Global Residential Dehumidifiers Market 2017-2021

Overview of the global residential dehumidifiers market

With the increasing consumer preferences and the growing competition, manufacturers in the residential dehumidifiers market are focusing on offering products with advanced features such as on-demand response, ease of installation and use, precision performance, easy maintenance, and better control facilities. Additionally, the vendors are also introducing products with digital control system which will provide easy convenience for the users to control humidity. Technavio's market research analysts predict that the increase in technological advances and value-added solutions will be major factors that will have a positive impact on the growth of the residential dehumidifiers market. According to our market research analysts, this market will grow at a CAGR of almost 5% by 2021.

In terms of geography, the Americas will account for the highest revenue share of the residential dehumidifiers market due to the high adoption of dehumidifiers in regions where humidity levels are high. Additionally, the increase in construction activities in the residential sector will also fuel the market's growth in this region.

Competitive landscape and key vendors

Owing to the presence of global, regional, and local manufacturers, this market appears to be highly fragmented and competitive. The players in this marketspace are mainly focusing on innovation and technology and are also concentrating on competitive pricing. To improve their market shares, the key players are indulging in after-market services and are also focusing on providing energy-efficient products to meet customer preferences.

The leading vendors in the market are -

• Frigidaire
• Haier
• Honeywell
• LG

The other prominent vendors in the market are Midea, Danby, Gree Electrical Appliances, Friedrich Air Conditioning, Aprilaire, Sunpentown International, General Filters, Therma-Stor, and De?Longhi Appliances.

Segmentation by technology and analysis of the residential dehumidifiers market

• Mechanical/ refrigerative dehumidifiers
• Desiccant dehumidifiers

During 2016, the mechanical/ refrigerative dehumidifiers segment accounted for the major shares of this market. These dehumidifiers work at higher temperatures and humidity levels and can be controlled by a humidistat and are mainly useful in the early stages of flood refurbishments.

Segmentation by product type and analysis of the residential dehumidifiers market

• Portable residential dehumidifiers
• Whole- home dehumidifiers

The portable residential dehumidifiers account for the major revenue shares of the residential dehumidifiers market since they are easy to install and can be used in limited spaces. The advanced portable dehumidifiers allow users to set the desired humidity level for a room and maintains the same level set by the user. The manufacturers in the market are launching dehumidifiers with advanced electronic features including timer setting, reminders to clean the filter, and alarms to remind users to dispose the condensate.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global residential dehumidifiers market?
• What are the key market trends impacting the growth of the global residential dehumidifiers market?
• What are the challenges to market growth?
• Who are the key vendors in the global residential dehumidifiers market?
• What are the market opportunities and threats faced by the vendors in the global residential dehumidifiers market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global residential dehumidifiers market?

Technavio also offers customization on reports based on specific client requirement.

A dehumidifier is an electrical household appliance which reduces the level of humidity in the air to eliminate order and humidity promoting healthy living. This upcoming market research report on the global residential dehumidifiers market is an essential part of Technavio's new research areas and offers key insights into the market space for home, kitchen and large appliances sector. The report also identifies Electrolux, General Filters Inc., De?Longhi Appliances S.r.I, Heat Controller Inc. (Comfort Aire), Haier Group, and Honeywell International Inc. as some of the vendors operating in this marketplace.

To get a comprehensive overview of the market, Technavio uses extensive primary and secondary research comprising of the study of factors such as market size, emerging markets, technological advancements, and growth potential. Using tools such as market size and market growth assessment and vendor assessment across different geographical regions, the upcoming report on the global residential dehumidifiers market will help clients in managing the resources across different regions.

Our analysts have observed that allergy incidence over dust mites have been on the rise. They predict that the demand for dehumidifiers might increase from the consumer segment in the interest of their health. The upcoming research report on global residential dehumidifiers market also covers market potential, emerging trends, major growth drivers, and opportunities and challenges faced by the industry. The report also provides detailed market landscape by segmenting the market by geography and product type. The report also covers related markets such as health and wellness and lab equipment.

Our market research methodology for the global residential dehumidifiers market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.