April 13, 2022 08:13 ET | Source: Research and Markets Research and Markets

Dublin, April 13, 2022 (GLOBE NEWSWIRE) -- The "Dehumidifier Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global dehumidifier market reached a value of US$ 3.83 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 5.65 Billion by 2027 exhibiting a CAGR of 6.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor. A dehumidifier is an electrical appliance that removes moisture from the air by condensing it into liquid water. It reduces humidity levels while preventing the growth of allergens, such as dust mites, mold, and mildew. It also keeps bread and cereal fresh without getting stale for a long time. Besides this, it prevents computer equipment, electronics, and tools from corrosion and helps lower energy costs by enabling the air conditioner (AC) to run more efficiently. As a result, it finds extensive applications in electronics and semiconductors, agriculture, pharmaceutical, and food and beverage (F&B) industries across the globe. Dehumidifier Market Trends:

The increasing utilization of dehumidifiers in households to control moisture and prevent the growth of bacteria and mold represents one of the key factors driving the market. Moreover, there is a rise in the demand for dehumidifiers in industrial sectors to reduce moisture. This, along with rapid industrialization and the escalating demand for energy-efficient products across the globe, is bolstering the growth of the market. In addition, there is an increase in the demand for advanced portable dehumidifiers with automatic temperature and humidity sensing capabilities.

This, coupled with the rising need to quickly dry plasters and slabs and maintain humidity levels in real-estate hardware stores, is positively influencing the market. Besides this, stringent energy-efficient standards implemented by governments of numerous countries are catalyzing the demand for energy-efficient dehumidifiers. Additionally, the development of cold storage, warehousing, and pharmaceutical manufacturing units worldwide is offering lucrative growth opportunities to the end-users. Furthermore, key market players are extensively investing in research and development (R&D) activities to enhance the overall product quality, which is projected to increase their overall sales. Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global dehumidifier market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, technology, distribution channel and end use. Breakup by Product:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AB Electrolux, Condair Group AG, Danby, DeLonghi Appliances S.r.l, General Filters Inc., Hitachi Ltd., Honeywell International Inc., Midea Group, Panasonic Corporation, Research Products Corporation, TCL Technology and Therma-Stor LLC. Key Questions Answered in This Report:

Key Topics Covered: 1 Preface 2 Scope and Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Dehumidifier Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Product 6.1 Chemical Absorbent Dehumidifier 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Heat Pump Dehumidifier 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Ventilating Dehumidifier 6.3.1 Market Trends 6.3.2 Market Forecast 7 Market Breakup by Technology 7.1 Cold Condensation 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Sorption 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Warm Condensation 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Others 7.4.1 Market Trends 7.4.2 Market Forecast 8 Market Breakup by Distribution Channel 8.1 Offline 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Online 8.2.1 Market Trends 8.2.2 Market Forecast 9 Market Breakup by End Use 9.1 Residential 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Commercial 9.2.1 Market Trends 9.2.2 Market Forecast 9.3 Industrial 9.3.1 Market Trends 9.3.2 Market Forecast 10 Market Breakup by Region 11 SWOT Analysis 12 Value Chain Analysis 13 Porters Five Forces Analysis 14 Price Analysis 15 Competitive Landscape 15.1 Market Structure 15.2 Key Players 15.3 Profiles of Key Players 15.3.1 AB Electrolux 15.3.1.1 Company Overview 15.3.1.2 Product Portfolio 15.3.2 Condair Group AG 15.3.2.1 Company Overview 15.3.2.2 Product Portfolio 15.3.3 Danby 15.3.3.1 Company Overview 15.3.3.2 Product Portfolio 15.3.4 DeLonghi Appliances S.r.l 15.3.4.1 Company Overview 15.3.4.2 Product Portfolio 15.3.4.3 Financials 15.3.4.4 SWOT Analysis 15.3.5 General Filters Inc. 15.3.5.1 Company Overview 15.3.5.2 Product Portfolio 15.3.5.3 Financials 15.3.5.4 SWOT Analysis 15.3.6 Hitachi Ltd. 15.3.6.1 Company Overview 15.3.6.2 Product Portfolio 15.3.6.3 Financials 15.3.6.4 SWOT Analysis 15.3.7 Honeywell International Inc. 15.3.7.1 Company Overview 15.3.7.2 Product Portfolio 15.3.7.3 Financials 15.3.8 Midea Group 15.3.8.1 Company Overview 15.3.8.2 Product Portfolio 15.3.8.3 Financials 15.3.8.4 SWOT Analysis 15.3.9 Panasonic Corporation 15.3.9.1 Company Overview 15.3.9.2 Product Portfolio 15.3.10 Research Products Corporation 15.3.10.1 Company Overview 15.3.10.2 Product Portfolio 15.3.11 TCL Technology 15.3.11.1 Company Overview 15.3.11.2 Product Portfolio 15.3.11.3 Financials 15.3.11.4 SWOT Analysis 15.3.12 Therma-Stor LLC 15.3.12.1 Company Overview 15.3.12.2 Product Portfolio 15.3.12.3 Financials

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