According to a new report, published by KBV research, The Global Desiccant Dehumidifier Market size is expected to reach $853 Million by 2030, rising at a market growth of 5.9% CAGR during the forecast period.
The Portable segment is showcasing a CAGR of 8% during (2023 - 2030). A portable product operates in an area without the need for ducting to be attached. The increased demand from the residential sector is a significant factor in the portable segment development. The significance of indoor air quality and the growing health awareness of consumers are affecting consumer buying habits and driving up demand for home moisture control solutions. Additionally, growing consumer disposable income, expanding product awareness among the general public, and new product introductions on the market all support the segment's development.
The Energy segment is leading the Global Desiccant Dehumidifier Market by Application in 2022, thereby, achieving a market value of $282.8 Million by 2030. The desiccant dehumidifier is employed in the adsorption process, which produces energy. Water atoms are adsorbed onto the desiccant material's surface during this process. The relative humidity (RH) levels within the conditioned environment may be significantly reduced with the usage of an industrial desiccant dehumidifier, which can also increase comfort while using less energy.
The Commercial segment has shown the growth rate of 6.6% during (2023 - 2030). This is mainly related to the increase in demand for dehumidifiers in hotels, restaurants, retail spaces, healthcare facilities, swimming pools, supermarkets, etc. Mold and fungal development depend on relative humidity and moisture regulation. Hence these goods are critical for commercial enterprises. Hypermarkets, supermarkets, and food shops all utilize dehumidifiers more often. Absolute humidity and temperature requirements must be met for food retailing to keep items fresh.
The North America market dominated the Global Desiccant Dehumidifier Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $296.4 Million by 2030. The Europe market is showcasing a CAGR of 5.6% during (2023 - 2030). Additionally, The Asia Pacific market would register a CAGR of 6.4% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/desiccant-dehumidifier-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Parker Hannifin Corporation, Trane Technologies PLC, Atlas Copco AB, SPX Flow, Inc., Sullair, LLC (Hitachi Group), Condair Group AG, Airwatergreen AB, Sunpentown, Inc., Fisen Corporation and Trotec GmbH (Dantherm Group) (Deutsche Beteiligungs AG).
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Companies Profiled
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