Posted On: 2022-01-07
Desert Air Cooler acquired the largest market revenue share among all the cooler types in the overall, India Commercial Evaporative Air Cooler Market – 6Wresearch
India commercial evaporative air cooler market is currently at growth stage owing to the growing product awareness and rising availability of the air coolers in both organized and unorganized segments. Further, shift towards air coolers by commercial offices, retail and hospitality sectors, has increased their saving rate as air coolers use 90% less energy than air conditioners, which is another factor augmenting the product's market.
According to 6Wresearch, India Commercial Evaporative Air Cooler Market revenue is projected to grow at a CAGR of 15.6% during 2021-2027. The unorganized sector dominates the overall cooler market. Although, the organized sector is growing fast every year. Branded air cooler makers are offering latest technologies which include internet of things, touch digital control panel, multistage air purification, high efficiency cooling pads, intelligent remote, anti-bacterial tank in several sub-categories such as personal, window, tower and desert air coolers. Besides, they are also spending a good amount on branding to promote their products with discounts, door to door services and several other offers which has given a tremendous boost to the commercial evaporative air coolers in India.
According to Kajal Saraswat, Research Analyst, 6Wresearch, “Based on regions, northern India occupied the major chunk in 2020 market revenues owing to the rising adoption of evaporative air coolers in industrieskirana stores in tier two / three cities, extensive distribution networks of the manufacturers and the product placement strategies.
Evaporative air cooler makers are expecting a double-digit growth in sales by north and central Indian market owing to acute heat wave in the country. Further, Labour laws which mandate indoor places of work like factory premises or manufacturing places to keep comfortable temperatures would create a huge tap in potential market for commercial evaporative air coolers in the years to come. Kajal further added.”
According to Shivali Sharma, Research Analyst, 6Wresearch, Global warming caused due to usage of ACs that use several refrigerants is one of the major reason for the adoption of evaporative air coolers in the commercial segment. Further, due to a varied application landscape such as in hotels, hospitals, shops, restaurants, farmhouses and even residential spaces, the demand for portable air coolers is set to see an uptick.
However, ductable air cooler market is expected to see surge in coming years owing to increase installation of HVAC system in commercial sector and, air ducts are preferred more for cooling as commercial space has a larger area. Shivali concluded.”
India commercial evaporative air cooler market (2021-2027)” report provides an in-depth analysis with 34 figures and 12 tables, covered in 70 pages. The report estimates and forecast the overall India commercial evaporative air cooler market by types, by installation type, by cooling pads and by regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.