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U.S. Evaporative Coolers Market Size
U.S. Evaporative Coolers Market was valued at USD 1 billion in 2023 and is estimated to register at a CAGR of around 5% from 2024 to 2032, propelled by the technological advancements that improve usability and efficiency. Manufacturers are investing in R&D to enhance the efficiency, control mechanisms, and user-friendliness of these systems. Newer hybrid systems boost efficiency by combining traditional air conditioning with evaporative cooling. Such developments enhance system efficiency while meeting the market's increasing need for flexible and sustainable cooling options.
An evaporative cooler, also known as a swamp cooler, cools air using water evaporation. It pulls warm air through wet pads, where water evaporates, absorbing heat and cooling the air. It is cost-effective, energy-efficient, and well-suited for dry climates, adding moisture while cooling indoor or outdoor spaces.
Report Attributes | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 1 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 5% |
2032 Value Projection: | USD 1.5 Billion |
Historical Data for: | 2018 - 2023 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 79 |
Segments covered: | Type, Mounting Type, Sales Channel, End Use |
Growth Drivers: |
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Pitfalls & Challenges: |
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Limited effectiveness in regions with high humidity presents a major challenge for evaporative coolers. When the air is already saturated with moisture, as in these conditions, the ability of the air to absorb more moisture decreases, making the cooling process less effective. This restriction limits the practical application of evaporative coolers in regions with high humidity levels, impeding their uptake and market penetration.
U.S. Evaporative Coolers Market Trends
The U.S. Evaporative Coolers industry is witnessing notable trends shaped by factors like sustainability, energy efficiency, and technological advancements. There's a growing preference for evaporative coolers due to their eco-friendly operation, utilizing water evaporation instead of harmful refrigerants. This aligns with the increasing focus on sustainability and reducing carbon footprints in cooling solutions. Advancements in evaporative cooling technology include the integration of smart features, allowing remote control and monitoring, optimizing performance, and minimizing energy consumption.
Additionally, these systems cater to regions with dry climates, offering cost-effective and efficient cooling solutions. The market also sees a rise in hybrid systems that combine evaporative cooling with traditional air conditioning, providing both energy efficiency and enhanced cooling.
Furthermore, the evolving regulations and initiatives promoting energy-efficient solutions are driving the adoption of evaporative coolers in various sectors like residential, commercial, and industrial.
U.S. Evaporative Coolers Market Analysis
Based on type, the market is segmented into direct evaporative coolers, indirect evaporative coolers, and hybrid (indirect-direct). The direct evaporative coolers segment dominated the global market with a share of over 45% in 2023.
- Direct evaporative coolers are experiencing growth in the evaporative coolers market due to their energy efficiency and eco-friendliness. These systems use a straightforward process, where hot & dry air passes through water-soaked pads, cooling the air through evaporation. The simplicity of this mechanism results in lower energy consumption compared to traditional air conditioning methods.
- As sustainability becomes a priority, direct evaporative coolers will gain popularity due to their eco-friendly operations, which rely on water evaporation rather than hazardous refrigerants. Their cost-effectiveness and suitability for arid climates also contribute to their widespread adoption. Direct evaporative coolers have become increasingly popular due to the need for energy-efficient cooling solutions, particularly in areas with low humidity. As a result, the market share of this segment has grown significantly.
Based on mounting type, the market is divided into ground mounting, window mounting, and roof mounting. The roof mounting segment is anticipated to register a CAGR of over 6.5% through 2032.
- Roof-mounted evaporative coolers are witnessing growth due to their advantages in industrial and commercial settings. The installation of these systems on rooftops maximizes space efficiency, making them appealing for buildings with limited ground space. By installing these coolers overhead, industrial facilities including factories and commercial warehouses can benefit from the efficient distribution of cooled air over large areas. Additionally, they reduce obstructions at ground level, enabling safer operations and movement around the workspace.
- Roof-mounted units are frequently simpler to service and maintain, which adds to their appeal in environments where regular maintenance accessibility is essential. The popularity of roof-mounted evaporative coolers is rising due to their practicality and efficacy in the face of businesses' need for space- & money-efficient cooling solutions.
U.S. Evaporative Coolers Market Share
Players operating in the evaporative coolers market focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. Industry players also heavily invest in R&D to introduce innovative and technologically advanced solutions in the market.
U.S. Evaporative Coolers Market Companies
Major players operating in the evaporative coolers industry are:
- Honeywell International Inc.
- Munters
- Portacool LLC
- Big Ass Fan
- Hessaire
- Cajun Kooling LA, LLC
- Frigidaire
U.S. Evaporative Coolers Industry News
- In April 2021, Portacool LLC launched the Portacool 510 portable evaporative cooler. This compact cooler offers ultimate versatility for on-the-go and spot cooling needs, i.e., from home and hobby usage to sports, outdoor living & small workspaces. The Portacool 510 can be easily transported to outdoor locations and features sturdy, rubberized wheels to roll where cooling is needed the most.
- In February 2020, Honeywell launched a platform of liquid heat transfer agents that cool high-performance electronics more efficiently and effectively than traditional methods that use air & water. Solstice E-Cooling, the newest addition to Honeywell's line of next-generation low-global-warming potential refrigerant technologies, uses a two-phase liquid cooling process to remove heat from electronic applications while reducing environmental impacts.
This U.S. evaporative coolers market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:
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Market, By Type
- Direct Evaporative Coolers
- Indirect Evaporative Coolers
- Hybrid (Indirect-Direct)
Market, By Mounting Type
- Ground Mounting
- Window Mounting
- Roof Mounting
Market, By Sales Channel
- Online
- Offline
Market, By End Use
- Residential
- Commercial
- Industrial
The above information is provided for the following country:
- U.S.
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