Air humidifier market revenue will witness a huge surge over the next few years, owing to the growing use of these devices in textiles, printing, pharmaceuticals, packaging, and automobile production. Air humidifiers are highly popular among paper manufacturers as they are used to avoid paper shrinkage. Furthermore, their use as heating systems in colder climatic conditions is expected to benefit global air humidifier industry growth over the coming years. In addition to this, air humidifiers help in effective reduction of static electricity, which is a key problem with electronic equipment and CD’s. Increased application of air humidifiers in commercial, industrial, and residential sectors have positively impacted the industry growth.
Europe air humidifier market size is expected to record highest gains of 5% over the coming years due to low temperatures. North America air humidifier industry size estimated at USD 300 million in 2015, is forecast to grow considerably over the period of 2016-2023, owing to its rising demand across semiconductor manufacturing plants, hospitals, and data centers. U.S. is expected to be a major regional revenue contributor.
Browse key industry insights spread across 136 pages with 96 market data tables & 69 figures & charts from the report, “Air Humidifier Market Size By Product (Warm-Mist, Ultrasonic, Cool-Mist), By Technology (Portable, Whole-House), By Application (Commercial, Residential, Industrial), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, Russia, Japan, China, South Korea, Mexico, Brazil, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents:
Air humidifier market size in industrial sector is expected to surpass USD 500 million by 2023. The growth can be attributed to high preference of these equipment in operation theaters, data centers, and production units. Residential sector, which contributed towards nearly 45% of the global air humidifier industry share in 2015, is expected to witness a significant growth in the near future.
Introduction of new technologies have resulted in large-scale production of portable as well as whole-house air humidifiers. Increase in sale of portable air humidifiers across the globe is expected to contribute substantially towards the air humidifier industry growth. User-friendly features of portable air humidifiers have significantly contributed towards the enhancement of portable air humidifier market share. Increase in popularity of whole-house air humidifiers across the world is projected to drive the industry growth over the coming years, as it helps in power conservation and minimization of maintenance costs.
Market players will try to grow their business by introducing new technologies and adopting key business growth strategies such as product innovation and strategic collaborations. Key industry players include Boneco, Honeywell, Procter & Gamble, Vornado Air, Winix, Carel Industries S.p.a, and Philips.