SAN FRANCISCO, November 7, 2018
SAN FRANCISCO, November 7, 2018 /PRNewswire/ --
The global dehumidifier market size is expected to reach USD 4.3 billion by 2025, according to a new study conducted by Grand View Research, Inc., registering a 6.7% CAGR during the forecast period. Rising demand for dehumidifiers in hotels, restaurants, and cold storages to minimize food wastage caused due to humid air is expected to drive the market.
Increasing awareness among consumers toward health, along with extensive research and development activities carried out by market players, are anticipated to fuel market growth. Dehumidifiers reduce humidity by eliminating water content from the air. They are widely used for comfort or health reasons.
Recent technological developments are focused on energy-efficient dehumidifiers. In addition, introduction of cloud-based technology that allows users to control dehumidifiers through smartphones, tablets, and computers is expected to accelerate market growth. Development of advanced dehumidifiers that automatically calculate humidity level and set the functioning accordingly is also expected to boost the dehumidifier market over the forecast period.
Stringent legal and regulatory standards have compelled manufacturers to develop energy-efficient dehumidifiers. This is further estimated to benefit the global market. Rising demand for portable dehumidifiers in residential and commercial applications is expected to drive growth.
Browse full research report with TOC on "Dehumidifier Market Size, Share & Trends Analysis Report By Product (Ventilating, Chemical Absorbent), By Technology (Sorption, Warm Condensation), By Application, And Segment Forecasts, 2018 - 2025" at: https://www.grandviewresearch.com/industry-analysis/dehumidifier-market
Further Key Findings From the Report Suggest:
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Grand View Research has segmented the global dehumidifier market on the basis of product, technology, application, and region:
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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