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Globe and Mail
3 days ago
- Business
- Globe and Mail
U.S. Power Rental Market to Reach Revenue USD 8.27 Million by 2030 – Exclusive Research Report by Arizton
"U.S. Power Rental Market Research Report by Arizton" The Industry Analysis Report Provides Industry Trends, Drivers, Opportunities, Competitive Outlook, Market Size, Sales, and Growth Forecast for 2025-2030. According to Arizton's latest research report, U.S. power rental market growing at a CAGR of 7.68% during 2024-2030. Report Scope: Market Size (2030): USD 8.27 Billion Market Size (2024): USD 5.30 Billion CAGR (2024-2030): 7.68% Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Market Segmentation: Fuel, Power Rating, Equipment, End-User, Application, and Region Region Analysis: U.S. (South, West, Midwest, And Northeast) Largest Region: South The U.S. power rental market growth is attributed to the increasing need for uninterrupted power supply in critical sectors such as data centers, healthcare, and construction. Moreover, the rapid growth of data centers, driven by the surge in digital services and cloud computing, is leading to higher power consumption. Data center power demand is expected to double to 35 GW by the end of the decade, creating opportunities for power rental services to support this expansion. Furthermore, the increasing frequency of natural disasters and concerns over grid reliability are prompting industries to seek backup power solutions, further fueling the U.S. power rental market. Powering the Shift: Push for Low-Carbon Emission Generators Environmental regulations in the United States are playing a crucial role in reshaping the power rental industry, which includes generators, portable power systems, and temporary energy solutions for construction sites, events, and emergency use. The U.S. Environmental Protection Agency (EPA) is leading efforts to reduce harmful emissions through strict standards, particularly for nonroad compression-ignition (NRCI) engines. The Tier 4 emission standard—among the most rigorous—requires a significant reduction in pollutants such as nitrogen oxides (NOx) and particulate matter (PM), which are common in diesel-powered equipment. To support industry compliance, the EPA's Transition Program for Equipment Manufacturers (TPEM) offers temporary flexibility, allowing limited use of older engines during the transition period. As a result, manufacturers and rental providers are increasingly investing in Tier 4-certified, low-emission generators from leading brands like Cummins. While the initial investment is higher, these advanced units help companies meet environmental standards, enhance their brand image, and remain competitive. Regulatory pressure is accelerating the shift toward cleaner technologies, driving sustainability and setting new benchmarks for operational excellence in the power rental space. Recent Market News In 2024, Aggreko's PowerMX range launched fuel-efficient, low-emission generators with Stage V engines in a compact container. These units feature smart load-on-demand capabilities, high fuel efficiency, and compatibility with alternative fuels like HVO and B10. With advanced controls, remote monitoring, and scalability, PowerMX offers eco-friendly, reliable energy solutions for ultra-low emission zones. In 2024, United Rentals and Termaco launched the TREE 500kW battery, one of the largest in the rental market, to cut fuel se, emissions, and downtime. It pairs smartly with generators, reducing run time by 91% and fuel consumption by 80%. Proven in tough conditions, it boosts efficiency, sustainability, and safety. This drives customer satisfaction, higher equipment utilization, and new revenue opportunities in clean energy rentals. Powering Progress: Rental Equipment in High Demand from Renewable Projects Renewable energy is rapidly growing in the US, accounting for 81% of new electric capacity added in 2024, driven by rising investments in solar and wind, falling installation costs, and supportive policies like the Inflation Reduction Act of 2022, which offers significant tax incentives. Solar capacity alone is expected to increase by more than 30 GW annually through 2029, helping wind, solar, and hydro power, which currently supply about 20% of US electricity, reach an estimated 25% share by 2030. In this growing landscape, rental power systems are vital, especially for providing temporary, reliable power in remote and vulnerable communities to prevent disruptions. Large renewable projects such as Gemini Solar and SunZia Wind will drive strong demand for rental equipment, making power rental companies key suppliers of mobile generators and distribution systems throughout construction and maintenance phases. Vendor Landscape Prominent Vendors United Rentals Ashtead Group plc Herc Holdings Inc The Home Depot, Inc. Other Prominent Vendors Atlas Copco Cummins Inc. Aggreko Caterpillar GENERAC Sunstate Equipment Co., LLC Red-D-Arc Inc. Taylor Power Systems, Inc Rehlko Market Segmentation & Forecasts Fuel Natural Gas Diesel Others (Propane, Hydrogen, Renewable Sources) Power Rating <75KVA 75-375KVA 375-1,000KVA Equipment Generators Load Banks Transformers Others End-User Construction Retail Oil & Gas Mining Events Utilities IT & Data Center Manufacturing Application Standby Continuous Peak Shaving Region The U.S. South West Midwest Northeast Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the U.S. power rental market. Request for Free Sample to get a glance of the report now: : What Key Findings Will Our Research Analysis Reveal? Which are the key vendors in the U.S. power rental market? How big is the U.S. power rental market? What are some significant growth opportunities in the US power rental market? What is the growth rate of the U.S. power rental market? Which fuel type is projected to dominate the U.S. power rental market? Other Related Reports that Might be of Your Business UK Power Rental Market - Strategic Assessment & Forecast 2025-2030 North America Power Rental Market - Strategic Assessment & Forecast 2023-2029 Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Globe and Mail
7 days ago
- Business
- Globe and Mail
Global Interactive Whiteboard Market Analysis Highlighting Key Players and Future Growth Opportunities
"Global Interactive Whiteboard Market Research Report by Arizton" Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2021–2030. According to Focus Report Store, the global interactive whiteboard market is growing at a CAGR of 7.25% during 2021-2030. Report Scope Market Size (2030): USD 6.98 Billion Market Size (2024): USD 4.58 Billion CAGR (2021-2030): 7.25% Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Largest Region (2024): North America Fastest-Growing Region: Asia Pacific Market Segmentation Technology, Form, Projection Technique, Size, End-Users, And Geography Geographic Analysis: North America, Europe, APAC, Latin America, And The Middle East & Africa Market Overview The global interactive whiteboard market is experiencing rapid growth, driven by increasing adoption across corporate, educational, and healthcare sectors. This surge is propelled by rising demand for interactive learning environments, enhanced collaboration, and supportive government initiatives aimed at digital transformation. Technological advancements, such as AI-driven interactivity, cloud integration, and compatibility with digital platforms, are reshaping the landscape of interactive whiteboards, making them more intuitive and impactful. The growing trend toward portability and touch-enabled technology is further enhancing user experience, while rising consumer awareness of the benefits, such as real-time content sharing, multimedia integration, and collaborative engagement, is accelerating adoption. In the education sector, educators are investing in modern tools to deliver immersive lessons, while in corporate environments, interactive whiteboards are increasingly used for meetings, team collaboration, and presentations, significantly improving communication and productivity, especially in hybrid and remote work setups. As a result, the market is poised for sustained expansion, underpinned by innovation and a shift toward more dynamic and connected learning and working spaces. The Future of Engagement: Interactive Whiteboards Meet Digital Platforms As digital transformation accelerates across industries, the global interactive whiteboard market is experiencing a significant shift, marked by the rising integration with digital platforms. This trend is reshaping how we teach, learn, and collaborate, fueled by a demand for streamlined workflows, enhanced hybrid learning, richer resource access, and deeper user engagement. One of the key drivers behind this evolution is internet-enabled interactivity. With robust online connectivity, interactive whiteboards now provide seamless access to a wide array of educational content including lessons, multimedia programs, online games, and videos, empowering educators to deliver more engaging and effective instruction. Furthermore, the incorporation of digital platforms such as video conferencing tools, cloud based services, and learning management systems (LMS) has unlocked powerful collaborative capabilities. In corporate and academic environments alike, teams and students can now collaborate in real-time, across locations, using features like screen-sharing and live video conferencing. Educators and presenters can access and share materials from a single platform without switching devices, making lessons more efficient, easy to revise, and instantly accessible for absent learners. By merging with digital content, interactive whiteboards make learning more engaging through exercises, games, and multimedia, bringing education and collaboration into a more dynamic and connected era. Recent Vendor Activities In 2025, the multinational conglomerate of consumer and home electronics products, LG Corp., has launched its new CreateBoard Pro, which is Google-compatible based Interactive Digital Board. It has been built with an AI system. The CreateBoard Pro is designed to enhance productivity and save time by streamlining tasks. It offers key features in prediction, recognition, and translation, This is ideal for various educational settings. In 2024, Samsung launched WAD, a new Interactive Display, which has been certified with Google Enterprise Devices Licensing Agreement (EDLA). The product is powered by the Android 13 operating system. The WAD series is available in 65, 75, and 86-inch models. Transforming Education: Interactive Whiteboards Lead the Shift to Engaged Learning The growing demand for interactive learning is a significant driving force behind the rapid expansion of the global interactive whiteboard market. Interactive whiteboards are transforming education by fostering improved collaboration, supporting diverse learning styles, and enhancing student engagement and participation. These advanced tools have a profound positive impact on learning outcomes by enabling dynamic, hands-on lessons that go beyond traditional whiteboards. With the increasing adoption of hybrid and remote learning models, interactive whiteboards equipped with collaborative features and cloud connectivity bridge the gap between in-person and remote learners, allowing real-time content sharing and interaction across multiple locations. Their intuitive features including annotation capabilities, multimedia integration, and multi-touch functionality encourage active involvement from students and educators alike. By facilitating brainstorming sessions and group projects with ease, interactive whiteboards are driving the shift toward more participatory and immersive learning environments, fueling market growth worldwide. North America Leads Global Interactive Whiteboard Market with Over 34% Share North America accounted for over 34% of the global market share, making it the largest region North America holds a leading position in the global interactive whiteboard market, accounting for over 34% of the total market share in 2024. This leadership is supported by the region's advanced technological infrastructure and widespread adoption of interactive whiteboards across both educational institutions and corporate organizations. Schools in North America are increasingly embracing student-centered and interactive teaching methods, with a strong focus on STEM education, which drives demand for innovative tools like interactive whiteboards. Meanwhile, businesses are recognizing the benefits of these devices for enhancing collaboration, brainstorming, and presentations in training sessions and meetings. The United States and Canada are the primary contributors to this growth, with the U.S. generating the highest revenue due to its large economy and strong market presence. Together, these factors make North America the most significant market in the global interactive whiteboard industry. Market Segmentation & Forecast Technology Resistive Capacitive Electromagnetic Pen Infrared Others Form Fixed Portable Projection Technique Front Projection Rear Projection Size 70 Inch to 90 Inch Up to 69 Above 90 Inch End-User Education Corporate Other Geography North America US Canada Europe Germany UK France Italy Spain APAC China Japan India South Korea Latin America Brazil Mexico Middle East & Africa Turkey Saudi Arabia South Africa Key Vendors Hitachi, Ltd. Hon Hai Precision Industry Co., Ltd. LG Corp Panasonic Promethean Limited. Samsung Electronics Other Prominent Vendors Boxlight Cisco Systems Inc. DTEN, Inc. Hitevision Tech Returnstar Interactive Technology Group Co., Ltd. Ricoh Seiko Epson Corporation ViewSonic Corporation Acer Inc. Qisda Corporation Globus Infocom GENEE GROUP i3-Technologies InFocus MAXHUB StarBoard Solution Supreme Global Trading Pvt. Ltd. Techno Horizon Co., Ltd. TRIUMPH BOARD a.s. Vibe, Inc. Xiamen Interactive Technology Co., Ltd. Key Questions Answered in the Report: How big is the global interactive whiteboard market? What is the growth rate of the global interactive whiteboard market? Which end-user segment provides more business opportunities in the global interactive whiteboard market? Who are the major players in the global interactive whiteboard market? Which technology segment has the largest share in the global interactive whiteboard market? Check Out Some of the Top Selling Research Reports: U.S. Pet Medication Market - Focused Insights 2024-2029 Global Disposable Contact Lenses Market - Focused Insights 2024-2029 https2:// Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Globe and Mail
22-05-2025
- Business
- Globe and Mail
Personal Luxury Goods Market Revenue to Worth USD 526 billion by 2029 2030- Exclusive Research Report by Arizton
"Personal Luxury Goods Market Research Report by Arizton" According to Arizton's latest research report, the global personal luxury goods market is growing at a CAGR of 4.24% during 2021-2030. Looking for More Information? Click: Report Scope: Market Size (2030): USD 526 Billion Market Size (2024): USD 410 Billion CAGR (2024-2030): 4.24% Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Market Segmentation: Product Type, Price Range, Sales Channel, Offline, Online, End-Users, and Geography Geographic Analysis: North America, Europe, APAC, Latin America, And Middle East & Africa Market Overview The personal luxury goods market is witnessing significant growth and transformation driven by advanced technology and the rising demand for sustainable materials across end-users. Leading brands are actively exploring innovative and eco-friendly alternatives to reduce carbon footprints and contribute to a greener future. For example, LVMH aims to significantly cut its carbon emissions by 2026 through extensive R&D in sustainable raw and recycled materials. Moreover, the growing beauty and cosmetic industry in countries such as China, India, Indonesia, and Malaysia is boosting the personal luxury goods market. In 2024, the beauty & perfume segment in the APAC region is projected to grow at a CAGR of 8.87%. Consumers are increasingly seeking personalized and customized luxury products that reflect their identities, like Louis Vuitton's hot-stamped or hand-painted handbags. With the rising adoption of personal luxury goods, key players are transforming their offerings through R&D. In 2024, Lavie Luxe introduced a new perfume line featuring LUSH, LILY, LAGOON, and LOVE, each with 18% fragrance concentration. Additionally, brands are expanding in emerging markets. Hermes, for instance, opened new flagship stores in key Chinese cities like Shanghai and Beijing, further supporting global market growth. Sustainable Luxury on the Rise: Brands Respond to Growing Consumer Demand Sustainability is becoming an increasingly important factor in the personal luxury goods market, The personal luxury goods market is undergoing a powerful shift, as sustainability becomes a central focus for both brands and consumers. With growing awareness around the environmental and ethical impacts of their purchases, today's consumers are seeking luxury products that reflect their values, driving unprecedented demand for sustainable materials and responsible practices. Leading the way are luxury brands that are reimagining their product lines through the lens of sustainability and circular design. Consumers are showing increased interest in luxury goods made from eco-conscious materials like organic cotton, recycled polyester, bamboo, and even regenerated fabrics. Gucci, for example, was a pioneer in adopting ECONYL®, a 100% recycled nylon crafted from fishing nets, textile scraps, and carpet fibers within its ready-to-wear collections. Beyond materials, ethical sourcing and positive social impact are becoming equally important to luxury consumers. In 2023, Prada's Re-Nylon initiative set a benchmark in ethical fashion by converting ocean plastic waste into regenerated nylon, while also pledging 1% of its Re-Nylon revenue to the SEA BEYOND project—an ocean conservation and education initiative. As brands continue to align with circular economy principles and transparency, the personal luxury goods market is expected to experience sustained growth, reshaping the future of fashion through sustainability and innovation. Recent developments In 2025, Hermes launched the Rouge Hermes Silky Lipstick Shine, a luxurious lipstick inspired by the brand's iconic silk scarves. Priced at 63 euro, the lipstick features a refillable design, magnetic closure, and a glossy, hydrating finish. It has quickly become a coveted beauty item, embodying Hermes commitment to craftsmanship and elegance. In 2024, Dolce & Gabbana ventured into pet luxury by introducing Fefe which is a perfume designed specifically for dogs. It is a alcohol-free fragrance certified under the Italian Bureau Veritas Safe Pet Cosmetics specifications. Transforming Luxury Retail: The Surge of Online Shopping Experiences The luxury e-commerce space is experiencing remarkable growth, driven by the global expansion of digital connectivity. As per the U.S. Census Bureau, retail e-commerce sales in Q3 2024 reached an estimated $300.1 billion, up 2.6% from the previous quarter, showcasing steady momentum in online the widespread use of smartphones and faster internet, consumers now enjoy easier access to luxury goods through digital platforms. To keep up with shifting consumer behaviors, luxury brands are prioritizing online presence and customer engagement. A notable example is Gucci, which revamped its e-commerce site in 2024 for the first time in over a decade, signaling a renewed focus on digital innovation. Similarly, Dior emerged as the most sought-after luxury brand online in 2023, thanks to its strategic investments in e-commerce, social media, and digital marketing, particularly boosting visibility and sales in key markets like the U.S. and China. Adding to this digital transformation, luxury retailers are integrating cutting-edge technologies such as augmented reality (AR) and virtual reality (VR) to elevate the customer experience. Timeless Luxury: Watches & Jewellery Power Expansion Across Global Markets The watches and jewellery segment remains the leading force in the global personal luxury goods market, supported by a strong tradition of craftsmanship and growing consumer interest in luxury timepieces and fine jewellery. The Asia-Pacific (APAC) region is the fastest-growing market, driven by an expanding male customer base and the increasing presence of brand-owned boutiques. In 2024, APAC is expected to hold a significant 38.66% share of the watches and jewellery market revenue. Cultural factors also contribute to growth, especially in countries like India, where gold plays an important role in weddings, festivals, and religious customs. Industry players are investing to meet rising demand. For example, in 2023, Swarovski Created Diamonds launched its Galaxy collection in the US and Canada, inspired by cosmic themes and designed by Global Creative Director Giovanna Engelbert. These developments are driving growth in the watches and jewellery segment and strengthening its position within the personal luxury goods market. Key Company Profiles LVMH Kering Richemont Hermes Rolex The Estee Lauder Companies Inc. Prada Group The Swatch Group Ltd Signet Jewelers Pandora Other Prominent Company Profiles Cartier Harry Winston CAPRI HOLDINGS Armani Group L'Oréal Group Charlotte Tilbury Chow Tai Fook Jewellery Company Limited Swarovski Burberry Valentino Ralph Lauren Corporation Calvin Klein SK-II Lancome David Yurman Grown Brilliance ALEX AND ANI Alexis Bittar BaubleBar Ben-Amun Brilliant Earth Catbird Chanel Chan Luu Dorsey Fantasia by DeSerio Gorjana Graff Ippolita John Hardy Segmentation & Forecasts Product Type Watches & Jewelry Beauty & Fragrances Handbags & Accessories Apparels Footwear Eyewear Price Range Accessible Luxury Premium Super Luxury Sales Channel Offline Online Offline Mono-brand Retail Stores Outlets Travel Retail Online Indirect Sales Direct Sales End-users Women Men Children Geography APAC China Japan South Korea India Australia Indonesia North America The U.S. Canada Europe Germany The U.K. France Italy Spain Sweden Latin America Brazil Mexico Argentina Chile Middle East & Africa UAE Saudi Arabia South Africa Turkey In a nutshell, the Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the personal luxury goods market. Request for Free Sample to get a glance of the report now: U.S. Luxury Resale Market Research Report 2025-2030 Europe Luxury Fashion Market - Focused Insights 2025-2030 What Key Findings Will Our Research Analysis Reveal? How big is the global personal luxury goods market? What is the growth rate of the global personal luxury goods market? What are the significant trends in the personal luxury goods industry? Which region dominates the global personal luxury goods market share? Who are the key players in the global personal luxury goods market? How big is the global personal luxury goods market? What is the growth rate of the global personal luxury goods market? Which region dominates the global personal luxury goods market share? What are the significant trends in the personal luxury goods industry? Who are the key players in the global personal luxury goods market? Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Globe and Mail
20-05-2025
- Business
- Globe and Mail
Global Commercial Dehumidifier Market Analysis Highlighting Key Players and Future Growth Opportunities
"Global Commercial Dehumidifier Market Focus Report by Arizton" According to focus report store, the global commercial dehumidifier market is growing at a CAGR of 5.71% during 2024-2030. Report Scope: Market Size (2030): USD 3.28 Billion Market Size (2024): USD 2.35 Billion CAGR (2024-2030): 5.71% Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Largest Region (2024): Asia Pacific Segments By: Product Type, Operation, Capacity, End-User, And Geography Geographic Analysis: North America, Europe, APAC, Latin America, And the Middle East & Africa Market Overview The commercial dehumidifier market is witnessing consistent growth as these systems become increasingly essential in modern climate control solutions. Driven by the need to maintain optimal humidity levels, organizations across sectors, such as corporate offices, retail, healthcare, warehousing, hospitality, education, and data centres, are investing in reliable humidity control to safeguard equipment, preserve goods, and ensure occupant health and comfort. Some of the change-driven trends that are revolutionizing the commercial dehumidifier market include IoT and smart technology integration, which provide real-time monitoring, remote access, and predictive maintenance, cutting downtime and energy consumption. Businesses are incorporating smart sensors and AI-powered control systems in dehumidifiers so that the machines can optimize performance by themselves based on real-time ambient data. Commercial Dehumidifier Market Trends Rising Focus on Energy-Efficient Models The transition towards energy-efficient models is one of the most important developments that is defining the global commercial dehumidifiers market. This shift is driven by evolving customer preferences, stricter government regulations, and rapid technological advancements that encourage the development of dehumidifiers delivering superior performance with lower energy consumption. Given that commercial dehumidifiers often run continuously, reducing energy usage and operating costs has become a top priority for businesses. Innovative solutions like Munters' GREENDRY Series of desiccant dehumidifiers enable organizations to cut electricity expenses while enhancing productivity. Furthermore, the introduction of minimum energy performance standards (MEPS) and eco-labeling programs in regions such as the U.S. and the EU are prompting manufacturers to meet higher efficiency benchmarks, reinforcing the market's focus on sustainability and cost-effectiveness. Expansion of Commercial Infrastructures The expansion of commercial infrastructures, encompassing the construction of new buildings and the renovation of existing facilities across sectors such as retail, healthcare, hospitality, education, and data centers, is a key driver for the commercial dehumidifier market. Significant investments, like the approximately $4 billion managed by the National Telecommunications and Information Administration (NTIA) to deploy broadband infrastructure and enhance public computer centers throughout the US, further support this growth. Rapid urbanization, especially in regions such as Asia-Pacific, the Middle East, and select areas of Africa and Latin America, is fueling large-scale commercial development. This surge has led to the rise of new office buildings, shopping malls, hotels, and mixed-use complexes, often situated in urban centers with elevated ambient humidity levels. Industries including hospitality (hotels, resorts), healthcare (hospitals, clinics), and education (universities, schools) are actively investing in new infrastructure and upgrading existing buildings to meet evolving population demands. These environments prioritize comfort and hygiene by effectively managing humidity, making commercial dehumidifiers an increasingly standard feature in both new constructions and refurbishment projects Recent Vendor Activities November 1, 2023, Quest Climate, known for its leadership in innovation and energy efficiency, proudly unveiled its latest advancement and second product launch of the year, the next-generation Quest 225 208/230V dehumidifier. This launch reflects Quest's strategic focus on redefining industry standards through cutting-edge technology and sustainable performance. With its patented M-CoRR design, Quest has innovated beyond traditional dehumidifier technology to deliver unmatched energy efficiency. Asia-Pacific Leads Global Commercial Dehumidifier Market The APAC region accounted for the largest global commercial dehumidifier market share of over 46% and showed the highest growth during the forecast period. The APAC region, with its high-humidity tropical regions such as Southeast Asia, monsoon countries such as India and Bangladesh, has a varied but moisture-stressed climate profile. This creates perpetually high demand for humidity control solutions, particularly in commercial environments where unchecked moisture can spoil goods, electronics, health, or infrastructure. India, China, and Vietnam are heavily investing in commercial properties, airports, shopping malls, metro lines, and hospitals, all of which require strong systems for humidity control. In highly occupied buildings, not only is humidity control important to the longevity of equipment and structure preservation, but also important to meet current building codes that are IAQ-oriented. APAC's tropical zones, such as Thailand, Vietnam, the Philippines, and the Maldives, receive huge tourist traffic throughout the year, and high humidity in these areas poses problems for in-building comfort and health. Hotels and resorts are retrofitting dehumidifiers in guest rooms, spa areas, indoor pools, and conference centers to prevent mold, condensation, and mildew smells, Thus, the region's commercial dehumidifier market is thriving due to all the work in the region. Key Vendors Bry-Air Condair Group Dantherm Group Legend Brands Munters Therma-Stor Other Prominent Vendors Abestorm Airecoler Airwatergreen AprilAire AquaAuraIndia Costway DEHUM Dehumidifier Corporation of America Desiccant Technologies Group DriSteem Ebac Industrial Products EdenDirect Fisen Corporation FRAL MET MANN Moiswell Origin Corporate Services ORION Machinery Seibu Giken DST Rehoboth Enviro Systems Waykar Woosh XPOWER Yakeclimate Market Segmentation Product Refrigerant Dehumidifiers Desiccant Dehumidifiers Operation Portable Fixed Capacity Low & Medium-Duty Dehumidifier Heavy-Duty Dehumidifier End-User Corporate Offices Logistics & Warehousing Hospitality Healthcare Retail Spaces Educational Institutes Others Geography APAC China Japan India South Korea Europe Germany UK France Italy North America US Canada Latin America Brazil Mexico Middle East & Africa Turkey Saudi Arabia UAE In a nutshell, the Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the global commercial dehumidifier market. Request for Free Sample to get a glance of the report now: U.S. Dermocosmetics Market - Focused Insights 2023-2028 U.S. Craft Beer Market - Focused Insights 2023-2028 What Key Findings Will Our Research Analysis Reveal? What is the growth rate of the global commercial dehumidifier market? Which region dominates the global commercial dehumidifier market? What are the key drivers of the global commercial dehumidifier market? How big is the global commercial dehumidifier market? Who are the major players in the global commercial dehumidifier market? Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Globe and Mail
25-04-2025
- Business
- Globe and Mail
Logitech, SteelSeries & HyperX Dominate Niches in the Core Gaming Gear Market – But What About the Bigger Game?
"Core Gaming Gear Market Research Report by Arizton" According to Arizton's latest research report, core gaming gear market is growing at a CAGR of 3.18% during 2024-2030. Report Scope: Market Size (2030): $5.72 Billion Market Size (2024): $4.74 Billion CAGR (2024-2030): 3.18% Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Market Segmentation: Product Type, Technology, Distribution Channel, Gender, and Geography Geographical Analysis: APAC, North America, Europe, Latin America, and Middle East & Africa The global core gaming gear market is experiencing rapid growth, driven by the rise of eSports, streaming culture, and the increasing professionalism of gaming. High-performance peripherals such as gaming mice, keyboards, and headsets are in demand for their precision, responsiveness, and durability. Influencers on platforms like Twitch and YouTube Gaming inspire audiences to invest in the same gear, pushing market growth. Technological advancements including sensor innovation, haptic feedback, wireless tech, and AI-driven features are elevating user experiences. Gen Z and Millennials favor wireless, multi-device gear with customizable aesthetics and sustainable materials. A key emerging trend is the integration of AI and machine learning, allowing devices to auto-adjust settings based on games or player behavior, setting a new benchmark in intelligent gaming peripherals. The core gaming gear market is intensely competitive, with brands like Logitech, SteelSeries, and HyperX dominating select niches but unable to control broader trends. This fragmentation fuels innovation but limits pricing power. A growing challenge is the proliferation of counterfeit products, especially through unregulated online channels. Consumer preferences are shifting toward premium, high-performance gear offering responsive controls, immersive audio, and ergonomic comfort. Smart peripherals are on the rise, with companies like Razer introducing AI-enabled headsets that adjust settings dynamically, translate voice chats, and enhance gameplay—highlighting the growing demand for intelligent, adaptive gaming experiences. New Product Development in the Gaming Accessories Market October 31, 2024 – CORSAIR has introduced the K70 PRO TKL keyboard, which integrates the advanced MGX magnetic switch technology into a competitive tenkeyless form factor. Equipped with cutting-edge features such as FlashTap and Rapid Trigger, the K70 PRO TKL is engineered to meet the rigorous demands of competitive gaming. March 11, 2025 – CORSAIR announced the launch of CORSAIR Custom Lab in Europe. This new initiative enables European gamers to create personalized gaming peripherals that reflect their tastes and styles. Gaming Headsets Evolve as Essential Tools for Immersive Play and Competitive Edge Gaming headsets have become a cornerstone of the gaming peripherals ecosystem, propelled by the demand for immersive audio, real-time communication in multiplayer games, and professional-grade sound for eSports and streaming. High-performance headsets equipped with noise-cancelling microphones, low-latency connections, and voice-enhancing audio are now essential for competitive gaming environments. For instance, the SteelSeries Arctis Nova Pro is a top choice among professionals, renowned for its precise sound imaging and AI-driven noise cancelation. With modern gamers frequently switching between platforms like PC, PlayStation, Xbox, Nintendo Switch, and mobile devices, the market has seen a surge in universal, multi-device compatible headsets. This trend has spurred innovations in plug-and-play functionality and advanced wireless connectivity. Aesthetic features like RGB lighting, swappable ear cups, detachable microphones, and customizable ear tags have become highly desirable—particularly among streamers who value both performance and visual appeal on camera. Technological and ergonomic advancements are transforming gaming headsets into sophisticated, user-centric devices. Cutting-edge models now offer virtual 7.1 surround sound, AI-powered noise suppression, ultra-low latency wireless performance, and customizable EQ settings. These features are enhancing the audio experience and solidifying headsets as a critical component in competitive and recreational gaming alike. APAC Emerges as a Hotspot for Core Gaming Equipment Growth The Asia-Pacific (APAC) region is rapidly becoming one of the most dynamic markets for core gaming equipment, driven by expanding digital infrastructure, a booming esports ecosystem, and a young, tech-savvy population. Key markets including China, India, South Korea, Japan, Vietnam, and Indonesia are fueling growth across various gaming peripheral segments, each reflecting distinct user behaviors and preferences. Esports events like the League of Legends World Championships and the Honor of Kings Pro League, particularly in South Korea and China, are influencing consumer trends and pushing demand for professional-grade peripherals. While PC gaming dominates in South Korea and Japan, mobile gaming is on the rise in India, Vietnam, and Indonesia, creating strong demand for cross-platform gear such as Bluetooth headsets, mobile-compatible mice, and compact mechanical keyboards. A digitally native youth population across APAC, especially in emerging economies, is heavily influenced by streamers and social media. This trend is accelerating the adoption of trendy, influence-endorsed gaming gear, making the region a vital driver of innovation and demand in the global gaming peripherals market. Key Vendors Alienware Corsair HyperX Logitech Razer SteelSeries Acer ASUSTeK Computer AULA BenQ Cooler Master Technology EVGA Corporation International Enterprise GAMDIAS Mad Catz Metadot Micro-Star International Redragon SADES Samsung Sennheiser Sony Thrustmaster Turtle Beach Zebronics Segmentation & Forecasts Product Type Headsets Keyboards Mice Technology Wired Wireless Distribution Channel Offline Online Gender Male Female Geography APAC China Japan South Korea India North America US Canada Europe Germany UK France Italy Latin America Brazil Mexico Middle East & Africa Turkey Saudi Arabia UAE The Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the core gaming gear market. Request for Free Sample to get a glance of the report now: What Key Findings Will Our Research Analysis Reveal? How big is the global core gaming gear market? What is the growth rate of the global core gaming gear market? What are the factors driving global core gaming accessories market growth? Who are the major players in the global core gaming gear market? Other Related Reports that Might be of Your Business Requirement Tabletop Games Market - Global Outlook & Forecast 2025-2030 Esports Market - Global Outlook & Forecast 2024-2029 Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. 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