Press release
Evaporative Cooler Market Competitive Analysis with Growth Forecast 2021 to 2027|SPX, Kelvion Holding GmbH, Baltimore Aircoil Company, Evapco Group, EBARA
Global Evaporative Cooler Market Insights and Forecast to 2027The Evaporative Cooler Market research report provides an in-depth analysis of the current’s trends, latest developments, scenario, market size, various drivers, restraints, and major players along with their profile details. Research report offers the historic data for year 2021 and 2027 and also provides the forecast data from year 2021 to 2027 which is based on revenue. With the help of all these information research report helps the market participants to improve market positions. With the help of all these insights Evaporative Cooler market research report recommends a business strategy for present market participants to strengthen their position in the market.
The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: SPX, Kelvion Holding GmbH, Baltimore Aircoil Company, Evapco Group, EBARA, Luoyang Longhua, Xiamen Mingguang, Lanpec Technologies, Condair Group AG, Hubei Electric Power Company, Shanghai Baofeng, Shijiazhuang Tianren, Honeywell, NewAir, Hessaire, Hitachi, Prem-I-Air, North Storm Air Wave Coolers, Jinghui
INDUSTRY NEWS
Baltimore Aircoil Company (BAC), a leading player in cooling solutions worldwide for the commercial, industrial, and refrigeration markets, acquired Italy-based Eurocoil SpA. The company is a prominent manufacturer of heat exchangers serving the European commercial and refrigeration industries. The addition of Eurocoil increases Baltimore Aircoil’s manufacturing capacity in the region while adding additional heat.
Condair launched a new direct evaporative cooling system for data centers that has the benefit of humidifying and cooling the airstream without adding thermal energy (heat). This solution introduces liquid water directly into the air stream, and it draws heat from the air to change the liquid to the vapor phase.
The Global Evaporative Cooler Market Size is Projected to Reach at a CAGR of 16.34% during 2021-2027.
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MARKET OVERVIEW
The evaporative coolers that are being offered in the market studied offers the ability to provide cooling in multiple spaces at a very affordable cost and operating expenses, as it makes use of fewer components as compared to the air conditioning systems, such as fan, pump, and water to do the cooling. One of the major advantages of these evaporative cooling systems remains their low cost of ownership.
Covid-19 Impact and Recovery Analysis:
The number one goal of this Evaporative Cooler Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Evaporative Cooler market document.
Evaporative Cooler market Segmentation By Type:
Portable Evaporative Air Coolers
Business Evaporative Air Cooler
Evaporative Cooler market Segmentation By Application:
Civil
Commercial
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Regional Outlook:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
REGIONAL ANALYSIS
The Asia Pacific Region to Hold Major Market Share
Driven by growing temperatures and higher incomes, the Southeast Asian region is expected to witness a huge demand for AC sales. An overall number of air-conditioner units in 2040 is expected to rise from 40 million units in 2017 to 300 million units in 2040, half of which will be from Indonesia.
Further, according to the International Energy Agency’s 2020 report, China, the United States, and Japan dominate the cooling equipment sales while India and Indonesia are witnessing the fastest growth. China dominated the market with 40% of global cooling equipment purchases in 2019.
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Significant Features and Key Highlights of the Reports:
– Detailed overview of Evaporative Cooler Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Evaporative Cooler Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report gives answers to the following:
What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Evaporative Cooler industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2021-2027)?
What could be the anticipated value of the Evaporative Cooler marketplace in the during the forecast period?
Impact of COVID-19:
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the Evaporative Cooler market report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Customization: -
The Global Evaporative Cooler Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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