Air Humidifier Market Overview:
Air humidifier is an air conditioning appliance that increases the moisture level of air in a room or an entire building. Generally, for the humidification of a single room residential humidifiers are used, while to provide humidity to the entire house, the furnace or whole-house humidifiers are connected to a home's HVAC system. The air humidifiers are also available for commercial, industrial, institutional buildings, and shopping complex and others. Humidifiers help reduce symptoms of chronic obstructive pulmonary disease (COPD). Air humidifiers help to maintain the safe electric environment and reduce the static electricity effectively, which is the primary issue for compact discs, storage devices for computer, and other electronic equipment. Air humidifiers help maintain the indoor plants when the temperature of outside environment is low or below the normal temperature which is required for the plant growth. Moreover, in some European countries government regulation are very strict regarding the maintenance of humidity. In such countries, it is mandatory to maintain oxygen, humidity, and light for the manufacturing, packaging, filling process, warehouse, and other commercial and industrial sectors, which is also responsible to drive the growth of the global air humidifier market.
Increase in diseases such as asthma, sinusitis, and other allergies owing to dry air have created awareness among customer to maintain specific humidity in air by using humidifier appliances. In addition, the low humidity in air makes breathing less laborious and can also cause lung secretions in infants. This is one of the key reasons that customers rely on air humidifier during the winter months as low humidity causes asthmatic cough.
Whereas, therapy using air humidifier adds moisture to air, thus, preventing dryness in skin, throat, nose, irritated vocal cord, dry cough, and cracked lips. According, to the United States Department of Labor has set a certain rule standards and regulation for humidity control and temperature control in industrial work place. This helps prevent fatigue as well as dry air diseases among workers and provide a healthy work environment. In addition, these regulations are also followed by other countries with certain modification according to the suitable temperature and atmosphere in that particular country.
The global air humidifier market is segmented based on type, application, and region. Based on product type it is classified as vaporizers, impeller humidifier, ultrasonic humidifier, and wick/evaporative systems. The application segment comprises of commercial, industrial, and residential. Based on region, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Based on type, the market is categorized into vaporizers, impeller humidifier, ultrasonic humidifier, and wick/evaporative systems. In 2017, vaporizers was the leading segment in the global market, due to recent developments in vaporizer lead to automatic regulation of humidity level due to inbuilt hygrometer, which is responsible for tracking the level of humidity in the room. In addition, these humidifiers are economically priced, and hence affordable.
Based on application, the market is categorized into commercial, industrial, and residential. In 2017, residential was the leading segment in the global market, owing to Increase in need to maintain indoor air humidity in winter season is expected to drive the growth of the residential segment in the air humidifier market. In addition, rise in awareness of the ill effects of the dry air such as dry skin, sinus congestion, dry throat, nose irritation, dry cough, bloody noses, and others is expected to drive the market growth.
In 2017, the application of air humidifier in residential segment was due to cold seasons when heating systems dry the internal atmosphere, the air can often drop below 40% relative humidity (RH). At this level it will draw moisture from any available source that includes our bodies, materials such as wood and textiles, and the fabric in the house. This will not just leave the consumer feeling dehydrated but can have serious implications over his health.
Some of the major players in the global air humidifier market analyzed in this report are Armstrong International, Inc., Carel INDUSTRIES S.p.A., Condair Group, Coway Co., Ltd., Honeywell International Inc., Koninklijke Philips N.V., Mitsubishi Heavy Industries, Ltd. (MHI), Munters, Skuttle Indoor Air Quality Products, and United Technologies Corp.
Key Benefits for Air Humidifier Market:
- This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global air humidifier market size from 2018 to 2025 to identify the prevailing market opportunities.
- The key countries in all the major regions are mapped based on their market shares.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier buyer network.
- A comprehensive analysis of factors that drive and restrict the growth of the air humidifier market is provided.
- An in-depth analysis of the global air humidifier market helps determine the prevailing market opportunities.
- The report includes details of the analysis of the regional and global markets, key players, market segments, application areas, and growth strategies.
Air Humidifier Key Market Segments:
By Humidifier Type
- Vaporizers
- Impeller Humidifier
- Ultrasonic Humidifier
- Wick/Evaporative Systems
By Application
- Commercial
- Industrial
- Residential
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Rest Of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of APAC
- LAMEA
- Latin America
- Middle East
- Africa
Table of Contents
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pocket
3.2.2. Top winning strategies
3.3. Porter's five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitution
3.3.4. Threat of new entrants
3.3.5. Intensity of competitive rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in health awareness:
3.4.1.2. Rapidly growing commercial and residential sector:
3.4.1.3. Government standards and regulations to maintain humidity:
3.4.2. Restraint
3.4.2.1. Regular maintenance of humidifier
3.4.3. Opportunities
3.4.3.1. Growing concerns over the static electricity in industries.
3.4.3.2. Introduction of latest technologies
CHAPTER 4: AIR HUMIDIFIER MARKET, BY HUMIDIFIER TYPE
4.1. Overview
4.1.1. Market size and forecast, by humidifier type
4.2. Vaporizers
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Impeller humidifier
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
4.4. Ultrasonic humidifier
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country
4.5. Wick/Evaporative systems
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country
CHAPTER 5: AIR HUMIDIFIER MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast, by application
5.2. Commercial
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. Industrial
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
5.4. Residential
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country
CHAPTER 6: AIR HUMIDIFIER MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast, by region
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by humidifier type
6.2.3. Market size and forecast, by application
6.2.4. Market size and forecast, by country
6.2.5. U.S.
6.2.5.1. Market size and forecast, by humidifier type
6.2.5.2. Market size and forecast, by application
6.2.6. Canada
6.2.6.1. Market size and forecast, by humidifier type
6.2.6.2. Market size and forecast, by application
6.2.7. Mexico
6.2.7.1. Market size and forecast, by humidifier type
6.2.7.2. Market size and forecast, by application
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by humidifier type
6.3.3. Market size and forecast, by application
6.3.4. Market size and forecast, by country
6.3.5. Germany
6.3.5.1. Market size and forecast, by humidifier type
6.3.5.2. Market size and forecast, by application
6.3.6. UK
6.3.6.1. Market size and forecast, by humidifier type
6.3.6.2. Market size and forecast, by application
6.3.7. France
6.3.7.1. Market size and forecast, by humidifier type
6.3.7.2. Market size and forecast, by application
6.3.8. Rest of Europe
6.3.8.1. Market size and forecast, by humidifier type
6.3.8.2. Market size and forecast, by application
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by humidifier type
6.4.3. Market size and forecast, by application
6.4.4. Market size and forecast, by country
6.4.5. China
6.4.5.1. Market size and forecast, by humidifier type
6.4.5.2. Market size and forecast, by application
6.4.6. India
6.4.6.1. Market size and forecast, by humidifier type
6.4.6.2. Market size and forecast, by application
6.4.7. Japan
6.4.7.1. Market size and forecast, by humidifier type
6.4.7.2. Market size and forecast, by application
6.4.8. Rest of Asia-Pacific
6.4.8.1. Market size and forecast, by humidifier type
6.4.8.2. Market size and forecast, by application
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by humidifier type
6.5.3. Market size and forecast, by application
6.5.4. Market size and forecast, by country
6.5.5. Latin America
6.5.5.1. Market size and forecast, by humidifier type
6.5.5.2. Market size and forecast, by application
6.5.6. Middle East
6.5.6.1. Market size and forecast, by humidifier type
6.5.6.2. Market size and forecast, by application
6.5.7. Africa
6.5.7.1. Market size and forecast, by humidifier type
6.5.7.2. Market size and forecast, by application
CHAPTER 7: COMPANY PROFILES
7.1. ARMSTRONG INTERNATIONAL, INC.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Product portfolio
7.2. CAREL INDUSTRIES S.P.A.
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments
7.3. CONDAIR GROUP
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Product portfolio
7.3.4. Key strategic moves and developments
7.4. COWAY CO., LTD.
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Product portfolio
7.4.4. Business performance
7.5. HONEYWELL INTERNATIONAL INC.
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance
7.6. KONINKLIJKE PHILIPS N.V.
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.7. MITSUBISHI HEAVY INDUSTRIES, LTD.
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments
7.8. MUNTERS
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves and developments
7.9. SKUTTLE INDOOR AIR QUALITY PRODUCTS
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Product portfolio
7.10. UNITED TECHNOLOGIES CORP.
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance
LIST OF TABLES
Table 01. Global Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 02. Vaporizers In Air Humidifier Market, By Region, 2017-2025 ($Million)
Table 03. Impeller Humidifier In Air Humidifier Market, By Region, 2017-2025 ($Million)
Table 04. Ultrasonic Humidifiers In Air Humidifier Market, By Region, 2017-2025 ($Million)
Table 05. Wick/Evaporative Systems In Air Humidifier Market, By Region, 2017-2025 ($Million)
Table 06. Global Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 07. Commercial Application In Air Humidifier Market, By Region, 2017-2025 ($Million)
Table 08. Industrial Application In Air Humidifier Market, By Region, 2017-2025 ($Million)
Table 09. Residential Application In Air Humidifier Market, By Region, 2017-2025 ($Million)
Table 10. Global Air Humidifier Market Revenue, By Region, 2017–2025 ($Million)
Table 11. North America Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 12. North America Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 13. North America Air Humidifier Market, By Country, 2017–2025 ($Million)
Table 14. U.S. Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 15. U.S. Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 16. Canada Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 17. Canada Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 18. Mexico Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 19. Mexico Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 20. Europe Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 21. Europe Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 22. Europe Air Humidifier Market, By Country, 2017–2025 ($Million)
Table 23. Germany Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 24. Germany Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 25. Uk Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 26. Uk Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 27. France Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 28. France Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 29. Rest Of Europe Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 30. Rest Of Europe Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 31. Asia-Pacific Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 32. Asia-Pacific Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 33. Asia-Pacific Air Humidifier Market, By Country, 2017–2025 ($Million)
Table 34. China Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 35. China Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 36. India Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 37. India Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 38. Japan Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 39. Japan Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 40. Rest Of Asia-Pacific Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 41. Rest Of Asia-Pacific Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 42. Lamea Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 43. Lamea Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 44. Lamea Air Humidifier Market, By Country, 2017–2025 ($Million)
Table 45. Latin America Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 46. Latin America Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 47. Middle East Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 48. Middle East Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 49. Africa Air Humidifier Market, By Humidifier Type, 2017-2025 ($Million)
Table 50. Africa Air Humidifier Market, By Application, 2017-2025 ($Million)
Table 51. Armstrong: Company Snapshot
Table 52. Armstrong: Product Portfolio
Table 53. Carel: Company Snapshot
Table 54. Carel: Operating Segments
Table 55. Carel: Product Portfolio
Table 56. Condair: Company Snapshot
Table 57. Condair: Product Portfolio
Table 58. Coway: Company Snapshot
Table 59. Coway: Product Portfolio
Table 60. Honeywell International Inc.: Company Snapshot
Table 61. Honeywell International Inc.: Operating Segments
Table 62. Honeywell International Inc.: Product Portfolio
Table 63. Philips: Company Snapshot
Table 64. Philips: Operating Segments
Table 65. Philips: Product Portfolio
Table 66. Mhi: Company Snapshot
Table 67. Mhi: Operating Segments
Table 68. Mhi: Product Portfolio
Table 69. Mhi: Key Strategic Moves And Developments
Table 70. Munters: Company Snapshot
Table 71. Munters: Operating Segments
Table 72. Munters: Product Portfolio
Table 73. Skuttle: Company Snapshot
Table 74. Skuttle: Product Portfolio
Table 75. United Technologies Corp.: Company Snapshot
Table 76. United Technologies Corp.: Operating Segments
Table 77. United Technologies Corp.: Product Portfolio
LIST OF FIGURES
Figure 01. Air Humidifier Market Snapshot
Figure 02. Air Humidifier Market Segmentation
Figure 03. Top Investment Pocket, 2017-2015
Figure 04. Top Winning Strategies, By Year, 2015-2018*
Figure 05. Top Winning Strategies, By Development, 2015-2018* (%)
Figure 06. Top Winning Strategies, By Company, 2015-2018*
Figure 07. Low Bargaining Power Of Suppliers
Figure 08. High Bargaining Power Of Buyers
Figure 09. Moderate Threat Of Substitution
Figure 10. Low Threat Of New Entrants
Figure 11. High Intensity Of Competitive Rivalry
Figure 12. Air Humidifier Market By Drivers,Restraint,Opportunityes 2017
Figure 13. Global Air Humidifier Market Share, By Humidifier Type, 2017 (%)
Figure 14. Comparative Share Analysis Of Vaporizers In Air Humidifier Market, By Country, 2017 & 2025 (%)
Figure 15. Comparative Share Analysis Of Impeller Humidifier In Air Humidifier Market, By Country, 2017 & 2025 (%)
Figure 16. Comparative Share Analysis Of Ultrasonic Humidifiers In Air Humidifier Market, By Country, 2017 & 2025 (%)
Figure 17. Comparative Share Analysis Of Wick/Evaporative Systems In Air Humidifier Market, By Country, 2017 & 2025 (%)
Figure 18. Global Air Humidifier Market Share, By Application, 2017 (%)
Figure 19. Comparative Share Analysis Of Commercial Application In Air Humidifier Market, By Country, 2017 & 2025 (%)
Figure 20. Comparative Share Analysis Of Industrial Application In Air Humidifier Market, By Country, 2017 & 2025 (%)
Figure 21. Comparative Share Analysis Of Residential Application In Air Humidifier Market, By Country, 2017 & 2025 (%)
Figure 22. Global Air Humidifier Market Share, By Region, 2017 (%)
Figure 23. U.S. Air Humidifier Market, 2017–2025 ($Million)
Figure 24. Canada Air Humidifier Market, 2017–2025 ($Million)
Figure 25. Mexico Air Humidifier Market, 2017–2025 ($Million)
Figure 26. Germany Air Humidifier Market, 2017–2025 ($Million)
Figure 27. Uk Air Humidifier Market, 2017–2025 ($Million)
Figure 28. France Air Humidifier Market, 2017–2025 ($Million)
Figure 29. Rest Of Europe Air Humidifier Market, 2017–2025 ($Million)
Figure 30. China Air Humidifier Market, 2017–2025 ($Million)
Figure 31. India Air Humidifier Market, 2017–2025 ($Million)
Figure 32. Japan Air Humidifier Market, 2017–2025 ($Million)
Figure 33. Rest Of Asia-Pacific Air Humidifier Market, 2017–2025 ($Million)
Figure 34. Latin America Air Humidifier Market, 2017–2025 ($Million)
Figure 35. Middle East Air Humidifier Market, 2017–2025 ($Million)
Figure 36. Africa Air Humidifier Market, 2017–2025 ($Million)
Figure 37. Carel: Net Sales, 2015–2017 ($Million)
Figure 38. Carel: Revenue Share By Segment, 2017 (%)
Figure 39. Carel: Revenue Share By Region, 2017 (%)
Figure 40. Coway: Net Sales, 2015–2017 ($Million)
Figure 41. Honeywell International Inc.: Revenue, 2015–2017 ($Million)
Figure 42. Honeywell International Inc.: Revenue Share By Segment, 2017 (%)
Figure 43. Honeywell International Inc.: Revenue Share By Region, 2017 (%)
Figure 44. Philips: Net Sales, 2015–2017 ($Million)
Figure 45. Philips: Revenue Share By Segment, 2017 (%)
Figure 46. Philips: Revenue Share By Region, 2017 (%)
Figure 47. Mhi: Revenue, 2015–2017 ($Million)
Figure 48. Mhi: Revenue Share By Segment, 2017 (%)
Figure 49. Mhi: Revenue Share By Region, 2017 (%)
Figure 50. Munters: Net Sales, 2015–2017 ($Million)
Figure 51. Munters: Revenue Share By Segment, 2017 (%)
Figure 52. Munters: Revenue Share By Region, 2017 (%)
Figure 53. United Technologies Corp.: Net Sales, 2015–2017 ($Million)
Figure 54. United Technologies Corp.: Revenue Share By Segment, 2017 (%)
Figure 55. United Technologies Corp.: Revenue Share By Region, 2017 (%)
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Executive Summary
According to this report titled, “Global Air Humidifier Market by Type, Distribution Channel, and Region: Global Opportunity Analysis and Industry Forecast, 2018–2025,” The global air humidifier market size was valued at $2,635 million in 2017 and is projected to reach $3,811 million by 2025, registering a CAGR of 4.7% from 2018 to 2025. Air humidifier helps increase the level of humidity in the air of a single room or building. Usually, residential humidifiers are used for the humidification of the single room and whole-house or furnace humidifiers are connected to a home's HVAC system for the humidification of the entire house.
The residential segment is anticipated to witness substantial growth owing to an increase in the need to maintain indoor air humidity in the winter season. In addition, a rise in awareness about ill-effects of dry air such as dry skin, sinus congestion, dry throat, nose irritation, dry cough, bloody noses, and others, is expected to drive the air humidifier market growth.
An increase in health awareness is the key driver for the air humidifier market growth. Moreover, change in lifestyle, and rapid growth in the commercial and residential construction sector, and government standards and regulations to maintain humidity are the other factors supplementing the growth of the global air humidifier market. In addition, the adoption of new technology by the consumers and awareness of static electricity issue among all the industries are expected to open new avenues for the air humidifier market players in the future. However, regular maintenance of internal parts of the air humidifier and awareness about the side effects of white dust that is produced after the evaporation of minerals present in water are expected to hamper the growth of the global air humidifier market.
According to Shankar Bhandalkar, Senior Research Analyst, Consumer Goods at Allied Market Research, “Consumers are facing various health problems such as dry noses, bloody noses, and sinuses problems owing to insufficient humidity. Awareness about health has increased in the consumers, and thus, are spending more on a hygienic lifestyle, which in turn is expected to create new opportunities for the players in the global air humidifier market.”
The report segments the air humidifier market based on type, application, and region. Based on type, the air humidifier market is segmented into vaporizers, impeller humidifiers, ultrasonic humidifiers, and wick/evaporative systems. Based on application, the air humidifier market is classified into commercial, industrial, and residential.
The ultrasonic humidifier type of air humidifier is expected to grow comparatively faster than other types, witnessing a CAGR of 5.7%. Based on application, the residential segment was the major revenue contributor in the air humidifier market size in 2017.
Based on region, the air humidifier market is dominated by North America, particularly owing to vast presence of manufacturers and product promotion from regulatory bodies such as the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) and the United States Environmental Protection Agency (USEPA), is expected to further drive the air humidifier industry growth. In addition, LAMEA is expected to witness a 5.1% CAGR during the forecast period.
Key findings of the study
- Based on the humidifier type, the vaporizers segment accounted for the highest air humidifier market share in 2017, growing at a CAGR of 3.8% from 2018 to 2025.
- Based on the application, the residential segment accounted for about 45.6% share of the air humidifier market share in 2017 and is expected to experience a growth at the highest CAGR of 4.6%.
- Based on the region, North America accounted for about 31.7% of the air humidifier market and is expected to grow at the highest CAGR of 4.2%.
- Based on the humidifier type, the ultrasonic humidifier segment accounted for 27.9% air humidifier market in 2017, growing at a CAGR of 5.7% from 2018 to 2025.
- Based on application, the industrial segment accounted for 28.8% air humidifier market in 2017, growing at a CAGR of 5.2% from 2018 to 2025.
The key players operating in the air humidifier industry are Armstrong International, Inc., CAREL INDUSTRIES S.p.A., Condair Group, COWAYCO., LTD., Honeywell International Inc., Koninklijke Philips N.V., MITSUBISHI HEAVY INDUSTRIES, LTD. (MHI), Munters, Skuttle Indoor Air Quality Products, and United Technologies Corp.
Companies Mentioned
- Armstrong International, Inc.
- Carel Industries S.P.A.
- Condair Group
- Coway Co., Ltd.
- Honeywell International Inc.
- Koninklijke Philips N.V.
- Mitsubishi Heavy Industries, Ltd.
- Munters
- Skuttle Indoor Air Quality Products
- United Technologies Corp.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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