March 31, 2020

Humidifiers Market will be growing at a CAGR of 4.2% during the forecast period from 2018 to 2026

According to a new market report published by Credence Research, Inc., “Global Humidifiers Market – Growth, Future Prospects and Competitive Landscape, 2018 – 2026”, the global market for humidifiers is expected to grow by 4.2 per cent CAGR during the forecast period from 2018 to 2026.

Product Insights

The global market for humidifiers was valued at US$ 2.03 billion in 2017 and is likely to see steady growth, growing at a CAGR of 4.2% during the forecast period from 2018 to 2026. The humidifiers are mainly used to increase the humidity of the entire building or a single room to provide a healthy and comfortable environment for the occupants. Humidifiers are also used to reduce static electricity, which exemplifies the primary issue for computer storage devices, electronic devices and compact disks. Growing consumer awareness of standardization and maintenance of enhanced air quality in a healthy atmosphere is likely to increase the growth of the global humidifier market in the 2018 to 2026 forecast period.

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The global humidifiers market, based on product type was dominated by the warm-mist humidifiers segment in 2017. The growth of this segment is mainly accredited to the bacteria free environment offered by these devices. Warm-mist humidifiers are intended for creating a warm moisture from heated water. As this type of humidifier functions with warm water instead of cold, it helps fighting off any bacteria that may grow in parts of the humidifier. Further, based on geography, North America led the humidifiers market in 2017. The growth of this region is mainly accredited to the growing awareness among consumers about the importance of maintaining adequate humidity levels. In addition, the presence of government organizations including United States Environmental Protection Agency (USEPA) and American Society of Heating, Refrigeration and Air-conditioning Engineers (ASHRAE) is increasing and promoting the awareness towards usage of humidifiers in the region

Competitive Insights:

The humidifiers manufacturers are adopting several strategies to thrive in the competitive environment. These players are increasingly focusing on differentiating their product offerings through clear and unique value propositions to succeed, survive and remain competitive with their counterparts.  New product developments, partnerships remain the most significant strategies that are been adopted by the key players to gain an edge over others.  

Major players in the humidifiers market include BONECO AG, CAREL INDUSTRIES S.p.A., Armstrong International Inc., Carrier Corporation, DriSteem, Condair Group, Procter & Gamble, Honeywell International Inc., National Environmental Products Ltd., Koninklijke Philips N.V., Vornado Air, LLC, Stadler Form Aktiengesellschaft, Winix Inc., Crane, De’Longhi Appliances S.r.l., Dyson Ltd., Bryant Heating & Cooling Systems, LG Electronics, GE Appliances, and Heaven Fresh USA Inc. among others.

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 [Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also Included]

Report Scope by Segments

By Product Type Segment

  • Warm-mist Humidifiers
  • Cool-mist Humidifiers
  • Ultrasonic Humidifiers
  • Evaporative Humidifiers

By Size Segment

  • Central Humidifiers
  • Console Humidifiers
  • Portable Humidifiers

By End-user Segment

  • Residential
  • Commercial
  • Industrial

By Geography Segment

· North America (the U.S., Rest of North America)

· Europe (U.K., Germany, France, Rest of Europe)

· Asia Pacific (China, Japan, India, Rest of Asia Pacific)

 • Rest of World (Middle East & Africa (MEA), Latin America)

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