Global Dehumidifier Market

By Author: pallavi
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Global Dehumidifier Market was valued US$ 3.43 Bn in 2018 and is expected to reach US$XX Bn by 2026, at a CAGR of XX% during a forecast period.

Increasing demand for dehumidifiers in hotels, restaurants, and cold storages to minimize food wastage caused due to humid air are anticipated to drive the market. Rising construction activities, changing climate conditions, and rising disposable income levels of consumers are expected to propel market growth over the forecast period. Moreover, rise in awareness towards health and changes in weather conditions are the major factors anticipated to drive the demand for dehumidifiers. However, high product cost is expected to restrict market growth over the forecast period. Cost of dehumidifiers are based on various factors such as capacity of selected product, outlet design, and difficulty in installation. Furthermore, they need regular and continuous cleaning and maintenance, which involves additional cost. Improved standard of living and rise in disposable income of consumers are anticipated to provide lucrative opportunities for market.

The global dehumidifier market based ...
... on product, technology, application, and region. In terms of product, the global dehumidifier market is segmented into ventilating, heat pump, and chemical absorbent. Based on technology, the global dehumidifier market is segmented into sorption and warm condensation. On the basis of application, the global dehumidifier market is segmented into residential, commercial, and industrial. Region wise market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

On the basis of product, the heat pump segment is estimated to witness significant growth owing to advantages offered by these machines, such as low energy consumption, high performance, and eco-friendliness. Recent developments in heat pumps include incorporation of advanced cycle designs with heat driven ejectors that develop efficiency of these devices.

Based on application, rising infrastructure activities in commercial sectors, such as hospitals, schools, and departmental stores, are expected to fuel the commercial segment over the forecast period. Moreover, development of portable and energy-efficient dehumidifiers are anticipated to increase product demand for residential and commercial applications.

In terms of region, North America is dominated the market in terms of revenue in 2018 followed by Asia Pacific. America and Europe are estimated to have rising demand for dehumidification solution in global dehumidifiers market, which is expected to grow in subsequent years due to having more number of restaurants, hotels, cold storages and food industries.

Some of the key players in the global dehumidifier market are Sunpentown International Inc., Thermostor LLC, Haier group, Honeywell group, Keystone, EBAC, Frigidaire, TCL, Tosot, and Panasonic.

The objective of the report is to present a comprehensive analysis of the Global Dehumidifier Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Dehumidifier Market dynamics, structure by analyzing the market segments and project the Global Dehumidifier Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Dehumidifier Market make the report investor’s guide.

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The Scope of the Global Dehumidifier Market

Global Dehumidifier Market, by Product

• Ventilating
• Heat Pump
• Chemical Absorbent
Global Dehumidifier Market, by Technology

• Sorption
• Warm Condensation
Global Dehumidifier Market, by Application

• Residential
• Commercial
• Industrial
Global Dehumidifier Market, by Geography

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players operating in the Global Dehumidifier Market

• Sunpentown International Inc.
• Thermostor LLC
• Haier group
• Honeywell group
• Keystone
• EBAC
• Frigidaire
• TCL
• Tosot
• Panasonic
• Airwatergreen
• De’Longhi Appliances S.r.I
• General Filters, Inc.
• Honeywell International, Inc.
• Munters
• Seibu Giken DST AB

This Report Is Submitted By : Maximize Market Research Company

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