Evaporative Cooler Installation Market, By Type(Direct, Indirect and Two-stage),By Application (Residential, Commercial and Industrial),By End Use Industry(Automotive, Chemical, Food & Beverage, Metalworking, Oil & Gas, Pharmaceutical and Others)By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029

An evaporative cooler is a device or system that works on the principle of evaporation for cooling purposes. Evaporative cooling technology is not limited to residential areas but now it has been used for commercial and industrial purposes also. An evaporative cooling system is considered an energy-efficient solution compare to a heating, ventilation, and air conditioning (HVAC) system. The evaporative cooler installation has a significant impact on air conditioning to address the demand of the prominent residential market. Evaporative cooler installation market accounted for US$ 7.6 billion in 2020 and is estimated to be US$ 12.4 billion by 2029 and is anticipated to register a CAGR of 5.7%.

Impact of Covid-19 pandemic on market

The COVID-19 crisis has arises multiple challenges to companies working in the industrial manufacturing sector. Despite the fact of COVID-19, the market players are implementing procedures and protocols working towards minimizing challenges of manufacturing and logistics operation in order to meet uninterrupted customer demand. The report will estimate the detailed impact of Covid19 on the target market.

The construction and development of new industries and manufacturing units utilizing the cooling system are estimated to contribute to the demand for the evaporative cooler in the forecast period. The increasing demand for energy-efficient solutions for residential and industrial cooling systems with advanced technology is expected to be the driving factor for the growth of the evaporative cooler installation market. The strong distribution network along with a digital e-commerce facility to meet the end-user demand is anticipated to propel the growth of the evaporative cooler installation market.

The emerging trend of installing evaporative coolers in data centers to support the IT sector is expected to surge the demand for evaporative coolers. Also, the adoption of solar energy in various industrial machines along with evaporative coolers is anticipated to boost the market growth.

The evaporative coolers and their machinery parts require frequent maintenance to work efficiently. Moreover, the shorter life span of some evaporative coolers and the availability of poor quality products in the market may hamper the growth of the evaporative cooler installation market.

Evaporative cooler installation market is segmented based on type, application, end-use industry, and region.

On the basis of type, the evaporative cooler installation market is segmented into direct, indirect, and two-stage. On the basis of application, the target market is segmented into residential, commercial, and industrial.

In the region, the evaporative cooler installation market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific is the worldwide leader in the evaporative cooler installation market, due to the growing application of evaporative cooler in the food and beverage sector along with the robust development of industrial plants and manufacturing sites across the region.

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2029.  For the purpose of this study, has segmented the evaporative cooler installation market report based on type, application, end-use industry, and region.

Evaporative Cooler Installation, By Type:

• Direct
• Indirect
• Two-stage

Evaporative Cooler Installation, By Application:

• Residential
• Commercial
• Industrial

Evaporative Cooler Installation, By End-use Industry:

• Automotive
• Chemical
• Food & Beverage
• Metalworking
• Oil & Gas
• Pharmaceutical
• Others

Evaporative Cooler Installation, By Region:

• North America
  • • U.S.
    • Canada
• Europe
  • • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
• Latin America
  • • Brazil
    • Mexico
    • Rest of Latin America
• Middle East & Africa
  • • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

The key players operating in the evaporative cooler installation market includes Aolan (Fujian) Industry Co., Ltd., Baltimore Aircoil Company, Berg Chilling Systems Inc., Brentwood Industries, Inc., Condair Group AG, Delta Cooling Towers, Inc., Emerson Electric Co., Honeywell International Inc., Seeley International Pty Ltd., SPX Cooling Technologies, Inc., STULZ GMBH, Symphony Limited, Thermal Care, Inc. and many other players. The major players are collaborating with distributors and installers of evaporative coolers to understand the market scenario and customer needs. The combined effort of marketing and technological advancement by companies is expected to boost the growth of the evaporative cooler installation market during the forecast period.

• Aolan (Fujian) Industry Co., Ltd.*

• Company Overview
• Product Portfolio
• Key Highlights
• Financial Performance
• Business Strategies

• Baltimore Aircoil Company
• Berg Chilling Systems Inc.
• Brentwood Industries, Inc.
• Condair Group AG
• Delta Cooling Towers, Inc.
• Emerson Electric Co.
• Honeywell International Inc.
• Seeley InternationaL Pty Ltd.
• SPX Cooling Technologies, Inc.
• STULZ GMBH
• Symphony Limited
• Thermal Care, Inc.

“*” marked represents similar segmentation in other categories in the respective section