Dehumidifiers help in maintaining humidity levels in a complex system for industrial, residential, and commercial sectors. Dehumidifiers check the humidity level in air by extraction process and the size of dehumidifiers may vary from residential to large industries. Dehumidifier market is driven by factors such as increase in technological developments and construction activities worldwide. Rise in popularity of dehumidifiers across restaurants and rise in awareness about benefits of indoor air quality in the commercial sector is expected to drive the market growth in the forecast period.
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Application segment for dehumidifier industry includes commercial industrial and residential. Industrial and commercial segment accounts for a larger market share owing to proliferated use and rising importance. Product segment for dehumidifier market includes chemical absorbents, ventilating and heat pumps. “Ventilating and heat pumps” segment accounts for a significant market share due to rise in use and highly used for commercial purpose.
Geographical segmentation for dehumidifier industry includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America and Europe dehumidifier market is set to witness a growing CAGR in the forecast period due to rise in construction activities and increasing usage.
Asia-Pacific’s market is anticipated to witness a staggering growth during the forecast period due to rise in food ventures and restaurants and increasing need for dehumidifiers for food preservation. Increase in health awareness and stringent norms laid by government is likely to propel the market growth in the forecast period. The key players in the dehumidifier industry include Heat Controller Inc, De’Longhi Appliances, Honeywell International Inc, Haier Group, General Filters and S.r.I. Electrolux.
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