Global Evaporative Cooler Market Research Report 2022
SKU ID : QYR-21605452 | Publishing Date : 05-Sep-2022 | No. of pages : 104
An evaporative air Coolers (also swamp cooler, desert cooler and wet air cooler) is a device that cools air through the evaporation of water, which can cool air using much less energy than refrigeration. Evaporative cooling differs from typical air conditioning systems which use vapor-compression or absorption refrigeration cycles. In extremely dry climates, evaporative cooling of air has the added benefit of conditioning the air with more moisture for the comfort of building occupants.
Market Analysis and Insights: Global Evaporative Cooler Market
Due to the COVID-19 pandemic, the global Evaporative Cooler market size is estimated to be worth US$ 11720 million in 2022 and is forecast to a readjusted size of US$ 26280 million by 2028 with a CAGR of 14.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Portable Evaporative Air Coolers accounting for % of the Evaporative Cooler global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Civil segment is altered to an % CAGR throughout this forecast period.
The global evaporative cooler industry is fragmented, Its major manufacturers are SPX, Kelvion Holding GMBH, Baltimore Aircoil Company, Evco Group, EBARA, Longhua, Mengguang Machinery, Gansu Lanko Petrochemical High-tech Equipment, Condair Group AG, Hubei Provincial Electric Equipment, Shanghai Baopeng Machinery Manufacturing, Shijiazhuang TianrenChemical Equipment Group, Honeywell, NewAIR, Hessaire, HITAIL, PREM-I-AIR, North Storm Air Wave Coolers and Jinghui, among others, together account for 18% of the market.
Global Evaporative Cooler Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Evaporative Cooler Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Portable Evaporative Air Coolers
Business Evaporative Air Cooler
Segment by Application
Civil
Commercial
By Company
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
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Evaporative Cooler Market
Due to the COVID-19 pandemic, the global Evaporative Cooler market size is estimated to be worth US$ 11720 million in 2022 and is forecast to a readjusted size of US$ 26280 million by 2028 with a CAGR of 14.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Portable Evaporative Air Coolers accounting for % of the Evaporative Cooler global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Civil segment is altered to an % CAGR throughout this forecast period.
The global evaporative cooler industry is fragmented, Its major manufacturers are SPX, Kelvion Holding GMBH, Baltimore Aircoil Company, Evco Group, EBARA, Longhua, Mengguang Machinery, Gansu Lanko Petrochemical High-tech Equipment, Condair Group AG, Hubei Provincial Electric Equipment, Shanghai Baopeng Machinery Manufacturing, Shijiazhuang TianrenChemical Equipment Group, Honeywell, NewAIR, Hessaire, HITAIL, PREM-I-AIR, North Storm Air Wave Coolers and Jinghui, among others, together account for 18% of the market.
Global Evaporative Cooler Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Evaporative Cooler Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Portable Evaporative Air Coolers
Business Evaporative Air Cooler
Segment by Application
Civil
Commercial
By Company
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
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.