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Dropshipping Market Predicted to Garner USD 2032.0 billion in 2032 | CAGR of 25.1%; Market.us Report
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New York, April 28, 2023 (GLOBE NEWSWIRE) — As per Market.us research, the global Dropshipping Market size is expanding by around USD 2,032.0 billion in 2032 from USD 228.92 billion in 2022; It is growing at a registered CAGR of 25.1% from 2023 to 2032.
Dropshipping is a business model in which an online store sells products to customers without actually stocking the items. Instead, the store purchases the products from a third-party supplier who ships the items directly to the customers.
This enables the store to avoid the cost of holding inventory, as well as the initial investment required to purchase products. Dropshipping can be a dominant business model because it enables entrepreneurs to start an online store without a huge initial investment. However, it also comes with some potential restraints, like lower profit margins, the risk of relying on a single supplier, and less control over the shipping process for all of your products.
Get additional highlights on major revenue-generating segments, Request a Dropshipping Market sample report at https://market.us/report/dropshipping-market/request-sample/
Key Takeaway:
- Based on type, in 2022, the dropshipping market was dominated by the product reselling segment owing to the partnership with suppliers and price.
- By product type, in 2022, the electronics and media segment dominated the largest market share product type segment.
- In 2022, Asia-Pacific dominated the market with the highest revenue share of 38.6%.
- North America is expected to have the highest CAGR among all regions, owing to the adoption of AI for dropshipping and the difference in consumer mindsets.
Factors affecting the growth of the Dropshipping industry
There are several factors that can have an impact on the growth of the dropshipping industry including:
- E-commerce boom: The rapid growth of e-commerce has created a huge demand for dropshipping as more consumers shop online, and entrepreneurs are looking for ways to capitalize on the trend without having to hold inventory.
- Advancement in technology: Particularly in e-commerce platforms & payment processing which made it easier for entrepreneurs to set up and run a dropshipping business.
- Low start-up costs: Dropshipping requires very less upfront investment as compared to traditional retail models which makes it an attractive option for entrepreneurs with available resources.
- Flexibility: Dropshipping enables businesses to be more flexible, as they can quickly & easily change the products they offer and respond to changing market conditions.
- Social media: Social media platforms like Instagram and Facebook have made it very easy for entrepreneurs to market their products & build a customer base.
To understand how our report can bring a difference to your business strategy, Inquire about a brochure at https://market.us/report/dropshipping-market/#inquiry
Top Trends in Dropshipping Market
Dropshipping has seen several emerging trends that are revolutionizing how businesses and consumers shop. Automation and artificial intelligence are being employed more frequently to boost efficiency levels and streamline procedures. Dropshippers use software and tools to automate mundane tasks such as order processing, inventory management, and shipping – freeing them up to focus on other aspects of their business. Dropshipping has seen a recent surge in niche markets with highly specialized products, further fuelling this trend. Dropshippers are looking for ways to stand out in a highly competitive market. Many are offering unique and specialized items, such as eco-friendly or sustainable goods and personalized gifts. Furthermore, drop shippers prioritize providing an outstanding customer experience.
Market Growth
Dropshipping has emerged as a popular business model in recent years, with the market growing rapidly. This method of retail fulfillment enables entrepreneurs to sell products without holding inventory or managing shipping logistics. Apart from that they work with suppliers who handle the inventory & shipping on their behalf. The dropshipping market has seen significant growth, as more and more people turn towards e-commerce & seek opportunities for starting their businesses. The increasing demand for convenient & affordable online shopping, with the low overhead costs & flexibility offered by dropshipping is expected to continue fuelling the growth of this market in coming years.
Regional Analysis
Asia-Pacific is projected to be the leading market in global dropshipping with a market share of 38.6% during the forecasted period. This region’s dominance in online shopping platforms, coupled with rising smart device popularity such as laptops, mobile phones, and tablets has further fuelled this region’s demand for online shipping services. Furthermore, developments in telecommunications infrastructure, internet & smartphone penetration rate, and the appeal of social media platforms like Instagram, Snapchat, Twitter, and Facebook all play an important role in its expansion potential.
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Scope of Report
| Report Attribute | Details |
| Market Value (2022) | USD 228.92 billion |
| Market Size (2032) | USD 2032 billion |
| CAGR (from 2023 to 2032) | 25.1% from 2023 to 2032 |
| Asia-Pacific Revenue Share | 38.6% |
| Historic Period | 2016 to 2022 |
| Base Year | 2022 |
| Forecast Year | 2023 to 2032 |
Market Drivers
One primary driver is the rise of e-commerce & online shopping which have grown within this space. Dropshipping services are becoming more and more popular as more consumers shop online which enables businesses to provide a wider selection of items without needing physical inventory. Furthermore, the dropshipping market is being driven forward by advancements in automation & AI technologies. Another factor driving growth in the dropshipping market is its increasing focus on niche markets & specialized products. With increased competition in this space and drop shippers are looking for ways to stand out & provide unique items to their customers. Furthermore, social media and influencer marketing have become major forces driving demand in this market. Dropshippers are taking advantage of social media platforms like Instagram & Facebook, to reach new customers and market their products.
Market Restraints
One of the primary challenges in the dropshipping market is high competition. With so many drop shippers competing for customers, it can be hard to stand out and attract a loyal following – making it difficult for new drop shippers to break into the space and compete against established players. Furthermore, drop shippers lack control over their supply chains; they rely on suppliers and manufacturers for products and orders which creates quality control issues, slow shipping times, and product availability issues that lead to poor customer experiences which could damage a drop shipper’s reputation.
Market Opportunities
Entrepreneurs and business owners in the dropshipping market have numerous opportunities. One of the greatest prospects in the future lies in the continued growth of e-commerce, as more consumers shop online. As more consumers shop this way, demand for dropshipping services is expected to increase significantly. Dropshippers now have an opportunity to expand their customer base and boost revenue. Furthermore, the dropshipping market continues to see the use of automation and AI for further growth. With technology constantly progressing, drop shippers can take advantage of new tools and software to boost efficiency and simplify operations. Doing so frees them up to focus on other aspects of their business, like customer acquisition or marketing. Dropshippers have an opportunity to explore new markets and product niches.
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Report Segmentation of the Dropshipping Market
Type Insight
Product reselling dominates the type segment with a 41.7% market share in 2022. This segment drives the market in the type segment due to its low upfront costs, as retailers do not need to create or design their products. It also provides a wide variety of products for offering to customers. Many suppliers specialize in different categories. Overall, product reselling is the most common & popular segment in the dropshipping market.
Product Type Insight
Dropshipping market share is dominated by the electronics and media segment with a share of 33.7%, due to the high demand or increased dependency on technology in our daily life. People are constantly upgrading their gadgets. Electronic products have a global reach, and dropshipping enables retailers to sell products to customers all over the world without the need for physical stores. Additionally, high-profit margins than other product categories, which makes them attractive to drop shippers.
Recent Developments of the Dropshipping Market
- In 2021, The dropshipping market continued to expand, as more businesses and individuals launched their online stores. The rise of e-commerce and increased demand for online shopping due to the pandemic fuelled this growth. Nevertheless, there was also increased competition in this space which necessitated improved marketing strategies and customer service approaches.
- In 2020, The COVID-19 pandemic caused major disruptions in the global supply chain, impacting dropshipping. Some suppliers experienced delays and shortages while others needed to adjust their business models due to shifting market conditions.
- In 2019, Dropshipping has seen a meteoric rise in popularity among entrepreneurs due to its low startup costs and versatility. More suppliers and manufacturers are now providing dropshipping services as well.
For more insights on the historical and Forecast market data from 2016 to 2032 – download a sample report at https://market.us/report/dropshipping-market/request-sample/
Market Segmentation
Based on Type
- Product Reselling
- Print on Demand
- Creation of the Product
- Business Extensions
Based on the Product Type
- Toys Hobby and DIY
- Furniture and Appliances
- Food and Personal Care
- Electronics and Media
- Fashion
- Beauty Health Personal and Household Care
- Other Types
By Geography
- North America
-
- The US
- Canada
- Mexico
- Western Europe
-
- Germany
- France
- The UK
- Spain
- Italy
- Portugal
- Ireland
- Austria
- Switzerland
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe
-
- Russia
- Poland
- The Czech Republic
- Greece
- Rest of Eastern Europe
- APAC
- China
- Japan
- South Korea
- India
- Australia & New Zealand
- Indonesia
- Malaysia
- Philippines
- Singapore
- Thailand
- Vietnam
- Rest of APAC
- Latin America
-
- Brazil
- Colombia
- Chile
- Argentina
- Costa Rica
- Rest of Latin America
- Middle East & Africa
-
- Algeria
- Egypt
- Israel
- Kuwait
- Nigeria
- Saudi Arabia
- South Africa
- Turkey
- United Arab Emirates
- Rest of MEA
Competitive Landscape
Companies are adopting both organic and inorganic growth strategies such as solution/product launches & developments, geographical expansions, mergers & acquisitions, and partnerships to stay ahead of the competitive market situation. For instance, in February 2022 Alibaba.com entered into a partnership with Dropified to offer better dropshipping services.
Key Market Players:
Listed below are some of the most important dropshipping industry players.
- Etsy Inc.
- Alidropship Doba Inc.
- Megagoods Inc.
- Inventory Source Corporation
- Modalyst Inc.
- Shopify Inc.
- SaleHoo Group Ltd.
- Sunrise Wholesale Merchandise LLC
- Printify Inc.
- Cin7 Orderhive Inc.
- Wholesale2b Corporation
- DropshipZone.in
- Other Key Players
Browse More Related Reports:
- B2C eCommerce Market size is expected to be worth around USD 10.9 trillion by 2032 from USD 4.24 trillion in 2022, growing at a CAGR of 9.9% during the forecast period of 2022 to 2032.
- Cold Chain Market was valued at USD 260.5 billion in 2022 and is expected to reach around USD 950.5 billion in 2032. This market is estimated to register at a CAGR of 14.2% during the forecast period of 2023 to 2032.
- Print-on-demand market was valued at USD 3.94 billion in 2022 and is expected to reach around USD 43.07 billion in 2032. Between 2023 and 2032 this market is estimated to register a CAGR of 27.8%.
- Commercial Printing Market size is expected to be worth around USD 586.2 billion by 2032 from USD 469.6 billion in 2023, growing at a CAGR of 2.3% during the forecast period from 2022 to 2032.
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HONOR Redefines Mobile AI Solutions with PC powered by Snapdragon, on-device AI Agent and AI Deepfake Detection at IFA 2024
HONOR, Qualcomm, and Microsoft Redefine Innovations in Mobile AI
BERLIN, Sept. 7, 2024 /PRNewswire/ — Today at IFA 2024, HONOR unveiled three groundbreaking mobile AI Solutions: AI PC powered by Snapdragon® X Elite platforms, AI Agent and AI Deepfake Detection. The launch was accompanied by a thought-provoking panel discussion featuring HONOR CEO George Zhao; Alex Katouzian, Group GM of MCX at Qualcomm Technologies, Inc.; and Mark Linton, VP of Device Partner Sales at Microsoft. Together, they explored the convergence of AI and Snapdragon technology, discussing how these innovations are shaping the future of mobile AI.
“When it comes to mobile computing, AI is not just a buzzword, it’s a revolution,” commented George Zhao, CEO of HONOR Device Co., Ltd. “At HONOR, we’re committed to working with our partners to deliver powerful AI capabilities and seamless connectivity, while protecting our users’ privacy. Through open collaboration with industry leaders, we’re creating devices that empower individuals and redefine what’s possible.”
“At Qualcomm Technologies, we believe the NPU is the key to unlocking the true potential of AI in PCs,” added Alex Katouzian, Group GM of MCX, Qualcomm Technologies, Inc. “The Snapdragon X Elite with its industry-leading NPU performance empowers AI PCs like the HONOR MagicBook Art 14 to deliver next-generation AI experiences. Not only will users see a significant boost in capabilities, but the NPU’s efficiency also translates to longer battery life, allowing users to stay productive for extended periods.”
HONOR MagicBook Art 14 Snapdragon: Redefining PC in the Mobile AI EraThe PC landscape is undergoing a radical transformation, driven by advancements in AI and the rise of Snapdragon platforms. Fueled by HONOR’s platform-level AI capabilities and developed in collaboration with top industry leaders, HONOR MagicBook Art 14 Snapdragon heralds a new era of computing.
Featuring a sleek and compact design, the HONOR MagicBook Art 14 Snapdragon is a marvel of lightweight engineering. It incorporates cutting-edge platform-level AI features alongside robust hardware and software solutions, ensuring unmatched productivity and user experience. It translates the lightweight and slim characteristics of smartphones to laptops, delivering the lightest and slimmest AI PC on the market, weighing approximately 1kg with a slimness of 1cm. Delivering an immersive visual journey, the HONOR MagicBook Art 14 Snapdragon features a captivating 14.6-inch HONOR FullView Touch Display boasting a crystal-clear 3.1K resolution. It also includes an outstanding 97% screen-to-body ratio, the largest among 14-inch laptops. The HONOR MagicBook Art 14 Snapdragon is powered by the Qualcomm Snapdragon X Elite, elevating the computing experience to new heights in terms of power, efficiency, and security.
The HONOR MagicBook Art 14 Snapdragon also enables a smooth transition of Windows applications on X86 to the Windows on Snapdragon architecture. Based on years of research on the ecosystem, HONOR created a Hotspot Library that uses platform-level AI to identify frequently used scenarios and trigger translation optimization efficiently. HONOR has improved 16% of the average boot-up time1 with translation optimization across a diverse array of Windows applications. Currently, HONOR has optimized a total of the Top 14 applications across six major categories, including browsers, online meetings, media, office, social software and tools.
The HONOR MagicBook Art 14 Snapdragon will be soon available in German, France and Italy. For preorder, please visit HONOR online store now at www.honor.com.
Seamless AI Experiences Elevated by the Power of MagicRingIn the mobile AI era, seamless cross-OS connectivity will truly empower users to unlock AI everywhere. Unlike the manual point-to-point connections in traditional solutions, the HONOR MagicRing allows multiple devices of the same account to automatically connect with low power consumption.
The MagicRing not only connects devices but also connects services across the devices. The solution also enables users to use the same set of keyboard and mouse for multiple devices, receive calls and notifications on a device other than their smartphones, and control the smartphone’s camera on the PC. With the secure and smooth flow of services and information across devices, MagicRing makes multi-device AI experience easier. For example, as one of the typical scenarios of Windows on Snapdragon experience, Cocreator allows users to produce fantastic artwork with simple draws. Powered by MagicRing, users can seamlessly access Cocreator on their HONOR MagicPad 2, drawing AI masterpieces with their Magic-Pencil. In the Meanwhile, they can also use AI Eraser from HONOR Magic V3 on the HONOR MagicBook Art 14 Snapdragon to experience unparalleled levels of convenient mobile AI.
HONOR AI Agent: The First On-device AI Agent for the Open Ecosystem The HONOR AI Agent is a revolutionary always-on personal assistant designed to enhance and simplify users’ daily lives. By intuitively understanding users’ requests and intentions through language analysis and UI awareness technology, the AI Agent that learns from their habits and device environment can intelligently make decisions across various apps and services. This capability allows it to automate complex tasks. HONOR demonstrated how to find and cancel unwanted app subscriptions across different apps with just a few simple voice commands on their smartphones.
As we look to the future, the HONOR AI Agent is poised to become the cornerstone of mobile AI, and it is anticipated to arrive with the HONOR Magic7 Series later this year in China. This innovation not only signifies a leap in technology but also heralds a new era where AI seamlessly integrates into our daily routines, enhancing everyday productivity and efficiency.
The World’s First On-device AI Deepfake Detection TechnologyAs the technology behind deepfakes becomes more sophisticated, the potential for misuse, including identity theft and the spread of disinformation, grows significantly. HONOR’s on-device AI Deepfake Detection represents a groundbreaking solution designed to protect users from the increasingly prevalent threat of deepfakes. This innovative detection system employs advanced algorithms to meticulously analyze various elements, including pixel-level synthetic imperfections, border compositing artifacts, inter-frame continuity, consistency in face-to-ear hairstyle, and the positioning of synthetic traces. By examining these characteristics, the technology can accurately identify manipulated content, distinguishing between genuine media and deceptive alterations.
About HONOR HONOR is a leading global provider of smart devices. It is dedicated to becoming a global iconic technology brand and creating a new intelligent world for everyone through its powerful products and services. With an unwavering focus on R&D, it is committed to developing technology that empowers people around the globe to go beyond, giving them the freedom to achieve and do more. Offering a range of high-quality smartphones, tablets, laptops and wearables to suit every budget, HONOR’s portfolio of innovative, premium and reliable products enable people to become a better version of themselves.
For more information, please visit HONOR online at www.honor.com or email [email protected]
https://community.honor.com/ https://www.facebook.com/honorglobal/ https://twitter.com/Honorglobal https://www.instagram.com/honorglobal/ https://www.youtube.com/c/HonorOfficial
1Data comes from HONOR labs.
View original content:https://www.prnewswire.co.uk/news-releases/honor-redefines-mobile-ai-solutions-with-pc-powered-by-snapdragon-on-device-ai-agent-and-ai-deepfake-detection-at-ifa-2024-302241211.html
Artificial Intelligence
TECNO Pocket Go Wins Global Product Technology Innovation Award 2024 at IFA 2024
BERLIN, Sept. 7, 2024 /PRNewswire/ — One of the largest consumer electronics exhibitions in the world, the 2024 IFA Berlin International Consumer Electronics Show, officially kicks off today in Berlin. During the event, the highly anticipated Global Product Technical Innovation Award 2024 was announced, with TECNO Pocket Go winning the prestigious AR Immersive PC Gaming Experience Innovation Gold Award. This recognition highlights the brilliance of Chinese brand on the global stage.
TECNO is dedicated to innovation from the user’s perspective, continuously developing products and applications that enhance user experience. Since 2019, TECNO has expanded its AIoT ecosystem, leveraging its mobile technology to introduce innovative smart wearables, business laptops, and other groundbreaking products, all aimed at providing users with a more intelligent TECNO ecosystem experience.
As a global innovative technology brand with operations in over 70 markets, TECNO has been committed to revolutionizing the digital experience in global emerging markets, relentlessly pushing for the perfect integration of contemporary, aesthetic design with the latest technologies. TECNO offers a wide range of AIoT products covering smart wearables, laptops, tablets and smart home products.
Guided by its brand essence of “Stop At Nothing”, TECNO is committed to unlocking the best and newest technologies for forward-looking individuals, inspiring them to never stop pursuing their best selves and their best futures.
The “Global Product Technology Innovation Award” is a grand international selection of global consumer electronics brands. Launched globally every year, it is also one of the most professional and authoritative international exchange, display and cooperation platforms in IFA in the same year to conduct comprehensive review and evaluation of the global consumer electronics industry for the whole year.
TECNO Pocket Go, redefines gaming on the go
TECNO Pocket Go creates a “new gaming paradise” in handheld PC form in AR industry. By seamlessly integrating with the Windows gaming ecosystem and utilizing advanced head tracking technology, it brings an unparalleled 6D immersive experience to users. Featuring a top-tier AMD® Ryzen™ 7 8840HS gaming processor and a laptop level cooling system by rebuilt the structure to compact size with 50% smaller size and 30% lighter weight. Just easy to carry as a smartphone.
Smaller in your palm, Master in your vision
The AR Pocket Vision features a 0.71-inch Micro-OLED screen that delivers the equivalent of a 215-inch TV experience from 6 meters away, surpassing industry standards. Gamers will enjoy a cinematic-level viewing experience, with customizable adjustments for up to 600° diopters to ensure eye comfort. It also safeguards your privacy, enabling you to play anywhere.
Dominant Flagship Gaming CPU, lead Performance Ahead
Powered by the AMD® Ryzen™ 7 8840HS gaming processor, the Pocket Go handheld offers exceptional speed and seamless multitasking with 8 cores, 16 threads, and turbo speeds up to 5.1 GHz. Its PC-level cooling system, featuring a large fan and three copper pipes, ensures optimal performance at 35W. Combined with a 50Wh replaceable battery, it guarantees long-lasting gaming sessions without interruptions.
“VisionTrack” experiences, games come alive
The Pocket Go combo delivers an immersive experience for your eyes and hands. The AR Pocket Vision features a six-axis gyroscope and AI algorithms for precise head tracking, enhancing real-time data collection during gameplay. With N’BASS® acoustic materials and a proprietary vibration algorithm, it translates in-game sounds into nuanced vibrations via handheld while the Hall Effect Joysticks and Triggers provide precise control, elevating your gaming experience with rich visual and tactile sensations.
With TECNO Pocket Go, users can enjoy a futuristic gaming experience, and seamlessly connecting to TECNO’s products in a new forms of AR experiences.
View original content:https://www.prnewswire.co.uk/news-releases/tecno-pocket-go-wins-global-product-technology-innovation-award-2024-at-ifa-2024-302241146.html
QINGDAO, China, Sept. 7, 2024 /PRNewswire/ — Hisense, a global leader in home appliances and consumer electronics, unveiled its innovative smart home solutions at IFA 2024. Based on the theme “The Scenario-driven Future of Tech,” Hisense showcased its latest smart home appliances and the ConnectLife app, designed to seamlessly connect appliances and real-life scenarios to redefine how users interact with their homes.
Focused on enhancing the user experience, Hisense’s booth at IFA 2024 brings to life three smart scenarios and products that aim to make the future of smart living more intuitive and accessible: Smart Laundry, Smart Kitchen and Smart Air Care.
Each experience is developed through Hisense’s scenario-driven research and development approach that prioritizes real user needs:
Smart Laundry simplifies garment care with automated adjusting and remote monitoring.Smart Kitchen streamlines cooking with connected appliances that personalize meal prep.Smart Air Care ensures a healthier living environment by intelligently adjusting air quality.To bring the smart living scenarios to life, Hisense has introduced a range of innovative products that integrate seamlessly with the ConnectLife app.
The Hisense Refrigerator PureFlat Smart Series exemplifies the premium smart kitchen experience enabled by ConnectLife. Equipped with a 21-inch TFT touchscreen, this refrigerator offers a wealth of features. The AI Recipe feature leverages food inventory tracking to suggest personalized recipes based on available ingredients and their expiration dates. Serving as a home appliance control center, the ConnectLife Hub refrigerator allows you to adjust temperature settings remotely through the ConnectLife app. Additionally, its AI Eco feature enables you to activate energy-saving mode on your device with a simple touch. With dual-tech cooling system, a My Fresh Choice compartment, and an on-door ice and water dispenser, this refrigerator delivers efficient temperature control, flexible storage options, and convenient access to cold beverages.
The Hisense Series 7i washing machines offer a superior laundry experience with a suite of smart features. The iPlay™ Intelligent Display provides a user-friendly interface, while the iJet™ three-channel spray system ensures a thorough wash. The compact iFit™ feature allows for easy integration into cabinets, optimizing space. AI-powered capabilities enhance performance with AI Super Wash, which intelligently adjusts washing parameters based on load weight, material type, water level, hardness, and turbidity. The AI Super Dry program in the Series 7i tumble dryer delivers precise drying with 3D Humidity Sensor for accurate moisture detection.
The Hisense’s Hi8 Series Oven offers a range of cooking functions, including air-frying, fast preheating, and pizza mode. Its large capacity and cool-touch doors make it easy to cook with and also clean. The VisonPlus Screen provides a user-friendly interface for exploring cooking programs and settings. Cleaning is made simple with features including Steam Clean Pro, Pyrolytic Self Clean, and Removable Door&Glass. The Hisense Hi 9 Series Oven is a premium model that offers advanced features such as AI-powered InCamera Technology for intelligent baking, Auto Door Opening & Auto Lock. Its larger TFT screen provides a user-friendly interface for exploring over 140 pre-programmed recipes and cooking settings. With ConnectLife integration, the Hi 9 delivers a convenient and efficient cooking experience.
Hisense Energy Pro X air conditioners offer efficient cooling and heating with advanced, energy-saving features. The AI Smart Airflow adjusts airflow direction based on your position and needs, ensuring optimal comfort. HI-NANO technology enhances air quality by releasing high-concentration ions to eliminate 92.6% of H1N1, 88.54% of E. coli, and 60.07% of PM2.5 in two hours. The TMS Control System intelligently adjusts temperature and humidity by analyzing various indoor conditions, providing a tailored and comfortable environment.
Beyond residential air conditioning, Hisense Hi-Therma ATW heat pump is another popular option for room heating, especially in Europe. Renowned for their outstanding performance and eco-friendly features, Hisense Hi-Therma II R290 ATW boasts an A+++ energy efficiency rating, stable operation at temperatures as low as -25°C, and maximum water outlet temperature of 65°C, with the flexibility to control up to 7 independent rooms. Moreover, the first-generation Hi-Therma Split (R32) finished the rigorous winter test conducted by Germany’s VDE and obtained the No. 001 certification in the extremely cold city of Mohe, China.
About Hisense
Hisense is a leading global home appliance and consumer electronics brand and official partner of the UEFA EURO 2024™. According to Omdia, Hisense ranked No. 2 globally for TV shipments and No. 1 in 100″ TVs in both 2023 and Q1 2024. The company has expanded quickly to operate in more than 160 countries and specializes in multi-media goods, home appliances, and intelligent IT information.
View original content:https://www.prnewswire.co.uk/news-releases/experience-the-future-of-smart-living-with-hisense-at-ifa-2024-302241143.html
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