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Global Personal Cooling Device Market: By Product Type: Personalised Air Conditioner/ Desk Fans, Handheld Cooling Device; By Distribution Channel: Online, Offline; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Personal Cooling Device Market Outlook

The global personal cooling device market attained a value of more than USD 6.4 million in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 5.2% to reach over USD 8.7 million by 2027.

 

Rising Demand for Handheld Cooling Device to Boost the Personal Cooling Device Industry

In comparison to other room conditioners, handheld cooling device are predicted to be the fastest-growing product in the global market for personal cooling device. This is because they are created in a variety of styles that allow users easy handling with good cooling impact and are simple to operate. TEC modules are connected with handheld cooling device to give instant cooling. To increase comfort and productivity, employees working in hot environments utilise handheld cooling device to reduce heat/cold stress and tiredness, thereby bolstering the market growth.

 

Global Personal Cooling Device Market

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One such portable cooling device is a personal cooling device that uses components, which  are commonly found in gas refrigerant air conditioning. The gadget is worn as a backpack with adjustable shoulder straps to accommodate a wide range of user sizes. The unique design and user-friendly structure are therefore augmenting the demand, thereby pushing the growth of the market. In addition to this, the  device is small and light, with controls for on/off and temperature, making it user friendly. Furthermore, a rechargeable battery or normal AC voltage, as well as a transformer, are used to provide cooling. The added advantage of a removable fitting is positively influencing the growth of the market.

 

The Asia Pacific Region to Hold a Significant Share in the Overall Growth of the Market

The Asia Pacific is projected to hold a significant share in the overall market of personal cooling device. This can be attributed to the wide utility of personal cooling agents in several countries of the region owing to the region’s hot and humid environment. Furthermore, Asia-Pacific, which is a key centre for electronic device production  with a strong market presence of leading manufacturers, is quickly becoming one of the leading providers of such cooling equipment, thereby aiding in international trade and propelling the market growth.

 

Personal Cooling Device: Market Segmentation

The personal cooling devices are systems, which are energy-efficient and cost-effective, which provide comfort to the user without disrupting the room's ambience.

The major types of products of personal cooling device are:

  • Personalised Air Conditioner/ Desk Fans
  • Handheld Cooling Device

The market can be broadly categorised on the basis of its distribution channel into:

  • Online
  • Offline

The online segment is divided into e-commerce websites and company owned websites, whereas the offline segment is divided into hypermarkets/supermarkets, and speciality stores, among others.

The EMR report looks into the regional markets of personal cooling device like North America, the Asia Pacific, Europe, Latin America, and the Middle East and Africa.

 

Rising Applications of Personal Cooling Device to Augment the Market growth

One of the newest applications of personal air conditioning technology is the motorcycle air conditioner. The device pushes cold or hot air inside the wearable jacket, providing the rider with a comfortable environment. This has been a significant factor pushing the growth of the market. Furthermore, personal cooling devices are u tilised for cooling other types of vehicles, such as cars, for releasing the heat into the atmosphere. This level of comfort reduces weariness while riding, allowing the rider to be more alert and focused.

In addition to this, bladeless and bladed fans are the two types of fans available. Bladeless fans are usually quieter, but they are also more expensive. The bladed solutions aren't always as effective as the ducted options, but they're less expensive and the fans can be adjusted. The robust product choices are therefore generating growth opportunities for the market growth. Moreover, the market growth can also be associated with the growing number of vehicle ownership as a result of inflating disposable incomes and innovations in product designs.

 

Key Industry Players in the Global Personal Cooling Device Market

The report presents a detailed analysis of the following key players in the global personal cooling device market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Honeywell International Inc.
  • O2Cool
  • Sunbeam Products, Inc.
  • Havells India Ltd.
  • Evapolar Ltd
  • AMBIENT THERAPEUTICS INC.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Distribution Channel, Region
Breakup by Product Type Personalised Air Conditioner/ Desk Fans, Handheld Cooling Device
Breakup by Distribution Channel Online, Offline
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Honeywell International Inc., O2Cool, Sunbeam Products, Inc., Havells India Ltd., Evapolar Ltd., AMBIENT THERAPEUTICS INC., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Personal Cooling Device Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Personal Cooling Device Historical Market (2017-2021) 
    8.3    Global Personal Cooling Device Market Forecast (2022-2027)
    8.4    Global Personal Cooling Device Market by Product Type
        8.4.1    Personalised Air Conditioner/ Desk Fans 
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Handheld Cooling Device
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Personal Cooling Device Market by Distribution Channel
        8.5.1    Online
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
            8.5.1.4    Breakup by Source
                8.5.1.4.1    E-commerce Websites
                8.5.1.4.2    Company Owned Websites
        8.5.2    Offline
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
            8.5.2.4    Breakup by Source
                8.5.2.4.1    Hypermarkets/Supermarkets
                8.5.2.4.2    Speciality Stores
                8.5.2.4.3    Others
    8.6    Global Personal Cooling Device Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Honeywell International Inc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    O2Cool
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Sunbeam Products, Inc.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Havells India Ltd.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Evapolar Ltd.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    AMBIENT THERAPEUTICS INC.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Personal Cooling Device Market: Key Industry Highlights, 2017 and 2027
2.    Global Personal Cooling Device Historical Market: Breakup by Product Type (USD Million), 2017-2021
3.    Global Personal Cooling Device Market Forecast: Breakup by Product Type (USD Million), 2022-2027
4.    Global Personal Cooling Device Historical Market: Breakup by Distribution Channel (USD Million), 2017-2021
5.    Global Personal Cooling Device Market Forecast: Breakup by Distribution Channel (USD Million), 2022-2027
6.    Global Personal Cooling Device Historical Market: Breakup by Region (USD Million), 2017-2021
7.    Global Personal Cooling Device Market Forecast: Breakup by Region (USD Million), 2022-2027
8.    North America Personal Cooling Device Historical Market: Breakup by Country (USD Million), 2017-2021
9.    North America Personal Cooling Device Market Forecast: Breakup by Country (USD Million), 2022-2027
10.    Europe Personal Cooling Device Historical Market: Breakup by Country (USD Million), 2017-2021
11.    Europe Personal Cooling Device Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Asia Pacific Personal Cooling Device Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Asia Pacific Personal Cooling Device Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Latin America Personal Cooling Device Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Latin America Personal Cooling Device Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Middle East and Africa Personal Cooling Device Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Middle East and Africa Personal Cooling Device Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Global Personal Cooling Device Market Structure

Key Questions Answered in the Report

In 2021, the global personal cooling device market attained a value of more than USD 6.4 million.

The market is projected to grow at a CAGR of 5.2% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach over USD 8.7 million by 2027.

The market is being driven by the increasing usage of handheld portable cooling device for personal use, along with various applications of these devices in vehicles like motorcycle.

The market is expected to be defined by the ongoing technological innovations in the industry.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major product types of personal cooling device are personalised air conditioner/ desk fans and handheld cooling device.

The significant distribution channels of personal cooling device are online and offline.

The major players in the industry are Honeywell International Inc., O2Cool, Sunbeam Products, Inc., Havells India Ltd., Evapolar Ltd, and AMBIENT THERAPEUTICS INC., among others.

Analyst Review

The global personal cooling device market attained a value of more than USD 6.4 million in 2021, driven by the rising usage of handheld portable cooling device. Aided by the upcoming unique designs in the product, the market is expected to grow at a CAGR of 5.2% in the forecast period of 2022-2027 to reach over USD 8.7 million by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, market can be segmented into personalised air conditioner/ desk fans and handheld cooling device. On the basis of distribution channels, the industry is divided into online and offline. The major regional markets for personal cooling device are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Honeywell International Inc., O2Cool, Sunbeam Products, Inc., Havells India Ltd., Evapolar Ltd, and AMBIENT THERAPEUTICS INC., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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