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Smart Cooling Systems Market to Reach $156.6 Billion, Globally, by 2032 at 53.4% CAGR: Allied Market Research

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Major players in the smart cooling systems industry have focused on business expansion and product launch strategies to gain the maximum share in the market. This further results in consolidation of the smart cooling systems market.

WILMINGTON, Del., Aug. 5, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Smart Cooling Systems Market by Type (Smart split ACs, Smart chillers, Smart AHU and Smart windows ACs), Application (Residential, Commercial and Industrial): Global Opportunity Analysis and Industry Forecast, 2024-2032”. According to the report, the smart cooling systems market was valued at $3.1 billion in 2023, and is estimated to reach $156.6 billion by 2032, growing at a CAGR of 53.4% from 2024 to 2032.

Prime determinants of growth

The growing trend towards smart homes and buildings is a major driver for the smart cooling systems market. Homeowners and building managers are increasingly adopting smart cooling solutions to integrate with other smart devices and systems, providing enhanced comfort, convenience, and energy management. Governments around the world are implementing regulations and providing incentives to promote energy efficiency and reduce greenhouse gas emissions. Policies such as energy efficiency standards, tax credits, and rebates for energy-efficient appliances are encouraging the adoption of smart cooling systems.

Download PDF Sample Copy@ https://www.alliedmarketresearch.com/request-sample/1825 

Report coverage & details:

Report Coverage 

Details 

Forecast Period 

2024–2032

Base Year 

2023

Market Size in 2023

$3.1 billion

Market Size in 2032

$156.6 billion

CAGR 

53.4 %

No. of Pages in Report 

192

Segments covered 

Type, Application, and Region. 

Drivers 

Rapid urbanization and infrastructure development in emerging economies

Growing awareness and focus on sustainability

Advances in HVAC (Heating, Ventilation, and Air Conditioning) Technologies

Opportunities 

Rising adoption of smart homes and buildings

Restraints 

Volatile price of raw materials

Covid-19 Scenario

The outbreak of the COVID-19 pandemic had a negative impact on the smart cooling systems market, owing to the temporary closure of manufacturing firms during the lockdown.Not only the production but also the sale of smart cooling systems was hampered due to the closure of manufacturing factories across the world, especially in the initial period of the pandemic.

Buy This Research Report (192 Pages PDF with Insights, Charts, Tables, Figures):  https://www.alliedmarketresearch.com/checkout-final/18efa232dc03acfc84bb7a6733cd144b 

The smart split AC segment dominated the market in 2023.

Based on type, the market is divided into smart split ACs, smart chillers, smart AHU (air handling unit), smart windows ACs, and others. Smart split ACs are designed to be highly energy-efficient, incorporating features like inverter technology, variable speed compressors, and intelligent thermostats. These technologies optimize energy usage, leading to significant cost savings on electricity bills, which is a major selling point for both residential and commercial users.

Smart split ACs come with advanced features such as remote control via smartphones, voice control compatibility with virtual assistants (e.g., Amazon Alexa, Google Assistant), and programmable settings. These features provide users with enhanced convenience and control over their indoor climate, making smart split ACs highly attractive.

The commercial segment dominated the market in 2023.

Based on application, the market is segregated into residential, commercial, and industrial.

The commercial segment is the leading segment that dominated the global market share in 2023. Continuous advancements in sensor technology, connectivity, and AI have enhanced the functionality and reliability of smart split ACs. These improvements make smart split ACs more effective in providing optimal cooling while minimizing energy consumption. Commercial buildings, including offices, retail spaces, hotels, and hospitals, require efficient cooling systems to manage large spaces and diverse requirements. Smart cooling systems provide significant energy savings, helping businesses reduce operating costs and meet sustainability goals.

 The Asia-Pacific region dominated the market share in terms of revenue in 2023.

The smart cooling systems market is analyzed across North America, Europe, Asia-Pacific, Latin America, and MEA. In 2023, Asia-Pacific accounted for largest market share, and it is expected to grow at a significant CAGR throughout the forecast period. China holds the maximum share in the smart cooling systems industry in the Asia-Pacific region.

The Asia-Pacific region is at the forefront of adopting new technologies. There is a growing interest in smart home and smart building technologies, which include smart cooling systems. The tech-savvy population and favorable regulatory environment support the growth of this market. There is a growing awareness of environmental sustainability and the need to reduce carbon footprints in the Asia-Pacific region. Businesses and consumers are increasingly adopting energy-efficient and environmentally friendly cooling solutions, contributing to the growth of the smart cooling systems market.

 Inquire Before Buying: @  https://www.alliedmarketresearch.com/purchase-enquiry/1825 

Leading Market Players: –

Mitsubishi Electric CorporationLG Electronics Ltd.Samsung Electronics Co. Ltd.Videocon Industries Ltd.Daikin Industries Ltd.Voltas Ltd.Fujitsu General Ltd.Blue Star Ltd.Friedrich Air Conditioning Co., Ltd.Electrolux AB.

The report provides a detailed analysis of these key players in the smart cooling systems market. These players have adopted different strategies such as new product launches, expansion, and acquisitions to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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Absorption Chillers Market is projected to reach $2,263.7 million by 2031

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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.

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.

Contact us:
Wilmington, Delaware
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle, Delaware 19801 USA.
Int’l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com

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Markets Show Resilience Ahead of End-of-Year Options Expirations: Bybit x Block Scholes Crypto Derivatives Report

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DUBAI, UAE, Dec. 26, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, highlighting the muted market volatility despite major options expirations on Friday. BTC and ETH‘s realized volatility has increased, but short-term options haven’t adjusted to this change. This indicates that while spot prices are fluctuating, the options market is not fully reacting to these shifts, although BTC and ETH volumes have displayed slightly different patterns.

With more than $525 million in BTC and ETH options contracts expiring on Dec 27, 2024’s end-of-year options expiration looks set to be one of the biggest yet, yet expectations for volatility have remained subdued. The report highlights an unusual inversion in ETH‘s volatility structure, but BTC has not mirrored the reaction. Additionally, a change in funding rates—sometimes turning negative as spot prices drop—signals a new market phase. Notably, BTC’s volatility structure has been less responsive to changes in spot prices, whereas ETH‘s short-term options are exhibiting more noticeable fluctuations.

Key Findings:

BTC Options Expirations:

In the past month, BTC’s realized volatility has been higher than implied volatility on three occasions, each time reaching a relatively calm equilibrium. Open interest in BTC options remains high, contributing to potential increased volatility as we near the end of the year. Around $360 million worth of BTC options (both puts and calls) are set to expire soon, which can affect price movement.

ETH Options: Calls Dominate

Despite a mid-week inversion, ETH‘s volatility term structure has flattened, maintaining levels similar to those seen over the past month. In the final week of 2024, calls overwhelmed puts in open interest in ETH options, although market movements and trading activities are more on the put side. 

Access the Full Report:

Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: Bybit X Block Scholes Crypto Derivatives Analytics Report (Dec 24, 2024)

#Bybit / #BybitResearch

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For media inquiries, please contact: media@bybit.com

For more information, please visit: https://www.bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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SOURCE Bybit

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Simple Exit Notifier Plugin Launches to Improve Compliance and User Transparency

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The newly launched Simple Exit Notifier plugin helps WordPress site owners meet compliance requirements and improve user transparency with customizable external link notifications.

LOS ANGELES, Dec. 26, 2024 /PRNewswire-PRWeb/ — WordPress site owners have struggled to find reliable tools for external link notifications in industries where compliance and user transparency are critical. Recognizing this need, Artin Hovhanesian, veteran web developer and founder of CHRS Interactive, and his team launched Simple Exit Notifier—a free plugin now available on WordPress.org. This lightweight and customizable solution helps site owners meet compliance recommendations by notifying users when they are about to leave a website.

Simple Exit Notifier was built with site owners in mind—a straightforward yet powerful tool to ensure compliance, build trust, and elevate the user experience.

With many existing plugins either outdated or discontinued due to security issues, Simple Exit Notifier fills a critical gap. Whether used to adhere to industry guidelines or build trust with users, this tool simplifies managing external links and enhances the user experience.

**Designed for Compliance and Trust**

Simple Exit Notifier is an intuitive and effective solution that addresses the challenges of notifying users about external links. By ensuring transparency, it empowers businesses to maintain trust and meet compliance requirements.

**Key Features**

Customizable Notifications: Personalize the popup heading, message, and button texts to align with your branding or compliance needs.CSS Class Exceptions: Easily exclude specific links by applying a designated CSS class.Support for HTTP and HTTPS Links: Works seamlessly with all external links, regardless of protocol.Tab Compatibility: Ensures smooth functionality for links that open in either the same or a new tab.

The plugin is tailored to meet the needs of diverse WordPress users, from small business owners to developers managing complex, compliance-heavy websites.

**Future Enhancements in Development**

The CHRS Interactive team is actively working on new features to make Simple Exit Notifier even more powerful, including:

Styling customization options for a more branded look.Conditional content to display notifications based on user geo-location or other parameters.Visual Indicators to enhance user awareness with clear cues for external links.

**The Inspiration Behind Simple Exit Notifier**

The idea for Simple Exit Notifier stemmed from a common problem: industries often recommend notifying users when they leave a website, yet no reliable solutions exist. Many plugins were outdated or removed due to security concerns, leaving WordPress users without options. Simple Exit Notifier was created to address this gap with a secure, easy-to-use, and actively maintained solution.

**Download Simple Exit Notifier Today**

Simple Exit Notifier is available for free on WordPress.org. To learn more, visit the plugin’s page or contact CHRS Interactive for additional details.

Media Contact

Artin Hovhanesian, CHRS Interactive LLC, 1 818-568-4798, hello@chrsinteractive.com, https://www.chrsinteractive.com/

Artin Hovhanesian, CHRS Interactive LLC, 1 818-568-4798, hello@chrsinteractive.com, CHRS Interactive LLC

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SOURCE CHRS Interactive LLC

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Snail Games Celebrates Major Expansions for ARK Franchise with Launch of ARK: Ultimate Mobile Edition, ARK: Extinction Ascended, and Bob’s Tall Tales: Wasteland War

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 1 million mobile player downloads in 24 hours and a 62% DAU Surge for ARK: Survival Ascended on Steam During Extinction’s Launch Weekend

CULVER CITY, Calif., Dec. 26, 2024 /PRNewswire/ — Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, is pleased to announce that its subsidiary, Snail Games USA, in collaboration with Studio Wildcard, and Grove Street Games, marks a significant moment in the expansion of the ARK franchise with the launch of ARK: Ultimate Mobile Edition worldwide on App Store® and Google Play Store™ and two major updates for ARK: Extinction Ascended and Bob’s Tall Tales: Wasteland War. These releases underscore Snail Games’ commitment to growing the ARK ecosystem and offering new opportunities to engage an ever-expanding global audience.

ARK: Ultimate Mobile Edition

Available now on the App Store® and Google Play Store™, ARK: Ultimate Mobile Edition delivers a complete dinosaur survival experience tailored for mobile devices. This new free adaptation includes the massive content from PC and console versions of ARK: Survival Evolved and its acclaimed Expansion Packs—Scorched Earth, Aberration, Extinction, Genesis Parts 1 & 2, and fan-favorite maps like Ragnarok. With its debut, players can explore massive worlds, tame and train over 150 dinosaurs, and build and craft in an expansive multiplayer environment. The title also introduces the ARK Pass, a subscription-based service offering exclusive perks, including monthly bonuses, expanded access to in-game content, and the ability to unlock all current and future expansions. Within just 24 hours of launch ARK: Ultimate Mobile Edition had 1 million downloads and was listed on the Apple store’s “New Games We Love”. ARK: Ultimate Mobile Edition aims to expand the reach of the ARK franchise making the game more accessible to gamers around the globe.
Watch the gameplay trailer here!

ARK: Extinction Ascended

For PC and console players, ARK: Survival Ascended expands with the launch of Extinction Ascended, the final chapter in the ARK storyline. Returning players to Earth, this update challenges survivors to defeat massive roaming Titans and uncover the mysteries of the ARKs’ origin. The addition of the Dreadnoughtus, ARK’s newest community-voted creature, introduces new strategic gameplay opportunities with its immense size, strength, and disruptive abilities. Extinction Ascended enriches the ARK: Survival Ascended experience with new tameable creatures, unique structures, and gameplay mechanics, enhancing the game’s long-term appeal across platforms.

The highly anticipated conclusion to the Bob’s Tall Tales trilogy also launched, bringing narrative-driven adventures and innovative gameplay mechanics. With the introduction of modular BattleRigs and over 10,000 customization options, Wasteland War redefines the survival gameplay experience. Additionally, the loyal Armadoggo companion and new wasteland-themed weapons and structures add depth and replayability. ASA celebrated the launch weekend of ARK: Extinction Ascended and Bob’s Tall Tales: Wasteland War with its biggest sale yet—40% off during Steam’s Winter Sale—driving a 62% surge in Daily Active Users on Steam! The sale continues until January 2, 2025!

Watch the trailer here!

By expanding the reach of ARK: Survival Evolved through mobile adaptations and advancing ARK: Survival Ascended with substantial updates, the franchise remains a keystone title in Snail Games’ growth strategy.

In addition to these major launches, Snail Games is participating in the Steam Winter Sale. This seasonal event is the perfect chance for longtime ARK fans to complete their collections at unbeatable prices and for new players to explore the ARK franchise and discover other Snail titles with incredible discounts during the Steam winter sale, including PixARK at 75% off, Bellwright at 10% off, and Survivor Mercs and West Hunt at 50% off, until January 2, 2025.

For creators interested in covering the game please reach out to creatordirect@noiz.gg

ABOUT SNAIL GAMES

Snail is a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs and mobile devices. https://www.snailgamesusa.com/ 

ABOUT STUDIO WILDCARD

Since revealing its flagship game ARK: Survival Evolved in 2015, Studio Wildcard has tirelessly strived to bring its dinosaur-filled vision to the masses. With millions of players worldwide, the team has delivered an amazing amount of new content and leveraged cutting-edge technology to keep fans engaged. With a transmedia universe, the ARK story can be discovered on all gaming platforms, within spin-off titles, and now as a new epic narrative featuring a star-studded cast in ARK: The Animated Series on Paramount+. www.studiowildcard.com 

ABOUT GROVE STREET GAMES

Located in Gainesville, FL, Grove Street Games has been an influential game developer since 2007. They have delighted fans of the world’s greatest games with bold interpretations on new platforms, and have delivered fresh and original games to millions of happy players. They have grown to be a leader in the industry because of their commitment to building incredible and accessible gaming experiences. Their games can be found worldwide across all major gaming devices, including consoles, PC, and mobile. www.grovestreetgames.com

Forward-Looking Statements

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “may,” “predict,” “continue,” “estimate” and “potential,” or the negative of these terms or other similar expressions. Forward-looking statements appear in a number of places in this press release and include, but are not limited to, statements regarding Snail Games USA, in collaboration with Studio Wildcard, and Grove Street Games, marks a significant moment in the expansion of the ARK franchise, which releases underscore Snail Games’ commitment to growing the ARK ecosystem and offering new opportunities to engage an ever-expanding global audience. The Company is aiming to expand the reach of the ARK franchise making the game more accessible to gamers around the globe. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which was filed by the Company with the SEC on April 1, 2024 and other documents filed by the Company from time to time with the SEC, including the Company’s Forms 10-Q filed with the SEC. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

Contacts:
Investors:
investors@snail.com
Press:
media@snail.com 

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SOURCE Snail, Inc.

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