According to the latest report by IMARC Group, The India air cooler market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 16% during 2021-2026.
An air cooler is a heat exchanger that is used to cool or dehumidify the air in the surrounding environment. Also known as swamp coolers, it operates through the process of evaporation, which uses brine (water with glycol) as a coolant. In India, a wide range of air coolers are available in different sizes and designs like the desert, wall-mounted, and personal coolers. Moreover, a significant percentage of the population in the country uses air coolers as they are cost-effective and consumes less power than conventional cooling systems.
India experiences long hot summers with temperatures often reaching up to 45� C. Besides the climatic conditions, as the price, and the running and maintenance costs of air coolers are significantly lower than that of air conditioners, there is a widespread inclination toward air coolers installations, especially in the domestic sector. Moreover, various leading companies, such as Bajaj, Symphony, Usha, and Kenstar, are adopting eco-friendly and green technologies to produce energy-efficient air coolers to reduce operation costs. Leading industry players in the country are also introducing air coolers with the latest inbuilt technology, specialized smart remote, turbo air throw, large fan size and honeycomb cooling pads, which are gaining rapid traction in the market. Other factors, such as inflating disposable incomes and improving standards of living, are expected to create a favorable market dynamic for air coolers in India in the coming years.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Breakup by End Use:
- Residential Air Coolers
- Room Air Coolers
- Desert Air Coolers
- Tower Air Coolers
- Industrial and Commercial Air Coolers:
- Mobile Commercial Air Coolers
- Centralized Air Coolers
Market Breakup by Tank Capacity:
Browse full report with detailed TOC and list of figures and tables: https://bit.ly/3wR7FEP
Market Breakup by Distribution Channel:
Market Breakup by Region
- North India
- East India
- West and Central India
- South India
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