Indian air coolers market is estimated to grow at a CAGR of 12.2% during the forecast period. Increasing launches of innovative air coolers is one of the crucial factors accelerating market growth. For instance, in March 2020, Orient Electric Limited, a division of CK Birla Group, introduced its new range of energy-efficient inverter air coolers driven by Electronically Commutated Motor (ECM) technology that offers up to 50% savings on electricity and energy cost. Its coolers range also comprises IoT-enabled air coolers, work on Wi-Fi, and also available with voice control. Orient Electric is focusing on gaining a 25% market share in the air coolers over the two years. The increasing launches of these new energy-efficient air coolers support to attract a large number of a consumer base, which in turn, is driving the market growth.
Indian air coolers market is segmented based on type and application. Based on type, the market is classified into tower, desert, and others. In 2019, tower air coolers are being significantly preferred owing to its space-saving features. It is a sleek and slim form of air cooler that is appropriate to place in small areas as it captures small floor space. Based on the application, the market is classified into residential and commercial. In 2019, residential held the largest share in the market owing to the significant availability of the middle-class population and significant demand for low capital cost and energy-saving air coolers in residential space.
To Request a Sample of our Report on Indian air coolers Market: https://www.omrglobal.com/request-sample/indian-air-coolers-market
Indian Air Coolers Market-Segmentation
By Type
- Tower
- Desert
- Others
By Application
- Residential
- Commercial
A full Report of Indian air coolers Market is Available @ https://www.omrglobal.com/industry-reports/indian-air-coolers-market
Company Profiles
- Bajaj Electricals, Ltd.
- Blue Star, Ltd.
- Clarion Coolers
- Ecoair Cooling Systems Pvt. Ltd.
- Geonex Industries
- KAAVA Air Innovations Pvt. Ltd
- Oasis Appliances
- Orient Electric, Ltd.
- Rasika Appliances Pvt. Ltd.
- Symphony, Ltd.
- Usha International, Ltd.
- Voltas,Ltd.
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
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: info@omrglobal.com
Contact no: +91 7803040404
