Global Humidifier Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.21% during the forecast period, i.e. 2017-2025. A humidifier is an equipment that increases the level of humidity or moisture in the whole building or in a single room. Residential humidifiers are usually used to humidify an individual room, whereas furnace humidifiers or whole-house, that is connected to a home's HVAC system, is capable of providing humidity to the entire house. Humidifiers are also being used in institutional, commercial, and industrial buildings. Air humidifiers helps in reducing static electricity effectively, that represents the prime issue for compact discs, computer storage devices, and other electronic devices. Only 10v of static electricity is required in order to damage a microchip. Data centers need low humidity levels (45%-55%RH) in order to prevent sparks which can damage information technology.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global humidifiers market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global humidifiers market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Market Dynamics

The rapid growth in the adoption of humidifiers in hospitals in order to increase the comfort level of the patients, medical ventilators are being adopted on a larger scale that usually includes humidifiers. In order to provide the healthier environment to the patients to improve their health, numerous hospitals are installing humidifiers, rise in medical utility for the humidifier is expected to grow the demand for global humidifier market over the forecast 2018-2025.

Growing disposable income along with improving living standards are the key growth opportunity factors influencing the growth of the humidifier market in the upcoming years. Additionally, the large humidifiers are being integrated with HVAC, that is being widely opted for industrial and commercial applications, owing to provide a better working atmosphere for employees.

Ultrasonic Humidifiers emits white dust particles as a by-product, that are highly harmful and can create breathing problems, this is one of the key challenges that is being faced by manufacturers and is also expected to be the key growth restraining factor for the growth of global humidifier market. As per a study conducted by Veracious Statistics Research the total U.S.  humidifiers market observed a growth of 11% over the last 5 years.

Market Segmentation

The Humidifier market has been categorized into product type, application and geography. On the basis of product type the humidifier market is categorized into ultrasonic humidifiers, warm-mist humidifiers, and cool-mist humidifiers among others. On the basis of application, the market is segmented into industrial, commercial, residential. Growing consumer awareness about the side effects of bad indoor air quality on a person’s health is owing to the sales of humidifiers majorly for residential application. Additionally, ultrasonic humidifiers are more energy efficient and affordable compare to other types of humidifier which is boosting consumers to buy ultrasonic humidifier specifically for residential application. Owing to, rise in acquaintance to irritants and airborne pollutants with each breath, the number of people is suffering from air borne diseases growing over the years which is another key factor driving the demand of humidifier from commercial sector.

Regional Analysis

The global humidifiers market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In Asia-Pacific, rapid growth in the adoption of humidifiers in numerous end-user industries, such as healthcare and textile for proper maintenance of humidification in order to assure hygienic and clean environment is the key driving factor for the growth of Asia-Pacific humidifier market. North America’s, industrial ultrasonic humidifier market is anticipated to influence the market by growing demand from the healthcare and residential applications. Moreover, standardization of air quality by the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) is additionally helping for the growth of industrial humidifier demand in the region. Europe is expected to hold noteworthy market share in humidifier market due to colder climate and growing consumer awareness in the region.

Global Humidifier Market Size, Share Analysis By Region 2017

Global Humidifier Market Study Objective

1. To forecast the market size of humidifier market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of humidifier market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of humidifier market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of humidifier market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the humidifier market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of humidifier market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of humidifier market commercially.

Market: Key Players

The key players in Humidifier market are LG Electronics, United Technologies Corporation, Thermastor, General Electric, Honeywell International Inc., Johnson Mechanical Services, Aprilaire, Lennox International Inc., Skuttle Indoor Air Quality Products and Comfort Aire Ltd.among other key market players.

Global Humidifier Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.