Asia Pacific Portable Evaporative Cooler Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Direct Evaporative Cooling and Indirect Evaporative Cooling) and Application (Residential, Commercial, and Industrial)
Description
Asia Pacific Portable Evaporative Cooler Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Direct Evaporative Cooling and Indirect Evaporative Cooling) and Application (Residential, Commercial, and Industrial)
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 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.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific portable evaporative cooler market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific portable evaporative cooler market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific portable evaporative cooler market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
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 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.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific portable evaporative cooler market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific portable evaporative cooler market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific portable evaporative cooler market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
94 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. APAC Portable Evaporative Cooler Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.2.1 APAC
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinions
- 5. APAC Portable Evaporative Cooler Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Increasing Adoption of Evaporative Cooling in Residential Sector
- 5.1.2 Organic Strategies by Manufacturers to Meet Customer’s Demand
- 5.2 Market Restraints
- 5.2.1 Seasonal Demand and Less Adoption in Humid Areas of Portable Evaporative Coolers
- 5.3 Market Opportunities
- 5.3.1 Emergence of Enhanced Portable Evaporative Coolers
- 5.4 Future Trends
- 5.4.1 Growing Demand for Coolers Among Commercial Applications
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Portable Evaporative Cooler Market – APAC Market Analysis
- 6.1 APAC Portable Evaporative Cooler Market Overview
- 6.2 APAC Portable Evaporative Cooler Market Revenue Forecast and Analysis
- 7. APAC Portable Evaporative Cooler Market– Type
- 7.1 Overview
- 7.2 Portable Evaporative Cooler Market, by Type (2021 & 2028)
- 7.3 Direct Evaporative Cooling
- 7.3.1 Overview
- 7.3.2 Direct Evaporative Cooling: Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
- 7.4 Indirect Evaporative Cooling
- 7.4.1 Overview
- 7.4.2 Indirect Evaporative Cooling: Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
- 8. APAC Portable Evaporative Cooler Market– Application
- 8.1 Overview
- 8.2 Portable Evaporative Cooler Market, by Application (2021 & 2028)
- 8.3 Residential
- 8.3.1 Overview
- 8.3.2 Residential: Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
- 8.4 Commercial
- 8.4.1 Overview
- 8.4.2 Commercial: Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
- 8.5 Industrial
- 8.5.1 Overview
- 8.5.2 Industrial: Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
- 9. APAC Portable Evaporative Cooler Market – by Country Analysis
- 9.1 Asia Pacific: Portable Evaporative Cooler Market
- 9.1.1 Asia Pacific: Portable Evaporative Cooler Market, by Key Country
- 9.1.1.1 Australia: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.1.1 Australia: Portable Evaporative Cooler Market, by Type
- 9.1.1.1.2 Australia: Portable Evaporative Cooler Market, by Application
- 9.1.1.2 China: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.2.1 China: Portable Evaporative Cooler Market, by Type
- 9.1.1.2.2 China: Portable Evaporative Cooler Market, by Application
- 9.1.1.3 India: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.3.1 India: Portable Evaporative Cooler Market, by Type
- 9.1.1.3.2 India: Portable Evaporative Cooler Market, by Application
- 9.1.1.4 Japan: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.4.1 Japan: Portable Evaporative Cooler Market, by Type
- 9.1.1.4.2 Japan: Portable Evaporative Cooler Market, by Application
- 9.1.1.5 South Korea: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.5.1 South Korea: Portable Evaporative Cooler Market, by Type
- 9.1.1.5.2 South Korea: Portable Evaporative Cooler Market, by Application
- 9.1.1.6 Rest of APAC: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.6.1 Rest of APAC: Portable Evaporative Cooler Market, by Type
- 9.1.1.6.2 Rest of APAC: Portable Evaporative Cooler Market, by Application
- 10. Industry Landscape
- 10.1 Overview
- 10.2 Market Initiative
- 10.3 New Product Development
- 10.4 Merger and Acquisition
- 11. Company Profiles
- 11.1 Delta T LLC
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Evapoler Eco Cooling Solutions
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Portacool LLC
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Vankool Technology Co Ltd
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Honeywell International Inc
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 Symphony Ltd
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Word Index
- LIST OF TABLES
- Table 1. APAC Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
- Table 2. Australia: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
- Table 3. Australia: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 4. China: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
- Table 5. China: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 6. India: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
- Table 7. India: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 8. Japan: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
- Table 9. Japan: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 10. South Korea: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
- Table 11. South Korea: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 12. Rest of APAC: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
- Table 13. Rest of APAC: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
- Table 14. List of Abbreviation
- LIST OF FIGURES
- Figure 1. APAC Portable Evaporative Cooler Market Segmentation
- Figure 2. APAC Portable Evaporative Cooler Market Segmentation – By Country
- Figure 3. APAC Portable Evaporative Cooler Market Overview
- Figure 4. APAC Portable Evaporative Cooler Market, by Type
- Figure 5. APAC Portable Evaporative Cooler Market, by Application
- Figure 6. APAC Portable Evaporative Cooler Market, by Country
- Figure 7. APAC – PEST Analysis
- Figure 8. APAC Portable Evaporative Cooler Market – Ecosystem Analysis
- Figure 9. APAC Expert Opinions
- Figure 10. APAC Portable Evaporative Cooler Market: Impact Analysis of Drivers and Restraints
- Figure 11. APAC Portable Evaporative Cooler Market Revenue Forecast and Analysis (US$ Million)
- Figure 12. APAC Portable Evaporative Cooler Market, by Type (2021 & 2028)
- Figure 13. Direct Evaporative Cooling: APAC Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
- Figure 14. Indirect Evaporative Cooling: APAC Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
- Figure 15. APAC Portable Evaporative Cooler Market, by Application (2021 & 2028)
- Figure 16. Residential: APAC Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
- Figure 17. Commercial: APAC Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
- Figure 18. Industrial: APAC Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
- Figure 19. Asia Pacific: Portable Evaporative Cooler Market, by Key Country – Revenue (2021) (US$ Million)
- Figure 20. Asia Pacific: Portable Evaporative Cooler Market Revenue Share, by Key Country (2021 & 2028)
- Figure 21. Australia: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 22. China: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 23. India: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 24. Japan: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 25. South Korea: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 26. Rest of APAC: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
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