QYR Market Research Global Automatic Hand Dryer market research | Page 6

QYResearch
The European hand dryers market is anticipated to be a major regional
segment owing to the growing adoption of eco-friendly, hassle-free, and
cost effective devices. This region accounted for over 34.6% of the overall
revenue share in 2017 and is estimated to grow at a CAGR of more than
13.6% over the forecast period. The demand in Asia-Pacific is estimated to
show robust growth on account of the developing infrastructure in
countries including China, India, and Thailand coupled with the increasing
awareness of the benefits of using technologically advanced devices. This
region accounted for over 29% of the overall revenue share and is
estimated to grow at a CAGR of more than 17% over the forecast period.
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