250 Pages Evaporative Air Coolers Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
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The report offers actionable and valuable market insights of Evaporative Air Coolers. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Evaporative Air Coolers Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Evaporative Air Coolers market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Evaporative Air Coolers
In keeping with the growing innovation taking place in air cooling technology, manufacturers are going all out to build products that utilize less resources and provide more output, while maintaining environmental stability. In a recent development, tech giant Facebook has taken its data centers to a whole new level by adopting evaporative air cooling technology to power these facilities.
This move is anticipated to make the data centers more energy and water efficient – giving a whole new meaning to the phrase ‘environmentally friendly’. These data centers powered by evaporative air coolers are anticipated to reduce the usage of water by over 20% in areas with a hot and humid climate; and close to 90% in areas with cooler climes.
This newly published and insightful report sheds light on Market Insights of Evaporative Air Coolers, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Evaporative Air Coolers Market.
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Product Innovation to Remain the Main Focus of Manufacturers of Evaporative Air Coolers to Sustain in This Highly Competitive Market
Window air cooling systems and industrial evaporative air coolers are becoming increasingly popular across the world with expanding usage in diverse commercial and residential establishments.
This demand surge has pushed manufacturers to innovate in terms of their product offering to attract and retain their customer base.
Product innovations govern the basic landscape of the evaporative air cooler market and manufacturers are leveraging advanced technologies to beef up their product suites.
Technology such as IoT has also found its way into air cooling systems and new, smart evaporative air coolers are being launched in the market.
Also, state-of-the-art evaporative air coolers that allow users to customize the cooling output are finding more number of takers in the international market, as these evaporative air coolers are also an environment friendly alternative to traditional air conditioners.
IoT enabled evaporative air coolers incorporating smart sensors that optimize humidity, temperature, and fan speed based on the condition of the existing installation environment are also in great demand in both the residential and commercial sector.
Several wall mounted evaporative air coolers without outdoor units are also witnessing increasing demand, as these air coolers deliver enhanced value to customers without taking up floor space unlike traditional air conditioners.
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Manufacturers Utilizing Innovative Raw Materials to Build Evaporative Air Coolers
Innovation is taking the air cooling sector by storm and besides technology, manufacturers are also moving towards innovative raw materials for building evaporative air coolers. For instance, one of the newest types of evaporative air coolers recently introduced in the market is made of conical tubes of clay installed in a honeycomb design to add to the artistic effect. These clay tubes reduce the ambient temperature and are an energy efficient, low-tech, and aesthetic solution that incorporates evaporative cooling. The size and shape of these evaporative air coolers manufactured with terra-cotta conical tubes has been determined using advanced computational analytic models and latest techniques in calibration. This innovation can potentially redefine the air cooling technology landscape and augment a building’s energy efficiency levels.
Another innovation being witnessed in the air coolers market is the use of structures designed in cloud shapes that use evaporative air cooling to cool the temperature in areas where these are installed. These cloud evaporative air coolers are a low-energy alternate option to traditional air conditioners. Evaporation of water could possibly become the largest renewable energy source in the future, elevating the demand for evaporative air coolers across diverse applications and end use industries.
Adverse Climatic Conditions and Emergence of Cheap Alternatives to Threaten Evaporative Air Cooler Market Growth
Evaporative air coolers are the most efficient in areas with a hot and dry climate and are best suited for use during hot summers in tropical and sub-tropical regions. However, evaporative cooling technology may prove inefficient in regions with extreme humidity. Consumers in such regions prefer air conditioners over evaporative air coolers to benefit from enhanced cooling in constantly changing levels of humidity and temperature. This can act as a potential deterrent to revenue growth of the evaporative air cooler market in these regions.
Further, the evaporative air coolers market is swamped with several low-cost products that incorporate advanced technologies and provide a better energy output. These alternatives threaten to snatch the market share of evaporative air coolers in the international market. Also, evaporative air coolers are low on aesthetic appeal and may not conform to the preference standards of certain classes of consumers. This is another factor that can restrict adoption of evaporative air coolers in some of the developed regions of the world.
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Fact.MR, in its new report, offers an unbiased Market Analysis of Evaporative Air Coolers, Sales and Demand of Evaporative Air Coolers, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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