Global Dehumidifier market

Global Dehumidifier Market Size, Share, Growth Analysis, By Product(Chemical Absorbent, Heat Pump), By Type(Desiccant, Refrigerant), By Technology(Cold Condensation, Sorption), By Application(Industrial, Commercial) - Industry Forecast 2024-2031

Report ID: SQSG15E2053 | Region: Global | Published Date: April, 2024
Pages: 157 | Tables: 119 | Figures: 68

Global Dehumidifier Market News

  • In September 2022, a new product called "BryShield" has been introduced by Bry-Air, one of the top producers of desiccant dehumidifiers in India and around the world, to prevent electronic corrosion in small server rooms by removing gaseous contaminants. The novel air filtration system has a beautiful design, is simple to install, and can be mounted efficiently on the ceiling.
  • In March 2022, Xiaomi released the dual-purpose MIJIA Smart Dehumidifier, which can remove up to 22 litres of water from indoor air each day. The Mijia Smart Dehumidifier has a number of modes that let it quickly dry clothes scattered around the room and improve sleep.
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Global Dehumidifier Market size was valued at USD 2837.83 million in 2019 and is poised to grow from USD 3030.8 million in 2023 to USD 5478.97 million by 2031, growing at a CAGR of 6.8% in the forecast period (2024-2031).

Global dehumidifier market is fragmented due to the presence of prominent global and local players who apply various strategies to expand their market share and dominate the market. Some key players include Honeywell International Inc., Whirlpool Corporation, Bry-Air Pvt. Ltd., Seresco Dehumidifiers and Airwatergreen AB. The market's leading players are looking forward to increasing their investments in the creation of advanced devices and fulfill the increasing demand for dehumidifier systems. 'Midea Group Co., Ltd.', 'Panasonic Corporation', 'General Filters, Inc.', 'LG Electronics Inc.', 'Honeywell International Inc.', 'Whirlpool Corporation', 'Haier Group Corporation', 'Dantherm A/S', 'Therma-Stor LLC', 'Seibu Giken Co., Ltd.', 'Airwatergreen AB    Desiccant Technologies Group (DTG)    Ebac Group Ltd.    Bry-Air (Asia) Pvt. Ltd.    De'Longhi Appliances S.r.l.    Fujitsu General Limited    Condair Group AG    Desiccant Rotors International Pvt. Ltd.    Condair plc    Trotec GmbH & Co. KG'

Need for Performance Accuracy to Drive Dehumidifier Market Growth

Desiccant Dehumidification Technology Gaining Traction

North America accounted for the largest share of the dehumidifier market globally and is expected to maintain its dominance during the forecast period. The aggressive construction of warehouses, homes, and commercial buildings is anticipated to fuel the expansion of the local market. Growing public awareness of the benefits of creating a healthier environment is positive for the expansion of the local market. Some of the highest sums ever recorded in the United States were recently spent on private construction, resulting in the development of private homes and non-residential structures. On a list of the 50 biggest construction contractors in the nation, two companies had significant revenue. As a result, the demand for dehumidifiers is increasing, which in turn is propelling market revenue growth.

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Global Dehumidifier market

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