The Global Dry Room Dehumidifier Market Growth Accelerated By Rising Construction Activities
Dry Room Dehumidifier Market |
Dry Room Dehumidifiers are appliances used to remove excess moisture from enclosed areas by condensing water vapor from the air. They are essential for maintaining a dry room environment in applications such as warehouses, storage rooms, basements, and greenhouses to protect valuables from moisture damage. The rising construction of commercial and residential spaces has boosted the demand for dry room dehumidifiers to control humidity levels.
The global Dry Room
Dehumidifier Market is estimated to be valued at US$ 310 Mn in 2023 and is expected to exhibit a CAGR of 18% over the forecast period 2023 to 2030, as
highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing construction activities across both residential and commercial
sectors have been a key driver boosting the demand for dry room dehumidifiers
over the past few years. With rapid urbanization and increasing disposable
incomes, construction projects for malls, warehouses, factories and offices
have surged globally. Dry room dehumidifiers are widely used in the storage and
inventory areas of these facilities to protect materials and equipment from
moisture damage. Advanced dehumidifying technologies and improved designs of
these appliances have further increased their adoption in construction
projects. The rising construction sector is expected to remain a major growth
propelling factor for the dry room dehumidifier market over the forecast
period.
Segment Analysis
The global dry room dehumidifier market is dominated by commercial grade dry
room dehumidifiers sub segment. Commercial grade dehumidifiers are extensively
used in pharmaceutical manufacturing facilities, healthcare facilities,
museums, server rooms, and industrial facilities where precise humidity control
is critical for product quality and process efficiency. Commercial grade dry
room dehumidifiers offer higher moisture removal capacities and are built to run
continuously with robust components that ensure long operational life even in
high use conditions.
Key Takeaways
The global Dry
Room Dehumidifier Market Demand is expected to witness high growth over
the forecast period of 2023 to 2030. Rapid industrialization and development of
advanced manufacturing facilities along with strict regulations regarding
humidity control in manufacturing processes are driving the demand for dry room
dehumidifiers. The global dry room dehumidifier market is estimated to be valued
at US$ 310 Mn in 2023 and is
expected to exhibit a CAGR of 18% over the forecast period 2023 to 2030.
Regional analysis
The Asia Pacific region currently dominates the dry room dehumidifier market
and is expected to witness fastest growth over the forecast period. Countries
like China, Japan, India are witnessing significant investments and expansion
of manufacturing plants for sectors like pharmaceuticals, food processing,
electronics where dry room dehumidifiers are prominently used. Growth in these end
user industries will drive the demand for dry room dehumidifiers in the Asia
Pacific region.
Key players
Key players operating in the dry room dehumidifier market are Ashok Leyland,
General Motors Company, Bosch Rexroth AG, Xiamen Golden Dragon Bus Co., Ltd.,
Daimler AG, Volvo Group, Volkswagen AG, Mahindra and Mahindra Ltd., Toyota
Motor Corporation, and Tata Motors Ltd.
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