Europe Dehumidifier Market Size, Share & Trends Analysis Report By Type (Chemical Absorbent, Refrigerant, and Heat Pumps), By Application, By Industrial Type, By Product (Fixed, and Portable), By Country and Growth Forecast, 2023 - 2030
The Europe Dehumidifier Market would witness market growth of 6.5% CAGR during the forecast period (2023-2030).
Preservation of cultural artifacts and documents requires controlled humidity. These devices help maintain stable environmental conditions in museums and archives, protecting valuable items from deterioration. Many cultural artifacts, such as paintings, manuscripts, and sculptures, are made from materials sensitive to humidity changes. These materials are susceptible to expansion and contraction due to variations in humidity, which may result in deformation, splitting, or other types of harm. By controlling humidity, these devices contribute to the stability of these materials over time.
The integration of smart technologies has led to the development of smart dehumidifiers. These devices can be controlled remotely through mobile applications, offering users greater convenience and the ability to monitor and adjust settings from anywhere. Smart dehumidifiers can be connected to mobile applications, allowing users to monitor and control the device remotely. This feature provides convenience, especially when users are away from home or managing multiple devices in different locations. Users can adjust settings, monitor humidity levels, and receive alerts or notifications through the app.
As per the data from Eurostat, in 2021, the EU produced around 44% of its energy; renewable energy (41% of total EU energy production) was the largest contributor to primary energy production in the EU in 2021. Nuclear energy (31%) was the second largest source, followed by solid fuels (18%), natural gas (6%) and crude oil (3%). Moreover, as per the Office for National Statistics, the United Kingdom, the cost of new construction projects in Great Britain increased significantly (15.3%) in 2021 after declining by 15.9% in 2020 to reach £100,199 million. The largest drivers of the annual increase—private housing, private infrastructure, and new public infrastructure—increased by 23.7%, 28.1%, and 37.4%, respectively. Thus, expanding the construction and energy sectors in Europe will help grow the regional market.
The Germany market dominated the Europe Dehumidifier Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $236.6 Million by 2030. The UK market is exhibiting a CAGR of 5.5% during (2023 - 2030). Additionally, The France market would experience a CAGR of 7.3% during (2023 - 2030).
Based on Type, the market is segmented into Chemical Absorbent, Refrigerant, and Heat Pumps. Based on Application, the market is segmented into Industrial, Commercial, and Residential. Based on Industrial Type, the market is segmented into Food & Beverage Industry, Cold Storage, Construction, and Others. Based on Product, the market is segmented into Fixed, and Portable. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- AB Electrolux
- Honeywell International, Inc.
- LG Electronics, Inc. (LG Corporation)
- Sunpentown, Inc.
- Therma-Stor LLC
- Whirlpool Corporation
- Condair Group AG
- Munters Group AB
- Bry-Air (Asia) Pvt Ltd (Pahwa Group)
Europe Dehumidifier Market Report Segmentation
By Type
- Chemical Absorbent
- Refrigerant
- Heat Pumps
By Application
- Industrial
- Food & Beverage Industry
- Cold Storage
- Construction
- Others
- Commercial
- Residential
By Product
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe