Major Players - Dehumidifier Industry

May, 2023 - by CMI

Major Players - Dehumidifier Industry

The worldwide Dehumidifier Market is divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Over the projection period, North America is likely to be the prominent region in the worldwide market. This is due to the fast-growing food and beverage business. Dehumidifiers are also employed in museums, libraries, and archives to keep important artefacts, papers, and works of art at 40 - 45% humidity levels. Dehumidifiers are also used in swimming pools and spa rooms to prevent chlorine or bromine contamination of humid aid, which could be toxic to humans. It is particularly useful in the food business for storing candies, which are highly hygroscopic when humidity levels are high. Dehumidifiers require extensive maintenance and consume a lot of electricity, which may limit their popularity. These additional expenditures may have a negative impact on market growth. Overheating dehumidifiers is another major disadvantage because it can create smoke or fire. Overheating is caused by incorrect use, inadequate maintenance, or restricted airflow in the compressor and fan, which leads in compressor overheating. Dehumidifiers require extensive maintenance and consume a lot of electricity, which may limit their popularity. These additional expenditures may have a negative impact on market growth. Overheating dehumidifiers is another major disadvantage because it can create smoke or fire. Overheating is caused by incorrect use, inadequate maintenance, or restricted airflow in the compressor and fan, which leads in compressor overheating.

Leading Companies in the Dehumidifier Industry:

1. Frigidaire

Frigidaire is a webshop that sells refrigerators, dishwashers, microwaves, wall ovens, air conditioners, stoves, and cooking accessories. Founded in 1918, headquartered in Tennessee, U.S. in April 2023, Frigidaire, entered the Indian market in partnership with Ossify, a homegrown consumer electronics brand. Part of Electrolux group, Frigidaire has ventured into the Indian market with its range of home appliances in segments such as air conditioners, washing machines, refrigerators, freezers, etc.

2. Haier

Haier Smart Home Co., Ltd. engages in the research, development, production, and sale of smart home appliances in Asia, Europe, the United States, Australia, Africa, and internationally. The company operates through three segments: China Smart Home Business, Overseas Home Appliance and Smart Home Business, and Other Business. Haier Smart Home Co., Ltd. was incorporated in 1984 and is headquartered in Qingdao, China.

3. Honeywell

Honeywell Automation India Limited provides integrated automation and control systems in India and internationally. The company manufactures and sells electronic systems and components; and trades in, repairs, and maintains machinery, equipment, and supplies. The company was incorporated in 1984 and is based in Pune, India. Honeywell Automation India Limited operates as a subsidiary of Honeywell International Inc.

4. LG Electronics

LG Electronics Inc., together with its subsidiaries, manufactures and sells consumer electronics, mobile communications, and home appliances worldwide. It operates through Home Appliance & Air Solution, Home Entertainment, Mobile Communications, Vehicle Components Solutions, and Business Solutions segments. LG Electronics Inc. was founded in 1958 and is headquartered in Seoul, South Korea.

5. Whirlpool Corporation

Whirlpool Corporation manufactures and markets home appliances and related products and services in North America, Europe, the Middle East, Africa, Latin America, and Asia.  Whirlpool Corporation was founded in 1911 and is headquartered in Benton Harbor, Michigan.

6. Therma-Stor LLC

Therma-stor is a consumer goods company that manufactures dehumidifiers and ventilation systems.founded in 1977, headquartered in Madison, U.S.

7. De’Longhi Appliances

Braun develops and manufactures a wide variety of small domestic appliances that marry technical innovation and reliable quality. Founded in 1928, headquartered in Hessen, Germany.

8. Mitsubishi Electric

Mitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company was incorporated in 1921 and is headquartered in Tokyo, Japan.

9. Munters, and Bry-AirMunters Group AB (publ) provides climate solutions in Sweden and internationally. The company operates through three segments: AirTech, Data Center Technologies, and FoodTech. Munters Group AB (publ) was founded in 1955 and is headquartered in Kista, Sweden.

*Definition- Dehumidification is a psychological process that eliminates moisture or vapour from the air. Dehumidification, along with heating and cooling, is becoming more common in air conditioning applications. A dehumidifier is an electrical device that reduces and maintains the amount of moisture in the air.

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