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Humidifier Market to Clock a Notable CAGR of over 5% Through 2028, Owing to the Stringent Laws on Maintaining Humidity Level


Albany, NY -- (SBWIRE) -- 02/05/2019 -- There has been a degradation in the quality of air, which has spurred demand for maintaining the air quality at residential areas, so as to keep the diseases pertaining to air at bay. Besides residential areas, government across the world have shifted their focus on optimizing energy and meeting the minimal requisites of humidity in manufacturing industries, which has resulted in a rapid adoption of humidifiers among large section of industries. This has caused a surge in the humidifier market, which have been extensively used at healthcare, wood, pharmaceutical, textile and automotive industries.

Aforesaid insights have been extracted from a recently published report titled, "Humidifier Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028", which is updated in the broad repository of Market Research Hub (MRH).

As per the U.S. Environmental Protection Agency (EPA), ideal humidity level for indoors ranges between 30% - 50%. Health awareness programs organized by the regulatory bodies have propelled the demand for humidifiers, which in turn helps in maintaining the ideal humidity. This has intensified the adoption of humidifiers, on back of their easy installation, lightweight, and portability. These factors have collectively influenced the growth of humidifiers market, which is anticipated to clock a notable CAGR of over 5% through 2028.

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Humidifiers Market: Purview of the Report

The market study on humidifiers market has been forecasted for the period 2018 – 2028. Historic data for the period 2013 – 2017 has been included in this report, in lend an outlook on the historic trends that have affected the market. The report commences with an executive summary that offers a holistic outlook on key drivers, opportunities, threats, restraints, recent developments, and major trends prevalent in the market.

The market evaluation has been done in terms of value. The report comprises of various microeconomic and macroeconomic factors, which impacts the growth of humidifiers market. An in-depth analysis on value chain analysis, supply chain analysis, and five force analysis have been highlighted in the weighted chapter of the report, in order to provide an incisive view to the stakeholders of this market. A precise market forecast has been presented in this report which consists of market size, Y-o-Y growth of the market and absolute dollar opportunity. A descriptive analysis on market attractiveness has been encapsulated in this report, depending on installation, application, sales channel, and region.

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Humidifiers Market: Geographical Segmentation and Competitive Matrix

On the basis of geography, the regions that have been analyzed include North America, Eastern Europe, Latin America, Western Europe, SEA and other APAC, China, Middle East and Africa (MEA), and Japan. The report comprises of a brief introduction on the market present in these regions along with their impact on the current and future status of the market.

Behemoths profiled in this report comprises of Koninklijke Philips, Guardian Technologies, Honeywell International Inc., De'Longhi S.p.A., Dyson Ltd., Condair Group, CAREL INDUSTRIES S.p.A., Boneco AG, LG Electronics, Smart Fog Manufacturing, Neptronic, DriSteem, STULZ Air Technology Systems, Aprilaire, and HygroMatik GmbH. A brief analysis on these companies have been incorporated in this report along with their market size, market share, financials, and business strategies.

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