by 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 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Dry room dehumidifiers are used to maintain low relative humidity in indoor spaces and remove excess moisture from the air. They are useful for preventing musty odors, mold growth, and structural damage caused by high humidity levels in enclosed areas like basements, attics, warehouses, and more.
Market key trends:
One of the key trends driving the growth of the dry room dehumidifier market is rising construction of green buildings. Green buildings are designed, constructed and operated to reduce energy and water consumption, CO2 emissions and environmental degradation over the buildings’ life cycles. Dry room dehumidifiers play an important role in maintaining proper indoor humidity levels and promoting a healthy indoor environment in green buildings. Their use allows for more effective moisture management without over-drying the interior spaces.
Market key trends:
One of the key trends in the dry room dehumidifier market is the increasing adoption of Internet of Things (IoT)-enabled dehumidifiers. IoT allows dehumidifiers to collect data on humidity levels, temperature, and other parameters and send this data to remote devices. This enables real-time monitoring of dry rooms and provides insights to improve efficiency. IoT-enabled dehumidifiers also allow users to control the devices remotely through smartphones and tablets.
SWOT Analysis
Strengths: Dry room dehumidifiers offer precise humidity control and help maintain required low moisture levels for sensitive materials and equipment. They prevent corrosion and degradation of products stored in dry rooms.
Weaknesses: Dry room dehumidifiers have high initial purchase and installation costs. Regular maintenance and filter replacement also increase operating expenses.
Opportunities: Growing need to control humidity for various applications across industries such as pharmaceuticals, food processing, and electronics presents an opportunity for market expansion. Increasing research on green and energy-efficient dehumidifiers also provides opportunities.
Threats: Availability of cheaper alternatives such as desiccants poses a threat to dry room dehumidifiers. Fluctuations in raw material prices also impact the costs.
Key Takeaways
The Global Dry Room Dehumidifier Market Size is expected to witness high growth, exhibiting CAGR of 6.9% over the forecast period, due to increasing need to control humidity for moisture-sensitive industries. The market size for 2023 is estimated to be US$ 310 Mn.
North America dominated the global dry room dehumidifier market in 2022 with over 30% revenue share owing to strong presence of pharmaceutical and food processing industries demanding humidity control solutions. Europe and Asia Pacific are expected to be the fastest growing regional markets between 2023 to 2030 with increasing manufacturing and industrial activities.
Key players operating in the dry room dehumidifier market are DanDry, Bry-Air, Drymate, DehuTech AB, Aprilaire, Therma-Stor LLC, Santa Fe Products, Surna Inc., and Desert Aire Corp. Aprilaire is a leader in residential dehumidifiers while Bry-Air, Therma-Stor and DehuTech AB dominate the commercial and industrial dry room segments.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.
