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North America Indoor Humidifier Market to Develop at 5.4% CAGR between 2014 to 2020

Indoor Humidifier Market (Ultrasonic, Evaporative, Warm-mist, Vaporizers and Steam to Steam) - North America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
Published 24 September 2015
Transparency Market Research has released a market study on the North America indoor humidifier market, determining its total market value in 2013 at US$212.4 million.The research report, titled “Indoor Humidifier Market - North America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, estimates the indoor humidifier market in North America to develop at a CAGR of 5.4% between 2014 and 2020, to reach a value of US$300.4 million by the end of the forecast period.According to the report, rising awareness regarding the advantages of maintaining indoor air quality in the commercial sector is the key driver of the market for indoor humidifiers in North America. Constant research and development in order to produce energy-efficient indoor humidifiers and integration of humidifiers with HVAC equipment are other important factors acting as a major driver for the North America indoor humidifier market.
 
 
On the other hand, the high operational cost associated with indoor humidifiers is hampering the North America indoor humidifier market significantly. However, the integration of the supply chain is expected to provide some relief to the major players in the market.Among product segments, evaporative indoor humidifiers held the leading position, generating 34.2% of the overall revenue in the North America indoor humidifier market in 2013. The market is expected to maintain its dominance over the period from 2014 to 2020 at a CAGR of 5.7%, notes the market study.
Based on application, educational institutes led the commercial application segment of the North America market for indoor humidifiers in 2013. However, the media and entertainment industry is expected to report the highest application of indoor humidifiers by 2020, growing at a CAGR of 9.3% during the forecast period.In the industrial indoor humidifier segment, the healthcare industry is projected to lead the North America indoor humidifier market over the forecast period. The IT industry is expected to occupy the second position. Other than these, the automotive industry is likely to report growth in demand for indoor humidifiers at a CAGR of 10.9% between 2014 and 2020.Regionally, the Western U.S. led the North America indoor humidifier market in 2013. The high concentration of commercial and industrial entities in this region is the key reason for the growth of this domestic market. Analysts project the market to continue to dominate the North America indoor humidifier market during the period of forecast, as per the report. 
 
The major players operating in the North America indoor humidifier market are Walter Meier Group, Armstrong International Inc., DRI-STEEM Corp., Pure Humidifier Co., and CAREL S.p.A. These companies have been profiled in this research report in order to provide an insight into the competitive landscape of this market. The report also presents current as well as historic performance of these companies, coupled with their key strategies, to assist market participants in understanding the market hierarchy.
 
Browse the full Indoor Humidifier Market (Ultrasonic, Evaporative, Warm-mist, Vaporizers and Steam to Steam) - North America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/north-america-indoor-humidifier-market.html
 
The North America indoor humidifier market is segmented into:
 
By Products
  • Ultrasonic Humidifier
  • Warm-mist Humidifier
  • Evaporative Humidifier
  • Vaporizers
  • Steam to Steam Humidifier
By Application
  • Industrial
    • IT Industry
    • Automotive Industry
    • Healthcare Industry
    • Textile, Wood, paper and Pulp Industry
    • Food and Beverage Industry
  • Commercial
    • Educational Institutes
    • Retail and Cold Stores
    • Enterprises
    • Media and Entertainment
By Geography
  • U.S.
    • West U.S.
    • Mid-West U.S.
    • North-East U.S.
    • South U.S.
  • Canada
About Us
 
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
 
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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