Industry Background:
Dehumidifier and a re-generator are two major units in the liquid desiccant dehumidification system. In dehumidifier, strong liquid desiccant absorbs moisture so as to dehumidify the hot and humid process air due to the difference in the water vapour pressure between the air and the desiccant surface. Moreover, it is the technology which has been in use long time ago for both industrial as well as agricultural purposes including humidity control in textile mill and post-harvest crop drying in stores.
According to AMA Research, the market for Liquid Desiccant Dehumidifiers is expected to register a CAGR of 5.3% during the forecast period to 2030. This growth is primarily driven by Increasing Awareness Among the Consumers Towards the Health
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Machinery & Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Philips (United States), GE (United States), Haier Group (China), Kathabar (United States), Dehumidifier Corporation of America (United States), Aprilaire (United States), Thermo-Stor LLC (United States), De’Longhi Appliances S.r.I (Italy), Whirlpool Corporation (United States) and Dryco (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On March 2019, Philips has acquired Carestream Health - HCIS business which provides imaging IT solutions to multi-site hospitals.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Regulatory Insights:
According to US department of agriculture, Steel is considered an adequate construction material for all parts of the dehumidifier except for the desiccant air.
Influencing Trend:
Development of Advanced Dehumidifiers that Automatically Calculate Humidity Level and Set the Functioning
Market Growth Drivers:
Increasing Awareness Among the Consumers Towards the Health and Technological Developments Based on Energy-Efficient Dehumidifiers
Challenges:
Presence of Major Players may Hamper the Market Growth
Restraints:
Stringent Legal and Regulatory Standards
Opportunities:
Increasing Demand of Portable Dehumidifiers is Boosting the Market and Rising Demand of Dehumidifiers Hotels, Restaurants, and Cold Storage to Minimise Food Wastage
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Liquid Desiccant Dehumidifiers Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Liquid Desiccant Dehumidifiers Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Liquid Desiccant Dehumidifiers players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Liquid Desiccant Dehumidifiers Study Sheds Light on
The Liquid Desiccant Dehumidifiers Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Liquid Desiccant Dehumidifiers industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Liquid Desiccant Dehumidifiers industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.