Personal Cooling Device Market Size, Trends, Shares, and Forecast - 2031

MARKET INTRODUCTION

Personal cooling devices are used to deal with headaches, heat stress, and heat-related irritability. These are generally used by people. These devices are cheaper than air conditioners. Further, they also find their application in remote areas, where other cooling equipment are not available. They also cost-effective solutions in comparison to air conditioners.

MARKET DYNAMICS

Constantly rising temperature globally as well as the availability of user-friendly technologies for energy saving is the key factors fueling the growth of personal cooling device market. Moreover, the introduction of the TEC integrated devices for personal cooling in the household, healthcare, and offices is anticipated to propel the personal cooling device market. Further, energy-efficiency, easy operability, and economical nature of the product are some of the other factors responsible for bolstering the personal cooling device market demand.

MARKET SCOPE

The "Global Personal Cooling Device Market Analysis to 2031" is a specialized and in-depth study of the personal cooling device industry with a special focus on the global market trend analysis. The report aims to provide an overview of the personal cooling device market with detailed market segmentation by product and geography. The global personal cooling device market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading personal cooling device market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global personal cooling device market is segmented on the basis of the product. Based on the product, the market is segmented into handheld cooling devices and personal air conditioner. The handheld personal cooling devices provide better handling coupled with a good cooling effect. Also, some of them are integrated with TEC modules to offer an instant cooling effect.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global personal cooling device market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The personal cooling device market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.


The report analyzes factors affecting personal cooling device market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and SAM after evaluating political, economic, social and technological factors affecting the personal cooling device market in these regions.

MARKET PLAYERS

The reports cover key developments in the Personal cooling device market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from personal cooling device market are anticipated to lucrative growth opportunities in the future with the rising demand for personal cooling device in the global market. Below mentioned is the list of few companies engaged in the personal cooling device market.

The report also includes the profiles of key personal cooling device companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last 3 years, the key development in the past five years.

• Beijing Huimao Cooling Equipment Co. Ltd.
• Design Go Ltd.
• Evapolar Ltd.
• Genexus LLC
• Havells India Ltd.
• Honeywell International
• Laird PLC
• O2cool LLC
• Shenzhen KRG Electronics Co. Ltd.
• Tellurex Corporation

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Personal Cooling Device Report Scope