
Region:North America
Author(s):Vijay Kumar
Product Code:KROD11302
November 2024
87

By Type: The market is segmented by type into chemical absorbent, refrigerant, and heat pumps. Refrigerant dehumidifiers hold a dominant market share in this segment, attributed to their efficiency in removing moisture from the air and widespread use in residential and commercial applications. Their ability to operate effectively in various temperature ranges makes them a preferred choice among consumers.

By Application: The market is further segmented by application into industrial, commercial, and residential sectors. The residential segment dominates the market share, driven by increasing consumer awareness of indoor air quality and the health benefits of maintaining optimal humidity levels. The rise in residential construction and renovation projects also contributes to the growth of this segment.

The North American dehumidifier market is characterized by the presence of several key players, including LG Electronics Inc., Honeywell International Inc., GE Appliances (a Haier Company), DeLonghi Appliances S.r.l., and Bry-Air Inc. These companies have established strong market positions through extensive product portfolios, technological innovations, and strategic partnerships.

Over the next five years, the North American dehumidifier market is expected to show significant growth driven by continuous technological advancements, increasing consumer demand for energy-efficient appliances, and the expansion of the construction and real estate sectors. The growing awareness of indoor air quality and health benefits associated with optimal humidity levels will further propel market growth.
|
Type |
Chemical Absorbent |
|
Application |
Industrial |
|
Industrial Type |
Food & Beverage Industry |
|
Product |
Fixed |
|
Country |
U.S. |
1.1. Definition and Scope
1.2. Market Taxonomy
1.3. Market Growth Rate
1.4. Market Segmentation Overview
2.1. Historical Market Size
2.2. Year-On-Year Growth Analysis
2.3. Key Market Developments and Milestones
3.1. Growth Drivers
3.1.1. Increasing Awareness of Indoor Air Quality
3.1.2. Rising Concerns About Mold and Allergens
3.1.3. Technological Advancements
3.1.4. Expansion of Construction and Real Estate Sectors
3.2. Market Challenges
3.2.1. High Initial Costs
3.2.2. Energy Consumption Concerns
3.2.3. Technical Challenges
3.3. Opportunities
3.3.1. Technological Advancements
3.3.2. International Collaborations
3.3.3. Expansion into Rural Areas
3.4. Trends
3.4.1. Adoption of IoT
3.4.2. Integration with Smart Home Systems
3.4.3. Increased Use of Energy-Efficient Models
3.5. Government Regulation
3.5.1. Environmental Standards
3.5.2. Compliance Requirements
3.5.3. Certification Processes
3.6. SWOT Analysis
3.7. Stakeholder Ecosystem
3.8. Porters Five Forces
3.9. Competition Ecosystem
4.1. By Type (In Value %)
4.1.1. Chemical Absorbent
4.1.2. Refrigerant
4.1.3. Heat Pumps
4.2. By Application (In Value %)
4.2.1. Industrial
4.2.2. Commercial
4.2.3. Residential
4.3. By Industrial Type (In Value %)
4.3.1. Food & Beverage Industry
4.3.2. Cold Storage
4.3.3. Construction
4.3.4. Others
4.4. By Product (In Value %)
4.4.1. Fixed
4.4.2. Portable
4.5. By Country (In Value %)
4.5.1. U.S.
4.5.2. Canada
4.5.3. Mexico
4.5.4. Rest of North America
5.1. Detailed Profiles of Major Companies
5.1.1. LG Electronics Inc.
5.1.2. Honeywell International Inc.
5.1.3. GE Appliances, a Haier Company
5.1.4. DeLonghi Appliances S.r.l.
5.1.5. Bry-Air Inc.
5.1.6. Danby Products Ltd
5.1.7. Whirlpool Corporation
5.1.8. Munters Group
5.1.9. STULZ Air Technology Systems, Inc.
5.1.10. CondAir Group
5.1.11. Therma-Stor LLC
5.1.12. Resideo Technologies, Inc.
5.1.13. Electrolux AB
5.1.14. Haier Group Corporation
5.1.15. Sunpentown International Inc.
5.2. Cross Comparison Parameters (No. of Employees, Headquarters, Inception Year, Revenue, Product Portfolio, Market Share, R&D Investment, Regional Presence)
5.3. Market Share Analysis
5.4. Strategic Initiatives
5.5. Mergers and Acquisitions
5.6. Investment Analysis
5.6.1. Venture Capital Funding
5.6.2. Government Grants
5.6.3. Private Equity Investments
6.1. Environmental Standards
6.2. Compliance Requirements
6.3. Certification Processes
7.1. Future Market Size Projections
7.2. Key Factors Driving Future Market Growth
8.1. By Type (In Value %)
8.2. By Application (In Value %)
8.3. By Industrial Type (In Value %)
8.4. By Product (In Value %)
8.5. By Country (In Value %)
9.1. TAM/SAM/SOM Analysis
9.2. Customer Cohort Analysis
9.3. Marketing Initiatives
9.4. White Space Opportunity Analysis
Disclaimer Contact UsThe initial phase involves constructing an ecosystem map encompassing all major stakeholders within the North American dehumidifier market. This step is underpinned by extensive desk research, utilizing a combination of secondary and proprietary databases to gather comprehensive industry-level information. The primary objective is to identify and define the critical variables that influence market dynamics.
In this phase, we compile and analyze historical data pertaining to the North American dehumidifier market. This includes assessing market penetration, the ratio of marketplaces to service providers, and the resultant revenue generation. Furthermore, an evaluation of service quality statistics is conducted to ensure the reliability and accuracy of the revenue estimates.
Market hypotheses are developed and subsequently validated through computer-assisted telephone interviews (CATIs) with industry experts representing a diverse array of companies. These consultations provide valuable operational and financial insights directly from industry practitioners, which are instrumental in refining and corroborating the market data.
The final phase involves direct engagement with multiple dehumidifier manufacturers to acquire detailed insights into product segments, sales performance, consumer preferences, and other pertinent factors. This interaction serves to verify and complement the statistics derived from the bottom-up approach, thereby ensuring a comprehensive, accurate, and validated analysis of the North American dehumidifier market.
The North American dehumidifier market is valued at USD 1.23 billion, based on a five-year historical analysis. This valuation is driven by factors such as increasing awareness of indoor air quality, rising concerns about mold and allergens, and technological advancements in dehumidification systems.
Challenges include high initial costs, energy consumption concerns, and technical challenges associated with the operation of dehumidifiers. Additionally, regulatory compliance and the cost of maintaining efficient humidity levels in larger facilities add to the market's challenges.
Key players in the market include LG Electronics Inc., Honeywell International Inc., GE Appliances (a Haier Company), DeLonghi Appliances S.r.l., and Bry-Air Inc. These companies dominate due to their extensive product portfolios, strong brand presence, and innovative solutions tailored to diverse applications.
The market is driven by increasing awareness of indoor air quality, rising concerns about mold and allergens, and technological advancements in energy-efficient dehumidifiers. Additionally, growth in the residential construction and real estate sectors supports market expansion.
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