About Dehumidifiers
Dehumidifiers are a device that eliminates the problem of humidity and protects home damaging mold, musty conditions, poor air quality and structural damage. It reduces and maintains the humidity level in the air. It has numerous applications for household, commercial or industrial purposes. The balanced level of humidity is an important factor for family health and comforts as well as the house itself. Dehumidifiers are a practical and easy solution for reducing humidity levels.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Global Dehumidifier is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Dehumidifiers market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DeLonghi Appliances S.r.l (Italy), AB Electrolux (Sweden), General Filters, Inc. (United States), Haier Inc. (China), Heat Controller, Inc. (United States), Honeywell International Inc. (United States), Whirlpool Corporation (United States), Therma-Stor LLC (United States), LG Electronics Inc. (South Korea) and Sunpentown International Inc. (United are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dehumidifiers market by Type (Refrigerant Type Dehumidifier and Chemical Absorbent Dehumidifier), Application (Commercial, Industrial and Residential) and Region.
On the basis of geography, the market of Dehumidifiers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Sorption will boost the Dehumidifiers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for Industrial Applications of Dehumidifiers
Market Growth Drivers:
High Demand Because Of Depleting Quality of the Air, Rise in the Demand for Dehumidifiers in Restaurants, Hotels and Cold Storages, Increased Disposable Income of the People and Increasing Awareness about Benefits of the Dehumidifiers among People
Challenges:
Difficult Installation Process of the Equipment
Restraints:
High Cost the Dehumidifiers
Opportunities:
Growing Demand from End-User Industry and Increasing Applications of the Dehumidifiers
Market Leaders and their expansionary development strategies
In September 2023, Emerson Electric, a global technology and engineering company, acquires Climate Solutions International (CSI), a leading provider of dehumidification and air purification solutions. This acquisition expands Emerson's portfolio of HVAC solutions and strengthens its presence in the growing indoor air quality market.
In April 2023, Midea has launched a new dehumidifier with a self-cleaning function. The new dehumidifier automatically cleans its internal components to prevent the growth of mold and mildew.
Key Target Audience
Dehumidifiers Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.