Dehumidifiers market Growth and Segments,2014-2020 FMI | Página 3

Report
Description
Report Description
Dehumidifiers are the equipment or devices which help in maintaining desired humidity
levels in the system. Industrial, residential and commercial sectors require to maintain
controlled humidity level, which is achieved by dehumidifiers. Dehumidifiers control the
level of humidity in air by extracting excess moisture from the air. As a household
appliance dehumidifier are also used to eliminate musty odourrequired for health and
comfort reasons. Large dehumidifiers are generally used in commercial buildings such as
shopping malls to keep humidity levels in check. Some of the critical uses of
dehumidifiers in industrial sector can be found in thruster rooms, pump rooms, pipe
tunnels, painting and preservation industry. As the moisture content in environment is
increasing globally the control over humidity level is becoming vital in commercial and
industrial sectors. Some of the drivers identified in dehumidifiers market are changing
climate conditions, growing urbanization and increasing industrial development.
The global dehumidifiers market is estimated to grow two fold by 2020 with a CAGR of
6% to 8%. The global dehumidifiers market is segmented into three segments on the
basis of type, application and the geographical splits. The geographical segments of
global dehumidifiers market includes seven sub-segment which are North America, South
America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa.
North America dehumidifiers market commands largest share in 2013 in global market,
followed by Europe and Asia-Pacific. However, in terms of growth rate, Asia Pacific
dehumidifiers market is expected to grow higher with double digit CAGR for the forecast
period. By 2020 the Asia pacific is projected to become largest geographical segment
leaving behind the America and Europe regions in global dehumidifiersmarket.