Indoor dehumidifiers are used to remove moisture from the indoor air to control the humidity level of air. It is employed to reduce odors, dust, mold spores, pollen, etc. Indoor dehumidifiers provide the best option for use in homes, basements, apartments, and offices. . Indoor dehumidifiers are available in different power specifications as per customer requirements. In addition to this, they are available in different technologies, colors, noise levels, and styles. They are cost effective; require low maintenance; incur no installation costs; and are easy to clean.
Features such as auto defrosting, automatic restart, low power consumption, anti-bacterial containers, easy mobility, temperature sensors, and display of humidity and room temperature are expected to increase the demand for indoor dehumidifiers among end-users during the forecast period.
Factors such as increasing number of households, rising purchasing power of consumers, and rapid product innovations are expected to fuel the global indoor dehumidifiers market during the forecast period.
Growth of construction activities across the world is expected to propel the demand for indoor dehumidifiers globally during the forecast period. Demand for indoor dehumidifiers is expected to increase further in the near future, due to extensive industrialization and technological advancements taking place across regions such as North America, Europe, Middle East & Africa, Asia Pacific, and South America.
The global indoor dehumidifiers market can be segmented based on type, capacity, application, distribution, and geography.
In term of type, the market can be divided into portable and fixed. As compared to fixed dehumidifiers, portable dehumidifier cost effective; require low maintenance; incur no installation costs; and are easy to clean. All these features are expected to augment the portable dehumidifiers market during the forecast period
In term of application, the market can be classified into residential, commercial, and industrial. The commercial segment can be sub-divided into hospitals, corporate offices, retail outlets, schools & colleges, and others. With increase in the construction of commercial structures, such as hotels and offices, the demand for indoor dehumidifiers is expected to rise in the next few years.
In term of distribution channel, the market can be categorized into offline and online. The offline segment can be sub-classified into supermarkets/hypermarkets, branded or independent stores, and others. The online segment is expected to expand at a rapid rate during the forecast period.
Based on geography, the global indoor dehumidifiers market can be segmented into South America, Europe, Middle East & Africa, Asia Pacific and North America. North America is anticipated to hold a major share of the global market during the forecast period, followed by Europe. Asia Pacific is expected to grow at fastest growth rate during the forecast period. Rising construction activities and increasing investments in infrastructure are expected to propel the indoor dehumidifiers market in the Middle East and South America during the forecast period.
The global indoor dehumidifiers market is highly fragmented. Major companies operating in the global market are Desert Aire, DXair / Veri-Dry LLC, Dehumidifier Corporation of America, Seresco Dehumidifiers, Michigan Air Products, Midea Group, Daikin Industries, Ltd, Electrolux AB, Hitachi, Ltd, GE Appliances (a Haier company), De’Longhi Appliances S.r.l., Midea Group Co., Ltd, Panasonic Corporation, Samsung Electronics Co., Ltd., Honeywell International Inc., Weltech Refrigeration Co., Microwell Spol s.r.o., MSP Technology, Aprilaire, QUEST, Blueway, PoolPak LLC, Goodman Manufacturing Company, L.P, Whirlpool and others
According to the current market situation, companies face a high degree of competition. In order to gain a competitive edge in the market, players are focusing on product innovations. This strategy would help them remain competitive in the global indoor dehumidifiers market.