Dehumidifier Market is expected to reach USD 6.57 Bn by 2030, as per Maximize market Research.

(IT-NEWSWIRE.COM, August 15, 2024 ) Dehumidifier Market was valued USD 4.16 Bn in 2023 and is expected to reach USD 6.57 Bn by 2030, at a CAGR of 6.75% during a forecast period.

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The increasing demand for dehumidifiers for hotels, restaurants, and cold storages are expected to drive the Dehumidifier Market. With rising awareness about health and environmental changes are expected to be a driving factor. The high production cost of the Dehumidifier may be a hindrance to the Dehumidifier Market.

North America dominated the Dehumidifier Market in 2023, followed by Asia-Pacific. Europe Dehumidifier Market is expected to show considerable growth in the forecast period.

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Dehumidifier Market Segmentation

by Product

• Ventilating

• Heat Pump

• Chemical Absorbent

by Technology

• Sorption

• Warm Condensation

by Application

• Residential

• Commercial

• Industrial

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Dehumidifier Market Key Players:

• Sunpentown International Inc.

• 2.Thermostor LLC

• Haier group

• Honeywell group

• Keystone

• EBAC

• Frigidaire

• TCL

• Tosot

• Panasonic

Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:

humidifier Market size was valued at USD 2.52 Bn in 2023 and the total revenue is expected to grow at 5.8% through 2024 to 2030, reaching nearly US$ 3.75 Bn.

Residential Dehumidifiers Market size was valued at USD 1319.64 Mn. in 2023 and expected to reach USD 1678.95 Mn. by 2030 at a CAGR of 3.5% during the forecast period.

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Dehumidifier Market is expected to reach USD 6.57 Bn by 2030, as per Maximize market Research.