Spain Dehumidifier Market Size & Outlook, 2023-2030
Spain dehumidifier market, 2018-2030 (US$M)
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Spain dehumidifier market highlights
- The Spain dehumidifier market generated a revenue of USD 76.3 million in 2023 and is expected to reach USD 114.3 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, desiccant was the largest revenue generating technology in 2023.
- Desiccant is the most lucrative technology segment registering the fastest growth during the forecast period.
Dehumidifier market data book summary
| Market revenue in 2023 | USD 76.3 million |
| Market revenue in 2030 | USD 114.3 million |
| Growth rate | 5.9% (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 |
Other key industry trends
- In terms of revenue, Spain accounted for 2.4% of the global dehumidifier market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany dehumidifier market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 379.0 million by 2030.
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Dehumidifier Market Scope
Dehumidifier Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain dehumidifier market outlook
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 56.09% in 2023. Horizon Databook has segmented the Spain dehumidifier market based on refrigerative, desiccant, electronic/heat pump covering the revenue growth of each sub-segment from 2018 to 2030.
Food & beverages is an important industry for revenue generation in the country. According to Food Drink Europe, Spain is the fourth-largest country in the region in terms of turnover of the food & beverages industry.
This is expected to increase the level of automation in the food & beverages industry in Spain in the coming years to carry out various processes, thereby fueling the demand for dehumidifiers in the country. Companies operating in the food & energy industry in Spain require moisture management systems to ensure the integrity of their end products.
Controlling humidity in packing lines is crucial to keep the products dry and prevent their clumping in machinery during the packaging process to avoid breakdowns. This contributes to the requirement for installing dehumidifiers in these lines, thereby leading to the growth of the market.
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Our clientele includes a mix of dehumidifier market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain dehumidifier market , including forecasts for subscribers. This country databook contains high-level insights into Spain dehumidifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain dehumidifier market size, by technology, 2018-2030 (US$M)
Spain Dehumidifier Market Outlook Share, 2023 & 2030 (US$M)
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