The
global dehumidifier market is anticipated to reach USD
3.54 billion by 2022, according to a new report by Grand View Research, Inc.
Increasing construction activities worldwide is expected to primarily
contribute to industry growth. Technological advancements such as integration
into existing HVAC equipment is expected to boost industry growth over the
forecast period.
North America dehumidifier market share by application, 2012 – 2022 (USD Million) |
Price,
energy efficiency, and size are anticipated to be critical parameters affecting
consumer buying behavior. Product recall owing to technical issues is expected
to hinder industry growth over the forecast period. Increasing competition due
to the presence of a large number of players has lead to price reductions,
which may affect profitability. Growth of the organized retail industry in Asia
Pacific, Latin America and Africa has further intensified competition.
Full
Research Report On Global Dehumidifier Market Analysis:
www.grandviewresearch.com/industry-analysis/dehumidifier-market
www.grandviewresearch.com/industry-analysis/dehumidifier-market
Further
key findings from the report suggest:
- Increasing demand for
energy efficient dehumidification is anticipated to drive heat pumps
demand over the next seven years. These products are expected to continue
accounting for over 10% of the overall revenue during the forecast period.
Chemical absorbent or desiccant products are expected to witness growth on
account of growing demand in office buildings, restaurants, food and
beverage industry, hotels, and medical centers.
- The industry can also be
classified based on application into residential, industrial, and
commercial segments. Industrial is anticipated to be key application over
the forecast period owing to increase usage of dehumidifiers in maritime,
cold storage, food and beverage, and construction sector. The American
Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE)
formulated the Improved Indoor Air Quality (IAQ) and ventilation guideline
which is expected to drive demand in residential applications.
- Increasing adoption in
hotels, supermarkets, offices, restaurants, swimming pools, schools, and
multiplexes is expected to drive the commercial segment. Residential
dehumidifiers market is expected to be driven by rising health awareness
and increasing disposable income.
- Rising number of
restaurants and hotels coupled with the growing construction industry is
expected to propel North America dehumidifier market growth. Dehumidifiers
are used for maintaining moisture-free food quality to enhance customer
satisfaction. Competition in North America and Europe has intensified
owing to regional companies offering products at low price.
- Notable companies
operating in the global dehumidifier industry include Electrolux
(Frigidaire), De’Longhi Appliances S.r.I, Haier Group, Heat Controller,
Inc. (Comfort Aire), General Filters, Inc., and Honeywell International
Inc. Other prominent vendors include Therma-Stor LLC, Sunpentown
International Inc., LG Electronics, Inc., and Whirlpool Corporation.
View more
reports of this category by Grand View Research at:
www.grandviewresearch.com/industry/hvac-and-construction-technologies
www.grandviewresearch.com/industry/hvac-and-construction-technologies
Grand View Research has segmented the dehumidifier market on the basis of
product, application, and region:
Dehumidifier
Product Outlook (Revenue, USD Million, 2012 - 2022)
- Heat
Pumps
- Ventilating
- Chemical
Absorbent
Dehumidifier
Application Outlook (Revenue, USD Million, 2012 - 2022)
- Residential
- Commercial
- Industrial
Dehumidifier
Regional Outlook (Revenue, USD Million, 2012 - 2022)
- North
America
- Europe
- Asia
Pacific
- RoW
View press
release of this research report by Grand View Research:
www.grandviewresearch.com/press-release/global-dehumidifier-market
www.grandviewresearch.com/press-release/global-dehumidifier-market
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more
information: www.grandviewresearch.com
No comments:
Post a Comment