Global Air Humidifier Market – Industry Analysis, Size, Share, Growth, Forecast 2024

Market Study Report adds a new Air Humidifier Market Research Report for the period of 2018-2024 that shows the growth of the market is rising at a Steady CAGR to 2024.

Industrial & commercial air humidifier market is anticipated to surpass USD 1.5 billion by 2024. Shifting trends towards its usage mainly in hospitals, manufacturing, operation theaters and process data centers will fuel market growth. In 2017, residential segment dominated the industry volume share accounting over 87% and is anticipated to continue its dominance over the forecast timeframe.

Ability of the product offering superior humidification, reducing risk of causing and aggravating heath issues and low static electricity are among key features likely to increase its demand from operation theaters, process data centers, hospitals and manufacturing industries. Moreover, ease in product usage along with effortless installation process, particularly for portable humidifier will escalate air humidifier market growth.

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Dry atmospheric conditions tend to reduce the operating efficiency of the production equipment and other electronic devices. Explosive manufacturing industry will witness noticeable demand owing to presence of dry environment & static electric may result in operational hazards.
Positive application in healthcare, maintaining optimum humidity level, offering prevention from dryness and respiratory diseases among the patients. Moreover, the product is widely implemented in printing and paper manufacturing industry reducing the chances of paper damage from shrinking and paper curling.

Portable air humidifier market dominated the industry volume share accounting at over 90% in 2017. The dominance can be credited to ease in installation, cost competitiveness, and convenience offered by these devices. Warm mist portable humidifier contributed around 20% of overall revenue generation in 2017.

Silent operation along with less maintenance are the prime factors driving ultrasonic air humidifier industry growth. Whole house systems offer compatibility with the air duct systems and superior humidification depending upon the commercial coverage area. In addition, reduced maintenance expenditure along with efficient power consumption offered by these systems will further support the business growth.

North America air humidifier market was valued at USD 700 million in 2017 and is estimated to witness around 3% CAGR over the forecast timeframe. The dominance can be attributed to high consumer awareness, vast presence of manufacturers and product promotion from regulatory bodies including ASHRAE and USEPA. Strong purchasing power in conjunction with cold climatic region will further fuel the market growth. Asia Pacific will witness strong growth owing to rising awareness and spending in the region.

Few notable industry players for air humidifier market includes Carel Industries, Armstrong International, Carrier, Boneco and Dristeem. Other key participants include Neptronic, Philips, Honeywell, Vornado, P&G, Stadler Foam, Nortec Humidity and Winix. Strong investment in R&D enhancing the product portfolio and merger & acquisition are among key strategies adopted by manufacturers improving their market share.

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Table of Content:

Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast parameters
1.2. Data Sources
1.2.1. Secondary
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Air humidifier industry 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Air Humidifier Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Suppliers
3.3.2. Manufacturers
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
3.4. Technology & innovation landscape
3.5. Pricing analysis
3.5.1. By region
3.5.1.1. North America
3.5.1.2. Europe
3.5.1.3. Asia Pacific
3.5.1.4. Latin America
3.5.1.5. MEA
3.5.2. Cost structure analysis

For more details about this report: https://www.marketstudyreport.com/reports/air-humidifier-market

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