Western Market Research predicts that the Global Business Evaporative Air Cooler Market was valued at USD 1,450.50 Million in 2025 and is expected to reach USD 2,890.75 Million by the year 2036, growing at a CAGR of 6.45% globally.
Global Business Evaporative Air Cooler Market Overview
The Global Business Evaporative Air Cooler Market Report provides a high-level industrial analysis of the cooling sector, focusing on energy-efficient alternatives to traditional refrigerant-based HVAC systems. Unlike standard air conditioning, evaporative cooling utilizes the enthalpy of vaporization to lower air temperature, making it a "green" solution for large-scale business environments.
This research covers the forecast period of 2026–2036, examining historical data and current market flows. The study integrates primary data from HVAC engineers and facility managers with secondary data from energy departments and environmental agencies. Key parameters analyzed include the transition toward eco-friendly refrigerants, the rise of "Green Buildings," and technological progress in honeycomb cooling pad efficiency.
Impact of COVID-19 on the Market
The COVID-19 pandemic reshaped the business cooling landscape. While 2020 saw a slowdown in industrial installations due to lockdowns, the market rebounded quickly as businesses prioritized ventilation and fresh air intake over recirculated air. Since evaporative coolers provide 100% fresh, filtered air, they became a preferred choice for warehouses, factories, and commercial spaces aiming to improve indoor air quality (IAQ) and mitigate viral transmission.
Global Market Segmentation
By Type:
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Fixed Business Evaporative Coolers: Roof-mounted or wall-mounted units for large-scale industrial plants and permanent commercial facilities.
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Mobile Business Evaporative Coolers: Portable, heavy-duty units used for spot cooling in workshops, outdoor events, and retail showrooms.
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Indirect Evaporative Cooling (IEC): Advanced systems that cool air without adding humidity, ideal for moisture-sensitive commercial environments like data centers.
By Application:
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Industrial: Manufacturing plants, automotive assembly lines, warehouses, and logistics hubs.
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Commercial: Hypermarkets, outdoor restaurants, fitness centers, large offices, and event marquees.
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Data Centers: An emerging high-growth segment utilizing evaporative cooling for high-density server heat management.
By Cooling Pad Material:
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Cellulose (Honeycomb): High-efficiency pads used in premium commercial units.
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Aspen Wood Fiber: Traditional, cost-effective pads for specific industrial applications.
Top Key Players
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Global Industrial Leaders: SPX Technologies, Baltimore Aircoil Company (BAC), Evapco Group, and Kelvion Holding GmbH.
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Commercial & Mobile Specialists: Symphony Limited, Portacool, LLC, Seeley International (Breezair), and Hessaire Products.
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Technological Innovators: Condair Group AG, Munters AB, Honeywell International, and Delta T (Big Ass Fans).
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Regional Powerhouses: EBARA Corporation, Luoyang Longhua, Xiamen Mingguang, Lanpec Technologies, and Jinghui Environmental Technology Co., Ltd.
Regional Analysis
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Asia-Pacific: The dominant market and production hub. India and China drive demand due to massive manufacturing sectors and hot, arid climates where evaporative cooling is most effective.
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North America: Growth is driven by the Southwestern U.S. and Mexico, focusing on energy-saving mandates and industrial warehouse cooling.
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Middle East & Africa: A critical market for large-scale commercial projects and outdoor hospitality cooling in the GCC countries.
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Europe: Increasing demand in Southern Europe (Spain, Italy) as heatwaves become more frequent and energy prices soar, making low-wattage cooling more attractive.
Porter’s Five Forces Analysis
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Threat of New Entrants (Moderate): Low barrier for simple mobile units, but high technical and capital barriers for large-scale industrial "Indirect" cooling systems.
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Bargaining Power of Suppliers (Moderate): Suppliers of specialized motors and high-efficiency pads hold some power, but the market for raw materials (plastic/metal) is fragmented.
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Bargaining Power of Buyers (High): Large industrial contractors and commercial developers have multiple global brands to choose from, driving price competition.
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Threat of Substitutes (Moderate): Competition from traditional HVAC is significant, though rising energy costs are making evaporative cooling the preferred substitute for large spaces.
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Competitive Rivalry (High): Intense competition between Australian, American, and Asian firms on the basis of water-saving technology and BTU efficiency.
SWOT Analysis
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Strengths: 80% less energy consumption than AC; uses no harmful CFC/HCFC refrigerants; low maintenance costs.
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Weaknesses: Ineffectiveness in high-humidity climates; high water consumption in water-stressed regions.
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Opportunities: Growing demand for "Free Cooling" in data centers; integration with solar power for off-grid industrial use.
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Threats: Rapid changes in regional water-use regulations; potential for Legionella if maintenance is neglected.
Trend Analysis & Drivers
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Sustainability Mandates: Global "Net Zero" targets are forcing businesses to ditch energy-heavy compressors for adiabatic cooling solutions.
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Smart Cooling: Integration of IoT sensors that adjust fan speed and water flow based on ambient temperature and humidity for maximum efficiency.
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The "Fresh Air" Priority: Post-pandemic building standards now emphasize high air-exchange rates, a core feature of evaporative systems.
Value Chain Analysis
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R&D & Design: Focus on CFD (Computational Fluid Dynamics) to optimize airflow and pad saturation.
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Component Sourcing: Procurement of UV-resistant polymers, high-torque motors, and antimicrobial pads.
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Manufacturing: Assembly of casings, pumps, and electronics.
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Distribution/OEM: Sales through HVAC contractors, industrial distributors, and direct-to-enterprise.
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After-Sales Service: Crucial phase involving seasonal cleaning and pad replacement.
Quick Recommendations for Stakeholders
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For Manufacturers: Focus on Indirect Evaporative Cooling (IEC) technology to expand into humid markets where traditional units underperform.
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For Facility Managers: Conduct a Life Cycle Cost Analysis (LCCA); the higher initial cost of industrial evaporative units is usually recouped in energy savings within 18–24 months.
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For Investors: Target companies specializing in Hybrid Systems (Evaporative + DX) which offer the flexibility needed for changing global climate patterns.
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For Governments: Provide tax incentives for businesses that replace traditional chemical chillers with water-based adiabatic systems to reduce the national grid load.
1. Market Overview of Business Evaporative Air Cooler
1.1 Business Evaporative Air Cooler Market Overview
1.1.1 Business Evaporative Air Cooler Product Scope
1.1.2 Market Status and Outlook
1.2 Business Evaporative Air Cooler Market Size by Regions: 2015 VS 2021 VS 2026
1.3 Business Evaporative Air Cooler Historic Market Size by Regions
1.4 Business Evaporative Air Cooler Forecasted Market Size by Regions
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Business Evaporative Air Cooler Sales Market by Type
2.1 Global Business Evaporative Air Cooler Historic Market Size by Type
2.2 Global Business Evaporative Air Cooler Forecasted Market Size by Type
2.3 Fixed Business Evaporative Air Cooler
2.4 Mobile Business Evaporative Air Cooler
3. Covid-19 Impact Business Evaporative Air Cooler Sales Market by Application
3.1 Global Business Evaporative Air Cooler Historic Market Size by Application
3.2 Global Business Evaporative Air Cooler Forecasted Market Size by Application
3.3 Industrial
3.4 Commercial
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Business Evaporative Air Cooler Production Capacity Market Share by Manufacturers
4.2 Global Business Evaporative Air Cooler Revenue Market Share by Manufacturers
4.3 Global Business Evaporative Air Cooler Average Price by Manufacturers
5. Company Profiles and Key Figures in Business Evaporative Air Cooler Business
5.1 SPX
5.1.1 SPX Company Profile
5.1.2 SPX Business Evaporative Air Cooler Product Specification
5.1.3 SPX Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.2 Kelvion Holding GmbH
5.2.1 Kelvion Holding GmbH Company Profile
5.2.2 Kelvion Holding GmbH Business Evaporative Air Cooler Product Specification
5.2.3 Kelvion Holding GmbH Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.3 Baltimore Aircoil Company
5.3.1 Baltimore Aircoil Company Company Profile
5.3.2 Baltimore Aircoil Company Business Evaporative Air Cooler Product Specification
5.3.3 Baltimore Aircoil Company Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.4 Evapco Group
5.4.1 Evapco Group Company Profile
5.4.2 Evapco Group Business Evaporative Air Cooler Product Specification
5.4.3 Evapco Group Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.5 EBARA
5.5.1 EBARA Company Profile
5.5.2 EBARA Business Evaporative Air Cooler Product Specification
5.5.3 EBARA Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.6 Luoyang Longhua
5.6.1 Luoyang Longhua Company Profile
5.6.2 Luoyang Longhua Business Evaporative Air Cooler Product Specification
5.6.3 Luoyang Longhua Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.7 Xiamen Mingguang
5.7.1 Xiamen Mingguang Company Profile
5.7.2 Xiamen Mingguang Business Evaporative Air Cooler Product Specification
5.7.3 Xiamen Mingguang Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.8 Lanpec Technologies
5.8.1 Lanpec Technologies Company Profile
5.8.2 Lanpec Technologies Business Evaporative Air Cooler Product Specification
5.8.3 Lanpec Technologies Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.9 Condair Group AG
5.9.1 Condair Group AG Company Profile
5.9.2 Condair Group AG Business Evaporative Air Cooler Product Specification
5.9.3 Condair Group AG Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.10 Hubei Electric Power Company
5.10.1 Hubei Electric Power Company Company Profile
5.10.2 Hubei Electric Power Company Business Evaporative Air Cooler Product Specification
5.10.3 Hubei Electric Power Company Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.11 Shanghai Baofeng
5.11.1 Shanghai Baofeng Company Profile
5.11.2 Shanghai Baofeng Business Evaporative Air Cooler Product Specification
5.11.3 Shanghai Baofeng Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.12 Shijiazhuang Tianren
5.12.1 Shijiazhuang Tianren Company Profile
5.12.2 Shijiazhuang Tianren Business Evaporative Air Cooler Product Specification
5.12.3 Shijiazhuang Tianren Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.13 Honeywell
5.13.1 Honeywell Company Profile
5.13.2 Honeywell Business Evaporative Air Cooler Product Specification
5.13.3 Honeywell Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.14 NewAir
5.14.1 NewAir Company Profile
5.14.2 NewAir Business Evaporative Air Cooler Product Specification
5.14.3 NewAir Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.15 Hessaire
5.15.1 Hessaire Company Profile
5.15.2 Hessaire Business Evaporative Air Cooler Product Specification
5.15.3 Hessaire Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.16 Hitachi
5.16.1 Hitachi Company Profile
5.16.2 Hitachi Business Evaporative Air Cooler Product Specification
5.16.3 Hitachi Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.17 Prem-I-Air
5.17.1 Prem-I-Air Company Profile
5.17.2 Prem-I-Air Business Evaporative Air Cooler Product Specification
5.17.3 Prem-I-Air Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.18 Jinghui
5.18.1 Jinghui Company Profile
5.18.2 Jinghui Business Evaporative Air Cooler Product Specification
5.18.3 Jinghui Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.19 GEA
5.19.1 GEA Company Profile
5.19.2 GEA Business Evaporative Air Cooler Product Specification
5.19.3 GEA Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.20 Munters
5.20.1 Munters Company Profile
5.20.2 Munters Business Evaporative Air Cooler Product Specification
5.20.3 Munters Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
5.21 Met Mann
5.21.1 Met Mann Company Profile
5.21.2 Met Mann Business Evaporative Air Cooler Product Specification
5.21.3 Met Mann Business Evaporative Air Cooler Production Capacity, Revenue, Price and Gross Margin
6. North America
6.1 North America Business Evaporative Air Cooler Market Size
6.2 North America Business Evaporative Air Cooler Key Players in North America
6.3 North America Business Evaporative Air Cooler Market Size by Type
6.4 North America Business Evaporative Air Cooler Market Size by Application
7. East Asia
7.1 East Asia Business Evaporative Air Cooler Market Size
7.2 East Asia Business Evaporative Air Cooler Key Players in North America
7.3 East Asia Business Evaporative Air Cooler Market Size by Type
7.4 East Asia Business Evaporative Air Cooler Market Size by Application
8. Europe
8.1 Europe Business Evaporative Air Cooler Market Size
8.2 Europe Business Evaporative Air Cooler Key Players in North America
8.3 Europe Business Evaporative Air Cooler Market Size by Type
8.4 Europe Business Evaporative Air Cooler Market Size by Application
9. South Asia
9.1 South Asia Business Evaporative Air Cooler Market Size
9.2 South Asia Business Evaporative Air Cooler Key Players in North America
9.3 South Asia Business Evaporative Air Cooler Market Size by Type
9.4 South Asia Business Evaporative Air Cooler Market Size by Application
10. Southeast Asia
10.1 Southeast Asia Business Evaporative Air Cooler Market Size
10.2 Southeast Asia Business Evaporative Air Cooler Key Players in North America
10.3 Southeast Asia Business Evaporative Air Cooler Market Size by Type
10.4 Southeast Asia Business Evaporative Air Cooler Market Size by Application
11. Middle East
11.1 Middle East Business Evaporative Air Cooler Market Size
11.2 Middle East Business Evaporative Air Cooler Key Players in North America
11.3 Middle East Business Evaporative Air Cooler Market Size by Type
11.4 Middle East Business Evaporative Air Cooler Market Size by Application
12. Africa
12.1 Africa Business Evaporative Air Cooler Market Size
12.2 Africa Business Evaporative Air Cooler Key Players in North America
12.3 Africa Business Evaporative Air Cooler Market Size by Type
12.4 Africa Business Evaporative Air Cooler Market Size by Application
13. Oceania
13.1 Oceania Business Evaporative Air Cooler Market Size
13.2 Oceania Business Evaporative Air Cooler Key Players in North America
13.3 Oceania Business Evaporative Air Cooler Market Size by Type
13.4 Oceania Business Evaporative Air Cooler Market Size by Application
14. South America
14.1 South America Business Evaporative Air Cooler Market Size
14.2 South America Business Evaporative Air Cooler Key Players in North America
14.3 South America Business Evaporative Air Cooler Market Size by Type
14.4 South America Business Evaporative Air Cooler Market Size by Application
15. Rest of the World
15.1 Rest of the World Business Evaporative Air Cooler Market Size
15.2 Rest of the World Business Evaporative Air Cooler Key Players in North America
15.3 Rest of the World Business Evaporative Air Cooler Market Size by Type
15.4 Rest of the World Business Evaporative Air Cooler Market Size by Application
16 Business Evaporative Air Cooler Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter
Global Market Segmentation
By Type:
-
Fixed Business Evaporative Coolers: Roof-mounted or wall-mounted units for large-scale industrial plants and permanent commercial facilities.
-
Mobile Business Evaporative Coolers: Portable, heavy-duty units used for spot cooling in workshops, outdoor events, and retail showrooms.
-
Indirect Evaporative Cooling (IEC): Advanced systems that cool air without adding humidity, ideal for moisture-sensitive commercial environments like data centers.
By Application:
-
Industrial: Manufacturing plants, automotive assembly lines, warehouses, and logistics hubs.
-
Commercial: Hypermarkets, outdoor restaurants, fitness centers, large offices, and event marquees.
-
Data Centers: An emerging high-growth segment utilizing evaporative cooling for high-density server heat management.
By Cooling Pad Material:
-
Cellulose (Honeycomb): High-efficiency pads used in premium commercial units.
-
Aspen Wood Fiber: Traditional, cost-effective pads for specific industrial applications.
Top Key Players
-
Global Industrial Leaders: SPX Technologies, Baltimore Aircoil Company (BAC), Evapco Group, and Kelvion Holding GmbH.
-
Commercial & Mobile Specialists: Symphony Limited, Portacool, LLC, Seeley International (Breezair), and Hessaire Products.
-
Technological Innovators: Condair Group AG, Munters AB, Honeywell International, and Delta T (Big Ass Fans).
-
Regional Powerhouses: EBARA Corporation, Luoyang Longhua, Xiamen Mingguang, Lanpec Technologies, and Jinghui Environmental Technology Co., Ltd.
