According to the latest report by IMARC Group, The India air cooler market is expected to exhibit a CAGR of 7.4% during 2022-2027.
SHERIDAN, WYOMING, UNITED STATES, July 20, 2022 /EINPresswire.com/ -- According to the latest report by IMARC Group, titled “India Air Cooler Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The India air cooler market is expected to exhibit a CAGR of 7.4% during 2022-2027.
An air cooler is a heat exchanger that is used to cool or dehumidify the air in the surrounding environment. Also known as swamp coolers, it operates through the process of evaporation, which uses brine (water with glycol) as a coolant. In India, a wide range of air coolers are available in different sizes and designs like the desert, wall-mounted, and personal coolers. Moreover, a significant percentage of the population in the country uses air coolers as they are cost-effective and consumes less power than conventional cooling systems.
Market Trends
India experiences long hot summers with temperatures often reaching up to 45� C. Besides the climatic conditions, as the price, and the running and maintenance costs of air coolers are significantly lower than that of air conditioners, there is a widespread inclination toward air coolers installations, especially in the domestic sector. Moreover, various leading companies, such as Bajaj, Symphony, Usha, and Kenstar, are adopting eco-friendly and green technologies to produce energy-efficient air coolers to reduce operation costs. Leading industry players in the country are also introducing air coolers with the latest inbuilt technology, specialized smart remote, turbo air throw, large fan size and honeycomb cooling pads, which are gaining rapid traction in the market. Other factors, such as inflating disposable incomes and improving standards of living, are expected to create a favorable market dynamic for air coolers in India in the coming years.
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Market Breakup by End Use:
Residential Air Coolers
Room Air Coolers
Desert Air Coolers
Tower Air Coolers
Industrial and Commercial Air Coolers:
Mobile Commercial Air Coolers
Centralized Air Coolers
Market Breakup by Tank Capacity:
Low
Medium
High
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Market Breakup by Distribution Channel:
Online
Offline
Market Breakup by Region
North India
East India
West and Central India
South India
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