An humidifying equipment is used to increase the relative humidity of the room to ensure that the dry area has sufficient moisture for the comfort of the person present there. The humidifier emits water vapor or steam into the air to increase humidity and help people avoid the problems of dry air. Therefore, the increase in prevalence of diseases such as asthma, sinusitis, and other diseases caused by allergies and dry air is expected to create huge demand for humidifiers.
Market Scope and Structure Analysis
Humidifying equipment market is developing at an increasing pace from some year and it is expected that market will develop in the predicted period. The major players working in the market are focused on the creation of new products to attract a large customer base and maintain their position in a competitive business environment. Companies that manufacture software incorporate advanced technology to introduce smart portable products. Customers are now aware about the proliferation of diseases such as sinusitis, asthma, other diseases caused by dry air, and to retain certain moisture in the air using moisturizers.
COVID-19 Impact Analysis
- The impact of the COVID-19 outbreak temporarily shut down the operation, production, and supply chain process in humidifying equipment market.
- Industries related to the use of humidifying equipment market product are more likely to go backward, therefore, decreasing the growth of the humidifying equipment market.
- The market has declined due to strict laws imposed by various governments on the distribution of goods and people during the pandemic. However, industries related to the use of these market products are likely to be back on track, leading to greater demand for humidifiers equipment in the coming years.
- An increase in the prevalence of diseases such as sinusitis, asthma, all diseases caused by allergies, and dry air is expected to create a huge demand for humidifiers. These diseases are more dangerous during COVID-19, so people are aware of maintaining specific humidity in the air which results in increasing demand for humidifiers.
Top Impacting Factors
- Now, customers are aware about the prevalence of diseases caused by dry air.
- The function of the medium humidifier is to adjust the constant relative humidity. It comes in a variety of sizes, types, and style of installation according to the cost.
- The major players working in the market are focused on creating new products to attract a large customer base and maintain their position in the competitive business environment. Companies that manufacture software incorporate advanced technology to introduce smart portable products.
Marketing Trends
- A humidifier named MIJIA Smart Sterilization, launched by XIAOMI on July 2019. With UV-C smart water purifier convenient for office and home use. It has a humidity assessment and adjustment function that takes insight very intelligently from real-time indoor humidity.
- Condair Group AG, a Swiss manufacturer working on industrial and commercial humidification and cooling by evaporation systems acquired Australia based company Aireven Pty Ltd at an undisclosed price on August 2018. Purchase of Aireven Pty Ltd keeps the Condair Group integration strategy in the Asia-Pacific region and aims to strengthen the company's global position in the business.
- Phillips launched a new smart air purifier to improve air quality on March 2021. This new product is looked upon by families as the most basic important component of the home –the breathing air.
Key Benefits of the Report
- This study presents the analytical depiction of the humidifying equipment market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the humidifying equipment market.
- The current market is quantitatively analyzed to highlight the humidifying equipment market scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed humidifying equipment market based on competitive intensity and how the competition will take shape in coming years.
Key Market Segments
- By Type
- Warm-mist Humidifier
- Cool-mist Humidifier
- Ultrasonic Humidifier
- Evaporative Humidifier
- By Distribution Channel
- Multi-brand Stores
- Exclusive Stores
- Online Stores
- By Application
- Commercial
- Industrial
- Residential
- By Region
- North America
- Europe
- France
- Germany
- Italy
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Dyson Ltd.,
- Carel Industries,
- Xiaomi.
- Winix Inc.,
- CondairGroup,
- Crane,
- Dristeem,
- Honeywell International,
- Koninklijke Philips N.V,
- Boneco,
- Armstrong International,