Ice Boxes Global Market Report 2023 – By Type Of Product (Inflatable Coolers, Marine Coolers, Soft Sided Coolers, Standard Ice Chests), By Application (Camping, Medical, Military cooler), By End Use (Household, Commercial, Industrial), By Type Of Material (Metal Coolers, Plastic Coolers, Fabric Coolers) – Market Size, Trends, And Global Forecast 2023-2032

A refrigerator is defined as an electrical appliance used to preserve food at cold temperatures. A freezer is part of a refrigerator where the temperature is maintained below the freezing point for storing food for longer periods. The main types of household refrigerators and home freezers are refrigerators, freezers, ice boxes, and refrigerator/freezer combinations. A refrigerator is an electronic household appliance that keeps food and drinks cold by pushing a liquid refrigerant through a sealed system, which causes it to vaporize, and draw heat out of the fridge. The vaporized refrigerant is then passed through coils outside the fridge (at the back or bottom). This warms up the vapor and changes it back into a liquid. The various door types of household refrigerators include single doors, double doors, side-by-side doors, and French doors. The different freezer locations are freezer on top, freezer on bottom, and freezer less, which are used for frozen vegetables and fruit, frozen meat, and other applications. The main types of household refrigerators and home freezers marketed by distribution channel are: specialty stores, supermarkets/hypermarkets, online, and others. The global household refrigerator and home freezer market is segmented - 1) By Type: Refrigerators, Freezers, Ice Boxes, Refrigerator/Freezer Combinations 2) By Refrigerator Door Type: Single Door, Double Door, Side by Side Door, French Door 3) By Freezer Location: Freezer on top, Freezer on bottom, Freezer less 4) By Application: Frozen Vegetable and Fruit, Frozen Meat, Other Applications 5) By Distribution Channel: Specialty Stores, Supermarkets/Hypermarkets, Online, Other Distribution Channels The global household refrigerator and home freezer market size will grow from $55.55 billion in 2022 to $59.96 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global household refrigerator and home freezer market is expected to grow to $78.88 billion in 2027 at a CAGR of 7.1%. The increasing consumption of processed food products such as frozen meat, vegetables, and dairy products as well as change in the dietary habits of consumers is driving the household refrigerator and freezer market growth. Due to busy lifestyles, consumers are increasingly relying on processed food and prepared meals that require refrigerators for storage. According to Rentokil, the processed food industries are valued at $2 trillion globally. The huge market for processed food products is expected to drive the growth of the household refrigerators and home freezers market. Major players in the household refrigerator and home freezer market are Aggreko, Atlas CopCo., Caterpillar Inc., FG Wilson, Kirloskar Electric Co. Ltd., Cummins Inc., Rolls-Royce, Wärtsilä, Yanmar Co. Ltd., and Briggs & Stratton Intense pricing pressure on manufacturers is restraining the growth of the household refrigerator and freezer market. The market has numerous players competing in terms of price, specifications, and other characteristics. Durable goods such as TV, and freezers are more price elastic than necessities. People are more likely to purchase when there is a reduction in the price of the goods and less likely to purchase when there is a price hike. Household refrigerators and home freezer manufacturers are implementing technologies such as IoT and embedded sensors in their products to improve overall functionality. Manufacturers are introducing advanced human-machine interface designs in refrigerators and also manufacturing refrigerators that can automatically recognize the type and weight of the food stored in the refrigerators and adjust and monitor the temperature as per requirement. In September 2021, Whirlpool, a US-based home appliances company acquired Elica for a deal amount of $57 million. Through this acquisition, Whirlpool expands its portfolio in kitchen appliances. Elica is an Italy-based company operating in home appliances including house- hold refrigeration and home-freezers. Asia-Pacific was the largest region in the household refrigerator and home freezer market in 2022. Western Europe was the second-largest region in the global household refrigerator and home freezer market share. The regions covered in the global household refrigerator and home freezer market report analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the household refrigerator and home freezer market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The household refrigerators and home freezers market consists of the sales of top-freezer refrigerators, bottom-freezer refrigerators, side-by-side refrigerators, french door refrigerators, upright freezers, chest freezers, handle ice boxes, wheeled ice boxes, and other household refrigerators and home freezers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The household refrigerator and home freezer market research report is one of a series of new reports from The Business Research Company that provides a household refrigerator and home freezer market statistics, including household refrigerator and home freezer industry global market size, regional shares, competitors with a household refrigerator and home freezer market share, detailed household refrigerator and home freezer market segments, market trends and opportunities, and any further data you may need to thrive in the household refrigerator and home freezer industry. This household refrigerator and home freezer market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Pizza box refers to a food package carton made of corrugated cardboard, which is made up of three layers of paper liners soldered together that prevent leakage of food, reduce chances of contamination of food, and make it warm for delivery to customers. Pizza boxes are made of corrugated cardboard, which is made up of three layers of paper liners soldered together. The main types of pizza boxes are whole pizza boxes and pizza slice boxes. Pizza slice boxes are broad and can hold huge slices of pizza, so users won't have to be concerned about the slice breaking or folding to fit it in. For additional visual appeal, several of the pizza slice boxes include appealing graphics on the top. The different types of materials include corrugated paperboard and clay-coated cardboard and are sold through online and offline sales channels. The various print types include printed boxes, and non-printed boxes and is used in restaurant, commissary, supermarket, and others. The global pizza box market is segmented - 1) By Box Type: Whole Pizza Boxes, Pizza Slice Boxes 2) By Material Type: Corrugated Paperboard, Clay Coated Cardboard 3) By Print Type: Printed Boxes, Non-Printed Boxes 4) By Sales Channel: Online, Offline 5) By Application: Restaurant, Commissary, Supermarket, Other Applications The global pizza box market size grew from $2.54 billion in 2022 to $2.81 billion in 2023, at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global pizza box market size is expected to grow to $3.56 billion in 2027 at a CAGR of 6.1%. The rising demand for fast foods is expected to fuel the growth of the pizza box market in the forecast period. Fast food consumption is on the rise as a result of convenience, low prices, a variety of menu options, flavor, and taste. Pizza is a popular fast-food item, including at national franchises such as Papa John's, Domino's Pizza, Sbarro, and Pizza Hut. There has been an increase in the consumption of fast food worldwide over the years, which in turn has boosted the demand for packaging products such as pizza boxes. For example, according to Fast Food Statistics 2021, fast food consumption grows at a rate of 2.2% per year. Therefore, the rising demand for fast foods drives the growth of the pizza box market. Major players in the pizza box market are Smurfit Kappa Group, Georgia-Pacific, New Method Packaging, Pratt Industries Inc., Magnum Packaging, DS Smith, International Paper, Huhtamaki Oyj, Rengo Co. Ltd., BillerudKorsnäs AB, and Rsg Packagings Pvt Ltd. The introduction of new packaging designs with a safety locking mechanism is shaping the pizza box market. Major players operating in the pizza box sector are focused on introducing new packaging designs to ensure the health and safety of the customers. For example, in April 2020, Pizza Pizza, a Canada-based pizza quick-service restaurant, introduced the Tamper Proof Pizza Box, which includes a safety locking mechanism that the customer must break to access the pizza inside. The box is built to keep the pizza fresh until it is delivered to the customer. The company has begun shipping with the new packaging, and by the end of the month, all 420 restaurants across the country will have boxes available in all sizes. In February 2022, CureFoods Private Limited, an India-based food company, acquired Sbarro, LLC, for an undisclosed amount. Through this acquisition, CureFoods increases its supply chain capabilities, pizza packaging, and product reach in North America. Sbarro, LLC, is a US-based company pioneering in pizza and pizza box packaging solutions. North America and Europe are the largest regions in the pizza box market in 2022. The regions covered in the pizza box market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the pizza box market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The pizza box market consists of sales of containerboard, corrugated fibreboard, and combined board.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The pizza box market research report is one of a series of new reports from The Business Research Company that provides pizza box market statistics, including pizza box industry global market size, regional shares, competitors with a pizza box market share, detailed pizza box market segments, market trends and opportunities, and any further data you may need to thrive in the pizza box industry. This pizza box market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Steam and air-conditioning supply refer to the production, collection, and distribution of steam and hot water for heating, power, and other purposes. This supply is used to provide steam, heated air, or cooled air. It also helps in the production and distribution of cooled air and production and distribution of chilled water for cooling purposes. The major types of steam and air-conditioning supply are the distribution of steam and heated air and the distribution of cooled air. Heated steam refers to steam at a temperature higher than its boiling point at absolute pressure and is referred to as superheated steam. It is distributed through multi-brand stores, exclusive stores, online channels, and other channels. It is primarily used by residential and commercial end-users. The global steam and air-conditioning supply market is segmented – 1) By Type: Distribution Of Steam and Heated Air, and Distribution Of Cooled Air 2) By Distribution Channel: Multi-Brand Stores, Exclusive Stores, Online, and Other Distribution Channels 3) By End User: Residential, Commercial The global steam and air-conditioning supply market size will grow from $96.09 billion in 2022 to $101.59 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The s market size of team and air-conditioning supply is expected to grow from $123.22 billion in 2027 at a CAGR of 4.9%. The growth in the steam & air-conditioning supply market is due to the higher disposable income, corporate profit, and industrial output, which has resulted in greater demand for air-conditioning and heating, particularly in urban areas. An increase in disposable income is expected to propel the growth of the steam & air-conditioning supply market going forward. Disposable income refers to the amount of money left to spend and save after income tax has been deducted. Due to a rise in the purchasing capacity of the public people are choosing to buy discretionary products which are costly and provide comfort steam & air-conditioning comes under this category of products. For instance, according to trading economies, a US-based company provides information about economic indicators, exchange rates, and stock market indexes. Disposable Personal Income in India increased the US $ 3017266.44INR Million in 2021 which is the US $ 2525496.31 Million in 2020. Therefore, an increase in disposable income is driving the growth of the perishable prepared food manufacturing market. Major players in the steam & air-conditioning supply market include Carrier Corporation, Trane Inc., Daikin Applied Americas Inc., Goodman Manufacturing Company LP, and Rheem Manufacturing Company. Technological innovations are the key trend gaining popularity in the steam and air-conditioning supply market major companies operating in the market are introducing new technologies such as Experience Zone to sustain their position in the market. For instance, in January 2021, Voltas Limited, an India-based manufacturer of steam and air-conditioning systems launched Experience Zone which helps to meet the growing expectations of consumers this provides real-time experience spaces. This is designed to experience a new range of Volta’s air conditioners. The steam and air-conditioning supply companies are adopting zoned steam and air conditioning systems for their reliable efficiency and low energy consumption. The zoned steam and air conditioning systems heat or cool specific areas by controlling zone halves or zone dampers attached inside the vents or ductwork. The zoned steam and air conditioning system consumes less energy to reach the selected temperature. The sophisticated zone steam and air condition system can be installed in a traditional system to meet the user’s specific needs. According to HVAC.com, these traditional zoning methods can save the user up to 30% on annual energy usage. Western Europe was the largest region in the steam & air-conditioning supply market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the steam & air-conditioning supply market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The steam and air conditioning supply market includes revenues earned by entities by providing electric power, natural gas, steam, hot water through a permanent infrastructure. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The steam and air-conditioning supply market research report is one of a series of new reports from The Business Research Company that provides steam and air-conditioning supply market statistics, including steam and air-conditioning supply industry global market size, regional shares, competitors with a steam and air-conditioning supply market share, detailed steam and air-conditioning supply market segments, market trends and opportunities, and any further data you may need to thrive in the steam and air-conditioning supply industry. This steam and air-conditioning supply market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Argon is a chemical element known as a Nobel gas (inert gas) that is isolated on a large scale by fractional distillation of liquid air and can be converted into colorless liquid form by lowering the temperature to below-186 degrees. Argon is frequently used when there is a requirement for inert atmosphere. The main phases of argon are liquid and gas. The liquid is flowing freely like water. Argon is used for functions such as cooling, illumination, and illusion. These are used by end users such as metal manufacturing and fabrication, chemicals, energy, healthcare, electronics, food and beverage, and other sectors. The global argon market is segmented - 1) By Phase: Liquid, Gas 2) By Function: Cooling, Illumination, Illusion 3) By End Userr: Metal manufacturing & fabrication, Chemicals, Energy, Healthcare, Electronics, Food & beverage, Other End-Users (includes scuba diving, automotive & transportation equipment) The global argon market size will grow from $6.06 billion in 2022 to $6.84 billion in 2023 at a compound annual growth rate (CAGR) of 12.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global argon is expected to grow from $10.28 billion in 2027 at a CAGR of 10.7%. The argon gas market is expected to be driven by the growing demand from the electronics industry. As argon gas provides an inert atmosphere needed for rapid cooling and heating of materials, it will be widely used for manufacturing semiconductors, flat panels, solar PV cells, and microelectronic devices in the electronics industry. The electronics industry has more scope due to the growth in the technology market, especially in Asia-Pacific, which is driving the requirement for advanced semiconductor components and a high reliance on specialty gases such as argon. Major players in the argon market are Airgas, Air Liquide, Linde, Messer Group, Praxair, Air Water, Air Products, American Gas Group, BASF, Buzwair, and Eurochem. Rising costs had a negative impact on the growth of the argon gas market. This rise in raw material costs resulted in higher manufacturing costs, thus decreasing the investments available for research and development of new products. Additionally, companies invested heavily in marketing their products due to intense competition in the market. Rising trucking, railroad, dry-bulk, and air-freight rates also negatively impacted the market. This rise in operating costs increased the pressure on companies to protect margins while maintaining the quality of their products. Many chemical manufacturers are adopting IoT (Internet of Things) technologies to connect equipment and smart devices to garner real-time insights and locate gaps in the manufacturing process. The data obtained through these devices is processed, analyzed, and interpreted by plant managers and senior-level management to improve quality and achieve optimum production levels. For example, smart systems give information on the working condition and performance of chemical reactors with embedded software and analytics tools to notify plant operators and managers of possible machine breakdowns. Major industrial gas manufacturers adopting IoT technology include Praxair-Linde and Air Products. In December 2020, Air Products & Chemicals, a US corporation, purchased the Oxygen and Argon works for NIS 575 million ($176.84 million). This acquisition aids Air Products & Chemicals' business expansion and rapid growth potential. Israel's Oxygen & Argon Works is Israel's leading producer of industrial gases, including helium, oxygen, hydrogen, and argon. Asia-Pacific was the largest region in the argon market in 2022. North America was the second-largest region in the global argon market share. The regions covered in the argon market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the argon market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The argon market consists of the sales of argon used in refrigeration, cryosurgery, airbag inflation, fire extinguishing, and spectroscopy. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The argon market research report is one of a series of new reports from The Business Research Company that provides argon market statistics, including argon industry global market size, regional shares, competitors with an argon market share, detailed argon market segments, market trends and opportunities, and any further data you may need to thrive in the argon industry. This argon market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The temperature management control and maintain specific body temperature through external warming or cooling for a specific duration. The temperature management devices are used in operation theatres during surgeries, ICU, blood warming, and in other chronic conditions such as cardiac ailments, neurological disorders, and cancer. The temperature management market covered in this report is segmented by product into patient warming devices and patient cooling devices. The patient warming devices are used to maintain specific body temperature through external warming. It is also segmented by application into surgery, cardiology, pediatrics, neurology, orthopedic surgery, others and by end-use into the operating room, neonatal ICU, emergency room, ICUs, and others. The global temperature management market is segmented - 1) By Product: Patient Warming Devices, Patient Cooling Devices 2) By Application: Surgery, Cardiology, Pediatrics, Neurology, Orthopedic Surgery, Other Applications 3) By End-Use: Operating Room, Neonatal ICU, Emergency Room, ICUs, Other End-Uses The global temperature management market grew from $2.75 billion in 2022 to $2.84 billion in 2023 at a compound annual growth rate (CAGR) of 3.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global temperature management is expected to grow from $3.17 billion in 2027 at a CAGR of 2.8%. A rise in the prevalence of chronic diseases is expected to drive the temperature management market. For instance, in 2020, Cancer was the leading cause of death accounting for nearly 10 million deaths worldwide. A decrease in temperature increases the inflammation or multiplying of cancer cells in patients. It also acts as a predictor of death for critically ill cancer patients. Hyperthermia, a type of treatment that uses a high temperature, is therefore used for treating cancer patients. Therefore, maintaining temperature for patients with chronic diseases helps in decreasing the infection and saving lives which in turn drives the temperature management market. Major players in the temperature management market are 3M Company, Becton, Dickinson and Company, Draegerwerk AG & Co. KGaA, Smiths Medical, Stryker Corporation, The 37company (The Surgical Company), Zoll Medical Corporation (A Subsidiary of Asahi Kasei Corporation), C. R. Bard, Mennen Medical, and Medtronic (COVIDien). The risk associated with the use of invasive temperature management devices is expected to hinder the temperature management devices. For instance, during the targeted temperature management post-cardiac arrest, the use of invasive temperature management devices is associated with certain risks like an injury at the area of placement, infection, and venous thrombosis. Similarly, surface cooling systems that use blankets or pads wrapped around the patient that circulates cold air or fluid include the rare risk of skin burns and irritation, as well as the risk of overshooting the target temperature in the induction phase. Such risk factors, therefore, are expected to impact the growth of the temperature management market. Wearables are evolving at a rapid pace and are expected to be the new trend in the temperature management system market. Heat due to power consumption causes both circuit malfunctions and low-temperature burns to users. Therefore, researchers are proposing thermal management methods using wearable devices with higher performance. A wearable device is a patch that controls the temperature of the patient’s body as per the wearer’s preference. For instance, the company Embr Labs has released a watch or bracelet called Embr Wave that makes the person feel warmer or cooler based on his preference, thereby acting as a personal thermostat. North America was the largest region in the temperature management market in 2022. Western Europe was the second largest region in the temperature management market report. The regions covered in the temperature management analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the temperature management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The temperature management market consists of revenues earned by entities by real-time environmental and temperature monitoring and ensure patient safety. The market value includes the value of related goods sold by the service provider or included within the service offering. The temperature management market also includes sales of warming devices and cooling devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The temperature management market research report is one of a series of new reports from The Business Research Company that provides temperature management market statistics, including temperature management industry global market size, regional shares, competitors with a temperature management market share, detailed temperature management market segments, market trends and opportunities, and any further data you may need to thrive in the temperature management industry. This temperature management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Condensers refer to an apparatus used to condense gaseous substances into a liquid state through cooling to improve stability and to maintain voltages within desired limits under changing load conditions and contingency situations. The main product types of condensers are new and refurbished. Refurbished refers to an item that will be inspected and repaired. The cooling types are air-cooled, evaporative, and water-cooled. The various applications involved are industrial, commercial, and transportation. The global condensers market is segmented - 1) By Product Type: New, Refurbished 2) By Cooling Type: Air-Cooled, Evaporative, Water-Cooled 3) By Application: Industrial, Commercial, Transportation The global condensers market size will grow from $99.7 billion in 2022 to $105.78 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global condensers market size is expected to grow to $141.1 billion in 2027 at a CAGR of 7.5%. The growing demand for renewable energy generation is a major factor contributing to the growth of the condensers market. Synchronous condensers (SCs) generate reactive power and are a helpful way to stabilize the energy provided by renewable resources. The network operators and developers of renewable energy are gradually turning to synchronous condensers to offer incremental short-circuit capacity to reinforce their grid. According to the International Energy Agency (IEA), annual investment in new renewable energy generation efficiency is projected to reach $230 billion by 2020. Global renewable energy production is expected to increase by 45% and makeup almost 26% of global electricity generation by 2020. Therefore, the growing demand for renewable energy generation is expected to drive the growth of the condensers market over the forecast period. Major players in the condensers market are ABB, Siemens AG, General Electric, Eaton Corporation, Voith Group, Fuji Electric, WEG, BRUSH Group, Mitsubishi Electric, and Electro Mechanical Engineering Associates Inc. The integration of AI in the air conditioner is shaping the condensers market. Major companies operating in the air conditioning sector are implementing AI technology to increase their performance. For instance, in April 2020, TCL Technology, a China-based electronics company introduced AI-powered ultra-inverter AC in India. The AI-powered ultra-inverter AC is equipped with an ultra-tropical compressor and has a gold titanium evaporator and condenser that can improve the performance and life of both the evaporator and the condenser. In July 2020, Hitachi, Ltd. a Japan-based conglomerate company engaged in manufacturing and selling home air conditioning systems, air purifiers, refrigerators, chillers, and air conditioners acquired ABB Power Grids for $7.8 billion. Through this acquisition, a new business called Hitachi ABB Power Grids is created and this business is aimed at tackling the renewable and distributed energy frontiers of the power industry. ABB is a Switzerland-based electrical & electronic manufacturing company. The Asia-Pacific was the largest region in the condensers market share in 2022. North America was the second largest region in the global condensers market. The regions covered in the global condensers market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the condensers market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The condensers market consists of sales of air-cooled condensers, water-cooled condensers, such as double tube, shell and coil condensers, shell and tube condensers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The condensers market research report is one of a series of new reports from The Business Research Company that provides condensers market statistics, including condensers industry global market size, regional shares, competitors with a condensers market share, detailed condensers market segments, market trends, and opportunities, and any further data you may need to thrive in the condensers industry. This condensers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Humidifying equipment is a device that is used to maintain the humidity of a room to ensure there is enough moisture. It is used to increase the humidity of the air. The main types of humidifying equipment are warm-mist humidifiers, cool-mist humidifiers, ultrasonic humidifiers, and evaporative humidifiers. The warm-mist humidifier in humidifying equipment market refers to the humidifiers that are designed to create and distribute warm and moist air. These are applicable in commercial, industrial, and residential. The various distribution channels include multi-brand stores, exclusive stores, online, and other distribution channels. The global humidifying equipment market is segmented - 1) By Type: Warm-Mist Humidifier, Cool-Mist Humidifier, Ultrasonic Humidifier, Evaporative Humidifier 2) By Application: Commercial, Industrial, Residential 3) By Distribution Channel: Multi-Brand Stores, Exclusive Stores, Online, Other Distribution Channels The global humidifying equipment market size will grow from $4.54 billion in 2022 to $4.57 billion in 2023 at a compound annual growth rate (CAGR) of 0.7% . The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global humidifying equipment market is expected to grow to $4.9 billion in 2027 at a CAGR of 1.8% . An increase in the prevalence of diseases such as asthma, sinusitis, and other allergies attributed to dry air has created awareness among customers to maintain specific humidity in the air by using humidifying equipment. For instance, according to the world health organization, asthma report 2021, the number of people affected by asthma was 262 million people in 2019 and the deaths are 461000 deaths. Humidifying equipment releases steam or water vapor into the air to increase humidity and help individuals avoid issues faced with dry air. Hence, the increasing prevalence of diseases such as asthma, sinusitis, and other allergies to dry air is projected to generate higher demand for humidifying equipment. Major players in the humidifying equipment market are Armstrong International, BoneCo., Carel Industries, Crane, Condair Group, Honeywell International, Dristeem, Koninklijke Philips N.V, Dyson Ltd., and Winix Inc . The high cost of installation and maintenance of humidifying equipment is a major factor restraining the growth of the global humidifying equipment market. Central humidifier work by increasing the relative humidity consistently and come in several different sizes, types, and installation style that impacts the overall cost. For instance, the average cost of installing a central humidifier is between $600 and $1,000. The minimum cost for installing a basic humidifier is around $487, while the maximum cost is around $1,532 for a steam humidifier. Therefore, the high cost of installation and maintenance of humidifying equipment is predicted to restrain the market growth. Major players operating in the market are focusing on developing new innovative products to attract a large customer base and maintain their position in the competitive business environment. The humidifying equipment manufacturing companies are incorporating advanced technologies to introduce innovative portable smart products. For instance, in July 2019, Xiaomi launched a new portable MIJIA Smart Sterilization Humidifier with UV-C water sterilization and smart humidifiers for offices and homes. It has a smart constant humidity function that monitors indoor humidity in real-time. In July 2021, Medline, a US-based biomedical company acquired Hudson RCI for an undisclosed amount. With this acquisition, Medline will extend its respiratory solutions portfolio and provide a wide range of offerings to patients. The Hudson RCI is a company manufacturing humidifiers based in Sweden. The Asia-Pacific was the largest region in the humidifying equipment market in 2022. North America was the second largest region in the global humidifying equipment market share. The regions covered in the global humidifying equipment market report analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the humidifying equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The humidifying equipment market consists of sales of vents, drainers, regulators, and gas-fired heater. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The humidifying equipment market research report is one of a series of new reports from The Business Research Company that provides humidifying equipment market statistics, including humidifying equipment industry global market size, regional shares, competitors with a humidifying equipment market share, detailed humidifying equipment market segments, market trends and opportunities, and any further data you may need to thrive in the humidifying equipment industry. This humidifying equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Thermal imaging is a technology that gathers information about objects using infrared radiation and thermal energy to formulate images even in low visibility environments. It translates thermal energy emitted from objects into visible light to formulate images of them. It is used to improve the visibility of objects in a dark environment. The main types of products in thermal imaging are thermal cameras, thermal scopes, and thermal modules. Thermal imaging cameras are devices that translate thermal energy into visible light to analyze a particular object or scene. The different technologies include cooled, uncooled, and involves various types of wavelengths such as shortwave infrared, mid-wave infrared, and long-wave infrared. The different applications include thermography, surveillance, personal vision systems, firefighting, smartphones (ruggedized), and others and are used in various areas such as aerospace and defense, law enforcement, healthcare, automotive, oil and gas, residential, manufacturing, and others. The global thermal imaging market is segmented - 1) By Type: Thermal Cameras, Thermal Scopes, Thermal Modules 2) By Technology: Cooled, Uncooled 3) By Wavelength: Shortwave Infrared, Mid Wave Infrared, Long Wave Infrared 4) By Application: Thermography, Surveillance, Personal Vision Systems, Fire Fighting, Smartphones (Ruggedized), Other Applications 5) By Vertical: Aerospace And Defense, Law enforcement, Healthcare, Automotive, Oil And Gas, Residential, Manufacturing, Other Verticals The global thermal imaging market size grew from $6.2 billion in 2022 to $6.89 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the thermal imaging market is expected to grow to $10.23 billion in 2027 at a CAGR of 10.4%. Increasing government expenditure in the aerospace and defense sector is significantly driving the growth of the thermal imaging market. Thermal imaging technology assists in the surveillance and observation of things in the aerospace and defense industries, which require additional surveillance. For instance, the national government has allotted $62.76 billion (Rs 4,71,378 crore) to the Ministry of Defence for the year 2020-21. The Ministry of Defense received the biggest budgetary allocation among any central government ministry. Defense spending accounts for 15.5% of the central government's budget in 2020-21. Major players in the thermal imaging market are Teledyne Technologies Incorporated, Fluke Corporation, Leonardo S.p.A., Axis Communications, BAE Systems, Opgal Optronic Industries Ltd., Testo SE, Thermoteknix Systems Ltd., XenICs, Hangzhou Hikvision Digital Technology Co. Ltd., Seek Thermal Inc., InfraTec GmbH, Cantronic Systems Inc., Raytheon Technologies, and Zhejiang ULIRVISION Technology Co. Ltd. Technological advancement is a key trend gaining popularity in the thermal imaging market. Major companies operating in the thermal imaging sector are focused on developing new technological solutions to strengthen their position. For instance, in May 2020, Honeywell, a US-based conglomerate company launched the ThermoRebellion temperature monitoring solution based on advanced, infrared imaging technology and artificial intelligence algorithms. This AI-driven thermal imager identifies elevated body temperatures, assisting in the safety of people and places, as well as determining whether people are wearing the appropriate personal protection equipment. The Honeywell ThermoRebellion temperature monitoring solution can be instantly put at the entrance to a stadium, airport, factory, distribution center, and other commercial building to discover whether employees have an excessive face temperature. In May 2021, Teledyne Technologies Incorporated, a US-based company that provides technologies for industrial growth acquired FLIR Systems Inc. for $8.2 billion. Through this acquisition, FLIR will be part of Teledyne's Digital Imaging division and will operate under the moniker Teledyne FLIR. Teledyne FLIR will offer an extensive spectrum of unmanned systems and imaging payloads in all sectors, from the deep sea to deep space. FLIR Systems Inc. is a US-based company that designs and manufactures thermal imaging infrared cameras. North America was the largest region in the thermal imaging market in 2022. The regions covered in the thermal imaging market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the thermal imaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The thermal imaging market consists of revenues earned by entities by providing thermal imaging services such as gathering and analysis of thermal radiation, infrared thermal imaging services, detect radiation. The market value includes the value of related goods sold by the service provider or included within the service offering. The thermal imaging market also includes sales of computers, infrared thermal camera, thermometers which are used in providing thermal imaging services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The thermal imaging market research report is one of a series of new reports from The Business Research Company that provides thermal imaging market statistics, including thermal imaging industry global market size, regional shares, competitors with a thermal imaging market share, detailed thermal imaging market segments, market trends and opportunities, and any further data you may need to thrive in the thermal imaging industry. This thermal imaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.