According to a market report by Lucintel, the future of the desiccant dehumidifier market looks promising with opportunities in the industrial and commercial sectors. The global desiccant dehumidifier market is expected to reach an estimated $749.0 million by 2028 with a CAGR of 4.5% from 2023 to 2028. The major drivers for this market are increasing demand for accurate and reliable humidity control in the pharmaceutical production units and growing concern towards control of humidity levels across various end use industries, such as electronics, construction, and food and beverage industries.
In this market, fixed or mounted and portable are the two types of desiccant dehumidifier used by various end use industries. Lucintel forecasts that fixed or mounted will remain the larger segment over the forecast period due to the extensive use of fixed desiccant dehumidifiers, owing to their greater capacity, centralized operation, and longer lifespan, in various manufacturing units, warehouses, water treatment facilities, and lithium-ion battery production plants.
Within this market, industrial is expected to remain the larger end use industry segment due to the increasing application of desiccant dehumidifiers in various industries, such as pharmaceuticals, manufacturing, food and beverage, energy and utility, and electronics.
APAC is expected to witness the highest growth over the forecast period due to rapid industrialization and urbanization, expanding constructional activities, and the widespread adoption of eco-friendly desiccant dehumidifiers in the region.
Munters, Bry-Air, Condair Group, Cotes, Seibu Giken DST, Trotec, and DehuTech are the major suppliers in the global desiccant dehumidifier market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global desiccant dehumidifier market by product type, application, end use industry, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Desiccant Dehumidifier Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the desiccant dehumidifier market by product type, application, end use industry, and region, as follows:
Desiccant Dehumidifier Market by Product Type [Shipment Analysis by Value from 2017 to 2028]:
Fixed or Mounted Desiccant Dehumidifiers
Portable Desiccant Dehumidifiers
Desiccant Dehumidifier Market by Application [Shipment Analysis by Value from 2017 to 2028]:
Energy
Food and Pharmaceuticals
Electronics
Chemical
Construction
Others
Desiccant Dehumidifier Market by End Use Industry [Shipment Analysis by Value from 2017 to 2028]:
Industrial
Commercial
Others
Desiccant Dehumidifier Market by Region [Shipment Analysis by Value from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global
Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis,
Growth Consulting, M&A, and
Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit
www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global desiccant dehumidifier market by product type (fixed or mounted desiccant dehumidifier and portable desiccant dehumidifier), application (energy, food and pharmaceutical, electronics, chemical, construction, and others), end use industry (industrial, commercial, and others),and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?