How big is the humidifying equipment market today, and what are its future growth expectations?
The humidifying equipment market size has grown steadily in recent years. It will grow from $4.05 billion in 2024 to $4.19 billion in 2025 at a compound annual growth rate (CAGR) of 3.5%. 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 $4.58 billion in 2029 at a compound annual growth rate (CAGR) of 2.2%. 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.
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What have been the primary factors driving the humidifying equipment market’s growth?
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 2022, AAFA 2022 Allergy Capitals Report March 2022 released by Asthma and Allergy Foundation of America, a US-based Community-based organization, seasonal allergic rhinitis, commonly known as ‘hay fever,’ is one of the most prevalent allergic conditions. Approximately 7.7% of adults and 7.2% of children have been diagnosed with this condition. 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.
What are the key segments within the humidifying equipment market?
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
Subsegments:
1) By Warm-Mist Humidifier: Steam Vaporizers, Evaporative Warm-Mist Humidifiers
2) By Cool-Mist Humidifier: Ultrasonic Cool-Mist Humidifiers, Evaporative Cool-Mist Humidifiers, Impeller Humidifiers
3) By Ultrasonic Humidifier: Cool-Mist Ultrasonic Humidifiers, Warm-Mist Ultrasonic Humidifiers
4) By Evaporative Humidifier: Wick-type Evaporative Humidifiers, Fan-assisted Evaporative Humidifiers
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Which key players are shaping the humidifying equipment market?
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.
How will emerging trends drive the humidifying equipment market throughout the forecast period?
Major players operating in the humidifying equipment market are focusing on developing new innovative products, such as heated humidification to enhance comfort and support respiratory function during home mechanical ventilation. Heated humidification involves using heat to increase the temperature of water vapor, enhancing its ability to add moisture to the air effectively. For instance, in August 2024, Fisher & Paykel Healthcare, a New Zealand-based medical device company, launched the F&P my820 System for home mechanical ventilation. The latest respiratory humidifier enhances home mechanical ventilation by providing heated humidification for both invasive and noninvasive therapies, catering to adult and pediatric patients. It features an innovative built-in sensor that automatically adjusts to environmental temperature changes, ensuring optimal performance in fluctuating conditions. This technology reduces circuit condensate and minimizes device-wire clutter, simplifying the setup process for users.
How do regional factors impact the humidifying equipment market, and which region is the largest contributor?
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
What Does The Humidifying Equipment Market Report 2025 Offer?
The humidifying equipment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Humidifying equipment refers to devices designed to add moisture to the air in indoor spaces to maintain optimal humidity levels. This includes appliances like humidifiers, which help alleviate dryness in the air that can cause discomfort, respiratory issues, or damage to furniture. These devices are commonly used in homes, offices, and healthcare settings to improve air quality and comfort.
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