The Business Research Company’s Dehumidifiers Global Market Report 2021: COVID 19 Impact and Recovery to 2030
LONDON, GREATER LONDON, UK, February 22, 2021 /EINPresswire.com/ — New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports
Read More On The Global Dehumidifiers Market Report: https://www.thebusinessresearchcompany.com/report/dehumidifiers-global-market-report
Emerging dehumidifiers market trends show that manufacturers are increasingly using Climatix in these devices. Climatix is a solution that uses technology to enable cost-effective and efficient control of heating, ventilation, and air conditioning equipment (HVAC). It is designed for heating or cooling application and seamlessly integrates into a building automation system. For instance, Munters uses Climatix for efficient performance of their dehumidifiers.
Other trends in the market include mergers and acquisitions. In February 2019, Lasko, an American based company that produces home comfort products acquired Intertex, Inc, B- Air that develops and supplies high-quality air movement products, for an undisclosed amount. As per dehumidifiers market analysis, the acquisition is expected to provide opportunity for Lasko in business expansion with additional product offerings from B-Air. B- Air is a developer and supplier of air movers, dehumidifiers, air scrubbers, inflatable blowers for commercial and retail use.
The global dehumidifier market size is expected to grow from $5.2 billion in 2020 to $5.25 billion in 2021 at a compound annual growth rate (CAGR) of 1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.3 billion in 2025 at a CAGR of 4.7%.
The major players covered in TBRC’s dehumidifiers industry report are DeLonghi Appliances S.r.l, Electrolux, General Filters, Honeywell International, Whirlpool Corporation, Therma-Stor, LG Electronics, Sunpentown International, Haier, Munters Group, Seibu Giken DST AB, Deye, TCL.
Dehumidifiers Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides dehumidifiers market overview, forecast dehumidifiers market size and growth for the whole market, dehumidifiers market segments, and geographies, dehumidifiers market trends, dehumidifiers market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
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