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Air Humidifier Market to Reach $6.0 Billion, Globally, by 2033 at 5% CAGR: Allied Market Research

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“Consumers increasingly seek humidifiers integrated with smart home ecosystems, allowing remote control via smartphones and voice assistants such as Amazon Alexa and Google Home. These smart humidifiers offer advanced features such as real-time humidity monitoring, automatic adjustments, and air quality tracking.”

Wilmington, Del., Aug. 5, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Air Humidifier Market by Type (Vaporizers, Impeller Humidifier, Ultrasonic Humidifier, and Wick/evaporative Systems) and Application (Commercial, Industrial, and Residential): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the air humidifier market was valued at $3.7 billion in 2023 and is estimated to reach $6.0 billion by 2033, growing at a CAGR of 5.0% from 2024 to 2033.

Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/2498

Prime determinants of growth

Increasing awareness regarding the importance of maintaining optimal indoor air quality for health and comfort is propelling demand for air humidifiers, particularly in regions with dry climates or during winter seasons. Moreover, the rising prevalence of respiratory ailments such as asthma and allergies is further fueling market expansion as humidifiers are often recommended to alleviate symptoms. Technological advancements such as the integration of smart features like humidity sensors and remote-control capabilities are enhancing user convenience and driving adoption among tech-savvy consumers.

Additionally, the growing popularity of wellness trends and the emphasis on creating a conducive environment for relaxation and sleep are creating new avenues for market growth. Furthermore, the expanding commercial sector, including healthcare facilities, offices, and hospitality establishments, presents lucrative opportunities for air humidifier manufacturers to cater to the increasing demand for improved air quality and comfort in various indoor settings.

Report Coverage & details:

Report Coverage

Details

Forecast Period

2024-2033

Base Year

2023

Market Size In 2023

$3.7 Billion

Market Size In 2033

$6.0 Billion

CAGR

5.0 %

No. Of Pages In Report

315

Segment Covered

Humidifier Type, Application, And Region

Drivers

Increase In Health Awareness

Rapidly Growing Commercial And Residential Sector

Government Standards And Regulations To Maintain Humidity

Opportunities

Growing Concerns Over The Static Electricity In Industries

Introduction Of Latest Technologies

Restraints

Regular Maintenance Of Humidifier

 

Procure Complete Report (315 Pages PDF with Insights, Charts, Tables, and Figures): https://tinyurl.com/2p9ztawf

By Humidifier Type

Ultrasonic humidifiers segment to maintain its leadership status throughout the forecast period

By humidifier type, the vaporizers segment held the major share of the market share in 2023, accounting for more than one-fourth of the global air humidifier market, and is estimated to maintain its leadership status throughout the forecast period. These humidifiers are economically priced and hence affordable. In addition, it provides soothing moisture, which allows the user to breathe easily and sleep comfortably. Some of the warm humidifiers also feature programmable hygrostat and a digital display. 

However, the ultrasonic humidifiers segment is projected to manifest the highest CAGR of 5.5% from 2024 to 2033. Ultrasonic humidifiers are the least expensive and the most energy-efficient humidifiers, which is expected to boost the market growth during the forecast period. In addition, low maintenance and quiet operation are the key factors positively influencing the ultrasonic air humidifier market. Moreover, some companies are offering ultrasonic emitters that produce the mist by nebulizing the water and do not create annoying remains of white powder derived from the materials present in the water, thus further increasing the market demand for ultrasonic humidifiers.

By Application

Residential segment to retain its dominance by 2033

Based on application, the residential segment held the major share of the market in 2023, accounting for more than two-fifths of the global air humidifier market, and is estimated to maintain its leadership status throughout the forecast period. An increase in the need to maintain indoor air humidity in the winter season is expected to drive the growth of the residential segment in the air humidifier market. In addition, a rise in awareness of the ill effects of dry air such as dry skin, sinus congestion, dry throat, nose irritation, dry cough, bloody noses, and others is expected to drive the market growth.

However, the commercial segment is projected to manifest the highest CAGR of 5.9% from 2024 to 2033. The increase in the adoption of humidifier technology at commercial sites such as malls and stores to provide a comfortable environment to customers is expected to drive the commercial segment during the forecast period.

By Region

North America to maintain its dominance by 2033

Based on region, the North America region held the highest market share in terms of revenue in 2023, accounting for nearly one-fourth of the global air humidifier market. The North American market is driven by high consumer awareness about the ill effects of dry air and the presence of cold and low humid climates. In addition, the vast presence of manufacturers and product promotion from regulatory bodies including the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) and the U.S. Environmental Protection Agency (USEPA) are expected to further drive the growth of the market.

However, Asia-Pacific is projected to manifest the highest CAGR of 5.9% from 2024 to 2033. However, the commercial segment is projected to manifest the highest CAGR of 5.9% from 2024 to 2033.

Want to Access the Statistical Data and Graphs, Key Players’ Strategies:  https://www.alliedmarketresearch.com/purchase-enquiry/2498

Leading Market Players

Whirlpool CorporationGeneral Electric (GE Appliances)Samsung ElectronicsLG ElectronicsElectrolux GroupBosch Home AppliancesElectrolux GroupViking Range CorporationSears Holdings CorporationBSH Home Appliances CorporationMieleSub-Zero Group, Inc.SmegBertazzoniFisher & Paykel AppliancesBlomberg Appliances

The report analyzes these key players in the global air humidifier market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player.

Recent Key Strategies and Developments

In February 2024, Whirlpool Corporation and BORA share the belief that the kitchen is the hub of the home and is a space that should be redesigned through a lens that pushes boundaries while merging technology and function. Founded on the mutual passion to question the ordinary, the two companies are collaborating to bring the best induction downdraft technology exclusively to JennAir and KitchenAid brand induction downdraft cooktops in North America in 2025.In September 2023, Panasonic Life Solutions India introduced a new range of refrigerators, under Panasonic’s proprietary Prime Convertible series, which comes with higher capacities and upgraded features like a bottom-mounted freezer where the freezer compartment is situated at the bottom of the refrigerator offering convenient storage and easy access to vegetables and fruits in the fridge compartment.In August 2020, LG Electronics USA introduced the industry’s first line of smart ranges to offer the exclusive InstaView knock-on technology plus Air Fry capability. The goal is to help provide meal inspiration and faster, more convenient prep for all those homeowners who are now cooking more at home.In April 2018, Whirlpool, the premium appliance manufacturer, partnered with Youreko to help consumers understand the financial benefits of efficient appliances. Youreko is an energy savings tool, installed on the Whirlpool website, which rates products according to their running costs and demonstrates a product’s lifetime electricity financial saving. According to Youreko, 90 percent of consumers find this information useful to know when purchasing a new appliance.

Similar Reports We Have on Consumer Goods Industry:

Wearable Technology Market Opportunity Analysis and Industry Forecast, 2020-2031Water purifier Market Opportunity Analysis and Industry Forecast, 2020-2031Smart Toys Market Opportunity Analysis and Industry Forecast, 2024-2033Wellness Water Market Opportunity Analysis and Industry Forecast, 2024-2033Dehumidifier Market Opportunity Analysis and Industry Forecast, 2023-2032Electronic Cigarette Market Opportunity Analysis and Industry Forecast, 2022-2031Household Appliances Market Opportunity Analysis and Industry Forecast, 2024-2035Air Fryer Market Opportunity Analysis and Industry Forecast, 2023-2032Cigarette Vending Machine Market Opportunity Analysis and Industry Forecast, 2021-2031Smartphone Photo Printers Market Opportunity Analysis and Industry Forecast, 2023-2032

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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BingX Introduces ALTCOIN Index Futures Trading: One Click, Countless Trends

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VILNIUS, Lithuania, Dec. 27, 2024 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce the launch of ALTCOIN Index, the first futures trading pair involving top altcoins. This innovative trading product offers users a one-click solution to efficiently track and trade major cryptocurrency trends with ease.

Traditionally used in stock markets, a futures index is a financial derivative that tracks the performance of a group of assets, such as stocks of commodities. These instruments were first introduced to simplify trading by allowing investors to speculate on or hedge against the collective movements of selected market sectors. Instead of purchasing individual stocks, traders are able to access broad market exposure in a single transaction, saving time and reducing costs.

In the cryptocurrency market, this new ALTCOIN/USDT futures trading pair works similarly by bundling the performance of the top mainstream cryptocurrencies by market capitalization, excluding Bitcoin (BTC) and stablecoins. The current index includes ETH, XRP, SOL, BNB, DOGE, ADA, TRX, AVAX, and SHIB. This approach is more efficient compared to buying individual cryptocurrencies or ETFs as this allows for direct speculation using tiered leverage options without the need to manage multiple positions, effectively diversifying trading risks associated with individual asset volatility.

Vivien Lin, Chief Product Officer of BingX, commented on the new offering: “By aggregating a range of leading cryptocurrencies into a single trading instrument, we’re giving users a practical and efficient way to better capture market trends. This index trading pair should help our less experienced users with their trading goals more easily, particularly when they are unsure which asset to trade and just want to trade major altcoins in general with leverage.”

BingX users can take advantage of tiered leverage options and competitive rates consistent with the platform’s perpetual futures terms, simplifying open order management and enhancing trading efficiency. The platform also ensures that the index composition remains current, with regular quarterly adjustments and temporary updates in response to market conditions.

About BingX
Founded in 2018, BingX is a leading crypto exchange, serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

 

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Lyric’s first solid-state battery front-end equipment is shipped to customer in United States

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BEIJING, Dec. 26, 2024 /PRNewswire/ — Recently, Lyric’s first solid-state battery front-end equipment has been shipped to a customer in the United States. Relying on its deep accumulation in the field of solid-state battery technology, Lyric has achieved strategic development on the global stage.

As of now, Lyric’s Z-shape stacking machine has reached the forefront of the industry, achieving an efficient stacking speed of 0.1s/pcs and ultra-high precision alignment of ≤ ± 0.3mm, setting an industry benchmark. At the same time, with the innovative design, the double planetary mixer realizes the efficient mixing of various viscosity materials, showing extraordinary flexibility, and significantly enhances the safety and efficiency of the production process through the iterative upgrade of automation technology, and provides customized services to accurately meet customer needs.

Looking to the future, Lyric will continue to expand its global footprint, based on the deep accumulation in the field of solid-state batteries since 2020, and its patented technology of dry electrode and stacking process and self-developed equipment advantages, Lyric not only demonstrates excellent capabilities in the manufacture of solid-state battery production equipment, but also provides a full range of solutions. Covers customized delivery from a single station to the entire production line. In terms of international cooperation, Lyric is actively seeking cooperation opportunities with more overseas enterprises, aiming to promote China’s solid-state battery equipment technology and solutions to the global market, further enhance its influence and competitiveness in the global renewable energy industry chain, and jointly explore unlimited possibilities in the field of renewable energy.

 

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Life-Space Wins Prestigious 62nd Australian Export Awards

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MELBOURNE, Australia, Dec. 27, 2024 /PRNewswire/ — At the prestigious 62nd Australian Export Awards held at Parliament House in Canberra, Life-Space, Australia’s No. 1 probiotic brand, proudly claimed the title of ‘E-commerce Winner of the Australian Export Awards 2024’. This incredible achievement underscores Life-Space’s unwavering commitment to delivering world-class health solutions to global consumers, fuelled by innovative digital strategies and a robust e-commerce presence.

Celebrating Australian Export Excellence

The Australian Export Awards, established in 1963 and presented by the Australian Trade and Investment Commission (Austrade) in collaboration with State and Territory awards programs, is a premier national program. It recognises the achievements of Australia’s most outstanding, innovative, and inspiring exporters, highlighting their significant contributions to the nation’s economy.

A Global Leader in Consumer Health

Life-Space has established itself as a trusted name in probiotics, offering products that support gut microbiome and whole-body health. Exporting to over 20 countries, including China and key Southeast Asian markets, Life-Space continues to redefine the global consumer health landscape. The brand’s dedication to scientific innovation, high-quality manufacturing, and consumer education has made it a household name worldwide. 

Driving E-commerce Excellence

The award recognises Life-Space’s exceptional ability to adapt to the ever-evolving digital marketplace. Through strategic collaborations, robust online platforms, and consumer-centric marketing campaigns, Life-Space has consistently delivered value to its customers while expanding its global footprint. Notably, Life-Space has seen explosive growth in China’s cross-border e-commerce market, alongside outstanding performance in Southeast Asian countries such as Singapore, Vietnam, and Malaysia. The Singapore market, in particular, has recorded an impressive 140% annual growth rate for three consecutive years.

‘This recognition is a testament to the passion and hard work of the entire Life-Space team,’ said Alan Yi, Life-Space Group’s General Manager – Global Business, ‘We are proud to represent Australia on the global stage and remain dedicated to bringing the best in probiotics to consumers worldwide.’

Looking Ahead

As Life-Space celebrates this milestone, the brand is focused on forging new market opportunities, advancing health education, and introducing cutting-edge products that enhance everyday health and well-being.

“Our vision for 2025 includes expanding our export capacity and preparing to introduce our products to the U.S. market,” added Yi. “This achievement further reinforces our position as a global leader in consumer health.”

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