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The Rise of Thermostatic Mixers Market: A $5.79 Billion Industry Dominated by Tech Giants – Hansgrohe SE, LIXIL Corp and TOTO Ltd. | The Insight Partners

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The global thermostatic mixers market is set for explosive growth, with projections indicating a surge to $5.79 billion by 2031. This remarkable expansion, driven by the increasing focus on water and energy conservation.

NEW YORK, Nov. 5, 2024 /PRNewswire/ — According to a new comprehensive report from The Insight Partners, the global Thermostatic Mixers market is observing significant growth owing to the increasing investments in the construction sector and rising residential and commercial infrastructure.

For Detailed Market Insights, Visit: https://www.theinsightpartners.com/reports/thermostatic-mixers-market

The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Thermostatic Mixers market comprises a vast array of wall and deck mount which are expected to register strength during the coming years.

For More Information and To Stay Updated on The Latest Developments in The Thermostatic Mixers Market, Download The Sample Pages: https://www.theinsightpartners.com/sample/TIPRE00039266/

Market Overview and Growth Trajectory:

Thermostatic Mixers Market Growth: According to an exhaustive report by The Insight Partners, the Thermostatic Mixers Market is experiencing significant growth, driven by the growing proliferation of thermostatic mixers in hotels, resorts, spa centers, hospitals, and care centers. The market, valued at $4.01 billion in 2023, is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.7% during 2023–2031.

The global Thermostatic Mixers market is observing substantial growth and is expected to maintain its upward trajectory in the foreseeable future. This growth can be accredited to numerous factors. Firstly, there is a rising growing demand for water and energy consumption. The awareness about water and energy conservation is growing owing to the future need for water as well as limited clean water availability across the globe. The rise in government initiatives toward the use of water-efficient and water-conservation products is fueling the demand for thermostatic mixers. Furthermore, the increasing importance of temperature control for safety. Unsafe water temperature is the major cause of injuries caused while taking a bath or shower across the globe. To control the water temperature as desired, there is an increased installation of thermostatic mixers, which ensure the precise water temperature and regulate the flow. Thus, the rising importance of temperature control for safety boosts the thermostatic mixer market growth.

Technological Innovations: In the ever-evolving landscape of bathroom faucets, thermostatic mixers are becoming increasingly popular due to their precision in maintaining water temperature, energy efficiency, and improved safety features. Thermostatic mixer manufacturers are engaged in the development of advanced thermostatic shower mixers to further strengthen their product portfolio and maintain the company’s position in the market worldwide. For instance, in April 2024, Jaquar Group innovated and launched a hybrid touch thermostatic mixer shower—Jaquar Qloud. This new product offers precise water temperature regulation, water flow, and shower mode selection integrated with analog and digital control systems. In addition, in February 2022, Gainsborough Showers launched a new range of mixer showers, including three premium models integrated with thermostatic temperature control Cool Touch technology for safety in showering applications. Thus, the launch of hybrid touch and premium thermostatic mixers is expected to create lucrative opportunities for the key companies operating in the thermostatic mixer market from 2023 to 2031.

Stay Updated on The Latest Thermostatic Mixers Market Trends: https://www.theinsightpartners.com/sample/TIPRE00039266/

Growing popularity of luxury products and home renovation projects: In smart bathrooms of various residential and commercial settings, consumers prefer products from luxury brands of products such as. This is expected to raise the demand for thermostatic mixers to regulate temperature and water flow from showers and taps precisely. In addition, many consumers are looking for brands that offer thermostatic mixers for showers with rainfall or waterfall-like designs. Some of the advanced thermostatic mixer shower examples include SH-42202 thermostatic bathroom shower mixer by LEELONGS, BubbleSpa Exposed Mixer Shower System by Kelda Showers Limited, Mira Opti-floPro by Kohler Mira Ltd among others. Moreover, spending on home improvement or renovation projects in the US increased from US$ 363 in 2020 to US$ 472 billion in 2022. It is also expected that consumer spending on home improvements, renovations, and repairs is anticipated to reach US$ 485 billion by the end of 2024, as per the study by the Joint Center for Housing Centers of Harvard University (JCHS). Thus, the growing popularity of luxury products and home renovation projects is expected to be the key trend in the thermostatic mixers market from 2023 to 2031.

Geographical Insights: In 2023, Europe led the market with a substantial revenue share, followed by North America and Asia Pacific. Asia Pacific is expected to register the highest CAGR during the forecast period.

Thermostatic Mixers Market Segmentation, Applications, Geographical Insights:

Based on mounting type, the market is divided into deck mount, wall mount. The wall mount segment held the largest share of the Thermostatic Mixers market in 2023.Based on application, the market is bifurcated into residential and commercial. The commercial segment held the largest share of the Thermostatic Mixers market in 2023.Based on design type, the market is categorized into concealed and exposed. The concealed segment held the largest share of the Thermostatic Mixers market in 2023.The Thermostatic Mixers market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America.

Purchase Premium Copy of Global Thermostatic Mixers Market Size and Growth Report (2023-2031) at: https://www.theinsightpartners.com/buy/TIPRE00039266/

Key Players and Competitive Landscape:

The Thermostatic Mixers Market is characterized by the presence of several major players, including:

Hansgrohe SELIXIL CorpTOTO Ltd.ROCA GroupAquantFIMA CARLO FRATTINI S.P.A.Geberit AGHindware Home Innovation Ltd.Jaquar GroupKohler Co.

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

Thermostatic Mixers Market Recent Developments and Innovations:

“Kohler opened manufacturing facility in Casa Grande.””Kohler Co. launched a warehouse in Huntsville, Alabama, to support growing customer demand for its high-volume STERLING Vikrell bath and shower fixtures.””AXOR and PHOENIX collaborated to introduce AXOR ShowerSelect ID.””Roca Group acquired Nosag and IneoCare. Both companies are dedicated to the production of bathroom and toilet assist devices.”

For Region-Specific Market Data, Check Out Brief Sample Pages: https://www.theinsightpartners.com/sample/TIPRE00039266/

Thermostatic Mixers Market Drivers, Challenges, Future Outlook and Opportunities:

The average water temperature that creates pain sensations is 106°C, making it essential to maintain the temperature of water in bathing and shower applications. In the US, there are between 3,000 and 4,000 cases of water-related scalds, with a ~30% death rate for people aged above 60, as per the data from the US EPA. Further, the rise in accidents or injuries owing to the variation in water temperature through water sources in bathing or washing applications in residential and commercial premises has increased the importance of water temperature control for safety. According to the Americans with Disabilities Act, every water source in the bathing area must have anti-scald protection. This means that the bathtub and shower must be protected from hot water entering the bathing environment.

The initial cost of the thermostatic mixer is high as compared to the conventional or standard water mixer owing to advanced technologies and additional features integrated into thermostatic mixers. The maintenance and repair cost of a thermostatic mixer is also high as it requires complex procedures for regular maintenance and repair. Moreover, owing to various technical or product standards in several countries worldwide is a key challenge for manufacturers to manufacture thermostatic mixers and related components such as showers, valves, taps, etc. For example, the ASSE 1070 standard by the American Society of Sanitary Engineering and BS EN 1111:2017 by European Standards, among others. Furthermore, considering market-specific regulatory and legal factors, manufacturers must follow safety standards and certifications to ensure the safety and quality of their products. This includes compliance with water safety regulations, building codes, and environmental standards. Therefore, the high installation and maintenance costs and stringent environmental regulations & safety standards hampers the thermostatic mixer market growth.

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The wall-mounted thermostatic mixer is another mounting type installation that offers safety and maximum comfort to residential and commercial washrooms. The wall-mounted thermostatic mixer offers thermostatic temperature control in the bathtub filling and shower applications. The wall-mounted thermostatic mixer offers benefits such as a unique aesthetic and space-saving design, easy maintenance, etc. A thermostatic mixer helps maintain the water supply in the event of pressure fluctuations while ensuring constant temperature. Thus, the benefits associated with wall mount thermostatic mixers, along with a rise in residential construction activities across developing economies, are expected to bolster the market growth in the coming years. 

Conclusion:

Intervention of smart technology in sanitaryware and bathroom fixtures is currently positively influencing the application of thermostatic mixer. The Thermostatic Mixers Market is witnessing a period of strong growth and development across various nations, such as the UK, Germany, France, the US, and Canada owing to increasing consumer inclination towards advanced bathware products. The growing consumer preference for premium products and high social lifestyle is boosting the application of thermostatic mixers at the global level. The introduction of technologically advanced thermostatic mixers, such as hybrid thermostatic mixers and high-end sensor-equipped thermostatic mixers, the proliferation of luxury products, and the emphasis on home renovation are positively impacting the market growth.

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With projected growth to $5.79 billion by 2031, the Thermostatic Mixers Market represents a significant opportunity for component providers, system technology integrators, investors, system manufacturers, and industry stakeholders. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape.

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Smart Bathroom Market Size and Forecasts (2021 – 2031)Temperature Control Unit Market Size and Forecasts (2021 – 2031)Thermostatic Radiator Valves Market Size and Forecasts (2021 – 2031)Planetary Mixers Market Size and Forecasts (2021 – 2031)Faucet Market Size and Forecasts (2021 – 2031)Smart Toilet Market Analysis and Forecast by Size, Share, Growth, Trends 2031Smart Water Metering Market Size and Growth 2031

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/thermostatic-mixers-market

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HALLMARK VENTURE GROUP, INC. SECURES INITIAL $50,000 IN BRIDGE FINANCING AND WELCOMES NEW DIRECTOR

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LAS VEGAS, Nov. 5, 2024 /PRNewswire/ — Hallmark Venture Group, Inc. (OTC: HLLK) (“HLLK” or the “Company”) is pleased to announce in an 8k filed today that it has secured $50,000 in initial bridge financing. This funding will drive the Company’s ongoing expansion in search engine marketing (SEM), support machine learning advancements, and facilitate key talent acquisition.

The Company is also excited to welcome Nick Cardosi as the newest member of its Board of Directors, strengthening its leadership team and enhancing its expertise.

Additionally, Hallmark Venture Group has moved its principal place of business to Las Vegas, Nevada, positioning the Company for further growth and market accessibility.

In partnership developments, HLLK has entered into an agreement with Creative Venture Capital LTD (“CVC”). Under this agreement, CVC will continue to introduce high-quality traffic to the Jubilee platform, with revenue-sharing arrangements in place to benefit both parties.

The Company has also formalized an Executive Compensation Agreement with its President and CEO, Evan Bloomberg. The 24-month agreement includes $1,000,000 in shares of Company common stock, an annual salary of $340,000, and a tiered performance bonus linked to quarterly revenue milestones.

About Hallmark Venture Group, Inc.

Hallmark Venture Group, Inc. (OTC: HLLK) is a digital marketing leader specializing in machine learning and AI solutions to automate and optimize ad campaigns. The Company’s platform provides real-time insights that maximize ROI with minimal manual intervention.

Through its subsidiary, Jubilee Intel, HLLK continues to pioneer advancements in digital marketing. The team is focused on cutting-edge projects to enhance keyword research, traffic quality, and time-series data analysis, all aimed at boosting efficiency and profitability for digital advertising campaigns.

Safe Harbor Statement

Safe Harbor This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may”,”would”, “will”, “estimate”, “can”, “believe”, “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in the Company’s filings with the Securities and Exchange Commission and/or OTC Markets.

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MedAdvisor Solutions Launches Telehealth Service on MedAdvisor Patient App, Further Enhancing Access to Care

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Patients can now book virtual provider consultations within the App

MELBOURNE, Australia, Nov. 6, 2024 /PRNewswire/ — MedAdvisor Solutions, a global leader in pharmacy-driven patient engagement solutions, announced today that new Telehealth functionality is now available within the MedAdvisor App and is already being utilised by patients. Access to telehealth services was ranked as the 3rd most desirable feature by pharmacists, based on feedback from our extensive network of pharmacy partners1. Telehealth access via the App simplifies the patient healthcare journey, allowing patients to consult with providers and manage their prescriptions from anywhere, at any time.

This new feature in the MedAdvisor App allows patients to book virtual consultations with providers and receive eScripts following the consultation. The App also allows patients to pre-order medications from their preferred pharmacy and receive renewal reminders as needed.

The launch reflects MedAdvisor Solutions commitment to meet the evolving needs of patients and pharmacies across Australia, where more than 95,000 practitioners use Telehealth and 23% of appointments occur via Telehealth2. By making prescriptions, medication information and health services available through the MedAdvisor App patients can take a more active role in their healthcare journey, enhancing adherence and improving outcomes.

The feature allows for more seamless communication between patients, pharmacists, and providers, ultimately improving care coordination and eliminating barriers to medication adherence, such as geographic or time constraints.

“Providing seamless access to Telehealth services is a natural progression for the MedAdvisor app, providing a comprehensive resource for patients’ healthcare needs,” said Wayne Marinoff, President ANZ of MedAdvisor Solutions. “By enabling virtual consultations and eScript functionality, we are not only enhancing patient engagement and satisfaction, but also helping pharmacies streamline their operations and maintain strong patient relationships.”

To access the new Telehealth feature, patients can download the MedAdvisor App from the App Store or Google Play for free. After logging in, patients will have access to a wide range of healthcare services, including the ability to book virtual consultations with healthcare providers and receive eScripts directly within the App. The MedAdvisor App streamlines the entire healthcare journey, allowing patients to manage prescriptions, consult with professionals, and access medication reminders—all in one convenient platform.

Access to telehealth within the App aligns with the company’s commitment to enhancing access to care for patients across the country. Last year, MedAdvisor Solutions was chosen as the preferred software provider for the Expanded Scope of Practice initiatives. Today, more than 84,000 patients have received 88,400 services across 3,640 pharmacies. Additionally, 84% of pharmacies report being satisfied with MedAdvisor Solutions’ ability to help them expand the scope of health services in their pharmacy.1 By continuing to collaborate with our pharmacy partners and evolve our platform, MedAdvisor Solutions is helping to drive the future of patient-centric care.

About MedAdvisor Solutions
MedAdvisor Solutions is a global leader of pharmacy-driven patient engagement solutions that provide individualized patient experiences to simplify the patient medication journey. Our solutions utilise an empathetic, data-driven approach to engagement and an innovative, patient-centric digital experience that empower the pharmacy of the future and inspire lasting behaviour change. MedAdvisor Solutions works with over 37,000 pharmacies across the US, Australia & New Zealand to deliver our solutions to help patients take their medication safely and effectively.

In Australia, MedAdvisor Solutions has connected nearly 4 million patients through more than 95% of Australian pharmacies. MedAdvisor Solutions is on track to become one of the largest players to aid in the global transformation of the pharmacy of the future through digital patient engagement solutions. In 2018 and 2020, MedAdvisor Solutions was recognized in the AFR Fast 100 and in 2022, 2023 and 2024 received the Retail Excellence Award (REX) for Technology & Automation from Drug Store News.

www.medadvisorsolutions.com 

12023 internal MedAdvisor research of 459 pharmacists across 451 pharmacies in Australia
2Australian Government Department of Health and Aged Care, 6 October 2023, Does using telehealth affect our healthcare?

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MAJOR ANNOUNCEMENT: Louder with Crowder Joins ‘Rumble Premium’; MugClubbers Granted Full Access to Exclusive ‘Rumble Premium’ Features

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Current MugClub members are grandfathered in and will now have full platform access that includes ad-free video viewing, exclusive content, a verified badge, and other benefits.New Subscribers will have the option to subscribe monthly for $9.99 or annually for $99.Donald Trump Jr. and Kimberly Guilfoyle are confirmed to be a part of Rumble Premium.This merge between MugClub and Rumble Premium ensures continued support for the ‘Louder with Crowder’ mission as well as increased quality services for MugClubbers.For more information on Rumble Premium, access https://rumble.com/premium.

DALLAS, Nov. 5, 2024 /PRNewswire/ — Louder with Crowder announced today that its member-only subscription service, MugClub, will join forces with Rumble Premium, as both organizations look to provide the highest quality services for their loyal audiences going into 2025.

Current MugClubbers will be granted full access to Rumble Premium features — which includes ad-free video viewing, exclusive content, a verified badge, among other benefits.

Subscribers can opt-in monthly for $9.99 or annually for $99, saving 17% compared to the monthly fee.

Louder with Crowder is excited about its continued partnership with Rumble to deliver the most unique and high-quality content to loyal subscribers.

Rumble has been a consistent defender of free speech, and the company’s success is proof that the American people support platforms that unwaveringly stand by the First Amendment.

This merge between MugClub and Rumble Premium ensures continued support for the ‘Louder with Crowder’ mission as well as increased quality services for MugClubbers.

Louder with Crowder CEO, Gerald Morgan Jr., expressed his enthusiasm about this announcement.

“From the beginning, Rumble and ‘Louder with Crowder’ wanted to create a place where you can pay one subscription fee and support all of the creators you love. With the launch of Rumble Premium, we are finally making that happen. Think Netflix combining with YouTube, this is going to be huge!”

For more information on Rumble Premium, access https://rumble.com/premium.

Louder with Crowder and Rumble will continue to share updates on this growing partnership as more benefits and features are added to enhance the subscriber experience.

Media Contact:  
comms@louderwithcrowder.com 

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