Smart Personal Air Cooler Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2024 to 2031)


Posted February 29, 2024 by mansi3210

Smart personal air cooler market is anticipated to grow at a significant CAGR during the forecast period.

 
Smart personal air cooler market is anticipated to grow at a significant CAGR during the forecast period. A smart personal air cooler is a portable cooling device that is energy-efficient, economic, and applicable to facilitate individual users without disturbing the ambience of others. These are tabletop, user-friendly devices that are available at very low maintenance and economic cost. Smart personal air coolers are manufactured with IoT enabled technology that features motorized horizontal and vertical louvre movement. It has been ergonomically designed to fit perfectly in any corner of the room to cool down every nook and corner. It supports remote operation and has anti-bacterial and mosquito repellant properties.

The smart personal air cooler as a budget-friendly device with no installation requirement and versatile functioning is gaining huge traction in the market across the globe which, in turn, is anticipated to drive the market growth during the forecast period. The portable, individual comfort system, energy-efficient, and ergonomically appealing design offered by the smart personal air cooler are further expected to supplement the growth of the market. Additionally, the rising commercialization, changing lifestyle, and increase in disposable income are some factors that raise the adoption of smart technologies. This increasing adoption of smart technologies with the rising trend towards digitalization is anticipated to create lucrative opportunities for the smart personal air cooler market during the forecast period.

Additionally, the key players present in the global smart personal air cooler market include Evapolar Ltd., Orient Electric Ltd., Bajaj Electricals Ltd., and others adopted various strategies that include- product launches, mergers & acquisitions, among others to remain competitive in the market. For instance, in March 2018, Bajaj Electricals Ltd. launched an IoT enabled air cooler, Bajaj COOL.iNXT. With the launch of this IoT product, Bajaj Electricals aims to improve customers' experience through smart technology and intuitive designs.

To Request a Sample of our Report on Smart Personal Air Cooler Market: https://www.omrglobal.com/request-sample/smart-personal-air-cooler-market

Market Coverage

· The market number available for – 2023-2031

· Base year- 2023

· Forecast period- 2024-2031

· Segment Covered

· Regions Covered- Globally

Competitive Landscape- Evapolar Ltd., Orient Electric Ltd., Bajaj Electricals Ltd., and others.

Smart Personal Air Cooler Market Report Segment

By Capacity

· < 20 L

· >20 L and Above

By Application

· Residential

· Commercial

A full Report of Smart Personal Air Cooler Market is Available @ https://www.omrglobal.com/industry-reports/smart-personal-air-cooler-market

Smart Personal Air Cooler Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/smart-personal-air-cooler-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no: +91 7803040404
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Issued By MANSI
Phone +91 7803040404
Business Address Indore, india
Country India
Categories Business , Manufacturing
Last Updated February 29, 2024