Global Evaporative Air Coolers Market Analysis & Evolving Opportunities Studied for the Period Until 2028

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Rockville, US, 2018-Dec-12 — /EPR Network/ — In keeping with the growing innovation taking place in air cooling technology, manufacturers are going all out to build products that utilize less resources and provide more output, while maintaining environmental stability. In a recent development, tech giant Facebook has taken its data centers to a whole new level by adopting evaporative air cooling technology to power these facilities. This move is anticipated to make the data centers more energy and water efficient – giving a whole new meaning to the phrase ‘environmentally friendly’. These data centers powered by evaporative air coolers are anticipated to reduce the usage of water by over 20% in areas with a hot and humid climate; and close to 90% in areas with cooler climes.

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The use of evaporative air cooling technology to power data centers facilitates the use of these units along with other systems such as air handlers, fan-coil walls, in-row coolers, chip cooling, and rear-door heat exchangers. The main advantage of using evaporative air coolers in data centers is that this will enable companies to build their data centers more efficiently in regions with a predominantly hot and humid climate. Besides protecting the premises and internal servers from aggressive environmental factors, evaporative air coolers will eliminate the necessity of deploying mechanical cooling in regions with diverse climate conditions. This technology will also enhance data center design flexibility by enabling the air coolers to take up less space and thereby ensure more cooling.

Increasing Demand from Countries of the Asia Pacific and Middle East to Define Evaporative Air Cooler Market Revenue Growth

Asia and the Middle East have witnessed substantial climate change in the last few years, thereby impacting the lives of people living in these regions. This has increased the demand for air cooling systems in both the commercial as well as the residential sector. There is also a strong awareness of the use of sustainable products in these regions. Evaporative air coolers offer natural and energy saving solutions that are also cost effective. This has resulted in an increased demand especially from the rising middle class in these regions. Several domestic manufacturers operating in the Asian and Middle Eastern markets are slowly expanding their brands in the international market as well, thereby broadening the scope for exports of evaporative air coolers.

Rising Preference for Evaporative Air Coolers in the Commercial Sector to be Observed Across Several Developed and Developing Regional Markets

The global focus on sustainability has resulted in the adoption of green products and green energy solutions across various commercial establishments especially in the developed countries of Europe. Top manufacturers and suppliers of air cooling systems in Europe are increasing their production capacity to cater to the rising demand from various sectors. The groceries and general merchandise sector in Europe showcases increased demand for energy efficient air cooling systems and the adoption of evaporative air coolers in this sector has witnessed a spur in the European market in the last few years. Demand for evaporative air coolers across the retail and other key sectors in Latin America is also on the rise, owing to the growing preference for a cooler working environment in commercial establishments in the region.

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Product Innovation to Remain the Main Focus of Manufacturers of Evaporative Air Coolers to Sustain in This Highly Competitive Market

Window air cooling systems and industrial evaporative air coolers are becoming increasingly popular across the world with expanding usage in diverse commercial and residential establishments. This demand surge has pushed manufacturers to innovate in terms of their product offering to attract and retain their customer base. Product innovations govern the basic landscape of the evaporative air cooler market and manufacturers are leveraging advanced technologies to beef up their product suites.

Technology such as IoT has also found its way into air cooling systems and new, smart evaporative air coolers are being launched in the market. Also, state-of-the-art evaporative air coolers that allow users to customize the cooling output are finding more number of takers in the international market, as these evaporative air coolers are also an environment friendly alternative to traditional air conditioners. IoT enabled evaporative air coolers incorporating smart sensors that optimize humidity, temperature, and fan speed based on the condition of the existing installation environment are also in great demand in both the residential and commercial sector. Several wall mounted evaporative air coolers without outdoor units are also witnessing increasing demand, as these air coolers deliver enhanced value to customers without taking up floor space unlike traditional air conditioners.

Table of Content:

Chapter 1 Executive Summary
1.1 Evaporative Air Cooler Market- Opportunity Assessment
1.2 Mega Trends

Chapter 2 Global Evaporative Air Cooler Market Overview
2.1 Introduction
2.2 Market Definition
2.3 Scope of the report

Chapter 3 Market Dynamics
3.1 Key Growth Drivers
3.2 Industry Challenges
3.3 Market Trends
3.4 Supply Chain
3.5 Levels of Supply Chain Maturity
3.6 Investment Feasibility Matrix
3.7 Trade Analysis
3.7.1 Region wise Trade Activity Outlook
3.8 PESTLE Analysis
3.9 Porter’s Analysis
3.10 Cost Structure
3.11 Product Lifecycle
3.12 Forecast Factors
3.13 Key Market Participants – Intensity Map Analysis

Chapter 4 Global Evaporative Air Cooler Market Analysis
4.1 Global Evaporative Air Cooler Market Outlook
4.1.1 Market Value, Volume Forecast and Analysis
4.1.2 Price Index and Price Point Assessment
4.1.3 Regional Demand Assessment
4.1.3.1 Market Volume Share by Region
4.2 Global Evaporative Air Cooler Market Analysis by Product Type

Continued……………..

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