The global evaporative air cooler market is expected to increase at a CAGR of 4.8 percent from 2022 to 2032, from USD 6.7 billion in 2022 to USD 10.8 billion in 2032. 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.
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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.
Competitive Landscape
Fact.MR has profiled the following key evaporative air coolers manufacturers in its report are Symphony Limited, Bajaj Electrical Limited, Honeywell International Inc, Havells India Ltd, Usha International, Porta cool LLC, Seeley International Pty Ltd, Hessaire Products Inc, Vertiv Group Corp, Sky Air Cooler, Arctic, Delta T, LLC (BigAss Fans) and Eva polar etc.
Key manufacturers are constantly innovating product designs to meet the modern day challenges pertaining to components placement in the engine environment.
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Global Evaporative Air Coolers Market Segments
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By Product Type :-
- Portable Cooler
- Window Mounted Cooler
- Personal Cooler
- Tower Cooler
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By Water Tank Capacity :-
- 5-25 Liters
- 26-50 Liters
- 51-70 Liters
- 71-120 Liters
- 120 Liters and Above
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By Material :-
- Fiber
- Metal
- Stainless Steel
- Plastic
-
By Effective Cooling Area :-
- 100-399 Sq. ft.
- 400-799 Sq. ft.
- 800-999 Sq. ft.
- 1000 Sq. ft. and Above
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By Sales Channel :-
- Direct Sales
- Modern Trade
- Specialty Stores
- Online Stores
- Departmental Stores
- Other Sales Channel
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By End Use :-
- Residential Sector
- Commercial Sector
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