Smart Rings Statistics: After the outbreak of the COVID-19 pandemic, global people become more conscious about their health and fitness this is the reason why people are showing more interest in smart health and fitness devices. Over smart rings, sectors are growing with billions of users around the world. Due to the rapid technological developments, the market is also evolving enormously around the world in recent days and will enhance more in the coming future.

Several brands manufacture new smart rings every year, and if you are thinking of buying one, this article on smart ring Statistics includes insights from various aspects that shed light on the global importance of this smart device.

Editor’s Choice

• A report published by Customer Market Insights states that the expected global growth of the Smart Rings Market is going to reach a CAGR of 21% from 2023 to 2032.
• By 2023, the market size valuation has accounted for USD 5.93 million, which has increased from 2022 ($4.1 million).
• The online segment is the largest market segment with a market share above 63.48%.
• The global market size of Smart Rings is expected to reach above USD 22.49 million by the end of 2032.
• Counterpoint published a report stating that by 2024, the sales volume of smart rings in India will reach $25 million (Rs 207 crore).
• The major players in this industry are Akcom, Kerv Wearables, NFC Ring, Ringly, Logbar, Mota, and others.
• The North American region captured the largest market share of the Smart Ring market, with a 34% share in 2023.
• As of 2028, the market size of the global smart ring is expected to gain USD 1096.54 million at a CAGR of 29.39% from 2022 to 2028.
• The market is expected to reach USD 747.41 million with a CAGR of 25.8% from 2023 to 2030.

(Reference: custommarketinsights.com)

What is Smart Rings?

This is a wearable electronic device those are available in the usual size of traditional rings that can be easily connected via Smartphone so that users can manage a few applications such as receiving calls and replying to short messages, and many other activities. This smart device also includes a gesture control function when it’s connected via an electronic device.

Facts About Smart Rings

• Smart rings are used for tracking activity, notification alerts, health and wellness, payment and authentication, communication, timekeeping, navigation, smart home control, fashion and personalization, and emergency alerts.
• The leading manufacturers of the Smart Rings industry are Boat, Noise Oura, e-Senses, McLear Ltd, Bellabeat, Motiv, Circular Ring, Sleepon, Kerv Wearables, etc.
• Technologies used in the smart ring market are Bluetooth and NFC.

(Source: technavio.com)

• As of the above graph analysis, the largest market share of the Smart Ring market is accounted by North America with a share of 34% in the year 2023.
• The smart rings are segmented into 3 operating systems Microsoft Windows, Android, and iOS.
• According to the reports of transparency market research, Android OS in the smart rings industry is going to lead by the end of 2023 as monthly Android users are going to be 2 billion and iOS users around 1 billion.

General Smart Rings Statistics

• As of 2023, the total revenue earned by Boat is $500 million.
• Research and Market report analysis states that the market size of Smart Rings in the United States accounted for almost $1.6 million.
• Whereas, in 2022 the market value of Smart Rings Main Unit in the Asia Pacific region was $686 million, with the market growth going to reach a CAGR of 8.2% from 2023 to 2032.
• Whereas, by the end of 2032, the market valuation is expected to grow above $1.5 billion.
• As of October 2023, the total number of visitors to smartringsnews.com was 66.6K and the bounce rate was around 69.12%.
• The website smartringnews.com has 86.38% organic traffic and 11.25% direct traffic.
• In the United States, the global rank of the website is 2.92 million which has increased by 55.8K.

By Company

• The major players in the Smart Ring industry are Bellabeat, Boat, McLear Ltd., Motiv, Noise, etc.
• According to Data Horizon Research reports, as of 2023 total revenue earned by Boat is $500 million.
• Furthermore, revenue generated by other companies is followed by Bellabeat ($30 million), McLear Ltd. ($1.77 million), Motiv ($1.1 million), and Noise ($243 million).

By Country

• The United States had the largest market share in the Smart Rings industry, with almost $1.6 million in 2022.
• China will earn the second-largest market share, with a market valuation of $4 million by 2030 and a CAGR of 20.5% from 2022 to 2030.
• During the forecasted period, the markets of other countries are predicted to grow in Japan (18.1%), Canada (17.8%), Europe, and Germany (14.7%) CAGR.

By Users

(Source: maximizemarketresearch.com)

• According to Maximize Market Research reports, in the United States the number of smart rings users has reduced to 7% in 2022 and revenue accounted by the users was $78.1 million.
• Furthermore in the U.S. expected smart rings users statistics by change percentage and revenue earned in coming years are followed by 2024 (6% and $82.7 million), 2026 (5% and $86.78 million), and 2029 (4% and $90.041 million).

Smart Ring Brand Adoption Statistics by Asian Countries

• The smart rings industry is highly competitive in the Asia Pacific region in which the adoption rate of Apple smart rings remained highest in Hong Kong with a 44% share.
• Other brand adoption shares are followed by Samsung (20%), Xiaomi (20%), Boat (13%), and others (3%).
• Japan: Apple (40%), Samsung (2%), Xiaomi (7%), Boat (4%), and others (47%).
• Taiwan: Apple (32%), Samsung (12%), Xiaomi (29%), Boat (18%), and others (9%).
• Vietnam: Apple (29%), Samsung (35%), Xiaomi (24%), Boat (10%), and others (2%).
• Thailand: Apple (29%), Samsung (23%), Xiaomi (25%), Boat (5%), and others (18%).
• Singapore: Apple (29%), Samsung (18%), Xiaomi (10%), Boat (3%), and others (40%).
• China: Apple (28%), Samsung (8%), Xiaomi (42%), Boat (4%), and others (18%).
• South Korea: Apple (25%), Samsung (51%), Xiaomi (11%), Boat (6%), and others (7%).
• Malaysia: Apple (20%), Samsung (19%), Xiaomi (29%), Boat (5%), and others (27%).
• Philippines: Apple (20%), Samsung (29%), Xiaomi (22%), Boat (4%), and others (25%).
• India: Apple (18%), Samsung (30%), Xiaomi (29%), Boat (16%), and others (7%).
• Indonesia: Apple (15%), Samsung (38%), Xiaomi (39%), Boat (7%), and others (1%).

Website Traffic Statistics of Smart Rings

By Country

(Source: similarweb.com)

• As of October 2023, the United States of America had 24.42% of total traffic on smartringnews.com, but it recorded a decrease in total website visitors by 0.4%.
• Other countries recorded the following contribution in total traffic: the United Kingdom = 5.28% (+2.89%), Australia = 4.15% (+101.4%), Turkey = 2.3% (+34.88%), Czech Republic (2.17%), and other countries collectively made around 61.68%.

By Device

(Reference: semrush.com)

• Around the world, 61.67% belong to mobile users, and 38.33% belong to desktop smart ring users.
• 42.05% of total Smart Rings users belong to the United Kingdom resulting in 15.35K, out of these 100% are mobile users.
• The United States has 8.84K users resulting in 24.22% out of these 100% belonging to desktop.
• Out of the total players, 19.62% are from Italy resulting in 7.16 thousand, with 100% access to mobile devices.
• In Australia and Hong Kong, there are around 1.7K and 1.16K respective players resulting in 3.76% and 3.19%.
• Out of these desktop viewers of Australia and Hong Kong are followed by 100% and 100% users have accessed respectively.

By Age Distribution

(Reference: similarweb.com)

• The Smart Ring Statistics by the demographic state that, the highest number of users observed is between the age group of 25 years to 34 years resulting in 33.54%.
• There are 19.19% of smart ring users aged between 35 years to 44 years.
• 17.38% and 12.54% belong respectively to 45 years to 54 years and 45 years to 54 years.
• Only 8.42% of users are aged between 18 years to 24 years.
• And there are 8.2% of Smart rings users contributing from the age group of 65 years and above.
• According to the reports of the similar web, the male and female users are 56.2% and 43.8% respectively.

By Marketing Channel Distribution

(Reference: similarweb.com)

• According to Smart Rings Statistics, the highest rate of traffic towards smartringnews.com is by organic search resulting in 86.38%.
• 11.25% is direct sources while 2.1% is from social media and 0.27% is from mail.

Best Smart Rings

(Source: zdnet.com)

• Oura Ring Gen3 (overall best smart ring) Costs $299
• This ring requires $5.99 monthly membership costs
• Specifications require only 20 to 80 minutes to get fully charged, battery life is 4-7 days, easily compatible with iOS and Android, includes automatic firmware updates, and can be used in airplane mode.

(Source: zdnet.com)

• McLear RingPay (best for contactless payments) material uses hypoallergenic ceramic which costs $114
• Specifications: This device has built its first near-field communication or wireless data transferring for unlocking doors digitally.
• The best features are compatible with iOS and Android, waterproof, charging is not required, and available in different sizes starting from 4.5 to 16.

(Source: amazon.com)

• Leagway R Smart Ring (with the best multi-functional screen mode)
• This smart wearable costs around $24.99 and is available at Amazon
• This is one of the best contactless payment rings which is connected via NFC card readers.
• Specifications include multi-functional screen modes, made up of epoxy crystal ceramic, volcanic magnet, and germanium Grau.
• The advantages are waterproof, fall-resistant, does not require a charge, and unlocks the phone screen.

(Source: zdnet.com)

• Circular Ring (best ring for tracking health) made up of hypoallergenic material; with interchangeable out shells.
• Specification: This device is compatible with both Android and iOS, charging time required 60 minutes, and battery life (of 4 days), and is water resistant.
• This smart ring cost almost $395

(Source: amazon.com)

• Oumij NFC Smart Ring (best designed)
• This is built with an ultra-sensitive chip termed NFC (near-field communication chip) this is not just a smart wearable but a smart jewelry ring with innovative technology included within.
• Available at Amazon it costs $13.86, the dimension of the product is 1.57*1.97*0.2 inches, and the weight (is 0.352 ounces).
• The benefits are waterproof, launches applications instantly, does not require charge, sleek with an attractive design.

Conclusion

After completing the article on Smart Rings Statistics, it can be easily stated that this is the latest wearable technology in recent days as this device includes several advantages and features. If still you are not using it then go and give it a try once but before making your purchase must go through the above detailed variations that are best suitable for you. The markets of Smart Rings are enhancing and the future is looking bright due to more innovation in technology. These articles include possible information those are explained elaborately and, hopefully, will help to understand the topic better.

Smart Switches Statistics: In recent days, as the demands for smart homes have increased enormously around the world, thus the usage of smart devices industries is at its peak both for residential and commercial purposes. But recently the market of smart switches is expected to grow at a slow growth rate due to lack of technical expertise, and high cost of installation in recent times. A report published by SkyQuest Technology states that by 2030 the global market valuation of smart switches is expected to reach $13.85 billion.

These Smart Switches Statistics include insights from various aspects please check out these interesting facts described below. If you haven’t installed Smart Switches at your home then, I recommend that you try to enable effective benefits.

Editor’s Choice

• In 2022, the smart switches market was valued at $38 million, expected to grow to $48 million by 2028 with a 4.1% CAGR.
• The automated switches market is forecasted to reach $22.6 billion by 2032, growing at a 5.2% CAGR.
• By 2031, the market for smart switch panels is estimated to reach $54.15 million, with a growth rate of 4.1%.
• Major US companies in the market include Leviton Manufacturing, Lutron Electronics, and General Electric.
• As of June 23, 2023, the global smart light switches market exceeded $2 billion.
• Smart switches come in motion sensor and timer types, for room movement detection and smartphone app control.

(Source: ilu.valuates.com)

• According to the new survey of QY Research analysis, the global market size of 3-Way Smart Switches is going to reach around $1217.4 million by 2029 at a CAGR of 9.3% from 2023 to 2029.
• The demand for these switches has been increasing in recent years due to the features of energy–efficient, sustainable, and more convenient.

(Source: verifiedmarketresearch.com)

• As of 2028 market size of smart switch panels is expected to reach around $480.2 billion at a CAGR of 22.41%.

What is Smart Switches?

Smart switches are alternatives to traditional built-in switches and are made up of advanced technology, IoT, machine learning, AI, etc. Without any doubt, it can be said that they have the capability of turning lights on and off and providing greater control over total home lighting, fans, and other hardwired appliances. For starting the function of smart switches in most cases they require a 2.4 GHz home Wi-Fi network.

Benefits of Smart Switches

• The most effective benefit is that they do not require an electric connection, thus, these switches help prevent potential electric fires.
• They are beneficial for energy efficiency and money as they help in reducing energy costs by adjusting electricity consumption along with automatic turning off facility of switches on and off when not required.
• These are the best devices for home automation; smart switches can also be used for changing the intensity of light depending on specific activities such as sleeping, reading, watching TV, etc.
• Enhance better security because when there is no one inside the home these switches create burglars by creating the illusion and making it look like someone is inside the home.
• The main benefit is to control the switch from different locations through mobile applications.

Smart Light Switch Statistics

• The best motion sensor switch is Kasa Smart Motion, which costs around $39.99 and is available on Amazon, Google, and SmartThings. Effective benefits are a built-in motion sensor, which detects ambient light levels, and reasonable pricing.
• The best smart switch for the home kit is Wemo, which costs $49.99 and is compatible with Apple smart homes. Its effective benefits include good build quality, Apple Home kit support, the option to group multiple devices, and affordability.
• Best for budgets is Kasa Smart, which costs $19.99, and its compatibility is Amazon, Google, and SmartThings. The advantages are affordable, doesn’t require a hub, and away mode security feature.
• The best switch selection is Leviton Decora Smart, which costs $49.04, and its compatibility is Amazon, Apple, Google, Z-Wave, and Zigbee. Benefits include a large selection of switches, excellent smart home compatibility, and customizable faceplates.
• Overall, the best smart switch is Lutron Caseta, which costs $99.95, and is compatible with Amazon, Apple, and Google. The advantages are that it is easy to use, has separate buttons, and no neutral wire is needed.

Types of Smart Switches

• The global market is segmented into 5 types of smart switches single-touch switches, dimmer switches, timer switches, motion sensor switches, and voice–activated switches.
• Single-touch switches are the most basic type among others, which allow for controlling lighting and other devices.
• Dimmer switches help in controlling light brightness depending upon the situation or mood.
• Timer switches allow setting the specific time of lights to turn on and off automatically, which can be easily programmed via Smartphones or apps.
• Motion sensor switches get activated when it detects movements inside the room and those are mostly used in washrooms and hall rooms.
• Lastly, the ultimate in convenience is voice-activated switches which are easy to use because they are activated through voice commands and can be used for controlling other many devices too.

By Segmentation

(Source: verifiedmarketreports.com)

• The smart switches market is analyzed by types of Wi-Fi and Bluetooth, ZigBee, and others.
• The maximum usage applications of smart switches are in the commercial sectors with a share of 75% and the rest is residential applications in 2023.

By Specification

• According to the global automotive switches market 2023, the voltage rating ranges between 12V to 48V DC.
• The current rating and IP rating remain between 3A to 10A and IP65 to IP67 respectively.
• Materials used in smart switches are plastic, metal, or glass.
• Configurations are SPST, SPDT, DPST, and DPDT.
• These smart or automated switches are used in the application of lights, wipers, windows, locks, entertainment systems, etc.

By Product

(Source: custommarketinsights.com)

• The markets of smart switches are segmented into four products Push button, Rocker, Specialty, Toggle, and multi-function switches.
• As of 2023, the Rocker switch segment is dominating the global market, and the value is expected to be $7.43 billion by the end of 2023 at a CAGR of 4.1% from 2022 to 2023.
• The global market share of Push Button Switches resulted in $8338.66 million in 2022 and is expected to reach $9360.01 million by 2028 with a CAGR of 1.94%.

Light Control Switches Market Statistics

• By the end of 2025 as per research by Market and Markets, the light control switches market is expected to be $10.2 billion.
• The growth rate of the market is expected to be 8.9% from 2020 to 2025.
• The compound annual growth rate of the light control switches market is going to be 7.80% from 2023 to 2028.
• Whereas, the projected market size is expected to reach $12.5 billion by 2030 and Asia Pacific is going to be the fastest-growing region in case of adopting smart switches.

Intelligent Power Switch Statistics

• The global market size of the intelligent power switches market is approached to be $2 billion analyzed to a report by Research Nester.
• By the end of 2036 global market size is predicted to reach above $66 billion at a CAGR of 6% from 2024 to 2036.
• This market is segmented into two types’ high-side switches and low-side switches, in which the high-side switches are the dominating segment with a revenue share of 55%.
• The applications of power switches are residential, automotive, commercial, industrial, and construction, in which the dominating holder is the Industrial intelligent power switches with a market share of 38%.
• The North American region is going to account for the largest share of 28% and 25% share by the Asia Pacific region by the end of 2036.

Smart Switches Startup Statistics

• According to the reports of Tracxn, there are more than 174 companies that are now manufacturing smart switches.

The top 5 smart switches startups are described below as of October 2023:

• Orro (deals with smart home lighting solutions) and located in San Francisco (United States), stage (seed).
• Amber Solutions (deals with switches for home automation applications), located in Danville (United States), stage (Series B), and total funding ($17.9 million).
• Cubical, located in Delhi (India), stage (seed), and total funding of $1.03 million.
• Switchmate Home (retrofittable smart switches for light controlling through a smartphone), located in Palo Alto (United States), and funding ($350K).
• Aeva is located in Dhanbad (India), with a stage (seed), and funding ($255.5K).

Smart Switch Installation Statistics

(Reference: homewyse.com)

• As of June 2023, the installation cost per smart switch was around $84.72 to $228.
• The costing shares include costs for local material (7%), labor options (7%), prep and repair (7%), and work access (25%).

Conclusion

Smart devices are getting extremely popular around the world in recent days and same the share of smart switches. Researchers are expecting that the popularity of smart device usage will increase in the coming future and this is the harsh reality that people are now fully dependent on technology. Even smart switches are providing hands-free control over lights, fans, and other devices along with enabling lots of effective benefits. The article includes possible stats that will help you understand the topic better.

Running Headphones Statistics: The advancements regarding audio technologies, design, and manufacturing are driving the global market for sports headphones. The addition of sensors that are biometric, ergonomic designs, and high-noise cancelling feature as well as the increase in frequency that comes with wireless headsets and an in-line mic that has playback controls plays an important role in the development of the global market for sports headphones. In the next report, we will look at additional running Headphone Statistics.

New-age earphones are famous for their high-end performance, exaggerated bass, high-quality acoustic, comfortable fit, and great level of protection from dust and moisture.

The release of earphones equipped with Ingress Protection Rating (IPX) certification that guarantees that earbuds are sweatproof and water resistant and water-resistant, is also increasing the appeal of the market for headphones for sports.

Smart sports headphones have a range of unique features. Manufacturers have models that are immune to sweat and water they also offer additional comfort and are suitable for exercise and stream music directly to the listener.

In addition, the increasing demand for fitness clubs as well as the growing number of active fitness and gym enthusiasts will likely drive the development of the sports headphones market. In addition, the growth of music subscription services for people who love music is expected to increase sales of headphones and earphones all over the world.

The increase in music subscription services is expected to drive the development of sports headphones, as growing numbers of people prefer listening to their favorite music while exercising. The global market for sports headphones is predicted to expand at a CAGR of more than 14% between 2018 and 2024.

Key Pointers

• The introduction of biometric sensors and health monitoring capabilities will likely headphones into multi-purpose devices.
• The world ANC headset market is predicted to grow to the USD27 billion mark by 2026, on due to the growing need for ANC for hearing protection devices and other protective devices for communication.
• Countries that are growing rapidly like China, India, and Brazil have a lot of potential for sellers during the forecast period due to the large consumption index.
• Recent technological advancements regarding Bluetooth connection, Infrared, and Wi-Fi technology are expected to affect the competitiveness of markets.
• In-ear noise-canceling headphones in Europe are anticipated to achieve the most ASP due to the increased demand for a user-controlled audio allowance as well as augmented reality.

The Product’s Insights

The market for earphones was responsible for 89.40 percent of the total market share in 2022. It is expected to grow by an increase of 13.2 percent during the forecast time. The growing demand from consumers for greater quality and more stylish earphones could positively influence the growth of this market. The rising popularity and use of tablets, smartphones laptops, laptops, portable music players, and other mobile devices are likely to increase demand for earphones in the coming years. Additionally, a greater emphasis on the compatibility of all the mentioned portable electronic devices could increase demand for earphones over the next couple of years.

The market for headphones is predicted to witness a CAGR in the range of 4.2 percent between 2023 and 2030. The growth is due to the growing demands for fashionable running Headphone Statistics as well as specific headsets for various categories like audiophiles, gaming, and fitness are expected to propel market expansion.

Market Size

(Source: gminsights.com)

Because of the COVID-19 virus and the COVID-19 pandemic, the worldwide sports headphones market size has been estimated to reach USD million in 2022. The market is projected to grow to a revised size of $ million by 2028. This will be accompanied by an increase in CAGR throughout the review. With the fullest consideration for the impact on economics due to this epidemic, Bluetooth will be the largest component of sports headphones global market in 2021 and will be worth USD 1 million by 2028. This will increase with a revised CAGR during the following post-COVID-19 timeframe.

The Professional segment has been changing to a CAGR over the forecast. China Sports Headphones market value is estimated at USD million by 2021 in contrast, they are priced at USD million, and US and Europe Sports Headphones comprise USD million, and USD million in turn. The share of the US is a Percent figure in 2021. China and Europe are both Percent as well as Percent, respectively. it is expected that China’s share will rise to Percent by 2028. This will be a long way behind an average CAGR throughout the study time.

Japan, South Korea, and Southeast Asia are noteworthy markets that are gaining attention in Asia and will grow at a CAGR of percent, Percent, and Percent, respectively over the next six years. For what’s happening in the Europe sports headphones landscape, Germany will be expected to hit USD Million by 2028. This is based on the growth of a CAGR for the projected time.

The major manufacturers in the world of sports headphones are Audio-Technical, Monster, Sennheiser, Sony, Yurbuds, Beats by Dr. Dre, Panasonic, Philips, and Polk Audio, etc. The 2021 forecast shows that the leading five companies will hold around a percent share in terms of revenues.

Interests By Product Type

In-ear headphone use has been increasing due to its lightweight design and greater capacity. They’re extremely sought-after by those who frequently utilize them at work as well as during exercise and sporting exercises. Because in-ear models are secure inside the ear and permit users to block out the sound of outside sources effectively, they have gained demand from fitness enthusiasts. Revenue-wise In-ear products are predicted to surpass $30 billion by 2026.

On-ear headsets have seen an increase in popularity because of technological advancements in technology and features. Active noise canceling capabilities are limited in the on-ear model as they can allow for sound leakage and the passage of sound from outside because of their construction. North America leads the market concerning revenue as well as unit shipment. The market is seeing high cooperation between earphone and headphone producers and stars, increasing the market for earphones that are on.

Over-ear headphones are predicted to see a steady increase over the time frame forecast thanks to advancements in audio and manufacturing. They’re considered superior in terms of sound quality as well as timber, and the related sound harmonics as well as envelopes. They are however costly, and counterfeiting is an important problem for over-ear headphones.

Wireless Headphones Market

The market for wireless headphones is projected to grow at a rate of 19.11 percent between 2022 to 2027. The market is expected to grow in the amount of USD 22.04 billion. The market’s growth depends on many aspects, including the improvement of wireless connectivity, the increasing use of smart devices, and the convenience and ease of using wireless technology.
This report on the market for wireless headphones includes a comprehensive analysis of market segmentation according to applications (music and entertainment gaming, fitness, as well as virtual reality) as well as the kind of product (on-ear wireless headphones and in-ear wireless headphones and wireless headphones that can be worn over the ear) and by geographical region (North America, Europe, APAC, South America, and Middle East and Africa). It also offers a comprehensive study of the drivers, trends, and issues. Additionally, the report contains historical market data dating from 2017 through 2021.

Key Wireless Headphones Market Driver

The advancement in wireless connectivity is the primary driver behind the rise in the market for wireless Running Headphone Statistics market. 1999, Bluetooth technology was first introduced in the year 1999, and since then the technology has advanced significantly. Nowadays, Bluetooth headsets for gaming come with the most current versions of Bluetooth smart chips. These chips allow for lower energy consumption as well as enhancing the quality and range of the audio.

In addition to wireless Wi-Fi as well as Bluetooth connectivity, manufacturers have also created Bluetooth gaming headphones that can support NFC connectivity. A few of these wireless models with NFC connectivity include Infinity (JBL) Glide 4000 and Sony XB950B1, Sennheiser Momentum 2.0, and WH-1000XM3. When you consider these aspects the wireless headphones market is predicted to expand during the forecast timeframe.

Sports Headphones Market Segmentation

This market research report includes detailed market segmentation by

• Product
• Features
• Technology
• Distribution Channel
• Geography

Sports Headphones Market: Products

The improved quality in comfort as well as portability has been a major reason behind the growing popularity of headphones in-ear with people who use them

In-ear sports headphones are very popular in the market because they are extremely feature-rich and light. With the introduction of wireless headsets, the market share of devices that are in-ear has increased dramatically in recent years in the market for sports headphones. They are adored by people who regularly stream music throughout sports exercises and workouts. In addition, the greater quality of comfort and flexibility provided by models with in-ear make them a huge hit with those who love sports.

The advancement in audio technology as well as the emergence of new brands, which have models that come equipped with features like washable and removable earpads as well as an ergonomic design will likely drive the market for on-ear sports headphones. In addition, the growing price of over-ear models is booming well for the development of the on-ear sports headset market.

Sports Headphones Market: Features

True wireless with features-loaded headphones for sports is revolutionizing the concept of wearables by integrating with features and functions.

The widespread use of wireless headphones that are truly wireless is predicted to boost the market for smart sports headphones in the coming years. The smart sports headphones come with a variety of innovative features, like sweat and water-resistant sensors for gesture recognition that monitor heartbeats biometric recognition, and voice control. Additionally, advances in audio engineering and technology have put smart headphones at the forefront of the connected world. The smart earphones are popular with people who are active and healthy as they let them monitor the body’s vitals. Additionally, feature-packed smart wireless earphones are changing the concept of wearables because they incorporate the capabilities and functions of various electronic devices into tiny in-ear wireless earbuds.

Non-smart Run Headphone Statistics will likely see a slowing growth rate during the forecast period since the market is stagnant across the globe. Although the revenues of the segment are expected to increase, it is expected to see a decrease in growth due to the growing use of wireless devices that are technologically advanced. The rise in smartphones is expected to impact the non-smart market negatively and the trend is expected to continue throughout the forecast time.

Sports Headphones Market: Technology

The advent of sweat- and water-resistant wireless headphones is increasing the popularity of athletes.

The inclusion of cutting-edge technologies like Active head tracking 3D surround-sound delivery and onboard storage in wireless models is likely to propel the development of sports headphones that are wireless. In addition, the increasing integration of wireless headphones with audio and video systems in the home is a significant factor driving the market for sports headphones in the world.

True wireless sports headphones are set apart from regular wireless models because they can offer users higher listening levels and greater control over the sound of their surroundings. Due to their improved design and sound quality, the market share is predicted to increase over the time frame forecast. In addition, the advent of sweat- and water-resistant wireless earphones is growing in popularity with consumers, specifically those who are into fitness and sports, and presenting huge potential for growth for wireless sports headphones.

The segment of wired sports headphones is very popular in emerging countries due to their low price. While the segment has been dominant in this market over a lengthy period, wired models are seeing a decrease due to the rising popularity of wireless models among customers. The segment is becoming less attractive due to advancements in audio and manufacturing technology for wireless headphones.

Sports Headphones Market: Distribution Channel

The ease of access that online stores provide will likely boost the profits of the world’s market for true wireless headphones

The rising amount of OEM online shopping portals as well as online stores that sell directly to consumers like Amazon, eBay, Best Buy, Alibaba, and JD.com contributes to the growing online sector on the world market. Many of the top vendors are pushing the idea and usage of Bluetooth devices and other technologies via social media channels, attracting the most customers to the market. The accessibility of a broad variety of products is driving the development of distribution channels online across the globe. The accessibility and convenience provided by online stores will add to the earnings of the authentic wireless headset market.

Specialty stores like Apple Stores, Bose Stores as well and Harman Lifestyle Showrooms are attracting the largest number of customers in the retail portion of the retail market. Several sellers in both the UK as well as the US are selling their completed products through supermarkets, electronic stores hypermarkets, as well as online shops, which has contributed to the expansion of the market. Walmart, Costco, Sears, Home Depot, Best Buy, and Target are among the top retailers in the retail sector.

Sports Headphones Market: Geography

The rise in streaming services for music is among the major drivers of markets in North America

The rising popularity of paid audio subscriptions like music investment and fitness subscriptions as well as fitness equipment is an important driver of the Europe market for sports headphones. Furthermore, the increasing popularity of athletes and fitness enthusiasts in adopting sports-related headphones is anticipated to boost the growth of this market. Furthermore, true wireless headphones and Running Headphone Statistics models are growing in popularity because of the control over the sound of the surrounding environment and an enhanced experience. The mobility and flexibility that these headphones provide for users.

An increasing percentage of internet users especially millennials, the desire to embrace new technologies and high disposable incomes as well as the increasing popularity of smartphones, the emergence in the market of sports-specific headphones, and a growing urbanization rate are driving the sports-related headset market across North America. In addition, the growth in the use of video and music playback software and the rise in streaming music services has been growing rapidly. With the trend of wearing premium wireless headphones for fashionable accessories, the sports headphones market will see massive growth over the next few years.

The accessibility of low-cost smartphones as well as the growth in disposable incomes, as well as the growing purchasing power of middle-class people, particularly within China, South Korea, and India, are key factors that drive the expansion of the APAC region. Additionally, the availability of numerous Chinese companies that sell low-cost models has greatly benefited the market for sports headphones in the region.

The demand for high-end headphones is increasing throughout the MEA region, particularly in areas like UAE, Qatar, Bahrain, Kuwait, Israel, and Jordan. It is anticipated that wireless or active noise-cancelling headphones will become more popular within the MEA market. The growing popularity of the beach fitness concept across South Africa is favoring the expansion of the market in Africa.

The rising amount of smartphone users the growing amount of internet users and a trend towards streaming music online are driving the growth of this Latin American market. In addition, the wireless sports headphones marketplace in Latin America is expected to see significant growth due to the increasing number of connected devices across the region.

Conclusion

The rising use of smartphones as well as connected mobile devices to stream video online during fitness and sports activities is expected to boost the Running Headphone Statistics market. With a focus on the ever-changing market conditions, companies are adding a variety of smart features to headphones, with a secure fit as the main focus. There is a significant demand for low-cost sports headphones in the developing world. Local manufacturers can meet this need to a great extent.

There is a growing demand for premium, high-end headphones with better sound quality that are supplied by specialist brands like Bose, Sony, Beats, JBL, Anker, and Sennheiser. Furthermore, the development of cutting-edge technologies across all industries is predicted to influence product design production, development marketing, sales, and after-sales. The result will be an unmatched and personalized consumer experience. Samsung, Sony, and Sennheiser are the top manufacturers in the marketplace.

Portable Power Bank Statistics: As to reports, the market size of portable power banks is expected to reach around $13.87 billion by the end of 2023 and $19.21 billion by the end of 2030. The market growth of portable power banks is increasing due to the increasing adoption of mobile phones and Smartphones. The portable power bank offers high-speed charging with a capacity range of around 10,000mAh to 20,000mAh. In the coming future researchers are expecting that every company of wireless charging power banks will grow enormously.

These Portable Power Statistics include insights from various aspects that provide light on how fast the power bank industry is growing around the world.

(Source: cloudfront.net)

Editor’s Choice

• According to the reports of Future Market Insights, in 2023 the global market size of the portable power bank is estimated to reach around $16.89 billion.
• On the other side, by the end of 2033, the industry is going to be $55.34 billion with a CAGR of 12.6% from 2023 to 2033.
• According to the reports of Global News Wire, the global market share of power banks in 2023 is predicted to be $12.54 billion, which has increased from last year.
• The global market size of the industry is expected to grow at a CAGR of 6.3% from 2023 to 2031.
• As of reports, the largest market share in 2023 is going to be accounted for by the Asia Pacific region (65%).
• According to Statista reports 2023, MAXAOK power banks have the highest battery capacity of 50,000mAh around the world.
• The highest market value is going to be achieved by the United States with around $8.57 billion at a CAGR of 11.3% from 2023 to 2033.
• As of reports, in 2023 the leading technology of portable power bank is to emerge as Lithium-ion Battery.
• The global market size of lithium-ion batteries is supposed to grow around $54.4 billion by 2023.

What is a Portable Power Bank?

Power banks are termed rechargeable batteries or chargers which are placed within a case that provides additional life to the battery when needed for charging smartphones, smart watches, tablets, and computers. They are available in different variations such as slim size, pocket-friendly size, larger size, lower, and higher capacity. According to Vantage market research; 2030 the portable power bank market size is expected to grow up to $26.35 billion by 2030 with a CAGR of 10.20% from 2023 to 2030.

Advantages of Portable Power Bank

• The portable power banks allow for boosting the device’s battery life as these days people are heavily dependent on smart devices in every field of life.
• Power banks can be used in Smartphones, smart watches, laptops, desktops, and other electronic devices.
• This device allows you to stay connected anywhere, and anytime mostly during outdoor adventures and long-distance flights.
• The significant advantages are compact, lightweight, and easily transported into pockets, handbags, and backpacks.
• This device enables multiple device charging, high-speed charging, board compatibility, long lifespan, and economical.

Facts on Portable Power Bank

• According to market research, around 65% of college students chose to purchase portable power banks.
• These days, multiple power bank manufacturers are working on portable power banks to equip devices with Type-C USB connectivity.
• The growth factors of the portable power bank industry are due to the increasing demands in the sectors of Smartphones, automobiles, and electronic device manufacturing companies.
• The category of portable power bank varies in capacity range such as 1,000 MAH to 2,500 MAH; 2,510 MAH to 5,000 MAH; 5,010 MAH to 7500 MAH; 7,510 MAH to 10,000 MAH, and above 10,000 MAH.
• According to Vantage market research, the popular type of portable power bank is Lithium-ion cells that can be recharged more than 500 times.
• The best example is the RAVPower Portable Charger External Battery Pack is Qualcomm Quick Charge 3.0 which offers around 20800mAh capacity.

General Statistics

(Source: mordorintelligence.com)

• As of the above graph analysis, the global market share of portable power banks in 2023 is predicted to be $12.54 billion.
• By the end of 2028, the market share is expected to increase by $18.77 billion with a CAGR of 8.40% from 2023 to 2028.
• The fastest and largest growing region is the Asia Pacific region and North American region respectively in 2023.
• The leading players in the industry are Lenovo, Panasonic, Philips, MI, and RealMe.
• The largest product type segment of the industry is 10001mAh to 20000mAh with a share of more than 80%.
• The top 5 manufacturers of the global portable power bank are MI, Romoss, Anker, Sunvalley, and Samsung which make a share of more than 10% in the year 2023.

Portable Power Bank Statistics by Country

• In 2023, the North American region is dominating the overall market share of portable power banks around the world.
• However, the highest market share is to be attained by China in 2023 and the market value is expected to reach above $14.03 billion with a CAGR of 14.1% between the years 2023 and 2033.
• The 2nd highest market value is going to be achieved by the United States with around $8.57 billion at a CAGR of 11.3% from 2023 to 2033.
• The sales in the European region are also flourishing and in the United Kingdom, the market value of the portable power bank industry is going to be $1.44 billion by 2033 at a CAGR of 10.9% during the forecasted year.

Portable Power Bank Statistics by Region

(Source: coherentmarketinsights.com)

• As of reports, the largest market share of portable power banks in 2023 is going to be accounted for by the Asia Pacific region resulting in 65%.
•  Furthermore, other regional shares of this industry are followed by North America (15%), and Europe (15%) respectively.
• Lastly, the Middle Eastern African and Latin American share of the industry did not increase much around 7% and 4% respectively.

Portable Power Bank Statistics by Technology

• According to the reports of Grand View Research, the global market size of lithium-ion batteries is supposed to grow around $54.4 billion by 2023.
• Whereas, the compound annual growth rate from 2024 to 2030 is expected to be 20.3%.

(Source: statista.com)

• The above graph describes the global market distribution of lithium-ion battery makers from January to August 2023.
• The highest percentage of battery makers share was achieved by CATL (36.9%).
• Furthermore, other distributions of lithium-ion battery makers are followed by BYD (15.9%), LG Energy Solution (14.2%), Panasonic (7.1%), SK On (5.1%), CALB (4.7%), Samsung SDI (4.1%), Gotion High-tech (2.1%), Eve Energy (2.1%), and Sunwoda (1.4%).
• On the other hand, according to the reports of Industry ARC, the estimated market size is around $6.5 billion by the end of 2027 with a CAGR of 7.1% from 2022 to 2027.
• According to the Research Nester reports, by the end of 2035 the market size of Nickel Cadmium Batteries is expected to reach $2 billion with a CAGR of 3% from 2023 to 2035.

Portable Power Bank with Battery Capacity

(Source: statista.com)

• As of the above graph analysis, the MAXAOK power banks have the highest battery capacity of 50,000mAh as of September 2023.
• Furthermore other portable power banks battery capacity are followed by Anker PowerCore+ 26800 (26,800mAh), Anker PowerCore III Elite (25,600mAh), Anker PowerCore (20,100mAh), Omni 20 USB-C (20,000mAh), Muto (20,000mAh), Mophie Powerstation Plus with built-in cables (12,000mAh), and INU (10,000mAh).

Types of Portable Power Banks

• Goal Zero Flip 24 Power Bank (best portable power banks for hiking purposes).
• BioLite Charge 80 PD Power Bank (best for backpacking)
• Goal Zero Yeti 200X Portable Power Station (best for car camping) and Goal Zero Yeti 500X Portable Power Station (best for large group car camping).
• BioLite BaseCharge 1500 (best for extended trips)
• EcoFlow DELTA max Portable Power Station (best for emergencies)

Best Portable Power Banks of 2023

(Source: amazon.com)

• UGreen 145W Power Bank (best power bank for charging tablets and laptops)
• The battery backup of the charger is 25,000mAh and can charge a laptop at 100W.
• These chargers include two USB-C ports and one USB-A port.
• iPhone 14 Plus can be charged at 26W, Z Fold 5 can be charged at 22W, and 96W for laptops.
• This is available at Amazon which costs around $90 – $150.

(Source: amazon.com)

• Iniu Portable Charger (best power bank on a budget used for phones and tablets)
• The batter backup is around 10,000mAh, and very compact which can be easily carried within pockets.
• These power banks have 2 normal USB ports and a single USB-C port
• This is also available at Amazon that costs around $18

(Source: media.cnn.com)

• Anker 521 Power Bank ( best portable power banks for phones)
• The battery backup capacity is 5000mAh available.
• They include 2 USB-C ports each capable of generating 45W of power.

Conclusion

As of today, after completing the article on Portable Power Bank it has been assumed that the overall market is growing enormously due to the adoption of the huge amount of Smartphones around the world. The portable power banks can charge a Smartphone 3 times more than others. The advanced technology used in such devices has improved the features of super-fast charging capabilities and enables 2 to 3 USB ports for charging multiple devices. This article includes many effective statistics that are described elaborately and hope will help you understand the topic better. 

Wireless Adapter Statistics: As to reports, the global market size of wireless adapters is expected to reach above $2.48 billion by the end of 2030. This market is gaining huge popularity, as around the world the demand for wireless technology adoptions is increasing along with the increment of high-speed internet connectivity in industries, home automation, and gaming sectors. After the advancement of technology, the use of wireless adapters has reduced somewhat as today’s portable computers already have built-in wireless connectivity which can be enabled or disabled as per user requirement.

These Wireless Adapter Statistics include insights from various aspects that provide light on the importance of the industry over the world in recent days.

Editor’s Choice

• According to Data Intelo’s analysis, it is anticipated that the worldwide market for wireless adapters will surpass USD 1.08 billion in value by the year 2023. By the close of 2030, this market’s worth is projected to climb to USD 2.48 billion.
• Throughout the period from 2023 to 2030, the wireless adapter market is expected to witness a growth rate of 10.5% annually.
• Wireless adapters, which are commonly utilized in devices equipped with PCI and USB interfaces, have seen a notable preference for wireless PCI adapters over their counterparts.
• These adapters are available with transmission standards of either 2.4GHz or 5.0GHz.
• The most significant expansion in the wireless adapter sector, as of 2023, has been recorded in the Asia Pacific region, specifically within China, India, and South Korea.
• Reports from Zipdo.co suggest that by the conclusion of 2028, the wireless technology market globally is forecasted to reach a staggering USD 6.36 trillion, expanding at an annual growth rate of 36.7% from 2021 to 2028.
• Furthermore, by the end of 2028, the worldwide market size for home routers is anticipated to reach USD 3558.7 million, with a compound annual growth rate of 4.1% from 2022 to 2028.

What is a Wireless Adapter?

The wireless adaptors are hardware devices connected to a laptop/computer or any workstation devices that help in connecting a wireless system. The wireless adapter market is segmented into two types such as wireless PCI adapters, and wireless USB adapters.

The PCI adapters are installed within the desktop computer’s PCI slot to enable wireless connection and high-speed data transmission. Whereas, USB adapters are portable devices simply plugged into a computer or laptop USB port flexibly to enable wireless connectivity.

General Statistics of Wireless Adapters

• As of 2023, wireless adopters are more likely used by Mac users as compared with Windows users.
• The market growth has enhanced enormously, due to the increasing demand for Wi-Fi connectivity in homes and businesses.
• Whereas, users of Linux are using the wireless adapters more if compared to Mac and Windows users.
• The leading market players in the industry are Netgear, D-Link, TP-LINK, Logitech, and Cisco.
• There are two types of wireless adapters such as PCI adapters, and USB adapters.
• The highest growing region is the Asia Pacific; countries including China, India, and South Korea.
• Top importers of wireless adapter shipments are followed by India (6,460), the United States (3,691), and Peru (3,260).
• Top exporters of wireless adapter statistics by shipments are followed by China (14,357), Vietnam (2,306), and the United States (681).

Facts About Wireless Adapter

• Wireless adapters use radio waves to connect to the internet without needing wires. They turn data into radio signals and back again so computers can understand​​.
• Different types exist for different devices. Some are built into laptops, while others can be plugged in via USB or fit into slots on the side of the device​​.
• USB WiFi adapters are easy to install and make it simple for computers without WiFi to connect to wireless networks. They are particularly useful for older desktops or laptops​​.
• USB adapters might not improve bad WiFi connections; their purpose is to enable WiFi connectivity on devices lacking built-in support. For better coverage, consider using an adapter with an external antenna​​.
• Choosing the right adapter involves considering WiFi standards like 802.11b, g, n, which affect speed and compatibility with your network​​.
• Adapters work best with clear line of sight to the router. Obstructions can affect performance, but USB adapters with external antennas can help in more challenging setups​​.

Advantages and Disadvantages of Wireless Adapters

Advantages

• These allow easy access and availability to users to communicate, without any requirement of extra adapters or cables.
• Improves data communication with businesses and customers by enabling a faster data transferring system.
• Flexibility and cost-saving are effective benefits of using wireless adapters.
• Also promotes new opportunities by offering new services and products such as ‘hot spot’ Wi-Fi services in train stations, airport lounges, restaurants, hotels, and cafes so that people can stay connected to their office while traveling.

Disadvantages

• As of the current situation, security is the biggest issue because wireless transmissions are more exposed to being attacked by hackers or unauthorized users.
• Other problems are installation problems, difficulty in coverage, and less efficient transmission speed.

Specification of Wireless Network Adapters

The most used wireless network adapters use (IEEE) 802.11 specification and most wireless devices are based on this specification.

• 802.11a: wireless speed (54 Mbps), transmission frequency (5 GHz), and indoor range between 25 and 75 feet.
• 802.11b: wireless speed (11 Mbps), transmission frequency (2.4 GHz), and indoor range between 100 and 150 feet.
• 802.11g: wireless speed (54 Mbps), transmission frequency (2.4 GHz), and indoor range between 100 and 150 feet.
• 802.11n: wireless speed (600 Mbps), transmission frequency (2.4 GHz / 5GHz), and indoor range between 200 and 300 feet.

Wireless Adapter Statistics by Shipment

• According to the Global Reports of 2023 by Volza, the worldwide market for wireless adapters witnessed shipments totaling 22,000 units, involving 2,855 buyers and 2,757 suppliers.
• The leading importers of wireless adapters were India, receiving 6,460 shipments, followed by the United States with 3,691 shipments, and Peru with 3,260 shipments. Other notable importers include Vietnam (3,134), Indonesia (1,253), Hong Kong (670), the Philippines (532), Turkey (528), Pakistan (261), Ukraine (246), Guatemala (224), the United Arab Emirates (180), Ecuador (155), and Taiwan (101).
• The primary product categories imported globally for wireless adapters are identified by their Harmonized System Nomenclature (HSN) codes: 85176290, 8517622000, and 85176990.
• On the export side, China led the market with 14,357 wireless adapter shipments. Vietnam and the United States followed with 2,306 and 681 shipments, respectively. Other significant exporters included Singapore (675), India (551), Hong Kong (530), Malaysia (385), Taiwan (258), Germany (226), Japan (178), Thailand (165), Turkey (147), Australia (112), Mexico (107), and South Korea (102).
• The top product categories for exports mirrored those for imports, with HSN codes 85176290, 85176990, and 8517622000 being the most traded.

Global Buyer and Suppliers of Wireless Adapters Statistics by Country

• As of reports, in 2023 there are 2,855 buyers available spread over 94 countries and 2,757 suppliers in 60 countries.
• Top country buyers are followed by the United States (597), Vietnam (536), India (399), Peru (137), Turkey (129), Philippines (110), Pakistan (84), Indonesia (71), Ecuador (58), and Brazil (50).
• Top country suppliers are followed by China (1,334), Vietnam (258), the United States (217), Hong Kong (130), India (81), Taiwan (68), Singapore (60), Germany (56), Turkey (54), South Korea (54), and Japan (50).

Wireless Adapters Statistics by Types

• As of reports, there are two types of wireless adapters available around the world Wi-Fi adapters and Cellular / mobile broadband adapters
• According to the reports of Market Research Future, the market size of Wi-Fi Adapter cards is expected to reach $6.34 billion by the end of 2030.
• According to the reports of Future Market Insights, the cellular/mobile broadband adapter market is expected to reach $48 billion by the end of 2032, with a CAGR of 9.9% from 202 to 2032.

Wireless Adapter Statistics by Companies

• In 2023, the leading market players in the industry are Netgear, D-Link, TP-LINK, Logitech, and Cisco.
• According to the precision report analysis, the top 3 leading industries Netgear, D-Link, and TP-Link have generated 41% of revenue share in 2023.
• According to the reports of counterpoint research, in the 1st quarter of 2023 total revenue earned by Netgear was between the ranges of $185 to $200 million.
• As of 2023, the TP-Link is known to be the world’s largest provider of WLAN devices and the company holds a market share of 17.8%.
• According to the reports of Macrotrends, by the end of 2023 total revenue earned by Logitech is going to be $4.539 billion.
• The market capitalization of Cisco in 2023 is expected to be $196.59 billion, which has increased by 0.45% from 2022.

Wireless Connectivity Statistics by Revenue

(Reference: statista.com)

• As of the above graph analysis, global revenue earned by the wireless connectivity market in 2023 is expected to be $76.5 billion.
• In coming years, revenue rates are expected to reach higher followed by 2024 ($86.8 billion), 2025 ($98.6 billion), 2026 ($112.2 billion), and 2027 ($127.9 billion).

Wireless Adapter Trends

• Market Growth: The global wireless adapters market is projected to grow from USD 1.02 billion in 2022 to USD 2.48 billion by 2030, with a compound annual growth rate (CAGR) of 10.5%. This growth is driven by increasing demand for high-speed internet connectivity and the rising number of connected devices​​.
• Technological Advancements: Innovations and advancements in wireless adapter technology, such as the introduction of wireless charging standards by the Wireless Power Consortium, aim to unify the industry under a single global standard, enhancing user experience for wearables and mobile devices​​.
• Post-Pandemic Recovery: The COVID-19 pandemic affected the demand and supply chain across various industries, including semiconductors. However, the shift towards contactless solutions and heightened hygiene awareness is driving interest in wireless technology as a convenient and touch-free alternative​​.
• Product Innovation: Companies are innovating and adapting technologies to improve product efficiency and performance. For example, Morphine, a subsidiary of ZAGG, launched its snap+ wireless charging ecosystem, catering to both at-home and on-the-go multi-device charging needs​​.
• Regional Dynamics: Asia-Pacific is expected to be the fastest-growing market in the world due to early adoption of technological advancements such as AI and IoT, and the push towards smart city initiatives, particularly in China. The development of smart infrastructure is expected to open new avenues for wireless connectivity systems​​.
• Consumer Electronics Dominance: The consumer electronics segment accounted for the largest revenue share in 2022 and is expected to continue this trend, driven by widespread integration of wireless charging technology into smartphones, smartwatches, wireless earbuds, and other devices​​.
• Automotive and Healthcare Applications: The automotive segment is seeing increased adoption of electric vehicles, driving demand for wireless charging infrastructure. In healthcare, the integration of wireless charging into medical devices, such as wearable health monitors and smart medical implants, is promoting segment growth​​.

Recent Development

• 5G Network Deployment: The rollout of 5G technology is advancing globally, with leading countries like the United States and South Korea having launched services in major cities. 5G promises to bring major changes to the mobile landscape, offering significantly increased speeds and reduced latency. The global average 5G download speed is reported at 250Mbps as of March 2022​​.
• Wi-Fi 6 Adoption: The introduction of Wi-Fi 6, also known as 802.11ax, marks a significant step forward in terms of speed and efficiency for wireless networking. Countries such as the United States, United Kingdom, and Canada are leading in the adoption of Wi-Fi 6, which is expected to enhance the internet experience for users. Regulatory bodies in these countries have approved the use of Wi-Fi 6, paving the way for widespread implementation​​.
• Development of Wi-Fi 7: The Wi-Fi7 (802.11n standard) has been finalized and is currently being implemented by manufacturers, offering increased speeds and range over the previous standards. Wi-Fi 7 is expected to further enhance wireless networking capabilities with even higher speeds and extended range​​.
• Wi-Fi Sensing: An emerging technology, Wi-Fi sensing, utilizes devices’ ability to detect the presence of Wi-Fi networks and gather information about them. This technology has potential applications in various fields, including automation and security, by enabling devices to react based on the presence or movement of people and objects within a Wi-Fi network’s range​​.
• Millimeter Waves for 5G: Millimeter wave technology is being explored for its application in 5G wireless communications. It offers large bandwidth and the ability to penetrate obstacles, making it suitable for delivering high-speed internet in dense urban areas and for specific applications like medical imaging​​.
• Low Power Wide Area Network (LPWAN): LPWAN technology is designed for long-distance communication at a low bit rate, making it ideal for connecting devices over long distances with minimal power consumption. It’s particularly useful in the Internet of Things (IoT) applications​​.
• Vehicle to Everything (V2X) Communication: V2X communication technology enables vehicles to communicate with each other and with infrastructure, improving road safety and efficiency. The U.S. Department of Transportation has announced plans to equip all new cars and trucks with V2X technology in the future​​.
• Advancements Towards 6G: The development of 6G technology is underway, focusing on creating a fully connected world that supports a vast array of intelligent devices and services. 6G is expected to integrate various networks, including WLANs, to support explosive growth in high-bandwidth applications and massive sensor arrays​​.

Best Wireless Adapters

(Source: futurecdn.net)

• Netgear Nighthawk AC1900 Wi-Fi USB Adapter (best for value)
• Specifications: frequency (2.4 GHz + 5 GHz), dimension (120*45*22 mm), and weight (66.5 gm).
• This device is available at Amazon and costs $54.204.
• Features: enables fantastic connectivity and includes an effective desktop cradle.

(Source: futurecdn.net)

• Asus PCE-AC88 (best PCI wireless network adaptor)
• Specifications: frequency (2.4 GHz +5 GHz), dimension (103*68.9*21 mm), and weight (125 gm).
• This device costs $102.4045 and is available at Amazon.
• Features: enable brilliant performance and have a remote antenna.

(Source: futurecdn.net)

• Trendnet TEW-809UB (best for accessing unreachable areas)
• Specifications: frequency (2.4 GHz +5 GHz), dimension (85*75*20mm), and weight (48 gm).
• This device costs around $100.48 and is available at Amazon.
• Features: provides the fastest speed and greater range.

(Source: futurecdn.net)

• TP-Link Archer TX3000E (best Wi-Fi 6 wireless adaptor)
• Specifications: frequency (2.4 GHz +5 GHz), dimension (95.2*120.8*21.5mm), and weight (481 gm).
• This device costs $60.23 and is available at Amazon.

(Source: futurecdn.net)

• Asus USB-AC68 (best for frequent travelers)
• Specifications: frequency (2.4 GHz +5 GHz), dimension (115*30*17 mm), and weight (44 gm).
• Features are easy to install and positional antennae.
• This device costs $156.20 and is available at Amazon.

Conclusion

As of today, after completing the article on Wireless Adapter Statistics it can be stated that the overall article provides a possible overview of the industry including market size, key players, shipment units, countries, types, etc. The wireless adapter includes several advantages and one of the best is this allows wired devices to pick up Wi-Fi signals. if still you are not using a wireless adapter yet, then must give it a try and you can buy it as per your preference. I hope all the above-explained statistics will help you in understanding the topic effectively.

The worldwide Bluetooth Shower Speakers Market for Statistics is anticipated to expand at an annual rate of 9.5 percent from 2022 until 2030. The market’s growth is due to the rising demand for wireless and portable speakers, increasing disposable income, as well as the rising trend of using smartphones in bathrooms.

Shower speakers must first be able to handle water splashes. This resistance is measured through the IP ( Ingress Protection) index, which must be listed in the description of the item. The most commonly used index will be that of the IPX4 index. It signifies how the gadget is secure from splashes.

Others offer better security, for instance IPX7. In this instance, the enclosure is submerged to a depth of one millimeter for an hour. [citation needed. Then it is considered water-proof. Certain models, which are rarer offer protection to index 8.

It is estimated that the Bluetooth Shower Speaker Statistics market is divided into segments according to type, use, and location. A water-resistant Bluetooth speaker can be connected with other devices that are connected, such as computers, phones tablet computers, iPods as well as other compatible devices that have Bluetooth connectivity. The waterproof function is assessed by an ingress protection (IP) rating. IP rating. It classifies and rates the level of protection against solids and liquids offered with electrical enclosures.

The frequent exposure of your speaker to salty or soapy water can cause damage to the surface of your speaker over time, particularly if it’s covered with cloth instead of silicone or other plastic. Some manufacturers suggest against placing speakers in areas that are hotter than 95degF (35degC) which is why it’s best to keep them out of direct contact with shower water if your water is hotter. It’s also recommended to make sure the ports on your speaker are clean before charging and using them.

Editor’s Choice

• The global market for wireless Bluetooth speakers was valued at approximately $6,988.3 million.
• Portable Bluetooth speakers led the market, accounting for 68.3% of it.
• Speakers with a power range of 11 to 30 Watts were the most popular, making up 61.6% of the market.
• For personal use, these speakers were the choice for 81.7% of consumers.
• Online platforms were the primary method of purchase.
• North America was at the forefront, generating 37.5% of the total market revenue.
• The trend towards portable audio solutions is boosting demand for these speakers.
• The main drawback is the limited battery life of these speakers.
• Integrating these speakers into smart home ecosystems presents new market opportunities.
• There is a growing preference for speakers that are easy to carry and durable.
• Notable companies include Bose Corporation, Sony Corporation, and Harman International.

Shower Bluetooth Speakers Market Analysis

(Source: mordorintelligence.com)

The Bluetooth Shower Speaker Statistics The market size is anticipated to increase by a staggering 11.56 billion as of 2022 to 31.84 billion by 2028. This will result in an annual growth rate of 18.43 percent over the forecast timeframe (2023-2028). The shift of consumer preference towards portable and wireless speakers over cables has led to increased demand for wireless speakers. In addition, the growing demand for battery-powered and low-maintenance equipment for outdoor use and the growing use of Bluetooth in audio and video industries are also driving up the demand for products.

• These speakers can be described as audio speakers that employ the same technology used in car radios. They are connected directly to audio and do not require wires. This allows the speaker to move around and still play an audio track. Recently, several technological advances have been seen in Bluetooth connectivity to improve the privacy and quality of sound. In May 2023, Promate introduced its very first Bluetooth speaker, called Glitz-L in India. The portable outdoor speaker improves listening experiences by incorporating Lumi Sound technology, bringing 360-degree surround sound and lighting effects that match each beat.
• Additionally, the advancement of lithium-ion batteries has assisted in the development of the portable Bluetooth speaker market greatly in allowing more playtime, without regular charging. The technology for quick charging and Power banks have helped boost demand for Bluetooth speakers by reducing the weight of the speakers and also dealing with charging issues.
• With the rising popularity of Bluetooth speakers available on the market, a variety of companies are launching new products on the market. For example in June 2022 Bose a major manufacturer of Bluetooth speakers, announced their Sound Link Flex, its new Bluetooth speaker that has a specially designed transducer.
• According to Bose this Bose Sound Link Flex maximizes clarity and delivers powerful bass, allowing customers to hear each instrument and voice. The company’s initiatives are expected to boost the market demand for Bluetooth speakers on the market over the next few years.
• Another factor that is driving the expansion of the Bluetooth speaker industry is the booming industry of recorded music. In the report of the International Federation of Phonographic Industry (IFPI) in 2022 the global recorded music market increased in value by 9.9%, fueled by the increase in subscription streaming.
• Additionally, as per the IFPI’s Global Music Report, in 2022 there were 589 million subscription account users, which significantly contributed to the revenue from subscription audio streaming which helped it grow to 10.3 percentage points up to USD12.7 billion. Since Bluetooth speakers are set to become an increasingly popular device to enjoy home entertainment, these trends are expected to continue to fuel the growth of the market.
• The home automation market is poised to expand, thanks to Bluetooth complete-home automation systems. Bluetooth mesh Bluetooth mesh will provide an efficient wireless connectivity platform that allows automated control of lights and smoke detectors, thermostats doorbells, cameras, and locks. However, the smart speaker has been positioned as a possible central control device for smart homes. Smart speaker sales are expected to increase multiple times over the next decade which could hinder the growth of the market.
• Additionally, there are technical issues with Bluetooth speakers, including the limitations on range, which can also hinder the growth of this market since even the most powerful portable Bluetooth speakers can’t guarantee that they can provide coverage that is as extensive as Wi-Fi. In the end, people experience signal loss when they move away from the speaker.

Application Insights

(Source: emergenresearch.com)

The music-related segment was the most popular in the market worldwide in the year 2019. Bluetooth technology allows users to stream wireless music from their smartphones and tablets straight into bathrooms. Speakers can connect to a tablet, smartphone, or laptop via the Bluetooth connection, and then play music with no wires. This is among the biggest advantages of these speakers since there is no requirement for an external device since everything is done via a tablet or smartphone.

The video and phone calls segment is anticipated to expand at a rapid pace over the forecast period due to the increasing usage of these devices among people around the world, particularly in emerging nations like India as well as China where the connectivity rates to the internet remain very high, however, the use rates for social media websites remain lower due to the ignorance about the benefits of it (such calling and making calls).

Speakers with Waterproofing Market Country-Level Analysis

(Source: technavio.com)

The Shower Speaker Market is studied in detail. Market size and volume data are given by location, country, charging technology kind of product as well as the technology and the sales channel, as mentioned previously.

The countries that are covered by the Shower Speaker Statistics market report include the U.S., Canada and Mexico in North America, Germany, France as well as France, Germany, the U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) within Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as portion of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as an integral part of South America.

North America dominates the Shower Speaker Statistics market due to the growth in the popularity of smart home products and also increasing use of audio systems with advanced technologies in nations like Canada as well as the US in the region. Asia-Pacific is the anticipated area of expansion of this Shower Speaker Statistics market due to the increase in the use of connected homes and smart devices, an increase in the advancement of technology in audio technology, and an increase in the demand for water-proof speakers with people living within this area.

The section on the country of the market for waterproof speakers report provides market-changing aspects and regulatory changes on the domestic market that influence the future and current developments that the industry is experiencing. The report also provides data points on consumption volume, production locations as well as volumes, analysis of import and export, trend analysis, the cost of raw materials, as well as the value chain between upstream and downstream analysis are a few important indicators that are used in forecasting the future market conditions for specific nations.

Additionally, the existence and the availability of global brands, as well as the challenges they face due to the abundance or lack of competitors from domestic and local brands, as well as the effects of tariffs in the domestic market, as well as trade routes are taken into consideration when giving forecast analysis of countries’ data.

The COVID-19 pandemic had a beneficial effect on the region’s Bluetooth speakers market. The bulk of the trade barriers on trade in North America were lifted in the aftermath of the introduction of COVID-19 vaccinations on a large scale to contain the epidemic ultimately contributing to a growth in the market from 2021. This market saw an increase in the demand and the sale of Bluetooth speakers between 2021 and 2022.

Product Launches and Product Expansions

• In July 2015, the Braven BRVX portable wireless Bluetooth speaker was created to appeal to boating and outdoor fans. This speaker features an integrated noise-cancelling microphone. It is also shock-absorbing with a rubber exterior.
• In July 2017, Bose Sound Link Revolve+ was Bose’s most efficient portable speaker. The speaker is awe-inspiring and delivers high-quality, rich, and amazing sound that covers the entire room. It’s waterproof with an IPX4 rating and can respond to voice commands. So it can make calls without hands or make use of Siri and Google Now.
• In August of 2019 in August 2019, the Sony XB40 Portable Wireless Speaker included two passive radiators that work in conjunction in conjunction with the two Full-range speakers. This helps increase the low-end frequency response.
• In October 2020, Apple unveiled the HomePod mini, the latest edition to the HomePod family of devices that offers impressive sound, the shrewdness of Siri to help you get things done, and an exceptional home experience that provides ease of use and convenience with no hassle. With only 3.3 inches it is a small device. HomePod mini is loaded with the latest technologies and software that enables computation-based audio to produce a dazzling audio quality no matter where it’s put.
• The announcement was made in March of 2021. JBL announced the new versions of its popular Bluetooth speakers, Boombox 2, and Go 3 along with Clip 4, in India. Its JBL Go 3 features a slim design. It’s easier to be carried around in a bag since it is light. Despite its size, it offers an excellent sound and batteries that last for a long time.
• In September 2021, Fugoo Style XL by Boat durable, tough, and weatherproof Bluetooth Speaker has the full spectrum of sound through 8 drivers that are symmetrically placed.

Market Segments

The market is classified by type (Smartphones Tablets, Smartphones) as well as by Application (Listening to Music, a Loudspeaker for Phone Calls and Videos Calls). The companies profiled in this report include:

• iHome –  iHome is a name brand for audio devices that are made to allow you to listen to your music, stream TV, and so on. iHome has a broad range of audio products, including speakers as well as other accessories.
• Altec Lansing – The Altec Lansing annual revenues were $271 million in 2023.
• Cambridge SoundWorks – Cambridge SoundWorks was established in 1987 to develop and produce premium audio equipment that could be sold directly to consumers. From the beginning the company’s successes were important and its products earned praise from the critics. The company was initially an innovative direct marketing company and then grew into the catalog division. Cambridge SoundWorks opened its first retail showroom in Newton, Massachusetts in 1991.
• Philips – Koninklijke Philips revenue for the month that ended 30 September 2023, was $4.866B that’s which is a 9.47 percent increase over the previous year. Koninklijke Philips revenue for the 12 months that ended September 30th, 2023 was $14.213B which is an increase of 27.6 percent decrease from year to year.
• The HMDX – wireless connection is simple and all you have to do is hit the power button for 3 minutes to connect it to your phone or another Bluetooth device. Its HMDX Bluetooth Speaker can also be carried around since it can be taken with you to a dance party as far as 30 feet away from the wireless signal.
• Ilive –  Digital Products International Inc. In 1971 Digital Products International Inc.’s headquarters and distribution center was housed in a modern, 330,000-square-foot facility located in the heart of downtown Saint Louis, Missouri.
• Typo –  International has 69,000 employees and the ratio of revenue per employee is $251,594. Tyco International’s highest revenues were $17.4B in 2022.
• Pyle – Pyle USA (Pyle) is a Brooklyn New York-based business that manufactures battery chargers for small battery systems portable air conditioners coolers, dehumidifiers, and small audio equipment.
• ION – The revenue of ION EXCHANGE was 16194 million in FY22. This was an increase of 9.2 percent in comparison to 14 826 rupees million reported in FY21. The revenue of ION Exchange has increased from 10 579 rupees in FY18 to Rs 16,194 million during Fiscal year 22. In the last five years, the ION EXCHANGE’s revenue has increased at a rate of 11.2 percent.
• Soundfreaq –  When Target decided to introduce our Soundfreaq products The brand quickly grew. In 2014 the Soundfreaq line was seeing an annual growth rate of double-digits and eventually attained global distribution in addition to the equivalent of $30 million in revenues.

Conclusion

Nowadays, it is impossible to throw an appropriate party without a great speaker. With the demand from consumers for speakers increasing this industry is predicted to expand steadily. The market for speakers offers many different items, ranging from audio systems for homes that give an all-encompassing listening experience and wireless speaker systems that play music whenever you want. In addition with smart homes becoming more widespread, smart speakers are also increasing in popularity.

Air Fryer Statistics: The world is evolving with advanced technology, which has made everyday life easier for billions of people as it allows them to complete day-to-day chores within a few minutes. During the outbreak of the COVID-19 pandemic, people started doing all work and activities from their homes and from where the demand for the Air Fryer market has gained huge popularity. The main concept of air fryer users can cook food easily with limited oil consumption. Factors that are responsible for the growth of this market are less cooking time, less oil consumption without any mess, along an advanced and efficient heating system which is cost-saving too.

If still, you are unaware of the facts about air fryers! Then no worries this Air Fryer Statistics article will guide you in understanding the global market of air fryers as it includes insights from various aspects that provide light on how fast the market is growing around the world.

Editor’s Choice

• The global sales of air fryers are expected to reach about $5.67 billion by the end of 2023.
• Sales are predicted to grow by 10.90% annually from 2023 to 2028.
• The United States is likely to generate the most sales, totaling $1,451 million in 2023.
• On average, each household is expected to spend $2.57 on air fryers in 2023.
• By 2028, the total number of air fryers sold worldwide is expected to hit 106.50 million units.
• The annual increase in the number of air fryers sold is estimated to be 10.2% by 2024.
• The expected average number of air fryers per household is about 0.03 units in 2023.
• Manual and residential air fryers are the leading categories, with annual growth rates of 7.7% and 7.8% from 2023 to 2033, respectively.
• The top three countries importing air fryers are the United States (90,295 units), India (5,595 units), and the Philippines (2,927 units).
• The leading countries exporting air fryers are China (102,047 units), Thailand (2,037 units), and Hong Kong (1,927 units).

What is an Air Fryer?

An air fryer is a currently preferred cooking appliance or termed a counter top appliance that helps in simulating deep frying even without dipping the food into oil.

The main advantages and features of air fryers are helps in consuming less fat, safer than deep-fried dishes, allow the production of more crispy and flavored food, require less cooking time, are easy to clean, and have less maintenance cost.

Facts About Air Fryer

• The average wattage of a normal air fryer is almost 1425 watts.
• Whereas, the wattage ranges of most air fryers are between 800 watts to 2175 watts.
• Air fryers help in reducing 70% of fats and calories as compared to traditional fryers.
• As of 2023, Xiaomi has launched MIJIA Smart Air Fryers 3.5L, which costs 399 Yuan.
• Chefman has launched an 8-quart TurboFry Touch Air Fryer, which costs $67.49.
• Smart air fryers are segmented into Wi-Fi and Bluetooth air fryers, around 42% and 58% of Americans are familiar and not familiar respectively with this type of fryers.
• Top companies of air fryers are Grope SEB, SharkNinja Operating LLC, Cuisinart, Go Wise USA, NuWave LLC, De Longhi, Newell Brands, German Pool Group, etc.
• In 2023, almost 60.2% preferred conventional air fryers over smart air fryers.
• Almost 71.5% of Wi-Fi and Bluetooth-implemented air fryers have impacted the cooking experience of users.

General Air Fryer Statistics

• According to future market insights analysis, in 2023 the Air Fryer market is holding a share of $896.5 million.
• The market share of the Air Fryer is expected to reach $1.9 billion with a CAGR of 7.7% from 2023 to 2033.
• From 2024 to 2032, the market is expected to grow at a CAGR of 7%.
• According to Global News Wire reports, in 2023, the expected global air fryer market is going to reach $1.7 billion with a CAGR of 7.5% from 2023 to 2030.
• As of 2023, in the United States, 93% of conventional air fryers are available.
• The Asia-Pacific air fryer market is going to be $2.25 billion along with a growth rate is going to be 9% from 2023 to 2028.
• The main obstacle to owning an air fryer is limited counter space 45% and lack of necessity (39%).
• As of 2023, import and export shipment of air fryers around the world is 114.5K with 5983 buyers and 5,889 suppliers.

By Revenue

(Reference: statista.com)

• The global revenue earned by Air Fryers is expected to reach around $5.67 billion by the end of 2023.
• Furthermore, in coming years revenue shares are expected to increase followed by 2024 ($6.38 billion), 2025 ($7.12 billion), 2026 ($7.89 billion), 2027 ($8.69 billion), and 2028 ($9.51 billion).

By Types

(Reference: cheflolaskitchen.com)

• In 2023 there are two different types such as conventional and smart air fryers.
• As per survey reports, 93.4% of people own conventional air fryers.
• Whereas, 4.9% of people have Wi-Fi or Bluetooth-enabled air fryer and 1.7% of people own both types.

By Category-Wise

• The air fryer market is segmented by types of products and applications.
• As of 2023, based on the channel the manual air fryers are expected to grow at a CAGR of 7.7% from 2023 to 2033.
• The residential segment is going to grow by 7.8% from 2023 to 2030.

(Source: futuremarketinsights.com)

• As of FMI reports, the commercial air fryer oven market is supposed to be $1,200 million in 2023 and $2,273.8 million by the end of 2033 with a CAGR of 6.6%.
• In the United States, the market share of commercial air fryer ovens is expected to reach $310.1 million by the end of 2023.
• In the year 2023, Europe will have the biggest market share of 40%.

By Country

Air Fryer Market Country-wise Insights

(Source: futuremarketinsights.com)

• As of 2023, the United States of America is going to dominate the market of air fryers around the world resulting in $233.8 million and $453.4 million by 2033, with a CAGR of 7.5% (2023-2033).
• Furthermore, other countries market shares in 2023 are followed by United Kingdom ($89.6 million), Germany ($71.9 million), China (49 million), and India ($57.4 million).
• By the end of 2033, China is going to account for a market share of 7.6% of CAGR.

By Region

(Source: mordorintelligence.com)

• According to Mordor Intelligence, revenue generated by the Asia-Pacific air fryer market is expected to be $2.25 billion.
• Whereas, the growth rate is going to reach a CAGR of 9% from 2023 to 2028.

(Source: mordorintelligence.com)

• In 2023, the market valuation of the North American air fryer market is going to reach $1.45 billion and the market growth is going to be 8.79% from 2023 to 2028.
• In the European region, the market valuation is supposed to be $1.40 billion in 2023 with a CAGR of 9.56% between 2023 to 2028.

By Average Revenue Per Household

(Reference: statista.com)

• In terms of the total number per household, revenue is expected to be $2.75 by the year 2023.
• Furthermore, the average revenue per household is followed by 2024 ($2.85), 2025 ($3.14), 2026 ($3.43), 2027 ($3.72), and 2028 ($4.01).

By Volume

(Reference: statista.com)

• The market volume of air fryers is supposed to reach 133.4 Million pieces units and 2.5% volume growth by the end of 2023.
• In the coming years, the market volume of the industry is followed by 2024 (70.63 million pieces), 2025 (77.80 million pieces), 2026 (92.18 million pieces) 2027 (99.33 million pieces), and 2028 (106.50 million pieces).

By Website Traffic

(Source: similarweb.com)

• As of November 2023, the United States of America had 17.46% of total traffic on airfryerhealthy.com, but it recorded a decrease in total website visitors by 6.12%.
• Other countries recorded the following contribution in total traffic India = 7.31% (+12.69%), Vietnam = 6.69%, Finland = 6.58% (+29.07%), Mexico = 6.57% (+10.7%) and other countries collectively made around 55.39%.

Challenges Faced While Buying Air Fryers

(Source: cheflolaskitchen.com)

• Several reasons are diverting people’s mindset of adopting this technology.
• In the United States, 45% of survey respondents said they have limited counter space in their kitchen; other reasons are followed by lack of necessity (39%), too expensive (31%), presence of too many other appliances (29%), lack of knowledge (24%), and others (16%).

By Shipments

• The import and export shipment of air fryers around the world is 114.5K with 5983 buyers and 5,889 suppliers in 2023.
• Top importers of air fryer shipments are followed by the United States (90.295), India (5,595), and the Philippines (2,927).
• The top 3 product categories that are imported around the world are HSN Code 851660, HSN Code 85169000, and HSN Code 85166090.
• Top exporters of air fryer statistics by shipments are followed by China (102,047), Thailand (2,037), and Hong Kong (1,927).
• The top 3 product categories that are exported around the world are HSN Code 851660, HSN Code 85166090, and HSN Code 85169000.

Global Buyer and Suppliers of Air Fryer Statistics by Country

• As of reports, in 2023 there are 5983 buyers available spread over 129 countries.
• Top country buyers are followed by the United States (2043), India (375), Ecuador (354), Ghana (322), Philippines (307), Vietnam (299), and Pakistan (297).
• Top country suppliers are followed by China (3680), the United States (396), South Korea (267), Hong Kong (173), India (157), United Kingdom (132), United Arab Emirates (124), South Africa (111), Singapore (91), Turkey (75), Panama (62), and Vietnam (56).

Best Air Fryer in The Global Market, 2023

(Source: howl. me)

• Instant Vortex plus Air Fryer Oven with Clear Cook (overall best)
• The preset modes include air frying, baking, preheating, broiling, and dehydrating.
• This is easily available at Walmart and costs $139.79.

(Source: affiliate.insider.com)

• Beautiful 6-quart touch screen air fryer Drew Barrymore (best valued).
• Preset modes include air frying, roasting, reheating, and dehydrating.
• This is easily available at Walmart and costs around $69.

(Source: affiliate.insider.com)

• Ninja Foodi 10 Quart 6-in-1 Dual Zone 2 Basket Air Fryer (best for large capacity).
• Preset modes include air frying, baking, roasting, air broiling, reheating, and dehydrating.
• This cost $299 but Amazon is giving a 35% discount, which is now available at $149 (10-quart size).

(Source: affiliate.insider.com)

• Dreo Aircrisp Pro Air Fryer (best for small size)
• Preset modes include French fries, steak, chicken, fish, bread, vegetables, reheat, and dehydrate.
• This is easily available at Amazon and costs $65.

Conclusion

After completing the article on Air Fryer Statistics, it can be stated that this market is revolutionizing in such a way that people now can cook fried food with less oil and within a short period. With the advancement of technology, the popularity of air fryers is enhancing across the world along with offering several health benefits, reducing the risk of cardiac problems as well as cancer-causing chemicals.

If still you are using an air fryer then you must go for one as per your preference. In this article, I have included some of the best air fryers available around the world, and hope all the above statistics will help you understand the topic effectively.

Electric Scooters Statistics: The demand for electric scooters has increased since 2018. Still, after the Russia-Ukraine war, the market boomed enormously due to rising fuel prices, which was one of the critical factors influencing the higher adoption rates of e-scooters. Hundreds of global manufacturers are inventing new electric scooter models yearly, including many features, types, and budget-friendly ones. This Electric Scooters Statistics includes several insights on current trends that will guide you effectively, and in the coming year, the market is expected to continue its growth trajectory.

Editor’s Choice

• As of 2023, the global electric scooter market has accounted for $37.07 billion and will grow by $78.65 billion by 2030, with a compound annual growth rate of 9.9% from 2023 to 2030.
• The electric scooter market accounted for an 8% share of overall 2-wheelers in 2023.
• The estimated market growth of global e-scooters will grow at a CAGR of 9.38% from 2023 to 2027, resulting in sales units of 4,261.82 thousand.
• The top startup companies of e-scooters, such as Like, Bird, Lime, etc., will make incredible growth of 7.3% CAGR.
• According to electric scooter statistics, e-scooters earn $3.65 per ride, and the per-minute charge is $0.15.
• In countries such as the United States, Latin America, Canada, and Europe, the overall revenue of electric scooters has increased by 21% in 2023, resulting in approximately $5 billion.
• By the end of 2023, electric scooter and motorcycle sales in India will have created a new record with 866.853 sales and a 33.5% sales growth.
• According to a Statistics report analysis, as of 2024, revenue earned by The e-scooter-sharing market will be $2,041 million.
• The top electric scooter manufacturers are Segway-Ninebot, Xiaomi, Kixin, Okai, and Hiboy, accounting for 80% of the global market share.
• Country-wise usage percentage of e-scooter sharing from April 2022 to March 2023, in which Vietnam secured a 17% market share.

Facts About Electric Scooters

• The high demand for electric scooter services has increased since 2020, with sales units of around 50 million.
• According to a survey organized by Populus, almost 70% of respondents have reviewed positive views about e-scooters.
• Significant players in electric scooters are Segway-Ninebot, Inmotion, Razor, E-TWOW, EcoReco, Airwheel, Glion Dolly, Jrtson, Xiaomi, etc.
• The three most prominent marketers of electric scooters are China, India, and South East Asia.
• Recently, e-scooters were believed to be manufactured with rechargeable batteries with better capacities.
• The designs of electric scooters are now more straightforward and practical, in which frames are made up of steel, fiber, carbon, and titanium.
• Usually, a single e-scooter weighs between 13.9 kg and 15.2 kg.

General Electric Scooters Statistics

• According to research published by Grand View Research Inc., by the end of 2030, the global market of electric scooters is expected to reach $41.98 billion and will go a CAGR of 8.5%.
• By that time, the Asia Pacific will dominate the worldwide market of e-scooters worth up to $26.25 billion.
• It is also expected that by 2028, global sales of e-scooters will reach above 129 million units.
• Meanwhile, worldwide e-scooters and motorcycles will reach $13,864 million by 2025.

(Source: technavio.com)

• The Asia Pacific region will contribute % a growth rate of 81% from 2023 to 2027.
• As of 2028, the worldwide electric scooter market is predicted to reach $37.44 billion, with a growth rate of 13% CAGR from 2022 to 2028.

(Source: mordorintelligence.com)

• The worldwide electric scooter and motorcycle market size in 2024 will approach approximately $1.03 billion.
• By 2029, the market valuation will reach $1.40 billion at a CAGR of 6.43% from 2024 to 2029.

Electric Scooter Statistics by Market Valuation

(10-Year Analyses From 2021 to 2030)

(Reference: statzon.com)

• The market value of global electric scooters in 2023 will account for $76,335 million and reach above $94,536 million by the end of 2024.
• Furthermore, in coming years, global electric scooter market valuations are followed by 2025 ($117,562 million), 2026 ($146,669 million), 2027 ($183,922 million), 2028 ($233,385 million), 2029 ($299,670 million), and 2030 ($389,007 million).

Electric Scooter Segmental Analysis

• The hub drive motor type is expected to dominate the electric scooter market with a share above 70%.
• On the other hand, the belt chain type segment will grow at a CAGR of 11.2% from 2023 to 2030.
• The electric scooter market is classified into commercial and personal use based on end-use. In the above forecasted period, the personal use segment will dominate by 60% global share in the e-scooter market.
• The commercial segment’s annual growth will be approximately 12.7% (2023- 2030).
• The 48V is the fastest-growing category based on voltage; almost 70.4% of income was generated.
• The fastest growing power output segment in the North American e-scooter market is 20KW to 100KW, with an annual growth rate of 37.4% CAGR.

Electric Scooter Investor Statistics

• The top investor in e-scooters is Lime, resulting in a total capital raised of around $455 with a valuation of $1000.
• Other investors and their raised capital in the e-scooter market are Bird ($415), Grin and Yellow ($270), Vogo ($110), Flash ($63), VOI Technology ($53), Skip ($31), Tier Mobility ($29), Dot1 ($23), Wind Mobility ($22), Spin ($8), and Beam ($6.4).

Indian Electric Scooter Statistics

• In 2023, electric scooter and motorcycle sales will create a new record with 866.853 sales and a 33.5% sales growth.
• As of December 2023, the market leader Ola Electric accounted for a share of over 25%, resulting in 228.700 units of sales, i.e., 110.4% annual sales share.
• Other companies sales share of e-scooter are TVS Motor (210.2%), Ather (116.2%), Bajaj Auto (202.9%), Hero Electric (-53.4%), Ampere (-29.6%), and Okinawa (-71%).

(Source: autocarindia.com)

• According to Auto car India electric scooters statistics, As of July 2023, total domestic sales of electronic two-wheelers are Ola Electric (18,333 units), TVS (9,599 units), Ather Energy (6,198 units), Bajaj Chetak (3,912 units), Okinawa (2,138 units), Ampere (1,343 units), Vida (951 units), and Hero Electric (759 units).

8-year Analyses From 2023 to 2030

(Reference: statista.com)

• The penetration rate of electric scooters in India in 2023 was 13% and is supposed to approach 19% by 2024.
• In coming years, predicted penetration rates are followed by 2025 (26%), 2027 (42%), 2028 (52%), 2029 (63%), and 2030 (75%).

The United States Electric 2-Wheeler Statistics by Type

(Reference: statista.com)

• In the United States, the electric-powered two-wheeler market is segmented into electric bicycles, scooters, and motorcycles.
• As of 2024, the sales of e-bicycles are expected to be highest, resulting in 278,974 units.
• The e-scooter sales will be 21,756 units, and e-motorcycles will be 37,667 units.
• In the United States of America, cities with a positive perception share of e-scooters are followed by Atlanta (79%), Austin (76%), Denver (76%), Chicago (75%), DC (72%), Los Angeles (71%), San Jose (69%), Seattle (68%), New York City (67%), and San Francisco (52%).

Electric Scooter Statistics by Demographics

• Across the world, the maximum usage share of e-scooters comes from men (52%), women (43%), and others (5%).
• Regular users share of e-scooter based on age group are followed by 18-24 years (6%), 25-34 years (44%), 35-44 years (27%), 45-54 years (11%), above 65 years (7%), others (5%).
• Based on income, 75% of people having e-scooters earn between $25K to $50K annually, 72% (under $25K), 69% ($50K to $100K), 66% ($100K to $200K), and 64% (above $200K).
• E-scooter users share statistics by race/ethnicity: Non-Hispanic (67%), Hispanic (10%), African American (5%), Asian (3%), and others (17%).

Electric Scooter Statistics by Geography

• By 2030, the Asia Pacific region will register the largest market share of e-scooters, resulting in $162 billion with a CAGR of 23%.
• Meanwhile, the market share is projected to reach $13.07 billion in the North American region, with a CAGR of 25.6%.
• The European region’s market share of electric scooters is expected to grow at a CAGR of 15.5% from 2021 to 2028.
• The compound annual growth rates of the market share from 2023 to 2033, based on countries, are The United States (9%), The United Kingdom (8.9%), Germany (8.8%), China (8.7%), and India (8.5%).

E-Scooter Sharing Statistics

• According to a Statistics report analysis, as of 2024, revenue earned by The e-scooter-sharing market will be $2,041 million and $3,045 million by 2028.
• The annual revenue growth rate is projected at a CAGR of 10.52% from 2024 to 2028.
• By 2028, the total number of users should reach above 143.40 million.
• Meanwhile, predicted user penetration in 2024 and 2028 will be 1.3% and 1.8%, respectively.
• As of 2024, the United States of America will generate the highest revenue share, resulting in $768 million.

(Source: statista.com)

• The above graph describes the country-wide usage percentage of e-scooter sharing from April 2022 to March 2023, in which Vietnam secured a 17% market share.
• Furthermore, other countries are followed by Sweden (16%), Denmark (13%), Egypt (13%), Australia (10%), France (9%), United Kingdom (8%), the United States (8%), Italy (8%), Canada (5%), Japan (2%), and Argentina (2%).

Electric Scooter Batteries Market Statistics

(Reference: maximizemarketresearch.com)

• The electric scooter battery market is expected to surpass $9.93 billion by the end of 2029, with an annual growth rate of 20.86% from 2023 to 2029.
• As of 2023, the lithium-ion battery has the largest market share, accounting for 14.2% CAGR, resulting in $56.8 billion, and it is expected to project $187.1 billion by 2032.
• Meanwhile, the usage of lithium-ion batteries in the Asia Pacific region held a share of 28.67% in 2023.
• By the end of 2028, the global annual growth rate of scooter batteries will expand in North America and Asia Pacific at a CAGR of 24% and 25%, respectively.

Electric Kick Scooter Statistics

• The worldwide market size of electric kick scooters in 2023 will cost $4.90 billion.
• The market is expected to reach $12.18 billion by 2030, and the growth rate is supposed to be 13.9% CAGR from 2024 to 2030.
• The Asia Pacific achieved the region’s highest market share, with 75.2% in 2023.
• The hub drive segment is the dominating segment based on drive, which has accounted for more than 92% of the share.
• Meanwhile, the personal end-use segment led over the commercial segment, resulting in a 60% market share.

Electric Scooter Accident Statistics

• 48% of e-scooter riders were injured and were aged between 18 and 29 years.
• 33% of first-time e-scooter riders have sustained injuries in 2023.
• Electric scooter users don’t wear helmets, but only 5% wear helmets on every ride.
• After injuries, 38% of people claimed they would again ride e-scooters.
• Almost 80% of deaths occurred because of car accidents.
• Other accident statistics are dangerous roadways (20%), sudden falls (80%), and absence of a helmet (95%).

Future Market Size Statistics

• A report published by McKinsey and Company states that by the end of 2030, the electric scooter industry’s market size is predicted to rise.
• In the United States, the market size will be between $200 billion and $300 billion.
• Furthermore, other countries’ market valuations are supposed to be in Europe ($100 – $150 billion) and China ($30 – $50 billion).

Best E-Scooters in 2024

• GoTrax GMax Ultra Electric Scooter (costs $649 at Amazon)
• InMotion S1 Electric Scooter (available at Amazon costs $699).
• Swagtron Swagger 5 Boost ($$48 at Amazon)
• E-Twow GT SE (available at eWheels and costs $895)
• Unagi E500 (costs $990 at Best Buy)

Conclusion

According to Electric Scooters Statistics, electric scooters have several benefits as they are affordable, eco-friendly, and convenient modes of transportation. Global people have been investing considerable amounts in this market recently; thus, the overall market is gaining immense popularity. E-scooters can reduce environmental impacts as they use batteries instead of fuels. These statistics have included all recent analyses of different segments, such as market share, type, demographics, geography, accidental analyses, and future statistics. Go thoroughly through the article to get a clear and basic idea about the global market.

Portable Ice Maker Statistics: As of reports, the global market size of Portable Ice Maker is going to reach around $2410.76 million by the end of 2030 at a CAGR of 6.54% from 2022 to 2030. The ice makers are mostly applicable in commercial areas such as restaurants, hotels, convenience stores, etc so that they can enable a steady supply of ice for numerous purposes.

The market came into demand and grew significantly with the increasing consumer preferences for cold beverages during summer. This Portable Ice Maker Statistics is going to cover all essential aspects of this industry such as market shares, players, revenue share, uses, market by types, application, geography, etc.

Editor’s Choice

• Market Size Projections (2029): Maximize Market Research forecasts the market size to reach around $6.65 billion by 2029, growing at a CAGR of 5.12% from 2023 to 2029. This growth indicates a strong and steady demand for ice makers in various sectors.
• Dominance of Ice Cube Makers: In both market share and growth potential, ice cube makers lead the segment. Accounting for over 50% of the market, they are expected to grow at a CAGR of 6.1% by 2029. This dominance can be attributed to their widespread use in both commercial and residential settings.
• Market Valuation (2023): According to Imarc market research reports, the global ice maker market is valued at $5.1 billion in 2023. This valuation reflects the current demand and the incorporation of technological advancements in ice maker manufacturing.
• Long-Term Market Growth (2032): The market size is predicted to reach $7.3 billion by 2032, growing at a rate of 4.1% from 2024 to 2032. This suggests a continued expansion of the market, albeit at a slightly slower pace.
• Food Service Segment’s Market Share (2023): As per Cognitive Market Research, the food service segment holds the largest market share for commercial ice makers, accounting for 40%. This is likely due to the essential role of ice makers in restaurants, cafes, and other food service establishments.
• Regional Market Leader (APAC, 2028): In the Asia-Pacific region, China is expected to dominate the market with a value of $255.9 million by 2028. This leadership position can be linked to the large-scale industrial and commercial activities in China, coupled with growing hospitality and healthcare sectors.

(Reference: maximizemarketresearch.com)

What is a Portable Ice Maker?

The portable ice makers are specially designed cooling chamber system that helps in freezing water within a few minutes and can generate varying amounts of ice. The effective advantage of portable ice makers is that these devices don’t require any plumbing and installation process.

Benefits of Portable Ice Makers

• The portable ice makers allow for making faster ice than a freezer does.
• Enable in generating enough amount of ice for enjoying a party.
• People don’t have to worry about stinky ice as ice-like freezers as this portable ice is directly prepared from a self-contained machine.
• User can choose the size and shape of ice as their preference.
• This ice maker does not require any water line hookup.
• Lastly, the ice generated from portable ice makers is perfectly chewy.

Facts of Portable Ice Makers

• According to the PR by Global Newswire, the global market size of countertop ice dispensers is going to reach $491 million by the end of 2023 and the market growth is projected to reach at a CAGR of 6.3% from 2023 to 2033.
• In 2023, the market size of cooled ice makers was $1.86 billion and $3.03 billion by the end of 2033 with a CAGR of 5% in the forecast period.
• The global market size of under-counter ice maker markers is expected to value around $774.5 million by 2023 and $1,135.4 million by 2033 with a CAGR of 3.9% from 2023 to 2033.
• The global air-cooled cube ice maker market value is expected to be 41.68 billion by the end of 2023 and $3.63 billion by the end of 2033 with a CAGR of 8% from 2023 to 2033.
• Whereas, during the same forecasted period the global commercial ice makers market size is predicted to grow at a CAGR of 3.50%.
• Material used in the manufacturing of portable ice makers is metal, plastic, rubber, fiberglass, and others.

General Statistics

• According to MarkNtel Advisors reports, in 2023 an innovative countertop home ice maker was launched by Wintersmiths known as Juniper. This device can generate automatic clear bar-quality ice and within 24 hours it can produce 12 large clear spheres, 12 large clear cubes, and 96 small clear cubes.
• The portable ice maker market is expected to grow at a CAGR of 4.5% from 2023 to 2028.
• The leading key players of the portable ice makers are Euhomy, Houzz, Frigidaire, Vremi, Manitowoc, IKICH, Maxxlce, etc.
• According to the reports of Technovio, by the end of 2027, the North American region contributed a market share of 35%.
• In 2023 around the world, most portable ice makers were imported from China, the United States, and South Korea.
• The most portable ice makers export from the United States, India, and the Philippines

Portable Ice Marker Statistics by Type

• The industry is important segmented into Ice Cube Maker, Ice Flake Maker, Ice Nugget Maker, and others.
• The largest market share was achieved by the segment of portable ice cube makers accounting for more than 50% in 2023, which is expected to grow at a CAGR of 6.1% by 2029.
• Whereas, the segment of Ice Flake Maker is expected to reach a CAGR of 5.3% from 2023 to 2029.
• According to the reports of Global Newswire, in 2023 the global market share of Nugget Ice Maker is expected to reach up to 60% to 65%.
• Whereas, by the end of 2033 the market is supposed to be $133.9 million by 2033 and the market will grow at 5.16% from 2023 to 2033.
• The market of nugget ice maker market is increasing as 85% of North American people prefer drinking alcoholic beverages.

Portable Ice Marker Statistics by Application

• The portable ice maker market is segmented into food service, retail, healthcare, residential, etc.
• According to Maximize Market Research, the largest market share was accounted for by the food service segment with 36.84% in 2022.
• As of Cognitive Market Research, as of 2023, the food service segment is accounting for the largest market for commercial ice makers with a 40% share.
• From 2023 to 2030, in the ice maker market, the healthcare segment is expected to grow at a CAGR of 5.93%.

Statistics by Geography

(Source: technavio.com)

• According to the reports of Data Bridge Market Research analysis, the largest market share of the portable ice maker market in the North American region is expected to reach $831.35 million by the end of 2030.
• Whereas, the growth rate of the region is expected to reach a CAGR of 2.80% from 2023 to 2030.
• According to the reports of Technovio, by the end of 2027, the North American region contributed a market share of 35%.
• According to Data Bridge Market Research, by the end of 2029, the market valuation of portable ice makers in Europe is going to be $680.78 million
• As of KBV Research reports, the market growth is going to be 4.2% of CAGR from 2022 to 2028.
• According to the reports of Research and Market, the Asia Pacific portable ice market is going to grow at a CAGR of 5.4% from 2022 to 2028.
• In the region of APAC by the end of 2028, the China market is dominating with a market value of $255.9 million.
• The estimated market growth of Japan and India is expected to grow at a CAGR OF 4.8% and 6.1% respectively from 2022 to 2028.

Ice Maker Website Traffic by Country

(Source: similarweb.com)

• As of November 2023, Mexico had a 17.99% of total traffic on icemakers.com.au.
• Other countries contribution in total traffic are followed by the United States of America = 16.79% increased by 5.07%, Russia (16.56%), Australia = 15.01% (+10.11%), and Indonesia (11.68%)
• Furthermore, other countries collectively made total website traffic almost 21.96%.

Portable Ice Marker Statistics by Shipments

The global market for portable ice makers, as outlined in Volza’s Global Reports 2023, shows interesting trends in import and export activities. Key insights include:

Total Imports and Market Players:

• • Import Shipments: Worldwide, there were 728 shipments of portable ice makers.
  • Importers and Suppliers: These shipments involved 152 importers and 136 suppliers, indicating a diverse and global supply chain.

Leading Importing Countries:

• • United States: Dominates with 660 shipments, reflecting high consumer demand.
  • India: Imported 19 shipments, indicating a growing market.
  • Philippines: With 16 shipments, showing emerging market potential.

Primary Import Product Categories:

• • HSN Codes: The top categories are HSN Code 841869, HSN Code 950670, and HSN Code 84186910. These codes represent specific types of portable ice makers and their parts, highlighting the variety and specialization in the market.

Top Exporting Countries:

• • China: Leads with 678 shipments, showcasing its manufacturing strength.
  • United States: Exported 23 shipments, indicating both domestic demand and export capabilities.
  • South Korea: With 10 shipments, showing its role in the global market.

Major Export Product Categories:

• • HSN Codes: Similar to imports, the leading categories for exports are HSN Code 841869, HSN Code 84186910, and HSN Code 950670. This mirrors the import trends and reflects the global demand for these specific types of ice makers.

These points highlight the significant role of the United States and China in the portable ice maker market, both as major importers and exporters. The variety in HSN codes indicates a range of products being traded, catering to different market needs and specifications.

Best Portable Ice Maker Statistic by Rank

#1. Frigidaire EFIC189 Compact Ice Maker (overall best)

Features are 15*11*14.5 inches, generates 26 pounds of bullet size ice in 24 hours (1 glass of ice just in 10 minutes), and the cost of this device is $169 available at Amazon.  

(Source: travelandleisure.com)

#2. Free Village Ice Maker Machine for countertop (most durable)

Features are 13.9*9.5*13 inches, generates 26 pounds of bullet-size ice in 24 hours (for generating 9 pieces of ice the device takes 5-8 minutes), and cost$180 available at Amazon

(Source: travelandleisure.com)

#3. Silonn Countertop Ice Maker (Easiest to transport)

Features are 8.7*12.3*12.5 inches, generate 26 pounds of bullet-size ice in 24 hours (size and color of ice cubes are inconsistent), and cost $90 (Amazon) / $145 (Walmart).

(Source: travelandleisure.com)

#4. Igloo Electric Countertop Ice Maker Machine (easiest to use)

Features are 17.1*12.2*14.4 inches, generates 26 pounds of bullet size ice in 24 hours, and costs $130 at Amazon and $110 at Walmart.

(Source: travelandleisure.com)

#5. Koolatron Automatic Digital Control Ice Machine (most compact)

Features are 12.8*9*12.2 inches, generate 26 pounds of bullet ice in 24 hours, and cost $146 at Walmart and $186 at Wayfair.

(Source: travelandleisure.com)

Conclusion

As of today, after completing the article on Portable Ice Maker Statistics it can be said that the market is enhancing steadily around the world. The portable ice makers are the smallest and fastest icemakers available in the global market and they mostly generate bullet-shaped ice whose appearance is opaque and cloudy.

As of several report analyses by the end of 2023, the global valuation of the portable ice maker market is going to reach around $5.1 billion and is expected to grow more in the coming year. This article includes as many as possible statistics about the portable ice maker market, which I hope will help in understanding the topic effectively.

Electric Kettle Statistics: As of the report analysis, global market revenue earned by the Electric Kettle industry is expected to reach $5.51 billion by the end of 2028. Since technological developments, the market of electric kettles has been expanding enormously around the world. The factors that are driving the overall market are growth in the kitchen appliances industry, the rising popularity of electric kettles, and global consumer preferences are increasing towards energy-saving technologies. This Electric Kettle Statistics is going to cover all essential aspects of this industry such as revenue shares, players, revenue share, uses, market by types, application, geography, etc.

Editor’s Choice

• Market Valuation (2023): Statista reports a projected global market value of approximately $4.29 billion for Electric Kettles.
• Long-term Market Size (2031): According to Growth Market Reports, the market size is expected to reach $27.09 billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 4.5% from 2023 to 2031.
• Market Growth (2023-2028): The sector anticipates a growth rate of 5.13% CAGR during this period.
• China’s Market Contribution (2023): China is poised to generate the highest revenue, estimated at $1,119 million.
• Per Household Revenue (2023): The average revenue per household for electric kettles is expected to be around $1.95.
• Market Volume Projection (2028): The volume of Electric Kettles is forecasted to reach 149.4 million units.
• Volume Growth (2024): A 2.4% growth in market volume is anticipated.
• Average Volume Per Household (2023): Projected to be 0.06 units per household.
• Sales Channels Distribution (2023): The industry sees a division between offline (71.1%) and online (28.9%) sales channels.
• Cultural Impact in China: Electric kettles have become an essential household item in China, particularly due to the tea-drinking culture, complemented by the availability of advanced and stylishly designed kettles.

What is an Electric Kettle?

An Electric Kettle is an electronic device that is used for boiling water for preparing tea, coffee, soups, and various beverages. This device is mostly used as a kitchen appliance available with innovative features such as an adjustable backlight, remote control ability, power consumption monitors, schedules heating features, etc.

General Electric Kettle Statistics

(Source: mordorintelligence.com)

• Market Value Projections (2029): Global News Wire predicts the market to reach $18,020 million by 2029, expanding at a CAGR of 3.85% from 2023 to 2029.
• Product Features: Electric kettles typically offer features like variable water temperature settings, the option of being cord or cordless, an average power usage of 1500 watts, and a standard capacity to hold 6-8 cups of water.
• Growth Rate (2023-2028): As per Mordor Intelligence, the market is expected to grow at a CAGR of 5% during this period.
• Regional Market Dynamics: The Asia Pacific region is the fastest-growing market, while Europe holds the largest market share in 2023.
• Market Size Forecast (2030): Kbv’s research analysis suggests that the market size will increase by $5.8 billion by 2030, with a CAGR of 4.3%.
• Popular Materials: In 2023, stainless steel is the most widely used material in electric kettles, followed by plastic, glass, and others.
• Segmentation by Application: The residential segment leads the market, projected to reach a value of $4.9 billion by 2030. The commercial segment is anticipated to grow at a CAGR of 6.1% from 2021 to 2028.
• Dominant Region (2030): The Asia Pacific region is expected to dominate the market with a projected value of $2.6 billion by 2030.

Electric Kettle Statistics by Revenue

(Reference: statista.com)

• As Statista reports, revenue generated by the Electric Kettle industry around the world in 2023 has reached $4.29 billion.
• Furthermore, in coming years, the electric kettle market is expected to gain higher revenues followed by 2024 ($4.51 billion), 2025 ($4.75 billion), 2026 ($5 billion), 2027 ($5.25 billion), and 2028 ($5.51 billion).

Electric Kettle Statistics by Country Revenue

(Source: statista.com)

• China’s Market Dominance: With an expected revenue of $1,119 million, China leads due to its massive consumer base, strong manufacturing sector, and the cultural prevalence of tea drinking, which boosts demand for electric kettles.
• High Revenue in Developed Countries: The United States ($290 million), Japan ($215 million), and Germany ($147 million) show substantial market values, likely due to higher disposable incomes, advanced retail infrastructure, and a preference for convenient and efficient kitchen appliances.
• Emerging Markets’ Contribution: Countries like Brazil ($254 million), India ($232 million), and Russia ($122 million) reflect growing markets. This growth can be attributed to increasing urbanization, rising middle-class populations, and greater adoption of modern kitchen appliances.
• Diverse Revenue in Other Regions:
  • European Countries: Nations like the United Kingdom ($134 million), France ($108 million), and Italy ($56 million) show notable market sizes, influenced by established economies and a preference for quality kitchen appliances.
  • African and Middle Eastern Markets: Countries such as Egypt ($33 million), South Africa ($14 million), and Saudi Arabia ($18 million) have smaller, yet growing markets, possibly due to increasing urbanization and changing lifestyles.
  • Asian Markets: Regions like Indonesia ($50 million), Malaysia ($17 million), and Thailand ($49 million) demonstrate growing market sizes, driven by expanding economies and evolving consumer preferences.
• Market Dynamics in North America and South America: Canada ($58 million) and Mexico ($22 million) show healthy market sizes in North America, while in South America, Argentina ($9 million) and Chile ($14 million) indicate smaller but potential markets.

Electric Kettle Statistics by Region

• According to Research and Market report analysis, the electric kettle market share in the Asia Pacific region is expected to reach a CAGR of 4.6% from 2023 to 2030.
• Whereas, the market growth in the North American region is expected to grow 4.45% from 2023-28.
• Lastly, the European electric kettle market growth is predicted to be 3.6% from 2023 to 2030.
• By the end of 2028 the expected market growth in the region of South Africa by 6.81% from 2023 to 2028.

Electric Kettle Statistics by Average Revenue Per Household

(Reference: statista.com)

• According to Statista Market Insights, in terms of total number of per household revenue is expected to be $1.95 by the year 2023
• Furthermore, average revenue per household is followed by 2024 ($2.02), 2025 ($2.09), 2026 ($2.17), 2027 ($2.25), and 2028 ($2.33).

Electric Kettle Statistics by Brand Share

(Reference: statista.com)

In 2022, the brand share in the electric kettle industry was led by two prominent brands, Braun and Sunbeam, each holding a 7% share. This dominance can be attributed to their strong brand recognition, consistent quality, and wide range of products appealing to diverse consumer preferences. Other notable brands in the market include:

• Cuisinart and MILTON: Both brands captured 5% of the market share. Their popularity can be linked to their reputation for quality products and innovative features that cater to the needs of modern kitchens.
• Smaller Market Shares: Brands like Gourmia, Hamilton Beach, IRIS OHYAMA, MONDIAL, MORPHY RICHARDS, and T-fal each held a 2% share. These brands maintain their market presence through specific niches, competitive pricing, or unique product offerings.
• Other Brands: Collectively accounted for 6.4% of the market. This segment likely includes a variety of smaller or regional brands, each catering to specific customer needs or preferences, indicating a diverse and competitive market landscape.

Electric Kettle Statistics Sales Channel

(Reference: statista.com)

• Dominance of Offline Sales in 2023: Offline channels led with a 71.1% revenue share, indicating a strong consumer preference for purchasing electric kettles through traditional retail stores. This preference could be due to the tactile experience of seeing and handling the product before purchase.
• Growing Trend Towards Online Sales: Online sales, while constituting 28.9% in 2023, are expected to see a consistent rise in the coming years – reaching 32.6% in 2024, 36.9% in 2025, 37.2% in 2026, and 38% by 2027. This growth trend reflects the increasing consumer comfort with e-commerce, driven by convenience, wider selection, competitive pricing, and enhanced digital shopping experiences.
• Decline in Offline Sales’ Share: Correspondingly, the share of offline sales is projected to decrease – to 67.4% in 2024, 63.1% in 2025, 62.8% in 2026, and 62% by 2027. Despite the decline, offline channels remain significant, likely due to the established retail infrastructure and the preference of certain consumer segments.
• Mobile vs. Desktop Online Sales: The split between mobile and desktop online sales also shows a trend. In 2023, 56.9% of online sales were through mobile, and 43.1% via desktop. This split is expected to shift further towards mobile, reaching 58.3% in 2024, 59.5% in 2025, 60.4% in 2026, and 61.1% in 2027. The increasing preference for mobile shopping is influenced by the ubiquity of smartphones and the convenience of shopping anytime and anywhere.

Electric Kettle Statistics by Volume

(Reference: statista.com)

The market volume and growth projections for the Electric Kettle industry from 2023 to 2028 are as follows:

• Market Volume in 2023: Expected to reach 133.4 million units, with a growth rate of 2.5%. This indicates a steady demand for electric kettles, likely driven by their convenience and increasing consumer preference for quick and efficient kitchen appliances.
• Stable Growth in Subsequent Years:
• • 2024: Volume remains at 133.4 million units, but the growth rate slightly decreases to 2.4%. This could be due to market saturation in certain regions.
  • 2025: A rise to 139.7 million units with a 2.3% growth rate, suggesting a continued, albeit slightly slower, market expansion.
  • 2026 and 2027: Consistent growth with volumes reaching 142.9 million and 146 million units, respectively, both years seeing a 2.3% growth rate. This steady growth might be attributed to ongoing innovations and the entry of new consumers in the market.
  • 2028: Projected to reach 149.4 million units, with a growth rate slowing to 2.2%. This gradual decline in growth rate could indicate maturing markets and the stabilization of consumer demand.

Types of Electric Kettle

• There are 5 different types of electric kettle available within the marketplace traditional electric kettle, cordless electric kettle, glass electric kettle, stainless steel electric kettle, and variable temperature electric kettle.
• The traditional electric kettle comes with a heating element in the bottom of the kettle along with an automatic power-off feature once water is boiled.
• The cordless electric kettle has a base that is connected to the kettle, used for generating power sources, and can be easily removed from the base which is more convenient to use.
• Glass electric kettle has a glass body so that users can easily see the inside boiling process. The heating element of the kettle is present at the bottom which supplies power along with an automatic power turn-off feature.
• The stainless steel electric kettle has a rust-resistant body and is easy to clean the heating element is located at the bottom of the kettle and automatic shut-off feature.
• Variable temperature electric kettle is a popular growing type around the world as they allow users to set the temperature according to preference and the heating element is the same as other types.

Manufacturers of Electric Kettle

(Source: mordorintelligence.com)

Electric Kettle Statistics by Usage Share

(Reference: mdpi.com)

• According to the reports of MDPI, across the global market of electric kettles, 17.8 million units/year are expected to be sold in the European Union by the end of 2030.
• As of 2023, only 6 of the European population used electric kettles for boiling water.
• Other uses are followed by very often (10%), quite often (15%), occasionally (33%), never (35%), unaware about the device usage (1%).

Electric Kettle Statistics by Rank

#1. Cuisinart CPK-17 Perfect Temp Cordless Electric Kettle (best for all purposes)

(Source: nytimes.com)

• The cost of this electric kettle is $70 at Wayfair and $70 at Amazon.
• The electric kettle has a water boiling capacity of 1.7 L within just 7 minutes.
• The kettle consists of 6 different temperature preferences and water remains warm for 30 minutes.

#2. Breville IQ Kettle (Sleeker but pricier)

(Source: nytimes.com)

• The cost of this kettle is around $140
• A feature includes a large 60.8-oz reservoir capacity, 1500W heating element, 5 preset brewing temperatures, keeps water warm for 20 minutes, and automatically turns off when the water reaches the boiling temperature.

#3. Cuisinart Digital Gooseneck Kettle (best digital gooseneck kettle)

(Source: nytimes.com)

• The cost of this kettle is $100 at Amazon and $99 at Wayfair.
• Features enable boiling 1 liter of boiling water, one-touch control, keeping water warm for 30 minutes, stainless-steel kettle body, and a limited warranty of 3 years.

#4. Hamilton Beach 40880 Stainless Steel kettle (less expensive)

(Source: nytimes.com)

• This kettle costs around $37, which is easily available at Amazon.
• Features include a large 1.7 liter capacity for boiling water which is easily convenient, the technology used auto shut-off and boil-dry protection, and a concealed heating element facilitates easy clean up.

Conclusion

As of today, after completing the article on Electric Kettle Statistics it can be said that electric kettle are much more energy-efficient than microwaves and electric stovetops. The market shares of electric kettles are growing enormously around the world and by 2030 the market valuation is expected to reach $ 5.8 billion with a CAGR of 4.3% from 2023 to 2030. These kettles can be used for personal as well as commercial uses. In coming years with advanced technological developments, it has been predicted that the market is going to enhance more.

So, what are you waiting for? go and get one for yourself. This article includes several possible and effective statistics about the electric kettle industry that will help in understanding the topic better.