A new Technavio’s market research report segments the global humidifiers market by product (warm-mist humidifiers, ultrasonic humidifiers, and cool-mist humidifiers) and by geography (North America, Europe, APAC, and ROW). The leading vendors in this market are Jarden Corp., Honeywell International, Vicks, and Boneco.
Technavio has released updated information on the global humidifiers market, which is expected to grow at a CAGR of around 4% between 2015 and 2019. Factors such as introduction of stringent air quality regulations and the growing preference for health consciousness among consumers, are driving this market’s growth. The global humidifiers market is highly concentrated in North America, as the region occupies more than 51% of the total market share. Consumers are increasingly adopting humidifiers due to their ability to combat illness arising from poor air quality.
“Consumers are increasingly switching to ultrasonic humidifiers owing to their reduced operational expenses and energy savings. These humidifiers have superior cooling and humidifying capabilities, which has accelerated their demand among residential end-users, besides their industrial and commercial applications. Also, these humidifiers are capable of reducing the bacteria count in the air by nearly 90%. Now-a-days, these humidifiers have introduced clean mist technology, to prevent the growth of microbes on the water surface. Moreover, some of the recently introduced parts of ultrasonic humidifiers have digital interface which allows users to control the humidity as per their needs,” says Navin Rajendra, Lead Analyst, Engineering Equipment, Technavio Research.
The emergence of innovative humidifiers such as filterless humidifiers, portable humidifiers, and smart humidifiers are gaining prominence in this market. Dyson has introduced a humidifier with air multiplier technology which evenly disperses air in the room and cleans approx. 99% of the bacteria. Smart humidifiers facilitate users to regulate their home environment from their smartphones via Wi-Fi or Internet. Filterless humidifiers use an electrostatic charge to remove pollutants. Moreover, Satechi has released USB humidifiers, which can be plugged into a USB port for use at home, in cars, and in offices. These are energy-efficient humidifiers and consume power of only 2 watts.
The key vendors in the global humidifiers market are Jarden Corp., Honeywell International, Vicks, and Boneco. This market is extremely concentrated and consists of numerous international and local players. Innovations pertaining to technology and products will play a significant role in the growth of this market during the forecast period.
A more detailed analysis is available in the Technavio report, Global Humidifiers Market 2015-2019 – Industry Analysis.
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