Evaporative air coolers are one of the best cooling solutions for places like the dry Indian subcontinent. The technological up-gradation made it possible to build air coolers that can cool the air even in humid places. The preference for this cooling appliance has increased, as it is economical to the wallet, low operational cost, and environment-friendly approach, and long-lasting performance.
Urban India is having a surge in the evaporative air cooler market in recent years. People are more inclining towards coolers with environment-friendly technology and energy-efficient cooling system. There are very few players in the market which provide these types of coolers. Along with the urban market, the rural market is also passing through an interesting phase of development, with economic prosperity sweeping across the countryside. Manufacturers are now focusing on rural markets as air coolers are a relatively low ticket item and are half the price of the similar capacity of air conditioners; hence they are affordable for the masses, including the rural and urban class. A convergence of affordable pricing and an increase in rural disposable incomes will drive sales over the foreseeable future.
According to the report “India Evaporative Air Cooler Market, Outlook, 2025” published by Bonafide Research, segmented into two categories, residential evaporative air cooler and industrial evaporative air cooler market, the overall evaporative air cooler market in India is expected to grow with a CAGR of above 12% till the year 2024-25. The unorganized sector dominates the overall cooler market. On the other hand, the organized sector is growing fast every year as branded air cooler makers are offering the latest technologies. It includes IoT (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.
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Companies have started providing remote controllers with selected air cooler models making it easier for the user to take control. The Internet of Things (IoT) product is that users can operate most of its features through a smartphone app. The IoT-enabled air cooler can be controlled through the mobile app, IR remote, and digital control panel. Symphony has tried elevating the levels of technology in their products by being the first to introduce digital display, voice assist, and mosquito repellent. There are many other players in the market who are making an effort to capture the evaporative air cooler market. The detailed information about every expected move are companies willing to take in recent time is mentioned explicitly in the report.
We provide 10% free customization with this report, we have considered the covid-19 effect for the year 2020 and in the forecast period.
Major Companies Present in the market
The key players of the India Evaporative Air Cooler Market are Symphony, Bajaj, BlueStar, Cello, Crompton, Havells, Honeywell, Kenstar, Maharaja Whiteline, McCoy, Orient Electric, Usha, Vego, V-Guard, and Voltas.
Considered in this report
- Geography: India & Global
- Base Year: 2018-2019
- Estimated Year: 2019-2020
- Forecast Year: 2024-2025
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The following aspects are covered in the report “India Evaporative Air Cooler Market Outlook, 2025“
- Global evaporative air cooler market outlook
- India evaporative air cooler market outlook by value and by volume
- India residential evaporative air cooler market outlook by value and by volume
- Market size by value and by volume
- Market share (organized) by company, by region, by type, by price range
- India industrial evaporative air cooler market outlook by value and by volume
- India evaporative air cooler market dynamics
- Market trends & developments
- Product price & variant analysis
- Channel partner analysis
- Five forces analysis
- Company profiles of top 10 players
- Strategic recommendations
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Table of contents
- 1. Executive Summary
- 2. Global Evaporative Air Cooler Market Outlook(Market Size, Market Share)
- 3. India Evaporative Air Cooler Market Outlook(Market Size, Market Share)
- 4. India Residential Evaporative Air Cooler Market Outlook(Market Size, Market Share)
- 5. India Industrial Evaporative Air Cooler Market Outlook(Market Size, Market Share)
- 6. India Economic Snapshot
- 7. Raw Material & Production Scenario
- 8. PEST Analysis
- 9. Trade Dynamics
- 10. India Evaporative Air Cooler Market Dynamics
- 11. Market Trends & Developments
- 12. Competitive Landscape
- 13.Strategic Recommendations
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