Press release
Air Coolers Global Market By Product Type, By Application, By Manufacturers, By Technology, Growth Analysis And Forecast 2023-2032 | Bajaj Electricals Ltd., Symphony Limited, Havels India Limited, Kenstar, LG Electronics Inc.
Air Coolers Market Size, Growth Rate, And Forecast
The global air coolers market size is expected to grow from $1.45 billion in 2022 to $1.62 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The air coolers market size is expected to grow to $2.41 billion in 2027 at a CAGR of 10.5%.
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Air Coolers Market Drivers
The increasing hot weather conditions are expected to propel the growth of the air coolers market going forward. An air cooler is any device that is used to cool the air in a building, area, or vehicle.
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Air Coolers Market Segments
• By Type: Tower, Desert, Other Types
• By Size: Spot Cooler, Medium Space Cooler, Large Space Cooler
• By Application: Industrial, Residential, Commercial
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Air coolers market.
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Air Coolers Market Key Players
Major competitors in the Air coolers market include Bajaj Electricals Ltd., Symphony Limited, Havels India Limited, Honeywell International Inc., Aolan (Fujian) Industrial Co. Ltd., Seeley International Pty Ltd., Fujian Jinghui Environmental Technology Co.Ltd., De'Longhi S.p.A., Daikin Industries Ltd., Haier Group Corporation, Intex Technologies, Kenstar, LG Electronics Inc., Orient Electric Limited, Usha International Limited, Voltas Limited and Evapolar.
The Business Research Company's "Global Air Coolers Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Air Coolers Market Include:
1. Executive Summary
2. Air Coolers Market Characteristics
3. Air Coolers Market Trends And Strategies
4. Air Coolers Market - Macro Economic Scenario
5. Air Coolers Market Size And Growth
.....
26. Africa Air Coolers Market
27. Air Coolers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Air Coolers Market
29. Air Coolers Market Future Outlook and Potential Analysis
30. Appendix
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