QYR forecast the global air humidifier market will grow to $ 649 million in 2021

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QYResearch Air humidifiers are the equipment or a system that adds moisture and increases humidity in the air so as to retain humidity at desired levels.

According to QYR investigation, the global air humidifier market is estimated at $ 532 million in 2016, and we forecast it will grow to $ 649 million in 2021 with CAGR of 4% % from 2017 to 2021.

QYR Condair Group, STULZ GmbH and Wetmaster captured the top three revenue share spots in the air humidifier market in 2015. Condair Group dominated 28% revenue share, followed by STULZ GmbHÂ with 16.6% revenue share and Wetmaster with 8.58% revenue share.

As to the consumption value of air humidifier, the market in 2016 is estimated at 632.92 Million USD. Europe is the largest consumption market based on consumption value, while United States is the largest consumption market based on consumption volume.

Applications of the air humidifier in commercial grow faster than in industrial. In term of the classifications segment, products in vapor type Air humidifiers are the most output. Leading companies continue to develop high-end market.

QYR Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.

QYR Although sales of air humidifier brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market.

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