Press release
Exploring the Global Air Coolers Market: A Comprehensive Overview
The air coolers market size has grown rapidly in recent years. It will grow from $1.62 billion in 2023 to $1.8 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to climate conditions and seasonal variations, energy efficiency concerns, affordability and cost-effectiveness, sustainable and eco-friendly cooling, rural and semi-urban demand.
The air coolers market size is expected to see rapid growth in the next few years. It will grow to $2.7 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to consumer preferences for natural cooling, product affordability and variety, availability and distribution, innovative designs and portability, population growth and urbanization. Major trends in the forecast period include home cooling preferences, diverse product range and features, government policies and incentives, consumer education and awareness.
Market Overview -
An air cooler is any device that is used to cool the air in a building, area, or vehicle. Air coolers are used to cool rooms in buildings as well as to make refrigerators out of thermally insulated casings. An air cooler draws in fresh air from the outside and cools it. Like an air conditioner, an air cooler doesn't dry out the air. Better air quality is offered by an air cooler, depending on how it functions.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8439&type=smp
Surging Global Temperatures Fuel The Air Coolers Market
The increasing hot weather conditions are expected to propel the growth of the air coolers market going forward. An air cooler is any device that is used to cool the air in a building, area, or vehicle. Air coolers are used to cool rooms in buildings as well as to make refrigerators out of thermally insulated casings. For instance, according to World Metrological Organization, a Switzerland-based international agency responsible for promoting international cooperation on atmospheric science, climatology, hydrology, and geophysics, in 2022, the average global temperature was 1.15 [1.02 to 1.28] °C higher than it was between 1850 and 1900. Therefore, increasing hot weather conditions are driving the air coolers market.
Competitive Landscape -
Major companies operating in the air coolers market report are Bajaj Electricals Ltd., Symphony Limited, Havells India Limited, Honeywell International Inc., Aolan (Fujian) Industrial Co. Ltd., Orient Electric Ltd., Voltas Limited, Usha International Limited, V-Guard Industries Ltd., LG Electronics Inc., Blue Star Limited, Carrier Corporation, Daikin Industries Ltd., Mitsubishi Electric Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, Toshiba Corporation, Whirlpool Corporation, Hitachi Ltd., Gree Electric Appliances Inc. of Zhuhai, Midea Group Co. Ltd., Hisense Electrical Co Ltd, TCL Corporation, Electrolux AB, Haier Group Corporation, Trane Technologies plc, Lennox International Inc.
Innovative Cooling Solutions Redefining The Air Coolers Market
Product innovation is a key trend in gaining popularity in the air coolers market. Major companies operating in the air coolers market are focused on developing innovative products to strengthen their position in the market. For instance, in April 2021, Crompton, an Indian-based company that deals in fans and air coolers launched the latest Optimus 65 IoT Desert Coolers that provide instant cooling with a touch of smartness. In addition, Crompton has launched the Optimus 65 IOT coolers with PureShield Technology, a system that combines a PM2.5 filter to deliver filtered air with Anti-bac Control panels powered by N9 Silver World Technology to protect against bacteria. It's a smart air cooler that can be used and controlled by voice assistants like Google Home or Amazon Alexa as well as the Crompton app.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/air-coolers-global-market-report
Key Segments -
The air coolers market covered in this report is segmented -
1) By Type: Tower, Desert, Other Types
2) By Size: Spot Cooler, Medium Space Cooler, Large Space Cooler
3) By Application: Industrial, Residential, Commercial
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
The air coolers market size is expected to see rapid growth in the next few years. It will grow to $2.7 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to consumer preferences for natural cooling, product affordability and variety, availability and distribution, innovative designs and portability, population growth and urbanization. Major trends in the forecast period include home cooling preferences, diverse product range and features, government policies and incentives, consumer education and awareness.
Market Overview -
An air cooler is any device that is used to cool the air in a building, area, or vehicle. Air coolers are used to cool rooms in buildings as well as to make refrigerators out of thermally insulated casings. An air cooler draws in fresh air from the outside and cools it. Like an air conditioner, an air cooler doesn't dry out the air. Better air quality is offered by an air cooler, depending on how it functions.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8439&type=smp
Surging Global Temperatures Fuel The Air Coolers Market
The increasing hot weather conditions are expected to propel the growth of the air coolers market going forward. An air cooler is any device that is used to cool the air in a building, area, or vehicle. Air coolers are used to cool rooms in buildings as well as to make refrigerators out of thermally insulated casings. For instance, according to World Metrological Organization, a Switzerland-based international agency responsible for promoting international cooperation on atmospheric science, climatology, hydrology, and geophysics, in 2022, the average global temperature was 1.15 [1.02 to 1.28] °C higher than it was between 1850 and 1900. Therefore, increasing hot weather conditions are driving the air coolers market.
Competitive Landscape -
Major companies operating in the air coolers market report are Bajaj Electricals Ltd., Symphony Limited, Havells India Limited, Honeywell International Inc., Aolan (Fujian) Industrial Co. Ltd., Orient Electric Ltd., Voltas Limited, Usha International Limited, V-Guard Industries Ltd., LG Electronics Inc., Blue Star Limited, Carrier Corporation, Daikin Industries Ltd., Mitsubishi Electric Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, Toshiba Corporation, Whirlpool Corporation, Hitachi Ltd., Gree Electric Appliances Inc. of Zhuhai, Midea Group Co. Ltd., Hisense Electrical Co Ltd, TCL Corporation, Electrolux AB, Haier Group Corporation, Trane Technologies plc, Lennox International Inc.
Innovative Cooling Solutions Redefining The Air Coolers Market
Product innovation is a key trend in gaining popularity in the air coolers market. Major companies operating in the air coolers market are focused on developing innovative products to strengthen their position in the market. For instance, in April 2021, Crompton, an Indian-based company that deals in fans and air coolers launched the latest Optimus 65 IoT Desert Coolers that provide instant cooling with a touch of smartness. In addition, Crompton has launched the Optimus 65 IOT coolers with PureShield Technology, a system that combines a PM2.5 filter to deliver filtered air with Anti-bac Control panels powered by N9 Silver World Technology to protect against bacteria. It's a smart air cooler that can be used and controlled by voice assistants like Google Home or Amazon Alexa as well as the Crompton app.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/air-coolers-global-market-report
Key Segments -
The air coolers market covered in this report is segmented -
1) By Type: Tower, Desert, Other Types
2) By Size: Spot Cooler, Medium Space Cooler, Large Space Cooler
3) By Application: Industrial, Residential, Commercial
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
