PUBLISHER: Allied Market Research | PRODUCT CODE: 1140013
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140013
The global industrial dehumidifier market size was $839.3 million in 2021, and is projected to reach $1,411.7 million by 2031, registering a CAGR of 5.2% from 2022 to 2031. Industrial dehumidifier plays an instrumental role in keeping the industrial premises moisture-free. It forces ambient air toward some moisture adsorbing chemical or condenser coil, which condenses the moisture in the ambient air.
Industrial dehumidifiers are available in a wide range of sizes and capacities in the market, thereby making them applicable in large- and small-scale industry. These dehumidifiers are essential for keeping the industrial premises free from excessive humidity, which, in turn, inhibits the growth of bacteria, molds, and pathogens.
The rapid growth in the manufacturing sector is contributing to rise in demand for industrial dehumidifiers. Moreover, increase in disposable income of the global population has significantly contributed to the growth of various sectors such as electronics industry and global trade. This factor has positively affected the expansion of the industrial dehumidifier market. In addition, the pharmaceutical sector is witnessing rapid growth due to increase in elderly population and rise in adoption of unhealthy lifestyle. Moreover, rise in online food retail has significantly boosted the food & beverages sector. Such trends are fueling the demand for industrial dehumidifiers in the pharmaceutical and food & beverages sector, as they are major end users of industrial dehumidifiers. However, high electricity consumption by industrial dehumidifiers is serving as a major restraint of the market. Furthermore, expansion of small-scale industries in emerging economies and technological developments that have enabled industrial dehumidifiers to be more efficient are anticipated to provide lucrative opportunities for the growth of the market.
The global industrial dehumidifier market is segmented on the basis of type, installation type, end-user industry, and region. By type, the market is categorized into refrigerant, adsorption, and others. On the basis of installation type, it is bifurcated into floor and ceiling. Depending on end-user industry, it is divided into food & beverages, pharmaceuticals, electronics, warehousing, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market have adopted key strategies, such as product launch, to strengthen their market outreach and sustain the stiff competition in the market.
Competition Analysis
Key companies profiled in the industrial dehumidifier market report include Bry-Air, Carrier Global Corporation, Condair Group, Dantherm Group, Hangzhou Conloon Electric Co. Ltd., Johnson Controls International Plc, Munters Group AB, Refcon Technologies and Systems Pvt. Ltd., Trane Technologies Plc, and Zhejiang Oulun Electric Co., Ltd.
Key Benefits For Stakeholders
Key Market Segments
By Type
By Installation
By End User Industry
By Region