Global Electric Wall Hanging Furnace Market Research Report - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2033)
Description
Definition and Scope:
Electric wall hanging furnaces are heating appliances that are mounted on walls to provide warmth and comfort in residential and commercial spaces. These furnaces are designed to be compact and efficient, making them ideal for rooms where traditional heating systems may not be practical. Electric wall hanging furnaces typically operate silently and are easy to install, making them a convenient heating solution for various settings. With advanced features such as programmable thermostats and remote control capabilities, these furnaces offer users greater control over their heating preferences.
The market for electric wall hanging furnaces is experiencing steady growth due to several market trends and drivers. One key trend is the increasing demand for energy-efficient heating solutions as consumers and businesses seek to reduce their carbon footprint and energy costs. Electric wall hanging furnaces are known for their energy efficiency, making them an attractive option for environmentally conscious buyers. Additionally, the growing trend towards smart home technology is driving the adoption of electric wall hanging furnaces with advanced features that can be controlled remotely via smartphones or smart home devices. Furthermore, the rising focus on space-saving solutions in urban areas is fueling the demand for compact heating appliances like electric wall hanging furnaces. Overall, these market trends, coupled with the convenience and efficiency offered by electric wall hanging furnaces, are driving the growth of this market segment.
This report offers a comprehensive analysis of the global Electric Wall Hanging Furnace market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges.
Report Framework and Key Highlights:
Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges.
Trend Analysis: Examination of ongoing and emerging trends impacting the market.
Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments.
Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis
Market Segmentation: By type, application, region, and end-user industry.
Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033.
This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for:
Industry players
Investors
Researchers
Consultants
Business strategists
And all stakeholders with an interest or investment in the Electric Wall Hanging Furnace market.
Global Electric Wall Hanging Furnace Market: Segmentation Analysis and Strategic Insights
This section of the report provides an in-depth segmentation analysis of the global Electric Wall Hanging Furnace market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales.
By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment.
Global Electric Wall Hanging Furnace Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Companies Profiled
GLEN DIMPLEX
SEI
Buck Stove
Twin-Star International
Allen
Napoleon
Kent Fireplace
Adam
Jetmaster
Fuerjia
Rui Dressing
GHP Group Inc.
BTB
Boge Technology
RICHEN
Saintec
Hubei Ruolin
Paite
Andong
Ruitian Industry
Market Segmentation by Type
Electromagnetic Wall Hanging Furnace
Electromagnetic Eddy Current Type
Others
Market Segmentation by Application
Domestic
Commercial
Geographic Segmentation
North America: United States, Canada, Mexico
Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia.
Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand
South America: Brazil, Argentina, Colombia.
Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA
Report Framework and Chapter Summary
Chapter 1: Report Scope and Market Definition
This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis.
Chapter 2: Executive Summary
This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the Electric Wall Hanging Furnace Market, highlighting its evolution over the short, medium, and long term.
Chapter 3: Market Dynamics and Policy Environment
This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance.
Chapter 4: Competitive Landscape
This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors.
Chapters 5–10: Regional Market Analysis
These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets.
Chapter 11: Market Segmentation by Product Type
This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities.
Chapter 12: Market Segmentation by Application
This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets.
Chapter 13: Company Profiles
This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy.
Chapter 14: Industry Chain and Value Chain Analysis
This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem.
Chapter 15: Key Findings and Conclusions
The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters.
Electric wall hanging furnaces are heating appliances that are mounted on walls to provide warmth and comfort in residential and commercial spaces. These furnaces are designed to be compact and efficient, making them ideal for rooms where traditional heating systems may not be practical. Electric wall hanging furnaces typically operate silently and are easy to install, making them a convenient heating solution for various settings. With advanced features such as programmable thermostats and remote control capabilities, these furnaces offer users greater control over their heating preferences.
The market for electric wall hanging furnaces is experiencing steady growth due to several market trends and drivers. One key trend is the increasing demand for energy-efficient heating solutions as consumers and businesses seek to reduce their carbon footprint and energy costs. Electric wall hanging furnaces are known for their energy efficiency, making them an attractive option for environmentally conscious buyers. Additionally, the growing trend towards smart home technology is driving the adoption of electric wall hanging furnaces with advanced features that can be controlled remotely via smartphones or smart home devices. Furthermore, the rising focus on space-saving solutions in urban areas is fueling the demand for compact heating appliances like electric wall hanging furnaces. Overall, these market trends, coupled with the convenience and efficiency offered by electric wall hanging furnaces, are driving the growth of this market segment.
This report offers a comprehensive analysis of the global Electric Wall Hanging Furnace market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges.
Report Framework and Key Highlights:
Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges.
Trend Analysis: Examination of ongoing and emerging trends impacting the market.
Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments.
Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis
Market Segmentation: By type, application, region, and end-user industry.
Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033.
This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for:
Industry players
Investors
Researchers
Consultants
Business strategists
And all stakeholders with an interest or investment in the Electric Wall Hanging Furnace market.
Global Electric Wall Hanging Furnace Market: Segmentation Analysis and Strategic Insights
This section of the report provides an in-depth segmentation analysis of the global Electric Wall Hanging Furnace market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales.
By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment.
Global Electric Wall Hanging Furnace Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Companies Profiled
GLEN DIMPLEX
SEI
Buck Stove
Twin-Star International
Allen
Napoleon
Kent Fireplace
Adam
Jetmaster
Fuerjia
Rui Dressing
GHP Group Inc.
BTB
Boge Technology
RICHEN
Saintec
Hubei Ruolin
Paite
Andong
Ruitian Industry
Market Segmentation by Type
Electromagnetic Wall Hanging Furnace
Electromagnetic Eddy Current Type
Others
Market Segmentation by Application
Domestic
Commercial
Geographic Segmentation
North America: United States, Canada, Mexico
Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia.
Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand
South America: Brazil, Argentina, Colombia.
Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA
Report Framework and Chapter Summary
Chapter 1: Report Scope and Market Definition
This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis.
Chapter 2: Executive Summary
This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the Electric Wall Hanging Furnace Market, highlighting its evolution over the short, medium, and long term.
Chapter 3: Market Dynamics and Policy Environment
This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance.
Chapter 4: Competitive Landscape
This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors.
Chapters 5–10: Regional Market Analysis
These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets.
Chapter 11: Market Segmentation by Product Type
This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities.
Chapter 12: Market Segmentation by Application
This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets.
Chapter 13: Company Profiles
This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy.
Chapter 14: Industry Chain and Value Chain Analysis
This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem.
Chapter 15: Key Findings and Conclusions
The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters.
Table of Contents
227 Pages
- 1 Introduction to Research & Analysis Reports
- 1.1 Intelligent Solar Market Definition
- 1.2 Intelligent Solar Market Segments
- 1.2.1 Segment by Type
- 1.2.2 Segment by Application
- 2 Executive Summary
- 2.1 Global Intelligent Solar Market Size
- 2.2 Market Segmentation – by Type
- 2.3 Market Segmentation – by Application
- 2.4 Market Segmentation – by Geography
- 3 Key Market Trends, Opportunity, Drivers and Restraints
- 3.1 Key Takeway
- 3.2 Market Opportunities & Trends
- 3.3 Market Drivers
- 3.4 Market Restraints
- 3.5 Market Major Factor Assessment
- 4 Global Intelligent Solar Market Competitive Landscape
- 4.1 Global Intelligent Solar Sales by Manufacturers (2020-2025)
- 4.2 Global Intelligent Solar Revenue Market Share by Manufacturers (2020-2025)
- 4.3 Intelligent Solar Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 4.4 New Entrant and Capacity Expansion Plans
- 4.5 Mergers & Acquisitions
- 5 Global Intelligent Solar Market by Region
- 5.1 Global Intelligent Solar Market Size by Region
- 5.1.1 Global Intelligent Solar Market Size by Region
- 5.1.2 Global Intelligent Solar Market Size Market Share by Region
- 5.2 Global Intelligent Solar Sales by Region
- 5.2.1 Global Intelligent Solar Sales by Region
- 5.2.2 Global Intelligent Solar Sales Market Share by Region
- 6 North America Market Overview
- 6.1 North America Intelligent Solar Market Size by Country
- 6.1.1 USA Market Overview
- 6.1.2 Canada Market Overview
- 6.1.3 Mexico Market Overview
- 6.2 North America Intelligent Solar Market Size by Type
- 6.3 North America Intelligent Solar Market Size by Application
- 6.4 Top Players in North America Intelligent Solar Market
- 7 Europe Market Overview
- 7.1 Europe Intelligent Solar Market Size by Country
- 7.1.1 Germany Market Overview
- 7.1.2 France Market Overview
- 7.1.3 U.K. Market Overview
- 7.1.4 Italy Market Overview
- 7.1.5 Spain Market Overview
- 7.1.6 Sweden Market Overview
- 7.1.7 Denmark Market Overview
- 7.1.8 Netherlands Market Overview
- 7.1.9 Switzerland Market Overview
- 7.1.10 Belgium Market Overview
- 7.1.11 Russia Market Overview
- 7.2 Europe Intelligent Solar Market Size by Type
- 7.3 Europe Intelligent Solar Market Size by Application
- 7.4 Top Players in Europe Intelligent Solar Market
- 8 Asia-Pacific Market Overview
- 8.1 Asia-Pacific Intelligent Solar Market Size by Country
- 8.1.1 China Market Overview
- 8.1.2 Japan Market Overview
- 8.1.3 South Korea Market Overview
- 8.1.4 India Market Overview
- 8.1.5 Australia Market Overview
- 8.1.6 Indonesia Market Overview
- 8.1.7 Malaysia Market Overview
- 8.1.8 Philippines Market Overview
- 8.1.9 Singapore Market Overview
- 8.1.10 Thailand Market Overview
- 8.1.11 Rest of APAC Market Overview
- 8.2 Asia-Pacific Intelligent Solar Market Size by Type
- 8.3 Asia-Pacific Intelligent Solar Market Size by Application
- 8.4 Top Players in Asia-Pacific Intelligent Solar Market
- 9 South America Market Overview
- 9.1 South America Intelligent Solar Market Size by Country
- 9.1.1 Brazil Market Overview
- 9.1.2 Argentina Market Overview
- 9.1.3 Columbia Market Overview
- 9.2 South America Intelligent Solar Market Size by Type
- 9.3 South America Intelligent Solar Market Size by Application
- 9.4 Top Players in South America Intelligent Solar Market
- 10 Middle East and Africa Market Overview
- 10.1 Middle East and Africa Intelligent Solar Market Size by Country
- 10.1.1 Saudi Arabia Market Overview
- 10.1.2 UAE Market Overview
- 10.1.3 Egypt Market Overview
- 10.1.4 Nigeria Market Overview
- 10.1.5 South Africa Market Overview
- 10.2 Middle East and Africa Intelligent Solar Market Size by Type
- 10.3 Middle East and Africa Intelligent Solar Market Size by Application
- 10.4 Top Players in Middle East and Africa Intelligent Solar Market
- 11 Intelligent Solar Market Segmentation by Type
- 11.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 11.2 Global Intelligent Solar Sales Market Share by Type (2020-2033)
- 11.3 Global Intelligent Solar Market Size Market Share by Type (2020-2033)
- 11.4 Global Intelligent Solar Price by Type (2020-2033)
- 12 Intelligent Solar Market Segmentation by Application
- 12.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 12.2 Global Intelligent Solar Market Sales by Application (2020-2033)
- 12.3 Global Intelligent Solar Market Size (M USD) by Application (2020-2033)
- 12.4 Global Intelligent Solar Sales Growth Rate by Application (2020-2033)
- 13 Company Profiles
- 13.1 ABB
- 13.1.1 ABB Company Overview
- 13.1.2 ABB Business Overview
- 13.1.3 ABB Intelligent Solar Major Product Offerings
- 13.1.4 ABB Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.1.5 Key News
- 13.2 Echelon
- 13.2.1 Echelon Company Overview
- 13.2.2 Echelon Business Overview
- 13.2.3 Echelon Intelligent Solar Major Product Offerings
- 13.2.4 Echelon Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.2.5 Key News
- 13.3 GE Energy
- 13.3.1 GE Energy Company Overview
- 13.3.2 GE Energy Business Overview
- 13.3.3 GE Energy Intelligent Solar Major Product Offerings
- 13.3.4 GE Energy Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.3.5 Key News
- 13.4 Schneider Electric
- 13.4.1 Schneider Electric Company Overview
- 13.4.2 Schneider Electric Business Overview
- 13.4.3 Schneider Electric Intelligent Solar Major Product Offerings
- 13.4.4 Schneider Electric Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.4.5 Key News
- 13.5 Siemens
- 13.5.1 Siemens Company Overview
- 13.5.2 Siemens Business Overview
- 13.5.3 Siemens Intelligent Solar Major Product Offerings
- 13.5.4 Siemens Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.5.5 Key News
- 13.6 Itron
- 13.6.1 Itron Company Overview
- 13.6.2 Itron Business Overview
- 13.6.3 Itron Intelligent Solar Major Product Offerings
- 13.6.4 Itron Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.6.5 Key News
- 13.7 Landis+GYR
- 13.7.1 Landis+GYR Company Overview
- 13.7.2 Landis+GYR Business Overview
- 13.7.3 Landis+GYR Intelligent Solar Major Product Offerings
- 13.7.4 Landis+GYR Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.7.5 Key News
- 13.8 Sensus USA
- 13.8.1 Sensus USA Company Overview
- 13.8.2 Sensus USA Business Overview
- 13.8.3 Sensus USA Intelligent Solar Major Product Offerings
- 13.8.4 Sensus USA Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.8.5 Key News
- 13.9 Solarcity
- 13.9.1 Solarcity Company Overview
- 13.9.2 Solarcity Business Overview
- 13.9.3 Solarcity Intelligent Solar Major Product Offerings
- 13.9.4 Solarcity Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.9.5 Key News
- 13.10 Sunnova
- 13.10.1 Sunnova Company Overview
- 13.10.2 Sunnova Business Overview
- 13.10.3 Sunnova Intelligent Solar Major Product Offerings
- 13.10.4 Sunnova Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.10.5 Key News
- 13.11 UGE
- 13.11.1 UGE Company Overview
- 13.11.2 UGE Business Overview
- 13.11.3 UGE Intelligent Solar Major Product Offerings
- 13.11.4 UGE Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.11.5 Key News
- 13.12 Vivint Solar
- 13.12.1 Vivint Solar Company Overview
- 13.12.2 Vivint Solar Business Overview
- 13.12.3 Vivint Solar Intelligent Solar Major Product Offerings
- 13.12.4 Vivint Solar Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.12.5 Key News
- 13.13 Intelligentsolar
- 13.13.1 Intelligentsolar Company Overview
- 13.13.2 Intelligentsolar Business Overview
- 13.13.3 Intelligentsolar Intelligent Solar Major Product Offerings
- 13.13.4 Intelligentsolar Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.13.5 Key News
- 13.14 ENF
- 13.14.1 ENF Company Overview
- 13.14.2 ENF Business Overview
- 13.14.3 ENF Intelligent Solar Major Product Offerings
- 13.14.4 ENF Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.14.5 Key News
- 13.15 DueDil
- 13.15.1 DueDil Company Overview
- 13.15.2 DueDil Business Overview
- 13.15.3 DueDil Intelligent Solar Major Product Offerings
- 13.15.4 DueDil Intelligent Solar Sales and Revenue fromIntelligent Solar (2020-2025)
- 13.15.5 Key News
- 14 Key Market Trends, Opportunity, Drivers and Restraints
- 14.1 Key Takeway
- 14.2 Market Opportunities & Trends
- 14.3 Market Drivers
- 14.4 Market Restraints
- 14.5 Market Major Factor Assessment
- 14.6 Porter's Five Forces Analysis of Intelligent Solar Market
- 14.7 PEST Analysis of Intelligent Solar Market
- 15 Analysis of the Intelligent Solar Industry Chain
- 15.1 Overview of the Industry Chain
- 15.2 Upstream Segment Analysis
- 15.3 Midstream Segment Analysis
- 15.3.1 Manufacturing, Processing or Conversion Process Analysis
- 15.3.2 Key Technology Analysis
- 15.4 Downstream Segment Analysis
- 15.4.1 Downstream Customer List and Contact Details
- 15.4.2 Customer Concerns or Preference Analysis
- 16 Conclusion
- 17 Appendix
- 17.1 Methodology
- 17.2 Research Process and Data Source
- 17.3 Disclaimer
- 17.4 Note
- 17.5 Examples of Clients
- 17.6 Disclaimer
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