Air coolers are low-cost, eco-friendly, and energy-efficient alternatives to air conditioners. Air coolers cool air through the evaporation of water and are simple to use. Air coolers operate with maximum efficiency with free flow of fresh air and adequate ventilation. A major advantage that air coolers have over air conditioners is that they are best suited for residences, showrooms, shops, and offices, where doors are opened and closed frequently. Moreover, they consume significantly less amount of electricity without producing harmful emissions. Technavio’s analysts forecast the air cooler market in India and China to grow at a CAGR of 6.39% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the air cooler market in India and China for 2017-2021. To calculate the market size, the report considers the sales, volume, value and excludes retrofit, replacement, spares, aftermarket, services market.
The market is divided into the following segments based on geography: • India • China
Technavio’s report, Air Cooler Market in APAC 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors • DAIKIN INDUSTRIES • Haier • INTEX • Khaitan • LG Electronics • Groupe SEB India • McCoy • Ram Coolers • Usha Electricals • VEGO • Voltas
Market driver • Expanding organized retail sector in developing countries • For a full, detailed list, view our report
Market challenge • Potential complications associated with cardiac surgery • For a full, detailed list, view our report
Market trend • Increased use of solar air coolers • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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