Market revenue in 2023 | USD 155.2 million |
Market revenue in 2030 | USD 253.4 million |
Growth rate | 7.3% (CAGR from 2023 to 2030) |
Largest segment | Desiccant |
Fastest growing segment | Desiccant |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 57.02% in 2023. Horizon Databook has segmented the Middle East & Africa dehumidifier market based on refrigerative, desiccant, electronic/heat pump covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa region is characterized by several developing as well as underdeveloped countries. The increasing emphasis on lowering reliance on the energy industry and increasing measures by the government to raise domestic production output in petrochemicals, food, pharmaceutical, defense, and other sectors, are likely to increase the use of dehumidifiers in the coming years.
For instance, U.A.E. is expected to source approximately 6,700 liters of drinking water from the atmosphere by hyper-dehumidifiers. Population growth, industrialization, and economic development in Middle Eastern countries are expected to drive the demand for natural gas and crude oil over the forecast period.
Over the past few years, the governments of countries like Saudi Arabia, have been increasing expenditure on petrochemical and refining facilities. Countries, including Mauritania, Saudi Arabia, Egypt, Ghana, Mali, Tanzania, and Guinea, carry out significant mining activities in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa dehumidifier market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa dehumidifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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