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Technavio's market study identifies the increasing demand for electricity as one of the primary growth factors for the dehumidifier market. Power plants contain expensive equipment that are highly susceptible to corrosion when they work in normal atmospheric conditions. Dehumidifiers are installed to reduce the moisture level in power plants to prevent rusting and corrosion of equipment such as turbines, power generators, boilers, and condensers. Rapid urbanization and industrialization is influencing the demand for electricity, consequently, inducing the construction of new power plants. This rising number of power plants will contribute to the demand for dehumidifiers. Our market research analysts estimate that this market will grow steadily at a CAGR of about 5% by 2021.
The growing demand for healthcare facilities is anticipated to be one of the major trends that will gain traction in the dehumidifier market during the next few years. Pharmaceutical industry is steadily growing due to the increasing population and the growing awareness about preventive healthcare. Dehumidifiers are used to control the moisture level and preserve drugs, which will prevent the early decomposition of drugs due to humidity. Further, dehumidifiers are extensively in operational in theatres since they require a highly-controlled environment. There is an increasing demand for dehumidifiers from the healthcare industry of countries in APAC and the Middle East.
The dehumidifiers market is highly competitive due to the presence of several international, regional, and local manufacturers. Dehumidifier manufacturers are mainly concentrating on innovation, technology, and competitive pricing to attain a competitive advantage over their competitors. To enhance their geographical presence and fulfill customer requirements, dehumidifier manufacturers are focusing on offering energy-efficient equipment and technologically advanced systems.
The leading vendors in the market are
The other prominent vendors in the market are General Filters, Condair Group, AmcorUK, Whirlpool Corporation, Therma-Stor LLC, De?Longhi Appliances, Mitsubishi Electric, STULZ Air Technology Systems, Munters, and Bry-Air.
The industrial sector contains a huge number of manufacturing plants that utilize dehumidifiers to protect their expansive equipment from moisture and humidity. The growth in industrial production activities in the Asian countries will influence the demand for dehumidifiers from the pharmaceutical manufacturing, plastic manufacturing, water treatment, and power plants.
The manufacturing sector in Americas is steadily growing and this is influenced by technical advances and large-scale investments. Large industries such as food and beverage, healthcare, and plastics will be the major contributors to the growth of the dehumidifier market in the Americas.
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This upcoming market research report on the high global dehumidifier market is an integral part of Technavio's heavy industry portfolio and offers key insights into the market space for unit operations. Technavio's detailed market research reports also offer insights on the market size, forecast, trends, and industry analysis to help clients build effective growth strategies.
Research analyst at Technavio assess the changing demand-supply landscape of the industry by analyzing data and insights gathered from suppliers, vendors, manufacturers, and end users. The qualitative and quantitative data collection approach used by the analysts give accurate growth forecasting, which helps clients devise effective growth strategies. This forthcoming market research report on the global dehumidifier market also covers vendors like Munters AB, Bry-Air Inc, Honeywell International, LG Electronics, Carel Industries, Condair, AMCO, Nordmann Engineering, Humidifirst, Armstrong International, STULZ USA, Mitsubishi Electric, GE, and others.
This market research report on the global dehumidifier market also takes into account the growth of related markets like global air source heat pump market, which is anticipated to post an impressive CAGR of above 11%, during the forecast period. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the global dehumidifier market also covers geographies like the Americas, APAC, and EMEA.
The upcoming industry report on the dehumidifier market also offers insights into fast-growing segments within the heavy industry, including sectors like test and measurement and construction. Additionally, the industry report also presents insights into the changing competitive landscape and gives clients a complete view of the future direction of the industry.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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