Air Humidifier Market Size Is Likely To Reach a Valuation of Around $3.81 billion by 2025: Allied Market Research

According to the report, the global air humidifier market garnered $2.63 billion in 2017 and is anticipated to reach $3.81 billion by 2025, registering a CAGR of 4.7% from 2018 to 2025. The report provides extensive analyses of the key winning strategies, industry trends, key market segments, market size & projections, and competitive landscape.

Rise in health awareness, rapid growth in commercial and residential sector, and government standards and regulations to maintain humidity are the major factors driving the growth of the market. However,regular maintenance of humidifier impedes the growth to certain extent. Moreover, growing concerns over the static electricity in industries and introduction of the latest technology are expected to create multiple opportunities for the market.

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The key market players analyzed in the report include Condair Group, Carel INDUSTRIES S.p.A., Armstrong International, Inc., Honeywell International Inc., Coway Co., Ltd., Mitsubishi Heavy Industries, Ltd. (MHI), Skuttle Indoor Air Quality Products, Koninklijke Philips N.V.,Munters Pvt. Ltd., and United Technologies Corp.

The global air humidifier market is segmented based on type, application, and region. Based on product type, the market is classified as vaporizers, impeller humidifier, ultrasonic humidifier, and wick/evaporative systems. The vaporizers segment accounted for more than one-fourth of the total market revenue in 2017 and is expected to remain dominant throughout the forecast period. However, the ultrasonic humidifier segment is expected to register the highest CAGR of 5.7% from 2018 to 2025.

Based on application, the market is segmented into commercial, industrial, and residential. The residential segment held the largest share in 2017, contributing nearly half of the total market revenue. On the other hand, the industrial segment is projected to register the highest CAGR of 5.2% from 2018 to 2025.

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Region wise, the market is analyzed across North America, Europe, LAMEA, and Asia-Pacific. The market across North America contributed nearly one-third of the total market revenue in 2017 and is expected to maintain its dominance through 2025. At the same time, the region across Asia-Pacific is projected to witness the highest CAGR of 5.8% from 2018 to 2025.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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