Asia Pacific Portable Evaporative Cooler Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis By Type (Direct Evaporative Cooling and Indirect Evaporative Cooling) and Application (Residential, Commercial, and Industrial)


No. of Pages: 94    |    Report Code: BMIRE00028182    |    Category: Manufacturing and Construction

Asia Pacific Portable Evaporative Cooler Market
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The Asia Pacific portable evaporative cooler market is expected to grow from US$ 1,278.73 million in 2022 to US$ 2,251.99 million by 2028; it is estimated to grow at a CAGR of 9.9% from 2022 to 2028.

Increasing Adoption of Evaporative Cooling in Residential Sector

Portable evaporative coolers are gaining popularity in residential spaces due to their various advantages such as portability, convenience, and easy and quick maintenance. Moreover, the adoption of portable evaporative cooling is increasing in hotels, warehouses, shopping complexes, regional sites (churches), kitchens, garages, gyms, porches/decks, events venues, and workshops to handle the concerns regarding warm air. Thus, the rising demand for portable evaporative coolers in commercial and residential spaces drives the growth of the portable evaporative cooler market. In April 2021, Portacool, LLC extended its product line by adding an expansive Portacool evaporative cooler. The newly introduced Portacool 510 is a powerful and portable cooling solution developed to make open spaces comfortably cool through a natural evaporation process. Similarly, in September 2022, Indwell announced the launch of two in one air conditioner and cooler that uses evaporative technology for residential and commercial applications. Also, the compact cooler provides ultimate versatility for on-the-go and spot cooling to meet the requirements of outdoor living, home, and small workspaces. Such developments in portable evaporative coolers are also contributing to the portable evaporative cooler market growth for the residential segment. 

 

Asia Pacific Portable Evaporative Cooler Market Overview

 

The Asia Pacific portable evaporative cooler market is growing due to surging industrialization, increasing disposable income of consumers, rising demand for luxury products, and stringent government norms focusing on global warming. China and India have a potential to look for development strategies for controlling the increasing global warming scenario. Moreover, the southwestern part of Asia has a dry climate. Countries such as Vietnam have a dry and hot climate in their territory. Since portable evaporative coolers are ideal for dry climates, their adoption in southwestern parts of Asia is high. This factor will contribute to the APAC portable evaporative cooler market during the forecast period.

 

 

Asia Pacific Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)

 

Asia Pacific Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
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Asia Pacific Portable Evaporative Cooler Strategic Insights

Strategic insights for the Asia Pacific Portable Evaporative Cooler provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific Portable Evaporative Cooler Report Scope

Report Attribute Details
Market size in 2022 US$ 1,278.73 Million
Market Size by 2028 US$ 2,251.99 Million
Global CAGR (2022 - 2028) 9.9%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Type
  • Direct Evaporative Cooling and Indirect Evaporative Cooling
By Application
  • Residential
  • Commercial
  • Industrial
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Delta T LLC
  • Evapoler Eco Cooling Solutions
  • Portacool LLC
  • Vankool Technology Co. Ltd
  • Honeywell International Inc.
  • Symphony Ltd
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    Asia Pacific Portable Evaporative Cooler Regional Insights

    The geographic scope of the Asia Pacific Portable Evaporative Cooler refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Asia Pacific Portable Evaporative Cooler

    Market Segmentation

     

    The Asia Pacific portable evaporative cooler market is segmented based on type, application, and country. Based on type, the Asia Pacific portable evaporative cooler market is bifurcated into direct evaporative cooling and indirect evaporative cooling. The direct evaporative cooling segment held a larger market share in 2022.

     

    Based on application, the Asia Pacific portable evaporative cooler market is segmented into residential, commercial, and industrial. The residential segment held the largest market share in 2022.

     

    Based on country, the Asia Pacific portable evaporative cooler market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific portable evaporative cooler market share in 2022.

     

    Delta T LLC, Evapoler Eco Cooling Solutions, Portacool LLC, Vankool Technology Co. Ltd, Honeywell International Inc., and Symphony Ltd are the leading companies operating in the Asia Pacific portable evaporative cooler market.

    The List of Companies - Asia Pacific Portable Evaporative Cooler Market

    • Delta T LLC
    • Evapoler Eco Cooling Solutions
    • Portacool LLC
    • Vankool Technology Co. Ltd
    • Honeywell International Inc.
    • Symphony Ltd 
    Frequently Asked Questions
    How big is the Asia Pacific Portable Evaporative Cooler Market?

    The Asia Pacific Portable Evaporative Cooler Market is valued at US$ 1,278.73 Million in 2022, it is projected to reach US$ 2,251.99 Million by 2028.

    What is the CAGR for Asia Pacific Portable Evaporative Cooler Market by (2022 - 2028)?

    As per our report Asia Pacific Portable Evaporative Cooler Market, the market size is valued at US$ 1,278.73 Million in 2022, projecting it to reach US$ 2,251.99 Million by 2028. This translates to a CAGR of approximately 9.9% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific Portable Evaporative Cooler Market report typically cover these key segments-

    • Type (Direct Evaporative Cooling and Indirect Evaporative Cooling)
    • Application (Residential, Commercial, Industrial)

    What is the historic period, base year, and forecast period taken for Asia Pacific Portable Evaporative Cooler Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Portable Evaporative Cooler Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Asia Pacific Portable Evaporative Cooler Market?

    The Asia Pacific Portable Evaporative Cooler Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Delta T LLC
  • Evapoler Eco Cooling Solutions
  • Portacool LLC
  • Vankool Technology Co. Ltd
  • Honeywell International Inc.
  • Symphony Ltd
  • Who should buy this report?

    The Asia Pacific Portable Evaporative Cooler Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Portable Evaporative Cooler Market value chain can benefit from the information contained in a comprehensive market report.

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