At 14.40% CAGR by 2028, Market for Evaporative Cooler to Reach USD 26002.80 Million | Top Leading Players are SPX, Kelvion Holding GmbH, Baltimore Aircoil Company, Evapco Group, EBARA and Others

Report Overview:

The Global Evaporative Cooler Market report provides a comprehensive assessment of the market. With climate change causing more frequent heatwaves, millions of people are at risk of exposure to deadly temperatures. As temperatures continue to rise, there is an urgent need to find cooling solutions that do not have a negative impact on the environment. This need has become a crucial factor driving the growth of the industry.

The Global Evaporative Cooler Market Size was estimated at USD 10140.00 million in 2021 and is projected to reach USD 26002.80 million by 2028, exhibiting a CAGR of 14.40% during the forecast period.

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One of the major factors driving the worldwide Evaporative Cooler Market is the developing demand for cost-effective cooling solutions. The evaporative cooler uses less vitality, making it a more affordable elective for middle-class families. Within the estimated time, this trend is likely to drive demand for evaporative coolers. Besides, these coolers use only water and do not utilize any artificial refrigerants.

In dry climes, evaporative coolers have computed the extra edge of conditioning the air with moisture and adding more comfort to building residents. These have positively anticipated propelling the growth of the Global Evaporative Cooler Market. There are certain constraints and barriers faced that will hinder the overall market growth.

Key Players:

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

Global Evaporative Cooler Market Segmentation:

By Type:
Portable Evaporative Air Coolers
Business Evaporative Air Cooler

The portable segment is expected to dominate the market during the forecast period, and is a popular choice for use in residential areas, offices, showrooms, and shops, especially where there is frequent opening and closing of doors. This type of cooler is cost-effective, as it consumes less energy compared to the business evaporative cooler.

By Application:
Civil
Commercial

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Geographic Segmentation:

North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Why Purchase the Report?
• The report includes information such as market dynamics scenario, opportunities and challenges during the forecast period
• Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
• Regional, sub-regional, and country-level data include the demand and supply forces along with their influence on the market.
• The competitive landscape comprises a share of key players, offering products, relevant financial information, recent developments, SWOT analysis, and strategies.
• Understand the current market scenario and viability of the global market over the forecast period.

Some of the key questions answered in this report:
• What can we estimate about the anticipated growth rates and also the global Evaporative Cooler industry size by 2028?
• What will happen in the coming existing and emerging markets?
• What will the market development pace of market?
• Which are the five top players in the Evaporative Cooler market?
• How will the Evaporative Cooler market change in the upcoming years?
• What are the key factors driving the Global market?
• Which product and application will take a share of the Evaporative Cooler market?
• What will be the CAGR and size of the Evaporative Cooler market throughout the forecast period?

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Key Points From TOC:
1 Research Methodology and Statistical Scope
2 Evaporative Cooler Market Overview
3 Evaporative Cooler Market Competitive Landscape
4 Evaporative Cooler Industry Chain Analysis
5 The Development and Dynamics of the Evaporative Cooler Market
6 Evaporative Cooler Market Segmentation by Type
7 Evaporative Cooler Market Segmentation by Application
...TOC Continued

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