About Residential Dehumidifiers
A dehumidifier is an electric appliance that reduces the level of humidity in the air. It is used mostly in regions with elevated temperatures and high humidity levels. High moisture content in the air creates unpleasant conditions, both for industrial processes and residential applications. Thus, it is important to maintain an adequate amount of moisture content in the air. A dehumidifier takes in air, removes the moisture content by passing it through coolants, and then blows back the purified air.
Technavio’s analysts forecast the global residential dehumidifiers market to grow at a CAGR of 4.62% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Residential Dehumidifiers Market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Residential Dehumidifiers Market 2017-2021
Technavio recognizes the following companies as the key players in the global residential dehumidifiers market: Frigidaire, Haier, Honeywell, and LG.
Other Prominent Vendors in the market are: Midea, Danby, Gree Electrical Appliances, Friedrich Air Conditioning, Aprilaire, Sunpentown International, General Filters, Therma-Stor, and De’Longhi Appliances.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is development of innovative technologies and techniques. Homeowners are becoming increasingly health conscious and aware of the benefits of humidity control for treating conditions such as allergies and asthma. Several manufacturers are discussing how clothing, food products, and even books can be kept in better surroundings and not develop dust mites or mildew.”
According to the report, one driver in the market is new construction methods for efficient living spaces. Most urban areas are coming up with modern and efficient building designs to save on energy costs and make the homes more airtight. However, this has increased health issues as the possibility of air entering or leaving the home is reduced, which eventually leads to the growth of mold, fungus, dust mites, and other toxic species. They cause various health problems such as asthma and allergies. To overcome these problems, builders are now beginning to consider the idea of striking the right balance between health and sustainability by installing dehumidifiers, which absorb excess moisture in the air and maintain the humidity levels, even in compact places.
Further, the report states that one challenge in the market is product recalls owing to technical issues. In recent years, many manufacturers have recalled their dehumidifiers due to fires and other damages that have occurred while using dehumidifiers. For instance, portable dehumidifiers by Gree Electric Appliances of China were recalled in 2013. According to the company, the dehumidifiers, sold from January 2005 to August 2013 could overheat, smoke, and catch fire. Gree manufactured the recalled dehumidifiers with brand names Danby, De’Longhi, Fedders, Fellini, Frigidaire, GE, Gree, Kenmore, Norpole, Premiere, Seabreeze, SoleusAir, and SuperClima.
Frigidaire, Haier, Honeywell, LG, Midea, Danby, Gree Electrical Appliances, Friedrich Air Conditioning, Aprilaire, Sunpentown International, General Filters, Therma-Stor, and De’Longhi Appliances.