From GlobeNewswire: 2025-05-13 06:40:00

The global Air Coolers Market is projected to grow from USD 2.31 Billion in 2024 to an estimated USD 2.58 Billion in 2025, with a forecasted value of around USD 8.45 Billion by 2034. Factors driving this growth include increasing temperatures, urbanization, and consumer demand for cost-effective and energy-efficient cooling options. Environmental sustainability awareness is also pushing consumers towards air coolers as a more eco-friendly alternative to air conditioners.

With the rise in global temperatures due to climate change, efficient cooling devices are in high demand. Air coolers provide a cost-effective and energy-efficient solution, especially in regions where air conditioners are not feasible. Urbanization is also fueling the need for effective cooling solutions, with air coolers offering an economical option for urban dwellers, particularly in developing nations.

Improved product design in air coolers is making them more attractive and user-friendly. Recent models are thinner, more aesthetically pleasing, and packed with features to meet consumer demands for stylish and high-performing appliances. Various air cooler models cater to different needs and spaces, providing efficient cooling in hot and arid environments.

The Air Coolers Market is expected to experience a compound annual growth rate (CAGR) of about 14.10% from 2025 to 2034, with the market size reaching USD 8.45 Billion by 2034. The report covers key segments such as type, end-use industry, and region, offering insights into revenue estimation, competitive landscape, growth factors, and recent trends. Regional scope includes North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. Customized purchasing options are available to meet specific research requirements. The Air Coolers market report includes an updated industry analysis with a focus on the COVID-19 impact. Strengths of air coolers include low energy consumption and cost, while weaknesses include inefficiency in humid environments. Opportunities lie in green product demand, while threats include competition from more effective air conditioning systems. Key questions answered in the report include market size, growth rate, and top companies in the industry. Key offerings include market share forecasts, growth drivers, and competitive landscape analysis. The regional perspective covers North America, highlighting the demand for air coolers in hot and dry climates to provide cost-effective cooling solutions. In response to the need for more efficient cooling systems, the industry is incorporating corrosion-resistant materials, smart fins, cover coatings, and intelligent control systems. Innovations like hybrid air coolers and analytics are enhancing sustainability. Companies like Altex Industries provide high-end air-cooled heat exchangers for rigorous applications.

Europe’s demand for cooling appliances is rising due to heatwaves. The market favors eco-friendly and energy-saving appliances, in line with strict environmental regulations. Aggreko added cleaner, more efficient equipment to its European chiller fleet, including a VLTC550 chiller using CO₂ refrigerant and water-cooled chillers operating on low-GWP refrigerant R513A.

In the Asia-Pacific region, urbanization and rising temperatures are driving the growth of the air cooler market. Intense heatwaves are causing record power demand, leading to blackouts in North India. The constant use of cooling devices strains the grid, affecting both the poor and the affluent seeking relief in hill stations.

LAMEA countries in Latin America, the Middle East, and Africa are experiencing an increased demand for air conditioning due to rising temperatures and urbanization. However, the sector faces challenges due to the use of harmful refrigerants like R-22 and HFCs. Improved enforcement, public awareness, and access to climate-friendly alternatives are crucial for sustainable cooling in Africa. The Air Coolers Market report provides insights on types, end-use industries, and regions. Prominent players include Bajaj Electricals, Symphony Limited, and Honeywell. Access a free sample report for market trends and statistics. Enjoy spectacular deals like free customization, post-sale service, and discounts on future purchases. Personalized market briefs are also available. Contact the sales team for more information. 1. The United Nations has reported that global carbon dioxide emissions hit a record high in 2021, with an increase of 1.5% compared to the previous year.

2. The World Health Organization has declared the Omicron variant as a “variant of concern” due to its high transmissibility and potential impact on global health.

3. In a landmark decision, the Supreme Court has ruled in favor of upholding affirmative action in college admissions, citing the importance of diversity in education.

4. A new study has found that the Pfizer-BioNTech COVID-19 vaccine is highly effective at preventing severe illness and hospitalization caused by the Delta variant. 1. The stock market experienced a surge today, with the Dow Jones Industrial Average reaching a new record high of 30,000 points. Investors are optimistic about the potential for economic recovery in the coming months.

2. COVID-19 cases continue to rise across the country, with over 12 million confirmed cases and 250,000 deaths. Health officials are urging the public to follow safety guidelines and avoid large gatherings during the holiday season.

3. A new study has found that wearing masks can significantly reduce the spread of the virus, with one study showing a 70% decrease in transmission rates. Experts are emphasizing the importance of mask-wearing in controlling the pandemic.

4. In international news, tensions are rising between China and Australia after the Australian government called for an investigation into the origins of the virus. China has responded by imposing tariffs on Australian exports, leading to concerns about a trade war.

5. The holiday shopping season is off to a strong start, with online sales reaching a record high of $10.8 billion on Cyber Monday. Retailers are hopeful that the trend will continue throughout the holiday season, despite the challenges posed by the pandemic.



Read more at GlobeNewswire: [Latest] Global Air Coolers Market Size/Share Worth USD