+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

South America Evaporative Air Cooler Market Outlook, 2029

  • PDF Icon

    Report

  • 68 Pages
  • March 2024
  • Bonafide Research
  • ID: 5952293
10% Free customization
1h Free Analyst Time
10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.

1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The South American region, which includes varied countries such as Brazil, Argentina, Colombia, Peru, and Chile, among others, has a distinct blend of cultural, economic, and environmental characteristics that have a considerable impact on consumer markets. In recent years, the demand for evaporative air coolers in South America has increased significantly, driven by a variety of socioeconomic dynamics and environmental variables that exist across the continent. South America has a diverse spectrum of landscapes, from the lush Amazon rainforest to the vast Andes mountain range and the barren plains of Patagonia.

This geographical diversity results in a wide range of climates, from tropical and subtropical zones in the north to temperate and subpolar regions in the south. In many portions of South America, particularly countries like Brazil and Argentina, hot and humid summers are common, creating a significant need for effective cooling solutions to mitigate discomfort and maintain indoor comfort levels. Furthermore, increased urbanization and industrialization have resulted in the spread of urban heat islands in major cities throughout South America. As people congregate in metropolitan regions, the demand for cooling solutions rises, fueled not just by residential needs but also by commercial and industrial sectors. In countries with high urbanization rates, such as Brazil and Colombia, the strain on existing infrastructure to provide adequate cooling during hot seasons has increased, prompting both consumers and businesses to seek more energy-efficient and cost-effective alternatives to traditional air conditioning systems. Economic variables play an important role in defining the South American evaporative air cooler market. While certain nations in the region, like Chile and Uruguay, have very high per capita incomes and strong consumer spending, others grapple with economic challenges stemming from political instability, currency fluctuations, and income inequality. As a result, affordability remains a key consideration for consumers when choosing cooling solutions, with evaporative air coolers often presenting a more accessible option compared to conventional air conditioners in terms of upfront costs and operational expenses.

According to the research report 'South America Evaporative Air Cooler Market Outlook, 2029,' the South America Evaporative Air Cooler market is expected to add more than USD 200 Million from 2024 to 2029. Environmental sustainability has developed into a key concern in South America, owing to increased awareness of climate change and its consequences for the region's ecosystems and communities. Evaporative air coolers, which use the natural process of evaporation to reduce ambient temperatures, are viewed as more environmentally benign than refrigerant-based air conditioning systems, which contribute to greenhouse gas emissions and ozone depletion.

As governments and regulatory organizations in South America tighten environmental rules and promote eco-friendly practices, the market for evaporative cooling solutions is likely to grow in the future. In addition to these broad trends, cultural preferences and lifestyle choices impact the use of evaporative air coolers in South America. Siestas are traditional traditions in nations such as Argentina that highlight the cultural significance of staying cool and comfortable during hot daytime hours, driving the demand for effective cooling solutions in residential settings.

Furthermore, the rise of outdoor recreational activities and alfresco dining culture in urban areas underscores the need for portable and versatile cooling options that can be easily deployed in open spaces, parks, and patios. Overall, the South American evaporative air cooler market is a fluid landscape influenced by a complex interaction of climatic, economic, environmental, and cultural influences. As the region undergoes rapid transformation and urban development, the demand for efficient and sustainable cooling solutions is expected to increase, creating potential for innovation and market expansion in the coming years.

Major Drivers

Climatic diversity: South America's diverse temperatures, which range from tropical rainforests to arid deserts, result in a variety of cooling requirements across the continent. Evaporative air coolers provide an efficient solution that is adaptable to a variety of environmental situations. In humid climates like the Brazilian Amazon or the Colombian Caribbean coast, evaporative cooling may successfully drop temperatures without causing discomfort from excessive dryness, making it a popular choice for both residential and commercial applications.

Affordability and accessibility: Economic differences in South America influence consumer purchasing behavior, with affordability being a critical factor in the adoption of cooling systems. Evaporative air coolers are a more economical option than typical air conditioning equipment, both upfront and in terms of operating costs. This low cost makes evaporative coolers attractive among middle-income households and small enterprises, especially in nations with unpredictable economies or restricted financing alternatives.

Major Challenges

Water scarcity and quality: Water shortages and poor water quality pose significant barriers to the widespread use of evaporative air conditioners in South America. Climate change and agricultural needs have exacerbated chronic water shortages in regions such as Chile and Argentina. Furthermore, the presence of minerals and pollutants in water sources can cause scaling and corrosion in evaporative cooling systems, limiting efficiency and longevity. In order to address these difficulties, water-saving technologies such as closed-loop cooling systems and stringent water treatment methods must be developed to ensure that limited water resources are used sustainably.

Based on type segment market includes tower, desert, window, personal and others. Desert type is projected to play crucial role in South America evaporative air cooler. Based on application segment market is bifurcated into residential and commercial. Among them residential application is expected to dominate the South America evaporative air cooler.

Desert air coolers utilize substantially less energy than refrigerant-based air conditioners, making them an affordable cooling option for South American homes, companies, and industries. Given the region's growing concerns about energy conservation and sustainability, desert air coolers' energy efficiency makes them a viable option for consumers wishing to decrease their carbon footprint and energy expenditures. Many locations in South America have hot and dry weather, similar to those seen in deserts. Traditional air conditioning systems in these places can be costly to run because of the high energy consumption necessary to cool indoor rooms.

Desert air coolers are specifically intended to flourish in hot and dry conditions, using the natural process of evaporation to provide excellent cooling without the need for refrigerants or compressors. South America has a variety of temperatures, from hot and humid to hot and dry. Evaporative air coolers are especially efficient in hot, dry conditions, which are common throughout the continent, including the arid regions of northern Chile, western Argentina, and sections of Brazil.

In certain places, evaporative coolers can provide effective and comfortable cooling without the need for refrigerants or compressors, making them a popular household option. Evaporative air coolers are extremely simple to install and operate, requiring less setup and maintenance than typical air conditioning systems. They do not require sophisticated ducting or major structural alterations, making them ideal for residential applications that emphasize simplicity and convenience. Additionally, evaporative coolers often have user-friendly controls, allowing homeowners to adjust settings easily to maintain their desired indoor comfort levels.

Based on report market includes three major countries including Brazil, Argentina and Colombia. Among them Brazil is expected to dominate the South America Evaporative Air Cooler market.

Brazil is South America's largest country in both land area and population. With a population of over 200 million people and a fast-rising urban population, Brazil is an important market for cooling systems. The sheer scale of the Brazilian market creates numerous opportunities for evaporative air cooler manufacturers and distributors to develop a strong presence and capture a significant share of the market. Much of Brazil has a hot and humid climate, especially in the coastal regions and the Amazon basin. Traditional air conditioning systems in these places can be expensive to run because of the high energy consumption necessary to cool indoor rooms.

Evaporative air coolers excel in humid settings by leveraging the natural process of evaporation to decrease temperatures and offer a more energy-efficient and cost-effective alternative for maintaining indoor comfort levels in Brazil's warm and muggy climate. Brazil is rapidly urbanizing, with millions of people moving from rural areas to cities in quest of better prospects. As the urban population grows, so does the demand for cooling solutions, which is driven by the residential, commercial, and industrial sectors.

Evaporative air coolers, with their low cost, ease of installation, and energy efficiency, are ideal for meeting the cooling needs of urban people in Brazil, especially in locations where standard air conditioning systems are limited or prohibitively expensive. The Brazilian government has actively promoted energy efficiency and environmental sustainability through a variety of initiatives and policies. Evaporative air coolers, which use less energy and have a lesser environmental impact than refrigerant-based air conditioners, are consistent with the government's goals to cut carbon emissions and prevent climate change. Incentives such as energy efficiency programs, tax credits, and subsidies further incentivize the adoption of evaporative cooling technologies in Brazil, driving market growth and dominance.

The competitive landscape of the evaporative air cooler market is dynamic, characterized by the presence of key players, technological innovations, and a growing emphasis on sustainable and energy-efficient cooling solutions. The market has seen significant growth driven by increasing awareness of environmental concerns, rising temperatures, and the need for cost-effective cooling alternatives. Evaporative air cooler manufacturers are incorporating smart technologies, allowing users to control and monitor their cooling systems remotely. Smart features, such as Wi-Fi connectivity and mobile applications, enhance user convenience and contribute to the evolving competitive landscape.

Innovations in cooling pad materials, such as high-efficiency honeycomb structures and eco-friendly materials are enhancing the cooling efficiency of evaporative air coolers. Manufacturers are focusing on improving pad longevity and effectiveness to gain a competitive edge. Key players are expanding their product portfolios to cater to diverse consumer needs. This includes the development of evaporative air coolers for residential, commercial, and industrial applications, ensuring a comprehensive market presence.

Manufacturers are strategically expanding their geographical reach by entering new markets and forming partnerships with local distributors. This approach allows them to tap into emerging economies and respond to the increasing demand for efficient cooling solutions. Companies in the evaporative air cooler market are increasingly focusing on sustainability. The development of eco-friendly units, free from harmful refrigerants, aligns with consumer preferences for environmentally conscious products, giving manufacturers a competitive advantage.

Recent Developments

Considered in this report

  • Historic year: 2018
  • Base year: 2023
  • Estimated year: 2024
  • Forecast year: 2029

Aspects covered in this report

  • Evaporative Air Cooler market Outlook with its value and forecast along with its segments
  • Various drivers and challenges
  • On-going trends and developments
  • Top profiled companies
  • Strategic recommendation

By Type

  • Tower
  • Desert
  • Window
  • Personal
  • Other

By Application

  • Residential
  • Commercial

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases.

After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Evaporative Air Cooler industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.


This product will be delivered within 2 business days.

Table of Contents

1. Executive Summary
2. Research Methodology
2.1. Secondary Research
2.2. Primary Data Collection
2.3. Market Formation & Validation
2.4. Report Writing, Quality Check & Delivery
3. Market Structure
3.1. Market Considerate
3.2. Assumptions
3.3. Limitations
3.4. Abbreviations
3.5. Sources
3.6. Definitions
4. Economic /Demographic Snapshot
5. Global Evaporative Air Cooler Market Outlook
5.1. Market Size By Value
5.2. Market Share By Region
5.3. Market Size and Forecast, By Type
5.4. Market Size and Forecast, By Application
6. South America Evaporative Air Cooler Market Outlook
6.1. Market Size By Value
6.2. Market Share By Country
6.3. Market Size and Forecast, By Type
6.4. Market Size and Forecast, By Application
7. Market Dynamics
7.1. Market Drivers & Opportunities
7.2. Market Restraints & Challenges
7.3. Market Trends
7.4. COVID-19 Effect
7.5. Supply chain Analysis
7.6. Policy & Regulatory Framework
7.7. Industry Experts Views
7.8. Brazil Evaporative Air Cooler Market Outlook
7.8.1. Market Size By Value
7.8.2. Market Size and Forecast By Type
7.8.3. Market Size and Forecast By Application
7.9. Argentina Evaporative Air Cooler Market Outlook
7.9.1. Market Size By Value
7.9.2. Market Size and Forecast By Type
7.9.3. Market Size and Forecast By Application
7.10. Columbia Evaporative Air Cooler Market Outlook
7.10.1. Market Size By Value
7.10.2. Market Size and Forecast By Type
7.10.3. Market Size and Forecast By Application
8. Competitive Landscape
8.1. Competitive Dashboard
8.2. Business Strategies Adopted by Key Players
8.3. Key Players Market Positioning Matrix
8.4. Porter's Five Forces
8.5. Company Profile
8.5.1. Honeywell International Inc.
8.5.1.1. Company Snapshot
8.5.1.2. Company Overview
8.5.1.3. Financial Highlights
8.5.1.4. Geographic Insights
8.5.1.5. Business Segment & Performance
8.5.1.6. Product Portfolio
8.5.1.7. Key Executives
8.5.1.8. Strategic Moves & Developments
8.5.2. Orient Electric Limited
8.5.3. Midea Group
8.5.4. Sharp Corporation
8.5.5. Carrier Global Corporation
8.5.6. Panasonic Corporation
8.5.7. Toshiba Corporation
8.5.8. Daikin Industries, Ltd
9. Strategic Recommendations
10. Annexure
10.1. FAQ`s
10.2. Notes
10.3. Related Reports
11. Disclaimer
List of Figures
Figure 1: Global Evaporative Air Cooler Market Size (USD Million) By Region, 2023 & 2029
Figure 2: Market attractiveness Index, By Region 2029
Figure 3: Market attractiveness Index, By Segment 2029
Figure 4: Global Evaporative Air Cooler Market Size By Value (2018, 2023 & 2029F) (in USD Million)
Figure 5: Global Evaporative Air Cooler Market Share By Region (2023)
Figure 6: South America Evaporative Air Cooler Market Size By Value (2018, 2023 & 2029F) (in USD Million)
Figure 7: South America Evaporative Air Cooler Market Share By Country (2023)
Figure 8: Brazil Evaporative Air Cooler Market Size By Value (2018, 2023 & 2029F) (in USD Million)
Figure 9: Argentina Evaporative Air Cooler Market Size By Value (2018, 2023 & 2029F) (in USD Million)
Figure 10: Columbia Evaporative Air Cooler Market Size By Value (2018, 2023 & 2029F) (in USD Million)
Figure 11: Competitive Dashboard of top 5 players, 2023
Figure 12: Porter's Five Forces of Global Evaporative Air Cooler Market
List of Tables
Table 1: Global Evaporative Air Cooler Market Snapshot, By Segmentation (2023 & 2029) (in USD Million)
Table 2: Top 10 Counties Economic Snapshot 2022
Table 3: Economic Snapshot of Other Prominent Countries 2022
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Evaporative Air Cooler Market Size and Forecast, By Type (2018 to 2029F) (In USD Million)
Table 6: Global Evaporative Air Cooler Market Size and Forecast, By Application (2018 to 2029F) (In USD Million)
Table 7: South America Evaporative Air Cooler Market Size and Forecast, By Type (2018 to 2029F) (In USD Million)
Table 8: South America Evaporative Air Cooler Market Size and Forecast, By Application (2018 to 2029F) (In USD Million)
Table 9: Influencing Factors for Evaporative Air Cooler Market, 2023
Table 10: Brazil Evaporative Air Cooler Market Size and Forecast By Type (2018 to 2029F) (In USD Million)
Table 11: Brazil Evaporative Air Cooler Market Size and Forecast By Application (2018 to 2029F) (In USD Million)
Table 12: Argentina Evaporative Air Cooler Market Size and Forecast By Type (2018 to 2029F) (In USD Million)
Table 13: Argentina Evaporative Air Cooler Market Size and Forecast By Application (2018 to 2029F) (In USD Million)
Table 14: Colombia Evaporative Air Cooler Market Size and Forecast By Type (2018 to 2029F) (In USD Million)
Table 15: Colombia Evaporative Air Cooler Market Size and Forecast By Application (2018 to 2029F) (In USD Million)