Humidifiers Market

Name: Humidifiers Market
Brand: Future Market Insights
SKU: Electronics, Semiconductors, and ICT
Price: 5000 USD
Availability: InStock
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Humidifier Market: Ultrasonic Humidifier Segment Expected to Witness Significant Growth During the Forecast Period: Global Industry Analysis (2013 - 2017) & Opportunity Assessment (2018 - 2028)

2018-09-28
REP-GB-5252
310 pages

An Incisive, In-depth Analysis on the Humidifiers Market

This study offers a comprehensive, 360 degree analysis on the Humidifiers market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Humidifiers market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

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Humidifiers are devices that increase or maintain the humidity of the environment. Humidifiers have several applications in the residential and industrial segments. The most common types of humidifiers are warm-mist humidifiers, cold-mist humidifiers and ultrasonic humidifiers. The humidifier market is witnessing the high adoption of these products owing to the growing concerns about indoor air quality, maintenance of standard humidity in industries and protection from various air-related diseases.

The humidifier market is witnessing high adoption in the industrial sector, which is driving the market significantly. Stable economic growth is driving commercial and industrial growth, and this is resulting in the upgradation of infrastructure. The increasing need to maintain indoor air quality is driving the humidifier market. Governments of various countries are highly focused on energy efficiency and to maintain the minimum required humidity at manufacturing industries. These regulations and standards are significantly driving the global humidifier market. Various types of humidifiers are being used in the industrial/commercial sector, which include ultrasonic humidifiers, warm-mist humidifiers, cold-mist humidifiers and others. The major industrial applications of humidifiers are in healthcare, automotive, textile, wood and pharmaceutical. Indoor air quality is becoming a critical parameter to ensure a healthy environment. Maintaining the required humidity levels is one of the important factors that define the ideal air quality. According to the U.S. Environmental Protection Agency (EPA), the level of indoor humidity must be below 60%. The U.S. EPA suggests that the ideal humidity level must be between 30% and 50%. Various regional and international regulatory bodies are conducting health awareness programs that increase awareness about healthy living. Thus, an increase in the awareness about healthy living and indoor air quality are among factors expected to drive the humidifier market during the forecast period.

Revenue generated by the global humidifier market is estimated to exhibit a single-digit CAGR and reach US$ 4.1 Bn by 2028. On the basis of type, the humidifier market is segmented into warm-mist humidifiers, cold-mist humidifiers, ultrasonic humidifiers and others. The revenue contribution from the ultrasonic humidifier segment is expected to increase at a high CAGR during the forecast period due to the features such as the safety of devices and low cost.

On the basis of installation, the humidifier market is segmented into fixed and portable. Revenue contribution from the fixed humidifier segment is expected to increase at a high CAGR during the forecast period due to features such as light weight and easy portability.

On the basis of application, the humidifier market is segmented into residential and commercial/industrial. The revenue contribution from the commercial humidifier segment is expected to increase at a high CAGR during the forecast period due to an increase in government regulations and the high adoption of HVAC.

On the basis of the sales channel, the humidifier market is segmented into organised market, unorganised market and online/e-commerce. Revenue contribution from the online/e-commerce humidifier segment is expected to increase at a high CAGR during the forecast period owing to the ease of conducting business overseas, which is encouraging vendors to move towards this segment. This trend is expected to contribute to the growth of the online/e-commerce segment of the humidifier market during the forecast period.

On the basis of region, the humidifier market is segmented into North America (U.S. and Canada), Latin America (Brazil, Mexico and the rest of Latin America), Western Europe (Germany, Italy, France, Spain, U.K., BENELUX and the rest of Western Europe), Eastern Europe (Russia, Poland and the rest of Eastern Europe), SEA & Other APAC (India, ASEAN, Australia & New Zealand and the rest of SEA), Japan, China and the Middle East and Africa (GCC countries, South Africa , Turkey, Northern Africa and the rest of MEA).

Key competitors in the humidifier market are Guardian Technologies, Koninklijke Philips, Honeywell International Inc., Dyson Ltd., De'Longhi S.p.A., Condair Group, Boneco AG, CAREL INDUSTRIES S.p.A., LG Electronics, Neptronic, Smart Fog Manufacturing, DriSteem, HygroMatik GmbH, STULZ Air Technology Systems and Aprilaire.

Report Synopsis

Future Market Insights offers a 10-year forecast for the global humidifier market between 2018 and 2028. In terms of value, the humidifier market is expected to register a CAGR of 5.1% during the forecast period. This study demonstrates the dynamics and trends of the humidifier market globally across regions, such as North America, Latin America, Western Europe, Eastern Europe, SEA & Other APAC, Japan, China and the Middle East & Africa, along which their influence on the current nature and the future status of the global humidifier market over the forecast period.

Report Description

This research report provides a detailed analysis of the global humidifier market and offers insights about the various factors such as applications and developments of humidifiers. The humidifier market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. This humidifier market report segregates the market based on types of humidifiers, humidifier installation types, humidifier application types and humidifier sales channels across different regions worldwide. Key players are introducing technologically advanced products, which is acting as a major driver of the global humidifier market.

The report starts with an overview of the global humidifier market in terms of value. In addition, this section includes the analysis of key trends, drivers and restraints that are influencing the global humidifier market. The impact analysis of key growth drivers and restraints are included in this report to facilitate clients with crystal clear decision-making insights.

On the basis of humidifier type, the market is segmented into warm-mist humidifiers, ultrasonic humidifiers and cool-mist humidifiers. On the basis of installation type, the market is segmented into fixed humidifiers and portable humidifiers. On the basis of application type, the market is segmented into residential and commercial/industrial. On the basis of sales channel, the market is segmented into organised market, unorganised market and online/ecommerce.

A detailed analysis has been provided for every segment in terms of the market size analysis of the humidifier market across different regions. It provides a market outlook for 2018–2028, and sets the forecast within the context of humidifier market, which includes the latest technological developments as well as service offerings in the market. This study discusses the key trends within regions, which contribute to the growth of the humidifier market, as well as analyses the degrees at which drivers are influencing the humidifier market in these regions. Key regions and countries assessed in this report include North America (U.S. and Canada), Latin America (Brazil, Mexico and the rest of Latin America), Western Europe (Germany, Italy, France, Spain, U.K., BENELUX and the rest of Western Europe), Eastern Europe (Russia, Poland and the rest of Eastern Europe), SEA & Other APAC (India, ASEAN, Australia & New Zealand and the rest of SEA), Japan, China, and the Middle East and Africa (GCC countries, South Africa , Turkey, Northern Africa and the rest of MEA).

This report evaluates the present scenario and growth prospects of the humidifier market across various regions globally for the period 2018 –2028. We have considered 2017 as the base year, and provided data for the remaining 12 months. The forecast presented here assesses the total revenue by value across the humidifier market. To offer an accurate forecast, we have started by sizing the current market, which forms the basis of how the humidifier market will develop in the future. Given the characteristics of the humidifier market, we have triangulated the outcome of different services & components and analysed based on technology trends.

In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the market and to identify the right opportunities across the humidifier market.

In the final section of the report, we have included a competitive landscape to provide clients a dashboard view based on the categories of providers in the value chain, their presence in humidifier portfolio and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of key providers specific to a market segment in the humidifier value chain and potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the marketplace. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term & short-term strategies, key offerings and recent developments in the humidifier market. Key competitors covered in the humidifier value chain are Guardian Technologies, Koninklijke Philips, Honeywell International Inc., Dyson Ltd., De'Longhi S.p.A., Condair Group, Boneco AG, CAREL INDUSTRIES S.p.A., LG Electronics, Neptronic, Smart Fog Manufacturing, DriSteem, HygroMatik GmbH, STULZ Air Technology Systems and Aprilaire.

Key Segments Covered

By humidifier type
- Cool-mist Humidifier
- Ultrasonic Humidifier
- Warm-mist humidifier
- Others
By Installation Type
- Fixed
- Portable
By Application Type
- Residential
- Industrial/Commercial
By Sales Channel
- Organised Market
- Unorganised Market
- Online/Ecommerce

Key Regions Covered

North America Humidifier Market
- United States
- Canada
Latin America Humidifier Market
- Brazil
- Mexico
- Rest of Latin America
Western Europe Humidifier Market
- Germany
- Italy
- France
- Spain
- U.K.
- BENELUX
- Rest of Western Europe

Eastern Europe Humidifier Market
- Russia
- Poland
- Rest of EE
China Humidifier Market
Japan Humidifier Market
SEA and Other APAC Humidifier Market
- India
- ASEAN
- Australia and New Zealand
- Rest of SEA
MEA Humidifier Market
- Northern Africa
- GCC Countries
- South Africa
- Turkey
- Rest of MEA