What is the global market size of Dehumidifier Market?

Global Dehumidifier Market was valued at USD 3.75 billion in 2021 and is expected to reach USD 6.06 billion by 2028, at a CAGR of 7.1% during the forecast period (2022-2028). Read More

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

Q: What is the key market trend for Global Dehumidifier Market?

Desiccant Dehumidification Technology Gaining Traction Read More

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

Global Dehumidifier Market Insights

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).

A dehumidifier is a piece of electrical equipment made especially to remove extra moisture from the air. The most popular types of dehumidifiers use desiccant, refrigerant, and other materials. By eliminating excess humidity, dehumidifiers significantly reduce the likelihood of mould, dust mites, and other bacterial and fungal growth in homes. Dehumidifiers' functionality lowers the possibility of allergies, which helps to explain the high market demand for them. These gadgets also offer a clean, healthy environment with excellent air quality that keeps the household's occupants healthy. These are effective home appliances that have many benefits for a space and, most importantly, for a person. They get rid of potentially dangerous elements that might affect a home, a family, or even cherished pets. These enhance air quality and stop the growth of molds in addition to improving air quality and removing dust mites. Around the world, dehumidification systems, including dehumidifiers, are frequently used in residential, commercial, and industrial settings. By preventing condensation on machinery, equipment, and other electronics tools, humidifiers help prevent corrosion issues in the industrial sector and regulate the amount of moisture in the air. Dehumidifiers lower the humidity in residential spaces, making them less inviting to allergen-causing organisms like dust mites, black mould, and yeast.

US Dehumidifier Market is poised to grow at a sustainable CAGR for the next forecast year.

Global Dehumidifier Market Report Snapshots

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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 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

Global Dehumidifier Market Insights

Global Dehumidifier Market Report Snapshots

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