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China Air Coolers Market Analysis, Size, Current Scenario and Future Prospects

09-07-2023 12:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

China Air Coolers Market Analysis, Size, Current Scenario

China air coolers market is estimated to grow at a CAGR of 11.9% during the forecast period. Increasing residential construction is one of the crucial factors accelerating market growth. As per the National Bureau of Statistics of China, in 2019, the housing construction area of real estate development enterprises in China was 8,938.21 million square meters, which is a rise of 8.7% compared to 2018. The increasing housing construction will accelerate the adoption of home appliances, including air coolers that are compact in size and are suitable to cool small- to medium-sized rooms. Room coolers have slightly less capacity water tanks compared to outdoor coolers. Air coolers utilize clean, fresh air from the environment and support to keep windows open for better air circulation, however, ACs circulate stale air under a sealed room.

Air coolers feature low capita cost and 90% low recurring cost than ACs, with easy and cost-effective maintenance. This, in turn, is contributing to its significant adoption, primarily in residentials. Additionally, air coolers consume less electricity and can also work in low voltage areas, which results in significantly lower monthly electricity/power bills. Additionally, air coolers need low maintenance and offer potential environmental benefits with very low power consumption and no harmful chlorofluorocarbons (CFC) emissions. 

Symphony Ltd., Aolan (Fujian) Industry Co., Ltd, and Vankool Technology Co., Ltd. are some crucial players that operate in the country. Vankool Technology Co., Ltd. offers DC air coolers, household coolers, and commercial coolers. Its range of household coolers include VABW08-EQ, VABW06-EQ, VAB04-EQ, VAB025-EQ, VAB025-EQ2, and more. VAB025-EQ2 is a portable evaporative air cooler that features a motor with 100% copper coil, 4 side cooling pad, auto swing from left to right, and axial fan that ensures 5-7-meter-long air delivery. In addition, it offers a water shortage warning and protection. 

To Request a Sample of our Report on China Air Coolers Market:  https://www.omrglobal.com/request-sample/china-air-coolers-market

Scope of the China Air Coolers Market

Market Coverage

Market number available for 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- By Type and Application
Competitive Landscape- Symphony Ltd., Vankool Technology Co., Ltd., Aolan (Fujian) Industry Co., Ltd., and LG Electronics

China Air Coolers Market-Segmentation

By Type

Tower
Desert
Others

By Application

Residential
Commercial

A full Report of China Air Coolers Market is Available at:  https://www.omrglobal.com/industry-reports/china-air-coolers-market

Company Profiles

Aolan (Fujian) Industry Co.,Ltd. 
Fujian Esheng Technology Co.,Ltd.
Fujian Jinghui Environmental Technology Co., Ltd.
Honeywell International Inc.
LG Electronics
Midea Group
Ningbo Aucst Industrial Co., Ltd.
Symphony Ltd.
Vankool Technology Co.,Ltd.
Zhejiang Lepu Machinery Electronics & Technology Co., Ltd.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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For More Customized Data, Request for Report Customization @  https://www.omrglobal.com/report-customization/china-air-coolers-market

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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