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The dehumidifier market was valued at US$ 2,797.5 million in 2021 and is projected to reach US$ 4,559.9 million by 2028; it is expected to grow at a CAGR of 7.2% from 2021 to 2028.
The improving economic conditions across the world coupled with urbanization have led to increased construction in industries. There has been an increase in the construction of malls, hospitals, commercial buildings, hotels, and manufacturing facilities, which propels the demand for dehumidifiers. Technological advancements, coupled with the changes in government and organizational regulations for energy consumption, are contributing to the growth of the dehumidifier market. The demand for smart dehumidifiers that work with technology, calculate humidity levels for the air, and work automatically is rising. Also, the emergence of cloud-based technology that allows the connection of dehumidifiers with smartphones, tablets, and laptops accelerates the market growth. For instance, according to the U.S. Department of Energy (DOE), a manufacturer of dehumidifiers is required to test the product to determine compliance with existing energy conservation standards. Moreover, improving standard of living and increasing awareness among consumers toward health drive the growth of the dehumidifiers market. 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/CSA SPE-7008-18/UL 7008-18, are focusing on energy efficiency and propelling the use of dehumidifiers in the residential and industrial sectors. Thus the above mentioned factors are driving the growth of the market.
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Dehumidifier Market: Strategic Insights
Market Size Value in US$ 2,797.5 million in 2021 Market Size Value by US$ 4,559.9 million by 2028 Growth rate CAGR of 7.2% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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Dehumidifier Market: Strategic Insights
| Market Size Value in | US$ 2,797.5 million in 2021 |
| Market Size Value by | US$ 4,559.9 million by 2028 |
| Growth rate | CAGR of 7.2% from 2021-2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on Dehumidifier Market
Due to the sudden COVID-19 outbreak, many industries came to a standstill. Dehumidifiers are used widely in the food industry, pharmaceutical industry, electronics & semiconductors industry, defence industry, leather industry, turbine industry, and cold stores. Also, owing to the pandemic, rising requirements for medicine and medical facilities are propelling the need for respective dehumidifiers. The residential and commercial sector in China is rapidly adopting dehumidifiers to maintain required humidity level. Demand for dehumidifiers at various small & medium enterprises is declined significantly. However, after the situation comes to normalcy, the dehumidifier market is expected to grow considerably across the world.
Lucrative Regions in Dehumidifier Market
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Market Insights– Dehumidifier Market
Rapid Urbanization and Growing Disposable Income
The rising adoption of dehumidifiers in commercial space and residential sector, growing disposable income, and rapid urbanization are a few major factors driving the growth of the dehumidifier market across the world. Growing investments in construction activities of residential and commercial spaces in various developing countries across Asia Pacific create demand for dehumidifiers required in storage spaces where lithium batteries and other electronic equipment are stored. Considering factors such as global warming, weather conditions tend to fluctuate in many parts of the world. This is another factor contributing to the growth of the dehumidifiers market. In Europe, the demand for dehumidifiers is anticipated to grow in the coming years due to their extensive requirement in restaurants, hotels, resorts, cafeterias, food and beverage processing centers, and cold storage spaces.
Type-Based Insights
Based on type, the dehumidifier market is segmented into heat pumps, ventilating dehumidifiers, and chemical absorbent dehumidifiers. The chemical absorbent dehumidifiers segment held the largest market share in 2021.
Players operating in the dehumidifier market are mainly focused on the development of advanced and efficient products.
- In September 2021, in the LG Styler, the drying feature doubled as a powerful dehumidifier, which prevents the build-up of molds in houses and minimizes respiratory distress indoors.
The dehumidifier market has been segmented as follows:
Dehumidifier Market – by Type
- Heat Pumps
- Ventilating Dehumidifier
- Chemical Absorbent Dehumidifier
Dehumidifier Market – by Application
- Residential
- Commercial
- Industrial
Dehumidifier Market – by Geography
North America
- US
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- Japan
- South Korea
- Rest of APAC
Middle East and Africa
- South Africa
- South Arabia
- UAE
- Rest of MEA
South America
- Brazil
- Argentina
- Rest of SAM
Dehumidifier Market – Company Profiles
- 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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, UAE, UK, US
Frequently Asked Questions
Dehumidifiers plays an intricate role in improving the overall indoor air quality within residential space. Not only by removing excessive levels of humidity, but also by eliminating dust mites. It can be used in various residential spaces such as small to large size rooms, basements, garages, and crawlspaces. Dehumidifier are gaining popularity in residential space due to its various advantages such as improve air quality, helps eliminate dust mites, portable & convenient, maintenance is easy & quick, and many more. Moreover, increasing adoption of this dehumidifier in hotels, restaurants, dining rooms, and other cooking places to meet the concerns regarding the high moisture levels generated by cooking also supports the growth of this market.
The dehumidifier market is expected to witness high demand from industrial sector. It is widely used in manufacturing, pharmaceuticals plants, and food processing units, automotive factories, and others. The mentioned industries need sufficient heat during the production process of product manufacturing. The Government agencies in Europe & North America are directed to use energy-efficient systems. Therefore, the aforesaid regions have become mature and well-recognized for using dehumidifier. Companies such as Munters, Bry-Air, Condair, Origin Corp, Hygro Tech Engineers, and Berg Chilling Systems Inc. as well as Hitachi are known for providing dehumidifier for industrial sector.
The chemical absorbent dehumidifier absorbs water from the air using a "desiccant" product having the property of drying, such as silica gel. The desiccant is located on the wheel of the heat exchanger. A separate sealed air system dries the wheel and discharges hot and humid outside air through special ducting. The chemical absorbent dehumidifier consumes more energy than a heat pump dehumidifier. But because of the lack of compressor parts desiccant dehumidifiers are often lighter and quieter than compressor dehumidifiers. The chemical absorbent segment is expected to account for the largest market share in terms of revenue, due to increasing development of solar-assisted, liquid desiccant dehumidifier systems that improve sustainability and energy efficiency.
Dehumidifier in commercial space are used for all kinds of construction projects, warehouses, gyms, garages, laundry rooms, hotel rooms, manufacturing facilities, greenhouses, supermarkets, hospitals, and workshops. Commercial dehumidifiers are very powerful and can remove between ~150-250 pints of moisture from the air per day. Dehumidifier used in commercial space are stronger and more durable than residential units, so they tend to be more expensive. They are generally made of steel or heavy-duty plastic, while residential units are commonly made of lightweight, less durable plastic. Damp warehouses, offices, server rooms, and basements can cause stock damage in the short run and integral damage in the long run so to fight with this problems cause by humid will drive the demand of dehumidifier in commercial space.
The Asia-Pacific dehumidifier market is growing due to growing industrialization, increase in disposable income of the consumers, rising demand for luxury products, and stringent government norms focusing on global warming are the factors that is expected to drive the growth of the segment. Typhoons and floods are becoming more intense and frequent as Vietnam and the rest of Southeast Asia bear the brunt of climate change. Southeast Asia faces a dual challenge. It not only must adapt to climate change caused largely by greenhouse gases emitted over decades by advanced economies majorly by developing economies such as China and India, it must also alter development strategies that are increasingly contributing to global warming.
Individuals are transforming their homes into smart homes with latest technologies and devices. The reason behind strong adoption of technology is supportive infrastructure and strong economies. Owing to strong purchasing power of populace in countries such as the UK, Germany, France, the US, China, Japan, South Korea, UAE, and Saudi Arabia among others, the customers are now preferring for premium level products backed by high disposable income. Increased focus of customers toward the sophisticated products is helping the market players to introduce premium, advanced, and specially customized products for customers.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Dehumidifier Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East & Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Dehumidifier Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing adoption of dehumidifiers in commercial spaces 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 Growth in the demand for industrial dehumidifiers
5.4 Market Trend
5.4.1 Emergence of sophisticated dehumidifier
5.5 Impact Analysis of Drivers and Restraints
6. Dehumidifier Market – Global Analysis
6.1 Dehumidifier Market Overview
6.2 Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Five Key Players
7. 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. 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. Dehumidifier Market – Geographic Analysis
9.1 Overview
9.2 North America: Dehumidifier Market
9.2.1 North America: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.2.2 North America: Dehumidifier Market, by Type
9.2.3 North America: Dehumidifier Market, By Application
9.2.4 North America: Dehumidifier Market, by Key Country
9.2.4.1 US: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.2.4.1.1 US: Dehumidifier Market, by Type
9.2.4.1.2 US: Dehumidifier Market, By Application
9.2.4.2 Canada: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.2.4.2.1 Canada: Dehumidifier Market, by Type
9.2.4.2.2 Canada: Dehumidifier Market, By Application
9.2.4.3 Mexico: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.2.4.3.1 Mexico: Dehumidifier Market, by Type
9.2.4.3.2 Mexico: Dehumidifier Market, By Application
9.3 Europe: Dehumidifier Market
9.3.1 Europe: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.3.2 Europe: Dehumidifier Market, by Type
9.3.3 Europe: Dehumidifier Market, By Application
9.3.4 Europe: Dehumidifier Market, by Key Country
9.3.4.1 Germany: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.1.1 Germany: Dehumidifier Market, by Type
9.3.4.1.2 Germany: Dehumidifier Market, By Application
9.3.4.2 France: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.2.1 France: Dehumidifier Market, by Type
9.3.4.2.2 France: Dehumidifier Market, By Application
9.3.4.3 Italy: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.3.1 Italy: Dehumidifier Market, by Type
9.3.4.3.2 Italy: Dehumidifier Market, By Application
9.3.4.4 UK: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.4.1 UK: Dehumidifier Market, by Type
9.3.4.4.2 UK: Dehumidifier Market, By Application
9.3.4.5 Russia: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.5.1 Russia: Dehumidifier Market, by Type
9.3.4.5.2 Russia: Dehumidifier Market, By Application
9.3.4.6 Rest of Europe: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.3.4.6.1 Rest of Europe: Dehumidifier Market, by Type
9.3.4.6.2 Rest of Europe: Dehumidifier Market, By Application
9.4 Asia Pacific: Dehumidifier Market
9.4.1 Asia Pacific: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.4.2 Asia Pacific: Dehumidifier Market, by Type
9.4.3 Asia Pacific: Dehumidifier Market, By Application
9.4.4 Asia Pacific: Dehumidifier Market, by Key Country
9.4.4.1 Australia: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.1.1 Australia: Dehumidifier Market, by Type
9.4.4.1.2 Australia: Dehumidifier Market, By Application
9.4.4.2 China: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.2.1 China: Dehumidifier Market, by Type
9.4.4.2.2 China: Dehumidifier Market, By Application
9.4.4.3 India: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.3.1 India: Dehumidifier Market, by Type
9.4.4.3.2 India: Dehumidifier Market, By Application
9.4.4.4 Japan: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.4.1 Japan: Dehumidifier Market, by Type
9.4.4.4.2 Japan: Dehumidifier Market, By Application
9.4.4.5 South Korea: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.5.1 South Korea: Dehumidifier Market, by Type
9.4.4.5.2 South Korea: Dehumidifier Market, By Application
9.4.4.6 Rest of Asia Pacific: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.4.4.6.1 Rest of Asia Pacific: Dehumidifier Market, by Type
9.4.4.6.2 Rest of Asia Pacific: Dehumidifier Market, By Application
9.5 Middle East & Africa (MEA): Dehumidifier Market
9.5.1 MEA: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.5.2 MEA: Dehumidifier Market, by Type
9.5.3 MEA: Dehumidifier Market, By Application
9.5.4 MEA: Dehumidifier Market, by Key Country
9.5.4.1 South Africa: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.1.1 South Africa: Dehumidifier Market, by Type
9.5.4.1.2 South Africa: Dehumidifier Market, By Application
9.5.4.2 Saudi Arabia: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.2.1 Saudi Arabia: Dehumidifier Market, by Type
9.5.4.2.2 Saudi Arabia: Dehumidifier Market, By Application
9.5.4.3 UAE: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.3.1 UAE: Dehumidifier Market, by Type
9.5.4.3.2 UAE: Dehumidifier Market, By Application
9.5.4.4 Rest of MEA: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.5.4.4.1 Rest of MEA: Dehumidifier Market, by Type
9.5.4.4.2 Rest of MEA: Dehumidifier Market, By Application
9.6 South America: Dehumidifier Market
9.6.1 South America: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.6.2 South America: Dehumidifier Market, by Type
9.6.3 South America: Dehumidifier Market, By Application
9.6.4 South America: Dehumidifier Market, by Key Country
9.6.4.1 Brazil: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.6.4.1.1 Brazil: Dehumidifier Market, by Type
9.6.4.1.2 Brazil: Dehumidifier Market, By Application
9.6.4.2 Argentina: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.6.4.2.1 Argentina: Dehumidifier Market, by Type
9.6.4.2.2 Argentina: Dehumidifier Market, By Application
9.6.4.3 Rest of SAM: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.6.4.3.1 Rest of SAM: Dehumidifier Market, by Type
9.6.4.3.2 Rest of SAM: Dehumidifier Market, By Application
10. Dehumidifier Market- COVID-19 Impact Analysis
10.1 Overview
10.1.1 North America: Impact Assessment of COVID-19 Pandemic
10.1.2 Europe: Impact Assessment of COVID-19 Pandemic
10.1.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.1.4 MEA: Impact Assessment of COVID-19 Pandemic
10.1.5 SAM: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 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 Word Index
LIST OF TABLES
Table 1. Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Dehumidifier Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Dehumidifier Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Europe: Dehumidifier Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 11. Europe: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Germany: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Germany: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. France: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. France: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 16. Italy: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. Italy: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 18. UK: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. UK: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 20. Russia: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 21. Russia: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 24. Asia Pacific: Dehumidifier Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 25. Asia Pacific: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. Australia: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 27. Australia: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 28. China: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 29. China: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 30. India: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 31. India: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 32. Japan: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 33. Japan: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 34. South Korea: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 35. South Korea: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Asia Pacific: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Asia Pacific: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 38. MEA Dehumidifier Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 39. MEA: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 40. South Africa: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 41. South Africa: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 42. Saudi Arabia: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 43. Saudi Arabia: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 44. UAE: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 45. UAE: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 46. Rest of MEA: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 47. Rest of MEA: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 48. South America: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 49. South America: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 50. Brazil: Dehumidifier Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 51. Brazil: Dehumidifier Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 52. Argentina: Dehumidifier Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 53. Argentina: Dehumidifier Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of SAM: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 55. Rest of SAM: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 56. List of Abbreviation
LIST OF FIGURES
Figure 1. Dehumidifier Market Segmentation
Figure 2. Dehumidifier Market Segmentation – By Geography
Figure 3. Global Dehumidifier Market Overview
Figure 4. Commercial Segment held the largest share in 2020
Figure 5. Chemical Absorbent Dehumidifiers Segment held the largest share in 2020
Figure 6. Europe held the largest share in 2020
Figure 7. North America: PEST Analysis
Figure 8. Europe: PEST Analysis
Figure 9. Asia Pacific: PEST Analysis
Figure 10. Middle East & Africa: PEST Analysis
Figure 11. South America: PEST Analysis
Figure 12. Dehumidifier Market – Ecosystem Analysis
Figure 13. Expert Opinion
Figure 14. Impact Analysis of Drivers and Restraints
Figure 15. Dehumidifier Market – Geographic Analysis
Figure 16. Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Dehumidifier Market Breakdown, By Type (2020 and 2028)
Figure 18. Heat Pump: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Ventilating Dehumidifier: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Chemical Absorbent Dehumidifiers: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Dehumidifier Market Breakdown, By Application (2020 and 2028)
Figure 22. Residential: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Commercial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Industrial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Global Dehumidifier Market Revenue Share, by Region (2020 and 2028)
Figure 26. North America: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. North America: Dehumidifier Market Revenue Share, by Type (2020 and 2028)
Figure 28. North America: Dehumidifier Market Revenue Share, By Application (2020 and 2028)
Figure 29. North America: Dehumidifier Market Revenue Share, by Key Country (2020 and 2028)
Figure 30. US: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Canada: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Mexico: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Europe: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Europe: Dehumidifier Market Revenue Share, by Type (2020 and 2028)
Figure 35. Europe: Dehumidifier Market Revenue Share, By Application (2020 and 2028)
Figure 36. Europe: Dehumidifier Market Revenue Share, by Key Country (2020 and 2028)
Figure 37. Germany: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. France: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Italy: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. UK: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Russia: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Rest of Europe: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Asia Pacific: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Asia Pacific: Dehumidifier Market Revenue Share, by Type (2020 and 2028)
Figure 45. Asia Pacific: Dehumidifier Market Revenue Share, By Application (2020 and 2028)
Figure 46. Asia Pacific: Dehumidifier Market Revenue Share, by Key Country (2020 and 2028)
Figure 47. Australia: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. China: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. India: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Japan: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. South Korea: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. Rest of Asia Pacific: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 53. MEA: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 54. MEA: Dehumidifier Market Revenue Share, by Type (2020 and 2028)
Figure 55. MEA: Dehumidifier Market Revenue Share, By Application (2020 and 2028)
Figure 56. MEA: Dehumidifier Market Revenue Share, by Key Country (2020 and 2028)
Figure 57. South Africa: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. Saudi Arabia: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. UAE: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. Rest of MEA: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. South America: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. South America: Dehumidifier Market Revenue Share, by Type (2020 and 2028)
Figure 63. South America: Dehumidifier Market Revenue Share, By Application (2020 and 2028)
Figure 64. South America: Dehumidifier Market Revenue Share, by Key Country (2020 and 2028)
Figure 65. Brazil: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 66. Argentina: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. Rest of SAM: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. Impact of COVID-19 Pandemic in North American Country Markets
Figure 69. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 70. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 71. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 72. Impact of COVID-19 Pandemic in SAM Country Markets
The List of Companies - Dehumidifier Market
- 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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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