PUBLISHER: TechNavio | PRODUCT CODE: 1559371
PUBLISHER: TechNavio | PRODUCT CODE: 1559371
Personal Cooling Device Market 2024-2028
The personal cooling device market is forecasted to grow by USD 1582.9 mn during 2023-2028, accelerating at a CAGR of 4.83% during the forecast period. The report on the personal cooling device market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by cost-effective supply chain of personal cooling devices, introduction of technology-enabled care (tec) integrated devices for personal cooling, and constantly rising temperature globally.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.37% |
CAGR | 4.83% |
Incremental Value | $1582.9 mn |
Technavio's personal cooling device market is segmented as below:
By Product Type
By Geographical Landscape
This study identifies the increasing disposable income of individuals as one of the prime reasons driving the personal cooling device market growth during the next few years. Also, increasing product innovations and energy efficiency, easy operability, and economic nature of personal cooling devices will lead to sizable demand in the market.
The report on the personal cooling device market covers the following areas:
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading personal cooling device market vendors that include Ambient Therapeutics Inc., Bajaj Electricals Ltd., Beijing Huimao Cooling Equipment Co. Ltd., Beurer GmbH, Blue Star Ltd., Design Go Ltd., Evapolar Ltd., Havells India Ltd., Honeywell International Inc., Ken Lifestyles Pvt. Ltd., Marathon Electric India Pvt. Ltd., Newell Brands Inc., O2Cool LLC, Orient Electric Ltd, Pelonis Technologies Inc., Shenzhen Lechuangtiancheng Technology Co. Ltd., Sony Group Corp., Summercool Home Appliances Ltd., Symphony Ltd, and Usha International Ltd.. Also, the personal cooling device market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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