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U.S. Evaporative Coolers Market Size

Report ID: GMI7845
Published Date: Jan 2024
Report Format: PDF

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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.

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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.

U.S. Evaporative Coolers Market Report Attributes
Report Attribute	Details
Base Year:	2023
U.S. Evaporative Coolers 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:	Increasing energy efficiency demands Rising environmental consciousness Growing adaptability to various climates Increasing technological advancements Growing urbanization and construction trends
Pitfalls & Challenges:	Limited effectiveness in high-humidity regions Dependence on water availability and quality

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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.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of evaporative coolers was worth over USD 1 billion in 2023 and is anticipated to grow at over 5% CAGR between 2024 and 2032, owing to the continuous technological advancements.

The roof mounting segment is anticipated to register a CAGR of over 6.5% through 2032, driven by their advantages in industrial and commercial settings.

The direct evaporative coolers segment dominated the market in the U.S. with a share of over 45% in 2023, favored by energy efficiency and eco-friendliness of the product.

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