Europe Portable Evaporative Cooler Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Direct Evaporative Cooling and Indirect Evaporative Cooling) and Application (Residential, Commercial, and Industrial)
The Europe portable evaporative cooler market is expected to grow from US$ 308.88 million in 2022 to US$ 448.46 million by 2028; it is estimated to grow at a CAGR of 6.4% from 2022 to 2028.
Increasing Demand for Coolers Among Commercial Applications
Portable evaporative coolers are getting widely used in manufacturing, food processing, and other factories, as well as in data centers. Since the mentioned areas generate sufficient heat during the production process, the demand for a cool environment in the surroundings is required. Moreover, as retail stores, gyms, commercial buildings, and hotels are getting advanced with technology, the demand for leisure experiences is rising, which would propel the demand for portable evaporative coolers in the coming years.
Data Centers: In data centers, an energy-efficient and reliable cooling solution is required to optimize working conditions. The data centers industry is expanding, dynamic, and increasingly resilient. Owing to the rising trend of computing, automation, use of digital technologies in SMEs and the industrial sector, the data center industry is getting evolved. Moreover, due to the rising demand for cloud services, the data center industry in countries such as the Netherlands, the UK, and Germany is expanding at an exponential rate. In data centers, direct air cooling is the most energy-efficient solution for data centers. Therefore, expanding data centers will have a positive impact on the demand for portable evaporative air coolers in the future.
Hospitality: The hotel industry is another prominent end user of portable evaporative coolers. As the hotels have a nightlife setting, providing comfort becomes crucial. Due to the crowd, the temperature in enclosed and small rooms increases. As a result, demand for cooling solutions would gain momentum in hotels in the coming years.
Hence, the rising demand for portable evaporative coolers from the commercial sector will continue to propel the need for energy-efficient cooling solutions, which, in turn, would fuel the portable evaporative cooler market during the forecast period.
Europe Portable Evaporative Cooler Market Overview
The Europe portable evaporative cooler market is segmented into Germany, France, Italy, the UK, Spain, and the Rest of Europe. Western European countries are more developed and technologically advanced than Nordic and eastern European countries. The market growth in the region is largely attributed to the growing demand for energy efficient cooling solutions in hotels, restaurants, food processing plants, and data centers among others. Moreover, the growth of the residential, commercial, and industrial sector and continuous changes in climatic conditions are projected to boost the growth of the European portable evaporative cooler market in the coming years. Also, a strong recovery from the great recession crisis in 2009 resulted in gradual progress in economic growth, especially in Germany. With development, the disposable income of middle-income groups got increased, industrialization and globalization were fueled. This factor is contributing towards the demand for comfort-based products, including energy efficient cooling solutions. However, many European countries, such as Germany, Switzerland, Russia, Norway, and Iceland, have a cold climate that hinders the demand for portable evaporative coolers in the residential sector.
Europe Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
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Europe Portable Evaporative Cooler Market Segmentation
The Europe portable evaporative cooler market is segmented based on type, application, and country. Based on type, the Europe portable evaporative cooler market is bifurcated into direct evaporative cooling and indirect evaporative cooling. The direct evaporative cooling segment held a larger market share in 2022.
Based on application, the Europe portable evaporative cooler market is segmented into residential, commercial, and industrial. The residential segment held the largest market share in 2022.
Based on country, the Europe portable evaporative cooler market is segmented into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany dominated the Europe portable evaporative cooler market share in 2022.
Portacool LLC, Honeywell International Inc., Metalurgica Manlleuense SA, and Symphony Ltd are the leading companies operating in the Europe portable evaporative cooler market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Portable Evaporative Cooler Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Europe Portable Evaporative Cooler Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Adoption of Evaporative Cooling in Residential Sector
5.1.2 Organic Strategies by Manufacturers to Meet Customer’s Request
5.2 Market Restraints
5.2.1 Seasonal Demand and Fewer Approval in Humid Areas of Portable Evaporative Coolers
5.3 Market Opportunities
5.3.1 Rise of Enhanced Portable Evaporative Coolers
5.4 Future Trends
5.4.1 Increasing Demand for Coolers Among Commercial Applications
5.5 Impact Analysis of Drivers and Restraints
6. Portable Evaporative Cooler Market – Europe Market Analysis
6.1 Europe Portable Evaporative Cooler Market Revenue Forecast and Analysis
7. Europe Portable Evaporative Cooler Market– Type
7.1 Overview
7.2 Portable Evaporative Cooler Market, by Type (2021 & 2028)
7.3 Direct Evaporative Cooling
7.3.1 Overview
7.3.2 Direct Evaporative Cooling: Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
7.4 Indirect Evaporative Cooling
7.4.1 Overview
7.4.2 Indirect Evaporative Cooling: Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
8. Europe Portable Evaporative Cooler Market– Application
8.1 Overview
8.2 Portable Evaporative Cooler Market, by Application (2021 & 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial: Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
8.5 Industrial
8.5.1 Overview
8.5.2 Industrial: Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
9. Europe Portable Evaporative Cooler Market – by Country Analysis
9.1 Europe: Portable Evaporative Cooler Market
9.1.1 Europe: Portable Evaporative Cooler Market, by Key Country
9.1.1.1 Germany: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Portable Evaporative Cooler Market, by Type
9.1.1.1.2 Germany: Portable Evaporative Cooler Market, by Application
9.1.1.2 France: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Portable Evaporative Cooler Market, by Type
9.1.1.2.2 France: Portable Evaporative Cooler Market, by Application
9.1.1.3 Italy: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Italy: Portable Evaporative Cooler Market, by Type
9.1.1.3.2 Italy: Portable Evaporative Cooler Market, by Application
9.1.1.4 UK: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 UK: Portable Evaporative Cooler Market, by Type
9.1.1.4.2 UK: Portable Evaporative Cooler Market, by Application
9.1.1.5 Spain: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Spain: Portable Evaporative Cooler Market, by Type
9.1.1.5.2 Spain: Portable Evaporative Cooler Market, by Application
9.1.1.6 Rest of Europe: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Portable Evaporative Cooler Market, by Type
9.1.1.6.2 Rest of Europe: Portable Evaporative Cooler Market, by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.4 Merger and Acquisition
11. Company Profiles
11.1 Portacool LLC
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Honeywell International Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Metalurgica Manlleuense SA
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Symphony Ltd
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Europe Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. France: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. Italy: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. UK: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. UK: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Spain: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Spain: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Portable Evaporative Cooler Market Segmentation
Figure 2. Europe Portable Evaporative Cooler Market Segmentation – By Country
Figure 3. Europe Portable Evaporative Cooler Market Overview
Figure 4. Europe Portable Evaporative Cooler Market, by Type
Figure 5. Europe Portable Evaporative Cooler Market, by Application
Figure 6. Europe Portable Evaporative Cooler Market, by Country
Figure 7. Europe – PEST Analysis
Figure 8. Europe Portable Evaporative Cooler Market – Ecosystem Analysis
Figure 9. Europe Expert Opinions
Figure 10. Europe Portable Evaporative Cooler Market: Impact Analysis of Drivers and Restraints
Figure 11. Europe Portable Evaporative Cooler Market Revenue Forecast and Analysis (US$ Million)
Figure 12. Europe Portable Evaporative Cooler Market, by Type (2021 & 2028)
Figure 13. Direct Evaporative Cooling: Europe Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Indirect Evaporative Cooling: Europe Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Portable Evaporative Cooler Market, by Application (2021 & 2028)
Figure 16. Residential: Europe Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Commercial: Europe Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Industrial: Europe Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe: Portable Evaporative Cooler Market, by Key Country – Revenue (2021) (US$ Million)
Figure 20. Europe: Portable Evaporative Cooler Market Revenue Share, by Key Country (2021 & 2028)
Figure 21. Germany: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. France: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Italy: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. UK: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Spain: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of Europe: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
- Portacool LLC
- Honeywell International Inc.
- Metalurgica Manlleuense SA
- Symphony Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe portable evaporative cooler market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe portable evaporative cooler market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe portable evaporative cooler market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution