Evaporative Cooling Market by Product Type, Distribution Channel, End User 2022-2027

Author: Elena Anderson

Marketing Manager

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Global Evaporative Cooling Market Research Report 2022-2027:

According to the latest report by IMARC Group, titled " Evaporative Cooling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

," the global evaporative cooling market reached a value of US$ 5.67 Billion in 2021.

Evaporative cooling refers to a technique that is generally used for cooling down the air via the water evaporation process. It involves the utilization of ventilation and cooling systems that are mainly employed in buildings, machinery and manufacturing facilities. These cooling systems usually consist of filters, intake chambers, supply fan, exhaust fan, water sump, re-circulating water pimp and director indirect-contact heat exchanger systems.

In comparison to conventional air-cooling technologies, this method uses lesser energy for filtering the air while improving the overall indoor air quality. Due to the growing awareness regarding the benefits of evaporative cooling systems, there has been a considerable rise in the adoption of the product. Request for a PDF sample of this report: https://www.imarcgroup.com/evaporative-cooling-market/requestsample

Global Evaporative Cooling Market Trends:

The global market is primarily driven by the rising temperature levels worldwide on account of global warming. Coupled with the increasing risks of being exposed to life-threatening heatwaves due to climatic changes, this is positively influencing the market. In line with this, the growing environmental concerns among the masses have led to the widespread adoption of cooling equipment, which has provided a boost to the sales of evaporative cooling systems across the globe. Along with this, numerous initiatives undertaken by the governments of multiple countries for promoting the utilization of sustainable cooling technologies are favorably impacting the market. Moreover, significant demand for clean and cost-effective cooling solutions among individuals is propelling the market growth. Furthermore, continual technological advancements in cooling devices are creating a positive market outlook. Other factors, including the rising energy consumption across commercial, residential and industrial places, continuous innovations in the product variants and extensive research and development (R&D) activities conducted by key players, are also projected to contribute to the market growth. Looking forward, IMARC Group expects the market is anticipated to reach a value of US$ 8.41 Billion by 2027, exhibiting at a CAGR of 6.50% during 2022-2027.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/evaporative-cooling-market

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Key Market Segmentation

The research report includes the following segments:

Breakup by Type of Cooling:

• Direct Evaporative Cooling

• Indirect Evaporative Cooling

• Two-stage Evaporative Cooling

Breakup by Distribution Channel:

• Big-box Retailers

• HVAC Contractors and Distributors

• Others

Breakup by Application:

• Residential

• Commercial

• Industrial

• Confinement Farming

• Others

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Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

Competitive Landscape with Key Players:

• Baltimore Aircoil Company Inc. (Amsted Industries Incorporated)

• Bonaire Heating & Cooling

• Celsius Design Limited

• CFW Evapcool

• Colt Group Limited

• Condair Group AG

• Delta Cooling Towers Inc

• EcoCooling

• ENEXIO Water Technologies GmbH

• Munters Group

• Phoenix Manufacturing Inc

• SPX Cooling Technologies Inc. (SPX Corporation)

1. What was the size of the global evaporative cooling market in 2021?

2. What is the expected growth rate of the global evaporative cooling market during 2022- 2027?

3. What are the key factors driving the global evaporative cooling market?

4. What has been the impact of COVID-19 on the global evaporative cooling market?

5. What is the breakup of the global evaporative cooling market based on the type of cooling?

6. What are the key regions in the global evaporative cooling market?

7. Who are the key players/companies in the global evaporative cooling market?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/evaporative-cooling-market/toc

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