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According to the recently published report India Evaporative Air Cooler Market Overview, 2020-2025, the air cooler market in India has experienced significant growth over the past few years. This market is segmented into residential and industrial market based on its usage, with residential air coolers having a large customer base and industrial having a small share, for its limited use and a high price. Having a different sales channel, the industrial air cooler manufacturers offer more customization than the residential one.This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
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Symphony was the first player to enter the branded residential air-cooler market in the late 80s and single-handedly transformed the way Indian consumers perceive evaporative air coolers. As technological innovation took place, the residential segment have seen many new entries in the last few years. The average selling price of the coolers has taken an upward shift and now range in between INR 9, 000 to INR 13, 000. The market share of organized players' has improved a lot and has grown above 15% in volume by 2018-19. The marketers are presently promoting their sales through large format stores, retail chains, e-commerce portals, and teleshopping channels. The industrial evaporative air cooler market is also growing at a good pace and has many opportunities in the following years. Industrial evaporative air coolers are an alternative to regular air conditioning, as they are both cost-effective and environment friendly.
These are basically classified into three categories; tower, desert, and room coolers. The large part is covered by room coolers. which is budget-friendly and convenient for the small and middle-size room. Desert coolers are heavy and need an installation outside the window or near an open space. A desert cooler needs an open space to suck air from outside, while room coolers does not need such space and are also affordable in price.
The next-gen cooling devices have stylish looks and are ingested with many features like blower control speed, water tank capacity, multi-stage air purification, four-way air deflection, ice chamber, touch screen, mosquito net with a dust filter, and empty water tank alarm. They do take up less floor space but are still powerful enough to be efficient in sizeable rooms. These air coolers are expected to have a market share of around 15% by 2024-25, as they are sleek in design and light weight.
Considered in this report
- Geography: India & Global
- Base Year: FY 2018-19
- Estimated Year: FY 2019-20
- Forecast Year: FY 2024-25
How it will help solving your strategic decision making process?
- The report gives an in-depth understanding of evaporative air cooler products in india
- Global evaporative air cooler market outlook
- Global evaporative air cooler market size & forecast
- Global evaporative air cooler market size by type of air cooler
- India evaporative air cooler market outlook
- India residential evaporative air cooler market size & forecast
- India commercial evaporative air cooler market size & forecast
- India evaporative air cooler segmental analysis: by company, by region, by product type
- India evaporative air cooler market size & forecast by tier
- Company profiles
Table of Contents
1. Executive Summary6. India Economic Snapshot7. Raw Material & Production Scenario9. Disclaimer
2. Global Evaporative Air Cooler Market Outlook
3. India Evaporative Air Cooler Market Outlook
4. India Residential Evaporative Air Cooler Market Outlook
5. India Industrial Evaporative Air Cooler Market Outlook
8. Company Profiles
List of Figures
List of Table
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Symphony Limited
- Crompton Greaves Consumer Electricals Ltd.
- Canbara Industries Private Limited
- Ram Coolers
- Orient Electric Limited
- Voltas Limited
- Bajaj Electricals Limited
