Dehumidifier Market Size to Reach $3.54 Billion by 2022
Price, energy efficiency, and size are anticipated to be critical parameters affecting buyer behavior
SAN FRANCISCO — The global dehumidifier market was valued at $2.13 billion in 2014 and is forecast to reach $3.54 billion by 2022, according to a new report by Grand View Research Inc. Increasing construction activity worldwide is expected to primarily contribute to industry growth. Technological advancement is also expected to boost growth over the forecast period.
Price, energy efficiency, and size are anticipated to be critical parameters affecting buyer behavior. The major players in the market are increasingly focusing on products that can be integrated into existing HVAC systems.