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Global Dehumidifier Market to Grow at a CAGR of 5.01% During the Period 2017 - 2021; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Dehumidifier Market 2017 - 2021” research report to their website


Lewes, DE -- (SBWIRE) -- 10/31/2017 -- Report forecast the global dehumidifier market to grow at a CAGR of 5.01% during the period 2017-2021.

Dehumidifier is an electrical appliance that reduces the level of humidity in the air. High moisture content in the air creates an unpleasant environment in both residential and industrial spaces. Hence it is important to maintain an adequate amount of moisture in the atmosphere, which can be achieved with the use of dehumidifiers. A dehumidifier takes in air, removes moisture content from it and then blows back the unsaturated air. The efficiency of a dehumidifier is the measure of the amount of water content it removes from the air within a given time period.

The report covers the present scenario and the growth prospects of the global dehumidifier market for 2017-2021. To calculate the market size, the report considers the demand for dehumidifiers from various end-users.

The market is divided into the following segments based on geography:
- Americas

According to the report, one of the major drivers for this market is Growth in construction activities. Dehumidifers are generally used in commercial spaces to control the level of humidity. The improving economic conditions across the globe coupled with urbanization has led to increased construction of both commercial and residential spaces. There has been an increase in the construction of malls, hospitals, commercial buildings, hotels, and manufacturing facilities. The rise in the number of commercial spaces, new office floor spaces, corporate hubs and special economic zones (SEZs), and organized retail outlets are driving the demand for dehumidifier installations across countries. Hrowing population creates demand for improved public health, improved water quality, and wastewater management. This widens the scope of construction industry.

Further, the report states that one of the major factors hindering the growth of this market is Slowdown of Chinese economy. After the depression of 2008, all major economies have been experiencing a slowdown. China, however, is yet to recover from the depression. Incidentally, the country happens to be a major market for dehumidifiers and the economy is expected to affect the dehumidifier market. In 2015, the Chinese economy fell by more than 6%. This slow growth is mainly attributed to the poor performance of the country's real estate sector and significant manufacturing overcapacity.

Global Dehumidifier Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global dehumidifier market: Frigidaire, Haier, Honeywell, and LG Electronics.

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.

Market driver
- Growth in construction activities
- For a full, detailed list, view our report

Market challenge
- Slowdown of Chinese economy
- For a full, detailed list, view our report

Market trend
- Growing demand for healthcare facilities
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

Spanning over 75 pages "Global Dehumidifier Market 2017 - 2021" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market segmentation by end-user, Geographical segmentation, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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