North America Dehumidifier Market to reach US$ 1,110.6 million by 2028, Focusing on top key players like Haier Group Corporation, Electrolux AB, LG Electronics, Whirlpool Corporation, De’Longhi Appliances S.r.l.

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.

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Key companies profiled in this research study are:
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

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.

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

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.

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Major Features of North America Dehumidifier Market Report:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Dehumidifier Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the North America Dehumidifier Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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