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.
The global Personal Cooling Devices market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Personal Cooling Devices market based on company, product type, end user and key regions.
This report studies the global market size of Personal Cooling Devices in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Personal Cooling Devices in these regions.
This research report categorizes the global Personal Cooling Devices market by top players/brands, region, type and end user. This report also studies the global Personal Cooling Devices market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Beijing Huimao Cooling Equipment
Shenzhen KRG Electronics
Market size by Product
Personal Air Conditioner/ Desk Fans
Handheld Cooling Device
Market size by End User
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Personal Cooling Devices market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Personal Cooling Devices market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Personal Cooling Devices companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Personal Cooling Devices submarkets, with respect to key 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
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Personal Cooling Devices market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.