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Evaporative Coolers Market Share

Report ID: GMI7896
Published Date: Jan 2024
Report Format: PDF

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Evaporative Coolers Market Share

Key companies focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product development & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative & technologically-advanced solutions in the market.

Evaporative Coolers Market Companies

Some major players operating in the evaporative coolers industry are:

Honeywell International Inc.
Munters
Portacool LLC
Big Ass Fan
Hessaire
Cajun Kooling LA, LLC
Frigidaire

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of evaporative coolers was reached USD 5 billion in 2023 and is anticipated to grow at a CAGR of over 6.5% between 2024 & 2032, attributed to the ability to circulate fresh air and reduce pollutants.

The direct evaporative coolers market held over 45% revenue share in 2023, favored by energy efficiency and eco-friendliness.

North America evaporative coolers market held a revenue share of over 30% in 2023 and is expected to grow at a lucrative pace through 2032, driven by the eco-friendliness of evaporative coolers and the region's emphasis on sustainability.

Honeywell International Inc., Frigidaire, Munters, Cajun Kooling LA, LLC., Portacool LLC, Hessaire, and Big Ass Fan.