Global Smart Water Cooler Market Research Report 2022

Smart water coolers are different compared with traditional water coolers. The products usually have functions of temperature control, LCD display, self-cleaning or app control, which are not included in the traditional water coolers. Smart water coolers tend to be more energy efficient, humane and environmental friendly.
Market Analysis and Insights: Global Smart Water Cooler Market
Due to the COVID-19 pandemic, the global Smart Water Cooler market size is estimated to be worth US$ 576.1 million in 2022 and is forecast to a readjusted size of US$ 572.6 million by 2028 with a CAGR of -0.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Bottled Water Dispenser or Bottled Water Cooler (BWC) accounting for % of the Smart Water Cooler global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Household Use segment is altered to an % CAGR throughout this forecast period.
North America is the largest Smart Water Cooler market with about 35% market share. China is follower, accounting for about 34% market share.The key manufacturers are Waterlogic, Midea, Angel, Honeywell, Culligan, Champ, Oasis, Primo, Whirlpool, Haier, Lamo, Qinyuan, Aqua Clara, Panasonic, Aux, Cosmetal, Quench, Chigo, Newair etc. Top 3 companies occupied about 27% market share.
Global Smart Water 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 Smart Water 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
Bottled Water Dispenser or Bottled Water Cooler (BWC)
Point-of-Use (POU)

Segment by Application
Household Use
Commercial Use

By Company
Waterlogic
Midea
Angel
Honeywell
Culligan
Champ
Oasis
Primo
Whirlpool
Haier
Lamo
Qinyuan
Aqua Clara
Panasonic
Aux
Cosmetal
Quench
Chigo
Newair
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
Latin America
Mexico
Brazil
Argentina