Personal Cooling Device Market to reach USD 9.24 Mn by 2029, emerging at a CAGR of 5.52 percent and forecast 2023-2029

Personal Cooling Device Market Report Scope:

The global Personal Cooling Device Market was valued at US$ 6.34 million in 2022 and is projected to reach $9.24 million by 2029, exhibiting a CAGR of 5.52% during the forecast period. This remarkable growth is attributed to the escalating impact of global warming and the emergence of innovative, energy-efficient cooling technologies.

The recently published report, titled "Personal Cooling Device Market," offers a detailed analysis of the market's dynamics, research methodology, drivers, restraints, and regional insights. It also investigates the profound impact of the COVID-19 pandemic on market leaders, followers, and disrupters across different regions and segments.

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Personal Cooling Device Market Research Methodology:

The report presents a comprehensive assessment of the market, providing insights based on industry-validated data, historical information, and projections. It includes a thorough analysis of market segments by material, type, end-user, and region.

What are Personal Cooling Device Market Dynamics:

Personal cooling devices are energy-efficient solutions that provide individualized comfort without affecting the overall environment. The demand for these devices is soaring globally, primarily due to the rising threat of global warming. User-friendly, energy-saving technologies in cooling devices are propelling the global market forward, offering benefits such as ergonomic designs, energy efficiency, and personalized comfort systems.

However, the adoption of HVAC systems as an alternative to personal cooling devices remains a challenge. HVAC systems offer greater flexibility, making them a preferred choice for many consumers.

Personal Cooling Device Market Regional Insights:

The Asia Pacific region is leading the global market, driven by its hot climate and the growing concern of global warming. China, Japan, and India are major contributors to the personal cooling device market, with China emerging as a key manufacturer and supplier due to its low production costs and feature variability.

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What is Personal Cooling Device Market Segmentation:

by Technology
Ambient Cooling Technology

by Product
Personal Air Conditioner
Handheld Cooling Device

by Application
Residential
Commercial
Automotive
Others

Due to the increasing e-commerce industry's use of non-cash payment methods globally, which is increasing the transaction application, in the market, the transaction sector is anticipated to have the bigger market size throughout the forecast period.

Online Analytical Processing (OLAP) and Online Transaction Processing (OLTP) are the two categories according to processing type. OLAP systems are anticipated to experience the fastest CAGR growth among them all during the projection period. OLAP systems are frequently used for corporate process management, sales management, forecasting, and corporate Intelligence (BI). Organisations' struggles with massive data are aided by in-memory OLAP solutions.

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Who are Personal Cooling Device Market Key Players:

1. Design Go Ltd.
2. Evapolar Ltd
3. Airwirl
4. Genexus LLC
5. Ambient Therapeutics
6. Beijing Huimao Cooling Equipment Ltd.
7. Havells India Ltd.
8. Lakeland Limited.
9. O2cool LLC
10.Holmes Ltd.
11.Honeywell International
12.Laird PLC
13.Shenzhen KRG Electronics Co. Ltd.
14.Tellurex Corporation
15.Genexus LLC
Table of content for the Personal Cooling Device Market includes:

Global Personal Cooling Device Market: Research Methodology
Global Personal Cooling Device Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Personal Cooling Device Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:

Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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