Our team consists of highly motivated market research professionals and they are accountable for creating the groundbreaking technology that we utilize in our search engine operations to easily recognize the most current market research reports online.
Contact Us :
ACUTE MARKET REPORTS
Office No 101, 1st Floor ,
Aditi Mall, Baner,
Pune, MH, 411045
Toll Free(US/CANADA): +1-855-455-8662
India: +91 7755981103
Email : email@example.com
Website : http://www.acutemarketreports.com