Evaporative
cooler is a device which cools air through the evaporation of water, also known
as swamp cooler, desert cooler, swamp box, and wet air cooler. It is easy to
use & cool the surroundings through the dissipation of water & heat. It
requires fresh air and work best with open windows & doors. It is best
suited for showrooms, residences, offices, shops, especially where doors are
opened & closed frequently. Its operating cost is typically half compare to
a central air conditioner, thus it is an energy efficient and environmentally
friendly device.
The
key benefits are included ease of installation & maintenance, less
expensive to install & operate and ventilation air. Apart from benefits,
some of the drawbacks are health hazards, low comfort and dependency of the
system on external climate.
According
to study, “World
Evaporative Air Cooler for Home Market Research Report 2024(Covering North
America, Europe, China, South East Asia, Japan and India)” the key
companies operating in the world evaporative air cooler for home market are
Symphony (Keruilai) Ltd., BRIVIS, Climate Technologies, Aolan (Fujian) Industry
Co., Ltd., Airgroup, Fujian Jinghui Environmental Technology Co., Ltd,
Excelair, Seeley International Pty Ltd., PMI, Kenstar, Eick, Lianchuang, Bajaj
Electricals Ltd., Heaire, Media, Khaitan Electricals Ltd., Hessaire Products,
Inc., NewAir (Luma Comfort), Phoenix Manufacturing, Honeywell International
Inc., SPT, Delonghi Appliances S.r.l., Crompton Greaves Consumer Electricals
Ltd., Ram Coolers, Canbara Industries Private Limited, Groupe SEB India Private
Limited, Orient Electric Limited, Usha International Limited, Vego Home Science
Private Limited, Luoyang Longhua Heat Transfer and Energy Conservation Co.,
Ltd., Hindustan Sanitaryware and Industries Limited, Marc Enterprises Private
Limited, Wim Plast Limited, Delta Cooling Towers Inc., Enexio Water
Technologies GmbH, Condair Group, Eco Cooling, SPX Cooling Technologies, Celtic
Cooling, Baltimore Aircol Company, Colt Group, Munters, Celcius Design Ltd.,
Evapcool, KAIL Limited, Bajaj Electricals Limited, Voltas Limited. The key
companies are engaging in mergers & acquisitions (M&A) to strengthen
their position in the evaporative air cooler market.
Based
on product type, evaporative air cooler for home market is segmented into
window air coolers, portable air coolers and whole house air coolers. Based on
material type, market is segmented into excelsior (aspen wood fiber), melamine
paper, plastics, corrugated cardboard and others. Based on function type,
market is segmented into automatic and semi-automatic. Based on distribution
channel, market is segmented into HVAC contractors & distributors, big box
retailers and other distribution channels. In addition, based on end-use,
market is segmented into commercial and residential.
The
evaporative air cooler for home market is driven by rise in temperatures across
the world, followed by increase in adoption of home cooling appliances, growth
in consumer spending capacity on luxury items, rise in disposable income &
increase in shift to luxury lifestyle. However, lower comfort & product
quality and shorter life may impact the market.
Based
on geography, South East Asia region holds major share in evaporative air
cooler for home market owing to rise in demand for climate comfort devices
caused by higher temperature in the region. North America, India and China
regions are poised to witness notable growth due to dry and hot climate in the
regions. It is anticipated that the future of the market will be bright on
account of presence of a large number of global as well as local manufactures
over the forecast period.
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Research
Ankur
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