Dehumidifier

Dehumidifier

Global Dehumidifier Market to Reach US$7.0 Billion by 2030

The global market for Dehumidifier estimated at US$4.7 Billion in the year 2023, is expected to reach US$7.0 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2023-2030. Ventilating Dehumidifier, one of the segments analyzed in the report, is expected to record a 5.3% CAGR and reach US$3.3 Billion by the end of the analysis period. Growth in the Chemical Absorbent segment is estimated at 5.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.3 Billion While China is Forecast to Grow at 8.7% CAGR

The Dehumidifier market in the U.S. is estimated at US$1.3 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.9% and 5.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.

Global Dehumidifier Market - Key Trends and Drivers Summarized

What Is a Dehumidifier and How Does It Enhance Indoor Environments?

A dehumidifier is an electrical appliance designed to reduce and maintain the level of humidity in the air, typically for health or comfort reasons, or to eliminate musty odor and to prevent the growth of mildew by extracting water from the air. It works by drawing warm air currents into its coils via a fan. The warm air contracts as it passes through the machine`s refrigerated coils, leaving moisture behind in the form of condensation. This condensation is collected in a tank and removed from the air, thereby reducing the room`s humidity. Dehumidifiers are essential in parts of the home where moisture and humidity accumulate like basements, kitchens, and bathrooms, helping to prevent the formation of mold, mildew, and damage to building materials.

What Are the Different Types of Dehumidifiers and Their Applications?

There are mainly two types of dehumidifiers – refrigerative and desiccant. Refrigerative dehumidifiers are the most common and are typically used in residential settings and offices. They work best in warm, humid climates where the process of cooling air to remove moisture is most effective. Desiccant dehumidifiers, on the other hand, are more effective in colder climates or environments where lower humidity levels are required. They use a chemical drying agent to absorb moisture from the air. Both types of dehumidifiers are crucial in various applications beyond just residential use, including industrial and commercial settings such as warehouses, manufacturing plants, and hospitals where proper humidity levels are essential for operational efficiency, product integrity, and health standards.

What Challenges Do Users Face with Dehumidifiers?

Despite their benefits, users face several challenges when operating dehumidifiers. Energy consumption is a significant concern, as older models tend to be less energy-efficient and can lead to high electricity bills. Noise is another issue, especially in residential and office environments, as the operation of older dehumidifiers can be quite loud. Maintenance can also pose challenges; for instance, refrigerative dehumidifiers require regular cleaning to prevent ice buildup on the coils and to maintain efficiency. Furthermore, the capacity of dehumidifiers needs to be carefully selected based on the size of the area to be treated and the typical humidity levels, requiring users to understand their specific needs thoroughly to choose an appropriate unit.

What Drives the Growth in the Dehumidifier Market?

The growth in the dehumidifier market is driven by several factors, starting with increased awareness of the health issues associated with high humidity levels, such as respiratory problems and allergies. This awareness has spurred demand for residential dehumidifiers. The market is also benefiting from innovations that lead to more energy-efficient, quieter, and smarter dehumidifiers that are connected and can be controlled remotely, aligning with the growing trend of smart homes. Additionally, climate change has increased humidity levels in traditionally temperate climates, expanding the market for dehumidifiers in new geographic regions. Lastly, stringent regulations regarding air quality in workplaces and public buildings have mandated the use of dehumidifiers, further boosting market growth. These technological, environmental, and regulatory factors collectively fuel the expansion of the dehumidifier market, making it a vital component of modern residential and commercial building management.

Select Competitors (Total 41 Featured) -

• Airwatergreen
• De'Longhi Appliances Srl
• Electrolux Home Products Inc, (Frigidaire)
• GE Appliances
• General Filters, Inc.
• Honeywell International, Inc.
• LG Electronics, Inc.
• Mars, Inc.
• Munters AB
• Seibu Giken DST AB
• Sunpentown International, Inc.
• Therma-Stor LLC.
• Whirlpool Corporation
• Wood's

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.