World News: 19:01 GMT Friday 10th August 2018. [Research and Markets via Businesswire via SPi World News]
The "Indoor Humidifiers Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
Indoor humidifiers market is expected to witness CAGR of 5.11% over the forecast period to reach a total market size of US$931.674 million by 2023, from US$690.737 million in 2017.
Humidifiers are the appliances or an arrangement that adds moisture and increases the humidity level in the air to retain humidity at the required point. Humidifiers are preferably used in cold stores, data centers, and especially in agriculture production units, and other areas where environment critical products are processed and packaged.
Additionally, these are used for comfort and health reasons in industrial and healthcare sectors. The humidifier industry is expected to see constant growth in coming years due to the growing awareness about standardization of indoor air quality and growth in industrial productivity in the Northern parts of America.
However, rising operational and maintenance cost related to humidification products is hampering the market growth. Conversely, with technological advancements, different energy efficient and safe products are about to be introduced by humidifier manufacturers in the coming future. Features such as ease of usage and simplified installation process are expected to drive growth over the next six years.
North America indoor humidifier market, which is majorly driven by the demand originating from the U.S., is the biggest market for indoor humidifiers. Asia Pacific region will witness the fastest demand growth over the forecast period, while European region will grow moderatly during the next six years.
Scope of the Report
By Product Type
By Industry Vertical
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Indoor Humidifier Market Forecast by Type
6. Indoor Humidifier Market Forecast by Industry Verticals
7. Indoor Humidifier Market by Geography
8. Competitive Intelligence
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/kd5r87/931_mn_indoor?w=4
Business Wire: 19:01 GMT Friday 10th August 2018
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