India Evaporative Aircooler Market Overview, 2020-25

Symphony was the first player to enter the branded residential air cooler segment in the late 80s single handedly transforming the way Indian consumers perceive evaporative air coo

Featured Companies

  • 1. Bajaj Electricals Limited
  • 2. Canbara Industries Private Limited
  • 3. Orient Electric Limited
  • 4. Ram Coolers Private Limited
  • 5. Symphony Limited
  • 6. Voltas Limited
  • More...

According to a recently published report "India Evaporative Air Cooler Market By Value, By Segment (Residencial, Industrial, Organized, Un-Organized), By Type (Room, Desert, Tower), Overview, 2020-2025", the air cooler market in India has experienced significant growth over the past few years. This market is segmented into residential and industrial based on the usage, with residential air coolers having a huge customer base and industrial having a small share, due to its limited usage and a high price. Having a different sales channel, the industrial air cooler manufacturers offer more customization than the residential one. Symphony was the first player to enter the branded residential air-cooler segment in the late 80s single-handedly transforming the way Indian consumers perceive evaporative air coolers when many companies did not give much emphasis to this product. As technological innovation took place, the residential segment has seen many new entrances in the last few years. The average selling price of the coolers has taken an upward shift, and now ranging from INR 9,000 to INR 13,000. The market share of organized players' has improved drastically and has grown above 15% in volume terms by 2018-19. The marketers are presently promoting their sales through large format stores, retail chains, e-commerce portals, and TV shopping channels. The industrial evaporative air cooler market is also growing at a good pace and has many opportunities in the years to come.

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Industrial evaporative air coolers are an alternative to regular air conditioning as these are both cost-effective and environment friendly. Classified into three categories, tower, desert and room coolers, the bigger market share is of room coolers category, which is budget-friendly and convenient for small and middle-size rooms. On the other hand, desert coolers are big in size and need an installation outside the window or near an open space. The desert coolers fitted on a window, allow them to suck air from outside, while room coolers do not need such specifications and are cheaper in rate. The next-gen cooling devices have stylish looks and ingested with a lot many features like blower control speed, water tank capacity, multi-stage air purification, four-way air deflection, ice chamber, touch screen, mosquito net with a dust filter, and empty water tank alarm. They take up less floor space but are still powerful enough to be efficient in big rooms. These air coolers are expected to have a market share of around 15% by 2024-25, as they are sleek and lighter. Considered in this report Geography: India & Global Base Year: FY 2018-19 Estimated Year: FY 2019-20 Forecast Year: FY 2024-25 How it will help to solve your strategic decision making process The report gives an in-depth understanding of evaporative air cooler products in India Global evaporative air cooler market outlook Global evaporative air cooler market size & forecast Global evaporative air cooler market size by type of air cooler India evaporative air cooler market outlook India residential evaporative air cooler market size & forecast India commercial evaporative air cooler market size & forecast India evaporative air cooler segmental analysis: by company, by region, by product type India evaporative air cooler market size & forecast by tier Company profiles

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Kripa Shah

Kripa Shah

Senior Analyst

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Companies Mentioned

  • Bajaj Electricals Limited
  • Canbara Industries Private Limited
  • Orient Electric Limited
  • Ram Coolers Private Limited
  • Symphony Limited
  • Voltas Limited
  • Crompton Greaves Consumer Electricals Ltd.

Table of Contents

  • Table of Content
  • 1. Bonafide Research - A Brief Profile
  • 2. Executive Summary
  • 3. Global Evaporative Air Cooler Market Outlook
  • 3.1. Market Size By Value
  • 3.2. Market Share By Type
  • 4. India Evaporative Air Cooler Market Outlook
  • 4.1. Market Size By Value
  • 4.2. Market Size By Volume
  • 5. India Residential Evaporative Air Cooler Market Outlook
  • 5.1. Market Size By Value
  • 5.1.1. Overall Market
  • 5.1.2. Organized Residential Market
  • 5.1.3. Unorganized Residential Market
  • 5.2. Market Size By Volume
  • 5.2.1. Overall Market
  • 5.2.2. Organized Residential Market
  • 5.2.3. Unorganized Residential Market
  • 5.3. Market Share(Organized)
  • 5.3.1. By Company
  • 5.3.2. By Region
  • 5.3.3. By Type of Air Coolers
  • 5.3.4. By Sales Channel
  • 5.3.5. By Tier
  • 5.3.6. By Price Range
  • 5.3.7. By Organized vs. Unorganized
  • 5.4. Product Price & Variant Analysis
  • 6. India Industrial Evaporative Air Cooler Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Size By Volume
  • 6.3. Product Price & Variant Analysis
  • 7. India Economic Snapshot
  • 8. Raw Material & Production Scenario
  • 9. Company Profiles
  • 9.1. Symphony Limited
  • 9.2. Crompton Greaves Consumer Electricals Ltd.
  • 9.3. Canbara Industries Private Limited
  • 9.4. Ram Coolers
  • 9.5. Orient Electric Limited
  • 9.6. Voltas Limited
  • 9.7. Bajaj Electricals Limited
  • 10. Disclaimer

List of Table
Table-1: Product, Price & Variant Analysis Of Residential Evaporative Air Coolers In India 2018-19
Table-2:Product, Price & Variant Analysis Of Industrial Evaporative Air Coolers In India 2016
Table-3: India Economic Profile – 2015 To 2018
Table-4: Key Facts Of Symphony Limited
Table-5: Key Facts Of Crompton Greaves Consumer Electricals Ltd.
Table-6: Key Facts Of Canbara Industries Private Limited
Table-7: Key Facts Of Ram Coolers
Table-8: Key Facts Of Orient Electric Limited
Table-9: Key Facts Of Voltas Limited
Table-10: Key Facts Of Bajaj Electricals Limited

List of Figures
Figure-1: Global Evaporative Air Cooler Market Size - By Value 2013 - 2019 (USD Billion)
Figure-2: Global Evaporative Air Cooler Market Share - By Type of Air Coolers 2019 & 2025F
Figure-3: India Evaporative Air Cooler Market Size - By Value 2013-14 To 2018-19 (INR Crore)
Figure-4: India Evaporative Air Cooler Market Size Forecast - By Value 2019-20F to 2024-25F (INR Crore)
Figure-5: India Evaporative Air Cooler Market Size - By Volume2013-14 To 2018-19 (Million Units)
Figure-6: India Evaporative Air Cooler Market Size Forecast - By Volume 2019-20F To 2024-25F (Million Units)
Figure-7: India Residential Evaporative Air Cooler Market Size - By Value 2013-14 To 2018-19 (INR Crore)
Figure-8: India Residential Evaporative Air Cooler Market Size Forecast - By Value 2019-20F To 2024-25F (INR Crore)
Figure-9: India Organized Residential Evaporative Air Cooler Market Size - By Value 2013-14 To 2018-19 (INR Crore)
Figure-10: India Organized Residential Evaporative Air Cooler Market Size Forecast - By Value 2019-20F To 2024-25F (INR Crore)
Figure-11: India Unorganized Residential Evaporative Air Cooler Market Size - By Value 2013-14 To 2018-19 (INR Crore)
Figure-12: India Unorganized Residential Evaporative Air Cooler Market Size Forecast - By Value 2019-20F To 2024-25F (INR Crore)
Figure-13: India Residential Evaporative Air Cooler Market Size - By Volume 2013-14 To 2018-19 (Million Units)
Figure-14: India Residential Evaporative Air Cooler Market Size Forecast - By Volume 2019-20F to 2024-25F (Million Units)
Figure-15: India Organized Residential Evaporative Air Cooler Market Size - By Volume 2013-14 To 2018-19 (Million Units)
Figure-16: India Organized Residential Evaporative Air Cooler Market Size Forecast - By Volume 2019-20F To 2024-25F (Million Units)
Figure-17: India Unorganized Residential Evaporative Air Cooler Market Size - By Volume 2013-14 To 2018-19 (Million Units)
Figure-18: India Unorganized Residential Evaporative Air Cooler Market Size Forecast - By Volume 2019-20F To 2024-25F (Million Units)
Figure-19: India Organized Residential Evaporative Air Cooler Market Share - By Company By Value 2018-19
Figure-20: India Organized Residential Evaporative Air Cooler Market Share - By Company By Volume 2018-19
Figure-21: India Organized Residential Evaporative Air Cooler Market Share - By Region 2018-19& 2024-25F
Figure-22: India Organized Residential Evaporative Air Cooler Market Share - By Type of Air Coolers 2018-19 & 2024-25F
Figure-23: India Organized Residential Evaporative Air Cooler online and offline sales Channel- By Region 2018-19 & 2024-25F
Figure-24: India Organized Residential Evaporative Air Cooler - By Tier 2018-19 & 2024-25F
Figure-25: India Organized Residential Evaporative Air Cooler Market Share By Value - By Price Range 2018-19 & 2024-25F
Figure-26: India Residential Evaporative Air Cooler Market Share - By Organized Vs Unorganized (Value) 2018-19& 2024-25F
Figure-27: India Residential Evaporative Air Cooler Market Share - By Organized Vs Unorganized (Volume) 2018-19& 2024-25F
Figure-28: India Industrial Evaporative Air Cooler Market Size - By Value 2013-14 To 2018-19 (INR Crore)
Figure-29: India Industrial Evaporative Air Cooler Market Size Forecast - By Value 2019-20F To 2024-25F (INR Crore)
Figure-30: India Industrial Evaporative Air Cooler Market Size - By Volume 2013-14 To 2018-19 (Thousand Units)
Figure-31: India Industrial Evaporative Air Cooler Market Size Forecast - By Volume 2019-20F to 2024-25F (Thousand Units)
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India Evaporative Aircooler Market Overview, 2020-25

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