Evaporative Air Coolers Market Is Forecast To Reach USD 10.8 Billion By 2032

The global evaporative air cooler market is expected to reach USD 10.8 billion by 2032, growing at a CAGR of 4.8% from 2022 to 2032.

In a recent development, Facebook has taken its data centres to a whole new level by using evaporative air cooling technology to power these facilities. This move is expected to make data centres more energy and water efficient, giving a whole new meaning to the phrase "environmentally friendly." These data centres powered by evaporative air coolers are expected to reduce water consumption by more than 20% in hot and humid climates and close to 90% in cooler climates.

Competitive Landscape

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 are among the key evaporative air coolers manufacturers profiled in Fact.report. MR's

To meet the modern-day challenges of component placement in the engine environment, key manufacturers are constantly innovating product designs.

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Global Evaporative Air Coolers Market Segments

By Product Type :-

Portable Cooler

Window Mounted Cooler

Personal Cooler

Tower Cooler

By Water Tank Capacity :-

5-25 Liters

26-50 Liters

51-70 Liters

71-120 Liters

120 Liters and Above

By Material :-

Fiber

Metal

Stainless Steel

Plastic

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By Effective Cooling Area :-

100-399 Sq. ft.

400-799 Sq. ft.

800-999 Sq. ft.

1000 Sq. ft. and Above

By Sales Channel :-

Direct Sales

Modern Trade

Specialty Stores

Online Stores

Departmental Stores

Other Sales Channel

By End Use :-

Residential Sector

Commercial Sector

Key Takeaways from the Market Study

The global low-code development market is expected to be worth $14 billion by the end of 2022.
The value of mobile application low code development platforms is expected to exceed US$ 935 million.
Business intelligence and predictive analytics are expected to grow at a whopping 20% CAGR.
More than half of low code development platforms will be deployed across SMEs in the United States, making it the most opportunistic market, accounting for 65% of revenue.
China could be a cash cow, accounting for roughly one-fifth of global low-code development revenue.

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How is the commercial sector expected to remain prominent?

The global emphasis on sustainability has resulted in the adoption of green products and green energy solutions across a wide range of commercial establishments, particularly in developed countries such as the United States. Top evaporative air cooler manufacturers and suppliers are increasing production capacity to meet rising demand from other industries.

The grocery and general merchandise sector has increased demand for energy efficient air cooling systems, and the use of evaporative air coolers in this sector has seen a surge in the global market in recent years. The commercial sector, on the other hand, is expected to be worth USD 4.6 billion by the end of 2032.

How can Fact.MR Make Difference?

• In-depth examination of several market aspects that may have an impact on the market's growth rate
• Provides information on recent market developments and marketing strategies implemented by leading companies worldwide.
• Outlined key factors that will influence market growth during the forecast period.
• Estimated growth rate based on historical growth rate and future prospects
• Current innovations and product launches in the global landscape • Detailed description of the competitive landscape with reference to leading companies and new market entrants

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