Global Dehumidifiers
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014
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Report
Description
Report Description
Dehumidifiers are the equipment or devices which help in maintaining desired humidity
levels in the system. Industrial, residential and commercial sectors require to maintain
controlled humidity level, which is achieved by dehumidifiers. Dehumidifiers control the
level of humidity in air by extracting excess moisture from the air. As a household
appliance dehumidifier are also used to eliminate musty odourrequired for health and
comfort reasons. Large dehumidifiers are generally used in commercial buildings such as
shopping malls to keep humidity levels in check. Some of the critical uses of
dehumidifiers in industrial sector can be found in thruster rooms, pump rooms, pipe
tunnels, painting and preservation industry. As the moisture content in environment is
increasing globally the control over humidity level is becoming vital in commercial and
industrial sectors. Some of the drivers identified in dehumidifiers market are changing
climate conditions, growing urbanization and increasing industrial development.
The global dehumidifiers market is estimated to grow two fold by 2020 with a CAGR of
6% to 8%. The global dehumidifiers market is segmented into three segments on the
basis of type, application and the geographical splits. The geographical segments of
global dehumidifiers market includes seven sub-segment which are North America, South
America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa.
North America dehumidifiers market commands largest share in 2013 in global market,
followed by Europe and Asia-Pacific. However, in terms of growth rate, Asia Pacific
dehumidifiers market is expected to grow higher with double digit CAGR for the forecast
period. By 2020 the Asia pacific is projected to become largest geographical segment
leaving behind the America and Europe regions in global dehumidifiersmarket.
Report
Description
Report Description
Growing infrastructural development in Asian countries is shifting the construction
industry at pace in which dehumidifiers are widely deployed for various application such
as for drying plasters and slabs. Increasing numbers of hotels, restaurants, cold storage
and food industries in America and Europe is resulting in increasing demand for
dehumidification solution in global dehumidifiers market, which is estimated to grow
significantly.
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On the basis of type, the global dehumidifiers market is segmented into heat pumps,
ventilating dehumidifiers (refrigerant dehumidifiers) and chemical absorbent
dehumidifiers (desiccant dehumidifiers). As of 2013, absorbent type dehumidifier
dominated the global dehumidifiers market, due to increased demand in hotels,
restaurants, food and beverage industry, office buildings and medical centers. In terms of
revenue,chemical absorbent type dehumidifiers accounted for largest share in global
dehumidifiers market, followed by heat pumps type and ventilating type dehumidifiers
segments respectively. Growing with significant CAGR absorbent type dehumidifiers
market segment is expected to maintain its dominance throughout the forecast period in
global dehumidifiers market, whilst the heat pump type dehumidifiers’market segment is
projected to register a steady growth in global dehumidifiers market with a CAGR around
6% to 8% during the forecast period.
Report
Description
Report Description
The global dehumidifiers market is further segmented on the basis of application which
are industrial residential and commercial. Industrial application is the predominant
market segment with more than 40% of revenue in overall global dehumidifiers market
followed by commercial and residential respectively. In terms of revenue, the industrial
application segment of global dehumidifiers market is expected to maintain the largest
share throughout the forecast period due to growing industrialization, stringent
government norms focusing on global warming. Infrastructure development due to
growing number of commercial buildings such as hospitals, schools and departmental
stores are also expected to drive the growth of commercial application segment of global
dehumidifiers market. Additionally, changing weather conditions and awareness about
health by moisture control/prevention are some of the factors which is expected to grow
demand of dehumidifiers in residential application segment of global dehumidifier
segment for the forecast period.
The global dehumidifiers market is fragmented with presence of many global and local
players. Some of the key players in global dehumidifier market are Electrolux (Frigidaire)
and General Filters, Inc., Whirlpool Corporation, LG Electronics Inc., Haier Group,
Honeywell International, Inc., Sunpentown International, Inc, Thermo-Stor LLC and
De’Longhi Appliances S.r.I.
Report
Description
Report Description
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In future, the market growth of manufacturer will largely depend upon providing
technology up gradation, efficient dehumidifiers at competitive cost. Some of the recent
development include introduction of dehumidifiers which can be integrated with the
HVAC system, which further provides more efficiency of system. Such type of
technological development with enhanced energy efficiency and safety is expected by
leading market players in near future.
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