Evaporative Cooling Market 2021 – 2022 | Overview, and scope industry Size, Market Share, Leading Players and Forecast

Cooling devices are one of the most sought after electric appliances with the primary utility being that of providing temperature control, especially in summers. The principle underlying evaporative cooling is the fact that water must have heat applied to it to change from a liquid to a vapour. When evaporation occurs, this heat is taken from the water that remains in the liquid state, resulting in a cooler liquid. Applying this principle, cooling machines have been formulated, which can be used on both domestic and industrial scale. There are primarily two types of evaporative coolers: direct, and indirect.

In a direct evaporative cooler, a blower forces air through a permeable and water-soaked pad. As the air is passing through the pad, it is filtered and cooled as well as humidified. On the other hand, an indirect type evaporative cooler carries a secondary heat exchanger that prevents humidity levels from being increased in the airstream that enters the cooling area.

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Market Dynamics
Although these devices have huge utility, there are several factors that could drive their demand upwards or could affect it negatively. Evaporative coolers are very cost effective and efficient in regions where extremely low temperatures are not needed. They also have comparatively better carbon footprint stats as compared to refrigerant based cooling systems.

They have huge demand in tropical regions, specially the ones that face dry heat waves. In contrast to more sophisticated cooling systems, these provide more flexibility in usage, ensuring fresh air flow as well. However one major restraining factor for their demand is that evaporative coolers do not function efficiently in humid climates. Also, in areas of low water supply, this added water demand could further aggravate the situation.

Market Segmentation
The market is segmented primarily in terms of geography and type. Considering geography, evaporative coolers are highly ideal for arid regions with low dewpoint conditions, limiting it to dry climates. The other factor, type, categorises this market into following types: roof mounted, central cooling systems, and horizontal units(which could be window mounted or ground based). While roof mounted are ideal for larger homes, horizontal ones are suitable for cooling of small rooms. The other segmentation factors could include application- whether the cooler is to be utilized for industrial or domestic utility.

Key Players
Some of the top manufacturers in this domain include: PX, 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.
These broadly cover the countries of South Asia, Europe, America etc.

Report Contents Regional Analysis Report Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

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Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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