The humidifying equipment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Humidifying Equipment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The humidifying equipment market size has grown steadily in recent years. It will grow from $4.12 billion in 2023 to $4.21 billion in 2024 at a compound annual growth rate (CAGR) of 2.0%. The growth in the historic period can be attributed to indoor air quality (iaq) concerns, healthcare industry, industrial applications.
The humidifying equipment market size is expected to see steady growth in the next few years. It will grow to $4.63 billion in 2028 at a compound annual growth rate (CAGR) of 2.4%. The growth in the forecast period can be attributed to energy efficiency, climate change and weather patterns, infection control, residential market. Major trends in the forecast period include smart and iot integration, hybrid systems, customization and scalability.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/humidifying-equipment-global-market-report
Scope Of Humidifying Equipment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Humidifying Equipment Market Overview
Market Drivers –
An increase in the prevalence of diseases such as asthma, sinusitis, and other allergies attributed to dry air has created awareness among customers to maintain specific humidity in the air by using humidifying equipment. For instance, in march 2023, according to the Asthma and Allergy Foundation of America , in 2021, 39.6% of adults ages 18 and older who had asthma reported having one or more asthma attacks in the past year. Humidifying equipment releases steam or water vapor into the air to increase humidity and help individuals avoid issues faced with dry air. Hence, the increasing prevalence of diseases such as asthma, sinusitis, and other allergies to dry air is projected to generate higher demand for humidifying equipment.
Market Trends –
Major players operating in the market are focusing on developing new innovative products to attract a large customer base and maintain their position in the competitive business environment. The humidifying equipment manufacturing companies are incorporating advanced technologies to introduce innovative portable smart products. For instance, in March 2021, Condair Group AG, a Switzerland-based manufacturer of commercial and industrial humidification and evaporative cooling products and systems launched New Evaporative Humidifier Condair MC, a new in-duct evaporative humidifier and cooler. A single unit is capable of supplying up to 360kg/h of humidity and around 245kW of adiabatic cooling to an air handling unit (AHU) from less than 0.15kW of electrical energy.
The humidifying equipment market covered in this report is segmented –
1) By Type: Warm-Mist Humidifier, Cool-Mist Humidifier, Ultrasonic Humidifier, Evaporative Humidifier
2) By Application: Commercial, Industrial, Residential
3) By Distribution Channel: Multi-Brand Stores, Exclusive Stores, Online, Other Distribution Channels
Get an inside scoop of the humidifying equipment market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=3995&type=smp
Regional Insights –
The Asia-Pacific was the largest region in the humidifying equipment market in 2023. North America was the second largest region in the humidifying equipment market. The regions covered in the humidifying equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the humidifying equipment market include Armstrong International Limited, Boneco AG, Carel Industries S.p.A., Crane Co., Condair Group AG, Honeywell International Inc., DriSteem Corporation, Koninklijke Philips N.V., Dyson Ltd, Winix Inc., Guardian Technologies LLC, Carrier Corporation, Levoit Technologies LLC, HoMedics LLC, Richardson-Vicks Inc., Elechomes US Inc., Smartmi International Ltd., Vitruvi US Corp., TruSens LLC, Lasko Products LLC, Sunvalley Group LLC, Aircare Technologies India Pvt. Ltd., Air Innovations LLC, CVS Health Corporation, Essick Air Products Inc., Hunter Douglas N.V., Sprout Social Inc., Stadler Form Aktiengesellschaft, Vornado Realty Trust, Magic Technology Co. Ltd., Hey Dewy Inc.
Table of Contents
1. Executive Summary
2. Humidifying Equipment Market Report Structure
3. Humidifying Equipment Market Trends And Strategies
4. Humidifying Equipment Market – Macro Economic Scenario
5. Humidifying Equipment Market Size And Growth
…..
27. Humidifying Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
