North America Dehumidifier Market Analysis and Opportunities by 2028
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)
- Status : Published
- Report Code : TIPRE00025823
- Category : Consumer Goods
- No. of Pages : 104
- Available Report Formats :
- Last update date : November 13, 2021
2021 Market Size
US$ 662.8 Mn
Base year value
2028 Forecast
US$ 1,110.6 Mn
Projected by 2028
CAGR 2022-2028
7.7 %
Growth rate
Addressable Market
US$ 6,311.20 Mn
(2022-2028)
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.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
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
- Haier Group Corporation
- Electrolux AB
- LG Electronics
- Whirlpool Corporation
- De’Longhi Appliances S.r.l.
- General Filters, Inc.
- Sunpentown International Inc.
- Therma-Stor
- Munters
- Resideo Technologies, Inc.
North America Dehumidifier Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 662.8 Million |
| Market Size by 2028 | US$ 1,110.6 Million |
| CAGR (2021 - 2028) | 7.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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