The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The humidifying equipment market has experienced steady growth in recent years, with promising projections for the future. From a market size of $4.12 billion in 2023, it is set to reach $4.21 billion in 2024, exhibiting a compound annual growth rate (CAGR) of 2.0%. Looking ahead, the market is anticipated to continue this growth trajectory, reaching $4.63 billion in 2028, driven by various factors such as energy efficiency, climate change, and evolving weather patterns.

Factors Driving Growth: Elevated Pollution Levels Boosting The Humidifying Equipment Market

• Rising pollution levels contribute to market growth.
• Humidifying equipment aids in improving air quality and controlling indoor pollution sources.
• Maintaining ideal humidity levels limits the release of indoor pollutants.
• The US Environmental Protection Agency reported 66 million tons of pollution in May 2023, highlighting the need for effective humidifying solutions.

Market Players and Innovations: Innovative High-Performance Humidifiers In Focus

• Major companies like Armstrong International Limited, Boneco AG, and Honeywell International Inc. dominate the humidifying equipment market.
• Focus on innovative products, such as the N-200 and N-300 high-performance humidifiers, sustains market position.
• TruSens launched models equipped with SensorPod technology, serving as both a humidity monitor and a remote control.
• Features include improved water softening filters, easy maintenance, and a user-friendly interface.

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Industry Expansion: Medline Expands Respiratory Solutions Portfolio

• In July 2021, Medline’s acquisition of Hudson RCI expands its respiratory solutions portfolio.
• The undisclosed acquisition aims to offer a broader range of humidifying equipment to patients.
• Hudson RCI, based in Sweden, adds significant value to Medline’s biomedical offerings.

Market Segmentation: The humidifying equipment market is segmented based on various criteria:

1. Type:
   • Warm-Mist Humidifier
   • Cool-Mist Humidifier
   • Ultrasonic Humidifier
   • Evaporative Humidifier
2. Application:
   • Commercial
   • Industrial
   • Residential
3. Distribution Channel:
   • Multi-Brand Stores
   • Exclusive Stores
   • Online
   • Other Distribution Channels

Regional Dominance: Asia-Pacific Leads the Way

• In 2023, the Asia-Pacific region emerged as the largest market for humidifying equipment.
• This dominance is indicative of the region’s focus on indoor air quality and the increasing demand for humidification solutions.

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 The Humidifying Equipment Global Market Report 2024  provides an overview of the humidifying equipment market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The humidifying equipment market forecast analyzes humidifying equipment market size, humidifying equipment market share, leading competitor and their market positions.

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