Global Humidifying Equipment Market Overview 2024, Forecast To 2033
12 Jan, 2024
The market size for humidifying equipment has grown steadily, increasing from $4.12 billion in 2023 to $4.21 billion in 2024, with a 2.0% CAGR. Historical growth is attributed to indoor air quality concerns, the healthcare industry, and industrial applications. The forecast suggests continued steady growth, projecting a market size of $4.63 billion in 2028, with a 2.4% CAGR. Anticipated drivers include energy efficiency, considerations related to climate change and weather patterns, infection control, and residential market demands. Key trends include smart and IoT integration, hybrid systems, and customization and scalability.
Global Humidifying Equipment Market Key Driver
The prevalence of diseases linked to dry air boosts the demand for humidifying equipment. Conditions like asthma and allergies increase awareness, with humidifying equipment addressing issues caused by dry air and generating higher demand.
Get A Free Sample Of The Global Humidifying Equipment Market ReportGlobal Humidifying Equipment Market Segments
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
By Geography: The regions covered in the humidifying equipment market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
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
Major Humidifying Equipment Industry Players
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.
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Humidifying Equipment Market Overview
Humidifying equipment is a device that is used to maintain the humidity of a room to ensure there is enough moisture. It is used to increase the humidity of the air.
Humidifying Equipment Global Market Report 2023 provides data on the global humidifying equipment market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The humidifying equipment market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.