North America accounted for about 31.7% of the air humidifier market and is expected to grow at the highest CAGR of 4.2%.
WILMINGTON, NEW CASTLE, DELAWARE 19801 USA, UNITED STATES, February 14, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, "Global Air Humidifier Market by Type, Distribution Channel, and Region: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"The global air humidifier market size was valued at $2,635 million in 2017 and is projected to reach $3,811 million by 2025, registering a CAGR of 4.7% from 2018 to 2025. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/2498
The residential segment is anticipated to witness substantial growth owing to increase in need to maintain indoor air humidity in winter season. In addition, rise in awareness about ill effects of dry air such as dry skin, sinus congestion, dry throat, nose irritation, dry cough, bloody noses, and others, is expected to drive the air humidifier market growth.
The United States Department of Labor, and European Union has formulated strict rules and regulations to maintain humidity at commercial and industrial places, which is expected to further boost the market growth. North America and Europe were early adopters of air humidifier, thereby collectively accounting for 59.2% share in 2017.
In terms of growth, Asia-Pacific is expected to be a lucrative market, due to the significant increase in adoption of air humidifiers in China, India, and Japan. Growth in adoption of humidifiers in various end-user industries such as healthcare, paper, textile, and others, drives the market in the region. Air humidifiers are widely used in commercial spaces such as offices, and hotels as well as in households, to maintain a healthy environment. Residential usage of air humidifier accounted for the highest revenue share, constituting over 45.6% in 2017.
Increase in health awareness is the key driver for the air humidifier market growth. Moreover, change in lifestyle, and rapid growth in the commercial and residential construction sector, and government standards and regulations to maintain humidity are the other factors supplementing the growth of the global air humidifier market. In addition, adoption of new technology by the consumers and awareness of static electricity issue among all the industries are expected to open new avenues for the air humidifier market players in the future. However, regular maintenance of internal parts of the air humidifier and awareness about the side effects of white dust that is produced after the evaporation of minerals present in water are expected to hamper the growth of the global air humidifier market.
The global air humidifier market is segmented based on type, application, and region. Based on product type it is classified as vaporizers, impeller humidifier, ultrasonic humidifier, and wick/evaporative systems. The application segment comprises of commercial, industrial, and residential. Based on region, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐: https://www.alliedmarketresearch.com/checkout-final/2f1372bc2939f9508275d421b38ab496
Based on region, the air humidifier market is dominated by North America, particularly owing to vast presence of manufacturers and product promotion from regulatory bodies such as the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) and United States Environmental Protection Agency (USEPA), is expected to further drive the air humidifier industry growth. In addition, LAMEA is expected to witness a 5.1% CAGR during the forecast period.
The key players operating in the air humidifier industry are Armstrong International, Inc., CAREL INDUSTRIES S.p.A., Condair Group, COWAYCO.,LTD., Honeywell International Inc., Koninklijke Philips N.V., MITSUBISHI HEAVY INDUSTRIES, LTD. (MHI), Munters, Skuttle Indoor Air Quality Products, and United Technologies Corp..
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐๐จ๐ซ ๐๐ข๐ซ ๐๐ฎ๐ฆ๐ข๐๐ข๐๐ข๐๐ซ ๐๐๐ซ๐ค๐๐ญ:
โ This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global air humidifier market size from 2018 to 2025 to identify the prevailing market opportunities.
โ The key countries in all the major regions are mapped based on their market shares.
โ Porterโs five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier buyer network.
โ A comprehensive analysis of factors that drive and restrict the growth of the air humidifier market is provided.
โ An in-depth analysis of the global air humidifier market helps determine the prevailing market opportunities.
โ The report includes details of the analysis of the regional and global markets, key players, market segments, application areas, and growth strategies.
๐๐๐๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐ข๐ซ ๐๐ฎ๐ฆ๐ข๐๐ข๐๐ข๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Mergers and acquisitions should be well-planned by identifying the best manufacturer.
โข Sort new clients or possible partners into the demographic youโre looking for.
โข Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
โข Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
โข To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
โข Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
โข To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ "๐๐๐ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
โ Europe Dehumidifier Market Opportunity Analysis and Industry Forecast, 2020-2027
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https://www.alliedmarketresearch.com/air-treatment-products-market
โ Residential Dehumidifier Market Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/residential-dehumidifier-market-A08033
โ Impeller Humidifier Market Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/impeller-humidifier-market-A14359
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David Correa
Allied Market Research
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