Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the global Dehumidifiers Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.5% during the review period (2022 to 2027).
Dehumidifiers Market Overview
Dehumidifiers help in maintaining the humidity levels in ambient air at desired levels, particularly for comfort and health reasons. Human health is particularly at risk as continued industrialization and the subsequent climate change have triggered humidity levels to extremes in several regions across the globe. Players are focusing on building energy-efficient dehumidifier. Smart dehumidifiers that work with technology and calculates humidity levels for the air and also work automatically are gaining traction in the market. Cloud-based technology that allows the connection of dehumidifier to smartphones, tablets, and laptops is anticipated to accelerate the growth in the market. there is a growing demand of portable dehumidifiers from the residential and commercial spaces which will further escalate the demand in the market.
Who are the Major Players in Dehumidifiers Market?
The Dehumidifiers Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Gree, Frigidaire, Panasonic, Mitsubishi Electric, Songjing, Haier, Media, TCL, Honeywell, Deye, LG, Danby, Sharp, Philips, Eurgeen, Aprilaire, Sen Electric, GE Appliance, Hitachi, Ebac, Delong, Parkoo, Friedrich, Kenmore, SoleusAir, Sunpen Town, Chkawai, Whynter
Industry News:
2017.01.23 --LG Innotek Launches Thermoelectric Module for Home appliance and Automotive LG Innotek announced it has successfully carried out mass production of a ’thermoelectric module’, a cutting-edge component that provides both cooling and heating functions with just this one component. Since it is small and light, it can improve the design and convenience of products such as home appliances and automobiles that need both cooling and heating functions.
What are the major Applications, Types and Regions for Dehumidifiers Market?
By Types it is segmented into
- Residential Dehumidifiers
- Industrial Dehumidifiers
By Applications it is segmented into
- Home
- Commercial
- Industrial
Dehumidifiers Market Regional Analysis
North America region is expected to lead the market in the forecast period. Cumulative the construction industry along with hotels and eateries are expected to help the growing market. The United States is controlling the regional market due to rising alertness among the people and customer feeling near a healthy setting. Europe region dehumidifier market is attributed to growth in the market owing to extensive use in hotels, restaurants and food and beverage, and cold storage industries. Though, the Asia-Pacific market is expected to grow at the fastest rate due to more automation and severe administration laws to reduce global heating in the setting.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Dehumidifiers Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Dehumidifiers Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Dehumidifiers Market Report Scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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CAGR of 7.5% during the review period (2022 to 2027).
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By Type
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- Residential Dehumidifiers
- Industrial Dehumidifiers
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By Application
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- Home
- Commercial
- Industrial
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By Companies
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Gree, Frigidaire, Panasonic, Mitsubishi Electric, Songjing, Haier, Media, TCL, Honeywell, Deye, LG, Danby, Sharp,
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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167
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Dehumidifiers Report
- Evaluate Dehumidifiers market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Dehumidifiers market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Question -
How big is the dehumidifier market?
The global dehumidifier market size was valued at USD 3.5 billion in 2020 and is expected to reach USD 3.7 billion in 2021.
What is the dehumidifier market growth?
The global dehumidifier market is expected to compound annual growth rate of 7.0% from 2020 to 2027.
Which segment accounted for the largest dehumidifier market share?
North America subject the dehumidifier market with a share of more than 30% in 2020. This is attributable to the request for progressive energy-efficient systems that have been instructed by administration regulations in the region.
Who are the key players in the dehumidifier market?
Some key players operating in the dehumidifier market include Airwatergreen; De’Longhi Appliances S.r.I; General Filters, Inc.; Honeywell International, Inc.; Munters; and Seibu Giken DST AB.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.