18th November 2019 – The global dehumidifier
market is set to witness a positive CAGR during the forecast period.
Dehumidifiers help in maintaining humidity levels in a complex system for
industrial, residential, and commercial sectors. Dehumidifiers check the
humidity level in air by extraction process and the size of dehumidifiers may
vary from residential to large industries.
Dehumidifier market is driven by factors
such as increase in technological developments and construction activities
worldwide. Rise in popularity of dehumidifiers across restaurants and rise in
awareness about benefits of indoor air quality in the commercial sector is
expected to drive the market growth in the forecast period.
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Application segment for dehumidifier
industry includes commercial industrial and residential. Industrial and
commercial segment accounts for a larger market share owing to proliferated use
and rising importance. Product segment for dehumidifier market includes
chemical absorbents, ventilating and heat pumps. “Ventilating and heat pumps”
segment accounts for a significant market share due to rise in use and highly
used for commercial purpose.
Geographical segmentation for
dehumidifier industry includes North America, Latin America, Europe,
Asia-Pacific, Middle East and Africa. North America and Europe dehumidifier
market is set to witness a growing CAGR in the forecast period due to rise in
construction activities and increasing usage.
Asia-Pacific’s market is anticipated to
witness a staggering growth during the forecast period due to rise in food
ventures and restaurants and increasing need for dehumidifiers for food
preservation. Increase in health awareness and stringent norms laid by
government is likely to propel the market growth in the forecast period. The
key players in the dehumidifier industry include Heat Controller Inc, De’Longhi
Appliances, Honeywell International Inc, Haier Group, General Filters and
S.r.I. Electrolux.
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