North America 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 North America portable evaporative cooler market is expected to grow from US$ 416.37 million in 2022 to US$ 585.30 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2022 to 2028.
Organic Strategies by Manufacturers to Meet Customer’s Demand
The improving economic conditions across the North America, coupled with urbanization, have led to the increased disposable income of individuals. Technological advancements and changes in government and organizational regulations for energy consumption are contributing to the demand for portable evaporative coolers. Therefore, to fulfill the growing demand for coolers in a dry climate, manufacturers are adopting product innovation or new product launch strategies. Below mentioned are a few organic strategies: In September 2022, Hessaire Products, Inc. expanded its portable evaporative cooler line by introducing more coolers in different colors. To address customer’s requirements related to style and color, the company introduced MC18MT (teal blue), MC18M (off-white), MC18V (forest green), and MC18S (sand color) that can be used on evaporative cooler mode or fan-only mode. In April 2019, NewAir LLC (licensing partner of Electrolux) rolled out a new line of misting fans and evaporative coolers for residential purposes. The new product series is available under the Frigidaire brand and offers extensions, which improve experiences of wellbeing in house. Moreover, such products that align with the company’s sustainability goals by providing practical cooling solutions demanding low energy to operate. In January 2019, Larson Electronics unveiled a portable explosion-proof evaporative cooling system to cater requirements of harsh and hazardous work environments. This system depicts features of dry mist technology and a non-sparking fan to cool areas, which lags in having access to old air conditioning.
Therefore, with continuous product launches and related strategies, the scope of using portable air cooler will endure to grow, and thereby fueling the overall market growth.
North America Portable Evaporative Cooler Market Overview
The portable evaporative cooler market in North America is segmented into the US, Canada, and Mexico. North America is expected to provide lucrative opportunities to the market during the forecast period due to the growing residential sector and rising demand for energy efficient cooling solutions in commercial applications across the region. The major market share of this region is mainly attributed to the changing climate conditions and rising consumer inclination toward a healthy environment.
Government regulations and standards, such as AHAM 7008-2018/CSA SPE-7008-18/UL 7008-18, focusing on energy efficiency are projected to fuel the adoption of energy efficient cooling solutions in the industries. Also, the presence of players in North America will fuel the manufacturing of portable evaporative coolers. Jmatek Limited; Phoenix Manufacturing, Inc.; Delta T LLC; Hessaire Products Inc.; and Newair are among the key players providing portable evaporative coolers for varied applications. Footprints of manufacturers will have a direct impact on the growth of the market. Additionally, any organic and inorganic strategy taken by them will further influence the market growth in the coming years. In April 2021, Portacool, LLC added an extended Portacool evaporative cooler to its product portfolio. The newly added Portacool 510 product is a reliable, powerful, and portable cooling solution developed to ensure that open spaces are comfortably cool through the natural evaporation process. The product is ideal for home use, outdoor living, and small workspaces. Therefore, such development strategies for addressing the US market will further fuel the growth of the North America portable evaporative cooler market during the forecast period.
North America Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
North America Portable Evaporative Cooler Market Segmentation
The North America portable evaporative cooler market is segmented based on type, application, and country. Based on type, the North America 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 North America portable evaporative cooler market is segmented into residential, commercial, and industrial. The industrial segment held the largest market share in 2022.
Based on country, the North America portable evaporative cooler market is segmented into the US, Canada, and Mexico. The US dominated the North America portable evaporative cooler market share in 2022.
Delta T LLC, Hessaire Products Inc., Napcom LLC, Portacool LLC, Honeywell International Inc., Metalurgica Manlleuense SA, Symphony Ltd, and Phoenix Manufacturing Inc. are the leading companies operating in the North America 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. North America Portable Evaporative Cooler Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Portable Evaporative Cooler Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Adoption of Evaporative Cooling in Residential Sector
5.1.2 Organic Strategies by Manufacturers to Meet Customer’s Demand
5.2 Market Restraints
5.2.1 Seasonal Demand and Less Adoption in Humid Areas of Portable Evaporative Coolers
5.3 Market Opportunities
5.3.1 Emergence of Enhanced Portable Evaporative Coolers
5.4 Future Trends
5.4.1 Growing Demand for Coolers Among Commercial Applications
5.5 Impact Analysis of Drivers and Restraints
6. Portable Evaporative Cooler Market – North America Market Analysis
6.1 North America Portable Evaporative Cooler Market Revenue Forecast and Analysis
7. North America 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. North America 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. North America Portable Evaporative Cooler Market – by Country Analysis
9.1 North America: Portable Evaporative Cooler Market
9.1.1 North America: Portable Evaporative Cooler Market, by Key Country
9.1.1.1 US: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Portable Evaporative Cooler Market, by Type
9.1.1.1.2 US: Portable Evaporative Cooler Market, by Application
9.1.1.2 Canada: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Portable Evaporative Cooler Market, by Type
9.1.1.2.2 Canada: Portable Evaporative Cooler Market, by Application
9.1.1.3 Mexico: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Portable Evaporative Cooler Market, by Type
9.1.1.3.2 Mexico: 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 Delta T 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 Hessaire Products 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 Napcom LLC
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 Portacool LLC
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 Honeywell International 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 Metalurgica Manlleuense SA
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 Symphony Ltd
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 Phoenix Manufacturing Inc
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 Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
Table 2. US: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. Mexico: Portable Evaporative Cooler Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Mexico: Portable Evaporative Cooler Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Portable Evaporative Cooler Market Segmentation
Figure 2. North America Portable Evaporative Cooler Market Segmentation – By Country
Figure 3. North America Portable Evaporative Cooler Market Overview
Figure 4. North America Portable Evaporative Cooler Market, by Type
Figure 5. North America Portable Evaporative Cooler Market, by Application
Figure 6. North America Portable Evaporative Cooler Market, by Country
Figure 7. North America – PEST Analysis
Figure 8. North America Portable Evaporative Cooler Market – Ecosystem Analysis
Figure 9. North America Expert Opinions
Figure 10. North America Portable Evaporative Cooler Market: Impact Analysis of Drivers and Restraints
Figure 11. North America Portable Evaporative Cooler Market Revenue Forecast and Analysis (US$ Million)
Figure 12. North America Portable Evaporative Cooler Market, by Type (2021 & 2028)
Figure 13. Direct Evaporative Cooling: North America Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Indirect Evaporative Cooling: North America Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Portable Evaporative Cooler Market, by Application (2021 & 2028)
Figure 16. Residential: North America Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Commercial: North America Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Industrial: North America Portable Evaporative Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America: Portable Evaporative Cooler Market, by Key Country – Revenue (2021) (US$ Million)
Figure 20. North America: Portable Evaporative Cooler Market Revenue Share, by Key Country (2021 & 2028)
Figure 21. US: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Canada: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Mexico: Portable Evaporative Cooler Market – Revenue and Forecast to 2028 (US$ Million)
- Delta T LLC
- Hessaire Products Inc.
- Napcom LLC
- Portacool LLC
- Honeywell International Inc.
- Metalurgica Manlleuense SA
- Symphony Ltd
- Phoenix Manufacturing Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America 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 North America 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 North America market trends and outlook coupled with the factors driving the North America 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