South America Evaporative Cooler Market

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

Analysis– by Type (Direct Evaporative Cooling, Indirect Evaporative Cooling, and Two-Stage Evaporative Cooling) and Application (Residential, Commercial, Industrial, and Confinement Farming)


No. of Pages: 92    |    Report Code: BMIRE00028252    |    Category: Manufacturing and Construction

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South America Evaporative Cooler Market

The South America evaporative cooler market is expected to grow from US$ 455.17 million in 2022 to US$ 678.51 million by 2028. It is estimated to grow at a CAGR of 6.9% from 2022 to 2028.

 

Rising Adoption of Evaporative Coolers in Data Centers fuels South America Evaporative Cooler Market

 

Earlier, data centers were constructed in cooler environmental regions. However, with the rising need to reduce latency and construct the data center infrastructure closer to the customers. Amazon Web Services, in its efforts to build a sustainable business, have been deploying direct evaporative cooling across several of its data centers during summer times since past 5 years. For instance, in August 2022, Scala Data Centers launched a new data center in São Paulo, Brazil. Therefore, the growing adoption of evaporative coolers for data centers is fueling the growth of the South America evaporative cooler market.

 

South America Evaporative Cooler Market Overview

 

The evaporative cooler market in South America is segmented into Brazil, Argentina, and the Rest of South America. For the last few years, industrialization has grown significantly, contributing to a major share of the region's economic growth. The construction industry in South America is growing due to the rising number of residential, commercial, and infrastructure development projects that propels the demand for energy-efficient air-cooling solutions. In addition, the factors such as a rise in population, economic growth, government investments, and a need for cost-effective and eco-friendly cooling solutions are bolstering the demand for evaporative coolers in the region.

 

South America Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)

South America Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
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South America Evaporative Cooler Strategic Insights

Strategic insights for the South America 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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South America Evaporative Cooler Report Scope

Report Attribute Details
Market size in 2022 US$ 455.17 Million
Market Size by 2028 US$ 678.51 Million
Global CAGR (2022 - 2028) 6.9%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Type
  • Direct Evaporative Cooling
  • Indirect Evaporative Cooling
  • Two-Stage Evaporative Cooling
By Application
  • Residential
  • Commercial
  • Industrial
  • Confinement Farming
Regions and Countries Covered South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Market leaders and key company profiles
  • Baltimore Aircoil Co
  • Honeywell International Inc
  • Munters Group AB
  • Symphony Ltd
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    South America Evaporative Cooler Regional Insights

    The geographic scope of the South America 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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    South America Evaporative Cooler Market Segmentation

     

    The South America evaporative cooler market is divided into type, application, and country.

     

    Based on type, the South America evaporative cooler market is segmented into direct evaporative cooling, indirect evaporative cooling, and two-stage evaporative cooling. The direct evaporative cooling segment held the largest South America evaporative cooler market share in 2022. 

     

    Based on application, the South America evaporative cooler market is segmented into residential, commercial, industrial, and confinement farming. The residential segment held the largest South America evaporative cooler market share in 2022.

     

    Based on country, the South America evaporative cooler market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the South America evaporative cooler market share in 2022.

     

    Baltimore Aircoil Co; Honeywell International Inc; Munters Group AB; and Symphony Ltd are the leading companies operating in the South America evaporative cooler market.

    The List of Companies - South America Evaporative Cooler Market

    1. Baltimore Aircoil Co
    2. Honeywell International Inc
    3. Munters Group AB
    4. Symphony Ltd
    Frequently Asked Questions
    How big is the South America Evaporative Cooler Market?

    The South America Evaporative Cooler Market is valued at US$ 455.17 Million in 2022, it is projected to reach US$ 678.51 Million by 2028.

    What is the CAGR for South America Evaporative Cooler Market by (2022 - 2028)?

    As per our report South America Evaporative Cooler Market, the market size is valued at US$ 455.17 Million in 2022, projecting it to reach US$ 678.51 Million by 2028. This translates to a CAGR of approximately 6.9% during the forecast period.

    What segments are covered in this report?

    The South America Evaporative Cooler Market report typically cover these key segments-

  • Type (Direct Evaporative Cooling, Indirect Evaporative Cooling, Two-Stage Evaporative Cooling)
  • Application (Residential, Commercial, Industrial, Confinement Farming)
  • What is the historic period, base year, and forecast period taken for South America Evaporative Cooler Market?

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

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

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

  • Baltimore Aircoil Co
  • Honeywell International Inc
  • Munters Group AB
  • Symphony Ltd
  • Who should buy this report?

    The South America 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 South America Evaporative Cooler Market value chain can benefit from the information contained in a comprehensive market report.