Europe Dehumidifier Market Insights Forecasts to 2032
- The Europe Dehumidifier Market Size was valued at USD 33.65 Billion in 2022.
- The Market is Growing at a CAGR of 3.7% from 2022 to 2032.
- The Europe Dehumidifier Market Size is expected to reach USD 48.59 Billion by 2032.
- Europe is Expected to Grow the fastest during the forecast period.
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The Europe Dehumidifier Market Size is expected to reach USD 48.59 Billion by 2032, at a CAGR of 3.7% during the forecast period 2022 to 2032.
A dehumidifier is a device that is an air conditioning appliance that lowers and regulates the humidity level in the environment. Dehumidifiers remove water from the air that flows through them. This is frequently done for hygiene or thermal convenience factors, or to remove foul smells and prevent mold development by draining moisture from the surrounding atmosphere. It is able to be employed in residential, commercial, or industrial settings. Dehumidifiers are classified into two types: refrigerative dehumidifiers and desiccant dehumidifiers, with further new designs. Growing consumer recognition of the importance of maintaining an active lifestyle both at residence and at work is expected to drive sales of dehumidifiers and other humidity control devices, such as air conditioning units and HVAC systems. Manufacturers and distributors concentrate on integrating cutting-edge production technology while offering a diverse range of personalized products to makers.
This research report categorizes the market for Europe Dehumidifier Market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Europe Dehumidifier Market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Europe Dehumidifier Market.
Europe Dehumidifier Market Report Coverage
|Market Size in 2022:
|USD 33.65 Billion
|Forecast Period 2022-2032 CAGR:
|2032 Value Projection:
|USD 48.59 Billion
|Historical Data for:
|No. of Pages:
|Tables, Charts & Figures:
|By Product Type, By Technology, By Application, By Country.
|De’Longhi Appliances S.r.l., DESICCANT TECHNOLOGIES GROUP, Condair Group, Airwatergreen AB, AB ELECTROLUX, AprilAire, General Filters, Inc., Honeywell International Inc., GE Appliances, Munters, LG Electronics, Inc., BERLIN BRANDS GROUP, Seibu Giken DST AB, MEACO (U.K.) LIMITED, Whirlpool Corporation, Wood’s SE.
|Pitfalls & Challenges:
|COVID-19 Empact, Challenge, Future, Growth, & Analysis
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Financial prosperity and higher spending power are important elements driving the expansion of the European dehumidifier market. A significant rise in consumer awareness of health and comfort, an increase in the real estate industry, and ongoing changes in environmental circumstances are expected to drive forward the development of the Europe dehumidifier market. Furthermore, suppliers place a great value on delivering businesses with high-quality products that have been thoroughly tested for endurance, corrosion-resistant properties, and reliable functioning. Rising public understanding of wellness and physical activity can be attributed to an increase in demand for dehumidifiers in Germany. Moreover, as adults' and infants' allergy susceptibility increases, residential dehumidifiers are starting to gain popularity among consumers. Artificial intelligence (AI), the Internet of Things (IoT), remote control access, and automated control systems are transforming the dehumidification business. Companies want rapid data as well as practical solutions to boost productivity while lowering maintenance and manufacturing costs.
- In 2022, the portable segment is expected to hold the largest share of Europe Dehumidifier market during the forecast period.
Based on the product type, the Europe Dehumidifier Market is classified into portable and fixed. Among these, the portable segment is expected to hold the largest share of the Europe Dehumidifier market during the forecast period. The increasing diversity of manufacturing plants, transportation and storage facilities, semiconductor fabrications, restaurants, and hotels across Europe is attributable to the segment's rise. The increased use of electronic equipment and intelligent devices is increasing the demand for semiconductor production facilities. As a result, increased demand for fixed dehumidifiers for such production facilities is projected to propel market expansion over the period of forecasting.
- In 2022, the desiccant dehumidifier segment is witnessing a higher growth rate over the forecast period.
On the basis of technology, the Europe Dehumidifier Market is segmented into refrigerative dehumidifier, desiccant dehumidifier, and electronic/heat pump dehumidifier. Among these, the desiccant dehumidifier segment is witnessing a higher growth rate over the forecast period. Desiccant dehumidifiers suck damp air through chambers consisting of desiccant additives such as silicone gel, glycols, and halide salt solutions. In Europe, these devices have been extensively utilized and approved in commercial and industrial sectors requiring specialized humid conditions, including as food processing, storage and warehousing, and pharmaceutical manufacture.
- In 2022, the industrial segment accounted for the largest revenue share of more than 42.3% over the forecast period.
On the basis of application, the Europe Dehumidifier Market is segmented into residential, commercial, and industrial. Among these, the industrial segment dominates the market with the highest revenue share of 42.3% over the forecast period. The increase in manufacturing for industrial purposes is attributable to the segment's development. Industrial dehumidifiers have an outstanding moisture extraction capacity, a tough structure, and the required safeguards to ensure reliable performance and satisfy the demanding requirements of industrial applications. The expanding population raises the need for processed foods, clothing, pharmaceuticals, and other consumer items. This increased demand is likely to increase the need for additional manufacturing facilities and increase demand for dehumidifiers.
The report offers the appropriate analysis of the key organizations/companies involved within the Europe Dehumidifier Market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- De’Longhi Appliances S.r.l.
- DESICCANT TECHNOLOGIES GROUP
- Condair Group
- Airwatergreen AB
- AB ELECTROLUX
- General Filters, Inc.
- Honeywell International Inc.
- GE Appliances
- LG Electronics, Inc.
- BERLIN BRANDS GROUP
- Seibu Giken DST AB
- MEACO (U.K.) LIMITED
- Whirlpool Corporation
- Wood’s SE
Key Target Audience
- Market Players
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
This study forecasts revenue at global, regional, and country levels from 2021 to 2032. Spherical Insights has segmented the Europe Dehumidifier Market based on the below-mentioned segments:
Europe Dehumidifier Market, By Product Type
Europe Dehumidifier Market, By Technology
- Refrigerative Dehumidifier
- Desiccant Dehumidifier
- Electronic/Heat Pump Dehumidifier
Europe Dehumidifier Market, By Application
Europe Dehumidifier Market, By Country
- Rest of Europe
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