The high demand for humidifiers in North America is contributed by the presence of automotive, healthcare, and IT industries in large numbers. Each of these industries is a major shareholder in the market of North American humidifier market.
The Healthcare industry is leading in the market, owing to the large-scale deployment rate in healthcare centres. Humidifiers assist in maintaining appropriate humidity levels. Right humidity level helps in preventing skin diseases, lethargy, headaches, sore throat and eye, and cold and cough.
Lately, the automotive industry is deploying sensitive mechanical and electronic components. These components perform high-precision tasks. There is a high risk of static buildup in dry temperature which could result in substantial damage to automobiles and passengers. Thus, maintaining relative humidity (RH) level of 40-60% is recommended. This avoids electro-static buildup, thus, preventing the risk of any kind of related damage.
Among all the humidifiers available, the North American indoor humidifier market is dominated by evaporative humidifiers. Ease of use and cost-effectiveness are the main factors driving demand for evaporative humidifiers in the region. The Automotive and IT industries are majorly contributing to the high demand for humidifiers in North America.
Also, the lucrative adoption rate of indoor humidifiers in the textile industry, logistics sector, wood, pulp, and paper processing units are anticipated to drive growth in the North America indoor humidifier market.
Evaporative humidifiers held the largest market share, accounting for 34.2% of the North America humidifier market revenue in 2013. This dominance is attributed to the wide application of evaporative humidifiers across IT and automotive sectors.. Further, the wide adoption of vaporizers in the healthcare industry is expected to augment the market growth, with vaporizers forecast to record a CAGR of 5.7% over the next 6 years.
In 2020, the healthcare application segment is expected to dominate the North America humidifier market followed by the IT application segment. The rise in the adoption of humidifiers for patient comfort is expected to boost the market growth for healthcare applications of humidifiers. Furthermore, due to the growing automotive production in North America, it is expected that the automotive application segment will grow at a CAGR of 10.9% from 2014 to 2020. Moreover, standardization of indoor air quality (IAQ) parameters and guidelines by the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) are expected to further drive user awareness and implementation of humidification solutions. This in turn would help swell the demand for indoor humidifiers.
Educational institutes dominated the commercial application segment of North America indoor humidifier market in 2013. This dominance is attributed to the rising awareness of sound indoor ambience to avoid absentees in schools, colleges, and universities. Moreover, the adoption of indoor humidifiers in research and development centres and clean rooms to avoid any variation due to changes in indoor air quality is further adding to the growth of humidifiers.
However, the market for indoor humidifiers is expected to witness tremendous growth in the media and entertainment industry with a CAGR of 9.3% from 2014 to 2020.
Rising Need to Prevent Skin Infections and diseases due to Humidity Issues will Bolster Indoor Humidifier Market Growth
Humidifiers are gear or frameworks used to add dampness and hold a wanted degree of mugginess at a given spot (space). Humidifiers can be comprehensively characterized into ultrasonic humidifiers, warm-fog humidifiers, evaporative humidifiers, vaporizers, and steam to steam humidifiers. These humidifiers are utilized across modern and business applications. Appeal for humidifiers in North America is contributed by the presence of cars, medical services, and IT enterprises in huge numbers. Every one of these enterprises is a significant investor in the market of North America humidifier market.
The automotive industry is conveying delicate mechanical and electronic segments. These segments perform high-accuracy tasks. There is a high danger of static development in dry temperature which could bring about generous harm to vehicles and travellers. This dodges electro-static development, accordingly, forestalling the danger of any sort of related harm. On the contrary, factors such as the high price of mist humidifiers and its wide exposure to fire may challenge the growth of this market in the coming years.
Increasing concerns pertaining to adverse health effects that result out of the dry air is also expected to create growth opportunities for the humidifiers market. Poor quality of indoor air may result in bloody noses, dry cough, dry throat, sinus congestion, nose irritation, dry skin, and several other health conditions. The healthcare industry is holding the leading share in this market, on account of the high deployment rate in medical centres across the globe. Humidifiers provide assistance for maintaining the humidity level at the apt level. Right humidity level helps in preventing headaches, skin diseases, lethargy, sore throat, along cold, cough, and eye problems.
The growing awareness about indoor air purification has propelled the need for humidifiers, thereby augmenting this market growth. Humidifiers are capable of maintaining the correct level of moisture in the indoor air while preventing the risk of bacteria or mould, skin irritation, and other infectious problems. Governments, as well as various international organizations, are suggesting guidelines to maintain a healthier living environment indoors. This is further prognosticated to aid in the expansion of the global indoor humidifier market in the foreseeable future.
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Online/ecommerce sector is the most popular sales channel for humidifier market all over the world.
Cool mist humidifier is the most lucrative segment by product type of the humidifier market and anticipated to maintain the lead throughout the forecast period.
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.
List of Figures
FIG. 1 Market Segmentation: North America Indoor Humidifier Market
FIG. 2 North America Indoor Humidifier Market Revenue, 2012 – 2020 (USD Million) and Y-o-Y Growth (%)
FIG. 3 North America Indoor Humidifier Market, by Product, 2013 (USD Million)
FIG. 4 North America Indoor Humidifier Market, by Industrial Application, 2013 (USD Million)
FIG. 5 North America Indoor Humidifier Market, by Commercial Application, 2013 (USD Million)
FIG. 6 North America Indoor Humidifier Market, by Geography, 2013 (USD Million)
FIG. 7 Value Chain Analysis: North America Indoor Humidifier Market
FIG. 8 Porter’s Five Force Analysis: North America Indoor Humidifier Market
FIG. 9 Market Attractiveness Analysis: North America Indoor Humidifier Market, by Geography
FIG. 10 Market Share Analysis, by Key Players, 2013 (Value %)
FIG. 11 Comparative Analysis: North America Indoor Humidifier Market Shares, by Product, 2013 and 2020 (Value %)
FIG. 12 North America Ultrasonic Humidifier Market Revenue, 2012 – 2020 (USD Million)
FIG. 13 North America Warm-mist Humidifier Market Revenue, 2012 – 2020 (USD Million)
FIG. 14 North America Evaporative Humidifier Market Revenue, 2012 – 2020 (USD Million)
FIG. 15 North America Vaporizer Market Revenue, 2012 – 2020 (USD Million)
FIG. 16 North America Steam to Steam Humidifier Market Revenue, 2012 – 2020 (USD Million)
FIG. 17 Comparative Analysis: North America Indoor Humidifier Market Share, by Industrial Applications, 2013 and 2020 (Value %)
FIG. 18 North America Indoor Humidifier for IT (Data Centers) Application, Market Revenue, 2012 – 2020 (USD Million)
FIG. 19 North America Indoor Humidifier for Automotive Application, Market Revenue, 2012 – 2020 (USD Million)
FIG. 20 North America Indoor Humidifier for Healthcare Application, Market Revenue, 2012 – 2020 (USD Million)
FIG. 21 North America Indoor Humidifier for Textile, Wood, Paper and Pulp Application, Market Revenue, 2012 – 2020 (USD Million)
FIG. 22 North America Indoor Humidifier for Pharmaceutical Application, Market Revenue, 2012 – 2020 (USD Million)
FIG. 23 North America Indoor Humidifier for Food and Beverage Application, Market Revenue, 2012 – 2020 (USD Million)
FIG. 24 Comparative Analysis: North America Indoor Humidifier Market Share, by Commercial Application, 2013 and 2020 (Revenue %)
FIG. 25 North America Indoor Humidifier for Educational Institutes, Market Revenue, 2012 – 2020 (USD Million)
FIG. 26 North America Indoor Humidifier for Retail and Cold Stores, Market Revenue, 2012 – 2020 (USD Million)
FIG. 27 North America Indoor Humidifier for Enterprises, Market Revenue, 2012 – 2020 (USD Million)
FIG. 28 North America Indoor Humidifier for Media and Entertainment, Market Revenue, 2012 – 2020 (USD Million)
FIG. 29 Comparative Analysis: North America Indoor Humidifier Market Shares, by Geography, 2013 and 2020 (Revenue %)
FIG. 30 U.S. Indoor Humidifier Market Revenue, 2012 – 2020 (USD Million)
FIG. 31 Canada Indoor Humidifier Market Revenue, 2012 – 2020 (USD Million)
FIG. 32 Comparative Analysis: U.S. Indoor Humidifier Market Shares, by Region, 2013 and 2020 (Value %)
FIG. 33 West U.S. Indoor Humidifier Market Revenue, 2012 – 2020 (USD Million)
FIG. 34 South U.S. Indoor Humidifier Market Revenue, 2012 – 2020 (USD Million)
FIG. 35 Mid-West U.S. Indoor Humidifier Market Revenue, 2012 – 2020 (USD Million)
FIG. 36 North-East U.S. Indoor Humidifier Market Revenue, 2012 – 2020 (USD Million)
FIG. 37 Walter Meier Group: Annual Revenue, 2011 – 2012 (USD Million)