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Dehumidifier Global Market is Anticipated to Witness a 6.41% GAGR Expansion Between 2019 and 2026

According to the report, the Dehumidifier market is predicted to achieve USD 4,860 million by 2026. This report examines the status quo and projections of the global Dehumidifier market and analyzes the Dehumidifier market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).

Market Summary

Overview:

The Dehumidifier is an equipment used to remove access moisture and retain the desired level of humidity at a given place (space) Dehumidifiers can be broadly classified into heat pumps, refrigerant dehumidifiers (ventilating dehumidifier) and chemical absorbent dehumidifier (desiccant dehumidifier) based on the technology used. These dehumidifiers are used across industrial, commercial, and residential applications.

The Dehumidifier market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include Frigidaire, Haier, Honeywell, LG Electronics, General Filters, Condair Group, AmcorUK, Whirlpool Corporation, Therma-Stor LLC, DeLonghi Appliances, Mitsubishi Electric, STULZ Air Technology Systems, Munters, etc.

The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.

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Value:

It is estimated that the total market value of the Dehumidifier global market is poised to reach USD 4,860 million in 2026 from USD 3,146 million in 2019, with a CAGR of 6.41%.

Facilitating and Limiting Factors:

The Dehumidifier market is expected to register substantial growth in the coming years, owing to rising demand for dehumidifiers in hotels, restaurants, and cold storages to minimize food wastage caused on account of humid air. In addition, increasing awareness among consumers toward health and the development of advanced dehumidifiers that automatically calculate humidity level and set the functioning accordingly are also positively influencing the market growth. The key factor which is expected to impede the growth of the Dehumidifier market is the high product cost. Increasing construction activity, changing climatic conditions, increasing consumer disposable income levels, increasing industrial development, and growing urbanization are also some factors boosting the growth of the Dehumidifier market.

The global Dehumidifier market is broadly divided based on type, application, and region:

By type – Heat Pumps, Ventilating Dehumidifiers (Refrigerant Dehumidifiers), Chemical Absorbent Dehumidifiers (Desiccant Dehumidifiers)

The Heat Pumps segment is expected to show remarkable growth in the coming years, owing to the advantages offered by these machines, such as low energy consumption, high performance, and environmental protection.

By application – Industrial, Commercial, Residential

The Industrial segment accounted for the major market share in 2018 and is anticipated to show the same trend during the forecast period. This can be attributed to growing industrialization, stringent government norms focusing on global warming

By region – North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others

In 2018, the Dehumidifier global market was mainly concentrated in the three regions of North America, Asia-Pacific, and Europe, with the market share of 31.59%, 30.69%, and 27.43% respectively, accounting for a total of 89.71%. The United States is expected to witness significant growth in the forecast period, owing to rising consumer inclination toward maintaining a healthy environment at home. Asia-Pacific is anticipated to show high growth in the following years as a result of rising demand for compact and maintenance-free dehumidifiers. In addition, the need to maintain humidity levels in multiple industries in homes, hotels, restaurants, and coastal areas will also promote the growth of the market in Asia-Pacific. However, lack of awareness in rural area and dominance of the unorganized sector will restrain the growth of the market in this region.

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Table of Content

1 Report Overview

1.1  Product Definition and Scope

1.2  PEST (Political, Economic, Social and Technological) Analysis of Dehumidifier Market

2 Market Trends and Competitive Landscape

3 Segmentation of Dehumidifier Market by Types

4 Segmentation of Dehumidifier Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Dehumidifier Market in Major Countries

7 North America Dehumidifier Landscape Analysis

8 Europe Dehumidifier Landscape Analysis

9 Asia Pacific Dehumidifier Landscape Analysis

10 Latin America, Middle East & Africa Dehumidifier Landscape Analysis  

11 Major Players Profile

11.1 Frigidaire

11.1.1 Frigidaire Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Haier

11.3 Honeywell

11.4 LG Electronics

11.5 General Filters

11.6 Condair Group

11.7 AmcorUK

11.8 Whirlpool Corporation

11.9 Therma-Stor LLC

11.10 DeLonghi Appliances

11.11 Mitsubishi Electric

11.12 STULZ Air Technology Systems

11.13 Munters

Audience:

  • Dehumidifier manufacturers
  • Dehumidifier importers and exporters
  • Dehumidifier traders, distributors, and suppliers
  • Raw material suppliers of Dehumidifier
  • Dehumidifier industry associations
  • Product managers, Dehumidifier industry administrator, C-level executives of the industries
  • Market Research and consulting firms
  • Small and Medium-sized Enterprises (SMEs)

What Information does this report contain?

  • The report covers the prediction and analysis of the global Dehumidifier market at the global and regional levels.
  • The report includes drivers and constraints that affect market growth.
  • Discussed details about market opportunities
  • The assessments for the regional market layout characteristics in the world.
  • The report includes detailed company profiles for prominent market participants.

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