Global Evaporative Cooling Market

  • 4100.00 Dollar US$
  • Published date: June 16, 2021
    • Pune, Pune, Maharashtra, India [ Ads Views - 8 ]

Global Evaporative Cooling Marketsize was valued at US$ 6.40 Bn in 2019 and expected to reach US$ XX Bn by 2019 at a CAGR of XX % during the forecast period.

The global Evaporative Cooling market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Evaporative Cooling report also provides trends by market segments, technology, and investment with a competitive landscape.
Overview of Evaporative Cooling:

Evaporative cooling is favored over conventional cooling technology because it relies on a natural mechanism, namely the reduction of air temperature by the evaporation of water. Despite its age, it has emerged as a viable alternative to traditional air conditioning systems in areas where severe cold is not expected.

Evaporative cooling works well in areas with good airflow and air movement, such as medium to wide-open spaces. It can be used in small rooms and offices, but it needs sufficient ventilation, which can be achieved by opening doors and windows or by installing mechanical supply fans.
Global Evaporative Cooling Market Dynamics:

The need for a cost-effective cooling solution is growing:

One of the major factors driving the global evaporative cooling market is the growing demand for cost-effective cooling solutions. The evaporative cooler uses less energy, making it a more affordable alternative for middle-class families. In the forecast era, this trend is likely to drive demand for evaporative coolers. Furthermore, these coolers use only water and do not use any artificial refrigerants. As a result, these coolers do not exhaust the ozone layer. The evaporative cooler will save you up to 55 % on energy costs and up to 70 % on running costs as compared to a comparable refrigerated air conditioner.

Evaporative cooling is both environmentally and economically friendly. By reducing CO2, CFC, and other greenhouse gas emissions, improves air quality. Evaporative coolers are highly efficient and cost-effective cooling devices that, on average, cost less than an air conditioner to run. Furthermore, evaporative coolers are less expensive to operate and maintain than air conditioners. As compared to traditional air conditioners, evaporative coolers use less energy while in operation.

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