The report offers a comprehensive analysis and contains crucial market data. The overview of the Portable Air Cooler Market comprises its definition, its key applications, and manufacturing technologies that are used. Besides providing a detailed scope of the report, the overview also provides clarity regarding the market. The report emphasizes on the recent innovations and developments occurring in the Portable Air Cooler Market and also examines the drivers related to the product’s price margins. In order to predict the market forecast, factors which are taken into considerations are the performance of the market players, increasing trends of the industries, and macro-economic outlook of the market scenario. The report also focuses on other major factors such as drivers & restraints and opportunities & threats.
Portable air cooler is type of air-cooling system which is power consuming, energy efficient, and eco-friendly cooling systems. This cooling system utilizes water soaked-pads to cool the air. Portable air coolers are available in different types, categories, and end use which are proving wide range of options to customers across the globe.
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Rise in demand for portable air-cooling systems is the key driving factor which is expected to boost the global portable air cooler market growth. Furthermore, increase in technological advancements will have the positive impact on market growth. For instance, in August 2019, Symphony had launched its new commercial air cooler in India which named as Movicool. It can cool very large spaces, suitable for outdoor use and can cool vast indoor spaces efficiently by consuming water and electricity. Moreover, rise in demand for energy efficient and power consuming as well as eco-friendly cooling products will fuel the market growth.
However, air coolers are not efficient in coastal and humid areas will affect the global portable air cooler market growth. Also, huge competition between local and domestic competitors is the restraining factor which is expected to hamper the market growth.
Market Key Players
Various key players are discussed in this report such as Honeywell International Inc, De’Longhi S.p.A, Havells India Ltd., LG Electronics Inc, Electrolux AB , Olimpia Splendid S.p.A., The Whirlpool Corporation, Symphony Limited, Bajaj Electricals Ltd, and NewAir
By End User
By Distribution Channel
- Supermarket/ Hypermarket
- Specialty Stores
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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