Indoor Humidifier Market

Indoor Humidifier Market is expected to reach US$300.4 mn in 2020
Transparency Market Research has recently published a new research report that
discusses the indoor humidifier market in North America. According to the research
report, titled “Indoor Humidifier Market – North America Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2014 – 2020”, the market is set to witness a
positive growth rate due to the growing adoption of humidifiers in several places.
The research report back up this forecast with the help of market measurement tools
such as a SWOT analysis and Porter’s five forces analysis. The report also estimates
the political, economic, social, technological, legal, and environmental aspects of the
market to highlight their impact on the growth of the North America indoor
humidifier market.
According to the research report, the indoor humidifier market was valued at
US$212.4 mn in 2013 and is expected to reach US$300.4 mn in 2020, registering a
CAGR of 5.40% from 2014 to 2020. The steady growth of the indoor humidifier
market in North America is largely due to the growing awareness about maintaining
indoor air quality, especially in commercial spaces. This market is also being
propelled by the ongoing research and development that is leading to the
introduction of energy-efficient indoor humidifiers and integration of HVAC
equipment with humidifiers.
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The indoor humidifier market has been segmented on the basis of product,
application, and geography. The products sold in the North America indoor
humidifier market are ultrasonic humidifiers, warm-mist humidifiers, evaporative
humidifiers, vaporizers, and steam to steam humidifiers. The applications of
humidifiers are seen in the industrial and commercial sectors. The industrial sector is
inclusive of the automotive industry, the IT industry, the healthcare industry, the
textile, wood, paper, and pulp industry, and the food and beverage industry. On the
other hand, the commercial sector consists of education institutes, enterprises, retail
and cold stores, and media and entertainment. Geographically, the indoor humidifier
market is segmented into the U.S. and Canada.
Among the product segments of the indoor humidifier market in North America, the
evaporative indoor humidifiers segment holds a dominating position, as it generated
34.2% of the total revenue in 2013. Research analysts predict this segment will hold
the leading position between 2014 and 2020, expanding at a CAGR of 5.70%.
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The research report profiles some of the key players in the North America indoor
humidifier market such as DRI-STEEM Corporation, Pure Humidifier, Carel Industries,
S.p.A, MEE Industries, Inc., Armstrong International, Inc., and Walter Meier Group.
The report assesses each of these players and offers detailed data on the financial
overview of these companies, their business and marketing strategies, plans for
strategic mergers and acquisitions, and investment outlook for the near future.