Vornado Air

Global Heating Equipment Market Report 2024-2033: Vaillant Group Surges with 75% Growth, Mitsubishi Electric Introduces Eco-Friendly Solution, Rheem Revolutionizes Water Heaters for Sustainable Heating

Retrieved on: 
Monday, March 18, 2024
Electricity, Climate change, Urbanization, Growth, VRF, Heat, Lead, Policy, Carbon, Electronics, Atmosphere, Hitachi, LG Electronics, Vornado Air, FUJITSU, Lennox International, Renewable energy

The global heating equipment market has experienced remarkable growth, with Asia-Pacific taking the lead in adopting and advancing the heating equipment technology.

Key Points: 
  • The global heating equipment market has experienced remarkable growth, with Asia-Pacific taking the lead in adopting and advancing the heating equipment technology.
  • The global shift toward sustainability is a key driver in the global heating equipment market, driving both innovation and investment in heating equipment solutions.
  • Increasing emphasis on energy efficiency and environmental sustainability has led to the implementation of regulations and incentives favoring the adoption of high-efficiency heating equipment.
  • Investment in sustainable and energy-efficient heating products is creating substantial market opportunities within the heating equipment industry.

Space Heaters Market in North America to grow by USD 383.59 million from 2022 to 2027 | The growing expenditure on essential items to boost market growth - Technavio

Retrieved on: 
Tuesday, August 29, 2023
Daikin, Honeywell, Electronics, ASB, Element, USD, Ceramic, Vornado Air, Risk, Newell Brands, KECO Industries, Inc. v. United States, Challenge, Heat, Growth, Heating, ventilation, and air conditioning, Renewable energy, COVID-19, Bathroom, Bedroom

NEW YORK, Aug. 28, 2023 /PRNewswire/ -- The space heaters market in North America is estimated to grow at a CAGR of 4.18% between 2022 and 2027.

Key Points: 
  • NEW YORK, Aug. 28, 2023 /PRNewswire/ -- The space heaters market in North America is estimated to grow at a CAGR of 4.18% between 2022 and 2027.
  • Backer Hotwatt Inc - The company offers different resistance heating elements and space heaters such as strip and finned heaters.
  • Technavio has segmented the market based on products (fan heaters, convection heaters, radiant heaters, and Ceramic heaters), and applications (Living room, Basement, Offices, Bedrooms, and Bathrooms).
  • Significant Challenge - The relatively high operational cost of space heaters is a significant challenge restricting market growth.

Nextech AR Receives Enterprise 3D Modeling Expansion Contract and Lands New S&P 500 Customer

Retrieved on: 
Tuesday, January 17, 2023
Metaverse, Stock, News, Vornado Air, CSE, FSE, Skate, Crate & Barrel, Gold, Tennis, ROI, Collection, Athletica, 3D, Head, Crate, Wesfarmers, AR, Nex Entertainment, Growth, Humidifier, Arit Okpo, E-commerce, Golf, AllSaints, Pinball, City Ground (Cambridge), Abercrombie & Fitch, Procter & Gamble, Traction, NTAR, Video game, 3D printing, Sports equipment, Interior design, Bunnings Warehouse, Sport

TORONTO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- via InvestorWire --  Nextech AR Solutions Corp.  ("Nextech" or the "Company") (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality ("AR") experience technologies, wayfinding technologies and 3D model services is pleased to announce the expansion contract with thousands of 3D model products for Majid Al Futtaim, a branding partner for world-class fashion and retail brands with more than 100 stores across the MENA region, including some of the world's most desirable brands, such as Crate & Barrel, Abercrombie & Fitch, Hollister, AllSaints, and lululemon Athletica. The Company is also pleased to announce that it now supplies 3D models for Procter & Gamble, an S&P 500 company, as well as Bunnings (owned by Wesfarmers), which has 381 locations, the largest retailer of home improvement supplies in Australia and New Zealand.

Key Points: 
  • These latest 3D modeling contracts are further evidence of the global demand for 3D models due to the high ROI.
  • Nextech anticipates the 3D model mega-trend gaining even more traction in 2023 , as the mass adoption of 3D models continues.
  • Nextech is currently in discussions with other major retailers and is anticipating a record number of new deals for 3D models in 2023.
  • has signed on for a number of unique and complex 3D models to promote their games.

Space heaters market Size to Grow by USD 1.87 billion within an Expected YOY of 3.4% in 2022 - Technavio

Retrieved on: 
Wednesday, October 5, 2022
Adoption, PPP, Honeywell, Growth, Daikin, CAGR, Income, Midea Group, Dyson (company), GDP, Newell Brands, Vornado Air, AC, USD, Retail

NEW YORK, Oct. 5, 2022 /PRNewswire/ -- The space heaters market size is expected to grow by USD 1.87 billion, accelerating at a CAGR of 4.5% between 2021 and 2026.

Key Points: 
  • NEW YORK, Oct. 5, 2022 /PRNewswire/ -- The space heaters market size is expected to grow by USD 1.87 billion, accelerating at a CAGR of 4.5% between 2021 and 2026.
  • The report provides a comprehensive analysis of the market size, vendor landscape, new product launches, key strategies adopted by vendors, and much more.
  • The increase in per capita income will drive the market for space heaters in growing nations.
  • Thus, the high operational costs associated with space heaters are expected to decrease the adoption of these products, thereby hampering the growth of the global space heaters market.

Vornado Agrees to Pay $7.5 Million Civil Penalty for Failure to Immediately Report Space Heaters Posing a Fire Hazard

Retrieved on: 
Thursday, July 7, 2022
Death, Vornado Air, Trust, CPSA, U.S. Consumer Product Safety Commission, Consumer Product Safety Act, Commissioner, Risk, Burn, CPSC, Commission, Vornado

WASHINGTON, July 7, 2022 /PRNewswire/ -- The U.S. Consumer Product Safety Commission (CPSC) announced that Vornado Air LLC, of Andover, Kansas, has agreed to pay a $7.5 million civil penalty .

Key Points: 
  • WASHINGTON, July 7, 2022 /PRNewswire/ -- The U.S. Consumer Product Safety Commission (CPSC) announced that Vornado Air LLC, of Andover, Kansas, has agreed to pay a $7.5 million civil penalty .
  • CPSC charged that Vornado had information that the heater could overheat and catch fire, posing a risk of burn injury or death.
  • Vornado investigated multiple consumer reports of fire, but the firm did not immediately notify CPSC of the defect or risk as required by law.
  • In 2008, the Vornado Trust paid a $500,000 civil penalty to CPSC on behalf of Vornado's predecessor, Vornado Air Circulation Systems Inc., after it failed to immediately report overheating and fire incidents involving space heaters between 1993 and 2004.

Global Humidifiers Markets Report 2021-2029 - Cool-Mist Humidifiers Dominate the Market - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 10, 2021
Retail, Home Goods, Health, Medical Devices, Humidifier, Printing, Breathability, Dyson, Patient, Skin, Allergy, Hospital, Maintenance, Bacteria, Color, Asthma, Sale, Procter & Gamble, COVID-19, Static electricity, Research, Carrier, Awareness, Method, Vornado Air, Sinusitis, Health, Marketing, Honeywell, Philips, Heating, ventilation, and air conditioning

The "Humidifiers Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Humidifiers Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029" report has been added to ResearchAndMarkets.com's offering.
  • The global market is being driven by growing awareness of the adverse effects of dry air and poor indoor air quality.
  • The market for humidifier devices is predicted to rise as customers become more aware of diseases such as asthma, sinusitis, and certain allergies.
  • The applications of humidifiers also vary in industrial, healthcare, and home markets.