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(Wireless-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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