Global Portable Air Coolers Market Rising at 14.00% CAGR Due to Reduced Power Consumption Techniques

The accelerating per capita income attainment in the emerging economies and developing countries has added thrust in the demand of fastest consumer goods, among which portable air coolers have reflected a significant growth rate in the global market, expected to rise annually at the rate of 14% during the projected time phase of 2020 to 2027. As tackled by our senior analysts the market potential is estimated to deliver USD 12.72 billion business by 2027.         

The feasibility of the portable air coolers are the basic source of market growth, they can be fitted in the varying size of small room, medium room, and large room owing to the portability factor, which is boosting the market growth across the world.

Portable Air Coolers Market Scenario

According to Data Bridge Market Research the market portable air coolers is germinating due to the energy saving efficiency and affordability. The technological amendments of making the portable coolers eco-friendly is also adding in the market growth. Deprived of the cooling agents, they are impotent in rendering hazardous chlorofluorocarbons and hydrofluorocarbons, offering to construct a sustainable environment. Thus owing to certain potential drivers portable air coolers market is determined to offer a valuable market and business opportunity both in terms of revenue and volume.       

Now the question is which are the other regions portable air coolers market is targeting? Data Bridge Market Research has forecasted a large growth in the Asia-Pacific (APAC) regions, especially in the developing pockets of India owing to the surging population and increment in the personal disposable income.    

For more analysis on the portable air coolers market request for a briefing with our analysts

Portable Air Coolers Market Development and Acquisitions in 2020

  • In January 2020, two of the potential companies of United States, both dealing in the field of heating, ventilation, and air conditioning (HVAC) have made recent advancement for amending the air coolers in the residential and commercial purpose. Will's All Pro plumbing & air conditioning is acquired by the established Goettl Air Conditioning, Inc. a veteran player of the air cooling industry. This acquisition will enhance the Goettl’s portfolio in the Southwest of the U.S.         
  • In January 2020, the Godrej Group emerging name in the zone of household appliances and quality home essentials in the internarial market has launched its recent Air Collars for the domestic market of India in Asia-Pacific region. The cooler is energy saving efficient and is integrated with inverter for conveniences. The latest air cooler is available in different sizes and capacity as per the consumer choice and feasibility.     

Portable Air Coolers Market Scope

The portable air coolers market  is segmented on the basis of countries into U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of portable air coolers market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the portable air coolers market is segmented into portable air conditioner for small room, portable air conditioner for medium room and portable air conditioner for large room. Based on the product, the portable air coolers market is segmented into hard-sided, soft-sided and others. The portable air coolers market is also segmented based on application into residential and commercial.

To know more about

Key Pointers Covered in the Portable Air Coolers Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • De’Longhi Appliances S.r.l.
  • Air-Art Heating & Air Conditioning
  • AB Electrolux (publ)
  • Olimpia Splendid S.p.A
  • Carrier Midea India
  • LG Electronics
  • Haier Inc.
  • SunTec Web Services Pvt. Ltd
  • Carrier Corporation
  • Whirlpool NewAir and NewAir
  • Gree
  • Panasonic Corporation

Above are the key players covered in the report to know about more and exhaustive list of portable air coolers companies’ contact us:

Research Methodology of Portable Air Coolers Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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