openPR Logo
Press release

Personal Cooling Devices Market - Key Trends & Industry Forecast 2016 - 2024

Personal Cooling Devices Market - Key Trends & Industry Forecast

Personal cooling devices are useful for dealing with heat stress, headaches, and heat related irritability among others. Hot weather can prove to be tiresome and due to this families resort to the purchase of expensive and high tonnage air conditioners. Families falling in the low to middle income group resort to the purchase of coolers which are far less effective as compared to air conditioners, but are capable of maintaining a cool temperature. However, with the rising cost of electricity, families find it difficult in maintaining such expensive air conditioners and they are looking for alternative ways to keep themselves cool during summer without having to spend a fortune on electricity to run air conditioners. Due to this factor, consumers are showing increased preference towards personal cooling devices to tackle the heat during summer.

Obtain Report Details @
http://www.transparencymarketresearch.com/personal-cooling-devices-market.html

Personal cooling devices offer a broad range of cost-effective products that are easy to operate. Energy efficiency of these products is one of the major factors fuelling the demand for personal cooling devices across the globe. Such products runs mainly on batteries and in some cases, they run on solar energy as well. Adoption of such products would reduce the usage of air conditioners and electrically operated coolers significantly, thus reducing power consumption. High affordability of such products due to their low price is another major factor fuelling the demand for such devices across the globe, especially in regions where the temperature is relatively high during summer. Further, individual comfort offering, mobility and user friendly nature of such products are other key factors pushing the demand for personal cooling devices globally.

However, low market penetration for such products is a major factor barring the growth of the market at present. Majority of the consumers are unaware about the availability of such products, which has shown a negative impact on the growth of the market. Use of HVAC systems as a replacement for personal cooling devices is another major factor restraining the growth of the market. HVAC systems are more adaptable compared to personal cooling devices, thus being a primary preference among the consumers at present.

However, expansion of distribution channel and increased market penetration for such products would pose to be a suitable opportunity for the growth of the market in the future.

The global personal cooling devices market has been segmented on the basis of product types into personal air conditioners and handheld cooling devices. However, on the basis of technology, the market has been segmented into ambient cooling technology.

Further, the market has been segmented on the basis region into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Asia Pacific has significant opportunity for the growth of the personal cooling device market with China, Japan and India being the major contributors to the growth of this market. China is the major producer and supplier of personal cooling devices and the market for the same is witnessing a significant growth in China. This is due to the low cost of production for such products coupled with a variety of features. Further, many countries in Asia Pacific have a hot climate for most of months in a year. Further, increase in global warming is also fuelling the rise in the temperature in this region. Hot temperature coupled with the rising cost of electricity has led the consumers to resort to the purchase of personal cooling devices.

The global personal cooling devices market is marked by some intense competition from the major players operating in this market. Frequent mergers and acquisitions, joint ventures and partnerships, product innovation through extensive R&D activities are some of the major strategies adopted by these leading players to operate and sustain in this market. Honeywell International, Havells India Ltd. Evapolar Ltd, Ambient Therapautics, Genexus LLC and Lakeland Ltd. are some of the key players operating in the field of personal cooling devices at present.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Fill the form for an exclusive sample of this report @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=15557

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Personal Cooling Devices Market - Key Trends & Industry Forecast 2016 - 2024 here

News-ID: 709085 • Views: 164

More Releases from Transparency Market Research

Distributed Operating System Market: A Latest Research Report to Share Industry …
A distributed operating system is a software which is a collection of distinct computational nodes that are networked, independent, and communicating in order to perform certain operations The distributed operating system manages the jobs that are serviced by multiple processing units. Every distinct node holds a precise software subset of the global collective operating system. Each subset is a composite of two distinct service provisions. The first subset is a universal kernel,
Research Outlines Huge Growth In Automatic Dependent Surveillance Broadcast Mark …
Automatic dependent surveillance-broadcast (ADS-B) is surveillance technology which enables an aircraft to determine its position through satellite navigation. Automatic dependent surveillance-broadcast (ADS-B) helps to track an aircraft through periodical broadcasts. As a replacement for secondary surveillance radar, automatic dependent surveillance - broadcast (ADS–B) technology can be used by air traffic control ground stations to gather information regarding tracking of the aircraft. It can also be used by other aircrafts to enable
RF Shielded Test Enclosures Market: Structure and Overview of Key Industry
RF shielded test enclosures, also called RF shielded test boxes, are used for testing of RF and microwave devices in an isolated test environment, which lacks interference of other devices as well as the external environment These test boxes are used in isolation from unintended electromagnetic interference in noisy surroundings. In order to check whether a device is functioning up to the mark in an isolated environment, these boxes are used
Pitot Tube Anemometers Market Will Escalate Rapidly in the Near Future
A pitot tube anemometer is a flow measurement device that is designed to measure and display air pressure, air velocity, volumetric flow, and air temperature Pitot tube anemometers involve use of the microprocessor technology for signal processing, which ensures quick and accurate measuring results Pitot tube anemometers are available in two types i.e. portable and fixed When not in use, a pitot tube anemometer should be placed in dry conditions and be protected

All 5 Releases


More Releases for Personal

Personal Protective Equipment (PPE)
Personal Protective Equipment (PPE) Market research report examines adoption trends, future growth potentials, key drivers, competitive outlook, restraints, opportunities, key challenges, Personal Protective Equipment (PPE) industry ecosystem, and revenue chain analysis. This report presents a detailed analysis, market sizing, and forecasting for the emerging segment within the Personal Protective Equipment (PPE) market. The report is thoroughly segmented by product type, application, vertical, and region. The points that are discussed within
Personal Car Renting Business
The Car Rental sector has been there in the top list now for around a decade because the global economies are emerging and purchasing power of the people is increasing. The global car rental sector became an important part of the economy due to the introduction of the new concepts of doing the business-like personal car on rent service, outstation car renting, a car with and or without driver renting,
Personal Services Market
Personal Services Market Global Briefing 2017 Personal Services market global briefing provides strategists, marketers and senior management with the critical information they need to assess the global personal services sector. Reasons to Purchase: • Outperform competitors using accurate up to date demand-side dynamics information. Identify growth segments for investment. • Facilitate decision making on the basis of historic and forecast data and the drivers and restraints on the market. • Develop strategies based on likely future developments. • Suitable for
Personal Care Appliances in China
Latest Report on Personal Care Appliances in China The growing pursuit of personal well-being, alongside increasing purchasing power, is fuelling demand for personal care appliances, with volume sales rising by a strong 6% in 2016. However, due to rising product penetration, growth is now slowing, with the economic downturn also having a negative impact on sales. Personal Care Appliances in China report offers a comprehensive guide to the size and shape of
Baby Personal Care Market
Monitoring the production of goods used for caretaking of babies becomes hypercritical in the premise of rising incidence of infections among infants. Owing to concerns about the potential health impact of chemicals in baby personal care products, manufacturers are scampering to include organic ingredients in their offerings. Authorities regulating the production of baby personal care products continue to adopt new techniques for eliminating the presence of harmful ingredients. In the
Personal Loan at loanbaba.com
If you give out a lot of repayments from monthly income, getting loans can be burdensome. This is why some cannot obtain one. However, for meeting main expenses, a personal loan is a smart tool. There is an application process that you have to follow to get the loan approved, especially if you do not possess a hard proof about your ability to pay. Importance of a Good Credit Score If you