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North America Dehumidifier Market

2021

North America Dehumidifier Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Heat pumps, Ventilating Dehumidifiers, and Chemical Absorbent Dehumidifiers); Application (Industrial, Commercial, and Residential)

Publication Month: Nov 2021 | Report Code: TIPRE00025823 | No. of Pages: 104 | Category: Consumer Goods | Status: Published

Market Insights

North America Dehumidifier Market to Grow at a CAGR of 7.7% to reach US$ 1,110.6 million Million from 2021 to 2028

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The North America dehumidifier market is expected to reach US$ 1,110.6 million by 2028 from US$ 662.8 million in 2021. The market is estimated to grow at a CAGR of 7.7% from 2021–2028.


Dehumidifier plays an intricate role in improving the overall indoor air quality in residential space by removing excessive levels of humidity and eliminating dust mites. It can be used in various residential spaces, such as small to large size rooms, basements, garages, and crawlspaces. Dehumidifiers are gaining popularity in residential space due to its various advantages such as portable and convenient, and easy and quick maintenance. Moreover, the adoption of dehumidifiers is increasing in hotels, restaurants, dining rooms, and kitchens to handle the concerns regarding the high moisture levels generated by cooking, which supports the growth of the dehumidifiers market. The growing demand for dehumidifiers in the locations having temperatures below 30°C, such as garages, unoccupied properties, and caravans, boosts the adoption of the absorption dehumidifiers. Additionally, the growing demand for portable dehumidifiers from the residential and commercial spaces escalates the market growth. Recent developments of dehumidifier devices are equipped with digital control systems and are easy to install, access, and control, which propel the market growth for the residential segment. Moreover, various government regulations and standards, such as AHAM 7008-2018, are focusing on energy efficiency and propelling dehumidifiers use in the residential sectors. Therefore, with growing popularity of dehumidifiers in residential sectors, the scope of using same will continue to rise.

North America is one of the most significant regions with respect to the adoption of dehumidifiers. Demand for dehumidifiers is relatively high in countries such as the United States, Canada, and Mexico. The US and Canada are among the major markets for dehumidifiers due to the presence of large-scale food & beverages, electronics & semiconductor, and hospitality industry. Smartphones industry in the United States witnessed a considerable decline in their sales. In electronics industry, dehumidifiers help in dealing with problems such as transistor failures, condensation on integrated circuits and corrosion of PCB. With lower production, demand for respective dehumidifiers also suffered proportionally. Owing to international travel ban, tourism industry suffered notably in Canada and Mexico. This impacted the sales of dehumidifiers required at various hotels, gyms, restaurants, theaters, theme parks etc. With lower demand and restrictions of limited workforce at production site, the dehumidifiers market in the North America is also affected from the supply side.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the dehumidifier market. The North America dehumidifier market is expected to grow at a good CAGR during the forecast period.

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North America Dehumidifier Market Segmentation

By Type

  • Heat Pumps
  • Ventilating Dehumidifiers
  • Chemical Absorbent Dehumidifiers

By Application

  • Industrial
  • Commercial
  • Residential

By Country

  • North America

US

Canada

Mexico

Companies Mentioned

  1. Haier Group Corporation
  2. Electrolux AB
  3. LG Electronics
  4. Whirlpool Corporation
  5. De’Longhi Appliances S.r.l.
  6. General Filters, Inc.
  7. Sunpentown International Inc.
  8. Therma-Stor
  9. Munters
  10. Resideo Technologies, Inc.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America Dehumidifier Market – By Type

1.3.2 North America Dehumidifier Market – By Application

1.3.3 North America Dehumidifier market – By Country

2. North America Dehumidifier Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Dehumidifier Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.3 Expert Opinions

4.4 Ecosystem Analysis

5. North America Dehumidifier Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Adoption of Dehumidifiers in Commercial Space and Residential Sector

5.1.2 Rapid urbanization and growing disposable income

5.2 Market Restraints

5.2.1 High Installation Costs and High Energy Consumption by Dehumidifier

5.3 Market Opportunity

5.3.1 Growing Demand for Industrial Dehumidifiers

5.4 Market Trend

5.4.1 Emergence of Sophisticated Dehumidifier

5.5 Impact Analysis

6. North America Dehumidifier Market – Regional Analysis

6.1 North America Dehumidifier Market Revenue Forecast And Analysis

7. North America Dehumidifier Market Analysis – By Type

7.1 Overview

7.2 Dehumidifier Market Breakdown, By Type (2020 and 2028)

7.3 Heat Pump

7.3.1 Overview

7.3.2 Heat Pump: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

7.4 Ventilating Dehumidifier

7.4.1 Overview

7.4.2 Ventilating Dehumidifier: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

7.5 Chemical Absorbent Dehumidifiers

7.5.1 Overview

7.5.2 Chemical Absorbent Dehumidifiers: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

8. North America Dehumidifier Market Analysis – By Application

8.1 Overview

8.2 Dehumidifier Market Breakdown, By Application (2020 and 2028)

8.3 Residential

8.3.1 Overview

8.3.2 Residential: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

8.4 Commercial

8.4.1 Overview

8.4.2 Commercial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

8.5 Industrial

8.5.1 Overview

8.5.2 Industrial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

9. North America Dehumidifier Market – Geographic Analysis

9.1 North America: Dehumidifier Market

9.1.1 Overview

9.1.2 North America Dehumidifier Market Revenue and Forecasts to 2028, By Country (%)

9.1.2.1 US: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.1.1 US: Dehumidifier Market, by Type

9.1.2.1.2 US: Dehumidifier Market, By Application

9.1.2.2 Canada: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.2.1 Canada: Dehumidifier Market, by Type

9.1.2.2.2 Canada: Dehumidifier Market, By Application

9.1.2.3 Mexico: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.3.1 Mexico: Dehumidifier Market, by Type

9.1.2.3.2 Mexico: Dehumidifier Market, By Application

10. Impact of COVID-19 Pandemic on North America Dehumidifier Market

10.1 North America: Impact Assessment of COVID-19 Pandemic

11. North America Dehumidifier Market – Industry Landscape

11.1 Overview

11.2 New Development

12. Company Profiles

12.1 Haier Group Corporation

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Electrolux AB

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 LG Electronics

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Whirlpool Corporation

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 De’Longhi Appliances S.r.l.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 General Filters, Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Sunpentown International Inc.

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Therma-Stor

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Munters

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Resideo Technologies, Inc

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms


LIST OF TABLES

Table 1. US: Dehumidifier Market, by Type –Revenue and Forecast to 2028 (US$ Million)

Table 2. US: Dehumidifier Market, By Application –Revenue and Forecast to 2028 (US$ Million)

Table 3. Canada: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 4. Canada: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 5. Mexico: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6. Mexico: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 7. Glossary of Terms, North America Dehumidifier Market


LIST OF FIGURES

Figure 1. North America Dehumidifier Market Segmentation

Figure 2. North America Dehumidifier Market Overview

Figure 3. Chemical Absorbent Dehumidifiers Segment Held Largest Share of Type of North America Dehumidifier Market

Figure 4. North America Dehumidifier Market – Leading Country Markets (US$ Million)

Figure 5. North America PEST Analysis

Figure 6. Dehumidifier Market – Ecosystem Analysis

Figure 7. North America Dehumidifier Market Impact Analysis of Drivers and Restraints

Figure 8. North America Dehumidifier Market – Revenue Forecast And Analysis – 2020- 2028

Figure 9. Dehumidifier Market Breakdown, By Type (2020 and 2028)

Figure 10. Heat Pump: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

Figure 11. Ventilating Dehumidifier: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

Figure 12. Chemical Absorbent Dehumidifiers: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

Figure 13. Dehumidifier Market Breakdown, By Application (2020 and 2028)

Figure 14. Residential: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

Figure 15. Commercial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. Industrial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. North America: Dehumidifier Market, by Key Country – Revenue (2021) (USD Million)

Figure 18. North America Dehumidifier Market Revenue and Forecasts to 2028, By Country (%)

Figure 19. US: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Canada: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Mexico: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Impact of COVID-19 Pandemic on North America Dehumidifier Market

  1. Haier Group Corporation
  2. Electrolux AB
  3. LG Electronics
  4. Whirlpool Corporation
  5. De’Longhi Appliances S.r.l.
  6. General Filters, Inc.
  7. Sunpentown International Inc.
  8. Therma-Stor
  9. Munters
  10. Resideo Technologies, Inc
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America dehumidifier market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America dehumidifier market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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