North America Evaporative Cooler Market Forecast to 2028 – COVID-19 Impact and Regional Analysis– by Type (Direct Evaporative Cooling, Indirect Evaporative Cooling, and Two-Stage Evaporative Cooling) and Application (Residential, Commercial, Industrial, and Confinement Farming)
The North America evaporative cooler market is expected to grow from US$ 859.83 million in 2022 to US$ 1,164.70 million by 2028. It is estimated to grow at a CAGR of 5.2% from 2022 to 2028.
Rising Adoption of Evaporative Coolers in Data Centers fuels North America Evaporative Cooler Market
Earlier, data centers were constructed in cooler environmental regions. Moreover, the adoption of liquid cooling systems for data centers is increasing in the US. According to the survey done by Informa Engage in association with Dell Technologies, in 2020, ~37% of respondents already adopted evaporative cooling over conventional computer room air conditioner (CRAC)/computer room air handler (CRAH), an increase of 6% from 2017. Amazon Web Services, in its efforts to build a sustainable business, have been deploying direct evaporative cooling across several of its data centers during summer times since past 5 years. Therefore, the growing adoption of evaporative coolers for data centers is fueling the growth of the North America evaporative cooler market.
North America Evaporative Cooler Market Overview
The evaporative cooler market in North America is segmented into the US, Canada, and Mexico. Global warming has resulted in a rise in temperature across North American countries, which is creating a demand for eco-friendly cooling solutions. As refrigerant air cooler is one of the causes of increasing global warming, people are adopting evaporative coolers as an eco-friendly alternative.
In addition, the increasing construction activities, such as building residential and commercial spaces, are creating the demand for evaporative coolers across North America. Also, these coolers provide eco-friendly cooling, which is increasing its demand in North America. The number of single-family homes and privately‐owned housing under construction increased to the highest level in North America since 2010. According to the US Census Bureau and the US Department of Housing and Urban Development's new residential construction statistics, privately‐owned housing completions recorded an annual rate of 1,309,000 in February 2022, an increase of 5.9% from the January estimate of 1,236,000. Furthermore, in February 2022, single‐family housing completions recorded a rate of 1,034,000; 12.1% higher than that of January 2022 at 922,000. Similarly, according to Jonas Construction Software Inc, the construction sector in Canada is expected to be worth more than US $ 430 billion and is expected to grow at 8.5% by 2024. Thus, the growing residential construction activities in the region are expected to fuel the evaporative cooler market growth during the forecast period.
North America Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
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North America Evaporative Cooler Market Segmentation
The North America evaporative cooler market is divided into type, application, and country.
Based on type, the North America evaporative cooler market is segmented into direct evaporative cooling, indirect evaporative cooling, and two-stage evaporative cooling. The direct evaporative cooling segment held the largest North America evaporative cooler market share in 2022.
Based on application, the North America evaporative cooler market is segmented into residential, commercial, industrial, and confinement farming. The industrial segment held the largest North America evaporative cooler market share in 2022.
Based on country, the North America evaporative cooler market is segmented into the US, Canada, and Mexico. The US dominated the North America evaporative cooler market share in 2022.
Baltimore Aircoil Co; CoolBoss LLC; Honeywell International Inc; Munters Group AB; Phoenix Manufacturing Inc; Pinnacle Climate Technologies Inc; SPX Technologies Inc; and Symphony Ltd are the leading companies operating in the North America 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. North America Evaporative Cooler Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Evaporative Cooler Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Evaporative Coolers in Data Centers
5.1.2 Growing Demand for Evaporative Coolers in Residential Sector
5.2 Market Restraints
5.2.1 Inability to Work Efficiently in Humid Environment
5.3 Market Opportunities
5.3.1 Increasing Demand for Cost-Effective Cooling Solutions
5.4 Future Trends
5.4.1 Incorporation of Antimicrobial Technologies in Evaporative Coolers
5.5 Impact Analysis of Drivers and Restraints
6. Evaporative Cooler Market – North America Analysis
6.1 North America Evaporative Cooler Market Overview
6.2 North America Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
7. North America Evaporative Cooler Market Analysis – By Type
7.1 Overview
7.2 North America Evaporative Cooler Market, by Type (2021 & 2028)
7.3 Direct Evaporative Cooling
7.3.1 Overview
7.3.2 Direct Evaporative Cooling: North America 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: North America Evaporative Cooler Market – Revenue, and Forecast to 2028 (US$ Million)
7.5 Two-Stage Evaporative Cooling
7.5.1 Overview
7.5.2 Two-Stage Evaporative Cooling: North America Evaporative Cooler Market – Revenue, and Forecast to 2028 (US$ Million)
8. North America Evaporative Cooler Market Analysis – By Application
8.1 Overview
8.2 North America Evaporative Cooler Market Breakdown, by Application, 2021 & 2028
8.3 Residential
8.3.1 Overview
8.3.2 Residential : North America Evaporative Cooler Market – Revenue, and Forecast to 2028 (US$ Million)
8.4 Commercial
8.4.1 Overview
8.4.2 Commercial : North America Evaporative Cooler Market – Revenue, and Forecast to 2028 (US$ Million)
8.5 Industrial
8.5.1 Overview
8.5.2 Industrial : North America Evaporative Cooler Market – Revenue, and Forecast to 2028 (US$ Million)
8.6 Confinement Farming
8.6.1 Overview
8.6.2 Confinement Farming : North America Evaporative Cooler Market – Revenue, and Forecast to 2028 (US$ Million)
9. North America Evaporative Cooler Market – Country Analysis
9.1 Overview
9.1.1 North America Evaporative Cooler Market, by Key Country- Revenue (2021) (US$ Million)
9.1.2 North America Evaporative Cooler Market Breakdown, by Country
9.1.2.1 US : North America Evaporative Cooler Market, Revenue and Forecast to 2028
9.1.2.1.1 US: North America Evaporative Cooler Market Breakdown, by Type
9.1.2.1.2 US: North America Evaporative Cooler Market Breakdown, by Application
9.1.2.2 Canada : North America Evaporative Cooler Market, Revenue and Forecast to 2028
9.1.2.2.1 Canada: North America Evaporative Cooler Market Breakdown, by Type
9.1.2.2.2 Canada: North America Evaporative Cooler Market Breakdown, by Application
9.1.2.3 Mexico : North America Evaporative Cooler Market, Revenue and Forecast to 2028
9.1.2.3.1 Mexico: North America Evaporative Cooler Market Breakdown, by Type
9.1.2.3.2 Mexico: North America Evaporative Cooler Market Breakdown, 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 Baltimore Aircoil Co
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 CoolBoss LLC
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 Honeywell International Inc
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 Munters Group AB
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
11.5 Phoenix Manufacturing Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Pinnacle Climate Technologies Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 SPX Technologies Inc
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Symphony Ltd
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. North America Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Evaporative Cooler Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: North America Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. US: North America Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: North America Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: North America Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico: North America Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: North America Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Evaporative Cooler Market Segmentation
Figure 2. North America Evaporative Cooler Market Segmentation – By Country
Figure 3. North America Evaporative Cooler Market Overview
Figure 4. Direct Evaporative Cooling Segment Held the Largest Share of North America Evaporative Cooler Market
Figure 5. Mexico to Show Great Traction During Forecast Period
Figure 6. North America: PEST Analysis
Figure 7. Expert Opinion
Figure 8. North America Evaporative Cooler Market Impact Analysis of Drivers and Restraints
Figure 9. North America Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10. North America Evaporative Cooler Market Breakdown, by Type, 2021 & 2028 (%)
Figure 11. Direct Evaporative Cooling: North America Evaporative Cooler Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 12. Indirect Evaporative Cooling: North America Evaporative Cooler Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 13. Two-Stage Evaporative Cooling: North America Evaporative Cooler Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 14. North America Evaporative Cooler Market Breakdown, by Application, 2021 & 2028 (%)
Figure 15. Residential : North America Evaporative Cooler Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 16. Commercial : North America Evaporative Cooler Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 17. Industrial : North America Evaporative Cooler Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 18. Confinement Farming : North America Evaporative Cooler Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 19. North America Evaporative Cooler Market, by Key Country- Revenue (2021) (US$ Million)
Figure 20. North America Evaporative Cooler Market Breakdown, by Country, 2021 & 2028 (%)
Figure 21. US : North America Evaporative Cooler Market, Revenue and Forecast to 2028 (US$ Million)
Figure 22. Canada : North America Evaporative Cooler Market, Revenue and Forecast to 2028 (US$ Million)
Figure 23. Mexico : North America Evaporative Cooler Market, Revenue and Forecast to 2028 (US$ Million)
- Baltimore Aircoil Co
- CoolBoss LLC
- Honeywell International Inc
- Munters Group AB
- Phoenix Manufacturing Inc
- Pinnacle Climate Technologies Inc
- SPX Technologies Inc
- Symphony Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America evaporative cooler market.
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