North America Dehumidifier Market

Market Introduction

This research report on the “Dehumidifier Market” provides a holistic view of the market size across major regions. The report further elucidates the key driving factors, restraints, growth opportunities, and future trends pertaining to the market growth.

Moreover, the rapid urbanization and growing disposable income is expected to bolster the market growth during the forecast period.

North America is one of the most significant regions with respect to the adoption of dehumidifiers. Demand for dehumidifiers is relatively high in countries such as the United States, Canada, and Mexico. The US and Canada are among the major markets for dehumidifiers due to the presence of large-scale food & beverages, electronics & semiconductor, and hospitality industry. Smartphones industry in the United States witnessed a considerable decline in their sales. In electronics industry, dehumidifiers help in dealing with problems such as transistor failures, condensation on integrated circuits and corrosion of PCB. With lower production, demand for respective dehumidifiers also suffered proportionally. Owing to international travel ban, tourism industry suffered notably in Canada and Mexico. This impacted the sales of dehumidifiers required at various hotels, gyms, restaurants, theaters, theme parks etc. With lower demand and restrictions of limited workforce at production site, the dehumidifiers market in the North America is also affected from the supply side.

North America Dehumidifier Strategic Insights

Strategic insights for the North America Dehumidifier provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Dehumidifier Report Scope

North America Dehumidifier Regional Insights

The geographic scope of the North America Dehumidifier refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The North America dehumidifier market is projected to reach US$ 1,110.6 million by 2028 from US$ 662.8 million in 2021; it is anticipated to grow at a CAGR of 7.7% from 2021 to 2028. The demand for desiccant dehumidifier is majorly suitable for diverse air and gas dehumidification tasks in industrial, utility, and haulage companies. To secure products and production processes, advanced products such as industrial dehumidifiers are getting used. Value retention of machines, and inventory and buildings; constant protection against corrosion, mold formation and condensation are some mandatory aspects which are considered in industries for product efficiency. This aspect is creating demand for desiccant dehumidifiers in the industrial sectors, which would create wide opportunities of the dehumidifier market during the forecast period.

Key Market Segments

In terms of type, the chemical absorbent dehumidifiers segment accounted for the largest share of the North America dehumidifier market in 2020. Further, based on application, the commercial segment held the largest market share in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the dehumidifier market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report areHaier Group Corporation, Electrolux AB, LG Electronics, Whirlpool Corporation, De’Longhi Appliances S.r.l., General Filters, Inc., Sunpentown International Inc., Therma-Stor, Munters, and Resideo Technologies, Inc.

Reasons to Buy Report

• To understand the North America dehumidifier market landscape and identify market segments that are likely to guarantee a strong return
• To comprehend the ever-changing market landscape and stay ahead in competition
• To efficiently plan merger and acquisition, and partnership deals in the North America dehumidifier market by identifying segments with the most promising probable sales
• To make knowledgeable business decisions from perceptive and comprehensive analysis of the market performance of various segments
• To obtain market revenue forecast of the North America dehumidifier market based on various segments for the period 2021–2028

NORTH AMERICA DEHUMIDIFIER MARKET SEGMENTATION

By Type

• Heat Pumps
• Ventilating Dehumidifiers
• Chemical Absorbent Dehumidifiers

By Application

• Industrial
• Commercial
• Residential

By Country

• North America

US

Canada

Mexico

Companies Mentioned

1. Haier Group Corporation
2. Electrolux AB
3. LG Electronics
4. Whirlpool Corporation
5. De’Longhi Appliances S.r.l.
6. General Filters, Inc.
7. Sunpentown International Inc.
8. Therma-Stor
9. Munters
10. Resideo Technologies, Inc.