The global Dry Room Dehumidifier Market is estimated to be valued at US$ 310 Mn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Dry room dehumidifiers are used to control moisture levels in warehouses, basements, attics, or any other areas that require very low humidity levels. They work to remove moisture from the air to protect moisture-sensitive products and materials. Some key advantages include preventing mold growth, maintaining product quality, and protecting structural integrity.
Market key trends:
One of the major trends in the dry room dehumidifier market is the growing adoption of energy-efficient models. Stringent regulations regarding energy consumption and rising environmental consciousness has driven manufacturers to develop more eco-friendly and sustainable dehumidifiers. This has led to an uptake in the demand for products featuring advanced technologies like inverter compressors that optimize performance and significantly reduce power consumption compared to conventional models.
Segment Analysis
Content: The global dry room dehumidifier market is segmented on the basis of product type, capacity, and geography. Based on product type, the market is segmented into desiccant dry room dehumidifiers and compressor-based dry room dehumidifiers. The desiccant dry room dehumidifiers segment dominated the market in 2022, accounting for around 60% share. This segment is anticipated to maintain its dominance over the forecast period. Desiccant dry room dehumidifiers are highly effective in drying applications requiring low relative humidity levels.
Key Takeaways
Market size: The Global Dry Room Dehumidifier Market Size is expected to witness high growth, exhibiting CAGR of 6.9% over the forecast period 2023 to 2030, due to increasing demand for low moisture environments in manufacturing and processing industries.
Regional analysis: North America dominated the global market in 2022 and is expected to continue its dominance during the forecast period. This is attributed to strong presence of key manufacturers in the region along with early adoption of advanced drying technologies by end-use industries.
Key players: Key players operating in the dry room dehumidifier market are DanDry, Bry-Air, Drymate, DehuTech AB, Aprilaire, Therma-Stor LLC, Santa Fe Products, Surna Inc. DanDry and Bry-Air captured around 30% of overall market share in 2022.
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