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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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Technology

Pixelworks Empowers iQOO Z9 Turbo L Smartphone to Deliver a Flagship Visual Display Experience

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Expanded Frame Rate Capability and Enriched Visual Effect Options Offer Compelling yet Affordable Visual Quality Upgrades

SHANGHAI, Dec. 26, 2024 /PRNewswire/ — Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of visual processing solutions, announced that the newly released iQOO Z9 Turbo L smartphone is equipped with Pixelworks’ X5 Turbo visual processor. The integration solution provides targeted frame rate optimization for multiple popular mobile games, extending the play time for high-frame-rate gaming while utilizing lower power. Additionally, the solution enables multiple gaming filter modes for display enhancement, further enriching the visual experience for players. The smartphone also supports high-frame-rate modes for several video apps, which elevate the immersive video experience for consumers.

Powered by the Snapdragon® 8s Gen 3 mobile platform from Qualcomm Technologies, Inc., the iQOO Z9 Turbo L features a 6,400mAh ultra-thin BlueCell battery with support for 80W fast charging. In terms of display, the device sports a 6.78-inch 1.5K OLED screen with a refresh rate of up to 144Hz. With the adoption of Pixelworks’ X5 Turbo visual processor featuring distributed rendering architecture, the smartphone is able to better allocate processing resources to deliver extended play time of high-frame-rate games, enriched picture quality of low-frame-rate games and a more immersive video experience.

Specific to the gaming experience, the smartphone supports both frame rate improvement and power-saving modes. For games with high native frame rate, the Pixelworks X5 Turbo visual processor reduces unnecessary power consumption by offloading intensive rendering from the GPU, contributing to extended play time while maintaining optimal visual quality. For games with a lower native frame rate, the X5 Turbo dynamically boosts displayed frame rate of games to match the higher refresh rate capabilities of the smartphone’s display, enabling a smoother and more immersive experience at low power. Further enriching the visual enjoyment for mobile gaming , Pixelworks’ solution enables the smartphone with a variety of gaming filter modes, including a set of seven general purpose filter modes—customized, low-light enhancement, snow blindness prevention, old retro, vivid, soft and bright —as well as dedicated filter modes tailored to match the original artistic style for specific mobile games. Users can select filters based on visual preference to maximize the immersiveness of their gaming experience.

With respect to video experience, the smartphone leverages the Pixelworks visual processor’s content-adaptive motion processing to effectively reduce motion judder caused by the mismatch between contents’ native frame rate and the refresh rate of the display. This ensures that even low-frame-rate video content is delivered with excellent and stable visual quality on high refresh rate displays. Currently, this feature supports video frame rate interpolation from 24fps/25fps/30fps up to 60fps, and is compatible with several popular video apps, including iQIYI, Tencent Video, Youku, and Bilibili.

“As a device with flagship performance targeting the mid-range market, the iQOO Z9 Turbo L consistently strives for excellence in both product strength and user experience,” said Yaojing Yang, Senior Director of Gaming Experience Planning Center, iQOO. “We are pleased to continue our collaboration with Pixelworks in enhancing the visual performance and user experience. By integrating the Pixelworks X5 Turbo visual processor with a distributed rendering architecture, the smartphone is able to fully utilize its rendering capability to deliver smoother and more immersive gaming and video experiences. We look forward to extending this high-quality visual experience to a broader range of applications in the future, allowing more consumers to enjoy high-value and performance products that are competitively priced.”

“Congratulations on the launch of the iQOO Z9 Turbo L smartphone! Earlier this year, we collaborated with iQOO on the iQOO Z9 Turbo, and we were impressed by iQOO’s high standards of product quality and emphasis on delivering superior user experiences. The popularity of that model has validated iQOO’s unique market insight,” said Ting Xiong, co-GM and President of Sales and Marketing of Pixelworks China. “It’s an honor to power the iQOO Z9 Turbo L with our content-oriented visual optimization solutions that enable a flagship-level gaming and video experience at an affordable price. We look forward to deepening our collaboration across future products and technology to bring consumers even more groundbreaking visual experiences.” 

About vivo
vivo is a technology company that creates great products based on a design-driven value, with smart devices and intelligent services as its core. The company aims to build a bridge between humans and the digital world. Through unique creativity, vivo provides users with an increasingly convenient mobile and digital life. Following the company’s core values, which include Benfen*, user-orientation, design-driven value, continuous learning and team spirit, vivo has implemented a sustainable development strategy with the vision of developing into a healthier, more sustainable world-class corporation.

While bringing together and developing the best local talents to deliver excellence, vivo is supported by a network of R&D centers in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, Xi’an and more cities, focusing on the development of state-of-the-art consumer technologies, including 5G, artificial intelligence, industrial design, imaging system and other up-and-coming technologies. vivo has also set up an intelligent manufacturing network (including those authorized by vivo), with an annual production capacity of nearly 200 million smartphones. As of now, vivo has branched out its sales network across more than 60 countries and regions, and is loved by more than 500 million users worldwide.

*”Benfen” is a term describing the attitude on doing the right things and doing things right – which is the ideal description of vivo’s mission to create value for society.

Stay informed of latest vivo news at https://www.vivo.com/en/about-vivo/news

About Pixelworks
Pixelworks provides industry-leading content creation, video delivery and display processing solutions and technology that enable highly authentic viewing experiences with superior visual quality, across all screens – from cinema to smartphone and beyond. The Company has more than 20 years of history delivering image processing innovation to leading providers of consumer electronics, professional displays and video streaming services.

For more information, please visit the company’s web site at www.pixelworks.com.

Note: Pixelworks and the Pixelworks logo are trademarks of Pixelworks, Inc. Qualcomm and Snapdragon are trademarks of Qualcomm Incorporated, registered in the United States and other countries. Qualcomm Snapdragon is a product of Qualcomm Technologies, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.

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SOURCE Pixelworks, Inc.

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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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SOURCE BingX

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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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SOURCE Lyric

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