Table of Content

1 INTRODUCTION 29
1.1 STUDY OBJECTIVES 29
1.2 MARKET DEFINITION 30
1.3 STUDY SCOPE 30
1.3.1 MARKETS COVERED 30
FIGURE 1 DESICCANT DEHUMIDIFIER MARKET SEGMENTATION 30
1.3.2 INCLUSIONS AND EXCLUSIONS 31
1.3.3 REGIONAL SCOPE 31
1.3.4 YEARS CONSIDERED 32
1.4 CURRENCY CONSIDERED 32
1.5 VOLUME UNIT CONSIDERED 32
1.6 STAKEHOLDERS 33
1.7 RECESSION ANALYSIS 33
FIGURE 2 GDP GROWTH PROJECTION TILL 2023 FOR MAJOR ECONOMIES 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
FIGURE 3 DESICCANT DEHUMIDIFIER MARKET: RESEARCH DESIGN 35
2.1.1 SECONDARY DATA 36
2.1.1.1 List of key secondary sources 36
2.1.1.2 Key data from secondary sources 37
2.1.2 PRIMARY DATA 37
2.1.2.1 Primary interviews with experts 37
2.1.2.2 Breakdown of primaries 38
2.1.3 SECONDARY AND PRIMARY RESEARCH 39
2.1.3.1 Key industry insights 39
2.2 MARKET SIZE ESTIMATION 40
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF MARKET PLAYERS 40
2.2.1 BOTTOM-UP APPROACH 41
2.2.1.1 Approach for capturing market size by bottom-up analysis (demand side) 41
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 41
2.2.2 TOP-DOWN APPROACH 42
2.2.2.1 Approach for capturing market size by top-down analysis (supply side) 42
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 42
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 43
FIGURE 7 DATA TRIANGULATION 43
2.4 RESEARCH ASSUMPTIONS 44
2.5 RISK ASSESSMENT 44
2.5.1 IMPACT OF RECESSION 45
2.6 LIMITATIONS 45
3 EXECUTIVE SUMMARY 46
3.1 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST 46
FIGURE 8 DESICCANT DEHUMIDIFIER MARKET FOR PORTABLE TYPES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 47
FIGURE 9 DESICCANT DEHUMIDIFIER MARKET FOR ENERGY APPLICATIONS TO DOMINATE DURING FORECAST PERIOD 48
FIGURE 10 DESICCANT DEHUMIDIFIER MARKET FOR INDUSTRIAL END USER SEGMENT TO HOLD LARGER SHARE DURING FORECAST PERIOD 48
FIGURE 11 DESICCANT DEHUMIDIFIER MARKET IN NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD 49
4 PREMIUM INSIGHTS 50
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DESICCANT DEHUMIDIFIER MARKET 50
FIGURE 12 RISING CONSTRUCTION ACTIVITIES AND INDUSTRIALIZATION TO BOOST MARKET GROWTH 50
4.2 DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE 50
FIGURE 13 FIXED OR MOUNTED DESICCANT DEHUMIDIFIERS TO HOLD LARGER SHARE OF MARKET DURING FORECAST PERIOD 50
4.3 DESICCANT DEHUMIDIFIER MARKET, BY APPLICATION 51
FIGURE 14 ENERGY APPLICATION SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 51
4.4 DESICCANT DEHUMIDIFIER MARKET, BY END USER 51
FIGURE 15 COMMERCIAL END USER SEGMENT TO WITNESS HIGHER GROWTH DURING FORECAST PERIOD 51
4.5 DESICCANT DEHUMIDIFIER MARKET, BY REGION 52
FIGURE 16 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 52
4.6 DESICCANT DEHUMIDIFIER MARKET IN ASIA PACIFIC, BY COUNTRY AND PRODUCT TYPE 52
FIGURE 17 CHINA AND FIXED OR MOUNTED DESICCANT DEHUMIDIFIERS HELD LARGEST SHARES OF DESICCANT DEHUMIDIFIER MARKET IN 2022 52
4.7 DESICCANT DEHUMIDIFIER MARKET, BY COUNTRY 53
FIGURE 18 CHINA TO RECORD HIGHEST CAGR IN DESICCANT DEHUMIDIFIER MARKET DURING FORECAST PERIOD 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
5.2 MARKET DYNAMICS 54
FIGURE 19 DESICCANT DEHUMIDIFIER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 54
5.2.1 DRIVERS 55
FIGURE 20 DESICCANT DEHUMIDIFIER MARKET DRIVERS AND THEIR IMPACT 55
5.2.1.1 Rising adoption of desiccant dehumidifiers in various industries 55
5.2.1.2 Increasing government regulatory policies and incentives for clean energy 56
5.2.1.3 Growing construction activities 57
FIGURE 21 GLOBAL CONSTRUCTION MARKET GROWTH, 2020–2030 57
5.2.2 RESTRAINTS 58
FIGURE 22 DESICCANT DEHUMIDIFIER MARKET RESTRAINTS AND THEIR IMPACT 58
5.2.2.1 Complex installation process of desiccant dehumidifiers 58
5.2.2.2 High initial cost of desiccant dehumidifiers 58
5.2.3 OPPORTUNITIES 59
FIGURE 23 DESICCANT DEHUMIDIFIER MARKET OPPORTUNITIES AND THEIR IMPACT 59
5.2.3.1 Growing adoption of desiccant dehumidifiers in clean room environments 59
5.2.4 CHALLENGES 60
FIGURE 24 DESICCANT DEHUMIDIFIER MARKET CHALLENGES AND THEIR IMPACT 60
5.2.4.1 Limitations in terms of applications for desiccant dehumidifiers 60
5.2.4.2 Environmental concerns related to desiccant dehumidifiers 60
5.3 VALUE CHAIN ANALYSIS 61
FIGURE 25 VALUE CHAIN ANALYSIS OF DESICCANT DEHUMIDIFIER ECOSYSTEM 61
5.3.1 RESEARCH & DEVELOPMENT ENGINEERS AND DESIGNERS 61
5.3.2 RAW MATERIAL SUPPLIERS 62
5.3.3 DESICCANT DEHUMIDIFIER MANUFACTURERS AND SYSTEM INTEGRATORS 62
5.3.4 DISTRIBUTORS AND SUPPLIERS 62
5.3.5 END USERS 62
5.3.6 AFTER-SALES SERVICE PROVIDERS 62
5.4 ECOSYSTEM/MARKET MAP 63
FIGURE 26 DESICCANT DEHUMIDIFIER MARKET: ECOSYSTEM/MARKET MAP 63
TABLE 1 PLAYERS AND THEIR ROLE IN ECOSYSTEM 63
5.5 TRENDS IMPACTING CUSTOMER BUSINESS 65
FIGURE 27 REVENUE SHIFT AND NEW REVENUE POCKETS FOR DESICCANT DEHUMIDIFIER MANUFACTURERS 65
5.6 PORTER’S FIVE FORCE ANALYSIS 66
TABLE 2 IMPACT OF PORTERS FIVE FORCES ON DESICCANT DEHUMIDIFIER MARKET 66
FIGURE 28 DESICCANT DEHUMIDIFIER MARKET: PORTER’S FIVE FORCES ANALYSIS 67
5.6.1 INTENSITY OF COMPETITIVE RIVALRY 67
5.6.2 BARGAINING POWER OF SUPPLIERS 68
5.6.3 BARGAINING POWER OF BUYERS 68
5.6.4 THREAT OF SUBSTITUTES 68
5.6.5 THREAT OF NEW ENTRANTS 68
5.7 KEY STAKEHOLDERS AND BUYING CRITERIA 69
FIGURE 29 KEY STAKEHOLDERS IN BUYING PROCESS 69
TABLE 3 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%) 69
?
5.7.1 BUYING CRITERIA 70
FIGURE 30 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS 70
TABLE 4 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS 70
5.8 CASE STUDIES 71
5.8.1 BRY-AIR HELPED VINIT PERFORMANCE POLYMERS PVT. LTD. MAINTAIN PRODUCT QUALITY BY INCORPORATING MOISTURE CONTROL SOLUTION 71
5.8.2 MUNTERS HELPED GERMAN SUPERMARKET CHAIN LIDL WITH MOLD AND DEGRADATION BUILDING PROTECTION 71
5.8.3 MUNTERS PROVIDED DEHUMIDIFICATION SOLUTION FOR PACKAGING PROBLEMS IN TOFFEE PRODUCTION 72
5.8.4 DT GROUP HELPED THERMAL PLANT BOILER WITH PRESERVATION OF DRY AIR 72
5.8.5 PHARMACEUTICAL FACILITIES INCORPORATED CLIMATE CONTROL SOLUTION BY MUNTERS 73
5.9 TECHNOLOGY ANALYSIS 73
5.9.1 KEY TECHNOLOGY 73
5.9.1.1 Liquid desiccant dehumidification technology 73
5.9.1.2 Hybrid dehumidifier systems 73
5.9.1.3 Solar-powered desiccant dehumidifier systems 74
5.9.1.4 Membrane-based desiccant dehumidifier systems 74
5.9.2 ADJACENT TECHNOLOGY 74
5.9.2.1 Cloud computing in desiccant dehumidifier systems 74
5.10 TRADE ANALYSIS 75
5.10.1 IMPORT SCENARIO 75
5.10.1.1 Import scenario for HVAC machines 75
TABLE 5 IMPORT DATA, BY COUNTRY, 2018–2022 (USD MILLION) 75
5.10.2 EXPORT SCENARIO 76
5.10.2.1 Export scenario for HVAC machines 76
TABLE 6 EXPORT DATA, BY COUNTRY, 2018–2022 (USD MILLION) 76
5.11 PATENT ANALYSIS 77
TABLE 7 NUMBER OF PATENTS REGISTERED IN DESICCANT DEHUMIDIFIER MARKET FROM 2013 TO 2023 77
FIGURE 31 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS BETWEEN 2013 AND 2023 78
FIGURE 32 DESICCANT DEHUMIDIFIER PATENTS PUBLISHED BETWEEN 2013 AND 2023 78
TABLE 8 LIST OF MAJOR PATENTS REGISTRATIONS RELATED TO DESICCANT DEHUMIDIFIER MARKET 79
5.12 TARIFFS 80
TABLE 9 MFN TARIFFS FOR HVAC MACHINES EXPORTED BY US 80
TABLE 10 MFN TARIFFS FOR HVAC MACHINES EXPORTED BY CHINA 81
TABLE 11 MFN TARIFFS FOR HVAC MACHINES EXPORTED BY INDIA 81
5.13 REGULATORY STANDARDS 81
5.13.1 INTEGRATED ENERGY FACTOR (IEF) 82
5.13.2 ENVIRONMENTAL HVAC REQUIREMENTS 82
5.13.2.1 Current HCFC regulations 82
5.13.2.2 New HFC regulations 82
5.13.2.3 US regulations 82
5.13.2.4 Canadian regulations 82
5.13.2.5 42 U.S.C. 6291(16) 82
5.13.3 HVAC EFFICIENCY STANDARDS 83
5.13.4 HVAC TECH CERTIFICATIONS 83
5.13.5 WORKFORCE SHORTAGES 83
TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 83
TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 84
TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85
TABLE 15 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
5.14 KEY CONFERENCES AND EVENTS, 2023–2024 86
TABLE 16 DESICCANT DEHUMIDIFIER MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 86
5.15 PRICING ANALYSIS 88
TABLE 17 DESICCANT DEHUMIDIFIER SELLING PRICES 88
5.15.1 AVERAGE SELLING PRICE OF MARKET PLAYERS, BY END USER 90
FIGURE 33 AVERAGE SELLING PRICE OF MARKET PLAYERS FOR DESICCANT DEHUMIDIFIERS, BY END USER 90
TABLE 18 AVERAGE SELLING PRICE OF KEY PLAYERS, BY END USER (USD) 90
6 DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE 91
6.1 INTRODUCTION 92
FIGURE 34 DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE 92
FIGURE 35 FIXED OR MOUNTED DESICCANT DEHUMIDIFIER SEGMENT TO HOLD LARGER MARKET SHARE FROM 2023 TO 2028 92
TABLE 19 DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION) 92
TABLE 20 DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 93
TABLE 21 DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019–2022 (THOUSAND UNITS) 93
TABLE 22 DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2023–2028 (THOUSAND UNITS) 93
6.2 FIXED OR MOUNTED DESICCANT DEHUMIDIFIERS 94
6.2.1 USAGE IN DEHUMIDIFICATION OF LARGE AREAS TO DRIVE MARKET 94
6.2.1.1 Use case: Desiccant Technologies Group (Lithuania) installed fixed desiccant dehumidifiers in pharmacare PLC plant (Israel) 94
6.2.1.2 Use case: DehuTech AB? (Sweden) installed a fixed desiccant dehumidifier in a meat processing plant 94
TABLE 23 FIXED OR MOUNTED DESICCANT DEHUMIDIFIERS: DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2019–2022 (USD MILLION) 95
TABLE 24 FIXED OR MOUNTED DESICCANT DEHUMIDIFIERS: DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2023–2028 (USD MILLION) 95
TABLE 25 FIXED OR MOUNTED DESICCANT DEHUMIDIFIERS: DESICCANT DEHUMIDIFIER MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 95
TABLE 26 FIXED OR MOUNTED DESICCANT DEHUMIDIFIERS: DESICCANT DEHUMIDIFIER MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 96
TABLE 27 FIXED OR MOUNTED DESICCANT DEHUMIDIFIERS: DESICCANT DEHUMIDIFIER MARKET, BY REGION, 2019–2022 (USD MILLION) 96
TABLE 28 FIXED OR MOUNTED DESICCANT DEHUMIDIFIERS: DESICCANT DEHUMIDIFIER MARKET, BY REGION, 2023–2028 (USD MILLION) 96
6.3 PORTABLE DESICCANT DEHUMIDIFIERS 97
6.3.1 GREATER FLEXIBILITY COMPARED TO FIXED OR MOUNTED TYPES TO BOOST MARKET GROWTH 97
6.3.1.1 Use case: Vasterangs School (Sweden) installed portable dehumidifier from Airwatergreen AB(Sweden) 97
6.3.1.2 Use case: Libary of Alexandria in Egypt installs portable desiccant dehumidifier 97
TABLE 29 PORTABLE DESICCANT DEHUMIDIFIERS: DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2019–2022 (USD MILLION) 97
TABLE 30 PORTABLE DESICCANT DEHUMIDIFIERS: DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2023–2028 (USD MILLION) 98
TABLE 31 PORTABLE DESICCANT DEHUMIDIFIERS: DESICCANT DEHUMIDIFIER MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 98
TABLE 32 PORTABLE DESICCANT DEHUMIDIFIERS: DESICCANT DEHUMIDIFIER MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 98
TABLE 33 PORTABLE DESICCANT DEHUMIDIFIERS: DESICCANT DEHUMIDIFIER MARKET, BY REGION, 2019–2022 (USD MILLION) 99
TABLE 34 PORTABLE DESICCANT DEHUMIDIFIERS: DESICCANT DEHUMIDIFIER MARKET, BY REGION, 2023–2028 (USD MILLION) 99
7 DESICCANT DEHUMIDIFIER MARKET, BY APPLICATION 100
7.1 INTRODUCTION 101
FIGURE 36 DESICCANT DEHUMIDIFIER MARKET, BY APPLICATION 101
FIGURE 37 ELECTRONICS SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 101
TABLE 35 DESICCANT DEHUMIDIFIER MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 102
TABLE 36 DESICCANT DEHUMIDIFIER MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 102
7.2 ENERGY 103
7.2.1 RISING DEMAND FOR DESICCANT DEHUMIDIFIERS IN POWER PLANTS AND WIND TURBINES TO DRIVE MARKET 103
7.2.1.1 Use case: Munters installed desiccant dehumidifiers to protect windmill tower in Denmark 103
7.2.1.2 Use case: Desiccant Technologies Group (Lithuania) provided customized desiccant dehumidifier to thermal power plant in Ukraine 104
7.2.1.3 Use case: QinetiQ (UK) leveraged desiccant dehumidifier system in its battery production plant 104
TABLE 37 ENERGY: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION) 104
TABLE 38 ENERGY: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 104
7.3 FOOD AND PHARMACEUTICAL 105
7.3.1 RISING NEED TO EXTEND SHELF LIFE OF FOOD AND PHARMACEUTICAL PRODUCTS TO PROPEL MARKET GROWTH 105
7.3.1.1 Use case: Fairfax London (London) uses desiccant dehumidifiers manufactured by Munters (Sweden) to dry age beef 106
7.3.1.2 Use case: Kolafabriken (Sweden) installed desiccant dehumidifiers in its food processing factory 106
7.3.1.3 Use case: Desiccant dehumidifiers are installed in Scandinavian micro biodevices in Denmark 106
7.3.1.4 Use case: Astra Zeneca (Sweden) installed desiccant dehumidifiers for maintaining optimum moisture levels 106
7.3.1.5 Use case: Carletti (Denmark) achieved reduced drying times with big energy savings 106
TABLE 39 FOOD AND PHARMACEUTICAL: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION) 107
TABLE 40 FOOD AND PHARMACEUTICAL: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 107
7.4 ELECTRONICS 107
7.4.1 RISING DEMAND FOR HIGH-QUALITY ELECTRONIC COMPONENTS TO FAVOR MARKET EXPANSION 107
7.4.1.1 Use case: Use of desiccant dehumidifiers to avoid corrosion and electronic failures due to humidity in electronic manufacturing plant 108
TABLE 41 ELECTRONICS: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION) 108
TABLE 42 ELECTRONICS: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 109
7.5 CHEMICAL 109
7.5.1 RISING NEED TO MAINTAIN CONSISTENT AND CONTROLLED HUMIDITY LEVELS IN CHEMICAL INDUSTRY TO FUEL DEMAND 109
7.5.1.1 Use case: Gemlik Gubre (Turkey) uses Munters’ (Sweden) dehumidifiers to maintain humidity levels in its storage facility 110
7.5.1.2 Use case: Citrique Belge (Belgium) has installed desiccant dehumidifier from Munters (Sweden)in its production facility 110
7.5.1.3 Use case: Madras Fertilizers Limited, India installed desiccant dehumidifier in its plant 110
TABLE 43 CHEMICAL: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION) 110
TABLE 44 CHEMICAL: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 111
7.6 CONSTRUCTION 111
7.6.1 RISING ADOPTION OF DESICCANT DEHUMIDIFIERS TO CONTROL MOISTURE LEVELS IN CONSTRUCTION SCHEDULES 111
7.6.1.1 Use case: Munters (Sweden) installs desiccant dehumidifier to prevent condensation in operating room of Lossen Dam (Sweden) 112
7.6.1.2 Hong Kong–Zhuhai–Macau bridge uses desiccant dehumidifiers to ensure its protection 112
TABLE 45 CONSTRUCTION: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION) 112
TABLE 46 CONSTRUCTION: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 112
8 DESICCANT DEHUMIDIFIER MARKET, BY END USER 113
8.1 INTRODUCTION 114
FIGURE 38 DESICCANT DEHUMIDIFIER MARKET, BY END USER 114
FIGURE 39 DESICCANT DEHUMIDIFIER MARKET FOR COMMERCIAL END USER SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 114
TABLE 47 DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2019–2022 (USD MILLION) 114
TABLE 48 DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2023–2028 (USD MILLION) 115
8.2 COMMERCIAL 115
8.2.1 INCREASING NEED TO REDUCE ENERGY CONSUMPTION IN COMMERCIAL FACILITIES TO DRIVE MARKET 115
8.2.1.1 Use case: Ritz Carlton Hotel uses desiccant dehumidifiers in its new property on Caribbean Island of Aruba 116
8.2.1.2 Use case: Desiccant Technologies Group (Lithuania) installed desiccant dehumidifier in an enclosed type of lifeboat 116
8.2.1.3 Use case: Asda Supermarkets (UK) installed desiccant dehumidifiers from Seibu Giken DST (Sweden) 116
TABLE 49 COMMERCIAL: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION) 117
TABLE 50 COMMERCIAL: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 117
TABLE 51 COMMERCIAL: DESICCANT DEHUMIDIFIER MARKET, BY REGION, 2019–2022 (USD MILLION) 117
TABLE 52 COMMERCIAL: DESICCANT DEHUMIDIFIER MARKET, BY REGION, 2023–2028 (USD MILLION) 118
8.3 INDUSTRIAL 118
8.3.1 INCREASING DEMAND FOR ENERGY-EFFICIENT AND SUSTAINABLE SOLUTIONS TO BOOST MARKET 118
8.3.1.1 Use case: KLM (Netherlands) installed Munters MLT800 desiccant dehumidifier 118
8.3.1.2 Use case: Vordingborg Utility (Denmark) installed desiccant dehumidifiers from Munters (Sweden) 119
TABLE 53 INDUSTRIAL: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION) 119
TABLE 54 INDUSTRIAL: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 119
TABLE 55 INDUSTRIAL: DESICCANT DEHUMIDIFIER MARKET, BY REGION, 2019–2022 (USD MILLION) 119
TABLE 56 INDUSTRIAL: DESICCANT DEHUMIDIFIER MARKET, BY REGION, 2023–2028 (USD MILLION) 120
9 DESICCANT DEHUMIDIFIER MARKET, BY REGION 121
9.1 INTRODUCTION 122
FIGURE 40 DESICCANT DEHUMIDIFIER MARKET, BY REGION 122
FIGURE 41 NORTH AMERICA TO DOMINATE DESICCANT DEHUMIDIFIER MARKET DURING FORECAST PERIOD 122
TABLE 57 DESICCANT DEHUMIDIFIER MARKET, BY REGION, 2019–2022 (USD MILLION) 123
TABLE 58 DESICCANT DEHUMIDIFIER MARKET, BY REGION, 2023–2028 (USD MILLION) 123
9.2 NORTH AMERICA 124
9.2.1 IMPACT OF RECESSION ON NORTH AMERICAN DESICCANT DEHUMIDIFIER MARKET 124
FIGURE 42 NORTH AMERICA: DESICCANT DEHUMIDIFIER MARKET SNAPSHOT 125
TABLE 59 NORTH AMERICA: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION) 125
TABLE 60 NORTH AMERICA: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 126
TABLE 61 NORTH AMERICA: DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2019–2022 (USD MILLION) 126
TABLE 62 NORTH AMERICA: DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2023–2028 (USD MILLION) 126
TABLE 63 NORTH AMERICA: DESICCANT DEHUMIDIFIER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 126
TABLE 64 NORTH AMERICA: DESICCANT DEHUMIDIFIER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 127
9.2.2 US 127
9.2.2.1 Rising demand for dehumidification in commercial and industrial environments to contribute to market growth 127
9.2.2.2 Use case: Tyson (US) controlled condensation with desiccant dehumidification system from Munters (Sweden) 128
9.2.2.3 Use case: Speeding up sterilization process with desiccant dehumidification 128
9.2.3 CANADA 128
9.2.3.1 Government of Canada’s planned investments in infrastructure to contribute to market growth 128
9.2.3.2 Use case: Avid Health (Canada) installed desiccant dehumidifier system from Seibu Giken DST (Sweden) 129
9.2.4 MEXICO 129
9.2.4.1 Expanding food industry to drive market growth 129
9.3 EUROPE 129
9.3.1 IMPACT OF RECESSION ON EUROPEAN DESICCANT DEHUMIDIFIER MARKET 130
FIGURE 43 EUROPE: DESICCANT DEHUMIDIFIER MARKET SNAPSHOT 131
TABLE 65 EUROPE: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION) 131
TABLE 66 EUROPE: DESICCANT DEHUMIDIFIER MARKET, BY TYPE, 2023–2028 (USD MILLION) 132
TABLE 67 EUROPE: DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2019–2022 (USD MILLION) 132
TABLE 68 EUROPE: DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2023–2028 (USD MILLION) 132
TABLE 69 EUROPE: DESICCANT DEHUMIDIFIER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 132
TABLE 70 EUROPE: DESICCANT DEHUMIDIFIER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 133
9.3.2 UK 133
9.3.2.1 Significant demand for desiccant dehumidifiers in manufacturing sector to propel market growth 133
9.3.2.2 Use case: Kitchen Range Foods (UK) leveraged desiccant dehumidifier to control humidity inside its cold storage facility 134
9.3.2.3 Use case: Nissan’s Sunderland (UK) installed desiccant dehumidifier units in its clean/dry rooms for battery production 134
9.3.3 GERMANY 134
9.3.3.1 Prominent construction sector in Germany to contribute to market growth 134
9.3.3.2 Use case: InovisCoat (Germany) leveraged desiccant dehumidification solution to control relative humidity 135
9.3.3.3 Use case: Battermann GmbH (Germany) installed desiccant dehumidifier ML1100 to resolve condensation problem 135
9.3.4 ITALY 135
9.3.4.1 Growing investments in energy sector to provide impetus for installation of desiccant dehumidifiers 135
9.3.4.2 Use case: Genoa bridge (Italy) installed dehumidification systems by DST 136
9.3.5 FRANCE 136
9.3.5.1 Increasing focus on energy reduction and greenhouse gas emission to contribute to market growth 136
9.3.5.2 Use case: Essarts poultry plant (France) installs desiccant dehumidifier to resolve condensation and enhance visibility 137
9.3.6 SPAIN 137
9.3.6.1 Rising investments in automotive and food technology manufacturing to boost market 137
9.3.6.2 Use case: MareDeus Food Solutions (Spain) utilized desiccant dehumidifier from Trotec for its food manufacturing facility 137
9.3.6.3 Use case: Antonio ?lvarez Jamones (Spain) leveraged desiccant dehumidifiers to provide ideal condition for ham production 138
9.3.7 REST OF EUROPE 138
9.3.7.1 Use case: Stena Line ships (Sweden) HSS Explorer and HSS Voyager utilized Munters dehumidification systems 138
9.3.7.2 Use case: PolyPeptide Group (Switzerland) meets FDA requirements with help of desiccant dehumidifiers 138
9.3.7.3 Use case: V?rfruberga-H?rads parish (Sweden) installed desiccant dehumidifiers to stop mold growth on its walls 138
9.4 ASIA PACIFIC 139
9.4.1 IMPACT OF RECESSION ON ASIA PACIFIC DESICCANT DEHUMIDIFIER MARKET 139
FIGURE 44 ASIA PACIFIC: DESICCANT DEHUMIDIFIER MARKET SNAPSHOT 140
TABLE 71 ASIA PACIFIC: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION) 140
TABLE 72 ASIA PACIFIC: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 141
TABLE 73 ASIA PACIFIC: DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2019–2022 (USD MILLION) 141
TABLE 74 ASIA PACIFIC: DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2023–2028 (USD MILLION) 141
TABLE 75 ASIA PACIFIC: DESICCANT DEHUMIDIFIER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 141
TABLE 76 ASIA PACIFIC: DESICCANT DEHUMIDIFIER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 142
9.4.2 CHINA 142
9.4.2.1 Increasing economic development coupled with rapid urbanization to contribute to market growth 142
9.4.2.2 Use case: DST (China) installs desiccant dehumidifiers in its lithium battery production plant 143
9.4.3 JAPAN 143
9.4.3.1 High demand for desiccant dehumidifiers across food and pharmaceutical industry to foster market growth 143
9.4.4 INDIA 144
9.4.4.1 Rapid industrialization to fuel demand for desiccant dehumidifiers 144
9.4.4.2 Use case: Hindustan Unilever Limited (HUL) (India) leveraged desiccant dehumidifier from Bry-Air to increase throughput of spray drying of instant coffee 144
9.4.5 SOUTH KOREA 145
9.4.5.1 Rising adoption in commercial and industrial environments to contribute to market growth 145
9.4.5.2 Use case: Food processing plant in South Korea installs desiccant dehumidifier system from Bry-Air 145
9.4.6 REST OF ASIA PACIFIC 145
9.4.6.1 Use case: National Archives of Australia upgraded its desiccant dehumidifier 146
9.4.6.2 Use case: SIRIM-National Metrology Lab, Malaysia, deploys desiccant dehumidifiers for controlling humidity 146
9.5 ROW 146
9.5.1 IMPACT OF RECESSION ON ROW DESICCANT DEHUMIDIFIER MARKET 146
FIGURE 45 ROW: DESICCANT DEHUMIDIFIER MARKET SNAPSHOT 147
TABLE 77 ROW: DESICCANT DEHUMIDIFIER MARKET, BY PRODUCT TYPE, 2019–2022 (USD MILLION) 148
TABLE 78 ROW: DESICCANT DEHUMIDIFIER MARKET IN ROW, BY PRODUCT TYPE, 2023–2028 (USD MILLION) 148
TABLE 79 ROW: DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2019–2022 (USD MILLION) 148
TABLE 80 ROW: DESICCANT DEHUMIDIFIER MARKET, BY END USER, 2023–2028 (USD MILLION) 148
TABLE 81 ROW: DESICCANT DEHUMIDIFIER MARKET, BY REGION, 2019–2022 (USD MILLION) 149
TABLE 82 ROW: DESICCANT DEHUMIDIFIER MARKET, BY REGION, 2023–2028 (USD MILLION) 149
9.5.2 MIDDLE EAST & AFRICA 149
9.5.2.1 Adoption of energy-efficient measures and initiatives to foster market growth 149
9.5.2.2 Use case: American University of Sharjah (UAE) deployed desiccant dehumidifiers to reduce high humidity in its swimming pool 150
9.5.2.3 Use case: Imperial Cold Logistics (South Africa) installed desiccant dehumidifiers to resolve problems resulting from high humidity 150
9.5.3 SOUTH AMERICA 151
9.5.3.1 Growth in commercial construction activities in South America to contribute to market growth 151
10 COMPETITIVE LANDSCAPE 152
TABLE 83 DESICCANT DEHUMIDIFIER MARKET: KEY GROWTH STRATEGIES ADOPTED BY COMPANIES FROM 2021 TO 2023 152
10.1 REVENUE ANALYSIS 154
FIGURE 46 FOUR-YEAR REVENUE ANALYSIS OF TOP FIVE PLAYERS IN DESICCANT DEHUMIDIFIER MARKET 154
10.2 MARKET SHARE ANALYSIS, 2022 154
TABLE 84 DESICCANT DEHUMIDIFIER MARKET: DEGREE OF COMPETITION 154
FIGURE 47 MARKET SHARE, 2022 155
10.3 KEY COMPANY EVALUATION QUADRANT, 2022 156
10.3.1 STARS 156
10.3.2 PERVASIVE PLAYERS 156
10.3.3 EMERGING LEADERS 157
10.3.4 PARTICIPANTS 157
FIGURE 48 DESICCANT DEHUMIDIFIER MARKET (GLOBAL): KEY COMPANY EVALUATION QUADRANT, 2022 157
10.4 STARTUP/SME EVALUATION QUADRANT, 2022 158
TABLE 85 STARTUPS/SMES IN DESICCANT DEHUMIDIFIER MARKET 158
10.4.1 PROGRESSIVE COMPANIES 161
10.4.2 RESPONSIVE COMPANIES 161
10.4.3 DYNAMIC COMPANIES 161
10.4.4 STARTING BLOCKS 161
FIGURE 49 DESICCANT DEHUMIDIFIER MARKET: STARTUP/SME EVALUATION QUADRANT, 2022 162
TABLE 86 STARTUP/SME MATRIX: DETAILED LIST OF KEY STARTUPS 163
10.4.5 COMPETITIVE BENCHMARKING 164
TABLE 87 DESICCANT DEHUMIDIFIER MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS, BY PRODUCT TYPE 164
TABLE 88 DESICCANT DEHUMIDIFIER MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS, BY REGION 164
10.5 DESICCANT DEHUMIDIFIER MARKET: COMPANY FOOTPRINT 165
TABLE 89 FOOTPRINT OF COMPANIES 165
TABLE 90 APPLICATION FOOTPRINT OF COMPANIES 166
TABLE 91 PRODUCT FOOTPRINT OF COMPANIES 168
TABLE 92 REGIONAL FOOTPRINT OF COMPANIES 169
10.6 COMPETITIVE SITUATIONS AND TRENDS 171
10.6.1 PRODUCT LAUNCHES 171
TABLE 93 DESICCANT DEHUMIDIFIER MARKET: PRODUCT LAUNCHES, 2019–2022 171
10.6.2 DEALS 172
TABLE 94 DESICCANT DEHUMIDIFIER MARKET: DEALS, 2020–2023 172
10.6.3 OTHERS 174
TABLE 95 OTHERS, 2022–2023 174
11 COMPANY PROFILES 175
11.1 KEY PLAYERS 175
(Business Overview, Products/Services/Solutions offered, Recent Developments, and MnM View)*
11.1.1 BRY-AIR 175
TABLE 96 BRY-AIR: BUSINESS OVERVIEW 175
TABLE 97 BRY-AIR: PRODUCT/SERVICE/SOLUTION OFFERINGS 176
TABLE 98 BRY-AIR: PRODUCT LAUNCHES AND DEVELOPMENTS 177
11.1.2 MUNTERS 178
TABLE 99 MUNTERS: BUSINESS OVERVIEW 178
FIGURE 50 MUNTERS: COMPANY SNAPSHOT 179
TABLE 100 MUNTERS: PRODUCT/SERVICE/SOLUTION OFFERINGS 179
TABLE 101 MUNTERS: DEALS 181
TABLE 102 MUNTERS: OTHERS 181
11.1.3 CONDAIR GROUP 183
TABLE 103 CONDAIR GROUP: BUSINESS OVERVIEW 183
TABLE 104 CONDAIR GROUP: PRODUCT/SERVICE/SOLUTION OFFERINGS 183
TABLE 105 CONDAIR GROUP: PRODUCT LAUNCHES AND DEVELOPMENTS 184
TABLE 106 CONDAIR GROUP: DEALS 184
11.1.4 COTES 186
TABLE 107 COTES: BUSINESS OVERVIEW 186
TABLE 108 COTES: PRODUCT/SERVICE/SOLUTION OFFERINGS 186
TABLE 109 COTES: PRODUCT LAUNCHES AND DEVELOPMENTS 188
11.1.5 SEIBU GIKEN DST 189
TABLE 110 SEIBU GIKEN DST: BUSINESS OVERVIEW 189
TABLE 111 SEIBU GIKEN DST: PRODUCT/SERVICE/SOLUTION OFFERINGS 189
11.1.6 TROTEC 191
TABLE 112 TROTEC: BUSINESS OVERVIEW 191
TABLE 113 TROTEC: PRODUCT/SERVICE/SOLUTION OFFERINGS 191
11.1.7 DEHUTECH AB 193
TABLE 114 DEHUTECH AB: BUSINESS OVERVIEW 193
TABLE 115 DEHUTECH AB.: PRODUCT/SERVICE/SOLUTION OFFERINGS 193
TABLE 116 DEHUTECH AG: PRODUCT LAUNCHES AND DEVELOPMENTS 196
11.1.8 FISEN CORPORATION 197
TABLE 117 FISEN CORPORATION: BUSINESS OVERVIEW 197
TABLE 118 FISEN CORPORATION: PRODUCT/SERVICE/SOLUTION OFFE