The Global Dehumidifier Market size is expected to reach $4.1 billion by 2024, rising at a market growth of 6.5% CAGR during the forecast period

LONDON, August 22, 2018 /PRNewswire/ -- The Global Dehumidifier Market size is expected to reach $4.1 billion by 2024, rising at a market growth of 6.5% CAGR during the forecast period.

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Dehumidifiers are the equipment or devices used in maintaining desired humidity levels. Industrial, residential and commercial setups have the need to maintain controlled humidity levels, and it is successfully achieved with the help of dehumidifiers. Humidity is removed from the air when excess moisture comes into the air, and it is successfully achieved with the help of dehumidifiers.

Growing number of construction activities around the world and technological developments would have a favorable impact on the revenue growth. Additionally, dehumidifiers are largely being used in restaurants to maintain food quality.

Based on Type, the Dehumidifier market is segmented into Heat pumps, Refrigerant dehumidifiers (ventilating dehumidifiers), and Chemical absorbent dehumidifiers (desiccant dehumidifiers). Based on application, the market is segmented into commercial, residential and Industrial. Industrial application further segmented into Food and Beverage Industry, Cold Storage, Construction Industry, and Others (Pharmaceuticals and Manufacturing Processes). The distribution channel segment covers Supermarket, Specialty Store, Online Store, Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include De'Longhi Appliances S.r.I, AB Electrolux (Frigidaire), General Filters, Inc., Haier Group Corporation, Heat Controller, Inc., Honeywell International Inc., LG Electronics, Inc., Sunpentown International Inc., Therma-Stor LLC, and Whirlpool Corporation.

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