Humidifier Market
Segments - by Types (Portable [Cool-mist Humidifiers, Ultrasonic Humidifiers, and Warm-mist Humidifiers] and Fixed), Applications (Residential, Commercial, and Industrial), Distribution Channels (Offline [Retail Stores, Exclusive Stores, and Others] and Online), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030
The global humidifier market size was valued at USD 1.7 billion in 2021 and is expected to surpass USD 3.4 billion by 2030, expanding at a CAGR of 5.6% during the forecast period, 2022–2030. The growth of the market is attributed to the rising air pollution level and increasing awareness about indoor air quality maintenance.
A humidifier is an electronic device that releases moisture into the air to regulate or prevent dryness in an indoor environment. Air dryness causes several health issues such as skin irritation, respiratory problems, and body allergies due to uneasiness in parts of the body such as dry nose, dry lips, and dry throat. The condition of air dryness can be a major problem for people having asthma, seasonal allergies, sinuses, and lung problems. A humidifier helps in alleviating these health issues and reducing infections as the device aids in moisturizing the dry air. As a result, devices are widely used in various residential, commercial, and industrial spaces to ensure a healthy and quality air cycle in a room or an entire house. However, excessive use of moisture and use of uncleaned humidifiers can produce pathogens that can cause several health issues to people.
The COVID-19 pandemic outbreak had a negative impact on the market due to prolong shutdown of the manufacturing units of manufacturers and sudden disruption in the supply chain as a consequence of emergency lockdowns across the globe. However, the pandemic had made people realize the importance of a healthier indoor environment and the need for setting up devices to provide quality air, especially in the living room. This paves the way to accelerate the demand for humidifiers in the coming years.
Market Trends, Drivers, Restraints, and Opportunities
- Wide prevalence of various health issues such as respiratory problems, and skin and eye infections caused by the condition of air dryness is a key factor driving the market.
- Growing awareness among consumers regarding the availability of various indoor air purification options and air conditioning methods is expected to boost the market in the coming years.
- Excessive use of moisture air and use of unclean humidifiers can cause bacterial growth that affects health conditions, which is expected to impede the market during the forecast period.
- High cost of devices and the requirement for replacing filters regularly are other major restraining factors that can hinder the market.
- Rapid introduction of innovative products by key players that improve the effectiveness of the devices in regulating indoor air quality is creating lucrative opportunities for the market.
Scope of the Report
The report on the global humidifier market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Humidifier Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2021 |
|
Historic Data |
2019–2020 |
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Forecast Period |
2022–2030 |
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Segmentation |
Types (Portable [Cool-mist Humidifiers, Ultrasonic Humidifiers, and Warm-mist Humidifiers] and Fixed), Applications (Residential, Commercial, and Industrial), and Distribution Channels (Offline [Retail Stores, Exclusive Stores, and Others] and Online) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
Honeywell International Inc.; Jarden Corporation; Boneco AG; Dyson Ltd; Crane USA; Carel Industries SpA; Neptronic; Hunter Home Comfort; Smart Fog Inc.; Venta Air Technologies, Inc.; Essick Air Products, Inc.; Aprilaire; and Guardian Technologies |
Market Segment Insights
Portable segment to hold a key market share
Based on types, the global humidifier market is bifurcated into portable and fixed. The portable segment is further divided into cool-mist humidifiers, ultrasonic humidifiers, and warm-mist humidifiers. The portable segment held a dominant market share in 2021 and is expected to hold a key market share during the forecast period owing to the high traction of cool mist humidifiers among consumers. Cool mist humidifiers are widely adopted in both residential and industrial spaces due to certain advantages of the device type such as protection from skin irritation and respiratory issues caused by germs and bacteria.
Rising construction of new residential buildings boosts the residential segment
In terms of applications, the market is segmented into residential, commercial, and industrial. The residential segment accounted for more than 42% of the global market share and is projected to exhibit a robust growth rate during the forecast period owing to the rising construction of new residential buildings and increasing demand for humidifiers to maintain the healthy air quality in an indoor environment. The rising global population as well as increasing consumers’ spending on smart home appliances and smart household items further boost the segment. As per several global reports, the humidifier sale share volume constituted more than 2% of the global home appliances market in 2021.
Availability of products from multiple brands boosts the online segment
On the basis of distribution channels, the global humidifier market is bifurcated into offline and online. The offline segment is further segregated into retail stores, exclusive stores, and others. The online segment is projected to register a considerable CAGR during the forecast period owing to the wide availability of different products from multiple brands and offering the devices at heavy discount prices. Moreover, the facility of door-step delivery from e-commerce platforms and easy exchange processes further drives the segment
Europe to dominate the market
In terms of regions, the global humidifier market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe constituted a major market share in 2021 and is expected to dominate the market during the projected period owing to the presence of a large health-conscious population, who are well aware of the benefits of using humidifiers in their households. Moreover, wide installation of the devices across companies based in the region to ensure a healthy working environment for employees or workers and rapid expansion of various industries further fuel the segment.
Segments
The global humidifier market has been segmented on the basis of
Types
- Portable
- Cool-mist Humidifiers
- Ultrasonic Humidifiers
- Warm-mist Humidifiers
- Fixed
Applications
- Residential
- Commercial
- Industrial
Distribution Channels
- Offline
- Retail Stores
- Exclusive Stores
- Others
- Online
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Honeywell International Inc.
- Jarden Corporation
- Boneco AG
- Dyson Ltd
- Crane USA
- Carel Industries SpA
- Neptronic
- Hunter Home Comfort
- Smart Fog Inc.
- Venta Air Technologies, Inc.
- Essick Air Products, Inc.
- Aprilaire
- Guardian Technologies
Competitive Landscape
Key players competing in the global humidifier market are Honeywell International Inc.; Jarden Corporation; Boneco AG; Dyson Ltd; Crane USA; Carel Industries SpA; Neptronic; Hunter Home Comfort; Smart Fog Inc.; Venta Air Technologies, Inc.; Essick Air Products, Inc.; Aprilaire; and Guardian Technologies. Some of these players have adopted a series of business development strategies including merger and acquisition, entering into partnerships and collaboration, product launches, and production capacity expansion to expand their consumer base and enhance their market share.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Humidifier Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Humidifier Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Humidifier Market - Supply Chain
4.5. Global Humidifier Market Forecast
4.5.1. Humidifier Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Humidifier Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Humidifier Market Absolute $ Opportunity
5. Global Humidifier Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Humidifier Market Size and Volume Forecast by Types
5.3.1. Portable
5.3.2. Fixed
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Humidifier Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Humidifier Market Size and Volume Forecast by Applications
6.3.1. Residential
6.3.2. Commercial
6.3.3. Industrial
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Humidifier Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Humidifier Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Humidifier Demand Share Forecast, 2019-2026
8. North America Humidifier Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Humidifier Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Humidifier Market Size and Volume Forecast by Types
8.4.1. Portable
8.4.2. Fixed
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Humidifier Market Size and Volume Forecast by Applications
8.7.1. Residential
8.7.2. Commercial
8.7.3. Industrial
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Humidifier Demand Share Forecast, 2019-2026
9. Latin America Humidifier Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Humidifier Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Humidifier Market Size and Volume Forecast by Types
9.4.1. Portable
9.4.2. Fixed
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Humidifier Market Size and Volume Forecast by Applications
9.7.1. Residential
9.7.2. Commercial
9.7.3. Industrial
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Humidifier Demand Share Forecast, 2019-2026
10. Europe Humidifier Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Humidifier Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Humidifier Market Size and Volume Forecast by Types
10.4.1. Portable
10.4.2. Fixed
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Humidifier Market Size and Volume Forecast by Applications
10.7.1. Residential
10.7.2. Commercial
10.7.3. Industrial
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Humidifier Demand Share Forecast, 2019-2026
11. Asia Pacific Humidifier Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Humidifier Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Humidifier Market Size and Volume Forecast by Types
11.4.1. Portable
11.4.2. Fixed
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Humidifier Market Size and Volume Forecast by Applications
11.7.1. Residential
11.7.2. Commercial
11.7.3. Industrial
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Humidifier Demand Share Forecast, 2019-2026
12. Middle East & Africa Humidifier Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Humidifier Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Humidifier Market Size and Volume Forecast by Types
12.4.1. Portable
12.4.2. Fixed
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Humidifier Market Size and Volume Forecast by Applications
12.7.1. Residential
12.7.2. Commercial
12.7.3. Industrial
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Humidifier Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Humidifier Market: Market Share Analysis
13.2. Humidifier Distributors and Customers
13.3. Humidifier Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Honeywell International Inc.
13.4.2. Jarden Corporation
13.4.3. Boneco AG
13.4.4. Dyson Ltd
13.4.5. Crane USA
13.4.6. Carel Industries SpA
13.4.7. Neptronic
13.4.8. Hunter Home Comfort
2. Assumptions and Acronyms Used
3. Research Methodology
4. Humidifier Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Humidifier Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Humidifier Market - Supply Chain
4.5. Global Humidifier Market Forecast
4.5.1. Humidifier Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Humidifier Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Humidifier Market Absolute $ Opportunity
5. Global Humidifier Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Humidifier Market Size and Volume Forecast by Types
5.3.1. Portable
5.3.2. Fixed
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Humidifier Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Humidifier Market Size and Volume Forecast by Applications
6.3.1. Residential
6.3.2. Commercial
6.3.3. Industrial
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Humidifier Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Humidifier Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Humidifier Demand Share Forecast, 2019-2026
8. North America Humidifier Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Humidifier Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Humidifier Market Size and Volume Forecast by Types
8.4.1. Portable
8.4.2. Fixed
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Humidifier Market Size and Volume Forecast by Applications
8.7.1. Residential
8.7.2. Commercial
8.7.3. Industrial
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Humidifier Demand Share Forecast, 2019-2026
9. Latin America Humidifier Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Humidifier Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Humidifier Market Size and Volume Forecast by Types
9.4.1. Portable
9.4.2. Fixed
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Humidifier Market Size and Volume Forecast by Applications
9.7.1. Residential
9.7.2. Commercial
9.7.3. Industrial
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Humidifier Demand Share Forecast, 2019-2026
10. Europe Humidifier Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Humidifier Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Humidifier Market Size and Volume Forecast by Types
10.4.1. Portable
10.4.2. Fixed
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Humidifier Market Size and Volume Forecast by Applications
10.7.1. Residential
10.7.2. Commercial
10.7.3. Industrial
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Humidifier Demand Share Forecast, 2019-2026
11. Asia Pacific Humidifier Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Humidifier Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Humidifier Market Size and Volume Forecast by Types
11.4.1. Portable
11.4.2. Fixed
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Humidifier Market Size and Volume Forecast by Applications
11.7.1. Residential
11.7.2. Commercial
11.7.3. Industrial
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Humidifier Demand Share Forecast, 2019-2026
12. Middle East & Africa Humidifier Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Humidifier Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Humidifier Market Size and Volume Forecast by Types
12.4.1. Portable
12.4.2. Fixed
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Humidifier Market Size and Volume Forecast by Applications
12.7.1. Residential
12.7.2. Commercial
12.7.3. Industrial
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Humidifier Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Humidifier Market: Market Share Analysis
13.2. Humidifier Distributors and Customers
13.3. Humidifier Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Honeywell International Inc.
13.4.2. Jarden Corporation
13.4.3. Boneco AG
13.4.4. Dyson Ltd
13.4.5. Crane USA
13.4.6. Carel Industries SpA
13.4.7. Neptronic
13.4.8. Hunter Home Comfort
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FAQ Section
Some frequently asked quetions about this report!
The global humidifier market size was valued at USD 1.7 billion in 2021 and is expected to surpass USD 3.4 billion by 2030.
The residential segment accounted for more than 42% of the global market share and is projected to exhibit a robust growth rate during the forecast period.
The key drivers of the market include the rising air pollution level and increasing awareness about indoor air quality maintenance.
Europe is likely to dominate the market during the forecast period.
The key players of the market are Honeywell International Inc.; Jarden Corporation; Boneco AG; Dyson Ltd; Crane USA; Carel Industries SpA; Neptronic; Hunter Home Comfort; Smart Fog Inc.; Venta Air Technologies, Inc.; Essick Air Products, Inc.; Aprilaire; and Guardian Technologies.
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