Personal cooling devices are useful for dealing with heat stress, headaches, and heat related irritability among others. Hot weather can prove to be tiresome and due to this families resort to the purchase of expensive and high tonnage air conditioners. Families falling in the low to middle income group resort to the purchase of coolers which are far less effective as compared to air conditioners, but are capable of maintaining a cool temperature. However, with the rising cost of electricity, families find it difficult in maintaining such expensive air conditioners and they are looking for alternative ways to keep themselves cool during summer without having to spend a fortune on electricity to run air conditioners. Due to this factor, consumers are showing increased preference towards personal cooling devices to tackle the heat during summer.
The handheld cooling devices are expected to hold the largest market share and dominate the personal cooling device market during the forecast period.
The market for handheld cooling device in APAC is expected to grow at the highest CAGR during the forecast period. The countries such as China, Japan, Australia, South-Korea, and India in APAC region consumes more personal cooling devices as compared to other region in the world. China is the largest producer and supplier of low-cost personal cooling devices with variety of features. Owing to this personal cooling devices market is very fragmented. The hot climate of the APAC region and increase in global warming is the main reason for rise in temperature in the region. Thus, there is great opportunity for personal cooling device to increase its market presence in China and adjacent countries.
In 2019, the market size of Personal Cooling Devices is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Personal Cooling Devices.
This report studies the global market size of Personal Cooling Devices, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Personal Cooling Devices sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
AMBIENT Therapeutics
Lakeland
Beijing Huimao Cooling Equipment
Handy Cooler
Design Go
Honeywell
Havells
O2Cool
Holmes
Evapolar
Tellurex
Shenzhen KRG Electronics
Market Segment by Product Type
Personal Air Conditioner/ Desk Fans
Handheld Cooling Device
Market Segment by Application
Residential
Commercial
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Personal Cooling Devices status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Personal Cooling Devices manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Personal Cooling Devices are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Personal Cooling Devices. Industry analysis & Market Report on Personal Cooling Devices is a syndicated market report, published as Global (United States, European Union and China) Personal Cooling Devices Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Personal Cooling Devices market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.