EVAPORATIVE COOLING MARKET ANALYSIS

Regional Analysis

Global Evaporative Cooling Market: Regional Insights

The global evaporative cooling market is regionally divided into North America, Latin America, Europe, Asia Pacific, and Rest of the World.

North America is expected to witness strong growth in the global evaporative cooling market over the forecast period. This is due to development of commercial architecture in the U.S. The rise in initiatives taken by government for sustainable energy management in the region and rise in adoption of evaporating cooling systems due to inefficiency of conventional air conditioning is also expected to propel growth of the market in the region.

Furthermore, Asia Pacific is also projected to witness substantial growth in the global evaporative cooling market over the forecast period. This growth can be attributed to rising temperatures and increasing incomes in Southeast Asia leading to high demand for AC sales. For instance, according to the Coherent Market Insights, the overall number of air-conditioner units will likely increase in 2040 to 300 million units from 40 million units in 2017, and half of this will be from Indonesia.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa