NEW YORK, November 29, 2016 /PRNewswire/ --
Depleting air quality, increasing industrial and commercial activities and growing number of respiratory diseases to drive global dehumidifier market through 2021
According to a report released at TechSci Research, "Global Dehumidifier Market By Type, By End Use, Competition Forecast & Opportunities, 2011 - 2021, the global market of dehumidifier is forecast to record sales worth $3.1 Billion by 2021. Rapid urbanization, increasing purchasing power, expanding urban population base and depleting air quality are expected to aid global dehumidifier market during forecast period. Moreover, expected large-scale adoption of dehumidifiers in industrial and commercial sectors is anticipated to positively influence global dehumidifier market during forecast period.
Browse 9 market data Tables and 40 Figures spread through 155 Pages and an in-depth TOC on
"Global Dehumidifier Market"
According to the International Monetary Fund (IMF), global growth was estimated at 3.1% in 2015, and it is projected to be 3.4% in 2016 and 3.6% in 2017. In advanced economies, a modest recovery is expected to continue; while developing economies are forecast to register higher growth over the next five years, as indicated by the IMF. Hence, with improving economic scenario, the disposable income of consumers is anticipated to increase, and people will be more inclined towards purchasing products like dehumidifiers in the coming years.
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"On the basis of technology used, global dehumidifier market has been broadly segmented into four categories, namely, Desiccant, Refrigerant, Thermoelectric & Others. Among these categories, desiccant dehumidifier dominated the global dehumidifier market in 2015, due to its extensive applications in industrial and commercial sectors. They are easy and convenient to use, and are inexpensive to maintain. North America is the largest demand generator of dehumidifier across the world. However, the scenario is expected to change during 2011-2015, and Asia-Pacific region is forecast to emerge out as the leader in global dehumidifier market during forecast period.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"Global Dehumidifier Market By Type, By End Use, Competition Forecast & Opportunities, 2011 - 2021"has evaluated the future growth potential of global dehumidifier market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities in global dehumidifier market.
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