Global Dehumidifier Market, By Product (Chemical Absorbent, Heat Pump, Ventilating Dehumidifier), Technology (Cold Condensation, Sorption, Warm Condensation, Others), Application (Commercial, Industrial, Residential), Type (Desiccant, Refrigerant, Thermoelectric, Others), Distribution Channel (Offline Retail Stores, Online Retail Stores), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Global Dehumidifier Market
The dehumidifier market is expected to be growing at a growth rate of 7.25% in the forecast period of 2022 to 2029 and is likely to reach the USD 5.38 billion by 2029.
A dehumidifier is an electrical appliance that is specifically designed to remove excess moisture from the air. Desiccant, refrigerant, and others are involved under the most common types of dehumidifiers.
The upsurge in the demand for dehumidifier in restaurants, hotels and cold storages with the purpose of reducing food wastages caused due to humid air is likely to drive the dehumidifier market. Furthermore, increase in the construction activities, rise in the level of disposable income of consumers and changing climate conditions will cushion the growth rate of dehumidifier market. In addition to this, other factors such as the increasing need of continuous cleaning and maintenance, rapidly growing industrialization and rise in the requirement for energy efficient products will accelerate the market growth rate.
Moreover, the rise in the demand form commercial and industrial sectors and enhanced standard of living will create lucrative market growth opportunities.
However, high costs of the product and difficulties rising during installation process will hamper the market growth rate. Also, the regular maintenance requirement and seasonality of the product will further challenge the dehumidifier market.
This dehumidifier market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on dehumidifier market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Dehumidifier Market Scope and Market Size
The dehumidifier market is segmented on the basis of product, technology, type, application and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
The product segment of the dehumidifier market is segmented into chemical absorbent, heat pump and ventilating dehumidifier.
- On the basis of technology, the dehumidifier market is segmented into cold condensation, sorption, warm condensation and other.
- Application segment of the dehumidifier market is segmented into commercial, residential and industrial.
- The type segment of the dehumidifier market is segmented into desiccant, refrigerant, thermoelectric and others.
- Based on distribution channel, the dehumidifier market is segmented into offline retail stores and online retail stores.
Dehumidifier Market Country Level Analysis
The dehumidifier market is analysed and market size insights and trends are provided by country, product, technology, type, application and distribution channel as referenced above.
The countries covered in the dehumidifier market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region is predicted to continue a dominant position among other regions worldwide. This is attributable to mandatory regulation by government for developed energy-efficient systems in this region. Asia-Pacific is expected to grow during the forecast period of 2022-2029 due to the rising demand for compact and maintenance free dehumidifiers in this region.
The country section of the dehumidifier market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Dehumidifier Market Share Analysis
The dehumidifier market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to dehumidifier market.
Some of the major players operating in the dehumidifier market are Airwatergreen AB, De’Longhi Appliances S.r.l., Frigidaire, General Filters, Inc., Resideo Technologies, Inc., GE Appliances, LG Electronics, SEIBU GIKEN DST, Munters, Therma-Stor, Kerone Engineering Solutions LTD., Drycool System, Sunpentown Inc., Whirlpool, ADVANCE INTERNATIONAL, Origin Corporate Services Pvt. Ltd., Honeywell International Inc., AB Electrolux, among others.
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