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.
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.
View
summary of this report @ http://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.
Browse All Reports of
this category @ http://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
- Residential
- Commercial
- Industrial
- North America
- Europe
- Asia Pacific
- RoW
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, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry
James
Corporate
Sales Specialist, U.S.A.
Grand
View Research, Inc.
United
States
Phone: 1-415-349-0058
Toll
Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Blog
Site: http://www.divog.org/
No comments:
Post a Comment