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The global personal cooling device market was valued at USD 4.8 Million in 2015 and is expected to reach USD 6.9 Million by 2022, at a CAGR of 5.3% between 2016 and 2022. The base year considered for the study is 2015, and the forecast period has been considered between 2016 and 2022. The Asia Pacific region is estimated to hold the largest market share in 2016. The handheld cooling devices are expected to hold the leading position during the forecast period.
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MarketsandMarkets Pre MarketsandMarkets Presents Personal Cooling Device Market Personal Cooling Device Market worth 6.9 Million USD by 2022 Publishing Date: August 2016
About our Report The major drivers for the personal cooling device market are energy efficiency, individual comfort offering, and portable & user friendly personal cooling devices. Personal cooling devices are energy efficient and less expensive which provide comfort to individuals without disturbing the ambience of other occupants in the room. In the ambient air cooling technology, the cold air is blown by the fans or mini-blower. The handheld cooling device saves more power as compared to room AC, if used for personal cooling. This benefit is fueling the demand for personal cooling devices in the current scenario. The global personal cooling device market was valued at USD 4.8 Million in 2015 and is expected to reach USD 6.9 Million by 2022, at a CAGR of 5.3% between 2016 and 2022. The base year considered for the study is 2015, and the forecast period has been considered between 2016 and 2022. The Asia Pacific region is estimated to hold the largest market share in 2016. The handheld cooling devices are expected to hold the leading position during the forecast period
Inside of Report Browse: • 9 market data tables. • 40 figures spread through 80 pages. • in-depth TOC on “Personal Cooling Device Market - Global Forecasts to 2022".” The APAC region is expected to hold the largest share and dominate the personal cooling device market in the near future because of the wide presence of cooling device manufacturers and suppliers in the APAC region. In the current scenario, APAC is a hub for various electronics device manufacturers. Moreover, the usage of these cooling devices is more due to hot climatic conditions. The handheld cooling device is expected to hold the largest share of the personal cooling device market, while the personal air conditioner is expected to grow at a significant rate between 2016 and 2022 in the personal cooling device market. Handheld cooling devices are smaller in size and users can carry them to various locations such as camping, outdoor games, parks, and offices and can be used in activities such as sunbathing. The employees working in hot temperatures use handheld cooling devices to minimize heat/cold stress and fatigue, to improve comfort and productivity. Companies such as Ambient Therapeutics Inc. has developed TEC based personal cooling device for relief from joint pains, mosquito bites, and hot flashes.
Table of Content 1 Introduction (Page No. - 11) 2 Research Methodology (Page No. - 17) 3 Analyst Briefing (Page No. - 25) 4 Premium Insights (Page No. - 28) 5 Market Overview (Page No. - 32) 6 Market, By Technology (Page No. - 39) . . . . 11 Appendix (Page No. - 80)
Personal Cooling Device Download Free Sample Pages :- http://www.marketsandmarkets.com/requestsample.asp?id=79326909 The HVAC systems are major substitutes for personal cooling devices as these systems provide both cooling and heating for personal comfort. The HVAC systems have more adoptability as compared to personal cooling device. As a result, this would restrain the personal cooling device market. The major companies in the personal cooling device market include Havells India Ltd. (India), Honeywell International (U.S.), O2Cool LLC (U.S.), Ambient Therapeutics (U.S.), Evapolar Ltd. (Russia), and others. These players adopted various strategies such as new product developments, and business expansion to cater to the needs of the market.
Company Coverage • Honeywell International (U.S.) • HavellsIndia Ltd. (India) • O2Cool LLC. (U.S.) • Holmes (Jarden Consumer Solution) (U.S.) • and Evapolar Ltd. (Russia) • AMBIENT Therapeutics Inc. (U.S.) • Lakeland Ltd. (U.K.) • Beijing Huimao Cooling Equipment Co. Ltd. (China) • Handy Cooler (Genexus LLC) (U.S.) • Design Go Ltd. (U.K.)
Summary The personal cooling device market is expected to reach USD 6.9 Million by 2022, at a CAGR of 5.3% during the forecast period. The major drivers for the personal cooling device market are energy efficiency, individual comfort offering, and portable & user friendly personal cooling devices. Personal cooling devices are energy efficient and less expensive which provide comfort to individuals without disturbing the ambience of other occupants in the room. In the ambient air cooling technology, the cold air is blown by the fans or mini-blower. The handheld cooling device saves more power as compared to room AC, if used for personal cooling. This benefit is fueling the demand for personal cooling devices in the current scenario. The scope of this report covers the personal cooling device market on the basis of technology, product and geography. In the product segment, personal cooling device market has been segmented into two sub-categories, namely, personal air-conditioner and handheld cooling devices. The handheld cooling devices are expected to hold the largest market share and dominate the market during the forecast period.
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