North America Dehumidifier Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Heat pumps, Ventilating Dehumidifiers, and Chemical Absorbent Dehumidifiers); Application (Industrial, Commercial, and Residential)
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.
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Market Overview and Dynamics
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
- Haier Group Corporation
- Electrolux AB
- LG Electronics
- Whirlpool Corporation
- De’Longhi Appliances S.r.l.
- General Filters, Inc.
- Sunpentown International Inc.
- Therma-Stor
- Munters
- Resideo Technologies, Inc.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Dehumidifier Market – By Type
1.3.2 North America Dehumidifier Market – By Application
1.3.3 North America Dehumidifier market – By Country
2. North America Dehumidifier Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Dehumidifier Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Expert Opinions
4.4 Ecosystem Analysis
5. North America Dehumidifier Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Adoption of Dehumidifiers in Commercial Space and Residential Sector
5.1.2 Rapid urbanization and growing disposable income
5.2 Market Restraints
5.2.1 High Installation Costs and High Energy Consumption by Dehumidifier
5.3 Market Opportunity
5.3.1 Growing Demand for Industrial Dehumidifiers
5.4 Market Trend
5.4.1 Emergence of Sophisticated Dehumidifier
5.5 Impact Analysis
6. North America Dehumidifier Market – Regional Analysis
6.1 North America Dehumidifier Market Revenue Forecast And Analysis
7. North America Dehumidifier Market Analysis – By Type
7.1 Overview
7.2 Dehumidifier Market Breakdown, By Type (2020 and 2028)
7.3 Heat Pump
7.3.1 Overview
7.3.2 Heat Pump: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
7.4 Ventilating Dehumidifier
7.4.1 Overview
7.4.2 Ventilating Dehumidifier: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
7.5 Chemical Absorbent Dehumidifiers
7.5.1 Overview
7.5.2 Chemical Absorbent Dehumidifiers: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
8. North America Dehumidifier Market Analysis – By Application
8.1 Overview
8.2 Dehumidifier Market Breakdown, By Application (2020 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
8.5 Industrial
8.5.1 Overview
8.5.2 Industrial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
9. North America Dehumidifier Market – Geographic Analysis
9.1 North America: Dehumidifier Market
9.1.1 Overview
9.1.2 North America Dehumidifier Market Revenue and Forecasts to 2028, By Country (%)
9.1.2.1 US: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 US: Dehumidifier Market, by Type
9.1.2.1.2 US: Dehumidifier Market, By Application
9.1.2.2 Canada: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 Canada: Dehumidifier Market, by Type
9.1.2.2.2 Canada: Dehumidifier Market, By Application
9.1.2.3 Mexico: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 Mexico: Dehumidifier Market, by Type
9.1.2.3.2 Mexico: Dehumidifier Market, By Application
10. Impact of COVID-19 Pandemic on North America Dehumidifier Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
11. North America Dehumidifier Market – Industry Landscape
11.1 Overview
11.2 New Development
12. Company Profiles
12.1 Haier Group Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Electrolux AB
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 LG Electronics
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Whirlpool Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 De’Longhi Appliances S.r.l.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 General Filters, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Sunpentown International Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Therma-Stor
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Munters
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Resideo Technologies, Inc
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. US: Dehumidifier Market, by Type –Revenue and Forecast to 2028 (US$ Million)
Table 2. US: Dehumidifier Market, By Application –Revenue and Forecast to 2028 (US$ Million)
Table 3. Canada: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Mexico: Dehumidifier Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico: Dehumidifier Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Glossary of Terms, North America Dehumidifier Market
LIST OF FIGURES
Figure 1. North America Dehumidifier Market Segmentation
Figure 2. North America Dehumidifier Market Overview
Figure 3. Chemical Absorbent Dehumidifiers Segment Held Largest Share of Type of North America Dehumidifier Market
Figure 4. North America Dehumidifier Market – Leading Country Markets (US$ Million)
Figure 5. North America PEST Analysis
Figure 6. Dehumidifier Market – Ecosystem Analysis
Figure 7. North America Dehumidifier Market Impact Analysis of Drivers and Restraints
Figure 8. North America Dehumidifier Market – Revenue Forecast And Analysis – 2020- 2028
Figure 9. Dehumidifier Market Breakdown, By Type (2020 and 2028)
Figure 10. Heat Pump: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 11. Ventilating Dehumidifier: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Chemical Absorbent Dehumidifiers: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Dehumidifier Market Breakdown, By Application (2020 and 2028)
Figure 14. Residential: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Commercial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Industrial: Dehumidifier Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America: Dehumidifier Market, by Key Country – Revenue (2021) (USD Million)
Figure 18. North America Dehumidifier Market Revenue and Forecasts to 2028, By Country (%)
Figure 19. US: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Canada: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Mexico: Dehumidifier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Impact of COVID-19 Pandemic on North America Dehumidifier Market
- Haier Group Corporation
- Electrolux AB
- LG Electronics
- Whirlpool Corporation
- De’Longhi Appliances S.r.l.
- General Filters, Inc.
- Sunpentown International Inc.
- Therma-Stor
- Munters
- Resideo Technologies, Inc
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