London, 15 October 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Portable Air Humidifier and Dehumidifier Market in the US 2014-2018, which is expected to grow at a CAGR of 5.85 percent in terms of revenue and 3.98 percent in terms of units sold during 2013-2018.
“Newly constructed buildings install humidity control equipment at the actual construction stage, as it is more cost-effective than retrofitting,” says Faisal Ghaus, Vice President of TechNavio.
“Increase in retrofitting activities is more evident in the US, where existing infrastructure, mostly both residential and commercial buildings, are being retrofitted with energy-efficient humidity control products.”
Key Market Drivers
- Increase in Construction Activities
- Improved IAQ and Ventilation Guidelines
- Need to Replace Existing Systems
Key Market Trends
- Awareness among Consumers
- Changing Climatic Conditions
- Development of User-friendly Equipment
Key Market Vendors
- Carrier Corp.
- GE
- Honeywell International Inc.
- Johnson Controls Inc.
- LG Corp.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
