Dehumidifier Market was valued US$ 3.90 Bn in 2022 and is expected to reach US$ 6.17 Bn by 2029, at a CAGR of 6.75% during a forecast period. The report has covered the market trends from 2017 to forecast the market through 2029. 2022 is considered a base year. Special attention is given to 2022 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.To know about the Research Methodology:-Request Free Sample Report
COVID-19 impact on market:
COVID-19 has the potential to have three major effects on the global economy: directly impacting production and demand, causing supply chain and market disruption, and having a financial impact on businesses and financial markets. Our analysts, who are monitoring the situation throughout the world, believe that the market would provide producers with lucrative opportunities following the COVID-19 dilemma.Dehumidifier Market Dynamics
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.Dehumidifier Market Segment Analysis
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.Dehumidifier Market Regional Analysis
In terms of region, North America is dominated the market in terms of revenue in 2022 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.Dehumidifier Market Scope: Inquire before buying
Dehumidifier Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 3.90 Bn. Forecast Period 2023 to 2029 CAGR: 6.75% Market Size in 2029: US $ 6.17 Bn. Segments Covered: by Product Ventilating Heat Pump Chemical Absorbent by Technology Sorption Warm Condensation by Application Residential Commercial Industrial Dehumidifier Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Dehumidifier Market, Key Players are
1. Sunpentown International Inc. 2.Thermostor LLC 3. Haier group 4. Honeywell group 5. Keystone 6. EBAC 7. Frigidaire 8. TCL 9. Tosot 10. Panasonic 11. Airwatergreen 12. De’Longhi Appliances S.r.I 13. General Filters, Inc. 14. Honeywell International, Inc. 15. Munters 16. Seibu Giken DST AB 17. AB Electrolux 18. Heat Controller, Inc. 19. Whirlpool Corporation 20. LG Electronics Inc. 21. Condair Group 22. DehuTech AB 23. Parks 24. Deye Frequently Asked Questions: 1. Which region has the largest share in Global Dehumidifier Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Dehumidifier Market? Ans: The Global Dehumidifier Market is growing at a CAGR of 6.75% during forecasting period 2023-2029. 3. What is scope of the Global Dehumidifier market report? Ans: Global Dehumidifier Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Dehumidifier market? Ans: The important key players in the Global Dehumidifier Market are – 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, AB Electrolux, Heat Controller, Inc., Whirlpool Corporation, LG Electronics Inc., Condair Group, DehuTech AB, Parks, and Deye 5. What is the study period of this market? Ans: The Global Dehumidifier Market is studied from 2022 to 2029.
1. Dehumidifier Market: Research Methodology 2. Dehumidifier Market Introduction 2.1. Study Assumption and Market Definition 2.2. Scope of the Study 2.3. Executive Summary 3. Dehumidifier Market: Dynamics 3.1. Dehumidifier Market Trends by Region 3.1.1. North America Dehumidifier Market Trends 3.1.2. Europe Dehumidifier Market Trends 3.1.3. Asia Pacific Dehumidifier Market Trends 3.1.4. Middle East and Africa Dehumidifier Market Trends 3.1.5. South America Dehumidifier Market Trends 3.2. Dehumidifier Market Dynamics by Region 3.2.1. North America 3.2.1.1. North America Dehumidifier Market Drivers 3.2.1.2. North America Dehumidifier Market Restraints 3.2.1.3. North America Dehumidifier Market Opportunities 3.2.1.4. North America Dehumidifier Market Challenges 3.2.2. Europe 3.2.2.1. Europe Dehumidifier Market Drivers 3.2.2.2. Europe Dehumidifier Market Restraints 3.2.2.3. Europe Dehumidifier Market Opportunities 3.2.2.4. Europe Dehumidifier Market Challenges 3.2.3. Asia Pacific 3.2.3.1. Asia Pacific Dehumidifier Market Drivers 3.2.3.2. Asia Pacific Dehumidifier Market Restraints 3.2.3.3. Asia Pacific Dehumidifier Market Opportunities 3.2.3.4. Asia Pacific Dehumidifier Market Challenges 3.2.4. Middle East and Africa 3.2.4.1. Middle East and Africa Dehumidifier Market Drivers 3.2.4.2. Middle East and Africa Dehumidifier Market Restraints 3.2.4.3. Middle East and Africa Dehumidifier Market Opportunities 3.2.4.4. Middle East and Africa Dehumidifier Market Challenges 3.2.5. South America 3.2.5.1. South America Dehumidifier Market Drivers 3.2.5.2. South America Dehumidifier Market Restraints 3.2.5.3. South America Dehumidifier Market Opportunities 3.2.5.4. South America Dehumidifier Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Technology Roadmap 3.6. Regulatory Landscape by Region 3.6.1. North America 3.6.2. Europe 3.6.3. Asia Pacific 3.6.4. Middle East and Africa 3.6.5. South America 3.7. Key Opinion Leader Analysis For Dehumidifier Market 3.8. Analysis of Government Schemes and Initiatives For Dehumidifier Market 3.9. The Global Pandemic Impact on Dehumidifier Market 3.10. Smart Dehumidifiers with IoT Integration 3.11. Energy-efficient and Eco-friendly Designs 4. Dehumidifier Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 4.1. Dehumidifier Market Size and Forecast, by Product (2023-2030) 4.1.1. Ventilating 4.1.2. Heat Pump 4.1.3. Chemical Absorbent 4.2. Dehumidifier Market Size and Forecast, by Technology (2023-2030) 4.2.1. Sorption 4.2.2. Warm Condensation 4.3. Dehumidifier Market Size and Forecast, by Application (2023-2030) 4.3.1. Residential 4.3.2. Commercial 4.3.3. Industrial 4.4. Dehumidifier Market Size and Forecast, by Region (2023-2030) 4.4.1. North America 4.4.2. Europe 4.4.3. Asia Pacific 4.4.4. Middle East and Africa 4.4.5. South America 5. North America Dehumidifier Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 5.1. North America Dehumidifier Market Size and Forecast, by Product (2023-2030) 5.1.1. Ventilating 5.1.2. Heat Pump 5.1.3. Chemical Absorbent 5.2. North America Dehumidifier Market Size and Forecast, by Technology (2023-2030) 5.2.1. Sorption 5.2.2. Warm Condensation 5.3. North America Dehumidifier Market Size and Forecast, by Application (2023-2030) 5.3.1. Residential 5.3.2. Commercial 5.3.3. Industrial 5.4. North America Dehumidifier Market Size and Forecast, by Country (2023-2030) 5.4.1. United States 5.4.1.1. United States Dehumidifier Market Size and Forecast, by Product (2023-2030) 5.4.1.1.1. Ventilating 5.4.1.1.2. Heat Pump 5.4.1.1.3. Chemical Absorbent 5.4.1.2. United States Dehumidifier Market Size and Forecast, by Technology (2023-2030) 5.4.1.2.1. Sorption 5.4.1.2.2. Warm Condensation 5.4.1.3. United States Dehumidifier Market Size and Forecast, by Application (2023-2030) 5.4.1.3.1. Residential 5.4.1.3.2. Commercial 5.4.1.3.3. Industrial 5.4.2. Canada 5.4.2.1. Canada Dehumidifier Market Size and Forecast, by Product (2023-2030) 5.4.2.1.1. Ventilating 5.4.2.1.2. Heat Pump 5.4.2.1.3. Chemical Absorbent 5.4.2.2. Canada Dehumidifier Market Size and Forecast, by Technology (2023-2030) 5.4.2.2.1. Sorption 5.4.2.2.2. Warm Condensation 5.4.2.3. Canada Dehumidifier Market Size and Forecast, by Application (2023-2030) 5.4.2.3.1. Residential 5.4.2.3.2. Commercial 5.4.2.3.3. Industrial 5.4.3. Mexico 5.4.3.1. Mexico Dehumidifier Market Size and Forecast, by Product (2023-2030) 5.4.3.1.1. Ventilating 5.4.3.1.2. Heat Pump 5.4.3.1.3. Chemical Absorbent 5.4.3.2. Mexico Dehumidifier Market Size and Forecast, by Technology (2023-2030) 5.4.3.2.1. Sorption 5.4.3.2.2. Warm Condensation 5.4.3.3. Mexico Dehumidifier Market Size and Forecast, by Application (2023-2030) 5.4.3.3.1. Sensors 5.4.3.3.2. Displays 5.4.3.3.3. Lighting 5.4.3.3.4. Batteries 5.4.3.3.5. Photovoltaics 5.4.3.3.6. RFID tags 5.4.3.3.7. Others 6. Europe Dehumidifier Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. Europe Dehumidifier Market Size and Forecast, by Product (2023-2030) 6.2. Europe Dehumidifier Market Size and Forecast, by Technology (2023-2030) 6.3. Europe Dehumidifier Market Size and Forecast, by Application (2023-2030) 6.4. Europe Dehumidifier Market Size and Forecast, by Country (2023-2030) 6.4.1. United Kingdom 6.4.1.1. United Kingdom Dehumidifier Market Size and Forecast, by Product (2023-2030) 6.4.1.2. United Kingdom Dehumidifier Market Size and Forecast, by Technology (2023-2030) 6.4.1.3. United Kingdom Dehumidifier Market Size and Forecast, by Application (2023-2030) 6.4.2. France 6.4.2.1. France Dehumidifier Market Size and Forecast, by Product (2023-2030) 6.4.2.2. France Dehumidifier Market Size and Forecast, by Technology (2023-2030) 6.4.2.3. France Dehumidifier Market Size and Forecast, by Application (2023-2030) 6.4.3. Germany 6.4.3.1. Germany Dehumidifier Market Size and Forecast, by Product (2023-2030) 6.4.3.2. Germany Dehumidifier Market Size and Forecast, by Technology (2023-2030) 6.4.3.3. Germany Dehumidifier Market Size and Forecast, by Application (2023-2030) 6.4.4. Italy 6.4.4.1. Italy Dehumidifier Market Size and Forecast, by Product (2023-2030) 6.4.4.2. Italy Dehumidifier Market Size and Forecast, by Technology (2023-2030) 6.4.4.3. Italy Dehumidifier Market Size and Forecast, by Application (2023-2030) 6.4.5. Spain 6.4.5.1. Spain Dehumidifier Market Size and Forecast, by Product (2023-2030) 6.4.5.2. Spain Dehumidifier Market Size and Forecast, by Technology (2023-2030) 6.4.5.3. Spain Dehumidifier Market Size and Forecast, by Application (2023-2030) 6.4.6. Sweden 6.4.6.1. Sweden Dehumidifier Market Size and Forecast, by Product (2023-2030) 6.4.6.2. Sweden Dehumidifier Market Size and Forecast, by Technology (2023-2030) 6.4.6.3. Sweden Dehumidifier Market Size and Forecast, by Application (2023-2030) 6.4.7. Austria 6.4.7.1. Austria Dehumidifier Market Size and Forecast, by Product (2023-2030) 6.4.7.2. Austria Dehumidifier Market Size and Forecast, by Technology (2023-2030) 6.4.7.3. Austria Dehumidifier Market Size and Forecast, by Application (2023-2030) 6.4.8. Rest of Europe 6.4.8.1. Rest of Europe Dehumidifier Market Size and Forecast, by Product (2023-2030) 6.4.8.2. Rest of Europe Dehumidifier Market Size and Forecast, by Technology (2023-2030) 6.4.8.3. Rest of Europe Dehumidifier Market Size and Forecast, by Application (2023-2030) 7. Asia Pacific Dehumidifier Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Asia Pacific Dehumidifier Market Size and Forecast, by Product (2023-2030) 7.2. Asia Pacific Dehumidifier Market Size and Forecast, by Technology (2023-2030) 7.3. Asia Pacific Dehumidifier Market Size and Forecast, by Application (2023-2030) 7.4. Asia Pacific Dehumidifier Market Size and Forecast, by Country (2023-2030) 7.4.1. China 7.4.1.1. China Dehumidifier Market Size and Forecast, by Product (2023-2030) 7.4.1.2. China Dehumidifier Market Size and Forecast, by Technology (2023-2030) 7.4.1.3. China Dehumidifier Market Size and Forecast, by Application (2023-2030) 7.4.2. S Korea 7.4.2.1. S Korea Dehumidifier Market Size and Forecast, by Product (2023-2030) 7.4.2.2. S Korea Dehumidifier Market Size and Forecast, by Technology (2023-2030) 7.4.2.3. S Korea Dehumidifier Market Size and Forecast, by Application (2023-2030) 7.4.3. Japan 7.4.3.1. Japan Dehumidifier Market Size and Forecast, by Product (2023-2030) 7.4.3.2. Japan Dehumidifier Market Size and Forecast, by Technology (2023-2030) 7.4.3.3. Japan Dehumidifier Market Size and Forecast, by Application (2023-2030) 7.4.4. India 7.4.4.1. India Dehumidifier Market Size and Forecast, by Product (2023-2030) 7.4.4.2. India Dehumidifier Market Size and Forecast, by Technology (2023-2030) 7.4.4.3. India Dehumidifier Market Size and Forecast, by Application (2023-2030) 7.4.5. Australia 7.4.5.1. Australia Dehumidifier Market Size and Forecast, by Product (2023-2030) 7.4.5.2. Australia Dehumidifier Market Size and Forecast, by Technology (2023-2030) 7.4.5.3. Australia Dehumidifier Market Size and Forecast, by Application (2023-2030) 7.4.6. Indonesia 7.4.6.1. Indonesia Dehumidifier Market Size and Forecast, by Product (2023-2030) 7.4.6.2. Indonesia Dehumidifier Market Size and Forecast, by Technology (2023-2030) 7.4.6.3. Indonesia Dehumidifier Market Size and Forecast, by Application (2023-2030) 7.4.7. Malaysia 7.4.7.1. Malaysia Dehumidifier Market Size and Forecast, by Product (2023-2030) 7.4.7.2. Malaysia Dehumidifier Market Size and Forecast, by Technology (2023-2030) 7.4.7.3. Malaysia Dehumidifier Market Size and Forecast, by Application (2023-2030) 7.4.8. Vietnam 7.4.8.1. Vietnam Dehumidifier Market Size and Forecast, by Product (2023-2030) 7.4.8.2. Vietnam Dehumidifier Market Size and Forecast, by Technology (2023-2030) 7.4.8.3. Vietnam Dehumidifier Market Size and Forecast, by Application (2023-2030) 7.4.9. Taiwan 7.4.9.1. Taiwan Dehumidifier Market Size and Forecast, by Product (2023-2030) 7.4.9.2. Taiwan Dehumidifier Market Size and Forecast, by Technology (2023-2030) 7.4.9.3. Taiwan Dehumidifier Market Size and Forecast, by Application (2023-2030) 7.4.10. Rest of Asia Pacific 7.4.10.1. Rest of Asia Pacific Dehumidifier Market Size and Forecast, by Product (2023-2030) 7.4.10.2. Rest of Asia Pacific Dehumidifier Market Size and Forecast, by Technology (2023-2030) 7.4.10.3. Rest of Asia Pacific Dehumidifier Market Size and Forecast, by Application (2023-2030) 8. Middle East and Africa Dehumidifier Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 8.1. Middle East and Africa Dehumidifier Market Size and Forecast, by Product (2023-2030) 8.2. Middle East and Africa Dehumidifier Market Size and Forecast, by Technology (2023-2030) 8.3. Middle East and Africa Dehumidifier Market Size and Forecast, by Application (2023-2030) 8.4. Middle East and Africa Dehumidifier Market Size and Forecast, by Country (2023-2030) 8.4.1. South Africa 8.4.1.1. South Africa Dehumidifier Market Size and Forecast, by Product (2023-2030) 8.4.1.2. South Africa Dehumidifier Market Size and Forecast, by Technology (2023-2030) 8.4.1.3. South Africa Dehumidifier Market Size and Forecast, by Application (2023-2030) 8.4.2. GCC 8.4.2.1. GCC Dehumidifier Market Size and Forecast, by Product (2023-2030) 8.4.2.2. GCC Dehumidifier Market Size and Forecast, by Technology (2023-2030) 8.4.2.3. GCC Dehumidifier Market Size and Forecast, by Application (2023-2030) 8.4.3. Nigeria 8.4.3.1. Nigeria Dehumidifier Market Size and Forecast, by Product (2023-2030) 8.4.3.2. Nigeria Dehumidifier Market Size and Forecast, by Technology (2023-2030) 8.4.3.3. Nigeria Dehumidifier Market Size and Forecast, by Application (2023-2030) 8.4.4. Rest of ME&A 8.4.4.1. Rest of ME&A Dehumidifier Market Size and Forecast, by Product (2023-2030) 8.4.4.2. Rest of ME&A Dehumidifier Market Size and Forecast, by Technology (2023-2030) 8.4.4.3. Rest of ME&A Dehumidifier Market Size and Forecast, by Application (2023-2030) 9. South America Dehumidifier Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030 9.1. South America Dehumidifier Market Size and Forecast, by Product (2023-2030) 9.2. South America Dehumidifier Market Size and Forecast, by Technology (2023-2030) 9.3. South America Dehumidifier Market Size and Forecast, by Application (2023-2030) 9.4. South America Dehumidifier Market Size and Forecast, by Country (2023-2030) 9.4.1. Brazil 9.4.1.1. Brazil Dehumidifier Market Size and Forecast, by Product (2023-2030) 9.4.1.2. Brazil Dehumidifier Market Size and Forecast, by Technology (2023-2030) 9.4.1.3. Brazil Dehumidifier Market Size and Forecast, by Application (2023-2030) 9.4.2. Argentina 9.4.2.1. Argentina Dehumidifier Market Size and Forecast, by Product (2023-2030) 9.4.2.2. Argentina Dehumidifier Market Size and Forecast, by Technology (2023-2030) 9.4.2.3. Argentina Dehumidifier Market Size and Forecast, by Application (2023-2030) 9.4.3. Rest Of South America 9.4.3.1. Rest Of South America Dehumidifier Market Size and Forecast, by Product (2023-2030) 9.4.3.2. Rest Of South America Dehumidifier Market Size and Forecast, by Technology (2023-2030) 9.4.3.3. Rest Of South America Dehumidifier Market Size and Forecast, by Application (2023-2030) 10. Global Dehumidifier Market: Competitive Landscape 10.1. MMR Competition Matrix 10.2. Competitive Landscape 10.3. Key Players Benchmarking 10.3.1. Company Name 10.3.2. Service Segment 10.3.3. End-user Segment 10.3.4. Revenue (2023) 10.3.5. Company Locations 10.4. Leading Dehumidifier Market Companies, by Market Capitalization 10.5. Market Structure 10.5.1. Market Leaders 10.5.2. Market Followers 10.5.3. Emerging Players 10.6. Mergers and Acquisitions Details 11. Company Profile: Key Players 11.1. Sunpentown International Inc. 11.1.1. Company Overview 11.1.2. Business Portfolio 11.1.3. Financial Overview 11.1.4. SWOT Analysis 11.1.5. Strategic Analysis 11.1.6. Recent Developments 11.2. Thermostor LLC 11.3. Haier group 11.4. Honeywell group 11.5. Keystone 11.6. EBAC 11.7. Frigidaire 11.8. TCL 11.9. Tosot 11.10. Panasonic 11.11. Airwatergreen 11.12. De’Longhi Appliances S.r.I 11.13. General Filters, Inc. 11.14. Honeywell International, Inc. 11.15. Munters 11.16. Seibu Giken DST AB 11.17. AB Electrolux 11.18. Heat Controller, Inc. 11.19. Whirlpool Corporation 11.20. LG Electronics Inc. 11.21. Condair Group 11.22. DehuTech AB 11.23. Parks 11.24. Deye 12. Key Findings 13. Industry Recommendations