Global Dehumidifier Market, Competition, Forecast & Opportunities, 2024 - ResearchAndMarkets.com
The "Global Dehumidifier Market By Type (Desiccant, Refrigerant, Thermoelectric & Others), By End User (Industrial, Residential & Commercial), By Region (APAC, North America, MEA, South America & Others), Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.
The global dehumidifier market is projected to reach $ 3.7 billion by 2024 from $ 2.5 billion in 2018, growing at a CAGR of 6.6%
Owing to rising health concerns, consumers across the globe are spending heavily on lifestyle products, including dehumidifiers. Rising concerns about the harmful effects of air pollution, especially for people prone to allergies from airborne particles and with respiratory diseases, is increasing the awareness about the benefits of dehumidifiers, thereby driving growth in the market.
Global Dehumidifier Market Segmentation
The global dehumidifier market has been categorized into type, end-user and regional distribution. On the basis of type, the market is segmented into desiccant, refrigerant, and thermoelectric dehumidifiers. Of these categories, dessicant dehumidifiers are ideal for industrial use. The technology is cost-effective and efficient as they can reduce the humidity level of its surroundings to levels below 35%.
Moreover, due to lack of compressor parts, they are lighter and quieter, unlike compressor dehumidifiers which tend to be heavier. On the other hand, refrigerant dehumidifiers, which account for the second largest share, are cheap to produce, easy to operate and effective in most domestic and commercial applications. The primary benefit of a refrigerant dehumidifier is that it performs exceptionally well when used in warm and humid climatic conditions.
Based on end-use industry, the market is categorized into industrial, residential and commercial. Industrial sector dominated the global dehumidifier market as dehumidifiers are used to keep industrial raw materials, such as iron bars, concrete slabs, etc., free from moisture content. Increasing demand for dehumidifiers from food packaging & service industry is anticipated to majorly contribute to the growth of this segment during forecast period.
Global Dehumidifier Market Regional Segmentation
Asia-Pacific dominates the global dehumidifiers market, owing to the fact that countries like Japan, Korea, China and India cumulatively account for a large number of industrial as well as manufacturing industries. As a result, the demand for dehumidifiers for industrial and commercial purposes in these countries is rising at a fast pace.
In addition to this, surging number of air borne diseases and allergies in Asia-Pacific due to high humidity in countries like Indonesia, Hong Kong, etc., and rise in pollutants like pollen, dust and microbes are some of the other factors which are driving the market of dehumidifiers in Asia-Pacific region.
Competitive Landscape
Some of the leading companies in the global dehumidifiers market are Honeywell International, Munters AB, LG Electronics Inc, Gree Electrical, GE, Seibu-Giken, Amfah India, Frigidaire, Origin Dehumidifiers, etc.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Analyst View
4. Global Dehumidifier Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value & Volume
4.2. Market Share & Forecast
4.2.1. By Type (Desiccant, Refrigerant, Thermoelectric & Others)
4.2.2. By Region
4.2.3. By Company
4.2.4. By End User (Commercial, Industrial & Residential)
4.3. Market Attractiveness Index
5. Global Desiccant Dehumidifier Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By End User (Commercial, Industrial & Residential)
6. Global Refrigerant Dehumidifier Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By End User (Commercial, Industrial & Residential)
7. Global Thermoelectric Dehumidifier Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By End User (Commercial, Industrial & Residential)
8. Global Other Dehumidifier Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
9. Asia-Pacific Dehumidifier Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Type (Desiccant, Refrigerant, Thermoelectric & Others)
9.2.2. By End User (Commercial, Industrial & Residential)
9.2.3. By Country
9.2.3.1. China Dehumidifier Market Outlook
9.2.3.2. Japan Dehumidifier Market Outlook
9.2.3.3. South Korea Dehumidifier Market Outlook
9.2.3.4. India Dehumidifier Market Outlook
9.2.3.5. Indonesia Dehumidifier Market Outlook
10. North America Dehumidifier Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Type (Desiccant, Refrigerant, Thermoelectric & Others)
10.2.2. By End-User
10.2.3. By Country
10.2.3.1. USA Dehumidifier Market Outlook
10.2.3.2. Canada Dehumidifier Market Outlook
10.2.3.3. Mexico Dehumidifier Market Outlook
11. Middle East & Africa Dehumidifier Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Type (Desiccant, Refrigerant, Thermoelectric & Others)
11.2.2. By End- User
11.2.3. By Country
11.2.3.1. Saudi Arabia Dehumidifier Market Outlook
11.2.3.2. UAE Dehumidifier Market Outlook
11.2.3.3. South Africa Dehumidifier Market Outlook
11.2.3.4. Qatar Dehumidifier Market Outlook
12. South America Dehumidifier Market Outlook
12.1. Market Size & Forecast
12.1.1. By Value & Volume
12.2. Market Share & Forecast
12.2.1. By Type (Desiccant, Refrigerant, Thermoelectric & Others)
12.2.2. By End-User
12.2.3. By Country
12.2.3.1. Brazil Dehumidifier Market Outlook
12.2.3.2. Argentina Dehumidifier Market Outlook
12.2.3.3. Colombia Dehumidifier Market Outlook
13. Europe Dehumidifier Market Outlook
13.1. Market Size & Forecast
13.1.1. By Value & Volume
13.2. Market Share & Forecast
13.2.1. By Type (Desiccant, Refrigerant, Thermoelectric & Others)
13.2.2. By End-User
13.2.3. By Country
13.2.3.1. Germany Dehumidifier Market Outlook
13.2.3.2. UK Dehumidifier Market Outlook
13.2.3.3. France Dehumidifier Market Outlook
13.2.3.4. Italy Dehumidifier Market Outlook
13.2.3.5. Spain Dehumidifier Market Outlook
14. Market Dynamics
14.1. Drivers
14.2. Challenges
15. Market Trends & Developments
15.1. Increasing Respiratory Diseases
15.2. Product Innovation
15.3. Rising Consumer Spending on Lifestyle Products
15.4. Growing Demand from Commercial and Industrial Sectors
15.5. Surging use of Desiccant Dehumidifiers
15.6. Increasing Demand due to Loss from Spoilage and Corrosion
15.7. Rules & Regulations imposed by Governing Authorities
15.8. Growing Air Pollution Concerns
16. Competitive Landscape
16.1. Competitive Benchmarking
16.2. Company Profiles
16.2.1. Gree Electrical Appliances
16.2.2. LG Electronics Inc.
16.2.3. Honeywell International, Inc.
16.2.4. Munters AB
16.2.5. Seibu Giken Co. Ltd.
16.2.6. Bry-Air Inc.
16.2.7. Whirlpool Corporation
16.2.8. Frigidaire
16.2.9. De' Longhi Appliances Srl
16.2.10. Carrier Corporation
17. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/dgj0gv
View source version on businesswire.com: https://www.businesswire.com/news/home/20190911005368/en/
