Scope of the Study
Personal cooling devices are used to treat the headaches, heat irritations, heat stress and others. These devices are easy to operate and cost effective. They act as alternatives to air conditioner and coolers which requires a lot of electricity. The personal cooling devices run on a battery and solar power. During the summers some families cannot afford the expensive devices such as air conditioners, hence, they look for the better options. It provides easy handling and good cooling effect. These advantages are increasing the demand of personal cooling device.
The market study is being classified by Type (Handheld cooling devices and Personal air conditioner), by Application (Parks, Camping, Sunbathing, Offices and Outdoor Games) and major geographies with country level break-up.
Honeywell International (United States), Havells India Ltd. (India), Ambient Therapeutics Inc. (United States), Evapolar Ltd. (Russia), O2Cool LLC (United States), Shenzhen Krg Electronics Co. Ltd. (China), Holmes (United States), Design Go Ltd. (United Kingdom), Laird Technologies (United States) and Tellurex Corporation (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Handy Technologies (United States), Beijing Huimao Cooling Equipment Co. Ltd. (China), Lakeland Ltd. (United Kingdom) and Evapolar Ltd. (Cyprus).
The market of Personal cooling device is fragmented as it consists of emerging players. They are looking for new product launch or expansion to gain competitive advantage in upcoming years. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Personal Cooling Device market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Personal Cooling Device market by Type, Application and Region.
On the basis of geography, the market of Personal Cooling Device has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Energy Efficiency and Cost Effectiveness is Fuelling the Market Growth
- Benefits Such as Individual Comfort Offering, Mobility and User Friendliness
Market Trend
- Rising Global Temperature is causing the People to Adopt Cooling Devices
Restraints
- Used By Single Person at a Time
Opportunities
- Increasing E commerce Industry and Retails are boosting the Market
- Usage of These Devices in Offices, Household and Healthcare
Challenges
- Low Market Penetration of Personal Cooling Device is Hampering the Market
- Lack of Awareness about the Availability of Such Products
On 27th July 2019, Sony has announced Reon pocket a cooling device that can be worn as portable air conditioner. This device can also provide heating effect during the winter
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations, Enterprise software vendors and Others
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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