Intelligent Humidifiers Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Published: Feb 2021

Pages: 120

SKU: IRTNTR70172

Snapshot

The intelligent humidifiers market size has the potential to grow by USD 135.00 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.21%. This report provides a detailed analysis of the market by product (warm-mist, ultrasonic, and cool-mist), distribution channel (offline and online), geography (North America, Europe, APAC, South America, and MEA), and key vendors.

Market Overview

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

The intelligent humidifiers market is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

The market players also significantly leverage external market drivers such as high adoption of integrated smart home technology to achieve growth opportunities. However, factors such as the availability of alternative products will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the intelligent humidifiers market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

This intelligent humidifiers market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

Intelligent Humidifiers Market: Key Drivers and Trends

The popularity of smart homes and smart home technologies, such as smart hubs and artificial intelligence (AI)-enabled smart home controllers, is rising among consumers.
Smart home appliances have uninterrupted and easy connectivity. As a result, smart hub voice-controlled devices such as Amazon Alexa allow users to operate home appliances remotely.
Smart home appliances include wirelessly connected devices that incorporate the Internet of Things (IoT) technology and remain connected through various wireless technologies, such as Wi-Fi, Bluetooth, and ZigBee.
The high adoption of integrated smart home technology has encouraged several market vendors to develop intelligent humidifiers, which are compatible with Amazon Alexa and Google Voice Assistant.
Therefore, the high adoption of integrated smart home technology will be a significant factor influencing the growth of the intelligent humidifiers market.

Market vendors are offering portable intelligent humidifiers with advanced features such as smart connectivity to cater to the changing preference of consumers. Portable intelligent humidifiers are compact in size and can be easily carried while traveling.
These intelligent humidifiers are useful in alleviating health problems such as cold, cough, flu symptoms, congested sinuses, itchy dry skin, dry eyes, headache, and chapped lips.
Portable humidifiers are highly preferred by people who are prone to allergies while traveling.
The rising popularity of portable intelligent humidifiers has encouraged vendors to offer products in different shapes, sizes, and colors.
Hence, the introduction of portable intelligent humidifiers has been identified as one of the critical, intelligent humidifier market trends. The trend will have a positive impact on the growth of the market.

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Intelligent Humidifiers Market: Segmentation by Geography

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35% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for intelligent humidifiers in North America. However, market growth in this region will be slower than the growth of the market in APAC and MEA.

The rising awareness about the importance of standardizing indoor air quality will facilitate the intelligent humidifiers market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Intelligent Humidifiers Market: Segmentation by Product

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Warm-mist intelligent humidifiers are equipped with a water reservoir and a heating element that boils the water before transforming it into steam. The evaporated warm mist, when released into the air, not only increases the humidity level but also provides health benefits. Some of the humidifiers are furnished with medical cups for adding inhalants to relieve symptoms such as cold, cough, and flu. The various advantages of warm-mist humidifiers are expected to boost their demand during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the intelligent humidifiers market size.

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Intelligent Humidifiers Market: Key Highlights of the Report for 2021-2025

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will drive intelligent humidifiers market growth during the next five years
Precise estimation of the intelligent humidifiers market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the intelligent humidifiers industry across North America, Europe, APAC, South America, and MEA
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of intelligent humidifiers market vendors

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Intelligent Humidifiers Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 4%
Market growth 2021-2025	$ 135.00 million
Market structure	Fragmented
YoY growth (%)	2.54
Regional analysis	North America, Europe, APAC, South America, and MEA
Performing market contribution	North America at 35%
Key consumer countries	US, Germany, Japan, Brazil, UK, and France
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Breville USA Inc., Gree Electric Appliances Inc. of Zhuhai, Honeywell International Inc., Huawei Investment & Holding Co. Ltd., Koninklijke Philips NV, Lenovo Group Ltd., Newell Brands Inc., Roolen Inc. , Vesync Co. Ltd., and Xiaomi Corp.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

Executive Summary

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Market Segmentation by Product

Market segments
Comparison by Product
Warm-mist - Market size and forecast 2020-2025
Ultrasonic - Market size and forecast 2020-2025
Cool-mist - Market size and forecast 2020-2025
Market opportunity by Product

Market Segmentation by Distribution channel

Market segments
Comparison by Distribution channel
Offline - Market size and forecast 2020-2025
Online - Market size and forecast 2020-2025
Market opportunity by Distribution channel

Customer landscape

Overview

Geographic Landscape

Geographic segmentation
Geographic comparison
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Vendor landscape
Landscape disruption
Industry risks
Competitive scenario

Vendor Analysis

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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