Global Dry Ambient Air Coolers Market Growth 2024-2030

Global Dry Ambient Air Coolers Market Growth 2024-2030

Dry ambient air coolers are heat-transfer devices that use air to remove excess heat into the atmosphere. Usually, a dry cooler presents a heat exchanger (it can be either microchannel coils or a finned tube) and fans.

The global Dry Ambient Air Coolers market size is projected to grow from US$ 1019.3 million in 2023 to US$ 1462.3 million in 2030; it is expected to grow at a CAGR of 5.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Dry Ambient Air Coolers Industry Forecast” looks at past sales and reviews total world Dry Ambient Air Coolers sales in 2023, providing a comprehensive analysis by region and market sector of projected Dry Ambient Air Coolers sales for 2024 through 2030. With Dry Ambient Air Coolers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Dry Ambient Air Coolers industry.

This Insight Report provides a comprehensive analysis of the global Dry Ambient Air Coolers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Dry Ambient Air Coolers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Dry Ambient Air Coolers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Dry Ambient Air Coolers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Dry Ambient Air Coolers.

Globally, there is a growing demand for energy-saving, low-consumption, and environmentally-friendly cooling equipment. The air cooler works on the principle of evaporation. It employs a primary airflow mechanism that draws in fresh air from the outside and sends it across wet cooling pads that absorb heat from the environment instead of drying it out like an air conditioner. In addition, this air cooler does not use any toxic coolants such as CFC, HCFC or other hydrofluorocarbons commonly used in air conditioners to cool the environment, which is more environmentally friendly. As consumers become increasingly concerned about air conditioner energy use, they are turning to air coolers. They save nearly 80% to 90% on electricity bills compared to air conditioners, making them more cost-effective and energy-efficient in the long run. However, consumers are hesitant to use air coolers because they take up space and do not match the decor of the room. However, many manufacturers have realized that this is a big problem and are developing smaller, sleeker, more elegant air coolers. Also, manufacturers are innovating to make them more efficient so that they can be used in large rooms and can be easily moved with the help of casters. In addition, the ease of installation and portability of air coolers is also driving the growth in demand. Air coolers are 80% to 85% cheaper than air conditioners, making them more accessible and adaptable to the world's growing middle class. On the other hand, product innovations are increasing the demand in developing economies. A key factor driving the growth of this market is cooling efficiently and economically while using less energy. Air coolers that do not use the toxic cooling compounds used in air conditioners to cool the surrounding environment, making them more environmentally friendly, is another growing factor. Increasing demand for energy efficient, low power consumption, and highly flexible devices is also driving the air cooler industry.

This report presents a comprehensive overview, market shares, and growth opportunities of Dry Ambient Air Coolers market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
V-Type Cooler
Flatbed Cooler
Box Type Cooler
Others

Segmentation by application
Household
Commercial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Swegon AB
Modine Manufactuirng
ThermoKey SpA
Stadco Cooling
Hydac
Coiltech
Honeywell
Inductotherm
Schneider Electric
Flowtex Engineers
Kaarthik Heat Transfer
Premier Engineer Works
Aqua Cooling Solutions
Sterling Thermal Technology
UK Exchangers
AESSEAL
Transtherm

Key Questions Addressed in this Report

What is the 10-year outlook for the global Dry Ambient Air Coolers market?

What factors are driving Dry Ambient Air Coolers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Dry Ambient Air Coolers market opportunities vary by end market size?

How does Dry Ambient Air Coolers break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.