Technology

Air Dehumidifier Market to Reach $5.2 Billion, Globally, by 2032 at 6.4% CAGR: Allied Market Research

Published

7 months ago

February 21, 2024

Expanding urbanization intensifies the demand for air dehumidifiers as highly populated urban areas witness a surge in construction activities, resulting in a higher prevalence of airtight buildings. These structures combined with limited ventilation, elevate indoor humidity levels, fostering the need for dehumidifiers. As urban populations witness growth, the market experiences increased demand for these devices, which are essential for maintaining optimal humidity levels and ensuring comfortable, healthy living conditions in urban residences and commercial spaces.

PORTLAND, Ore., Feb. 21, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Air Dehumidifier Market by Type (Mobile Dehumidifier, Mini Dehumidifier, and Fixed Dehumidifier), Capacity (Small Capacity, Medium Capacity, and Large Capacity), Price Range (High Range, Mid-Range, and Low Range), Application (Residential, Commercial, and Industrial), and Sales Channel (Online and Offline): Global Opportunity Analysis and Industry Forecast, 2023-2032.”. According to the report, The global air dehumidifier market was valued at $2.8 billion in 2022, and is projected to reach $5.2 billion by 2032, growing at a CAGR of 6.4% from 2023 to 2032.

Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A134908

Prime determinants of growth

Growing health concerns drive the demand for air dehumidifiers as consumers recognize the link between high humidity levels and health issues such as allergies and respiratory problems. Dehumidifiers mitigate mold and dust mites, allergens that thrive in humid conditions, thus promoting healthier indoor environments. The increased awareness of these health benefits fuels the demand for the air dehumidifier market as individuals seek solutions to enhance air quality, reduce the risk of respiratory ailments, and create safer living and working spaces.

Report coverage & details:

Report Coverage

Details

Forecast Period

2023–2032

Base Year

2022

Market Size in 2022

$2.8 billion

Market Size in 2032

$5.2 billion

CAGR

6.4 %

No. of Pages in Report

300

Segments Covered

Type and region

Drivers

Climate Change Impact and Health Awareness

Industrial Processes and Rapid Urbanization

Opportunities

Technological Advancements and Government Initiatives

Restraints

High initial and operating costs

High Energy Consumption

The fixed dehumidifier segment to maintain its leadership status throughout the forecast period

By type, the fixed dehumidifier segment held the highest market share in 2022, accounting for more than half of the global air dehumidifier market revenue and is estimated to maintain its leadership status throughout the forecast period. Fixed dehumidifier advanced systems offer remote monitoring, control, and data analytics, allowing for more efficient and precise humidity management. However, the mini dehumidifier segment is projected to manifest the highest CAGR of 6.9% from 2023 to 2032. The market for mini dehumidifiers is witnessing innovations in design, with sleek and aesthetically pleasing models becoming more prevalent.

Procure Complete Report (300 Pages PDF with Insights, Charts, Tables, and Figures): https://bit.ly/49JBafd

The large capacity segment to maintain its leadership status throughout the forecast period

By capacity, the large capacity segment held the highest market share in 2022, accounting for nearly half of the global air dehumidifier market revenue and is estimated to maintain its leadership status throughout the forecast period. The air dehumidifier market is witnessing a trend toward larger capacity units, catering to the demand for efficient moisture control in larger spaces such as commercial buildings, industrial facilities, and expansive residential areas. However, the small capacity segment is projected to manifest the highest CAGR of 6.8% from 2023 to 2032. In the air dehumidifier market, there is a growing demand for the small capacity units that offer enhanced efficiency and energy savings.

The high range segment to maintain its leadership status throughout the forecast period

By price range, the high range segment held the highest market share in 2022, accounting for nearly half of the global air dehumidifier market revenue and is estimated to maintain its leadership status throughout the forecast period. Manufacturers focus on incorporating eco-friendly refrigerants, energy-efficient technologies, and smart sensors for optimized performance. However, the online segment is projected to manifest the highest CAGR of 6.8% from 2023 to 2032. The convenience of online shopping, coupled with easy comparison shopping and access to user reviews, makes online platforms a preferred choice for consumers.

The industrial segment to maintain its leadership status throughout the forecast period

By application, the industrial segment held the highest market share in 2022, accounting for more than half of the global air dehumidifier market revenue and is estimated to maintain its leadership status throughout the forecast period. These powerful units prevent condensation, protect equipment, and maintain optimal conditions for processes. However, the residential segment is projected to manifest the highest CAGR of 6.8% from 2023 to 2032. In the low-range segment, there’s a growing trend toward compact designs with energy-efficient features.

The offline segment to maintain its leadership status throughout the forecast period

By sales channel, the offline segment held the highest market share in 2022, accounting for more than two-thirds of the global air dehumidifier market revenue and is estimated to maintain its leadership status throughout the forecast period. The in-person product evaluation and the ability to receive personalized consultation from knowledgeable sales associates contribute to the appeal of offline retail outlets. However, the low-range segment is projected to manifest the highest CAGR of 6.9% from 2023 to 2032. In residential applications, there is a growing preference toward integration of smart technologies such as Wi-Fi-enabled devices in air dehumidifiers.

Want to Access the Statistical Data and Graphs, Key Players’ Strategies: https://www.alliedmarketresearch.com/purchase-enquiry/A134908

North America to maintain its dominance by 2032

By region, North America held the highest market share in terms of revenue in 2022, accounting for more than one-third of the air dehumidifier market revenue. In North America, the air dehumidifier market is experiencing notable trends shaped by factors such as increasing concerns about health and well-being, climate variations, and advancements in technology. However, the Asia-Pacific region is expected to witness the fastest CAGR of 6.8% from 2023 to 2032. There is a growing preference for smart dehumidifiers equipped with advanced sensors and connectivity features, enabling users to control and monitor humidity remotely.

Leading Market Players: –

Electrolux ABWhirlpool CorporationDe’Longhi Appliances S.r.l.LG Electronics Inc.Honeywell International Inc.Haier Smart Home Co., Ltd.Munters Group ABCondair Group AGSharp CorporationMidea Group Co., Ltd.

The report provides a detailed analysis of these key players in the global air dehumidifier market. These players have adopted different strategies such as collaborations, expansion, joint ventures, agreements, and others 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.

Read More Trending “AMR Exclusive Insights:

• Air Purifiers and Dehumidifiers Market Opportunity Analysis and Industry Forecast, 2023-2032
• Humidifier Player Market Opportunity Analysis and Industry Forecast, 2023-2032
• VOC Air Purifier Market Opportunity Analysis and Industry Forecast, 2023-2032
• Air Purifiers with Filters Market Opportunity Analysis and Industry Forecast, 2023-2032
• Home and Industrial Air Purifier Market Opportunity Analysis and Industry Forecast, 2023-2032
• Personal Air Purifier 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.

Contact:
David Correa
United States
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
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/air-dehumidifier-market-to-reach-5-2-billion-globally-by-2032-at-6-4-cagr-allied-market-research-302067003.html

Technology

PEAC Institute Launches “24 Hour Pause for Peace: A Global Concert”

Published

2 hours ago

September 21, 2024

24 Hour Pause for Peace Will Be the Largest Peace Initiative Ever Worldwide, Unifying 96 Countries on Six Continents Through Music

MONTCLAIR, N.J., Sept. 21, 2024 /PRNewswire-PRWeb/ — On this International Day of Peace, PEAC Institute, part of the 2017 Nobel Peace Prize winning team, has launched “24 Hour Pause for Peace: A Global Concert,” the largest peace initiative ever organized worldwide through music.

“Now, we need companies, government entities, other nonprofits and donors who care about our cause for peace to join us in lifting up the biggest event of this generation.”

On October 4, 2025, this ground-breaking program will activate a massive network of youth ensembles that spans 96 countries and territories across six continents and host two 24-hour commercial festivals featuring some of the biggest acts in music and entertainment. This extraordinary day-long event will be live-streamed globally, allowing millions to participate simultaneously.

“It has been 40 years since Live Aid and We Are the World historically unified and changed the world through music,” said Rebecca Irby, president and CEO of PEAC Institute. “With our planet riddled with post-pandemic fatigue, climate chaos, unsettling wars and more, we believe it is time to create a new trajectory for humanity by inviting everyone around the globe to a 24 hour pause for peace to enjoy the sounds of music and feel the transformative power of human connection,” Irby explained.

Additionally, 24 Hour Pause for Peace plans to amass more than 100 million ambassadors to sign an appeal to the United Nations calling for a 24 hour ceasefire during the children’s concerts and commercial music events. All countries are welcome to participate with no exceptions. One of Pause for Peace’s core beliefs is everyone has the right to be equally respected and heard, particularly in collectively calling for peace.

“Achieving this ambitious global endeavor requires the support and participation from the most impactful brands, organizations, and influential leaders, artists and celebrities,” said Jennifer McKenna, 24 Hour Pause for Peace CEO.

Pause for Peace is a $165 million global initiative. Currently, it is in its first phase of raising seed capital through consumer brand-aligned sponsorships and private donors. Funding for the program is tax-deductible through PEAC’s 501(c)(3) status.

“We have assembled an exceptional executive team of change agents in entertainment, production, consumer marketing, charitable development and global security to make this extraordinary, worldwide peace event happen.” McKenna added. “Now, we need companies, government entities, other nonprofits and donors who care about our cause for peace to join us in lifting up the biggest event of this generation.” To become involved in 24 Hour Pause for Peace: A Global Concert as a sponsor, partner or donor, sign up to be an Ambassador, or for more information, go to www.24hourpauseforpeace.org.

About PEAC Institute

PEAC Institute is a 501(c)(3) nonprofit organization based in the United States. PEAC stands for peace, education, art and communication. It was formed in 2016 through a campaign with partner organization, International Campaign to Abolish Nuclear Weapons (ICAN), which garnered a 2017 Nobel Peace Prize. PEAC now holds special consultative status with the Economic and Social Council of the United Nations and has a global presence working with countries and territories worldwide to reach the most marginalized youth through art and communication activities to help them explore and express. For more information on PEAC Institute, go to www.peacinstitute.org.

Media Contact

Chadwick Boyd, Pause for Peace, 1 4046060611, chadwick@24hourpauseforpeace.org, www.24hourpauseforpeace.org

View original content to download multimedia:https://www.prweb.com/releases/peac-institute-launches-24-hour-pause-for-peace-a-global-concert-302254527.html

SOURCE Pause for Peace

Technology

Global Times: China opens 12 nuclear research facilities to global scientists

Published

3 hours ago

September 21, 2024

The involved facilities span areas such as basic nuclear research, isotope production, nuclear environment simulation, equipment testing, and radioactive waste treatment and disposal.

VIENNA, Sept. 21, 2024 /PRNewswire/ — China will open 12 nuclear research facilities and testing platforms to international scientists and institutions to enhance global cooperation, a senior Chinese official said here on Monday.

These include the China Advanced Research Reactor, the new-generation tokamak device Huanliu-3, and the Beishan Underground Research Laboratory, Liu Jing, vice chairman of the China Atomic Energy Authority (CAEA), said at a meeting on the sidelines of the International Atomic Energy Agency’s (IAEA) annual general conference.

The facilities span areas such as basic nuclear research, isotope production, nuclear environment simulation, equipment testing, and radioactive waste treatment and disposal.

Monday’s meeting, themed “Share for Development,” was organized by the CAEA to promote international cooperation in nuclear technology research and development, as China marks the 40th anniversary of its accession to the IAEA.

Yu Jianfeng, chairman of China National Nuclear Corporation, said at the event that the company aims to deepen cooperation with the IAEA and expand international collaboration. He expressed hope that opening China’s nuclear research facilities will contribute to advancing nuclear technology globally.

IAEA’s Deputy Director General Mikhail Chudakov commended China’s remarkable achievements in nuclear energy development and highlighted the long-standing, fruitful relationship between the IAEA and the CAEA.

Welcoming China’s decision to open up more of its nuclear research and development facilities, Chudakov said the move will further strengthen the agency’s technical capacity to support its member states.

On Monday evening, the CAEA and China’s permanent mission to the United Nations (UN) and other international organizations in Vienna jointly held a reception at the UN headquarters in Vienna to celebrate the 40th anniversary of China’s accession to the IAEA. More than 200 participants, including IAEA representatives and foreign envoys to Vienna, attended the event.

Li Song, China’s permanent representative to the UN and other international organizations in Vienna, said at the reception that China and the IAEA have expanded practical cooperation and jointly promoted the development of nuclear energy over the past 40 years.

China, he said, will continue to strengthen collaboration with the IAEA and its member states to address emerging challenges in international security, safeguard the global non-proliferation regime, and promote the use of nuclear energy and technology for the benefit of the Global South.

At the reception, Liu, Li and IAEA Director General Rafael Grossi jointly unveiled a bronze statue of Qian Sanqiang, a renowned Chinese nuclear physicist and one of the founders of China’s nuclear industry.

The statue, donated by China, will be permanently displayed at the IAEA headquarters, alongside sculptures of Polish-French physicist Marie Curie and other prominent figures who have made significant contributions to the peaceful use of nuclear energy.

Contact: xutianshu@globaltimes.com.cn

View original content:https://www.prnewswire.com/news-releases/global-times-china-opens-12-nuclear-research-facilities-to-global-scientists-302254830.html

SOURCE Global Times

Technology

The Ar-King of Spirits: Ed Arking’s Impact on the Liquor Industry

Published

4 hours ago

September 21, 2024

In the interest of providing luxury liquors in a convenient and stress-free format, Served Neat was born. When asked about his intentions for the company, Ed states, “My goal with Served Neat is to create a one-stop shop where customers can easily discover these rare gems.”

MOORESTOWN, N.J., Sept. 21, 2024 /PRNewswire-PRWeb/ — Served Neat is an emerging online platform with a curated selection of some of the world’s most popular luxury spirits. The website offers daily flash deals that highlight a variety of high-end international brands including Pappy Van Winkle, Buffalo Trace, Clase Azul, and more.

“While there are websites selling spirits, none have the decades of experience that we bring from WTSO. Served Neat will offer not only incredible bottles but also the best customer service in the industry.”

Ed and Joe Arking, the father-son team behind the concept of Served Neat, have decades of experience hand-selecting and supplying sought-after liquors. Ed Arking, CEO of New Jersey’s Roger Wilco, grew up in the world of wine and spirits and formed his own business aspirations.

“Growing up, I watched my father navigate and succeed in the ever-evolving wine and spirits industry,” Ed explains. “While I always aspired to create something similar, I knew I needed to wait for the right moment.” Ed has gone on to manage his own liquor store and lead projects for up-and-coming brands, such as the vodka-infused and non-carbonated Smooth Water.

As he evolved in his career, Ed discovered the perfect time to make his lifelong vision a reality. He recalls, “I noticed a gap in the market—especially for whiskey and tequila. These categories have surged in popularity, making it difficult for the everyday consumer to find those elusive sought-after allocated bottles.”

When it comes to Served Neat, quality and knowledge is key. Ed adds, “While there are websites selling spirits, none have the decades of experience that we bring from WTSO. Served Neat will offer not only incredible bottles but also the best customer service in the industry.”

Served Neat is the sister company to WTSO and The Wine Market, two online platforms dedicated to sourcing and distributing top-notch wines from every corner of the globe.

At The Wine Market, an online marketplace for the world’s most popular wine brands, convenience and quality are key. Each bottle in their curated collection is a testament to exceptional flavor and craftsmanship.

Since 2006, WTSO has enjoyed creating a unique wine experience and sharing it with new beginners and seasoned connoisseurs alike. Using an extensive network of wineries and wine makers, WTSO connects customers to thousands of brands from top wine appellations around the globe. The strong relationships they’ve formed within the wine world allow the business to deliver authentic and high-quality bottles to homes across the United States.

Wine and spirits lovers alike are invited to explore Served Neat, WTSO, and The Wine Market to find their next favorite bottle. Visit their websites to learn more about these one-of-a-kind online marketplaces!

Media Contact

Julie Blount, WTSO, 1 8669572795, marketing@wtso.com

View original content to download multimedia:https://www.prweb.com/releases/the-ar-king-of-spirits-ed-arkings-impact-on-the-liquor-industry-302254517.html

SOURCE WTSO