“The US Department of Energy (DoE) has adopted a rule requiring improved minimum efficiency levels for dehumidifiers. The DoE has determined that technological feasibility allows for an economically justifiable improvement that will result in significant energy and operating cost savings. The effective date of this rule is August 12, 2016. Compliance with the amended standards established for dehumidifiers in this final rule is required on and after June 13, 2019. Portable and whole-home dehumidifiers will be required to meet enhanced requirements for liters of water per kilowatt-hour of energy used, beginning in June 2019. The amended requirements will decrease energy use and cost for consumers, while causing minimal cost impact for manufacturers.”
According the report, Emphasizing on Development of Energy-Efficient Portable Dehumidifiers
is one of the primary growth factors for the market. Incorporation of Cloud-Based Technology in Portable Dehumidifiers
is also expected to contribute significantly to the Portable Dehumidifier market. Overall, Residential
applications of Portable Dehumidifier, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Portable Dehumidifier market identified that the demand is rising in many different parts of the world as "Growing Demand from the Residential Sector
" Furthermore, some recent industry insights like "5th June 2019, Honeywell reveals a new line of Ho dehumidifiers with a spectrum of safety features for a user-friendly interface. and 19th April 2019, Hysure develops portable dehumidifier with 600-milliliter tank. It effectively eliminates extra moistness and helps prevent mildew and mold." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Portable Dehumidifier market by Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Portable Dehumidifier market and other related sub-markets covered in the study.
o Key & emerging players in the Portable Dehumidifier market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Portable Dehumidifier market size is calculated using market estimation process, the Portable Dehumidifier market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Portable Dehumidifier market size has been validated using both top-down and bottom-up approaches.