Humidifiers Market to Grow at a CAGR of 5.1% through 2028, HVAC Integrated Devices to Witness Growth, says Future Market Insights

Humidifiers adoption continues to surge as healthcare, residential and automotive industries refocus on healthy environment and air quality.

DUBAI, UAE / ACCESSWIRE / October 7, 2020 / The humidifiers market is showing considerable amount of growth in healthcare sector due to inclination towards healthier environment and awareness regarding indoor air quality. According to new research market for humidifiers, this market is set to grow at a CAGR of 5.1% over the forecast period (2018-2028).Adoption of ultrasonic and HVAC integrated humidifiers is projected to grow with an impressive growth rate of over the forecast period with installation of system in automotive or healthcare industries.

“A significant growth with increasing demand for budget-friendly yet efficient management solutions in the healthcare and residential sector will be noticed to automatize the orders based on the percentage of usage, quality and portability,” says the FMI Analyst.

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HVAC Aftermarket- Roadmap for Recovery from COVID-19 | Growing Industrialization in Emerging Economies to Boost Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the HVAC aftermarket and it is poised to grow by USD 16.08 billion during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by end-user, which is the leading segment in the market?
  • The non-residential segment is expected to be the leading
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HVAC Aftermarket- Roadmap for Recovery from COVID-19 | Growing Industrialization in Emerging Economies to Boost Market Growth | Technavio – Press Release

LONDON–(Business Wire)–Technavio has been monitoring the HVAC aftermarket and it is poised to grow by USD 16.08 billion during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200927005041/en/

Technavio has announced its latest market research report titled Global HVAC Aftermarket 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

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