About Air Dehumidifier
The air dehumidifier market has registered significant growth in recent years on the back of stringent energy-efficient regulations, especially in the residential sector. Moreover, it is also being adopted in commercial and industrial sectors to regulate the humidity level as per the requirement. Dehumidifiers minimize humidity in the air by reducing the water content present in the air. In the residential sector, the device is used for comfort purposes and health reasons. The application of dehumidifiers helps eliminate water content from closed areas such as basements and attics. Thus, it helps in the prevention of dampness, musty odor, and molds in small spaces.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The Air dehumidifier market is consolidated in nature with the presence of a few manufacturing companies in the market. To mark their presence and strengthen their foothold in the global dehumidifier market, these companies are consistently developing new products. These players are investing immensely in research and development activities for the development of an energy-efficient and economical product range. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Air Dehumidifier 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.
Bry-Air Inc. (United States), Honeywell International, Inc. (United States), LG Electronics Inc. (South Korea), Whirlpool Corporation (United States), Frigidaire (United States), Mitsubishi Electric Corporation (Japan), Carrier Corporation (United States), Therma-Stor LLC (United States) and Haier Group (China) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Seibu Giken DST AB (Sweden), General Filters Inc. (United States) and Munters (India).
Segmentation Overview
AMA Research has segmented the market of Global Air Dehumidifier market by Type (Heat Pumps, Ventilating and Chemical Absorbent), Application (Residential, Commercial and Industrial) and Region.
On the basis of geography, the market of Air Dehumidifier 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). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Technology, the sub-segment i.e. Cold Condensation will boost the Air Dehumidifier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online Sales Channel will boost the Air Dehumidifier market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
It is also being adopted in cold storage industries and food and beverage industries and The introduction of cloud-based technology that allows users to control dehumidifiers through smartphones, tablets, and computers
Market Growth Drivers:
High demand due to changing climatic conditions and The increasing constriction activities and rising deposable
Restraints:
Technological complexities regarding the equipment
Opportunities:
Increasing awareness among consumers toward health, along with extensive research and development activities and Rising demand for portable dehumidifiers in residential and commercial applications
Market Leaders and their expansionary development strategies
In May 2018, Munters introduced Climatix technology for air treatment. It is a cloud-based technology with an integrated gateway device. It enables the GMS-based connection of dehumidifiers with Climatix control. The application of the system facilitates humidity control remotely. Also, it provides the provision of analyzing previous data of the equipment.
In July 2023, SHARP Business Systems (India) Pvt. Ltd, a wholly owned subsidiary of SHARP Corporation Japan, announced the highly anticipated launch of a new 'CookWonder' series of Microwaves and a state-of-the-art Dehumidifier with air purifier. Sharp's latest range of Microwaves in India showcases a diverse selection of Convection, Grill, and Solo Microwaves. These exciting new additions underlines Sharp's ambitious growth strategy to expand its existing portfolio and make its mark into a completely new category of home appliances.
Key Target Audience
Manufacturer, Suppliers, Distributors, Government Regulatory Bodies, Government Research Organization, Private Research Organization and Others
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.