Market revenue in 2023 | USD 113.0 million |
Market revenue in 2030 | USD 187.3 million |
Growth rate | 7.5% (CAGR from 2023 to 2030) |
Largest segment | Desiccant |
Fastest growing segment | Desiccant |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Refrigerative, Desiccant, Electronic/Heat Pump |
Key market players worldwide | LG Electronics Inc ADR, Honeywell International Inc, Haier, De'Longhi SPA, Whirlpool Corp, Munters Group AB Class B |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dehumidifier market will help companies and investors design strategic landscapes.
Desiccant was the largest segment with a revenue share of 56.99% in 2023. Horizon Databook has segmented the Japan dehumidifier market based on refrigerative, desiccant, electronic/heat pump covering the revenue growth of each sub-segment from 2018 to 2030.
Some of the major industries in the country include manufacturing, automobile, and machinery. The automotive sector is an important pillar of the country's economy. Domestic automotive brands such as Toyota, Honda, Nissan, Mitsubishi, and Suzuki play an important role in making the country's automotive industry prominent globally.
In 2020, the sale of new electric vehicles exceeded 1.4 million, according to the Japan Automobile Dealers Association. Dehumidifiers are used in the automotive industry to remove excess humidity in automotive storage and processing. Therefore, the rising automotive production is anticipated to boost the dehumidifier market over the forecast period.
Dehumidifiers also play an important role in the pharmaceutical industry to help control the relative humidity of active pharmaceutical ingredients. The growing pharmaceutical industry is positively contributing to the growth of the dehumidifier market.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan dehumidifier market , including forecasts for subscribers. This country databook contains high-level insights into Japan dehumidifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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